The Honest Company, Inc. (HNST)
NASDAQ: HNST · Real-Time Price · USD
6.89
+0.31 (4.71%)
At close: Dec 20, 2024, 4:00 PM
6.91
+0.02 (0.29%)
After-hours: Dec 20, 2024, 7:09 PM 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 6.54, with a low estimate of 4.00 and a high estimate of 9.50. The average target predicts a decrease of -5.08% from the current stock price of 6.89.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 3 | 3 | 2 |
| Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Loop Capital | Loop Capital | Strong Buy → Hold Downgrades $7 | Strong Buy → Hold | Downgrades | $7 | +1.60% | Dec 17, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $7.5 → $9.5 | Buy | Maintains | $7.5 → $9.5 | +37.88% | Dec 4, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Hold Maintains $4 → $6 | Hold | Maintains | $4 → $6 | -12.92% | Nov 13, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $6.5 → $7 | Strong Buy | Maintains | $6.5 → $7 | +1.60% | Nov 13, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $6.5 → $7.5 | Buy | Maintains | $6.5 → $7.5 | +8.85% | Nov 13, 2024 |
Financial Forecast
Revenue This Year
382.41M
from 344.37M
Increased by 11.05%
Revenue Next Year
404.53M
from 382.41M
Increased by 5.78%
EPS This Year
-0.07
from -0.42
EPS Next Year
0.03
from -0.07
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 394.8M | 425.6M | 442.0M | ||
| Avg | 382.4M | 404.5M | 428.2M | ||
| Low | 366.4M | 384.2M | 410.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.6% | 11.3% | 9.3% | ||
| Avg | 11.0% | 5.8% | 5.9% | ||
| Low | 6.4% | 0.5% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.04 | 0.14 | 0.11 | ||
| Avg | -0.07 | 0.03 | 0.08 | ||
| Low | -0.10 | -0.02 | 0.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 208.9% | ||
| Avg | - | - | 130.0% | ||
| Low | - | - | 15.3% |
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.