Capital Product Partners L.P. (CPLP)
NASDAQ: CPLP · IEX Real-Time Price · USD
17.40
-0.05 (-0.29%)
Mar 28, 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 22.5, with a low estimate of 21 and a high estimate of 24. The average target predicts an increase of 29.31% from the current stock price of 17.40.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $21 $22.5 $24 $24
Change +20.69% +29.31% +37.93% +37.93%
* Price targets were last updated on Feb 5, 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 111122
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 111122

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$19$24
Strong Buy Maintains $19$24 +37.93% Feb 5, 2024
Stifel
Stifel
Strong Buy
Maintains
$20$21
Strong Buy Maintains $20$21 +20.69% Nov 14, 2023
Stifel
Stifel
Strong Buy
Maintains
$17$20
Strong Buy Maintains $17$20 +14.94% Jul 31, 2023
Stifel
Stifel
Strong Buy
Maintains
$20$17
Strong Buy Maintains $20$17 -2.30% Jul 19, 2022
Jefferies
Jefferies
Strong Buy
Upgrades
n/a
Strong Buy Upgrades n/a n/a Apr 22, 2021
More Analyst Ratings

Financial Forecast

Revenue This Year
488.20M
from 360.59M
Increased by 35.39%
Revenue Next Year
519.24M
from 488.20M
Increased by 6.36%
EPS This Year
2.20
from 2.15
Increased by 2.24%
EPS Next Year
2.16
from 2.20
Decreased by -1.62%
Year 20192020202120222023202420252026
Revenue
108.37M140.87M184.67M299.07M360.59M488.20M519.24M524.16M
Revenue Growth
-7.84%29.98%31.09%61.95%20.57%35.39%6.36%0.95%
EPS
-7.251.605.146.192.152.202.161.73
EPS Growth
--221.25%20.43%-65.27%2.24%-1.62%-19.81%
No. Analysts -----553
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 537.8M 565.9M 539.6M
Avg 488.2M 519.2M 524.2M
Low 433.6M 462.3M 503.6M

Revenue Growth

Revenue Growth 202420252026
High
49.1%
15.9%
3.9%
Avg
35.4%
6.4%
0.9%
Low
20.3%
-5.3%
-3.0%

EPS Forecast

EPS 202420252026
High 2.53 2.55 1.79
Avg 2.20 2.16 1.73
Low 1.86 1.77 1.67

EPS Growth

EPS Growth 202420252026
High
17.7%
16.1%
-17.5%
Avg
2.2%
-1.6%
-19.8%
Low
-13.4%
-19.3%
-23.0%
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.