Comtech Telecommunications (CMTL) Stock Forecast, Price Target & Predictions
CMTL Stock Forecast
Comtech Telecommunications stock forecast is as follows: an average price target of $9.00 (represents a 117.39% upside from CMTL’s last price of $4.14) and a rating consensus of 'Hold', based on 2 wall street analysts offering a 1-year stock forecast.
CMTL Price Target
The average price target for Comtech Telecommunications (CMTL) is $9.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $14.50 to $3.50. This represents a potential 117.39% upside from CMTL's last price of $4.14.
CMTL Analyst Ratings
According to 2 Wall Street analysts, Comtech Telecommunications's rating consensus is 'Hold'. The analyst rating breakdown for CMTL stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 2 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Comtech Telecommunications Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 25, 2024 | George Notter | Jefferies | $3.50 | $3.35 | 4.48% | -15.46% |
| Dec 12, 2022 | Citigroup | $14.50 | $13.37 | 8.45% | 250.24% |
The latest Comtech Telecommunications stock forecast, released on Jun 25, 2024 by George Notter from Jefferies, set a price target of $3.50, which represents a 4.48% increase from the stock price at the time of the forecast ($3.35), and a -15.46% decrease from CMTL last price ($4.14).
Comtech Telecommunications Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $3.50 |
| Last Closing Price | $4.14 | $4.14 | $4.14 |
| Upside/Downside | -100.00% | -100.00% | -15.46% |
In the current month, the average price target of Comtech Telecommunications stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Comtech Telecommunications's last price of $4.14. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 25, 2024 | Jefferies | Hold | Upgrade | |
| Dec 12, 2022 | Citigroup | Neutral | Neutral | Hold |
Comtech Telecommunications's last stock rating was published by Jefferies on Jun 25, 2024. The company Upgrade its CMTL rating from "null" to "Hold".
Comtech Telecommunications Financial Forecast
Comtech Telecommunications Revenue Forecast
| Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | $134.22M | $151.91T | $148.81M | - | $133.72M | $131.14M | $126.98M | $122.12M | $116.76M | $145.81M | $139.38M | $161.29M | $135.22M | $149.67M | $135.12M | $161.65M | $170.27M | $176.37M | $170.45M | $164.13M |
| Avg Forecast | $147.80M | $144.10M | $142.70M | $139.90M | $141.99M | $137.91M | $129.53M | $125.53M | $126.85M | $136.43M | $154.17M | $151.87M | $140.13M | $135.99M | $133.30M | $128.64M | $122.69M | $122.44M | $125.14M | $115.54M | $149.66M | $140.39M | $137.88M | $124.91M | $142.39M | $148.83M | $170.14M | $167.56M | $164.80M | $162.30M |
| High Forecast | $149.37M | $145.63M | $144.21M | $141.38M | $143.49M | $139.37M | $130.89M | $126.99M | $127.79M | $137.87M | $154.17M | $152.50M | $141.62M | $137.43M | $134.71M | $128.64M | $122.69M | $122.44M | $125.14M | $115.54M | $149.66M | $140.39M | $137.88M | $124.91M | $142.39M | $148.83M | $170.14M | $167.56M | $164.80M | $162.30M |
| Low Forecast | $144.92M | $141.29M | $139.92M | $137.17M | $139.22M | $135.21M | $127.00M | $124.00M | $125.91M | $133.76M | $154.17M | $151.00M | $137.40M | $133.33M | $130.70M | $128.64M | $122.69M | $122.44M | $125.14M | $115.54M | $149.66M | $140.39M | $137.88M | $124.91M | $142.39M | $148.83M | $170.14M | $167.56M | $164.80M | $162.30M |
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 13 | 9 | 9 | 14 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.87% | 1000291.92% | 1.06% | - | 1.00% | 1.02% | 1.03% | 1.00% | 0.93% | 1.26% | 0.93% | 1.15% | 0.98% | 1.20% | 0.95% | 1.09% | 1.00% | 1.05% | 1.03% | 1.01% |
Comtech Telecommunications's average Quarter revenue forecast for May 24 based on 2 analysts is $136.43M, with a low forecast of $133.76M, and a high forecast of $137.87M. CMTL's average Quarter revenue forecast represents a 1.64% increase compared to the company's last Quarter revenue of $134.22M (Jan 24).
Comtech Telecommunications EBITDA Forecast
| Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 13 | 9 | 9 | 14 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | $8.98M | $2.09T | $9.65M | - | $7.54M | $7.77M | $3.71M | $7.71M | $1.38M | $17.25M | $9.93M | $12.72M | $-77.60M | $11.19M | $5.03M | $14.18M | $17.19M | $18.91M | $18.77M | $19.60M |
| Avg Forecast | $-1.12M | $-1.09M | $-1.08M | $-1.06M | $-1.08M | $-1.04M | $-980.67K | $-950.39K | $-960.42K | $-35.39M | $-1.17M | $-1.15M | $-1.06M | $-32.17M | $1.20M | $9.14M | $8.72M | $-29.25M | $8.89M | $8.21M | $10.64M | $34.34M | $9.80M | $8.88M | $10.12M | $19.73M | $12.09M | $11.91M | $11.71M | $21.56M |
| High Forecast | $-1.10M | $-1.07M | $-1.06M | $-1.04M | $-1.05M | $-1.02M | $-961.52K | $-938.81K | $-953.32K | $-28.31M | $-1.17M | $-1.14M | $-1.04M | $-25.74M | $1.44M | $9.14M | $8.72M | $-23.40M | $8.89M | $8.21M | $10.64M | $41.21M | $9.80M | $8.88M | $10.12M | $23.68M | $12.09M | $11.91M | $11.71M | $25.87M |
| Low Forecast | $-1.13M | $-1.10M | $-1.09M | $-1.07M | $-1.09M | $-1.06M | $-991.05K | $-961.52K | $-967.52K | $-42.46M | $-1.17M | $-1.15M | $-1.07M | $-38.60M | $957.81K | $9.14M | $8.72M | $-35.09M | $8.89M | $8.21M | $10.64M | $27.48M | $9.80M | $8.88M | $10.12M | $15.79M | $12.09M | $11.91M | $11.71M | $17.25M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | -7.69% | -1814179.65% | -9.09% | - | 6.29% | 0.85% | 0.43% | -0.26% | 0.16% | 2.10% | 0.93% | 0.37% | -7.92% | 1.26% | 0.50% | 0.72% | 1.42% | 1.59% | 1.60% | 0.91% |
2 analysts predict CMTL's average Quarter EBITDA for May 24 to be $-35.39M, with a high of $-28.31M and a low of $-42.46M. This is -494.16% lower than Comtech Telecommunications's previous annual EBITDA (Jan 24) of $8.98M.
Comtech Telecommunications Net Income Forecast
| Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 13 | 9 | 9 | 14 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | $-10.56M | $-3.26T | $-3.54M | - | $-4.80M | $-11.10M | $-5.17M | $-25.00K | $-5.98M | $7.36M | $792.00K | $4.21M | $-85.84M | $1.13M | $-3.99M | $3.50M | $6.39M | $6.39M | $6.13M | $7.61M |
| Avg Forecast | $5.20M | $4.05M | $3.36M | $3.16M | $-1.66M | $-3.95M | $-6.74M | $-10.02M | $-5.03M | $-44.21M | $-4.60M | $3.30M | $-8.33M | $-40.20M | $-5.20M | $-3.49M | $-2.04M | $-36.54M | $-1.24M | $-6.09M | $7.05M | $11.35M | $3.49M | $-51.23M | $-3.85M | $4.86M | $5.90M | $4.14M | $2.94M | $8.61M |
| High Forecast | $5.28M | $4.11M | $3.41M | $3.20M | $-1.62M | $-3.85M | $1.55M | $500.84K | $-4.90M | $-35.37M | $-4.48M | $3.81M | $-8.12M | $-32.16M | $-4.16M | $-3.49M | $-2.04M | $-29.23M | $-1.24M | $-6.09M | $7.05M | $13.62M | $3.49M | $-51.23M | $-3.85M | $5.84M | $5.90M | $4.14M | $2.94M | $10.33M |
| Low Forecast | $5.07M | $3.95M | $3.27M | $3.08M | $-1.69M | $-4.00M | $-13.99M | $-18.03M | $-5.10M | $-53.06M | $-4.66M | $2.80M | $-8.45M | $-48.23M | $-6.23M | $-3.49M | $-2.04M | $-43.85M | $-1.24M | $-6.09M | $7.05M | $9.08M | $3.49M | $-51.23M | $-3.85M | $3.89M | $5.90M | $4.14M | $2.94M | $6.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 2.30% | -986601.89% | 0.42% | - | 0.92% | 3.18% | 2.53% | 0.00% | 4.84% | -1.21% | 0.11% | 0.37% | -24.57% | -0.02% | 1.04% | 0.72% | 1.08% | 1.54% | 2.08% | 0.88% |
Comtech Telecommunications's average Quarter net income forecast for Jan 22 is $-1.24M, with a range of $-1.24M to $-1.24M. CMTL's average Quarter net income forecast represents a -116.81% decrease compared to the company's last Quarter net income of $7.36M (Oct 21).
Comtech Telecommunications SG&A Forecast
| Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 13 | 9 | 9 | 14 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | $30.31M | $32.70T | $30.35M | - | $28.91M | $29.34M | $29.16M | $27.63M | $28.24M | $27.80M | $27.00M | $29.46M | $27.54M | $23.59M | $32.31M | $29.37M | $31.85M | $31.40M | $33.41M | $31.99M |
| Avg Forecast | $30.78M | $30.01M | $29.72M | $29.14M | $29.57M | $28.72M | $26.98M | $26.14M | $26.42M | $56.10M | $32.11M | $31.63M | $29.19M | $51.00M | $24.52M | $26.45M | $25.23M | $46.37M | $25.73M | $23.76M | $30.77M | $79.55M | $28.35M | $25.68M | $29.28M | $40.87M | $34.98M | $34.45M | $33.88M | $35.19M |
| High Forecast | $31.11M | $30.33M | $30.04M | $29.45M | $29.89M | $29.03M | $27.26M | $26.45M | $26.62M | $67.33M | $32.11M | $31.76M | $29.50M | $61.21M | $29.42M | $26.45M | $25.23M | $55.64M | $25.73M | $23.76M | $30.77M | $95.46M | $28.35M | $25.68M | $29.28M | $49.04M | $34.98M | $34.45M | $33.88M | $42.22M |
| Low Forecast | $30.18M | $29.43M | $29.14M | $28.57M | $29.00M | $28.16M | $26.45M | $25.83M | $26.23M | $44.88M | $32.11M | $31.45M | $28.62M | $40.80M | $19.62M | $26.45M | $25.23M | $37.09M | $25.73M | $23.76M | $30.77M | $63.64M | $28.35M | $25.68M | $29.28M | $32.69M | $34.98M | $34.45M | $33.88M | $28.15M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.94% | 1033623.48% | 1.04% | - | 1.18% | 1.11% | 1.16% | 0.60% | 1.10% | 1.17% | 0.88% | 0.37% | 0.97% | 0.92% | 1.10% | 0.72% | 0.91% | 0.91% | 0.99% | 0.91% |
Comtech Telecommunications's average Quarter SG&A projection for May 24 is $56.10M, based on 2 Wall Street analysts, with a range of $44.88M to $67.33M. The forecast indicates a 85.12% rise compared to CMTL last annual SG&A of $30.31M (Jan 24).
Comtech Telecommunications EPS Forecast
| Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 13 | 9 | 9 | 14 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | $-0.37 | $-0.11 | $-0.13 | - | $-0.17 | $-0.40 | $-0.19 | $-0.00 | $-0.23 | $0.28 | $0.28 | $0.17 | $-3.39 | $-3.39 | $-0.16 | $0.14 | $0.26 | $0.25 | $0.31 | $0.33 |
| Avg Forecast | $0.18 | $0.14 | $0.12 | $0.11 | $-0.06 | $-0.14 | $-0.23 | $-0.35 | $-0.17 | $-0.18 | $-0.16 | $0.12 | $-0.29 | $-0.11 | $-0.09 | $-0.12 | $-0.07 | $-0.06 | $-0.04 | $-0.21 | $0.24 | $-0.01 | $0.12 | $-1.78 | $-0.13 | $-0.05 | $0.20 | $0.14 | $0.10 | $0.27 |
| High Forecast | $0.18 | $0.14 | $0.12 | $0.11 | $-0.06 | $-0.13 | $0.05 | $0.02 | $-0.17 | $-0.18 | $-0.16 | $0.13 | $-0.28 | $-0.11 | $-0.08 | $-0.12 | $-0.07 | $-0.06 | $-0.04 | $-0.21 | $0.24 | $-0.01 | $0.12 | $-1.78 | $-0.13 | $-0.05 | $0.20 | $0.14 | $0.10 | $0.27 |
| Low Forecast | $0.18 | $0.14 | $0.11 | $0.11 | $-0.06 | $-0.14 | $-0.49 | $-0.63 | $-0.18 | $-0.19 | $-0.16 | $0.10 | $-0.29 | $-0.12 | $-0.09 | $-0.12 | $-0.07 | $-0.06 | $-0.04 | $-0.21 | $0.24 | $-0.01 | $0.12 | $-1.78 | $-0.13 | $-0.05 | $0.20 | $0.14 | $0.10 | $0.27 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 2.31% | -0.96% | 0.45% | - | 1.97% | 3.31% | 2.69% | 0.01% | 5.36% | -1.33% | 1.15% | -20.59% | -28.00% | 1.91% | 1.20% | -2.58% | 1.27% | 1.74% | 3.04% | 1.24% |
According to 1 Wall Street analysts, Comtech Telecommunications's projected average Quarter EPS for Jan 22 is $-0.04, with a low estimate of $-0.04 and a high estimate of $-0.04. This represents a -115.32% decrease compared to CMTL previous annual EPS of $0.28 (Oct 21).
Comtech Telecommunications Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MYNA | Mynaric | $0.63 | $4.00 | 534.92% | Hold |
| KVHI | KVH Industries | $5.55 | $13.00 | 134.23% | Buy |
| CMTL | Comtech Telecommunications | $4.14 | $9.00 | 117.39% | Hold |
| CLFD | Clearfield | $31.12 | $48.00 | 54.24% | Buy |
| KN | Knowles | $19.98 | $25.00 | 25.13% | Buy |
| EXTR | Extreme Networks | $17.09 | $21.00 | 22.88% | Buy |
| TSAT | Telesat | $16.37 | $20.00 | 22.17% | |
| AVNW | Aviat Networks | $17.82 | $20.50 | 15.04% | Buy |
| HLIT | Harmonic | $13.45 | $14.25 | 5.95% | Buy |