The price of CWT is predicted to go up 1.65%, based on the high correlation periods with LXU. The similarity of these two price pattern on the periods is 90.72%.
CWT
LXU
Up: 1.65%Similarity: 90.72%
CWT Revenue Forecast
CWT EPS Forecast
CWT FAQs
What is bull’s view on CWT?
CWT stock is currently trading at $43.49, with a bullish price target of $52 set by Wells Fargo, implying a 17.22% upside. Analysts highlight consistent utility-like earnings growth and potential re-rating over the next 12-24 months as key drivers. Additionally, the CPUC's decision to maintain the return on equity at 10.27% until 2026 supports operational stability.
What is bear's view on CWT?
CWT stock is currently trading at $45.29, showing a slight upward trend (+1.09% on January 31). However, the bearish view stems from its overbought RSI (51.86) and limited upside potential near its resistance level of $46.01. Additionally, the CPUC's decision to delay capital applications until 2026 may limit immediate growth prospects.
What is CWT revenue forecast for next quarter?
The market consensus for CWT's revenue in the upcoming quarter is projected to be approximately $182M USD.
Wells Fargo analyst Jonathan Reeder upgraded California Water Service to Overweight from Equal Weight with a price target of $52, down from $56. The firm shuffled water utility ratings for the new year. Wells believes California Water shares could re-rate meaningfully over the next 12-24 months. The company is poised to deliver much more consistent, utility-like earnings growth going forward, the analyst tells investors in a research note.