Core Laboratories Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Core Laboratories stock have an average target of 18.75, with a low estimate of 16 and a high estimate of 21. The average target predicts an increase of 10.68% from the current stock price of 16.94.

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$16	$18.75	$20	$21
Change	-5.55%	+10.68%	+18.06%	+23.97%

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 '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	2
Sell	2	2	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	5	5	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Stephen Gengaro Stifel	Stifel	Hold Maintains $17 → $18	Hold	Maintains	$17 → $18	+6.26%	Apr 26, 2024
Chase Mulvehill B of A Securities	B of A Securities	Sell Maintains $17 → $16	Sell	Maintains	$17 → $16	-5.55%	Apr 15, 2024
Stephen Gengaro Stifel	Stifel	Hold Maintains $21 → $17	Hold	Maintains	$21 → $17	+0.35%	Feb 5, 2024
Stephen Gengaro Stifel	Stifel	Hold Maintains $23 → $21	Hold	Maintains	$23 → $21	+23.97%	Jan 29, 2024
Scott Gruber Citigroup	Citigroup	Strong Sell Maintains $21 → $20	Strong Sell	Maintains	$21 → $20	+18.06%	Sep 18, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

596.95M

from 509.79M

17.10%

from 509.79M

Revenue Next Year

533.71M

from 596.95M

-10.59%

from 596.95M

EPS This Year

0.88

from 0.78

12.60%

from 0.78

EPS Next Year

1.25

from 0.88

42.36%

from 0.88

Year	2019	2020	2021	2022	2023	2024	2024	2025	2025	2026	2026	2027	2027	2028	2028
Revenue	668.21M	487.27M	470.25M	489.74M	509.79M	596.95M	533.71M	584.26M	625.84M	575.58M	611.56M	639.33M	639.33M	663.07M	663.07M
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	-2.20	0.43	0.42	0.78	0.88	1.25	1.19	1.63	1.20	1.61	1.88	1.88	2.00	2.00
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	-	-	-	-	-	10	10	9	4	4	3	3	3	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
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	2024	2025	2026	2027	2028
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	2024	2025	2026	2027	2028
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	2024	2025	2026	2027	2028
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.