CYXTERA TECHNOLOGIES INC (CYXT) Forecast, Price Target & Analyst Ratings

NASDAQ:CYXTUS23284C1027

Current stock price

0.065 USD
+0.02 (+55.5%)
At close:
0.0595 USD
-0.01 (-8.46%)
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 CYXTERA TECHNOLOGIES INC (CYXT).

Forecast Snapshot

Consensus Price Target

Price Target
$1.34
+ 1,959.62% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
Aug 9, 2023
Period
Q2 / 2023
EPS Estimate
-$0.32
Revenue Estimate
198.24M

ChartMill Buy Consensus

Rating
74.55%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$1.34
Upside
+ 1,959.62%
From current price of $0.07 to mean target of $1.34, Based on 11 analyst forecasts
Low
$0.25
Median
$1.02
High
$3.15

Price Target Revisions

1 Month
-53.95%
3 Months
-73.75%

Price Target Summary

11 Wall Street analysts provided a forecast for the next 12 months for CYXT. The average price target is 1.34 USD. This implies a price increase of 1959.62% is expected in the next year compared to the current price of 0.065.
The average price target has been revised downward by 73.75% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

CYXT Current Analyst RatingCYXT Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

CYXT Historical Analyst RatingsCYXT Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -18 -16 -14 -12 -10 -8 -6 -4 -2 0 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
74.55%
CYXT was analyzed by 11 analysts. The buy percentage consensus is at 75. So analysts seem to be have mildly positive about CYXT.
In the previous month the buy percentage consensus was at a similar level.
CYXT was analyzed by 11 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-03-22Raymond JamesDowngrade Outperform -> Market Perform
2023-03-20TD CowenDowngrade Outperform -> Market Perform
2023-03-17Credit SuisseMaintains Outperform
2023-02-07Credit SuisseMaintains Outperform
2022-12-22Truist SecuritiesMaintains Buy
2022-12-14Exane BNP ParibasInitiate Underperform
2022-12-01CitigroupMaintains Buy
2022-11-09UBSMaintains Neutral
2022-11-09Raymond JamesMaintains Outperform
2022-09-20Truist SecuritiesMaintains Buy
2022-08-24CitigroupUpgrade Neutral -> Buy
2022-06-08Truist SecuritiesMaintains Buy
2022-06-06RBC CapitalMaintains Outperform
2022-04-07Credit SuisseInitiate Outperform
2022-01-03UBSInitiate Neutral
2021-12-16RBC CapitalInitiate Outperform
2021-12-10Truist SecuritiesInitiate Buy
2021-12-02CitigroupMaintains Neutral
2021-11-18Raymond JamesInitiate Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Aug 9, 2023
Period
Q2 / 2023
EPS Estimate
-$0.32
Revenue Estimate
198.24M
Revenue Q2Q
7.68%
EPS Q2Q
-17.11%
Number of Analysts
5

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-0.38%
EPS (1 Month)
0.00%
EPS (3 Months)
-44.86%

Next Earnings Summary

CYXT is expected to report earnings on 8/9/2023. The consensus EPS estimate for the next earnings is -0.32 USD and the consensus revenue estimate is 198.24M USD.
The next earnings revenue estimate has been revised downward by 0.38% 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 2026 2027 2028
Revenue
YoY % growth
CYXT revenue by date.CYXT revenue by date.
690.5M
1.75%
703.7M
1.91%
746M
6.01%
796.9M
6.82%
833.28M
4.57%
881.14M
5.74%
922.24M
4.66%
951.44M
3.17%
975.07M
2.48%
EBITDA
YoY % growth
CYXT ebitda by date.CYXT ebitda by date.
282.2M
20,257.14%
195.2M
-30.83%
199.7M
2.31%
256.64M
28.51%
283.56M
10.49%
313.88M
10.69%
378.15M
20.48%
411.92M
8.93%
430.19M
4.44%
EBIT
YoY % growth
CYXT ebit by date.CYXT ebit by date.
50.4M
122.78%
-45.4M
-190.08%
-43.3M
4.63%
-348.796M
-705.53%
-238.261M
31.69%
-346.362M
-45.37%
73.429M
121.20%
103.65M
41.16%
118.53M
14.36%
Operating Margin
CYXT operating margin by date.CYXT operating margin by date.
7.30%-6.45%-5.80%-43.77%-28.59%-39.31%7.96%10.89%12.16%
EPS
YoY % growth
CYXT eps by date.CYXT eps by date.
N/AN/A-1.13
24.73%
-1.04
8.38%
-0.91
11.82%
-0.77
15.64%
N/AN/AN/A

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 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25
EPS
Q2Q % growth
-0.32
-17.11%
-0.33
-5.29%
-0.32
1.19%
-0.27
-2.00%
-0.27
16.13%
-0.26
21.88%
-0.26
19.35%
-0.87
-229.62%
-0.89
-235.38%
-0.89
-248.80%
-0.90
-253.60%
Revenue
Q2Q % growth
198.24M
7.68%
197.64M
5.92%
200.41M
3.84%
207.71M
5.60%
210.58M
6.22%
213.47M
8.01%
214.41M
6.99%
215.51M
3.76%
217.74M
3.40%
220.13M
3.12%
222.69M
3.86%
EBITDA
Q2Q % growth
62.952M
-44.44%
63.85M
-62.77%
64.807M
-71.86%
69.091M
36.01%
70.156M
11.44%
71.229M
11.56%
72.859M
12.42%
N/AN/AN/AN/A
EBIT
Q2Q % growth
-11.603M
-18.39%
-14.36M
-23.79%
-10.601M
16.53%
-2.016M
78.09%
-1.208M
89.59%
-392.7K
97.27%
-970.02K
90.85%
N/AN/AN/AN/A

All data in USD

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

CYXT Yearly Revenue VS EstimatesCYXT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M 800M
CYXT Yearly EPS VS EstimatesCYXT Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 -0.5 -1 -1.5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
9.65%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
5.10%
Revenue Next 5 Year
4.62%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
107.59%
EBIT Next 5 Year
61.88%

CYXTERA TECHNOLOGIES INC / CYXT Forecast FAQ

What is the average price target for CYXTERA TECHNOLOGIES INC (CYXT) stock?

11 analysts have analysed CYXT and the average price target is 1.34 USD. This implies a price increase of 1959.62% is expected in the next year compared to the current price of 0.065.

When does CYXTERA TECHNOLOGIES INC (CYXT) report earnings?

CYXTERA TECHNOLOGIES INC (CYXT) will report earnings on 2023-08-09, before the market open.

What are the consensus estimates for CYXTERA TECHNOLOGIES INC (CYXT) next earnings?

The consensus EPS estimate for the next earnings of CYXTERA TECHNOLOGIES INC (CYXT) is -0.32 USD and the consensus revenue estimate is 198.24M USD.

How many analysts have analysed CYXTERA TECHNOLOGIES INC (CYXT)?

The number of analysts covering CYXTERA TECHNOLOGIES INC (CYXT) is 11.