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AltIndex ? We found that AltIndex is the most accurate stock predictor for 2023. Unlike other providers in this space, AltIndex relies on alternative data points, such as social media sentiment and website analytics. It also uses artificial intelligence to convert its findings into risk-averse stock picks.
Based on analyst ratings, Certara's 12-month average price target is $18.71. Certara has 41.10% upside potential, based on the analysts' average price target. Certara has a conensus rating of Moderate Buy which is based on 3 buy ratings, 5 hold ratings and 0 sell ratings. The average price target for Certara is $18.71.
To predict earnings, most analysts build financial models that estimate prospective revenues and costs. Many analysts will incorporate top-down factors such as economic growth rates, currencies and other macroeconomic factors that influence corporate growth.
This method of predicting future price of a stock is based on a basic formula. The formula is shown above (P/E x EPS = Price). ing to this formula, if we can accurately predict a stock's future P/E and EPS, we will know its accurate future price.
To calculate your price target, you'll need to work out the stock's forward PE ratio. A forward PE ratio is how much you expect the earnings-per-share of a stock to change over the next 12 months. You can find your forward PE ratio by dividing current price per share by your EPS forecast over the next 12 months.