Cedar Fair, L.P. (FUN)
NYSE: FUN · IEX Real-Time Price · USD
54.60
+2.49 (4.78%)
Jul 2, 2024, 3:59 PM EDT - Market closed
Cedar Fair Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Cedar Fair stock have an average target of 52.82, with a low estimate of 42 and a high estimate of 67. The average target predicts a decrease of -3.26% from the current stock price of 54.60.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Cedar Fair stock from 11 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 7 | 7 | 7 | 7 | 7 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 2 | 2 | 2 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 13 | 13 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $49 → $67 | Buy | Maintains | $49 → $67 | +22.71% | Jul 2, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $55 → $65 | Buy | Maintains | $55 → $65 | +19.05% | Jul 1, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $52 → $59 | Strong Buy | Maintains | $52 → $59 | +8.06% | Jun 12, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $56 → $55 | Strong Buy | Maintains | $56 → $55 | +0.73% | May 15, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $45 → $50 | Strong Buy | Maintains | $45 → $50 | -8.42% | May 10, 2024 |
Financial Forecast
Revenue This Year
1.89B
from 1.80B
Increased by 4.91%
Revenue Next Year
1.95B
from 1.89B
Increased by 3.18%
EPS This Year
3.84
from 2.42
Increased by 58.76%
EPS Next Year
4.60
from 3.84
Increased by 19.73%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.0B | 2.1B | 2.1B |
| Avg | 1.9B | 1.9B | 2.0B |
| Low | 1.8B | 1.8B | 1.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.8% | 9.5% | 10.0% |
| Avg | 4.9% | 3.2% | 3.5% |
| Low | -0.3% | -2.6% | -1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.71 | 8.40 | 5.80 |
| Avg | 3.84 | 4.60 | 4.85 |
| Low | 2.79 | 3.15 | 4.29 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 218.5% | 118.6% | 26.0% |
| Avg | 58.8% | 19.7% | 5.4% |
| Low | 15.4% | -18.1% | -6.7% |
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.