SMPL Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for SMPL stock have an average target of 38.86, with a low estimate of 34 and a high estimate of 42. The average target predicts an increase of 8.28% from the current stock price of 35.89.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$34	$38.86	$40	$42
Change	-5.27%	+8.28%	+11.45%	+17.02%

Analyst Ratings

The average analyst rating for SMPL stock from 7 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	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	5	5	4	4	4	3
Buy	3	2	1	1	1	1
Hold	2	2	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	9	8	8	8	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brian Holland DA Davidson	DA Davidson	Hold Maintains $35 → $38	Hold	Maintains	$35 → $38	+5.88%	Jul 1, 2024
Matt McGinley Needham	Needham	Strong Buy Reiterates $41	Strong Buy	Reiterates	$41	+14.24%	Jun 28, 2024
Steve Powers Deutsche Bank	Deutsche Bank	Hold Maintains $36 → $37	Hold	Maintains	$36 → $37	+3.09%	Jun 14, 2024
Matthew Smith Stifel	Stifel	Strong Buy Maintains $38 → $40	Strong Buy	Maintains	$38 → $40	+11.45%	Jun 14, 2024
Matt McGinley Needham	Needham	Strong Buy Reiterates $41	Strong Buy	Reiterates	$41	+14.24%	Apr 30, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.33B

from 1.24B

7.19%

from 1.24B

Revenue Next Year

1.42B

from 1.33B

6.38%

from 1.33B

EPS This Year

1.86

from 1.32

40.70%

from 1.32

EPS Next Year

2.02

from 1.86

9.02%

from 1.86

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	523.76M	816.64M	1.01B	1.17B	1.24B	1.33B	1.42B	1.51B	1.70B	1.68B
Revenue Growth	19.62%	55.92%	23.14%	16.22%	6.33%	7.19%	6.38%	6.35%	12.74%	-1.35%
EPS	-0.31	0.35	0.42	1.08	1.32	1.86	2.02	2.24	2.33	2.40
EPS Growth	-	-	20.00%	157.14%	22.22%	40.70%	9.02%	10.66%	4.13%	3.05%
Forward PE	-	-	-	-	-	19.32	17.73	16.02	15.38	14.93
No. Analysts	-	-	-	-	-	15	14	8	3	4

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	1.4B	1.6B	1.7B	1.7B	1.8B
Avg	1.3B	1.4B	1.5B	1.7B	1.7B
Low	1.3B	1.3B	1.4B	1.6B	1.5B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	11.5%	19.2%	21.1%	16.1%	8.1%
Avg	7.2%	6.4%	6.4%	12.7%	-1.4%
Low	2.0%	-1.6%	-3.8%	8.3%	-11.3%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	1.94	2.16	2.49	2.40	2.52
Avg	1.86	2.02	2.24	2.33	2.40
Low	1.74	1.88	2.00	2.24	2.26

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	47.2%	16.5%	22.9%	7.2%	8.2%
Avg	40.7%	9.0%	10.7%	4.1%	3.0%
Low	32.2%	1.3%	-1.3%	0.1%	-3.0%

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.