Eastside Distilling Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Eastside Distilling stock has a target of 3.50, which predicts an increase of 337.50% from the current stock price of 0.80.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$3.50	$3.50	$3.50	$3.50
Change	+337.50%	+337.50%	+337.50%	+337.50%

* Price targets were last updated on Apr 8, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for EAST is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24
Strong Buy	1	1	1
Buy	0	0	0
Hold	0	0	0
Sell	0	0	0
Strong Sell	0	0	0
Total	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sean McGowan Roth MKM	Roth MKM	Strong Buy Maintains $5 → $3.5	Strong Buy	Maintains	$5 → $3.5	+337.50%	Apr 8, 2024
Sean McGowan Roth MKM	Roth MKM	Strong Buy Maintains $18 → $5	Strong Buy	Maintains	$18 → $5	+525.00%	Aug 24, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

12.56M

from 10.50M

19.61%

from 10.50M

Revenue Next Year

21.79M

from 12.56M

73.48%

from 12.56M

EPS This Year

-2.68

from -7.04

EPS Next Year

-1.10

from -2.68

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	11.63M	14.01M	12.39M	13.88M	10.50M	12.56M	21.79M	27.94M
Revenue Growth	89.86%	20.49%	-11.52%	12.01%	-24.38%	19.61%	73.48%	28.26%
EPS	-36.46	-19.67	-7.10	-21.40	-7.04	-2.68	-1.10	0.15
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	5.23
No. Analysts	-	-	-	-	-	3	3	3

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

Revenue Forecast

Revenue	2024	2025	2026
High	12.9M	22.4M	28.8M
Avg	12.6M	21.8M	27.9M
Low	12.1M	20.9M	26.8M

Revenue Growth

Revenue Growth	2024	2025	2026
High	23.1%	78.6%	32.0%
Avg	19.6%	73.5%	28.3%
Low	14.9%	66.7%	23.2%

EPS Forecast

EPS	2024	2025	2026
High	-2.76	-1.13	0.16
Avg	-2.68	-1.10	0.15
Low	-2.58	-1.06	0.15

EPS Growth

EPS Growth	2024	2025	2026
High	-	-	-
Avg	-	-	-
Low	-	-	-

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.