Comtech Telecommunications Corp. (CMTL)
NASDAQ: CMTL · Real-Time Price · USD
2.910
-0.810 (-21.77%)
Nov 1, 2024, 4:00 PM EDT - Market closed
CMTL Stock Forecast
CMTL's stock price has decreased by -76.15% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 1 analyst with a 12-month price forecast for CMTL stock has a target of 18.25, which predicts an increase of 527.15% from the current stock price of 2.91.
Analyst Consensus: Strong Buy
* Price targets were last updated on Dec 15, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for CMTL is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $18 | Strong Buy | Initiates | $18 | +527.15% | Dec 15, 2023 |
| Citigroup | Citigroup | Hold Maintains $14 → $11 | Hold | Maintains | $14 → $11 | +278.01% | Jun 27, 2023 |
| Citigroup | Citigroup | Hold Reiterates $17 → $14 | Hold | Reiterates | $17 → $14 | +381.10% | Jun 9, 2023 |
| Citigroup | Citigroup | Hold Maintains $12 → $15 | Hold | Maintains | $12 → $15 | +398.28% | Dec 12, 2022 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $32 → $10 | Strong Buy → Hold | Downgrades | $32 → $10 | +243.64% | Jun 15, 2022 |
Financial Forecast
Revenue This Year
553.79M
from 549.99M
Increased by 0.69%
Revenue Next Year
613.70M
from 553.79M
Increased by 10.82%
EPS This Year
0.47
from -1.21
EPS Next Year
0.55
from 0.47
Increased by 16.22%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 571.4M | 656.3M | 690.6M |
| Avg | 553.8M | 613.7M | 670.9M |
| Low | 531.4M | 542.2M | 644.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.9% | 18.5% | 12.5% |
| Avg | 0.7% | 10.8% | 9.3% |
| Low | -3.4% | -2.1% | 5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.82 | 0.74 | 0.98 |
| Avg | 0.47 | 0.55 | 0.95 |
| Low | 0.10 | 0.18 | 0.91 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 55.8% | 78.1% |
| Avg | - | 16.2% | 73.0% |
| Low | - | -62.6% | 66.2% |
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.