Based on ratings from 1 stock analysts, the Cadiz Inc stock price is expected to increase by 259.71% in 12 months. This is calculated by using the average 12-month stock price forecast for Cadiz Inc. The lowest target is $15 and the highest is $15. Please note analyst price targets are not guaranteed and could be missed completely.
About 1 Wall Street analysts have assignedCDZI 1 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Cadiz Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CDZI. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CDZI.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
B. Riley FBR | Buy | Initiates | May 5, 2018 | |
B. Riley Securities | Buy | Initiates | Jan 3, 2017 | |
B. Riley FBR | Buy | Initiates | Jan 3, 2017 |
When did it IPO
1990
Staff Count
18
Country
United States
Sector/Industry
Utilities/Utilities - Regulated Water
CEO
Ms. Susan P. Kennedy
Market Cap
$306.0M
In 2023, CDZI generated $2.0M in revenue, which was a increase of 32.64% from the previous year. This can be seen as a signal that CDZI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Cadiz, Inc. (NASDAQ: CDZI) will participate in the iAccess Alpha Virtual Best Ideas Winter Conference on December 10-11, 2024, with a presentation by CEO Susan Kennedy on December 10.
Why It Matters - Cadiz, Inc.'s upcoming investor presentation and meetings could signal growth opportunities and increased investor interest, potentially impacting stock performance and market perception.
Summary - Cadiz, Inc. announced a $50 million investment from the Lytton Rancheria in its Mojave Groundwater Bank project, marking a historic investment in water infrastructure by Native American tribes.
Why It Matters - The $50 million investment in the Mojave Groundwater Bank signals strong financial backing for water infrastructure, potentially enhancing Cadiz, Inc.'s market position and growth prospects.
Summary - Cadiz (CDZI) reported a quarterly loss of $0.12 per share, slightly worse than the Zacks Consensus Estimate of a $0.11 loss, matching the loss from the same quarter last year.
Why It Matters - Cadiz's larger-than-expected quarterly loss may signal ongoing financial struggles, potentially impacting stock performance and investor sentiment.
Summary - Cadiz, Inc. (NASDAQ: CDZI) will purchase 180 miles of steel pipe from the Keystone XL Project for a new pipeline to connect its groundwater bank in the Mojave Desert to Southwestern U.S. water networks.
Why It Matters - Cadiz, Inc.'s acquisition of unused steel from the Keystone XL Pipeline enhances its infrastructure for groundwater banking, potentially boosting water supply and increasing its asset value.
Summary - Cadiz (CDZI) is unlikely to achieve an earnings beat in its upcoming report due to missing key performance indicators. Investors should prepare for this announcement.
Why It Matters - Cadiz (CDZI) may underperform in its upcoming earnings report, potentially impacting stock performance and investor sentiment. Adjust expectations accordingly.
Summary - Cadiz, Inc. has announced a registered direct offering of 7 million shares at $3.34 each, aiming for gross proceeds of approximately $23.38 million.
Why It Matters - Cadiz, Inc.'s direct offering could strengthen its financial position, raising $23.38 million for growth initiatives, impacting stock valuation and investor confidence.