Cloudera Stock Forecast, Price & News (NYSE:CLDR)

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Earnings results for Cloudera Stock Forecast, Price & News (NYSE:CLDR)

Cloudera, Inc. is expected* to report earnings on 09/02/2020 after market close. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 4 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.07. The reported EPS for the same quarter last year was $-0.24.

Cloudera last announced its earnings data on June 3rd, 2020. The reported $0.05 EPS for the quarter, beating the consensus estimate of ($0.15) by $0.20. The business earned $210.46 million during the quarter, compared to analysts’ expectations of $204.65 million. Its revenue for the quarter was up 12.3% compared to the same quarter last year. Cloudera has generated ($0.91) earnings per share over the last year. Cloudera has confirmed that its next quarterly earnings report will be published on Wednesday, September 2nd, 2020.

Analyst Opinion on Cloudera Stock Forecast, Price & News (NYSE:CLDR)

14 Wall Street analysts have issued ratings and price targets for Cloudera in the last 12 months. Their average twelve-month price target is $11.85, predicting that the stock has a possible downside of 14.53%. The high price target for CLDR is $16.00 and the low price target for CLDR is $8.00. There are currently 1 sell rating, 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Cloudera has received a consensus rating of Hold. The company’s average rating score is 2.29, and is based on 5 buy ratings, 8 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $11.85, Cloudera has a forecasted downside of 14.5% from its current price of $13.86. Cloudera has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Cloudera Stock Forecast, Price & News (NYSE:CLDR)

Cloudera does not currently pay a dividend. Cloudera does not have a long track record of dividend growth.

Insiders buying/selling: Cloudera Stock Forecast, Price & News (NYSE:CLDR)

In the past three months, Cloudera insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,812,723.00 in company stock. Only 16.10% of the stock of Cloudera is held by insiders. 78.04% of the stock of Cloudera is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Cloudera Stock Forecast, Price & News (NYSE:CLDR

Earnings for Cloudera are expected to grow in the coming year, from ($0.31) to ($0.23) per share. The P/E ratio of Cloudera is -13.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Cloudera is -13.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Cloudera has a P/B Ratio of 2.85. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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