Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.340-1.440 for the period, compared to the consensus estimate of 1.440. The company issued revenue guidance of $89.2 million-$93.2 million, compared to the consensus revenue estimate of $89.6 million. Consensus Cloud Solutions also updated its FY 2026 guidance to 5.550-5.950 EPS.
Analysts Set New Price Targets
Several research firms recently weighed in on CCSI. Wall Street Zen raised Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a report on Sunday, May 17th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Consensus Cloud Solutions in a report on Tuesday. BTIG Research increased their target price on Consensus Cloud Solutions from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Finally, Oppenheimer upped their price objective on Consensus Cloud Solutions from $32.00 to $35.00 and gave the company an “outperform” rating in a research note on Tuesday, May 12th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Consensus Cloud Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $38.33.
Check Out Our Latest Stock Analysis on CCSI
Consensus Cloud Solutions Trading Down 2.2%
Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.48 by $0.01. The business had revenue of $91.36 million during the quarter, compared to the consensus estimate of $89.63 million. Consensus Cloud Solutions had a return on equity of 5,736.13% and a net margin of 25.09%.Consensus Cloud Solutions has set its Q3 2026 guidance at 1.340-1.440 EPS and its FY 2026 guidance at 5.550-5.950 EPS. On average, research analysts predict that Consensus Cloud Solutions will post 5.08 EPS for the current fiscal year.
Insider Buying and Selling at Consensus Cloud Solutions
In other Consensus Cloud Solutions news, Director Elaine Healy sold 4,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $34.27, for a total transaction of $137,080.00. Following the completion of the sale, the director owned 27,658 shares of the company’s stock, valued at approximately $947,839.66. This represents a 12.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 3.65% of the company’s stock.
Hedge Funds Weigh In On Consensus Cloud Solutions
Hedge funds have recently bought and sold shares of the company. Heron Bay Capital Management grew its holdings in Consensus Cloud Solutions by 4.1% during the 4th quarter. Heron Bay Capital Management now owns 1,253,487 shares of the company’s stock worth $27,351,000 after acquiring an additional 49,761 shares during the period. State Street Corp lifted its stake in shares of Consensus Cloud Solutions by 3.4% in the 4th quarter. State Street Corp now owns 497,026 shares of the company’s stock valued at $10,845,000 after purchasing an additional 16,421 shares during the period. New South Capital Management Inc. lifted its stake in shares of Consensus Cloud Solutions by 9.5% in the 4th quarter. New South Capital Management Inc. now owns 470,453 shares of the company’s stock valued at $10,265,000 after purchasing an additional 40,879 shares during the period. AQR Capital Management LLC boosted its position in shares of Consensus Cloud Solutions by 1.1% during the 4th quarter. AQR Capital Management LLC now owns 335,431 shares of the company’s stock valued at $7,319,000 after purchasing an additional 3,784 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Consensus Cloud Solutions by 8.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 321,617 shares of the company’s stock valued at $7,018,000 after purchasing an additional 24,741 shares in the last quarter. Institutional investors own 93.93% of the company’s stock.
Consensus Cloud Solutions Company Profile
Consensus Cloud Solutions (NASDAQ: CCSI) is a provider of cloud consulting and managed services focused on helping organizations accelerate digital transformation. The company specializes in designing, deploying and supporting cloud architectures that leverage leading public and private cloud platforms, including infrastructure as a service (IaaS), platform as a service (PaaS) and software as a service (SaaS) environments. Its end-to-end approach encompasses strategy, implementation and ongoing optimization to align technology investments with business objectives.
The firm’s core offerings include cloud migration and deployment, application modernization, data analytics and cybersecurity solutions.
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