Conduent Incorporated (CNDT)
NASDAQ: CNDT · IEX Real-Time Price · USD
3.070
+0.040 (1.32%)
At close: Apr 24, 2024, 4:00 PM
3.140
+0.070 (2.28%)
After-hours: Apr 24, 2024, 7:07 PM 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 193.16% from the current stock price of 3.07.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 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 | +193.16% | 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
3.64B
from 3.72B
Decreased by -2.34%
Revenue Next Year
3.56B
from 3.64B
Decreased by -2.12%
EPS This Year
-0.10
from -1.41
EPS Next Year
-0.17
from -0.10
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 3.8B | 4.0B |
| Avg | 3.6B | 3.6B |
| Low | 3.4B | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 3.0% | 9.7% |
| Avg | -2.3% | -2.1% |
| Low | -9.7% | -13.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.08 | -0.18 |
| Avg | -0.10 | -0.17 |
| Low | -0.27 | -0.17 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| 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.