Brown-Forman Stock Forecast

Stock Price Forecast

According to 18 analysts polled by S&P Global, Brown-Forman stock has a consensus rating of "Hold" and an average price target of $28.26. The average 1-year stock price forecast is 3.91% lower than the current stock price, while the lowest is $20 (-32.00%) and the highest is $35 (+19.01%).

Price Target: $28.26 (-3.91%)

Analyst Consensus: Hold

Price Target

Chart

Target	Low	Average	Median	High
Price	$20	$28.26	$28	$35
Change	-32.00%	-3.91%	-4.79%	+19.01%

* Price targets were last updated on Sep 18, 2026.

Analyst Ratings

The average analyst rating for Brown-Forman stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart

Rating	May '26	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26
Strong Buy	1	1	1	1	1	1
Buy	2	1	1	1	1	1
Hold	11	13	13	13	12	12
Sell	3	2	2	2	2	2
Strong Sell	0	1	2	2	2	2
Total	17	18	19	19	18	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Eric Serotta Morgan Stanley	Morgan Stanley	Sell Maintains $23	Sell	Maintains	$23	-21.80%	Sep 18, 2026
Lauren Lieberman Barclays	Barclays	Hold Maintains $28	Hold	Maintains	$28	-4.79%	Sep 4, 2026
Drew Levine J.P. Morgan	J.P. Morgan	Sell Maintains $26 → $25	Sell	Maintains	$26 → $25	-14.99%	Sep 3, 2026
Gerald Pascarelli Needham	Needham	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Sep 3, 2026
Nik Modi RBC Capital	RBC Capital	Hold Maintains $27	Hold	Maintains	$27	-8.19%	Sep 3, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

3.93B

from 3.93B

0.16%

from 3.93B

Revenue Next Year

4.01B

from 3.93B

1.83%

from 3.93B

EPS This Year

1.69

from 1.53

10.67%

from 1.53

EPS Next Year

1.71

from 1.69

1.22%

from 1.69

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Apr 30, 2022	Apr 30, 2023	Apr 30, 2024	Apr 30, 2025	Apr 30, 2026	Apr 30, 2027
Revenue	3.93B	4.23B	4.18B	3.98B	3.93B	3.93B
Revenue Growth	13.64%	7.50%	-1.18%	-4.86%	-1.18%	0.16%
Gross Profit	2.39B	2.49B	2.53B	2.35B	2.38B	2.32B
Gross Margin	60.79%	58.99%	60.46%	59.02%	60.54%	59.04%
Operating Income	1.24B	1.18B	1.14B	1.16B	1.10B	1.08B
Net Income	838.00M	783.00M	1.02B	869.00M	715.00M	769.35M
EPS	-	-	-	-	1.53	1.69
EPS Growth	-	-	-	-	-16.85%	10.67%
Forward PE	36.42	32.72	24.73	19.48	15.24	17.37
Dividend / Share	0.74	0.79	0.85	0.89	0.92	0.95
Dividend Growth	4.01%	7.07%	7.44%	4.96%	2.97%	3.85%
Free Cash Flow	-	-	-	-	893.00M	741.35M
No. Analysts	-	-	-	-	-	17

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	4.0B
Avg	3.9B
Low	3.9B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	1.4%
Avg	0.2%
Low	-1.7%

EPS Forecast

Chart

EPS	2027	2028	2029
High	1.80
Avg	1.69
Low	1.45

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	17.6%
Avg	10.7%
Low	-5.2%