Conduent Incorporated (CNDT)
NASDAQ: CNDT · IEX Real-Time Price · USD
3.910
-0.040 (-1.01%)
At close: Jul 19, 2024, 4:00 PM
3.890
-0.020 (-0.51%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
Conduent Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Conduent stock has a target of 9.00, which predicts an increase of 130.18% from the current stock price of 3.91.
Analyst Consensus: Buy
* Price targets were last updated on Mar 14, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for Conduent is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 0 | 0 | 0 | 0 | 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 |
|---|---|---|---|---|---|---|---|
| Noble Capital Markets | Noble Capital Markets | Buy Initiates $9 | Buy | Initiates | $9 | +130.18% | Mar 14, 2024 |
| Needham | Needham | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Nov 9, 2021 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Apr 14, 2020 |
| Needham | Needham | Strong Buy Maintains n/a | Strong Buy | Maintains | n/a | n/a | Mar 20, 2020 |
| BMO Capital | BMO Capital | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Aug 9, 2018 |
Financial Forecast
Revenue This Year
3.50B
from 3.72B
Decreased by -6.07%
Revenue Next Year
3.45B
from 3.50B
Decreased by -1.20%
EPS This Year
-0.74
from -1.41
EPS Next Year
-0.24
from -0.74
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.8B | 4.0B | 4.1B |
| Avg | 3.5B | 3.5B | 3.7B |
| Low | 3.3B | 3.1B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.0% | 14.0% | 20.0% |
| Avg | -6.1% | -1.2% | 6.3% |
| Low | -12.0% | -10.6% | -7.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.76 | -0.14 | 0.40 |
| Avg | -0.74 | -0.24 | 0.39 |
| Low | -0.72 | -0.33 | 0.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
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.