Hanesbrands Inc. (HBI)

Hanesbrands Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Hanesbrands stock have an average target of 6.90, with a low estimate of 5.00 and a high estimate of 11. The average target predicts a decrease of -16.16% from the current stock price of 8.23.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$5.00	$6.90	$6.00	$11
Change	-39.25%	-16.16%	-27.10%	+33.66%

Analyst Ratings

The average analyst rating for Hanesbrands stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0	1	1
Buy	0	0	0	0	0	0
Hold	4	5	5	5	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	5	5	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jay Sole UBS	UBS	Hold → Strong Buy Upgrades $9 → $11	Hold → Strong Buy	Upgrades	$9 → $11	+33.66%	Nov 26, 2024
Adrienne Yih Barclays	Barclays	Hold Maintains $6 → $7	Hold	Maintains	$6 → $7	-14.95%	Nov 11, 2024
Jay Sole UBS	UBS	Hold Maintains $5 → $6.5	Hold	Maintains	$5 → $6.5	-21.02%	Aug 27, 2024
Jim Duffy Stifel	Stifel	Hold Maintains $4.5 → $6	Hold	Maintains	$4.5 → $6	-27.10%	Aug 12, 2024
Adrienne Yih Barclays	Barclays	Hold Maintains $5 → $6	Hold	Maintains	$5 → $6	-27.10%	Aug 12, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

3.65B

Decreased by -35.30%

from 5.64B

Revenue Next Year

3.70B

Increased by 1.54%

from 3.65B

EPS This Year

0.40

from -0.05

EPS Next Year

0.59

Increased by 48.56%

from 0.40

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 28, 2019	Jan 2, 2021	Jan 1, 2022	Dec 31, 2022	Dec 30, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	6.43B	6.13B	6.80B	6.23B	5.64B	3.65B	3.70B	3.76B
Revenue Growth	-5.56%	-4.65%	11.00%	-8.35%	-9.58%	-35.30%	1.54%	1.43%
EPS	1.64	-0.21	0.22	-0.36	-0.05	0.40	0.59	0.72
EPS Growth	11.15%	-	-	-	-	-	48.56%	22.09%
Forward PE	-	-	-	-	-	20.64	13.89	11.38
No. Analysts	-	-	-	-	-	8	8	8

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	3.8B	4.0B	4.2B
Avg	3.6B	3.7B	3.8B
Low	3.5B	3.5B	3.4B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	-32.7%	9.2%	12.9%
Avg	-35.3%	1.5%	1.4%
Low	-37.3%	-4.8%	-7.9%

EPS Forecast

EPS	2024	2025	2026	2027	2028	2029
High	0.42	0.77	0.95
Avg	0.40	0.59	0.72
Low	0.38	0.51	0.57

EPS Growth

EPS Growth	2024	2025	2026	2027	2028	2029
High	-	93.0%	59.7%
Avg	-	48.6%	22.1%
Low	-	27.8%	-4.1%

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.