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 314.75% upside from CMTL’s last price of $2.17) and a rating consensus of 'Hold', based on 3 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 3 Wall Street analysts in the past 3 months, with a price target range of $14.50 to $3.50. This represents a potential 314.75% upside from CMTL's last price of $2.17.
CMTL Analyst Ratings
According to 3 Wall Street analysts, Comtech Telecommunications's rating consensus is 'Hold'. The analyst rating breakdown for CMTL stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 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% | 61.29% |
| Dec 12, 2022 | Citigroup | $14.50 | $13.37 | 8.45% | 568.20% |
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 61.29% increase from CMTL last price ($2.17).
Comtech Telecommunications Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $3.50 |
| Last Closing Price | $2.17 | $2.17 | $2.17 |
| Upside/Downside | -100.00% | -100.00% | 61.29% |
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 $2.17. 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 |
|---|---|---|---|---|
| Jan 14, 2025 | B. Riley | Buy | Buy | Hold |
| Jun 25, 2024 | Jefferies | Hold | Upgrade | |
| Dec 12, 2022 | Citigroup | Neutral | Neutral | Hold |
Comtech Telecommunications's last stock rating was published by B. Riley on Jan 14, 2025. The company gave CMTL a "Buy" rating, the same as its previous rate.
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 | $139.16M | $136.98M | $134.33M | $131.95M | $126.60M | $122.99M | $118.75M | $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 | $145.31M | $143.03M | $140.26M | $137.78M | $132.19M | $128.42M | $124.00M | $126.99M | $127.79M | $142.45M | $154.17M | $152.50M | $146.33M | $142.00M | $139.19M | $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 | $132.42M | $130.35M | $127.82M | $125.56M | $120.47M | $117.03M | $113.00M | $124.00M | $125.91M | $129.82M | $154.17M | $151.00M | $133.34M | $129.40M | $126.84M | $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 $129.82M, and a high forecast of $142.45M. 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 | $-1.05M | $-1.04M | $-1.02M | $-999.06K | $-958.51K | $-931.18K | $-899.13K | $-950.39K | $-960.42K | $-35.39M | $-1.17M | $-1.15M | $-1.06M | $-32.17M | $-1.01M | $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 | $-1.00M | $-986.89K | $-967.77K | $-950.66K | $-912.08K | $-886.07K | $-855.59K | $-938.81K | $-953.32K | $-28.31M | $-1.17M | $-1.14M | $-1.01M | $-25.74M | $-960.37K | $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 | $-1.10M | $-1.08M | $-1.06M | $-1.04M | $-1.00M | $-972.32K | $-938.88K | $-961.52K | $-967.52K | $-42.46M | $-1.17M | $-1.15M | $-1.11M | $-38.60M | $-1.05M | $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% | - | -7.47% | 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 | $198.76K | $-188.45K | $-899.58K | $-1.01M | $-8.53M | $-11.95M | $-17.01M | $-10.27M | $-5.15M | $-44.21M | $-4.71M | $3.39M | $-8.54M | $-40.20M | $-2.54M | $-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 | $210.18K | $-176.59K | $-842.92K | $-943.63K | $-7.99M | $-11.20M | $-515.37K | $513.27K | $-4.83M | $-35.37M | $-4.41M | $3.91M | $-8.00M | $-32.16M | $-2.38M | $-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 | $186.24K | $-199.28K | $-951.25K | $-1.06M | $-9.02M | $-12.64M | $-31.44M | $-18.48M | $-5.45M | $-53.06M | $-4.98M | $2.87M | $-9.03M | $-48.23M | $-2.68M | $-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 % | - | - | - | - | - | - | - | - | - | - | 2.24% | -962705.50% | 0.41% | - | 1.90% | 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 | $28.98M | $28.53M | $27.98M | $27.48M | $26.37M | $25.62M | $24.73M | $26.14M | $26.42M | $56.10M | $32.11M | $31.63M | $29.19M | $51.00M | $27.76M | $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 | $30.27M | $29.79M | $29.21M | $28.70M | $27.53M | $26.75M | $25.83M | $26.45M | $26.62M | $67.33M | $32.11M | $31.76M | $30.48M | $61.21M | $28.99M | $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 | $27.58M | $27.15M | $26.62M | $26.15M | $25.09M | $24.38M | $23.54M | $25.83M | $26.23M | $44.88M | $32.11M | $31.45M | $27.77M | $40.80M | $26.42M | $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% | - | 1.04% | 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 | $0.01 | $-0.01 | $-0.03 | $-0.03 | $-0.29 | $-0.41 | $-0.58 | $-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 | $0.01 | $-0.01 | $-0.03 | $-0.03 | $-0.27 | $-0.38 | $-0.02 | $0.02 | $-0.16 | $-0.17 | $-0.15 | $0.13 | $-0.27 | $-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 | $0.01 | $-0.01 | $-0.03 | $-0.04 | $-0.31 | $-0.43 | $-1.07 | $-0.63 | $-0.19 | $-0.20 | $-0.17 | $0.10 | $-0.31 | $-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 | $0.50 | $4.00 | 700.00% | Hold |
| CMTL | Comtech Telecommunications | $2.17 | $9.00 | 314.75% | Hold |
| KVHI | KVH Industries | $5.88 | $13.00 | 121.09% | Buy |
| KN | Knowles | $19.26 | $25.00 | 29.80% | Buy |
| EXTR | Extreme Networks | $16.25 | $21.00 | 29.23% | Buy |
| CLFD | Clearfield | $37.58 | $48.00 | 27.73% | Buy |
| HLIT | Harmonic | $11.56 | $14.25 | 23.27% | Buy |
| TSAT | Telesat | $18.20 | $20.00 | 9.89% | |
| AVNW | Aviat Networks | $18.38 | $19.25 | 4.73% | Buy |