What is the price target for CVT stock?
12 analysts have analysed CVT and the average price target is 8.67 USD. This implies a price increase of 1.76% is expected in the next year compared to the current price of 8.52.
CVENT HOLDING CORP (CVT) Forecast, Price Target & Analyst Ratings
NASDAQ:CVT • US1266771039
Current stock price
8.52 USD
+0.02 (+0.24%)
At close:
8.52 USD
0 (0%)
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 CVENT HOLDING CORP (CVT).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- N/A
- Period
- Q2 / 2023
- EPS Estimate
- $0.05
- Revenue Estimate
- 182.91M
Price Target Details & History
Consensus Price Target and Range
Mean target
$8.67
Upside
+ 1.76%
From current price of $8.52 to mean target of $8.67, Based on 12 analyst forecasts
Low
$8.59
Median
$8.67
High
$8.93
Price Target Revisions
1 Month
0.00%
3 Months
6.25%
Price Target Summary
12 Wall Street analysts provided a forecast for the next 12 months for CVT. The average price target is 8.67 USD. This implies a price increase of 1.76% is expected in the next year compared to the current price of 8.52.
The average price target has been revised upward by 6.25% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
50.00%
CVT was analyzed by 12 analysts. The buy percentage consensus is at 50. So analysts seem to be rather neutral about CVT.
In the previous month the buy percentage consensus was at a similar level.
CVT was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-04-17 | Citigroup | Maintains | Neutral |
| 2023-03-14 | Needham | Downgrade | Buy -> Hold |
| 2023-02-01 | Needham | Maintains | Buy |
| 2022-06-17 | Morgan Stanley | Initiate | Equal-Weight |
| 2022-02-09 | JP Morgan | Initiate | Neutral |
| 2022-01-10 | William Blair | Initiate | Outperform |
| 2022-01-10 | Needham | Initiate | Buy |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- N/A
- Period
- Q2 / 2023
- EPS Estimate
- $0.05
- Revenue Estimate
- 182.91M
- Revenue Q2Q
- 13.64%
- EPS Q2Q
- 66.65%
- Number of Analysts
- 6
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
-1.64%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%
Next Earnings Summary
The next earnings revenue estimate has been revised downward by 1.64% 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 | 498.7M -12.14% | 518.811M 4.03% | 630.558M 21.54% | 745.1M 18.17% | 876.27M 17.60% | 1.039B 18.57% | |
| EBITDA YoY % growth | 99.511M 32.43% | 79.783M -19.82% | 46.085M -42.24% | 136.36M 195.89% | 187.65M 37.61% | 301.18M 60.50% | |
| EBIT YoY % growth | -28.212M 38.36% | -44.564M -57.96% | -76.056M -70.67% | 106.69M 240.28% | 154.68M 44.98% | 239.33M 54.73% | |
| Operating Margin | -5.66% | -8.59% | -12.06% | 14.32% | 17.65% | 23.03% | |
| EPS YoY % growth | N/A | N/A | 0.18 26.76% | 0.20 8.58% | 0.27 38.37% | 0.45 65.08% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q2 / 23 | Q3 / 23 | Q4 / 23 | Q1 / 24 | Q2 / 24 | Q3 / 24 | Q4 / 24 | |
|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.05 66.65% | 0.06 0.16% | 0.06 -13.43% | 0.05 -18.87% | 0.06 19.19% | 0.07 18.49% | 0.08 38.33% |
| Revenue Q2Q % growth | 182.91M 13.64% | 192.3M 19.20% | 203.72M 19.19% | 193.38M 16.35% | 214M 17.00% | 225.11M 17.06% | 243.15M 19.35% |
| EBITDA Q2Q % growth | 33.835M -6.77% | 35.552M -52.95% | 38.683M -66.03% | 38.173M 936.75% | 43.551M 28.72% | 48.28M 35.80% | 56.203M 45.29% |
| EBIT Q2Q % growth | 33.835M 236.93% | 35.552M 327.23% | 38.683M 568.71% | -20.301M 24.53% | -19.998M -159.10% | -15.352M -143.18% | -7.575M -119.58% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
35.36%
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
17.80%
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
52.39%
EBIT Next 5 Year
N/A
CVENT HOLDING CORP / CVT Forecast FAQ
What are the consensus estimates for CVT stock next earnings?
The consensus EPS estimate for the next earnings of CVENT HOLDING CORP (CVT) is 0.05 USD and the consensus revenue estimate is 182.91M USD.
How many analysts have analysed CVENT HOLDING CORP (CVT)?
The number of analysts covering CVENT HOLDING CORP (CVT) is 12.