Clever Leaves (CLVR) Stock Forecast, Price Target & Predictions
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
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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 10, 2022 | Cantor Fitzgerald | Overweight | Overweight | Hold |
| Aug 12, 2022 | Cantor Fitzgerald | Overweight | Overweight | Hold |
| Aug 01, 2022 | Cantor Fitzgerald | - | Overweight | Initialise |
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 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 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 |
| # Analysts | - | - | - | 1 | - | - | - | - | - | - | - | - | - | - |
| 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 0 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 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | 1 | - | - | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | $-4.48M | $-6.98M | - | $-3.51M | $-5.02M | $13.17M | $-7.31M | $-6.94M | $-17.87M | $1.92M | $-7.45M |
| Avg Forecast | $-5.15M | $-4.88M | $-4.63M | $-5.49M | $-4.92M | $-4.73M | $-3.41M | $-5.58M | $-5.21M | $-5.25M | $-10.96K | $-3.91M | $-4.32M | $-3.83M |
| High Forecast | $-5.15M | $-4.88M | $-4.63M | $-4.88M | $-4.92M | $-4.73M | $-3.41M | $-5.58M | $-5.21M | $-5.25M | $-8.77K | $-3.91M | $-4.32M | $-3.83M |
| Low Forecast | $-5.15M | $-4.88M | $-4.63M | $-6.10M | $-4.92M | $-4.73M | $-3.41M | $-5.58M | $-5.21M | $-5.25M | $-13.15K | $-3.91M | $-4.32M | $-3.83M |
| Surprise % | - | - | - | 0.82% | 1.42% | - | 1.03% | 0.90% | -2.53% | 1.39% | 632.85% | 4.57% | -0.44% | 1.94% |
0 analysts predict CLVR's average Quarter EBITDA for Dec 22 to be $-5.58M, with a high of $-5.58M and a low of $-5.58M. This is -142.40% lower than Clever Leaves's previous annual EBITDA (Sep 22) of $13.17M.
Clever Leaves Net Income Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | 1 | - | - | - | - | - | - | - | - | - | - |
| 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 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | 1 | - | - | - | - | - | - | - | - | - | - |
| 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 0 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 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | 1 | - | - | - | - | - | - | - | - | - | - |
| 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 0 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).
Clever Leaves Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| FLGC | Flora Growth | $1.16 | $173.50 | 14856.90% | Hold |
| CLVR | Clever Leaves | - | $4.30 | - | Buy |
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 $-18.549M by -9.41%. 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 $-5.489M by -18.38%. 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%