Solo Brands, Inc. (DTC)
NYSE: DTC · IEX Real-Time Price · USD
2.350
+0.020 (0.86%)
At close: Jul 19, 2024, 4:00 PM
2.310
-0.040 (-1.70%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
Solo Brands Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Solo Brands stock have an average target of 3.38, with a low estimate of 2.20 and a high estimate of 5.00. The average target predicts an increase of 43.83% from the current stock price of 2.35.
Analyst Consensus: Hold
* Price targets were last updated on Mar 15, 2024.
Analyst Ratings
The average analyst rating for Solo Brands stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 1 | 1 | 1 | 1 | 0 |
| Hold | 5 | 7 | 7 | 7 | 7 | 7 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $4 → $3.05 | Hold | Maintains | $4 → $3.05 | +29.79% | Mar 15, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Reiterates $4 → $2.2 | Hold | Reiterates | $4 → $2.2 | -6.38% | Mar 15, 2024 |
| Piper Sandler | Piper Sandler | Hold Reiterates $4 → $3 | Hold | Reiterates | $4 → $3 | +27.66% | Mar 15, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $6 → $5 | Strong Buy | Maintains | $6 → $5 | +112.77% | Mar 13, 2024 |
| Citigroup | Citigroup | Hold Maintains $4 → $3 | Hold | Maintains | $4 → $3 | +27.66% | Mar 6, 2024 |
Financial Forecast
Revenue This Year
504.24M
from 494.78M
Increased by 1.91%
Revenue Next Year
525.37M
from 504.24M
Increased by 4.19%
EPS This Year
0.47
from -1.84
EPS Next Year
0.53
from 0.47
Increased by 12.50%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 533.5M | 575.7M | 613.4M | 653.8M |
| Avg | 504.2M | 525.4M | 573.4M | 628.9M |
| Low | 483.5M | 488.0M | 540.3M | 610.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 7.8% | 14.2% | 16.8% | 14.0% |
| Avg | 1.9% | 4.2% | 9.1% | 9.7% |
| Low | -2.3% | -3.2% | 2.8% | 6.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.64 | 0.80 | 0.78 | 0.91 |
| Avg | 0.47 | 0.53 | 0.72 | 0.88 |
| Low | 0.29 | 0.32 | 0.67 | 0.85 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 70.3% | 47.4% | 27.0% |
| Avg | - | 12.5% | 36.4% | 22.2% |
| Low | - | -31.0% | 27.2% | 18.6% |
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.