▲ +1.26% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Cubic in the last 3 months. The average price target is $60.71, with a high forecast of $65.00 and a low forecast of $52.00. The average price target represents a 1.26% upside from the last price of $59.96.
The current consensus among 7 investment analysts is to buy stock in Cubic.
Cubic Corporation designs, integrates, and operates systems, products, and services for command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) customers worldwide. The company operates through three segments: Cubic Transportation Systems (CTS), Cubic Mission Solutions (CMS), and Cubic Global Defense Systems (CGD). The CTS segment integrates payment and information technology and services for intelligent travel solutions. It delivers integrated systems for transportation and traffic management; and tools for travelers to choose the smartest and easiest way to travel and pay for their journeys, as well as enables transportation authorities and agencies to manage demand across the entire transportation network. The CMS segment offers networked C4ISR solutions for defense, intelligence, security, and commercial missions. The CGD Systems segment supplies live, virtual, constructive, and game-based training solutions to the U.S. Department of Defense, other U.S. government agencies, and allied nations. Cubic Corporation has a partnership agreement with the University of Alabama in Huntsville (UAH) College of Nursing to develop and test an emergency ventilator device. The company was incorporated in 1949 and is headquartered in San Diego, California.