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
* 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 '22 | Jan '23 | Feb '23 | Mar '23 | Apr '23 | May '23 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 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 | 2 | 2 | 2 | 2 | 2 | 1 |
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 | 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 |
Roth Capital | Roth Capital | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Feb 8, 2021 |
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
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 363.6M | 385.6M |
Avg | 353.2M | 374.5M |
Low | 339.4M | 359.9M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 7.0% | 9.2% |
Avg | 3.9% | 6.0% |
Low | -0.2% | 1.9% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | -0.27 | -0.26 |
Avg | -0.27 | -0.26 |
Low | -0.25 | -0.25 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
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.