Clarivate Plc (CLVT)
NYSE: CLVT · IEX Real-Time Price · USD
7.14
-0.01 (-0.14%)
Apr 23, 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 7.94, with a low estimate of 6.00 and a high estimate of 10. The average target predicts an increase of 11.20% from the current stock price of 7.14.
Analyst Consensus: Hold
* Price targets were last updated on Feb 28, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 3 | 3 | 3 | 3 | 3 |
| Sell | 2 | 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 |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $9 → $8 | Hold | Maintains | $9 → $8 | +12.04% | Feb 28, 2024 |
| Barclays | Barclays | Sell Maintains $7 → $6 | Sell | Maintains | $7 → $6 | -15.97% | Feb 28, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $10 → $8 | Hold | Maintains | $10 → $8 | +12.04% | Feb 28, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $11 → $10 | Buy | Maintains | $11 → $10 | +40.06% | Feb 28, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $10 → $11 | Buy | Maintains | $10 → $11 | +54.06% | Jan 8, 2024 |
Financial Forecast
Revenue This Year
2.67B
from 2.63B
Increased by 1.61%
Revenue Next Year
2.74B
from 2.67B
Increased by 2.62%
EPS This Year
0.76
from -1.47
EPS Next Year
0.82
from 0.76
Increased by 8.70%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.8B | 2.9B | 2.9B |
| Avg | 2.7B | 2.7B | 2.8B |
| Low | 2.6B | 2.6B | 2.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.1% | 7.1% | 7.2% |
| Avg | 1.6% | 2.6% | 3.5% |
| Low | -3.0% | -2.1% | -1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.80 | 0.88 | 0.98 |
| Avg | 0.76 | 0.82 | 0.89 |
| Low | 0.69 | 0.75 | 0.79 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 16.5% | 18.6% |
| Avg | - | 8.7% | 7.6% |
| Low | - | -0.3% | -3.6% |
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.