Potbelly Corporation (PBPB)
NASDAQ: PBPB · IEX Real-Time Price · USD
10.30
+0.20 (1.98%)
Apr 18, 2024, 1:59 PM EDT - Market open
Potbelly Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Potbelly stock have an average target of 17, with a low estimate of 15 and a high estimate of 20. The average target predicts an increase of 65.05% from the current stock price of 10.30.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 8, 2024.
Analyst Ratings
The average analyst rating for Potbelly stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $15 → $16 | Strong Buy | Maintains | $15 → $16 | +55.34% | Mar 8, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $13 → $15 | Strong Buy | Maintains | $13 → $15 | +45.63% | Mar 8, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $16 → $20 | Strong Buy | Maintains | $16 → $20 | +94.17% | Mar 8, 2024 |
| Benchmark | Benchmark | Hold → Strong Buy Upgrades $15 | Hold → Strong Buy | Upgrades | $15 | +45.63% | Jan 12, 2024 |
| Lake Street | Lake Street | Strong Buy Initiates $11 | Strong Buy | Initiates | $11 | +6.80% | Oct 24, 2023 |
Financial Forecast
Revenue This Year
482.50M
from 491.41M
Decreased by -1.81%
Revenue Next Year
492.52M
from 482.50M
Increased by 2.08%
EPS This Year
0.24
from 0.17
Increased by 41.00%
EPS Next Year
0.30
from 0.24
Increased by 24.82%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 500.5M | 524.9M |
| Avg | 482.5M | 492.5M |
| Low | 460.4M | 461.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 1.9% | 8.8% |
| Avg | -1.8% | 2.1% |
| Low | -6.3% | -4.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.30 | 0.35 |
| Avg | 0.24 | 0.30 |
| Low | 0.19 | 0.25 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 79.1% | 44.6% |
| Avg | 41.0% | 24.8% |
| Low | 9.5% | 2.2% |
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.