Solo Brands, Inc. (DTC)
NYSE: DTC · Real-Time Price · USD
1.270
+0.080 (6.72%)
Nov 22, 2024, 4:00 PM EST - Market closed
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 118.11% from the current stock price of 1.27.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 0 | 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 | 9 | 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 | +136.22% | Sep 30, 2024 |
| Citigroup | Citigroup | Hold Maintains $2.5 → $1.35 | Hold | Maintains | $2.5 → $1.35 | +6.30% | Aug 8, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $5 → $3 | Strong Buy | Maintains | $5 → $3 | +136.22% | Aug 8, 2024 |
| Jefferies | Jefferies | Hold Maintains $4 → $3.05 | Hold | Maintains | $4 → $3.05 | +140.16% | Mar 15, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Reiterates $4 → $2.2 | Hold | Reiterates | $4 → $2.2 | +73.23% | Mar 15, 2024 |
Financial Forecast
Revenue This Year
479.37M
from 494.78M
Decreased by -3.11%
Revenue Next Year
488.94M
from 479.37M
Increased by 2.00%
EPS This Year
0.27
from -1.84
EPS Next Year
0.37
from 0.27
Increased by 40.48%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 503.0M | 527.4M | 561.2M | |
| Avg | 479.4M | 488.9M | 527.3M | |
| Low | 460.6M | 466.2M | 499.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.7% | 10.0% | 14.8% | |
| Avg | -3.1% | 2.0% | 7.8% | |
| Low | -6.9% | -2.7% | 2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.38 | 0.60 | 0.61 | |
| Avg | 0.27 | 0.37 | 0.47 | |
| Low | 0.20 | 0.18 | 0.34 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 124.5% | 62.9% | |
| Avg | - | 40.5% | 25.5% | |
| Low | - | -33.8% | -8.4% |
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.