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Cardlytics Inc has a consensus price target of $6.56 based on the ratings of 10 analysts. The high is $12 issued by Craig-Hallum on May 9, 2024. The low is $3.5 issued by B of A Securities on August 15, 2024. The 3 most-recent analyst ratings were released by Evercore ISI Group, Northland Capital Markets, and B of A Securities on October 11, 2024, August 16, 2024, and August 15, 2024, respectively. With an average price target of $4.17 between Evercore ISI Group, Northland Capital Markets, and B of A Securities, there's an implied 12.01% upside for Cardlytics Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cardlytics (NASDAQ:CDLX) was reported by Needham on November 7, 2024. The analyst firm set a price target for $0.00 expecting CDLX to fall to within 12 months (a possible -100.00% downside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for Cardlytics (NASDAQ:CDLX) was provided by Needham, and Cardlytics reiterated their hold rating.
The last upgrade for Cardlytics Inc happened on March 15, 2024 when Craig-Hallum raised their price target to $18. Craig-Hallum previously had a hold for Cardlytics Inc.
The last downgrade for Cardlytics Inc happened on August 16, 2024 when Northland Capital Markets changed their price target from $7 to $5 for Cardlytics Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cardlytics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cardlytics was filed on November 7, 2024 so you should expect the next rating to be made available sometime around November 7, 2025.
While ratings are subjective and will change, the latest Cardlytics (CDLX) rating was a reiterated with a price target of $0.00 to $0.00. The current price Cardlytics (CDLX) is trading at is $3.72, which is out of the analyst’s predicted range.
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