Newell Brands Inc. (NWL)
NASDAQ: NWL · Real-Time Price · USD
10.02
+0.11 (1.11%)
At close: Dec 20, 2024, 4:00 PM
10.10
+0.08 (0.80%)
After-hours: Dec 20, 2024, 7:14 PM EST
Newell Brands Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Newell Brands stock have an average target of 10, with a low estimate of 6.25 and a high estimate of 17. The average target predicts a decrease of -0.20% from the current stock price of 10.02.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Newell Brands stock from 11 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 | 1 | 1 | 1 | 1 | 1 | 2 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 10 | 10 | 10 | 10 | 9 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold → Strong Buy Upgrades $10 → $17 | Hold → Strong Buy | Upgrades | $10 → $17 | +69.66% | Dec 9, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $13 → $15 | Strong Buy | Maintains | $13 → $15 | +49.70% | Dec 6, 2024 |
| Barclays | Barclays | Hold → Buy Upgrades $8 → $10 | Hold → Buy | Upgrades | $8 → $10 | -0.20% | Nov 20, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $8 → $9 | Hold | Maintains | $8 → $9 | -10.18% | Oct 28, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $12 → $13 | Strong Buy | Maintains | $12 → $13 | +29.74% | Oct 28, 2024 |
Financial Forecast
Revenue This Year
7.69B
from 8.13B
Decreased by -5.47%
Revenue Next Year
7.71B
from 7.69B
Increased by 0.23%
EPS This Year
0.67
from -0.94
EPS Next Year
0.78
from 0.67
Increased by 17.41%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 8.0B | 8.2B | 8.4B | |||
| Avg | 7.7B | 7.7B | 7.8B | |||
| Low | 7.4B | 7.3B | 7.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -1.0% | 6.6% | 9.5% | |||
| Avg | -5.5% | 0.2% | 1.5% | |||
| Low | -8.7% | -4.6% | -3.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.74 | 0.96 | 1.20 | ||
| Avg | 0.67 | 0.78 | 0.97 | ||
| Low | 0.64 | 0.69 | 0.84 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 43.4% | 53.8% | ||
| Avg | - | 17.4% | 24.0% | ||
| Low | - | 2.9% | 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.