Capital Product Partners L.P. (CPLP)
NASDAQ: CPLP · IEX Real-Time Price · USD
16.95
-0.23 (-1.34%)
Jul 2, 2024, 4:30 PM EDT - Market closed

CPLP Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for CPLP stock have an average target of 22, with a low estimate of 20 and a high estimate of 24. The average target predicts an increase of 29.79% from the current stock price of 16.95.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $20 $22 $24 $24
Change +17.99% +29.79% +41.59% +41.59%
* Price targets were last updated on Apr 19, 2024.

Analyst Ratings

The average analyst rating for CPLP stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 122222
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 122222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stifel
Stifel
Strong Buy
Maintains
$21$20
Strong Buy Maintains $21$20 +17.99% Apr 19, 2024
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$19$24
Strong Buy Maintains $19$24 +41.59% Feb 5, 2024
Stifel
Stifel
Strong Buy
Maintains
$20$21
Strong Buy Maintains $20$21 +23.89% Nov 14, 2023
Stifel
Stifel
Strong Buy
Maintains
$17$20
Strong Buy Maintains $17$20 +17.99% Jul 31, 2023
Stifel
Stifel
Strong Buy
Maintains
$20$17
Strong Buy Maintains $20$17 +0.29% Jul 19, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
448.27M
from 360.59M
Increased by 24.32%
Revenue Next Year
474.63M
from 448.27M
Increased by 5.88%
EPS This Year
1.61
from 2.15
Decreased by -24.88%
EPS Next Year
1.79
from 1.61
Increased by 10.95%
Year 201920202021202220232024202520262027
Revenue
108.37M140.87M184.67M299.07M360.59M448.27M474.63M540.31M743.94M
Revenue Growth
-7.84%29.98%31.09%61.95%20.57%24.32%5.88%13.84%37.69%
EPS
-7.251.605.146.192.151.611.792.353.29
EPS Growth
--221.25%20.43%-65.27%-24.88%10.95%31.21%40.13%
Forward PE
-----10.509.467.215.14
No. Analysts -----5543
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 482.7M 512.1M 581.2M 765.8M
Avg 448.3M 474.6M 540.3M 743.9M
Low 400.6M 441.9M 495.8M 714.8M

Revenue Growth

Revenue Growth 2024202520262027
High
33.9%
14.2%
22.5%
41.7%
Avg
24.3%
5.9%
13.8%
37.7%
Low
11.1%
-1.4%
4.5%
32.3%

EPS Forecast

EPS 2024202520262027
High 2.17 2.53 3.22 3.39
Avg 1.61 1.79 2.35 3.29
Low 0.70 0.86 1.51 3.17

EPS Growth

EPS Growth 2024202520262027
High
1.1%
56.7%
79.9%
44.3%
Avg
-24.9%
10.9%
31.2%
40.1%
Low
-67.6%
-46.6%
-15.8%
34.6%
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.