Cedar Fair (FUN) Stock Forecast & Price Target

$42.43

+0.96 (+2.31%)

(As of 12:58 PM ET)

Cedar Fair - 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

Moderate Buy
Based on 11 Analyst Ratings

Based on 11 Wall Street analysts who have issued ratings for Cedar Fair in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 11 analysts, 1 has given a sell rating, 1 has given a hold rating, and 9 have given a buy rating for FUN.

Consensus Price Target

$57.91
36.48% Upside

High Forecast	$67.00
Average Forecast	$57.91
Low Forecast	$43.00

According to the 11 analysts' twelve-month price targets for Cedar Fair, the average price target is $57.91. The highest price target for FUN is $67.00, while the lowest price target for FUN is $43.00. The average price target represents a forecasted upside of 36.48% from the current price of $42.43.

Type	Current Forecast 9/20/23 to 9/19/24	1 Month Ago 8/21/23 to 8/20/24	3 Months Ago 6/22/23 to 6/21/24	1 Year Ago 9/20/22 to 9/20/23
Consensus Rating	Moderate Buy	Moderate Buy	Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 Buy rating(s)	9 Buy rating(s)	10 Buy rating(s)	7 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)	3 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$57.91	$58.82	$51.10	$48.91
Forecasted Upside	36.48% Upside	30.46% Upside	24.41% Upside	21.27% Upside

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FUN 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.

FUN 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.

Cedar Fair Stock vs. The Competition

Type	Cedar Fair	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.73	2.55	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	36.35% Upside	1,177.51% Upside	6.71% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/18/2024	Citigroup 3 of 5 stars		Lower Target	Buy ➝ Buy	$61.00 ➝ $58.00	+39.76%
9/16/2024	JPMorgan Chase & Co. 3 of 5 stars		Lower Target	Underweight ➝ Underweight	$48.00 ➝ $43.00	+5.83%
8/12/2024	The Goldman Sachs Group 2 of 5 stars	L. Dove Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$63.00 ➝ $55.00	+30.15%
8/9/2024	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$64.00 ➝ $60.00	+38.95%
8/9/2024	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$77.00 ➝ $65.00	+50.29%
8/9/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Swartz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$62.00 ➝ $60.00	+40.61%
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8/9/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$68.00 ➝ $60.00	+34.50%
8/9/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$55.00 ➝ $52.00	+16.57%
7/2/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$49.00 ➝ $67.00	+27.74%
7/1/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$55.00 ➝ $65.00	+19.60%
2/16/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$49.00 ➝ $52.00	+24.37%
2/22/2023	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$41.00 ➝ $45.00	+0.33%
2/17/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$41.00 ➝ $46.00	+2.34%
2/17/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$54.00 ➝ $61.00	+35.56%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 01:22 PM ET.

FUN Forecast - Frequently Asked Questions

What is Cedar Fair's forecast for 2024?: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Cedar Fair is $57.91, with a high forecast of $67.00 and a low forecast of $43.00.
Should I buy or sell Cedar Fair stock right now?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cedar Fair in the last year. There is currently 1 sell rating, 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FUN shares.
Does Cedar Fair's stock price have much upside?: According to analysts, Cedar Fair's stock has a predicted upside of 29.65% based on their 12-month stock forecasts.
What analysts cover Cedar Fair?: Cedar Fair has been rated by research analysts at B. Riley, Citigroup, JPMorgan Chase & Co., Macquarie, Mizuho, Morgan Stanley, Oppenheimer, Stifel Nicolaus, The Goldman Sachs Group, and Truist Financial in the past 90 days.
Do Wall Street analysts like Cedar Fair more than its competitors?: Analysts like Cedar Fair more than other "consumer discretionary" companies. The consensus rating score for Cedar Fair is 2.73 while the average consensus rating score for "consumer discretionary" companies is 2.55. Learn more on how FUN compares to other companies.