Comtech Telecommunications Corp. (CMTL)
NASDAQ: CMTL · IEX Real-Time Price · USD
1.870
+0.120 (6.86%)
Apr 25, 2024, 4:00 PM EDT - Market closed
CMTL Stock Forecast
CMTL's stock price has decreased by -81.95% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 2 analysts with 12-month price forecasts for CMTL stock have an average target of 14.63, with a low estimate of 11 and a high estimate of 18.25. The average target predicts an increase of 682.35% from the current stock price of 1.87.
Analyst Consensus: Buy
* Price targets were last updated on Dec 15, 2023.
Analyst Ratings
The average analyst rating for CMTL stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 2 | 2 | 2 | 2 | 2 |
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 | +875.94% | Dec 15, 2023 |
| Citigroup | Citigroup | Hold Maintains $14 → $11 | Hold | Maintains | $14 → $11 | +488.24% | Jun 27, 2023 |
| Citigroup | Citigroup | Hold Reiterates $17 → $14 | Hold | Reiterates | $17 → $14 | +648.66% | Jun 9, 2023 |
| Citigroup | Citigroup | Hold Maintains $12 → $15 | Hold | Maintains | $12 → $15 | +675.40% | Dec 12, 2022 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $32 → $10 | Strong Buy → Hold | Downgrades | $32 → $10 | +434.76% | 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
0.68
from 0.16
Increased by 332.26%
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 | 1.05 |
| Avg | 0.16 | 0.68 |
| Low | -0.19 | 0.22 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 564.1% |
| Avg | - | 332.3% |
| 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.