The Honest Company, Inc. (HNST)
NASDAQ: HNST · IEX Real-Time Price · USD
2.900
-0.090 (-3.01%)
At close: May 17, 2024, 4:00 PM
3.020
+0.120 (4.14%)
After-hours: May 17, 2024, 7:57 PM EDT
The Honest Company Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for The Honest Company stock have an average target of 4.19, with a low estimate of 3.00 and a high estimate of 5.75. The average target predicts an increase of 44.48% from the current stock price of 2.90.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for HNST stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Telsey Advisory Group | Telsey Advisory Group | Hold Maintains $4 | Hold | Maintains | $4 | +37.93% | May 9, 2024 |
| Loop Capital | Loop Capital | Hold Maintains $5 → $3 | Hold | Maintains | $5 → $3 | +3.45% | Apr 19, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Hold Maintains $4 | Hold | Maintains | $4 | +37.93% | Apr 10, 2024 |
| Loop Capital | Loop Capital | Hold Maintains $4 → $5 | Hold | Maintains | $4 → $5 | +72.41% | Mar 14, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $1.85 → $4 | Hold | Maintains | $1.85 → $4 | +37.93% | Mar 7, 2024 |
Financial Forecast
Revenue This Year
364.17M
from 344.37M
Increased by 5.75%
Revenue Next Year
381.93M
from 364.17M
Increased by 4.88%
EPS This Year
-0.16
from -0.42
EPS Next Year
-0.11
from -0.16
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 382.2M | 399.0M | 415.5M | 442.2M | 470.5M |
| Avg | 364.2M | 381.9M | 401.9M | 429.5M | 457.1M |
| Low | 345.1M | 363.6M | 384.6M | 412.7M | 439.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.0% | 9.6% | 8.8% | 10.0% | 9.5% |
| Avg | 5.8% | 4.9% | 5.2% | 6.9% | 6.4% |
| Low | 0.2% | -0.1% | 0.7% | 2.7% | 2.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.05 | -0.02 | -0.01 | 0.11 | 0.25 |
| Avg | -0.16 | -0.11 | -0.04 | 0.10 | 0.24 |
| Low | -0.25 | -0.15 | -0.07 | 0.10 | 0.24 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | 147.1% |
| Avg | - | - | - | - | 140.0% |
| Low | - | - | - | - | 130.6% |
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.