Farmer Bros. Co. (FARM)
NASDAQ: FARM · IEX Real-Time Price · USD
3.570
+0.070 (2.00%)
At close: Mar 28, 2024, 4:00 PM
3.510
-0.060 (-1.68%)
After-hours: Mar 28, 2024, 4:33 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 68.07% from the current stock price of 3.57.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $6.00 $6.00 $6.00 $6.00
Change +68.07% +68.07% +68.07% +68.07%
* Price targets were last updated on May 12, 2023.

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 Dec '22Jan '23Feb '23Mar '23Apr '23May '23
Strong Buy 222221
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 222221

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Roth MKM
Roth MKM
Strong Buy
Maintains
$10$6
Strong Buy Maintains $10$6 +68.07% May 12, 2023
Roth Capital
Roth Capital
Strong Buy
Upgrades
n/a
Strong Buy Upgrades n/a n/a Sep 1, 2021
B. Riley Securities
B. Riley Securities
Strong Buy
Upgrades
n/a
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
Roth Capital
Roth Capital
Hold
Maintains
n/a
Hold Maintains n/a n/a Feb 8, 2021
More Analyst Ratings

Financial Forecast

Revenue This Year
353.23M
from 339.96M
Increased by 3.90%
Revenue Next Year
374.54M
from 353.23M
Increased by 6.03%
EPS This Year
-0.27
from -4.04
EPS Next Year
-0.26
from -0.27
Year 2019202020212022202320242025
Revenue
595.94M501.32M397.85M314.78M339.96M353.23M374.54M
Revenue Growth
-1.75%-15.88%-20.64%-20.88%8.00%3.90%6.03%
EPS
-4.36-2.19-2.39-0.89-4.04-0.27-0.26
EPS Growth
-------
No. Analysts -----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 363.6M 385.6M
Avg 353.2M 374.5M
Low 339.4M 359.9M

Revenue Growth

Revenue Growth 20242025
High
7.0%
9.2%
Avg
3.9%
6.0%
Low
-0.2%
1.9%

EPS Forecast

EPS 20242025
High -0.27 -0.26
Avg -0.27 -0.26
Low -0.25 -0.25

EPS Growth

EPS Growth 20242025
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.