Consensus Cloud Solutions (CCSI) Stock Forecast & Price Target

$21.23

-0.13 (-0.61%)

(As of 10:46 AM ET)

Consensus Cloud Solutions - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 4 Analyst Ratings

Based on 4 Wall Street analysts who have issued ratings for Consensus Cloud Solutions in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 4 analysts, 1 has given a sell rating, and 3 have given a buy rating for CCSI.

Consensus Price Target

$24.25
14.23% Upside

High Forecast	$30.00
Average Forecast	$24.25
Low Forecast	$20.00

According to the 4 analysts' twelve-month price targets for Consensus Cloud Solutions, the average price target is $24.25. The highest price target for CCSI is $30.00, while the lowest price target for CCSI is $20.00. The average price target represents a forecasted upside of 14.23% from the current price of $21.23.

Type	Current Forecast 8/23/23 to 8/22/24	1 Month Ago 7/24/23 to 7/23/24	3 Months Ago 5/25/23 to 5/24/24	1 Year Ago 8/23/22 to 8/23/23
Consensus Rating	Moderate Buy	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)
Hold	0 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$24.25	$21.33	$21.33	$44.75
Forecasted Upside	14.23% Upside	10.08% Upside	10.08% Upside	4.39% Upside

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CCSI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CCSI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Consensus Cloud Solutions Stock vs. The Competition

Type	Consensus Cloud Solutions	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.50	2.62	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	13.53% Upside	353.91% Upside	8.75% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/21/2024	BTIG Research 2 of 5 stars	D. Larsen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$30.00	+47.49%
8/9/2024	Oppenheimer 3 of 5 stars		Boost Target	Outperform ➝ Outperform	$20.00 ➝ $23.00	+15.58%
5/10/2024	Wedbush 3 of 5 stars		Reiterated Rating	Outperform ➝ Outperform	$24.00	+32.09%
1/9/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Sell	$25.00 ➝ $20.00	-7.54%
5/15/2023	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$60.00 ➝ $45.00	+35.83%
11/21/2022	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$54.00	-13.21%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 11:24 AM ET.

CCSI Forecast - Frequently Asked Questions

What is Consensus Cloud Solutions' forecast for 2024?: According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Consensus Cloud Solutions is $24.25, with a high forecast of $30.00 and a low forecast of $20.00.
Should I buy or sell Consensus Cloud Solutions stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Consensus Cloud Solutions in the last twelve months. There is currently 1 sell rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CCSI shares.
Does Consensus Cloud Solutions's stock price have much upside?: According to analysts, Consensus Cloud Solutions's stock has a predicted upside of 21.19% based on their 12-month stock forecasts.
Has Consensus Cloud Solutions been upgraded by Wall Street analysts recently?: Over the previous 90 days, Consensus Cloud Solutions's stock had 1 upgrade by analysts.
What analysts cover Consensus Cloud Solutions?: Consensus Cloud Solutions has been rated by research analysts at BTIG Research, and Oppenheimer in the past 90 days.
Do Wall Street analysts like Consensus Cloud Solutions more than its competitors?: Analysts like Consensus Cloud Solutions less than other "computer and technology" companies. The consensus rating score for Consensus Cloud Solutions is 2.50 while the average consensus rating score for "computer and technology" companies is 2.62. Learn more on how CCSI compares to other companies.