Clarus Corporation (CLAR)
NASDAQ: CLAR · IEX Real-Time Price · USD
6.15
+0.08 (1.32%)
At close: Apr 23, 2024, 4:00 PM
6.29
+0.14 (2.28%)
After-hours: Apr 23, 2024, 5:18 PM EDT
Clarus Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Clarus stock have an average target of 8.42, with a low estimate of 6.00 and a high estimate of 13. The average target predicts an increase of 36.91% from the current stock price of 6.15.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 13, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 4 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Maintains $6.5 → $7.5 | Strong Buy | Maintains | $6.5 → $7.5 | +21.95% | Mar 13, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $7 → $6 | Strong Buy | Maintains | $7 → $6 | -2.44% | Mar 8, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $9 → $8 | Strong Buy | Maintains | $9 → $8 | +30.08% | Mar 7, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $13 → $7 | Strong Buy → Hold | Downgrades | $13 → $7 | +13.82% | Jan 4, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $9.5 | Strong Buy | Reiterates | $9.5 | +54.47% | Sep 19, 2023 |
Financial Forecast
Revenue This Year
281.13M
from 286.02M
Decreased by -1.71%
Revenue Next Year
316.47M
from 281.13M
Increased by 12.57%
EPS This Year
0.11
from -0.27
EPS Next Year
0.28
from 0.11
Increased by 150.91%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 291.6M | 346.5M | 393.8M |
| Avg | 281.1M | 316.5M | 382.0M |
| Low | 265.1M | 286.2M | 366.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.9% | 23.3% | 24.4% |
| Avg | -1.7% | 12.6% | 20.7% |
| Low | -7.3% | 1.8% | 15.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.58 | 0.75 | -0.01 |
| Avg | 0.11 | 0.28 | -0.01 |
| Low | -0.12 | 0.05 | -0.01 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 564.4% | - |
| Avg | - | 150.9% | - |
| Low | - | -56.3% | - |
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.