Consensus Cloud Solutions, Inc. (CCSI)
NASDAQ: CCSI · IEX Real-Time Price · USD
15.92
-0.63 (-3.81%)
At close: Jul 2, 2024, 4:00 PM
15.97
+0.05 (0.31%)
After-hours: Jul 2, 2024, 4:05 PM EDT
Consensus Cloud Solutions Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for CCSI stock have an average target of 21.33, with a low estimate of 20 and a high estimate of 24. The average target predicts an increase of 33.98% from the current stock price of 15.92.
Analyst Consensus: Hold
* Price targets were last updated on May 10, 2024.
Analyst Ratings
The average analyst rating for CCSI stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 6 | 6 | 6 | 6 | 6 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy Reiterates $24 | Buy | Reiterates | $24 | +50.75% | May 10, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $29 → $20 | Buy | Maintains | $29 → $20 | +25.63% | May 9, 2024 |
| BTIG | BTIG | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jan 26, 2024 |
| Citigroup | Citigroup | Hold → Strong Sell Downgrades $25 → $20 | Hold → Strong Sell | Downgrades | $25 → $20 | +25.63% | Jan 9, 2024 |
| Wedbush | Wedbush | Buy Maintains $42 → $30 | Buy | Maintains | $42 → $30 | +88.44% | Nov 10, 2023 |
Financial Forecast
Revenue This Year
350.82M
from 362.56M
Decreased by -3.24%
Revenue Next Year
349.58M
from 350.82M
Decreased by -0.35%
EPS This Year
5.41
from 3.94
Increased by 37.24%
EPS Next Year
5.51
from 5.41
Increased by 1.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 364.4M | 371.4M | 326.9M |
| Avg | 350.8M | 349.6M | 317.5M |
| Low | 331.1M | 313.5M | 305.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.5% | 5.9% | -6.5% |
| Avg | -3.2% | -0.4% | -9.2% |
| Low | -8.7% | -10.6% | -12.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.72 | 5.88 | 5.04 |
| Avg | 5.41 | 5.51 | 4.90 |
| Low | 5.11 | 4.88 | 4.71 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 45.2% | 8.7% | -8.5% |
| Avg | 37.2% | 2.0% | -11.1% |
| Low | 29.6% | -9.7% | -14.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.