Clover Health Investments (CLOV) stock forecast for 2023
Last update: September 20, 2023 (11:09)
Sector: HealthcareThe share price of Clover Health Investments, Corp. (CLOV) now
50/200 Day Moving Average: $1.159 / $1.061
This figure corresponds to the Average Price over the previous 50/200 days. For Clover Health Investments stocks, the 50-day moving average is the resistance level today.
For Clover Health Investments stocks, the 200-day moving average is the resistance level today.
Are you interested in Clover Health Investments stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Clover Health Investments stock price in 2023. How much will one Clover Health Investments share be worth in 2023? Is it worth taking profit / loss on Clover Health Investments stock now or waiting? What are analysts' forecasts for Clover Health Investments stock?
We forecast Clover Health Investments stock performance using neural networks based on historical data on Clover Health Investments stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. The Clover Health Investments stock prediction results are shown below and presented as a graph, table and text information.
Clover Health Investments stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Clover Health Investments analysts is $1.65.
Today 200 Day Moving Average is the support level (1.061 $).
50 Day Moving Average is the support level (1.159 $).
Historical and forecast chart of Clover Health Investments stock
The chart below shows the historical price of Clover Health Investments stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Clover Health Investments stock price can be found in the table below.
Clover Health Investments (CLOV) Forecast for 2023
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Oct | 1.07 | 1.00 | 1.28 | 21.79 % |
| Nov | 1.28 | 1.16 | 1.41 | 18.06 % |
| Dec | 1.32 | 1.25 | 1.40 | 10.62 % |
Clover Health Investments information and performance
Clover Health Investments, Corp. is a provider of health insurance programs. The company offers hospital, medical and private insurance services. Clover Health Investments serves clients in the United States.
317 UNIVERSITY AVENUE, SUITE 200, PALO ALTO, CA, US
Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.
EBITDA is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Clover Health Investments price target for 2023 by month
Target values for the price of one Clover Health Investments share for Oct 2023.
In Oct, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 21.789% volatility is expected.
Pessimistic target level: 1.00
Optimistic target level: 1.28
Target values for the price of one Clover Health Investments share for Nov 2023.
In Nov, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 18.056% volatility is expected.
Pessimistic target level: 1.16
Optimistic target level: 1.41
Target values for the price of one Clover Health Investments share for Dec 2023.
In Dec, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 10.617% volatility is expected.
Pessimistic target level: 1.25
Optimistic target level: 1.40