Comtech Telecommunications Corp. (CMTL)
NASDAQ: CMTL · IEX Real-Time Price · USD
2.900
-0.140 (-4.61%)
At close: Jul 19, 2024, 4:00 PM
2.940
+0.040 (1.38%)
Pre-market: Jul 22, 2024, 7:13 AM EDT
CMTL Stock Forecast
CMTL's stock price has decreased by -69.6% 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 529.31% from the current stock price of 2.90.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 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 | 2 | 2 | 2 | 2 | 2 | 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 | +529.31% | Dec 15, 2023 |
| Citigroup | Citigroup | Hold Maintains $14 → $11 | Hold | Maintains | $14 → $11 | +279.31% | Jun 27, 2023 |
| Citigroup | Citigroup | Hold Reiterates $17 → $14 | Hold | Reiterates | $17 → $14 | +382.76% | Jun 9, 2023 |
| Citigroup | Citigroup | Hold Maintains $12 → $15 | Hold | Maintains | $12 → $15 | +400.00% | Dec 12, 2022 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $32 → $10 | Strong Buy → Hold | Downgrades | $32 → $10 | +244.83% | Jun 15, 2022 |
Financial Forecast
Revenue This Year
580.05M
from 549.99M
Increased by 5.46%
Revenue Next Year
647.45M
from 580.05M
Increased by 11.62%
EPS This Year
0.16
from -1.21
EPS Next Year
0.73
from 0.16
Increased by 359.68%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 627.2M | 763.4M |
| Avg | 580.1M | 647.5M |
| Low | 540.2M | 543.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 14.0% | 31.6% |
| Avg | 5.5% | 11.6% |
| Low | -1.8% | -6.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.53 | 1.08 |
| Avg | 0.16 | 0.73 |
| Low | -0.19 | 0.22 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 584.1% |
| Avg | - | 359.7% |
| Low | - | 36.4% |
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.