Cuba's Economic Crisis: Cuba is facing a severe economic collapse exacerbated by U.S. pressure on Venezuela, which threatens to cut off vital oil supplies that support the island's economy and infrastructure.
Impact of Venezuelan Oil Dependence: Venezuela provides approximately 40% of Cuba's oil imports, and any further reduction in shipments could lead to catastrophic consequences for Cuba's already fragile economy.
Deteriorating Living Conditions: The situation in Cuba has rapidly worsened, with widespread food shortages, prolonged blackouts, and a healthcare system in crisis, pushing nearly 90% of the population into extreme poverty.
Cuban Government's Response: In response to U.S. actions, the Cuban government has issued strong rhetoric against the tanker seizures, claiming they threaten regional stability and could lead to a humanitarian disaster.
Wall Street analysts forecast COM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for COM is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast COM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for COM is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 30.951
Low
Averages
High
Current: 30.951
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
