Farmer Bros. Co. (FARM)
NASDAQ: FARM · IEX Real-Time Price · USD
2.410
-0.090 (-3.60%)
At close: Jul 2, 2024, 4:00 PM
2.550
+0.140 (5.81%)
After-hours: Jul 2, 2024, 7:18 PM EDT
Farmer Bros. Co. Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Farmer Bros. Co. stock has a target of 6.00, which predicts an increase of 148.96% from the current stock price of 2.41.
Analyst Consensus: Strong Buy
Analyst Ratings
According to 1 stock analyst, the rating for FARM 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $6 | Strong Buy | Initiates | $6 | +148.96% | Jun 17, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $10 → $6 | Strong Buy | Maintains | $10 → $6 | +148.96% | May 12, 2023 |
| Roth Capital | Roth Capital | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Sep 1, 2021 |
| B. Riley Securities | B. Riley Securities | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Mar 31, 2021 |
| Roth Capital | Roth Capital | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Feb 9, 2021 |
Financial Forecast
Revenue This Year
344.66M
from 339.96M
Increased by 1.38%
Revenue Next Year
354.25M
from 344.66M
Increased by 2.78%
EPS This Year
-0.18
from -4.04
EPS Next Year
-0.48
from -0.18
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 354.8M | 364.7M | 397.5M |
| Avg | 344.7M | 354.3M | 386.1M |
| Low | 331.1M | 340.4M | 371.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.4% | 5.8% | 12.2% |
| Avg | 1.4% | 2.8% | 9.0% |
| Low | -2.6% | -1.3% | 4.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.19 | -0.49 | -0.58 |
| Avg | -0.18 | -0.48 | -0.56 |
| Low | -0.18 | -0.46 | -0.54 |
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.