Hour Loop Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Hour Loop stock has a target of 1.75, which predicts an increase of 54.87% from the current stock price of 1.13.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$1.75	$1.75	$1.75	$1.75
Change	+54.87%	+54.87%	+54.87%	+54.87%

* Price targets were last updated on Aug 10, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for Hour Loop is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	1	1	1	1	1	0
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
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
Michael Albanese EF Hutton	EF Hutton	Hold Reiterates $2 → $1.75	Hold	Reiterates	$2 → $1.75	+54.87%	Aug 10, 2023
Michael Albanese EF Hutton	EF Hutton	Hold Reiterates $2	Hold	Reiterates	$2	+76.99%	May 16, 2023
Michael Albanese EF Hutton	EF Hutton	Strong Buy → Hold Downgrades $5 → $2	Strong Buy → Hold	Downgrades	$5 → $2	+76.99%	Apr 3, 2023
Michael Albanese EF Hutton	EF Hutton	Strong Buy Initiates $5	Strong Buy	Initiates	$5	+342.48%	Dec 15, 2022
Ben Piggott EF Hutton	EF Hutton	Strong Buy Maintains $7 → $5	Strong Buy	Maintains	$7 → $5	+342.48%	Aug 16, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

184.93M

from 132.12M

39.97%

from 132.12M

Revenue Next Year

n/a

from 184.93M

EPS This Year

0.13

from -0.07

EPS Next Year

n/a

from 0.13

Year	2019	2020	2021	2022	2023	2024
Revenue	26.56M	38.66M	62.79M	95.93M	132.12M	184.93M
Revenue Growth	-	45.51%	62.44%	52.77%	37.73%	39.97%
EPS	-0.01	0.11	0.14	-0.04	-0.07	0.13
EPS Growth	-	-	27.27%	-	-	-
No. Analysts	-	-	-	-	-	3

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

Revenue Forecast

Revenue	2024
High	190.4M
Avg	184.9M
Low	177.7M

Revenue Growth

Revenue Growth	2024
High	44.1%
Avg	40.0%
Low	34.5%

EPS Forecast

EPS	2024
High	0.14
Avg	0.13
Low	0.13

EPS Growth

EPS Growth	2024
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.