Core Laboratories N.V. (CLB)
NYSE: CLB · IEX Real-Time Price · USD
17.24
-0.14 (-0.81%)
Apr 16, 2024, 4:00 PM EDT - 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 18.5, with a low estimate of 16 and a high estimate of 21. The average target predicts an increase of 7.31% from the current stock price of 17.24.

Analyst Consensus: Sell
Target Low Average Median High
Price $16 $18.5 $20 $21
Change -7.19% +7.31% +16.01% +21.81%

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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 000000
Buy 000000
Hold 222222
Sell 221111
Strong Sell 111111
Total 554444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B of A Securities
B of A Securities
Sell
Maintains
$17$16
Sell Maintains $17$16 -7.19% Apr 15, 2024
Stifel
Stifel
Hold
Maintains
$21$17
Hold Maintains $21$17 -1.39% Feb 5, 2024
Stifel
Stifel
Hold
Maintains
$23$21
Hold Maintains $23$21 +21.81% Jan 29, 2024
Citigroup
Citigroup
Strong Sell
Maintains
$21$20
Strong Sell Maintains $21$20 +16.01% Sep 18, 2023
Piper Sandler
Piper Sandler
Hold
Maintains
$19$21
Hold Maintains $19$21 +21.81% Jul 31, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
596.95M
from 509.79M
Increased by 17.10%
Revenue Next Year
533.71M
from 596.95M
Decreased by -10.59%
EPS This Year
0.88
from 0.78
Increased by 12.60%
EPS Next Year
1.25
from 0.88
Increased by 42.36%
Year 201920202021202220232024202420252025202620262027202720282028
Revenue
668.21M487.27M470.25M489.74M509.79M596.95M533.71M584.26M625.84M575.58M611.56M639.33M639.33M663.07M663.07M
Revenue Growth
-4.66%-27.08%-3.49%4.14%4.10%17.10%-10.59%9.47%7.12%-8.03%6.25%4.54%-3.71%-
EPS
2.28-2.200.430.420.780.881.251.191.631.201.611.881.882.002.00
EPS Growth
27.37%---2.33%85.71%12.60%42.36%-5.17%37.89%-26.39%33.86%16.93%-6.17%-
No. Analysts -----101094433333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 577.5M 680.6M 642.6M 675.2M 698.3M
Avg 533.7M 625.8M 611.6M 639.3M 663.1M
Low 500.3M 581.1M 587.0M 610.5M 635.0M

Revenue Growth

Revenue Growth 20242025202620272028
High
13.3%
27.5%
2.7%
10.4%
9.2%
Avg
4.7%
17.3%
-2.3%
4.5%
3.7%
Low
-1.9%
8.9%
-6.2%
-0.2%
-0.7%

EPS Forecast

EPS 20242025202620272028
High 1.47 1.92 1.92 2.35 2.45
Avg 1.25 1.63 1.61 1.88 2.00
Low 1.02 1.26 1.33 1.46 1.60

EPS Growth

EPS Growth 20242025202620272028
High
88.5%
53.4%
17.5%
46.0%
29.9%
Avg
60.3%
30.8%
-1.5%
16.9%
6.2%
Low
30.7%
1.1%
-18.5%
-9.4%
-15.2%
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.