Corteva, Inc. (CTVA)
NYSE: CTVA · IEX Real-Time Price · USD
52.77
-0.30 (-0.57%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Corteva Stock Forecast
Stock Price Forecast
The 20 analysts with 12-month price forecasts for Corteva stock have an average target of 62.55, with a low estimate of 52 and a high estimate of 74. The average target predicts an increase of 18.53% from the current stock price of 52.77.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Corteva stock from 22 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 6 | 6 | 8 | 7 | 7 |
| Buy | 9 | 10 | 9 | 9 | 9 | 9 |
| Hold | 5 | 5 | 6 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 21 | 21 | 23 | 22 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Strong Buy Maintains $61 → $60 | Strong Buy | Maintains | $61 → $60 | +13.70% | Jun 18, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $65 | Strong Buy | Maintains | $65 | +23.18% | Jun 12, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $62 → $65 | Strong Buy | Maintains | $62 → $65 | +23.18% | May 6, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $62 → $64 | Buy | Maintains | $62 → $64 | +21.28% | May 6, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $60 → $65 | Strong Buy | Maintains | $60 → $65 | +23.18% | May 3, 2024 |
Financial Forecast
Revenue This Year
17.84B
from 17.23B
Increased by 3.54%
Revenue Next Year
18.64B
from 17.84B
Increased by 4.51%
EPS This Year
2.88
from 1.03
Increased by 179.64%
EPS Next Year
3.53
from 2.88
Increased by 22.39%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.6B | 19.7B | 21.0B | 20.8B | 21.4B |
| Avg | 17.8B | 18.6B | 19.4B | 19.7B | 20.2B |
| Low | 16.8B | 17.3B | 17.8B | 18.5B | 18.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.9% | 10.6% | 12.7% | 7.1% | 8.7% |
| Avg | 3.5% | 4.5% | 4.0% | 1.4% | 2.5% |
| Low | -2.4% | -3.1% | -4.5% | -4.8% | -4.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.17 | 3.94 | 4.52 | 4.15 | 4.18 |
| Avg | 2.88 | 3.53 | 3.97 | 3.87 | 4.06 |
| Low | 2.65 | 2.90 | 3.25 | 3.56 | 3.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 207.9% | 36.7% | 28.1% | 4.5% | 8.1% |
| Avg | 179.6% | 22.4% | 12.6% | -2.6% | 5.0% |
| Low | 156.9% | 0.7% | -7.7% | -10.4% | 0.9% |
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.