Clover Health Investments, Corp. (CLOV)

Clover Health Investments Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for CLOV stock has a target of 1.50, which predicts an increase of 130.77% from the current stock price of 0.65.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$1.50	$1.50	$1.50	$1.50
Change	+130.77%	+130.77%	+130.77%	+130.77%

* Price targets were last updated on Aug 11, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for CLOV is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

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

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jason Cassorla Citigroup	Citigroup	Hold Maintains $1 → $1.5	Hold	Maintains	$1 → $1.5	+130.77%	Aug 11, 2023
Richard Close Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $4 → $3	Strong Buy	Maintains	$4 → $3	+361.54%	Mar 6, 2023
Jonathan Yong Credit Suisse	Credit Suisse	Sell Maintains $2.5 → $1.25	Sell	Maintains	$2.5 → $1.25	+92.31%	Mar 6, 2023
Jason Cassorla Citigroup	Citigroup	Hold Maintains $3.5 → $1.8	Hold	Maintains	$3.5 → $1.8	+176.92%	Nov 16, 2022
Whit Mayo SVB Leerink	SVB Leerink	Hold Maintains $3 → $1.5	Hold	Maintains	$3 → $1.5	+130.77%	Nov 8, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

1.30B

Decreased by -36.03%

from 2.03B

Revenue Next Year

1.36B

Increased by 4.77%

from 1.30B

EPS This Year

-0.23

from -0.44

EPS Next Year

-0.20

from -0.23

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027
Revenue	462.27M	672.89M	1.47B	3.48B	2.03B	1.30B	1.36B	1.43B	1.74B
Revenue Growth	59.06%	45.56%	118.76%	136.19%	-41.50%	-36.03%	4.77%	5.06%	21.30%
EPS	-4.14	-1.54	-1.42	-0.71	-0.44	-0.23	-0.20	-0.16	-
EPS Growth	-	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	5	5	4	3

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

Revenue Forecast

Revenue	2024	2025	2026	2027
High	1.4B	1.4B	1.5B	1.8B
Avg	1.3B	1.4B	1.4B	1.7B
Low	1.2B	1.3B	1.3B	1.7B

Revenue Growth

Revenue Growth	2024	2025	2026	2027
High	-32.7%	10.1%	13.2%	24.9%
Avg	-36.0%	4.8%	5.1%	21.3%
Low	-40.0%	-3.2%	-3.7%	16.6%

EPS Forecast

EPS	2024	2025	2026
High	-0.20	-0.17	-0.14
Avg	-0.23	-0.20	-0.16
Low	-0.26	-0.25	-0.18

EPS Growth

EPS Growth	2024	2025	2026
High	-	-	-
Avg	-	-	-
Low	-	-	-

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.