PetMed Express, Inc. (PETS)

Stock Price Forecast

The 2 analysts that cover PetMed Express stock have a consensus rating of "Sell" and an average price target of $3.35, which forecasts a 2.45% increase in the stock price over the next year. The lowest target is $3.2 and the highest is $3.5.

Price Target: $3.35 (+2.45%)

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$3.20	$3.35	$3.50	$3.50
Change	-2.14%	+2.45%	+7.03%	+7.03%

* Price targets were last updated on Apr 17, 2025.

Analyst Ratings

The average analyst rating for PetMed Express stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Erin Wright Morgan Stanley	Morgan Stanley	Sell Maintains $3.5 → $3.2	Sell	Maintains	$3.5 → $3.2	-2.14%	Apr 17, 2025
Ryan Meyers Lake Street	Lake Street	Strong Buy → Hold Downgrades $7 → $3.5	Strong Buy → Hold	Downgrades	$7 → $3.5	+7.03%	Aug 7, 2024
Ryan Meyers Lake Street	Lake Street	Strong Buy Maintains $9 → $7	Strong Buy	Maintains	$9 → $7	+114.07%	Jun 12, 2024
Erin Wright Morgan Stanley	Morgan Stanley	Sell Maintains $6.5 → $3.5	Sell	Maintains	$6.5 → $3.5	+7.03%	Jun 12, 2024
Ryan Meyers Lake Street	Lake Street	Strong Buy Maintains $13 → $9	Strong Buy	Maintains	$13 → $9	+175.23%	Feb 9, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

234.75M

Decreased by -16.48%

from 281.06M

Revenue Next Year

229.12M

Decreased by -2.40%

from 234.75M

EPS This Year

0.21

from -0.37

EPS Next Year

-0.08

from 0.21

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	284.13M	303.58M	272.28M	256.58M	281.06M	234.75M	229.12M	236.39M
Revenue Growth	0.25%	6.85%	-10.31%	-5.77%	9.54%	-16.48%	-2.40%	3.17%
EPS	1.29	1.19	0.92	0.25	-0.37	0.21	-0.08	-0.04
EPS Growth	-29.90%	-7.75%	-22.69%	-72.83%	-	-	-	-
Forward PE	-	-	-	-	-	15.64	-	-
No. Analysts	-	-	-	-	-	4	4	4

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

Revenue Forecast

Revenue	2025	2026	2027
High	243.2M	247.9M	256.2M
Avg	234.8M	229.1M	236.4M
Low	224.1M	208.9M	215.1M

Revenue Growth

Revenue Growth	2025	2026	2027
High	-13.5%	5.6%	11.8%
Avg	-16.5%	-2.4%	3.2%
Low	-20.3%	-11.0%	-6.1%

EPS Forecast

EPS	2025	2026	2027
High	0.23	0.03	0.07
Avg	0.21	-0.08	-0.04
Low	0.19	-0.18	-0.15

EPS Growth

EPS Growth	2025	2026	2027
High	-	-84.9%	-
Avg	-	-	-
Low	-	-	-

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.