Solo Brands, Inc. (DTC)
NYSE: DTC · Real-Time Price · USD
1.295
+0.065 (5.28%)
Nov 4, 2024, 12:58 PM EST - Market open
Solo Brands Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Solo Brands stock have an average target of 2.77, with a low estimate of 1.35 and a high estimate of 4.00. The average target predicts an increase of 113.90% from the current stock price of 1.30.
Analyst Consensus: Hold
* Price targets were last updated on Sep 30, 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Hold | 7 | 7 | 7 | 7 | 7 | 7 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $3 | Strong Buy | Maintains | $3 | +131.66% | Sep 30, 2024 |
| Citigroup | Citigroup | Hold Maintains $2.5 → $1.35 | Hold | Maintains | $2.5 → $1.35 | +4.25% | Aug 8, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $5 → $3 | Strong Buy | Maintains | $5 → $3 | +131.66% | Aug 8, 2024 |
| Jefferies | Jefferies | Hold Maintains $4 → $3.05 | Hold | Maintains | $4 → $3.05 | +135.52% | Mar 15, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Reiterates $4 → $2.2 | Hold | Reiterates | $4 → $2.2 | +69.88% | Mar 15, 2024 |
Financial Forecast
Revenue This Year
480.07M
from 494.78M
Decreased by -2.97%
Revenue Next Year
492.75M
from 480.07M
Increased by 2.64%
EPS This Year
0.27
from -1.84
EPS Next Year
0.41
from 0.27
Increased by 52.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 506.6M | 524.1M | 557.8M | |
| Avg | 480.1M | 492.8M | 525.6M | |
| Low | 460.6M | 467.5M | 499.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.4% | 9.2% | 13.2% | |
| Avg | -3.0% | 2.6% | 6.7% | |
| Low | -6.9% | -2.6% | 1.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.38 | 0.61 | 0.71 | |
| Avg | 0.27 | 0.41 | 0.64 | |
| Low | 0.19 | 0.22 | 0.57 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 127.2% | 74.5% | |
| Avg | - | 52.6% | 55.6% | |
| Low | - | -19.6% | 39.1% |
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.