Clarus Corporation (CLAR)
NASDAQ: CLAR · IEX Real-Time Price · USD
6.35
+0.07 (1.11%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Clarus Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Clarus stock have an average target of 8.58, with a low estimate of 6.00 and a high estimate of 13. The average target predicts an increase of 35.12% from the current stock price of 6.35.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 6, 2024.
Analyst Ratings
The average analyst rating for Clarus stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $8 → $9 | Strong Buy | Maintains | $8 → $9 | +41.73% | May 6, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $6.5 → $7.5 | Strong Buy | Maintains | $6.5 → $7.5 | +18.11% | Mar 13, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $7 → $6 | Strong Buy | Maintains | $7 → $6 | -5.51% | Mar 8, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $9 → $8 | Strong Buy | Maintains | $9 → $8 | +25.98% | Mar 7, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $13 → $7 | Strong Buy → Hold | Downgrades | $13 → $7 | +10.24% | Jan 4, 2024 |
Financial Forecast
Revenue This Year
283.87M
from 286.02M
Decreased by -0.75%
Revenue Next Year
317.79M
from 283.87M
Increased by 11.95%
EPS This Year
0.18
from -0.27
EPS Next Year
0.59
from 0.18
Increased by 224.72%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 295.1M | 346.5M | 399.0M |
| Avg | 283.9M | 317.8M | 385.1M |
| Low | 269.5M | 290.6M | 367.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.2% | 22.1% | 25.6% |
| Avg | -0.8% | 11.9% | 21.2% |
| Low | -5.8% | 2.4% | 15.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.29 | 0.84 | -0.01 |
| Avg | 0.18 | 0.59 | -0.01 |
| Low | -0.16 | 0.46 | -0.01 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 362.7% | - |
| Avg | - | 224.7% | - |
| Low | - | 153.7% | - |
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.