Core Laboratories Inc. (CLB)
NYSE: CLB · Real-Time Price · USD
16.85
-0.78 (-4.42%)
Dec 20, 2024, 4:00 PM EST - Market closed

Core Laboratories Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Core Laboratories stock have an average target of 17, with a low estimate of 14 and a high estimate of 22. The average target predicts an increase of 0.89% from the current stock price of 16.85.

Analyst Consensus: Sell
Target Low Average Median High
Price $14 $17 $17 $22
Change -16.91% +0.89% +0.89% +30.56%
* Price targets were last updated on Oct 31, 2024.

Analyst Ratings

The average analyst rating for CLB stock from 4 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 000000
Buy 000000
Hold 222222
Sell 111111
Strong Sell 111111
Total 444444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Sell
Maintains
$15$14
Strong Sell Maintains $15$14 -16.91% Oct 31, 2024
Stifel
Stifel
Hold
Maintains
$18$22
Hold Maintains $18$22 +30.56% Jul 26, 2024
B of A Securities
B of A Securities
Sell
Maintains
$16$15
Sell Maintains $16$15 -10.98% Jul 15, 2024
Piper Sandler
Piper Sandler
Hold
Maintains
$18$17
Hold Maintains $18$17 +0.89% Jul 15, 2024
Stifel
Stifel
Hold
Maintains
$17$18
Hold Maintains $17$18 +6.82% Apr 26, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
533.95M
from 509.79M
Increased by 4.74%
Revenue Next Year
563.95M
from 533.95M
Increased by 5.62%
EPS This Year
0.86
from 0.77
Increased by 11.14%
EPS Next Year
0.97
from 0.86
Increased by 13.06%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
668.21M487.27M470.25M489.74M509.79M533.95M563.95M575.91M
Revenue Growth
-4.66%-27.08%-3.49%4.14%4.10%4.74%5.62%2.12%
EPS
2.29-2.200.420.420.770.860.971.10
EPS Growth
27.68%---0.04%83.40%11.14%13.06%13.47%
Forward PE
-----19.6917.4115.35
No. Analysts -----774
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026202720282029
High 558.0M 608.5M 609.5M
Avg 534.0M 564.0M 575.9M
Low 515.0M 531.8M 548.7M

Revenue Growth

Revenue Growth 202420252026202720282029
High
9.5%
14.0%
8.1%
Avg
4.7%
5.6%
2.1%
Low
1.0%
-0.4%
-2.7%

EPS Forecast

EPS 202420252026202720282029
High 0.95 1.13 1.30
Avg 0.86 0.97 1.10
Low 0.75 0.80 0.93

EPS Growth

EPS Growth 202420252026202720282029
High
23.0%
32.3%
33.9%
Avg
11.1%
13.1%
13.5%
Low
-2.0%
-6.1%
-3.8%
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.