CHARGE ENTERPRISES INC (CRGE) Forecast, Price Target & Analyst Ratings

NASDAQ:CRGEUS1596101048

Current stock price

0.0288 USD
-0.03 (-52%)
At close:
0.0278 USD
0 (-3.47%)
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 CHARGE ENTERPRISES INC (CRGE).

Forecast Snapshot

Consensus Price Target

Price Target
$3.83
+ 13,181.25% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
Mar 26, 2024
Period
Q4 / 2023
EPS Estimate
-$0.04
Revenue Estimate
136.75M

ChartMill Buy Consensus

Rating
43.33%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$3.83
Upside
+ 13,181.25%
From current price of $0.03 to mean target of $3.83, Based on 6 analyst forecasts
Low
$3.03
Median
$3.83
High
$4.73

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

6 Wall Street analysts provided a forecast for the next 12 months for CRGE. The average price target is 3.83 USD. This implies a price increase of 13181.25% is expected in the next year compared to the current price of 0.0288.

Analyst Ratings & History

Current Analyst Ratings

CRGE Current Analyst RatingCRGE Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0.5 1 1.5 2 2.5

Analyst Ratings History

CRGE Historical Analyst RatingsCRGE 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

Analyst Ratings Consensus

ChartMill Buy Consensus
43.33%
CRGE was analyzed by 6 analysts. The buy percentage consensus is at 43. So analysts seem to be rather negative about CRGE.
In the previous month the buy percentage consensus was at a similar level.
CRGE was analyzed by 6 analysts. More opinions would make the average more meaningful.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-11-24Maxim GroupDowngrade Buy -> Hold
2023-08-17HC Wainwright & Co.Reiterate Buy -> Buy
2023-08-15HC Wainwright & Co.Reiterate Buy -> Buy
2023-05-11HC Wainwright & Co.Reiterate Buy -> Buy
2022-10-14HC Wainwright & Co.Initiate Buy
2022-05-23Maxim GroupInitiate Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Mar 26, 2024
Period
Q4 / 2023
EPS Estimate
-$0.04
Revenue Estimate
136.75M
Revenue Q2Q
-18.60%
EPS Q2Q
54.67%
Number of Analysts
3

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
4.92%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%

Next Earnings Summary

CRGE is expected to report earnings on 3/26/2024. The consensus EPS estimate for the next earnings is -0.04 USD and the consensus revenue estimate is 136.75M USD.
The next earnings revenue estimate has been revised upward by 4.92% in the past 3 months.

Full Analyst Estimates

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

2020 2021 2022 2023 2024 2025
Revenue
YoY % growth
CRGE revenue by date.CRGE revenue by date.
84.7M477M
463.16%
697.8M
46.29%
619.63M
-11.20%
649.49M
4.82%
681.08M
4.86%
EBITDA
YoY % growth
CRGE ebitda by date.CRGE ebitda by date.
-4.72M
-2,260.00%
-37.77M
-700.21%
-41.63M
-10.22%
-7.242M
82.60%
-102K
98.59%
2.652M
2,700.00%
EBIT
YoY % growth
CRGE ebit by date.CRGE ebit by date.
-4.8M
-2,300.00%
-38.3M
-697.92%
-48M
-25.33%
-32.399M
32.50%
-12.444M
61.59%
-10.777M
13.39%
Operating Margin
CRGE operating margin by date.CRGE operating margin by date.
-5.67%-8.03%-6.88%-5.23%-1.92%-1.58%
EPS
YoY % growth
CRGE eps by date.CRGE eps by date.
N/AN/AN/A-0.18
48.57%
-0.08
55.56%
-0.14
-75.00%

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
-0.04
54.67%
-0.04
18.40%
-0.04
-2.00%
-0.03
38.80%
-0.03
25.00%
Revenue
Q2Q % growth
136.75M
-18.60%
125.87M
-34.95%
122.2M
-17.21%
131.58M
-0.53%
138.52M
1.29%
EBITDA
Q2Q % growth
-1.734M
72.61%
204K
102.43%
-408K
93.19%
306K
110.98%
714K
141.18%
EBIT
Q2Q % growth
-7.45M
41.34%
-6.018M
37.31%
-7.14M
15.00%
-6.426M
-1.02%
-5.712M
23.33%

All data in USD

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

CRGE Yearly Revenue VS EstimatesCRGE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 200M 400M 600M
CRGE Yearly EPS VS EstimatesCRGE Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 -0.1 -0.2 -0.3

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
16.96%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
-2.49%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
27.17%
EBIT Next 5 Year
N/A

CHARGE ENTERPRISES INC / CRGE Forecast FAQ

What is the price target for CRGE stock?

6 analysts have analysed CRGE and the average price target is 3.83 USD. This implies a price increase of 13181.25% is expected in the next year compared to the current price of 0.0288.

What is the next earnings date for CRGE stock?

CHARGE ENTERPRISES INC (CRGE) will report earnings on 2024-03-26, after the market close.

What are the consensus estimates for CHARGE ENTERPRISES INC (CRGE) next earnings?

The consensus EPS estimate for the next earnings of CHARGE ENTERPRISES INC (CRGE) is -0.04 USD and the consensus revenue estimate is 136.75M USD.

Can you provide the expected long term growth rate for CHARGE ENTERPRISES INC stock?

The expected long term growth rate for CHARGE ENTERPRISES INC (CRGE) is -2.49%.