Burlington Stores Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Burlington Stores stock have an average target of 223.59, with a low estimate of 126 and a high estimate of 270. The average target predicts an increase of 23.70% from the current stock price of 180.75.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$126	$223.59	$233	$270
Change	-30.29%	+23.70%	+28.91%	+49.38%

* Price targets were last updated on Mar 11, 2024.

Analyst Ratings

The average analyst rating for BURL stock from 17 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	6	6	5	5	5	5
Buy	8	8	9	9	9	9
Hold	3	3	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	18	18	17	17	17	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brooke Roach Goldman Sachs	Goldman Sachs	Strong Buy Maintains $202 → $256	Strong Buy	Maintains	$202 → $256	+41.63%	Mar 11, 2024
Lorraine Hutchinson B of A Securities	B of A Securities	Strong Buy Maintains $245 → $250	Strong Buy	Maintains	$245 → $250	+38.31%	Mar 8, 2024
Alex Straton Morgan Stanley	Morgan Stanley	Buy Maintains $222 → $233	Buy	Maintains	$222 → $233	+28.91%	Mar 8, 2024
Michael Binetti Evercore ISI Group	Evercore ISI Group	Buy Maintains $235 → $250	Buy	Maintains	$235 → $250	+38.31%	Mar 8, 2024
Edward Yruma Piper Sandler	Piper Sandler	Buy Maintains $240 → $270	Buy	Maintains	$240 → $270	+49.38%	Mar 8, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

10.87B

from 9.73B

11.74%

from 9.73B

Revenue Next Year

11.96B

from 10.87B

10.04%

from 10.87B

EPS This Year

7.61

from 5.23

45.46%

from 5.23

EPS Next Year

9.37

from 7.61

23.23%

from 7.61

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	7.29B	5.76B	9.32B	8.70B	9.73B	10.87B	11.96B	12.91B	14.16B	15.39B
Revenue Growth	9.27%	-20.89%	61.73%	-6.65%	11.78%	11.74%	10.04%	7.98%	9.66%	8.69%
EPS	6.91	-3.28	6.00	3.49	5.23	7.61	9.37	11.17	14.27	16.43
EPS Growth	14.40%	-	-	-41.83%	49.86%	45.46%	23.23%	19.20%	27.70%	15.15%
No. Analysts	-	-	-	-	-	23	22	11	3	3

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	11.3B	12.7B	13.8B	14.6B	15.8B
Avg	10.9B	12.0B	12.9B	14.2B	15.4B
Low	10.3B	11.3B	10.6B	13.6B	14.8B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	16.6%	16.9%	15.5%	12.9%	11.9%
Avg	11.7%	10.0%	8.0%	9.7%	8.7%
Low	5.5%	3.6%	-11.6%	5.4%	4.4%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	8.09	10.19	12.84	14.69	16.92
Avg	7.61	9.37	11.17	14.27	16.43
Low	7.06	8.50	6.76	13.71	15.79

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	54.6%	33.9%	37.0%	31.5%	18.5%
Avg	45.5%	23.2%	19.2%	27.7%	15.2%
Low	34.9%	11.7%	-27.9%	22.7%	10.6%

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.