Newell Brands Inc. (NWL)
NASDAQ: NWL · Real-Time Price · USD
7.33
-0.14 (-1.87%)
Sep 18, 2024, 3:59 PM EDT - Market closed

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 18.69% from the current stock price of 7.33.

Analyst Consensus: Hold
Target Low Average Median High
Price $6.25 $8.70 $9.00 $12
Change -14.73% +18.69% +22.78% +63.71%
* 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 '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 111111
Buy 000000
Hold 899101010
Sell 100000
Strong Sell 000000
Total 101010111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Truist Securities
Truist Securities
Hold
Maintains
$8$10
Hold Maintains $8$10 +36.43% Jul 30, 2024
Deutsche Bank
Deutsche Bank
Hold
Maintains
$8$9
Hold Maintains $8$9 +22.78% Jul 29, 2024
RBC Capital
RBC Capital
Hold
Maintains
$7.5$9.5
Hold Maintains $7.5$9.5 +29.60% Jul 29, 2024
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$10$12
Strong Buy Maintains $10$12 +63.71% Jul 29, 2024
Wells Fargo
Wells Fargo
Hold
Maintains
$6$9
Hold Maintains $6$9 +22.78% Jul 29, 2024
More Analyst Ratings

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%
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
9.72B9.39B10.59B9.46B8.13B7.72B7.81B8.00B
Revenue Growth
-4.32%-3.40%12.83%-10.67%-14.02%-5.09%1.13%2.43%
EPS
0.25-1.811.450.47-0.940.650.770.95
EPS Growth
----67.59%--17.41%24.66%
Forward PE
-----11.249.577.68
No. Analysts -----13138
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
High
-0.1%
7.4%
9.4%
Avg
-5.1%
1.1%
2.4%
Low
-8.5%
-3.4%
-2.5%

EPS Forecast

EPS 20242025202620272028
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 20242025202620272028
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.