Analyst Price Target is $48.00
▼ -12.49% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for CDK Global in the last 3 months. The average price target is $48.00, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a -12.49% upside from the last price of $54.85.
Current Consensus is
The current consensus among 2 polled investment analysts is to hold stock in CDK Global. This rating has held steady since February 2022, when it changed from a Buy consensus rating.
CDK Global, Inc., together with its subsidiaries, provides integrated data and technology solutions to the automotive, heavy truck, recreation, and heavy equipment industries in the United States and internationally. It offers subscription-based software and technology solutions to automotive retailers, as well as to retailers and manufacturers of heavy trucks, construction and agricultural equipment, motorcycles, boats, and other marine and recreational vehicles. The company's flagship Dealer Management System provides software solutions that facilitates the sale of new and used vehicles, consumer financing, repair and maintenance services, and vehicle and parts inventory management. It also provides a portfolio of layered software applications and services to address the needs of automotive retail workflows. In addition, the company offers data management and business intelligence solutions to automotive retailers and original equipment manufacturers through its Neuron intelligent data platform. Further, it offers professional services, custom programming, consulting, implementation, and training solutions, as well as customer support solutions. The company serves approximately 15,000 retail locations. CDK Global, Inc. was incorporated in 2014 and is headquartered in Hoffman Estates, Illinois.