Brown-Forman Corporation (BF.B)

Brown-Forman Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Brown-Forman stock have an average target of 52.1, with a low estimate of 43 and a high estimate of 65. The average target predicts an increase of 28.55% from the current stock price of 40.53.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$43	$52.1	$52	$65
Change	+6.09%	+28.55%	+28.30%	+60.38%

* Price targets were last updated on Sep 30, 2024.

Analyst Ratings

The average analyst rating for Brown-Forman 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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	1	1	1	1
Buy	1	1	1	1	1	1
Hold	9	9	9	8	8	8
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	0
Total	12	12	12	11	11	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lauren Lieberman Barclays	Barclays	Hold → Buy Upgrades $43 → $53	Hold → Buy	Upgrades	$43 → $53	+30.77%	Sep 30, 2024
Bill Kirk Roth MKM	Roth MKM	Hold Reiterates $49 → $48	Hold	Reiterates	$49 → $48	+18.43%	Sep 3, 2024
Nik Modi RBC Capital	RBC Capital	Hold Reiterates $49	Hold	Reiterates	$49	+20.90%	Aug 30, 2024
Andrea Teixeira JP Morgan	JP Morgan	Hold Maintains $44 → $43	Hold	Maintains	$44 → $43	+6.09%	Aug 20, 2024
Steve Powers Deutsche Bank	Deutsche Bank	Hold Maintains $45 → $44	Hold	Maintains	$45 → $44	+8.56%	Aug 16, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

4.21B

Increased by 0.86%

from 4.18B

Revenue Next Year

4.37B

Increased by 3.61%

from 4.21B

EPS This Year

1.83

Decreased by -14.39%

from 2.14

EPS Next Year

1.94

Increased by 5.99%

from 1.83

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Apr 30, 2020	Apr 30, 2021	Apr 30, 2022	Apr 30, 2023	Apr 30, 2024	Apr 30, 2025	Apr 30, 2026	Apr 30, 2027
Revenue	3.36B	3.46B	3.93B	4.23B	4.18B	4.21B	4.37B	4.62B
Revenue Growth	1.17%	2.91%	13.64%	7.50%	-1.18%	0.86%	3.61%	5.84%
EPS	1.72	1.88	1.74	1.63	2.14	1.83	1.94	2.10
EPS Growth	-0.58%	9.30%	-7.45%	-6.32%	31.29%	-14.39%	5.99%	7.91%
Forward PE	-	-	-	-	-	22.12	20.87	19.34
No. Analysts	-	-	-	-	-	20	19	13

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	4.5B	4.7B	4.9B
Avg	4.2B	4.4B	4.6B
Low	4.0B	4.0B	4.3B

Revenue Growth

Revenue Growth	2025	2026	2027
High	7.3%	10.9%	12.2%
Avg	0.9%	3.6%	5.8%
Low	-5.3%	-3.9%	-1.6%

EPS Forecast

EPS	2025	2026	2027
High	2.03	2.22	2.30
Avg	1.83	1.94	2.10
Low	1.70	1.79	1.94

EPS Growth

EPS Growth	2025	2026	2027
High	-5.3%	20.9%	18.4%
Avg	-14.4%	6.0%	7.9%
Low	-20.8%	-2.1%	-0.1%

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.