Corteva Stock Target Price and Analyst Consensus

CTVA Stock  USD 52.90  2.02  3.68%   
The current analyst and expert consensus on Corteva is Strong Buy with 6 hold recommendations. The current projected Corteva target price consensus is 68.63 with 21 analyst opinions. One of the most common ways Corteva analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Corteva vendors, executives, and/or customers. Corteva recommendation module provides expert sentiment on the projected Corteva target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Corteva to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Corteva Stock refer to our How to Trade Corteva Stock guide.
Lowest Forecast
62.45
Highest Forecast
76.18
Target Price
68.63
At present, Corteva's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Pretax Profit Margin is expected to grow to 0.07, whereas Gross Profit Margin is forecasted to decline to 0.32. At present, Corteva's Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Long Term Debt is expected to grow to about 2.4 B, whereas Total Assets are forecasted to decline to about 36.2 B.
  
It's important to approach Corteva's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Corteva Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Corteva target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Corteva's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   21  Strong Buy
Most Corteva analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Corteva stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Corteva, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Corteva Target Price Projection

Corteva's current and average target prices are 52.90 and 68.63, respectively. The current price of Corteva is the price at which Corteva is currently trading. On the other hand, Corteva's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Corteva Market Quote on 9th of June 2024

Low Price52.72Odds
High Price54.67Odds

52.9

Target Price

Analyst Consensus On Corteva Target Price

Low Estimate62.45Odds
High Estimate76.18Odds

68.63

Historical Lowest Forecast  62.45 Target Price  68.63 Highest Forecast  76.18
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Corteva and the information provided on this page.

Corteva Analyst Ratings

Corteva's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Corteva stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Corteva's financials, market performance, and future outlook by experienced professionals. Corteva's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Corteva price targets

Corteva's stock target price is an estimate of its future price, usually made by analysts. Using Corteva's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Corteva's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Corteva's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Corteva Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Corteva is a key component of Corteva valuation and have some predictive power on the future returns of a Corteva.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Corteva's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
51.3852.9054.42
Details
Intrinsic
Valuation
LowRealHigh
52.5754.0955.61
Details
Naive
Forecast
LowNextHigh
51.1652.6854.20
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.721.821.87
Details

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Additional Information and Resources on Investing in Corteva Stock

When determining whether Corteva offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Corteva's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Corteva Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Corteva Stock:
Check out Macroaxis Advice on Corteva to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Corteva Stock refer to our How to Trade Corteva Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The data published in Corteva's official financial statements typically reflect Corteva's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Corteva's quantitative information. For example, before you start analyzing numbers published by Corteva accountants, it’s essential to understand Corteva's liquidity, profitability, and earnings quality within the context of the Chemicals space in which it operates.
Please note, the presentation of Corteva's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Corteva's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Corteva's management manipulating its earnings.