10 Cheap Software Stocks to Buy According to Analysts

5. Consensus Cloud Solutions, Inc. (NASDAQ:CCSI)

Forward P/E Ratio: 4.17

Analyst Upside: 34.36%

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) and its subsidiaries provide global information delivery services via a software-as-a-service platform. Its technology enables organizations to simplify client interactions across several channels such as phone, chat, and email.

On February 18, BTIG analyst David Larsen boosted Consensus Cloud Solutions, Inc.’s (NASDAQ:CCSI) price target to $37 from $32, maintaining a Buy rating on the stock. The firm spoke with CEO Scott Turicchi and feels that the company has not just turned a corner, but is gaining market share. BTIG notes that the company’s corporate revenue growth should remain at the 5%+ level while its innovative AI-driven solutions, including Clarity, jsign, Harmony, and Unite, gain traction.

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) announced fourth-quarter earnings of $1.32, $0.14 higher than analysts’ expectations of $1.18. The quarter’s revenue came in at $86.98 million, compared to the average expectation of $84.49 million. In addition, Consensus Cloud Solutions has set revenue expectations for 2025 at $343 million to $357 million, with a midpoint of $350 million. The company’s adjusted EBITDA target ranges from $179 million to $190 million. It also expects corporate revenue growth of 6% to 6.5%, with a 9.5% fall in its SOHO division.