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
Target Low Average Median High
Price $52 $62.79 $64 $75
Change -9.83% +8.88% +10.98% +30.05%
* 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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 788876
Buy 10999910
Hold 455555
Sell 000000
Strong Sell 000000
Total 212222222121

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
Strong Buy
Upgrades
$57$65
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
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
13.85B14.22B15.66B17.46B17.23B17.93B18.75B19.41B19.49B21.39B
Revenue Growth
-3.09%2.68%10.11%11.50%-1.31%4.08%4.60%3.52%0.40%9.72%
EPS
-1.280.912.371.581.032.903.513.943.96-
EPS Growth
--160.44%-33.33%-34.81%181.45%21.00%12.19%0.57%-
No. Analysts -----27261333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 2024202520262027
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 2024202520262027
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.