Financial Outlook and Market Performance
Consensus Cloud Solutions (NASDAQ:CCSI) has revised its financial outlook for the fiscal year 2025, projecting earnings per share (EPS) between $5.25 and $5.65, with anticipated revenues ranging from $343 million to $357 million. The company’s updated guidance comes as Wall Street analysts elevate their ratings from 'hold' to 'buy,' setting a consensus target price of $27.40.
Recent Stock Movements
On Thursday, the company's stock experienced a midday rise of 4.2%, closing at $20.97, and bringing its market capitalization to approximately $410 million. The revised EPS guidance slightly exceeds the analyst consensus estimate of $5.275, while revenue projections are just below the expected $347.6 million.
Quarterly Earnings Forecast
For the third quarter of 2025, Consensus Cloud Solutions anticipates earnings per share between $1.33 and $1.42. Notably, in a recent research note, Wall Street Zen upgraded the stock from 'hold' to 'buy,' reflecting increased confidence among investors. Currently, analysts' ratings include two sells and four buys, with an average target price of $27.40.