Analyst Price Target is $6.38
▲ +83.19% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Casa Systems in the last 3 months. The average price target is $6.38, with a high forecast of $8.00 and a low forecast of $4.00. The average price target represents a 83.19% upside from the last price of $3.48.
Current Consensus is
The current consensus among 4 investment analysts is to buy stock in Casa Systems. This rating has held steady since May 2022, when it changed from a Hold consensus rating.
Casa Systems, Inc., a communications technology company, provides solutions for next-generation physical, virtualized, and cloud native architectures for cable broadband, fixed-line broadband, and wireless networks in North America, Latin America, the Asia-Pacific, Europe, the Middle East, and Africa. It offers converged cable access platforms; wireless network core products, such as virtual evolved packet and 5G core products, as well as small cell solutions, axyom element management system, and fixed wireless access devices; and virtual, centralized, and distributed deployment, and bandwidth capacity expansion systems. The company also provides optical access solutions, virtualized broadband network gateway router and multiservice router, fiber extension, and residential broadband gateways; and machine-to-machine and industrial internet of things routers. The company was incorporated in 2003 and is headquartered in Andover, Massachusetts.