California Water Service Group (CWT)

CWT Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for CWT stock have an average target of 52, with a low estimate of 49 and a high estimate of 55. The average target predicts an increase of 9.76% from the current stock price of 47.38.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$49	$52	$52	$55
Change	+3.43%	+9.76%	+9.76%	+16.09%

* Price targets were last updated on Jan 7, 2025.

Analyst Ratings

The average analyst rating for CWT stock from 3 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 '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	2	2	2
Hold	2	2	2	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jonathan Reeder Wells Fargo	Wells Fargo	Hold → Buy Upgrades $56 → $52	Hold → Buy	Upgrades	$56 → $52	+9.76%	Jan 7, 2025
Jonathan Reeder Wells Fargo	Wells Fargo	Sell → Hold Upgrades $50 → $57	Sell → Hold	Upgrades	$50 → $57	+20.32%	Jul 31, 2024
Ben Kallo Baird	Baird	Buy Maintains $52 → $55	Buy	Maintains	$52 → $55	+16.09%	Apr 26, 2024
Gregg Orrill UBS	UBS	Strong Sell → Hold Upgrades $49	Strong Sell → Hold	Upgrades	$49	+3.43%	Apr 4, 2024
Ben Kallo Baird	Baird	Buy Maintains $56 → $52	Buy	Maintains	$56 → $52	+9.76%	Mar 1, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

998.27M

Decreased by -3.72%

from 1.04B

Revenue Next Year

1.05B

Increased by 4.88%

from 998.27M

EPS This Year

2.37

Decreased by -27.22%

from 3.25

EPS Next Year

2.54

Increased by 7.39%

from 2.37

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	794.31M	790.91M	846.43M	794.63M	1.04B	998.27M	1.05B	1.10B
Revenue Growth	11.16%	-0.43%	7.02%	-6.12%	30.48%	-3.72%	4.88%	5.35%
EPS	1.97	1.96	1.77	0.91	3.25	2.37	2.54	2.93
EPS Growth	50.01%	-0.34%	-9.75%	-48.52%	257.14%	-27.22%	7.39%	15.31%
Forward PE	-	-	-	-	-	20.03	18.65	16.17
No. Analysts	-	-	-	-	-	6	5	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	1.1B	1.1B	1.1B
Avg	998.3M	1.0B	1.1B
Low	926.1M	985.9M	1.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	4.4%	13.3%	9.6%
Avg	-3.7%	4.9%	5.3%
Low	-10.7%	-1.2%	2.2%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	2.57	2.80	3.05
Avg	2.37	2.54	2.93
Low	2.25	2.32	2.84

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-20.8%	18.5%	19.9%
Avg	-27.2%	7.4%	15.3%
Low	-30.6%	-1.8%	11.9%

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.