CION Investment Corporation (CION)
NYSE: CION · IEX Real-Time Price · USD
12.19
-0.05 (-0.41%)
At close: Jul 19, 2024, 4:00 PM
12.27
+0.08 (0.66%)
After-hours: Jul 20, 2024, 12:56 PM EDT
CION Investment Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for CION Investment stock have an average target of 11.38, with a low estimate of 10.75 and a high estimate of 12. The average target predicts a decrease of -6.64% from the current stock price of 12.19.
Analyst Consensus: Hold
* Price targets were last updated on May 15, 2024.
Analyst Ratings
The average analyst rating for CION stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $12 → $12 | Hold | Maintains | $12 → $12 | -1.56% | May 15, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $9.75 → $11 | Hold | Maintains | $9.75 → $11 | -11.81% | Aug 10, 2023 |
| Wells Fargo | Wells Fargo | Buy → Hold Downgrades $9.25 | Buy → Hold | Downgrades | $9.25 | -24.12% | Apr 18, 2023 |
| Wells Fargo | Wells Fargo | Buy Maintains $11 → $11 | Buy | Maintains | $11 → $11 | -13.86% | Mar 17, 2023 |
| Wells Fargo | Wells Fargo | Buy Maintains $9.5 → $10 | Buy | Maintains | $9.5 → $10 | -15.91% | Nov 11, 2022 |
Financial Forecast
Revenue This Year
255.57M
from 251.01M
Increased by 1.82%
Revenue Next Year
233.06M
from 255.57M
Decreased by -8.81%
EPS This Year
1.83
from 1.74
Increased by 5.22%
EPS Next Year
1.61
from 1.83
Decreased by -12.26%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 273.0M | 252.0M |
| Avg | 255.6M | 233.1M |
| Low | 236.3M | 212.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 8.8% | -1.4% |
| Avg | 1.8% | -8.8% |
| Low | -5.9% | -16.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.89 | 1.68 |
| Avg | 1.83 | 1.61 |
| Low | 1.75 | 1.52 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 8.6% | -8.2% |
| Avg | 5.2% | -12.3% |
| Low | 0.8% | -17.0% |
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.