The Chefs' Warehouse, Inc. (CHEF)
NASDAQ: CHEF · IEX Real-Time Price · USD
33.03
+0.61 (1.88%)
Apr 22, 2024, 4:00 PM EDT - Market closed
The Chefs' Warehouse Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for CHEF stock have an average target of 47.67, with a low estimate of 44 and a high estimate of 50. The average target predicts an increase of 44.32% from the current stock price of 33.03.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 16, 2024.
Analyst Ratings
The average analyst rating for CHEF stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy Maintains $35 → $50 | Buy | Maintains | $35 → $50 | +51.38% | Feb 16, 2024 |
| UBS | UBS | Strong Buy Maintains $36 → $44 | Strong Buy | Maintains | $36 → $44 | +33.21% | Feb 15, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $49 | Strong Buy | Reiterates | $49 | +48.35% | Jan 12, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $50 → $35 | Buy | Maintains | $50 → $35 | +5.96% | Nov 3, 2023 |
| UBS | UBS | Strong Buy Initiates $37 | Strong Buy | Initiates | $37 | +12.02% | Sep 25, 2023 |
Financial Forecast
Revenue This Year
3.80B
from 3.43B
Increased by 10.61%
Revenue Next Year
4.07B
from 3.80B
Increased by 7.14%
EPS This Year
1.33
from 0.88
Increased by 51.26%
EPS Next Year
1.67
from 1.33
Increased by 25.34%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.9B | 4.2B | 4.5B | 4.7B | 5.1B |
| Avg | 3.8B | 4.1B | 4.4B | 4.6B | 5.0B |
| Low | 3.6B | 3.8B | 4.2B | 4.4B | 4.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.8% | 11.5% | 11.5% | 8.2% | 11.2% |
| Avg | 10.6% | 7.1% | 7.9% | 5.1% | 8.0% |
| Low | 4.2% | 0.6% | 3.2% | 1.0% | 3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.52 | 1.80 | 2.32 | 2.28 | 2.72 |
| Avg | 1.33 | 1.67 | 2.02 | 2.21 | 2.64 |
| Low | 1.15 | 1.39 | 1.71 | 2.13 | 2.54 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 73.0% | 34.9% | 39.1% | 12.8% | 22.9% |
| Avg | 51.3% | 25.3% | 21.0% | 9.6% | 19.4% |
| Low | 30.3% | 4.5% | 2.8% | 5.3% | 14.7% |
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.