Stifel analyst Shlomo Rosenbaum maintains a "Buy" rating for CSG Systems Intl (CSGS) and raises the price target from $66 to $70, a 6.06% increase. The updated rating follows a previous coverage initiation by Wolfe Research. Analysts forecast an average target price of $76.63, with a high estimate of $85.00 and a low estimate of $70.00.
Shares of CSG Systems Intl (CSGS) have received an updated analyst rating from Stifel, with analyst Shlomo Rosenbaum maintaining a "Buy" rating while raising the price target from $66 to $70. This represents a 6.06% increase, reflecting a positive outlook for the company in the near term [1].
This latest update follows a previous coverage initiation by Wolfe Research, which had initiated coverage with a "Peer Perform" rating on July 8, 2025 [3]. Analysts' forecasts indicate an average target price of $76.63, with a high estimate of $85.00 and a low estimate of $70.00. The consensus recommendation from 10 brokerage firms is an "Outperform" status, suggesting a favorable market sentiment [1].
CSG Systems International Inc is a purpose-driven, SaaS platform company that empowers businesses to tackle the growing complexity of digital transformation. The company's cloud-first architecture and customer-centric approach enable seamless connections for B2B, B2C, and B2B2X customers [1].
CSG Systems International recently reported strong financial performance for the second quarter of 2025. The company beat revenue expectations with a reported revenue of $297.1 million compared to the FactSet estimate of $266.5 million [2]. Additionally, the company posted an adjusted EPS of $1.16 per share, exceeding the FactSet estimate of $1.05 [2].
The company's stock has been added to various Russell Indexes, reflecting its strong performance and market recognition. CSG Systems International was added to the Russell 3000 Value Index, Russell 2000 Value-Defensive Index, and other value-focused indexes in June 2025 [3].
CSG Systems International has also expanded its collaboration with Amazon Web Services to enhance cloud technology, further strengthening its position in the market [3]. The company's quarterly dividend remains at $0.32 per share, payable on July 2, 2025 [3].
The updated analyst rating and positive financial performance indicate a strong outlook for CSG Systems Intl (CSGS) in the near term. Investors and financial professionals should closely monitor the company's progress and market performance.
References:
[1] https://www.gurufocus.com/news/3049991/csgs-stifel-raises-price-target-to-70-while-maintaining-buy-rating-csgs-stock-news
[2] https://www.marketscreener.com/news/earnings-flash-csgs-csg-systems-international-inc-posts-q2-adjusted-eps-1-16-per-share-vs-fac-ce7c5ededb8bf323
[3] https://www.marketscreener.com/news/csg-systems-beats-q2-revenue-expectations-ce7c5ededb8cf720
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