Limoneira Company Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Limoneira Company stock have an average target of 24, with a low estimate of 23 and a high estimate of 25. The average target predicts a decrease of -12.70% from the current stock price of 27.49.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$23	$24	$25	$25
Change	-16.33%	-12.70%	-9.06%	-9.06%

* Price targets were last updated on Sep 10, 2024.

Analyst Ratings

The average analyst rating for LMNR stock from 2 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	1	1	1
Buy	0	0	0	0	0	0
Hold	0	0	0	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ben Klieve Lake Street	Lake Street	Strong Buy → Hold Downgrades $25	Strong Buy → Hold	Downgrades	$25	-9.06%	Sep 10, 2024
Ben Klieve Lake Street	Lake Street	Strong Buy Maintains $23 → $25	Strong Buy	Maintains	$23 → $25	-9.06%	Jun 7, 2024
Gerry Sweeney Roth MKM	Roth MKM	Strong Buy Maintains $17 → $23	Strong Buy	Maintains	$17 → $23	-16.33%	Jan 2, 2024
Gerry Sweeney Roth Capital	Roth Capital	Strong Buy Maintains $20 → $17	Strong Buy	Maintains	$20 → $17	-38.16%	Dec 29, 2022
Vincent Anderson Stifel	Stifel	Strong Buy Maintains $20 → $16	Strong Buy	Maintains	$20 → $16	-41.80%	Mar 14, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

193.85M

from 179.90M

7.75%

from 179.90M

Revenue Next Year

225.83M

from 193.85M

16.50%

from 193.85M

EPS This Year

0.64

from 0.50

29.23%

from 0.50

EPS Next Year

0.23

from 0.64

-63.49%

from 0.64

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Oct 31, 2019	Oct 31, 2020	Oct 31, 2021	Oct 31, 2022	Oct 31, 2023	Oct 31, 2024	Oct 31, 2025
Revenue	171.40M	164.56M	166.03M	184.61M	179.90M	193.85M	225.83M
Revenue Growth	32.46%	-3.99%	0.89%	11.19%	-2.55%	7.75%	16.50%
EPS	-0.37	-0.96	-0.23	-0.04	0.50	0.64	0.23
EPS Growth	-	-	-	-	-	29.23%	-63.49%
Forward PE	-	-	-	-	-	42.78	117.18
No. Analysts	-	-	-	-	-	5	5

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

Revenue Forecast

Revenue	2024	2025
High	201.2M	260.2M
Avg	193.9M	225.8M
Low	184.7M	191.1M

Revenue Growth

Revenue Growth	2024	2025
High	11.8%	34.2%
Avg	7.8%	16.5%
Low	2.7%	-1.4%

EPS Forecast

EPS	2024	2025
High	0.66	0.24
Avg	0.64	0.23
Low	0.62	0.23

EPS Growth

EPS Growth	2024	2025
High	33.0%	-62.4%
Avg	29.2%	-63.5%
Low	24.2%	-64.9%

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.