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Cardlytics (CDLX) Stock Forecast & Price Target

$8.21
+0.02 (+0.24%)
(As of 06/28/2024 ET)

Cardlytics - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$12.67
54.28% Upside
High Forecast$18.00
Average Forecast$12.67
Low Forecast$9.00
TypeCurrent Forecast
6/30/23 to 6/29/24
1 Month Ago
5/31/23 to 5/30/24
3 Months Ago
4/1/23 to 3/31/24
1 Year Ago
6/30/22 to 6/30/23
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Reduce
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
1 Buy rating(s)
Hold
2 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$12.67$12.75$13.20$8.40
Forecasted Upside54.28% Upside2.82% Upside23.68% Upside-3.84% Downside

CDLX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CDLX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Cardlytics Stock vs. The Competition

TypeCardlyticsBusiness Services CompaniesS&P 500
Consensus Rating Score
2.86
2.64
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside54.28% Upside145.01% Upside11.47% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/20/2024Bank of America
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 Reiterated RatingNeutral$11.00+34.06%
6/18/2024Northland Capmk
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L. Horton
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UpgradeStrong-Buy
6/18/2024Northland Securities
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 Initiated CoverageOutperform$14.00+69.90%
6/11/2024Needham & Company LLC
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 Reiterated RatingBuy ➝ Buy$12.00 ➝ $12.00+36.67%
5/9/2024Craig Hallum
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 Lower TargetBuy ➝ Buy$18.00 ➝ $12.00+37.77%
3/15/2024Lake Street Capital
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 Boost TargetBuy ➝ Buy$13.00 ➝ $18.00+40.52%
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8/2/2023JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$6.00 ➝ $9.00-33.23%
4/12/2023Wells Fargo & Company
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 Boost TargetUnderweight$5.00 ➝ $6.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:47 AM ET.

CDLX Forecast - Frequently Asked Questions

What is Cardlytics's stock forecast and purchase recommendation?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Cardlytics is $12.67, with a high forecast of $18.00 and a low forecast of $9.00. The consensus rating for Cardlytics stock is Moderate Buy based on the current 2 hold ratings, 4 buy ratings and 1 strong buy rating for CDLX. Learn more on CDLX's analyst rating history.

Do Wall Street analysts like Cardlytics more than its competitors?

Analysts like Cardlytics more than other "business services" companies. The consensus rating score for Cardlytics is 2.86 while the average consensus rating score for "business services" companies is 2.64. Learn more on how CDLX compares to other companies.

Is Cardlytics being upgraded by Wall Street analysts?

Over the previous 90 days, Cardlytics's stock had 1 upgrade by analysts.

Does Cardlytics's stock price have much upside?

According to analysts, Cardlytics's stock has a predicted upside of 26.19% based on their 12-month stock forecasts.

What analysts cover Cardlytics?

Cardlytics has been rated by research analysts at Bank of America, Craig Hallum, Needham & Company LLC, Northland Capmk, and Northland Securities in the past 90 days.


This page (NASDAQ:CDLX) was last updated on 6/29/2024 by MarketBeat.com Staff

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