Newell Brands Inc. (NWL)
NASDAQ: NWL · Real-Time Price · USD
7.48
+0.15 (2.05%)
At close: Sep 19, 2024, 4:00 PM
7.45
-0.03 (-0.40%)
After-hours: Sep 19, 2024, 4:17 PM EDT
Newell Brands Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Newell Brands stock have an average target of 8.70, with a low estimate of 6.25 and a high estimate of 12. The average target predicts an increase of 16.31% from the current stock price of 7.48.
Analyst Consensus: Hold
* Price targets were last updated on Jul 30, 2024.
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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 8 | 9 | 9 | 10 | 10 | 10 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $8 → $10 | Hold | Maintains | $8 → $10 | +33.69% | Jul 30, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $8 → $9 | Hold | Maintains | $8 → $9 | +20.32% | Jul 29, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $7.5 → $9.5 | Hold | Maintains | $7.5 → $9.5 | +27.01% | Jul 29, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $10 → $12 | Strong Buy | Maintains | $10 → $12 | +60.43% | Jul 29, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $6 → $9 | Hold | Maintains | $6 → $9 | +20.32% | Jul 29, 2024 |
Financial Forecast
Revenue This Year
7.72B
from 8.13B
Decreased by -5.09%
Revenue Next Year
7.81B
from 7.72B
Increased by 1.13%
EPS This Year
0.65
from -0.94
EPS Next Year
0.77
from 0.65
Increased by 17.41%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.1B | 8.3B | 8.5B | ||
| Avg | 7.7B | 7.8B | 8.0B | ||
| Low | 7.4B | 7.5B | 7.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.1% | 7.4% | 9.4% | ||
| Avg | -5.1% | 1.1% | 2.4% | ||
| Low | -8.5% | -3.4% | -2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.71 | 0.96 | 1.07 | ||
| Avg | 0.65 | 0.77 | 0.95 | ||
| Low | 0.62 | 0.65 | 0.86 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 46.5% | 39.9% | ||
| Avg | - | 17.4% | 24.7% | ||
| Low | - | -0.8% | 12.6% |
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.