CTE (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Cambridge Technology Enterprises Limited |
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Price: ₹107.14 | ||
| 52 Week Low: ₹72.85 52 Week High: ₹147.60 |
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| Market Capital: 162.76 Crore (Smallcap) | |||
| Technology -> Information Technology Services | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: CTE Share Price Target For 2024
- 1.1.1: CTE Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: CTE Share Price Target For 2025
- 1.2.1: CTE Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: CTE Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: CTE Brief Company Overview
- 4: CTE Financial Performance
- 4.0.1: Is CTE A Good Buy For Long Term?
To predict the CTE's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
CTE Share Price Target For 2024
The line chart displays the monthly closing prices of CTE with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for CTE shares in 2024, see the table below.
CTE Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 113.44 (+5.88%) | Price Action: Sep 2016 Low |
| 2024 Target 2 | 112.0 (+4.53%) | Price Action: 23 Dec 2024 High |
| 2024 Target 1 | 110.69 (+3.31%) | Price Action: Feb 2024 High |
| Current Price | 107.14 | CTE's share price as of 23 Dec 2024 |
| Stop Loss 1 | 104.4 (-2.56%) | Price Action: Feb 2017 High |
| Stop Loss 2 | 102.65 (-4.2%) | Price Action: 13 Dec 2024 Low |
| Stop Loss 3 | 99.99 (-6.68%) | Price Action: 11 Nov 2024 High |
Short-Term Technical Outlook
Current Technical Position: CTE is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹97.06 serves as the nearest technical reference point.
Historical Returns: 3-month: -3.34% | 6-month: -16.88% | 1-year: +40.25%
CTE Share Price Target For 2025
The line chart displays the monthly closing prices of CTE with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for CTE shares in 2025, see the table below.
CTE Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 163.78 (+52.86%) | Price Action: Chart |
| 2025 Target 2 | 160.73 (+50.01%) | Price Action: Chart |
| 2025 Target 1 | 159.14 (+48.53%) | Fibonacci Extension Level 64.90% |
| Current Price | 107.14 | CTE's share price as of 23 Dec 2024 |
| Stop Loss 1 | 94.99 (-11.35%) | Price Action: 28 Oct 2024 High |
| Stop Loss 2 | 94.0 (-12.27%) | Price Action: 31 Oct 2024 Low |
| Stop Loss 3 | 93.01 (-13.19%) | Price Action: 01 Nov 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: CTE is currently trading at 45.9% of its 52-week range (₹72.85 - ₹147.6).
Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.
Long-Term Performance: 1-year: +40.25% | 3-year: +26.87% | 5-year: +308.95%
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Approach 2: Machine Learning By Studying Historical Prices
CTE Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹107.14 | ||
| 2024 | ₹98.30 | -8.25% | ₹99.77 |
| 2025 | ₹100.61 | +2.34% | ₹102.12 |
| 2026 | ₹111.81 | +11.13% | ₹113.49 |
| 2027 | ₹104.64 | -6.41% | ₹106.21 |
| 2028 | ₹110.34 | +5.44% | ₹112.00 |
| 2029 | ₹105.19 | -4.66% | ₹106.77 |
| 2030 | ₹107.56 | +2.25% | ₹109.17 |
| 2031 | ₹119.44 | +11.04% | ₹121.23 |
| 2032 | ₹111.68 | -6.49% | ₹119.94 |
| 2033 | ₹117.66 | +5.35% | ₹124.82 |
| 2034 | ₹112.08 | -4.74% | ₹126.78 |
| 2035 | ₹114.51 | +2.16% | ₹128.75 |
| 2036 | ₹127.06 | +10.95% | ₹130.71 |
| 2037 | ₹118.72 | -6.56% | ₹127.58 |
| 2038 | ₹124.99 | +5.28% | ₹132.67 |
| 2039 | ₹118.32 | -5.33% | ₹134.63 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
CTE Brief Company Overview
Cambridge Technology Enterprises Limited: A Leader in Service-Oriented Architecture Solutions Cambridge Technology Enterprises Limited (CTEL) is a leading provider of service-oriented architecture (SOA)-based enterprise transformation and integration solutions and services....
With over two decades of experience, CTEL has established a strong reputation in the industry. CTEL's key products and services include pre-built and pre-integrated artificial intelligence and machine learning solutions, robust application design and development, IT infrastructure management, and cloud and IoT services. The company's diverse product range caters to a wide range of industries, including healthcare, banking, manufacturing, and retail. CTEL is committed to providing its clients with cutting-edge technology solutions that drive business growth and efficiency. The company's global presence, with operations in India, the United States, Qatar, Malaysia, and the Philippines, enables it to serve clients around the world.CTE Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 162.76 Crore | Market valuation of CTE's shares. |
| Revenue (TTM) | 212.72 Crore | Total revenue generated by CTE over the past twelve months. |
| Net Income (TTM) | +49.45 Lakh | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -13.66% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +0.23% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+1.9% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio |
106.69 | Company's total debt divided by total shareholder equity. |
| Total Debt | 119.99 Crore | Sum of CTE's current & long-term financial obligations. |
| Total Cash | 54.96 Crore | Total amount of liquid funds available to CTE. |
| Beta | 0.32 | Beta is less than 1 indicating that the CTE's price is less volatile than the market. |
Is CTE A Good Buy For Long Term?
CTE, a small-cap stock with a market capitalization of ₹162.76 crore, presents a mixed picture for long-term investors. While its past 5-year returns (101.24%) are impressive, recent performance shows a decline (-28.29% in the last 3 months). A significant debt of ₹119.99 crore against a cash balance of ₹54.96 crore (Q1 2024-25) raises concerns. The extremely low profit margin of 0.23% on a revenue of ₹212.72 crore (TTM) is alarming. Considering these factors, CTE is not a good buy for long-term investment at this time. Further analysis is needed before considering this stock.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
