Clarivate Plc (CLVT)
NYSE: CLVT · IEX Real-Time Price · USD
5.56
+0.03 (0.54%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Clarivate Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Clarivate stock have an average target of 7.69, with a low estimate of 6.00 and a high estimate of 10. The average target predicts an increase of 38.31% from the current stock price of 5.56.
Analyst Consensus: Hold
* Price targets were last updated on May 9, 2024.
Analyst Ratings
The average analyst rating for Clarivate stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $8.5 → $7.5 | Strong Buy | Maintains | $8.5 → $7.5 | +34.89% | May 9, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $9 → $8 | Hold | Maintains | $9 → $8 | +43.88% | Feb 28, 2024 |
| Barclays | Barclays | Sell Maintains $7 → $6 | Sell | Maintains | $7 → $6 | +7.91% | Feb 28, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $10 → $8 | Hold | Maintains | $10 → $8 | +43.88% | Feb 28, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $11 → $10 | Buy | Maintains | $11 → $10 | +79.86% | Feb 28, 2024 |
Financial Forecast
Revenue This Year
2.66B
from 2.63B
Increased by 1.30%
Revenue Next Year
2.73B
from 2.66B
Increased by 2.37%
EPS This Year
0.75
from -1.47
EPS Next Year
0.81
from 0.75
Increased by 7.93%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.8B | 2.9B | 3.0B | 3.1B | 3.2B |
| Avg | 2.7B | 2.7B | 2.8B | 3.0B | 3.1B |
| Low | 2.5B | 2.6B | 2.6B | 2.9B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.8% | 7.5% | 9.1% | 8.2% | 7.6% |
| Avg | 1.3% | 2.4% | 3.8% | 5.1% | 4.5% |
| Low | -4.1% | -3.8% | -3.0% | 1.0% | 0.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.81 | 0.88 | 0.98 | 0.99 | 1.05 |
| Avg | 0.75 | 0.81 | 0.91 | 0.96 | 1.02 |
| Low | 0.69 | 0.74 | 0.83 | 0.92 | 0.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 17.3% | 20.3% | 8.7% | 9.5% |
| Avg | - | 7.9% | 11.9% | 5.5% | 6.4% |
| Low | - | -1.0% | 2.6% | 1.4% | 2.2% |
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.