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NASDAQ: CDK
CDK GLOBAL INC Stock Forecast, Predictions & Price Target

Buy CDK

Analyst price target for CDK

Based on 1 analyst offering 12 month price targets for CDK GLOBAL INC.
Min Forecast
$48.00-12.18%
Avg Forecast
$48.00-12.18%
Max Forecast
$48.00-12.18%

Should I buy or sell CDK stock?

Based on 1 analyst offering ratings for CDK GLOBAL INC.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
1 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

CDK stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Bottom 6%
6
HoldDowngrades$48.00-12.18%2021-12-16

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Forecast return on equity

Is CDK forecast to generate an efficient return?
Company
86.28%
Industry
10.34%
Market
39.12%
CDK's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CDK forecast to generate an efficient return on assets?
Company
12.95%
Industry
3.73%
CDK is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CDK earnings per share forecast

What is CDK's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$2.53+21.05%
Avg 2 year Forecast
$2.82+34.93%
Avg 3 year Forecast
$3.20+53.11%
CDK's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CDK revenue forecast

What is CDK's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$1.8B+2.47%
Avg 2 year Forecast
$1.9B+7.71%
Avg 3 year Forecast
$2.0B+13.59%
CDK's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CDK earnings growth forecast

How is CDK forecast to perform vs Software - Application companies and vs the US market?
Company
16.69%
Industry
21.48%
Market
16.08%
CDK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CDK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CDK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CDK revenue growth forecast

How is CDK forecast to perform vs Software - Application companies and vs the US market?
Company
3.87%
Industry
16.67%
Market
8.42%
CDK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CDK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CDK vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
CDK$54.66$48.00-12.18%Hold
GWRE$77.92$105.38+35.23%Hold
BMBL$31.98$34.50+7.88%Buy
RNG$61.80$155.53+151.66%Strong Buy
PCOR$51.15$89.38+74.73%Strong Buy

CDK GLOBAL Stock Forecast FAQ

Is CDK GLOBAL Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: CDK) stock is to Hold CDK stock.

Out of 1 analyst, 0 (0%) are recommending CDK as a Strong Buy, 0 (0%) are recommending CDK as a Buy, 1 (100%) are recommending CDK as a Hold, 0 (0%) are recommending CDK as a Sell, and 0 (0%) are recommending CDK as a Strong Sell.

What is CDK's earnings growth forecast for 2022-2024?

(NASDAQ: CDK) CDK GLOBAL's forecast annual earnings growth rate of 16.69% is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 21.48%, and while it is forecast to beat the US market's average forecast earnings growth rate of 16.08%.

CDK GLOBAL's earnings in 2022 is $250,900,000.On average, 2 Wall Street analysts forecast CDK's earnings for 2022 to be $295,250,499, with the lowest CDK earnings forecast at $294,083,501, and the highest CDK earnings forecast at $295,250,499. On average, 2 Wall Street analysts forecast CDK's earnings for 2023 to be $329,093,442, with the lowest CDK earnings forecast at $325,592,448, and the highest CDK earnings forecast at $332,594,436.

In 2024, CDK is forecast to generate $373,439,366 in earnings, with the lowest earnings forecast at $373,439,366 and the highest earnings forecast at $373,439,366.

What is CDK's revenue growth forecast for 2022-2024?

(NASDAQ: CDK) CDK GLOBAL's forecast annual revenue growth rate of 3.87% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 16.67%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.42%.

CDK GLOBAL's revenue in 2022 is $1,756,500,000.On average, 2 Wall Street analysts forecast CDK's revenue for 2022 to be $210,047,973,620, with the lowest CDK revenue forecast at $209,954,613,778, and the highest CDK revenue forecast at $210,141,333,461. On average, 2 Wall Street analysts forecast CDK's revenue for 2023 to be $220,795,441,885, with the lowest CDK revenue forecast at $219,990,796,750, and the highest CDK revenue forecast at $221,600,087,020.

In 2024, CDK is forecast to generate $232,835,943,956 in revenue, with the lowest revenue forecast at $232,835,943,956 and the highest revenue forecast at $232,835,943,956.

What is CDK's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: CDK) forecast ROA is 12.95%, which is higher than the forecast US Software - Application industry average of 3.73%.

What is CDK's Price Target?

According to 1 Wall Street analyst that have issued a 1 year CDK price target, the average CDK price target is $48.00, with the highest CDK stock price forecast at $48.00 and the lowest CDK stock price forecast at $48.00.

The Wall Street analyst predicted that CDK GLOBAL's share price could fall to $48.00 by Dec 16, 2022. The average CDK GLOBAL stock price prediction forecasts a potential downside of 12.18% from the current CDK share price of $54.66.

What is CDK's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: CDK) CDK GLOBAL's current Earnings Per Share (EPS) is $2.09. On average, analysts forecast that CDK's EPS will be $2.53 for 2022, with the lowest EPS forecast at $2.52, and the highest EPS forecast at $2.53. On average, analysts forecast that CDK's EPS will be $2.82 for 2023, with the lowest EPS forecast at $2.79, and the highest EPS forecast at $2.85. In 2024, CDK's EPS is forecast to hit $3.20 (min: $3.20, max: $3.20).

What is CDK's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: CDK) forecast ROE is 86.28%, which is considered strong.
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