Clever Leaves (CLVR) Stock Forecast, Price Target & Predictions


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CLVR Stock Forecast


Clever Leaves stock forecast is as follows: a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.

CLVR Analyst Ratings


Buy

According to 1 Wall Street analysts, Clever Leaves's rating consensus is 'Buy'. The analyst rating breakdown for CLVR stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Nov 10, 2022Cantor FitzgeraldOverweightOverweightHold
Aug 12, 2022Cantor FitzgeraldOverweightOverweightHold
Aug 01, 2022Cantor FitzgeraldOverweightInitialise

Clever Leaves's last stock rating was published by Cantor Fitzgerald on Nov 10, 2022. The company gave CLVR a "Overweight" rating, the same as its previous rate.

Clever Leaves Financial Forecast


Clever Leaves Revenue Forecast

Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Revenue---$4.64M$3.82M-$3.98M$4.61M$3.31M$4.66M$5.22M$4.19M$4.03M$3.67M
Avg Forecast$5.44M$5.16M$4.89M$5.80M$5.20M$5.00M$3.60M$5.90M$5.50M$5.55M$4.38M$4.13M$4.56M$4.05M
High Forecast$5.44M$5.16M$4.89M$6.45M$5.20M$5.00M$3.60M$5.90M$5.50M$5.55M$4.38M$4.13M$4.56M$4.05M
Low Forecast$5.44M$5.16M$4.89M$5.15M$5.20M$5.00M$3.60M$5.90M$5.50M$5.55M$4.38M$4.13M$4.56M$4.05M
# Analysts11111111111111
Surprise %---0.80%0.73%-1.10%0.78%0.60%0.84%1.19%1.02%0.88%0.91%

Clever Leaves's average Quarter revenue forecast for Mar 24 based on 1 analysts is $4.89M, with a low forecast of $4.89M, and a high forecast of $4.89M. CLVR's average Quarter revenue forecast represents a 5.48% increase compared to the company's last Quarter revenue of $4.64M (Dec 23).

Clever Leaves EBITDA Forecast

Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts11111111111111
EBITDA---$-4.48M$-6.98M-$-3.51M$-5.02M$13.17M$-7.31M$-6.94M$-17.87M$1.92M$-7.45M
Avg Forecast$-5.40M$-5.12M$-4.86M$-5.76M$-5.16M$-4.96M$-3.57M$-5.86M$-5.21M$-5.25M$-10.96K$-3.91M$-4.32M$-3.83M
High Forecast$-5.40M$-5.12M$-4.86M$-5.12M$-5.16M$-4.96M$-3.57M$-5.86M$-5.21M$-5.25M$-8.77K$-3.91M$-4.32M$-3.83M
Low Forecast$-5.40M$-5.12M$-4.86M$-6.40M$-5.16M$-4.96M$-3.57M$-5.86M$-5.21M$-5.25M$-13.15K$-3.91M$-4.32M$-3.83M
Surprise %---0.78%1.35%-0.98%0.86%-2.53%1.39%632.85%4.57%-0.44%1.94%

1 analysts predict CLVR's average Quarter EBITDA for Dec 22 to be $-5.86M, with a high of $-5.86M and a low of $-5.86M. This is -144.49% lower than Clever Leaves's previous annual EBITDA (Sep 22) of $13.17M.

Clever Leaves Net Income Forecast

Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts11111111111111
Net Income---$-2.22M$-5.14M-$-4.08M$-28.82M$-20.16M$6.24M$-24.33M$-27.43M$995.00K$-8.96M
Avg Forecast$2.66M$2.32M$2.72M$-3.63M$-3.63M$-4.66M$-7.77M$-7.77M$-8.98M$-11.91M$-11.00K$-32.11M$-20.71M$-18.90M
High Forecast$2.66M$2.32M$2.72M$-3.63M$-3.63M$-4.66M$-7.77M$-7.77M$-8.98M$-11.91M$-8.80K$-32.11M$-20.71M$-18.90M
Low Forecast$2.66M$2.32M$2.72M$-3.63M$-3.63M$-4.66M$-7.77M$-7.77M$-8.98M$-11.91M$-13.21K$-32.11M$-20.71M$-18.90M
Surprise %---0.61%1.42%-0.53%3.71%2.25%-0.52%2211.11%0.85%-0.05%0.47%

Clever Leaves's average Quarter net income forecast for Sep 22 is $-8.98M, with a range of $-8.98M to $-8.98M. CLVR's average Quarter net income forecast represents a -243.83% decrease compared to the company's last Quarter net income of $6.24M (Jun 22).

Clever Leaves SG&A Forecast

Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts11111111111111
SG&A---$4.10M$4.74M-$5.92M$5.28M$6.70M$8.74M$8.99M$9.48M$11.88M$11.41M
Avg Forecast$14.27M$13.53M$12.83M$15.21M$13.63M$13.11M$9.44M$15.47M$14.43M$14.55M$6.13K$10.82M$11.96M$10.62M
High Forecast$14.27M$13.53M$12.83M$16.90M$13.63M$13.11M$9.44M$15.47M$14.43M$14.55M$7.36K$10.82M$11.96M$10.62M
Low Forecast$14.27M$13.53M$12.83M$13.51M$13.63M$13.11M$9.44M$15.47M$14.43M$14.55M$4.91K$10.82M$11.96M$10.62M
Surprise %---0.27%0.35%-0.63%0.34%0.46%0.60%1466.97%0.88%0.99%1.07%

Clever Leaves's average Quarter SG&A projection for Mar 24 is $12.83M, based on 1 Wall Street analysts, with a range of $12.83M to $12.83M. The forecast indicates a 212.70% rise compared to CLVR last annual SG&A of $4.10M (Dec 23).

Clever Leaves EPS Forecast

Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts11111111111111
EPS---$-1.29$-0.00-$-0.09$-0.75$-0.48$0.16$-0.87$-1.06$0.04$-0.35
Avg Forecast$1.54$1.34$1.58$-2.10$-2.10$-2.70$-4.50$-4.50$-5.20$-6.90$-13.20$-18.60$-12.00$-10.95
High Forecast$1.54$1.34$1.58$-2.10$-2.10$-2.70$-4.50$-4.50$-5.20$-6.90$-13.20$-18.60$-12.00$-10.95
Low Forecast$1.54$1.34$1.58$-2.10$-2.10$-2.70$-4.50$-4.50$-5.20$-6.90$-13.20$-18.60$-12.00$-10.95
Surprise %---0.61%0.00%-0.02%0.17%0.09%-0.02%0.07%0.06%-0.00%0.03%

According to 1 Wall Street analysts, Clever Leaves's projected average Quarter EPS for Sep 22 is $-5.20, with a low estimate of $-5.20 and a high estimate of $-5.20. This represents a -3350.00% decrease compared to CLVR previous annual EPS of $0.16 (Jun 22).

CLVR Forecast FAQ


Is Clever Leaves a good buy?

Yes, according to 1 Wall Street analysts, Clever Leaves (CLVR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of CLVR's total ratings.

Did the CLVR's actual financial results beat the analysts' financial forecasts?

Based on Clever Leaves's last annual report (Dec 2023), the company's revenue was $17.42M, which missed the average analysts forecast of $19.6M by -11.14%. Apple's EBITDA was $-16.804M, missing the average prediction of $-19.462M by -13.66%. The company's net income was $-17.899M, missing the average estimation of $-19.679M by -9.04%. Apple's SG&A was $20.03M, missing the average forecast of $51.39M by -61.02%. Lastly, the company's EPS was $-0.0114, missing the average prediction of $-11.4 by -99.90%. In terms of the last quarterly report (Dec 2023), Clever Leaves's revenue was $4.64M, missing the average analysts' forecast of $5.8M by -20.03%. The company's EBITDA was $-4.48M, missing the average prediction of $-5.759M by -22.21%. Clever Leaves's net income was $-2.223M, missing the average estimation of $-3.625M by -38.68%. The company's SG&A was $4.1M, missing the average forecast of $15.21M by -73.03%. Lastly, the company's EPS was $-1.29, missing the average prediction of $-2.1 by -38.57%