The Honest Company, Inc. (HNST)
NASDAQ: HNST · Real-Time Price · USD
7.25
-0.07 (-0.96%)
At close: Nov 20, 2024, 4:00 PM
7.24
-0.01 (-0.14%)
Pre-market: Nov 21, 2024, 7:30 AM EST
The Honest Company Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for The Honest Company stock have an average target of 5.54, with a low estimate of 3.00 and a high estimate of 7.50. The average target predicts a decrease of -23.59% from the current stock price of 7.25.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for HNST stock from 6 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 5 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Telsey Advisory Group | Telsey Advisory Group | Hold Maintains $4 → $6 | Hold | Maintains | $4 → $6 | -17.24% | Nov 13, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $6.5 → $7 | Strong Buy | Maintains | $6.5 → $7 | -3.45% | Nov 13, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $6.5 → $7.5 | Buy | Maintains | $6.5 → $7.5 | +3.45% | Nov 13, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $6.5 | Strong Buy | Initiates | $6.5 | -10.34% | Sep 10, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $6 → $6.5 | Buy | Maintains | $6 → $6.5 | -10.34% | Aug 9, 2024 |
Financial Forecast
Revenue This Year
375.83M
from 344.37M
Increased by 9.14%
Revenue Next Year
394.40M
from 375.83M
Increased by 4.94%
EPS This Year
-0.12
from -0.42
EPS Next Year
-0.03
from -0.12
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 389.0M | 409.7M | 430.6M | ||
| Avg | 375.8M | 394.4M | 415.4M | ||
| Low | 358.1M | 376.9M | 397.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.0% | 9.0% | 9.2% | ||
| Avg | 9.1% | 4.9% | 5.3% | ||
| Low | 4.0% | 0.3% | 0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.05 | 0.06 | 0.11 | ||
| Avg | -0.12 | -0.03 | 0.03 | ||
| Low | -0.17 | -0.15 | -0.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.