Solo Brands, Inc. (DTC)
NYSE: DTC · IEX Real-Time Price · USD
2.020
-0.020 (-0.98%)
May 17, 2024, 4:00 PM EDT - Market closed
Solo Brands Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Solo Brands stock have an average target of 3.38, with a low estimate of 2.20 and a high estimate of 5.00. The average target predicts an increase of 67.33% from the current stock price of 2.02.
Analyst Consensus: Hold
* Price targets were last updated on Mar 15, 2024.
Analyst Ratings
The average analyst rating for Solo Brands stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 1 | 1 | 1 |
| Hold | 1 | 5 | 5 | 7 | 7 | 7 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 9 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $4 → $3.05 | Hold | Maintains | $4 → $3.05 | +50.99% | Mar 15, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Reiterates $4 → $2.2 | Hold | Reiterates | $4 → $2.2 | +8.91% | Mar 15, 2024 |
| Piper Sandler | Piper Sandler | Hold Reiterates $4 → $3 | Hold | Reiterates | $4 → $3 | +48.51% | Mar 15, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $6 → $5 | Strong Buy | Maintains | $6 → $5 | +147.52% | Mar 13, 2024 |
| Citigroup | Citigroup | Hold Maintains $4 → $3 | Hold | Maintains | $4 → $3 | +48.51% | Mar 6, 2024 |
Financial Forecast
Revenue This Year
499.77M
from 494.78M
Increased by 1.01%
Revenue Next Year
519.94M
from 499.77M
Increased by 4.04%
EPS This Year
0.48
from -1.84
EPS Next Year
0.55
from 0.48
Increased by 16.24%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 525.0M | 564.5M | 601.7M | 641.7M |
| Avg | 499.8M | 519.9M | 567.3M | 617.2M |
| Low | 480.2M | 488.0M | 539.4M | 598.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 6.1% | 12.9% | 15.7% | 13.1% |
| Avg | 1.0% | 4.0% | 9.1% | 8.8% |
| Low | -2.9% | -2.3% | 3.7% | 5.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.62 | 0.74 | 0.75 | 0.87 |
| Avg | 0.48 | 0.55 | 0.70 | 0.84 |
| Low | 0.30 | 0.32 | 0.67 | 0.81 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 54.6% | 34.9% | 24.1% |
| Avg | - | 16.2% | 27.1% | 19.3% |
| Low | - | -32.0% | 20.8% | 15.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.