Is Cvent Holding Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: CVT) stock is to Buy CVT stock.
Out of 2 analysts, 0 (0%) are recommending CVT as a Strong Buy, 1 (50%) are recommending CVT as a Buy, 1 (50%) are recommending CVT as a Hold, 0 (0%) are recommending CVT as a Sell, and 0 (0%) are recommending CVT as a Strong Sell.
What is CVT's forecast return on equity (ROE) for 2023-2024?
(NASDAQ: CVT) forecast ROE is 7.69%, which is considered weak.
What is CVT's Price Target?
According to 2 Wall Street analysts that have issued a 1 year CVT price target, the average CVT price target is $9.75, with the highest CVT stock price forecast at $11.00 and the lowest CVT stock price forecast at $8.50.
On average, Wall Street analysts predict that Cvent Holding's share price could reach $9.75 by Apr 17, 2024. The average Cvent Holding stock price prediction forecasts a potential upside of 14.98% from the current CVT share price of $8.48.
What is CVT's forecast return on assets (ROA) for 2023-2024?
(NASDAQ: CVT) forecast ROA is 5.45%, which is higher than the forecast US Software - Application industry average of 3.27%.
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