From what 0 stock analysts predict, the share price for CLPS Inc (CLPS) might decrease by 100% in the next year. This is based on a 12-month average estimation for CLPS. Price targets go from $ to $. The majority of stock analysts believe CLPS is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
CLPS is a stock in Technology which has been forecasted to be worth $ as an average. On the higher end, the forecast price is $ USD by from and on the lower end CLPS is forecasted to be $ by from .
These are the latest 20 analyst ratings of CLPS.
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When did it IPO
2018
Staff Count
3,325
Country
Hong Kong
Sector/Industry
Technology/Information Technology Services
CEO
Mr. Ming Hui Lin
Market Cap
$31.0M
In 2023, CLPS generated $150.4M in revenue, which was a decrease of -1.10% from the previous year. This can be seen as a signal that CLPS's business is declining, and its share price could be worth less 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 - CLPS Incorporation has appointed Ms. Sarah Wu as a Non-Executive Director of its wholly-owned subsidiary, Qinson Credit Card Services Limited, effective Nov. 22, 2024.
Why It Matters - The appointment of Sarah Wu as a Non-Executive Director may indicate strategic shifts or new governance perspectives at CLPS, potentially affecting its operational direction and market confidence.
Summary - CLPS Incorporation (Nasdaq: CLPS) declared a special cash dividend of $0.13 per share, payable on November 12, 2024, to shareholders of record by November 4, 2024.
Why It Matters - CLPS's declaration of a special cash dividend signals financial stability and commitment to returning value to shareholders, potentially boosting investor confidence and stock demand.
Summary - CLPS Incorporation (Nasdaq: CLPS) reported its financial results for the six months ending June 30, 2024, and the full fiscal year, facing challenges from global economic uncertainties and layoffs.
Why It Matters - CLPS's fiscal results amid economic challenges and layoffs could signal financial instability, impacting stock performance and investor confidence in its growth prospects.
Summary - CLPS Incorporation (Nasdaq: CLPS) will release its fiscal 2024 second half and full-year financial results on October 18, 2024, before market opens. The company specializes in IT consulting services.
Why It Matters - CLPS's upcoming financial results release can impact stock performance, reflecting the company's growth and operational health in key sectors like banking and e-commerce.
Summary - CLPS Incorporation has received notification from Nasdaq confirming it has regained compliance with the minimum bid price requirement.
Why It Matters - CLPS's compliance with Nasdaq's minimum bid price requirement enhances its stock stability, potentially attracting more investors and boosting market confidence.
Summary - CLPS Incorporation has launched its wholly-owned learning institution, the College of Allied Educators, in Singapore, marking a significant expansion for the company.
Why It Matters - CLPS's new Singapore learning institution expands its market presence, potentially increasing revenue streams and enhancing growth prospects, which can positively affect stock performance.