MCLOUD TECHNOLOGIES CORP (MCLD.CA) Forecast, Price Target & Analyst Ratings

TSX-V:MCLDCA5822706092

Current stock price

0.76 CAD
-0.02 (-2.56%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for MCLOUD TECHNOLOGIES CORP (MCLD.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$3.06
+ 302.63% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
N/A
Period
Q1 / 2023
EPS Estimate
-CA$0.76
Revenue Estimate
3.788M

ChartMill Buy Consensus

Rating
76.67%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$3.06
Upside
+ 302.63%
From current price of CA$0.76 to mean target of CA$3.06, Based on 6 analyst forecasts
Low
CA$3.03
Median
CA$3.06
High
CA$3.15

Price Target Revisions

1 Month
0.00%
3 Months
20.00%

Price Target Summary

6 Wall Street analysts provided a forecast for the next 12 months for MCLD.CA. The average price target is 3.06 CAD. This implies a price increase of 302.63% is expected in the next year compared to the current price of 0.76.
The average price target has been revised upward by 20% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

MCLD Current Analyst RatingMCLD 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

MCLD Historical Analyst RatingsMCLD 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
76.67%
MCLD.CA was analyzed by 6 analysts. The buy percentage consensus is at 77. So analysts seem to be have mildly positive about MCLD.CA.
In the previous month the buy percentage consensus was at a similar level.
MCLD.CA was analyzed by 6 analysts. More opinions would make the average more meaningful.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-11-28STA ResearchDowngrade Speculative Buy
2022-11-28Maxim GroupDowngrade Buy
2022-11-17ATB CapitalDowngrade
2022-05-25Maxim GroupDowngrade Buy
2022-04-05Alliance Global PartnersInitiate Buy
2022-02-17Maxim GroupInitiate Buy
2021-12-13ATBCapitalInitiate Speculative Buy
2021-08-18Alliance Global PartnersInitiate Buy
2021-05-27Alliance Global PartnersDowngrade
2021-05-26Raymond James FinancialInitiate Outperform
2021-03-25Raymond James FinancialInitiate Outperform
2021-02-18Raymond James FinancialMaintains Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
N/A
Period
Q1 / 2023
EPS Estimate
-CA$0.76
Revenue Estimate
3.788M
Revenue Q2Q
-14.48%
EPS Q2Q
0.33%
Number of Analysts
2

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

Full Analyst Estimates 2022 - 2024

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

2019 2020 2021 2022 2023 2024
Revenue
YoY % growth
MCLD.CA revenue by date.MCLD.CA revenue by date.
18.34M
922.04%
26.928M
46.83%
25.597M
-4.94%
14.443M
-43.58%
27.775M
92.31%
42.42M
52.73%
EBITDA
YoY % growth
MCLD.CA ebitda by date.MCLD.CA ebitda by date.
-12.336M
-14.74%
-22.936M
-85.92%
-29.827M
-30.05%
-41.158M
-37.99%
-22.675M
44.91%
-15.756M
30.51%
EBIT
YoY % growth
MCLD.CA ebit by date.MCLD.CA ebit by date.
-16.38M
-45.35%
-29.714M
-81.40%
-38.752M
-30.42%
-51.207M
-32.14%
-32.522M
36.49%
-27.624M
15.06%
Operating Margin
MCLD.CA operating margin by date.MCLD.CA operating margin by date.
-89.31%-110.34%-151.39%-354.55%-117.09%-65.12%
EPS
YoY % growth
MCLD.CA eps by date.MCLD.CA eps by date.
-7.50
-38.89%
N/A
32.53%
-3.25
35.77%
-2.79
14.23%
-2.63
5.80%
-2.06
21.54%

All data in CAD

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

Q1 / 23 Q2 / 23 Q3 / 23 Q4 / 23
EPS
Q2Q % growth
-0.76
0.33%
-0.71
-8.77%
-0.63
-15.96%
-0.54
Revenue
Q2Q % growth
3.788M
-14.48%
4.04M
78.05%
6.06M
108.53%
8.585M
EBITDA
Q2Q % growth
-7.777M
22.94%
-7.474M
27.48%
-6.161M
2.38%
-4.747M
EBIT
Q2Q % growth
-10.302M
14.40%
-9.999M
28.96%
-8.686M
32.99%
-7.272M

All data in CAD

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

MCLD.CA Yearly Revenue VS EstimatesMCLD.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
MCLD.CA Yearly EPS VS EstimatesMCLD.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 -2 -4 -6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
10.96%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
10.99%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
13.60%
EBIT Next 5 Year
N/A

MCLOUD TECHNOLOGIES CORP / MCLD.CA Forecast FAQ

What do analysts expect the price target to be for MCLOUD TECHNOLOGIES CORP (MCLD.CA)?

6 analysts have analysed MCLD.CA and the average price target is 3.06 CAD. This implies a price increase of 302.63% is expected in the next year compared to the current price of 0.76.

Can you provide the consensus estimates for MCLOUD TECHNOLOGIES CORP next earnings?

The consensus EPS estimate for the next earnings of MCLOUD TECHNOLOGIES CORP (MCLD.CA) is -0.76 CAD and the consensus revenue estimate is 3.79M CAD.

Can you provide the consensus rating for MCLOUD TECHNOLOGIES CORP stock?

The consensus rating for MCLOUD TECHNOLOGIES CORP (MCLD.CA) is 76.6667 / 100 . This indicates that analysts generally have a positive outlook on the stock.