The Honest Company, Inc. (HNST)
NASDAQ: HNST · IEX Real-Time Price · USD
3.630
+0.050 (1.40%)
Jul 19, 2024, 4:00 PM EDT - Market closed
The Honest Company Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for The Honest Company stock have an average target of 4.19, with a low estimate of 3.00 and a high estimate of 5.75. The average target predicts an increase of 15.43% from the current stock price of 3.63.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for HNST stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 3 | 3 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Loop Capital | Loop Capital | Hold → Strong Buy Upgrades $3 | Hold → Strong Buy | Upgrades | $3 | -17.36% | Jun 25, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Hold Maintains $4 | Hold | Maintains | $4 | +10.19% | May 9, 2024 |
| Loop Capital | Loop Capital | Hold Maintains $5 → $3 | Hold | Maintains | $5 → $3 | -17.36% | Apr 19, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Hold Maintains $4 | Hold | Maintains | $4 | +10.19% | Apr 10, 2024 |
| Loop Capital | Loop Capital | Hold Maintains $4 → $5 | Hold | Maintains | $4 → $5 | +37.74% | Mar 14, 2024 |
Financial Forecast
Revenue This Year
367.93M
from 344.37M
Increased by 6.84%
Revenue Next Year
385.54M
from 367.93M
Increased by 4.79%
EPS This Year
-0.12
from -0.42
EPS Next Year
-0.07
from -0.12
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 382.2M | 401.3M | 422.4M | 447.8M | 474.7M |
| Avg | 367.9M | 385.5M | 409.8M | 435.0M | 461.1M |
| Low | 351.3M | 368.5M | 393.3M | 418.0M | 443.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.0% | 9.1% | 9.6% | 9.3% | 9.1% |
| Avg | 6.8% | 4.8% | 6.3% | 6.1% | 6.0% |
| Low | 2.0% | 0.1% | 2.0% | 2.0% | 1.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.07 | 0.03 | 0.01 | 0.11 | 0.25 |
| Avg | -0.12 | -0.07 | -0.01 | 0.10 | 0.24 |
| Low | -0.19 | -0.16 | -0.02 | 0.10 | 0.24 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | 147.1% |
| Avg | - | - | - | - | 140.0% |
| Low | - | - | - | - | 130.6% |
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.