NASDAQ:CASA - Casa Systems Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $8.67
  • Forecasted Upside: 4.67 %
  • Number of Analysts: 4
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$8.28
▼ -0.06 (-0.72%)
1 month | 3 months | 12 months
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Analyst Price Target for CASA

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$8.67
▲ +4.67% 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 $8.67, with a high forecast of $9.00 and a low forecast of $8.00. The average price target represents a 4.67% upside from the last price of $8.28.
Hold
The current consensus among 4 polled investment analysts is to hold stock in Casa Systems. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 1 sell ratings
8/5/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 1 sell ratings
11/3/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
2/1/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 2 sell ratings
5/1/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 2 sell ratings
7/30/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
10/28/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
12/27/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
1/26/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/25/2021Morgan StanleyBoost Price TargetEqual Weight$7.00 ➝ $8.00Low
i
1/14/2021BarclaysUpgradeEqual Weight ➝ Overweight$6.00 ➝ $9.00High
i
12/15/2020Morgan StanleyBoost Price TargetEqual Weight$5.00 ➝ $7.00Low
i
12/15/2020Northland SecuritiesReiterated RatingBuy$9.00Low
i
7/31/2020Northland SecuritiesReiterated RatingBuy$8.00Medium
i
Rating by Tim Savageaux at Northland Securities
7/23/2020Morgan StanleyBoost Price TargetEqual Weight$4.00 ➝ $5.00Medium
i
6/11/2020Northland SecuritiesInitiated CoverageBuy$7.00Low
i
Rating by Tim Savageaux at Northland Securities
5/3/2020BarclaysReiterated RatingHold$5.00High
i
5/1/2020Morgan StanleyBoost Price TargetEqual Weight$2.70 ➝ $4.00High
i
5/1/2020Northland SecuritiesReiterated RatingBuy$7.00High
i
Rating by Tim Savageaux at Northland Securities
4/14/2020JPMorgan Chase & Co.Initiated CoverageUnderweightMedium
i
3/16/2020Morgan StanleyLower Price TargetEqual Weight$4.50 ➝ $2.70High
i
2/23/2020BarclaysReiterated RatingNeutralHigh
i
Rating by Tim Long at Barclays PLC
2/12/2020Northland SecuritiesUpgradeMarket Perform ➝ Outperform$6.00High
i
11/3/2019BarclaysReiterated RatingHold$7.00High
i
11/1/2019Needham & Company LLCReiterated RatingHoldHigh
i
11/1/2019Northland SecuritiesDowngradeOutperform ➝ Market Perform$7.00High
i
8/7/2019BarclaysInitiated CoverageEqual Weight ➝ Equal Weight$8.00Low
i
7/30/2019Raymond JamesDowngradeMarket Perform ➝ UnderperformHigh
i
7/11/2019Morgan StanleyLower Price TargetEqual Weight$11.00 ➝ $7.00Low
i
3/18/2019DA DavidsonInitiated CoverageBuy$12.00Medium
i
Rating by M. Kelleher at DA Davidson
2/22/2019Raymond JamesDowngradeOutperform ➝ Market PerformHigh
i
2/22/2019William BlairDowngradeOutperform ➝ Market PerformHigh
i
Rating by J. Ader at William Blair
2/13/2019Needham & Company LLCDowngradeBuy ➝ HoldLow
i
1/18/2019Needham & Company LLCLower Price TargetBuy ➝ Buy$19.00 ➝ $14.00High
i
1/18/2019Morgan StanleyDowngradeOverweight ➝ Equal Weight$18.00 ➝ $11.00High
i
Rating by Meta Marshall at Morgan Stanley
1/18/2019Stifel NicolausDowngradeBuy ➝ Hold$18.00 ➝ $14.00High
i
12/9/2018Needham & Company LLCInitiated CoverageBuy$19.00 ➝ $15.08Low
i
11/29/2018Needham & Company LLCInitiated CoverageBuy ➝ Buy$19.00High
i
10/23/2018Stifel NicolausInitiated CoverageBuy ➝ Buy$18.00Medium
i
8/24/2018Loop CapitalUpgradeHold ➝ Buy$16.00High
i
8/16/2018Morgan StanleyLower Price TargetOverweight ➝ Buy$23.00 ➝ $18.00Medium
i
Rating by Meta Marshall at Morgan Stanley
8/15/2018Northland SecuritiesSet Price TargetBuy$17.00Medium
i
Rating by Tim Savageaux at Northland Securities
8/15/2018Loop CapitalLower Price TargetHold ➝ Positive$12.00High
i
8/15/2018MacquarieDowngradeOutperform ➝ Neutral$24.00High
i
7/25/2018Loop CapitalInitiated CoverageHold$16.00High
i
7/12/2018Northland SecuritiesSet Price TargetBuy$33.00 ➝ $25.00Low
i
Rating by Tim Savageaux at Northland Securities
7/10/2018Morgan StanleyUpgradeEqual Weight ➝ Overweight$23.00High
i
4/27/2018Stifel NicolausBoost Price TargetBuy ➝ Buy$27.00 ➝ $31.00High
i
3/7/2018BarclaysReiterated RatingEqual Weight ➝ Equal Weight$21.00 ➝ $25.00Low
i
3/7/2018Morgan StanleyReiterated RatingEqual Weight ➝ Equal Weight$21.00 ➝ $23.00High
i
3/7/2018Stifel NicolausBoost Price TargetBuy ➝ Buy$23.00 ➝ $27.00Medium
i
1/10/2018MacquarieInitiated CoverageOutperform ➝ Outperform$24.00Medium
i
1/9/2018Raymond JamesInitiated CoverageOutperform ➝ Outperform$23.00Medium
i
1/9/2018Northland SecuritiesInitiated CoverageOutperform ➝ Outperform$25.00Medium
i
1/9/2018William BlairInitiated CoverageOutperform ➝ OutperformHigh
i
Rating by J. Ader at William Blair
1/9/2018Morgan StanleyInitiated CoverageEqual ➝ Equal Weight$21.00N/A
i
1/9/2018Stifel NicolausInitiated CoverageBuy ➝ Buy$23.00N/A
i
1/9/2018BarclaysInitiated CoverageEqual Weight ➝ Equal Weight$17.00N/A
i
(Data available from 1/27/2016 forward)
Casa Systems logo
Casa Systems, Inc., a communications technology company, provides solutions for next-generation centralized, distributed, and virtualized 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, and security and wireless gateways, as well as small cell solutions and fixed wireless access devices; and optical access solutions, virtualized broadband network gateway router and multiservice routers, fiber-to-the-distribution-point devices, and residential broadband gateways; and machine-to-machine and industrial internet of things routers. The company was founded in 2003 and is headquartered in Andover, Massachusetts.
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Today's Range

Now: $8.28
$8.18
$8.42

50 Day Range

MA: $6.96
$6.14
$8.34

52 Week Range

Now: $8.28
$1.85
$8.61

Volume

246,342 shs

Average Volume

396,665 shs

Market Capitalization

$691.58 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.2

Frequently Asked Questions

What sell-side analysts currently cover shares of Casa Systems?

The following sell-side analysts have issued stock ratings on Casa Systems in the last year: Barclays PLC, JPMorgan Chase & Co., Morgan Stanley, Northland Securities, TheStreet, and Zacks Investment Research.

What is the current price target for Casa Systems?

3 Wall Street analysts have set twelve-month price targets for Casa Systems in the last year. Their average twelve-month price target is $8.67, suggesting a possible upside of 4.7%. Barclays PLC has the highest price target set, predicting CASA will reach $9.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $8.00 for Casa Systems in the next year.

What is the current consensus analyst rating for Casa Systems?

Casa Systems currently has 1 sell rating, 1 hold rating and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CASA, but not buy more shares or sell existing shares.

What other companies compete with Casa Systems?

How do I contact Casa Systems' investor relations team?

Casa Systems' physical mailing address is 100 OLD RIVER ROAD, ANDOVER MA, 01810. The company's listed phone number is 978-688-6706 and its investor relations email address is [email protected] The official website for Casa Systems is www.casa-systems.com.