CASA SYSTEMS INC (CASA) Forecast, Price Target & Analyst Ratings

NASDAQ:CASA • US14713L1026

Current stock price

0.035 USD
-0.02 (-36.36%)
At close:
0.0325 USD
0 (-7.14%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CASA SYSTEMS INC (CASA).

Forecast Snapshot

Consensus Price Target

Price Target
$1.28
+ 3,542.86% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 1, 2024
Period
Q4 / 2023
EPS Estimate
-$0.12
Revenue Estimate
50.592M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
82.86%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$1.28
Upside
+ 3,542.86%
From current price of $0.04 to mean target of $1.28, Based on 7 analyst forecasts
Low
$1.26
Median
$1.28
High
$1.31

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

7 Wall Street analysts provided a forecast for the next 12 months for CASA. The average price target is 1.27 USD. This implies a price increase of 3542.86% is expected in the next year compared to the current price of 0.035.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

CASA Current Analyst RatingCASA Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

CASA Historical Analyst RatingsCASA Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8

Analyst Ratings Consensus

ChartMill Buy Consensus
82.86%
CASA was analyzed by 7 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about CASA.
In the previous month the buy percentage consensus was at a similar level.
CASA was analyzed by 7 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-03-16BarclaysMaintains Equal-Weight
2023-01-17Northland Capital MarketsUpgrade Market Perform -> Outperform
2022-11-04BarclaysDowngrade Overweight -> Equal-Weight
2022-08-08BarclaysMaintains Overweight
2022-08-08Northland Capital MarketsDowngrade Outperform -> Market Perform
2022-04-19BarclaysMaintains Overweight
2022-04-19Northland Capital MarketsUpgrade Market Perform -> Outperform
2022-01-21MacquarieInitiate Outperform
2021-11-22Morgan StanleyMaintains Equal-Weight
2021-11-22Northland Capital MarketsDowngrade Outperform -> Market Perform
2021-11-04BarclaysMaintains Overweight
2021-07-06Morgan StanleyMaintains Equal-Weight
2021-05-12Raymond JamesUpgrade Underperform -> Market Perform
2021-03-03JP MorganUpgrade Underweight -> Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 1, 2024
Period
Q4 / 2023
EPS Estimate
-$0.12
Revenue Estimate
50.592M
Revenue Q2Q
-40.06%
EPS Q2Q
-344.80%
Number of Analysts
3

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%

Next Earnings Summary

CASA is expected to report earnings on 5/1/2024. The consensus EPS estimate for the next earnings is -0.12 USD and the consensus revenue estimate is 50.59M USD.
The next earnings revenue estimate has been revised downward by 0% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024
Revenue
YoY % growth
CASA revenue by date.CASA revenue by date.
393.2M
39.28%		401.3M
2.06%		286.5M
-28.61%		219.3M
-23.46%		214.2M
-2.33%
EBITDA
YoY % growth
CASA ebitda by date.CASA ebitda by date.
42.2M
363.74%		34M
-19.43%		-42.3M
-224.41%		-41.616M
1.62%
100.00%
EBIT
YoY % growth
CASA ebit by date.CASA ebit by date.
24.2M
532.14%		18.3M
-24.38%		-55.7M
-404.37%		-2.652M
95.24%		8.364M
415.38%
Operating Margin
CASA operating margin by date.CASA operating margin by date.
6.15%4.56%-19.44%-1.21%3.90%
EPS
YoY % growth
CASA eps by date.CASA eps by date.
0.29
480.00%		0.14
-51.72%		-0.74
-628.57%		-0.86
-15.78%		-0.20
76.19%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth		-0.12
-344.80%		-0.08
68.62%		-0.07
72.54%		-0.03
84.70%		-0.01
91.67%
Revenue
Q2Q % growth		50.592M
-40.06%		45.9M
1.32%		51M
-12.07%		56.1M
-9.66%		61.2M
20.97%
EBITDA
Q2Q % growth		-8.262M
-172.47%		-4.284M
82.30%		-2.55M
77.63%		2.04M
139.23%		4.794M
158.02%
EBIT
Q2Q % growth		22.95M
1,247.50%		-3.407M
87.43%		255K
101.49%		3.641M
126.58%		7.222M
-68.53%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

CASA Yearly Revenue VS EstimatesCASA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
CASA Yearly EPS VS EstimatesCASA Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 0 0.5 -0.5 1

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

CASA SYSTEMS INC / CASA Forecast FAQ

Can you provide the average price target for CASA SYSTEMS INC stock?

7 analysts have analysed CASA and the average price target is 1.27 USD. This implies a price increase of 3542.86% is expected in the next year compared to the current price of 0.035.

Can you provide the upcoming earnings date for CASA SYSTEMS INC?

CASA SYSTEMS INC (CASA) will report earnings on 2024-05-01, after the market close.

Can you provide the consensus estimates for CASA SYSTEMS INC next earnings?

The consensus EPS estimate for the next earnings of CASA SYSTEMS INC (CASA) is -0.12 USD and the consensus revenue estimate is 50.59M USD.