Corteva, Inc. (CTVA)
NYSE: CTVA · IEX Real-Time Price · USD
57.67
+0.67 (1.18%)
At close: Mar 28, 2024, 4:00 PM
57.57
-0.10 (-0.17%)
After-hours: Mar 28, 2024, 7:16 PM EDT
Corteva Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Corteva stock have an average target of 62.79, with a low estimate of 52 and a high estimate of 75. The average target predicts an increase of 8.88% from the current stock price of 57.67.
Analyst Consensus: Buy
* Price targets were last updated on Feb 12, 2024.
Analyst Ratings
The average analyst rating for Corteva stock from 21 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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 7 | 8 | 8 | 8 | 7 | 6 |
Buy | 10 | 9 | 9 | 9 | 9 | 10 |
Hold | 4 | 5 | 5 | 5 | 5 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 21 | 22 | 22 | 22 | 21 | 21 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Wolfe Research | Wolfe Research | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Mar 1, 2024 |
Loop Capital | Loop Capital | Hold → Strong Buy Upgrades $57 → $65 | Hold → Strong Buy | Upgrades | $57 → $65 | +12.71% | Feb 12, 2024 |
Oppenheimer | Oppenheimer | Buy Maintains $60 → $62 | Buy | Maintains | $60 → $62 | +7.51% | Feb 2, 2024 |
RBC Capital | RBC Capital | Buy Maintains $56 → $64 | Buy | Maintains | $56 → $64 | +10.98% | Feb 2, 2024 |
Keybanc | Keybanc | Buy Maintains $62 → $63 | Buy | Maintains | $62 → $63 | +9.24% | Feb 2, 2024 |
Financial Forecast
Revenue This Year
17.93B
from 17.23B
Increased by 4.08%
Revenue Next Year
18.75B
from 17.93B
Increased by 4.60%
EPS This Year
2.90
from 1.03
Increased by 181.45%
EPS Next Year
3.51
from 2.90
Increased by 21.00%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 18.8B | 20.0B | 21.0B | 20.4B | 22.0B |
Avg | 17.9B | 18.8B | 19.4B | 19.5B | 21.4B |
Low | 17.0B | 17.3B | 17.7B | 18.4B | 20.5B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 9.2% | 11.5% | 11.7% | 5.1% | 12.9% |
Avg | 4.1% | 4.6% | 3.5% | 0.4% | 9.7% |
Low | -1.4% | -3.4% | -5.5% | -5.2% | 5.4% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 3.18 | 3.83 | 4.46 | 4.07 |
Avg | 2.90 | 3.51 | 3.94 | 3.96 |
Low | 2.70 | 2.93 | 3.28 | 3.80 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 208.9% | 32.2% | 27.2% | 3.5% |
Avg | 181.4% | 21.0% | 12.2% | 0.6% |
Low | 161.7% | 1.1% | -6.4% | -3.4% |
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.