Newell Brands Inc. (NWL)

Newell Brands Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Newell Brands stock have an average target of 9.10, with a low estimate of 6.25 and a high estimate of 13. The average target predicts an increase of 2.30% from the current stock price of 8.90.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$6.25	$9.10	$9.00	$13
Change	-29.74%	+2.30%	+1.18%	+46.15%

Analyst Ratings

The average analyst rating for Newell Brands stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	1
Hold	9	10	10	10	10	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	11	11	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lauren Lieberman Barclays	Barclays	Hold → Buy Upgrades $8 → $10	Hold → Buy	Upgrades	$8 → $10	+12.42%	Nov 20, 2024
Chris Carey Wells Fargo	Wells Fargo	Hold Maintains $8 → $9	Hold	Maintains	$8 → $9	+1.18%	Oct 28, 2024
Brian McNamara Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $12 → $13	Strong Buy	Maintains	$12 → $13	+46.15%	Oct 28, 2024
Andrea Teixeira JP Morgan	JP Morgan	Hold Maintains $9 → $8	Hold	Maintains	$9 → $8	-10.06%	Oct 11, 2024
Bill Chappell Truist Securities	Truist Securities	Hold Maintains $8 → $10	Hold	Maintains	$8 → $10	+12.42%	Jul 30, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

7.69B

Decreased by -5.46%

from 8.13B

Revenue Next Year

7.72B

Increased by 0.34%

from 7.69B

EPS This Year

0.67

from -0.94

EPS Next Year

0.78

Increased by 17.20%

from 0.67

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	9.72B	9.39B	10.59B	9.46B	8.13B	7.69B	7.72B	7.83B
Revenue Growth	-4.32%	-3.40%	12.83%	-10.67%	-14.02%	-5.46%	0.34%	1.54%
EPS	0.25	-1.81	1.45	0.47	-0.94	0.67	0.78	0.96
EPS Growth	-	-	-	-67.59%	-	-	17.20%	22.72%
Forward PE	-	-	-	-	-	13.32	11.37	9.26
No. Analysts	-	-	-	-	-	13	13	9

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	8.0B	8.2B	8.4B
Avg	7.7B	7.7B	7.8B
Low	7.4B	7.4B	7.5B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-1.0%	6.3%	9.2%
Avg	-5.5%	0.3%	1.5%
Low	-8.5%	-4.2%	-3.3%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	0.74	0.96	1.10
Avg	0.67	0.78	0.96
Low	0.64	0.69	0.84

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	43.1%	40.9%
Avg	-	17.2%	22.7%
Low	-	2.7%	7.7%

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.