Envela Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Envela stock has a target of 7.00, which predicts a decrease of -5.79% from the current stock price of 7.43.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$7.00	$7.00	$7.00	$7.00
Change	-5.79%	-5.79%	-5.79%	-5.79%

* Price targets were last updated on Nov 6, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Envela 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
Mark Argento Lake Street	Lake Street	Strong Buy Maintains $6 → $7	Strong Buy	Maintains	$6 → $7	-5.79%	Nov 6, 2024
Mark Argento Lake Street	Lake Street	Strong Buy Initiates $10	Strong Buy	Initiates	$10	+34.59%	Jul 28, 2021

More Analyst Ratings

Financial Forecast

Revenue This Year

165.78M

from 171.67M

-3.43%

from 171.67M

Revenue Next Year

182.47M

from 165.78M

10.07%

from 165.78M

EPS This Year

0.21

from 0.27

-21.35%

from 0.27

EPS Next Year

0.36

from 0.21

72.77%

from 0.21

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	82.02M	113.92M	140.97M	182.69M	171.67M	165.78M	182.47M
Revenue Growth	51.74%	38.89%	23.74%	29.60%	-6.03%	-3.43%	10.07%
EPS	0.10	0.24	0.37	0.58	0.27	0.21	0.36
EPS Growth	400.00%	137.11%	56.05%	56.76%	-54.06%	-21.35%	72.77%
Forward PE	-	-	-	-	-	35.45	20.52
No. Analysts	-	-	-	-	-	3	3

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

Revenue Forecast

Revenue	2024	2025
High	174.7M	200.9M
Avg	165.8M	182.5M
Low	158.7M	166.6M

Revenue Growth

Revenue Growth	2024	2025
High	1.8%	21.2%
Avg	-3.4%	10.1%
Low	-7.6%	0.5%

EPS Forecast

EPS	2024	2025
High	0.22	0.39
Avg	0.21	0.36
Low	0.20	0.34

EPS Growth

EPS Growth	2024	2025
High	-17.3%	85.4%
Avg	-21.4%	72.8%
Low	-24.6%	62.3%

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.