ToughBuilt Industries, Inc. (TBLT)
NASDAQ: TBLT · IEX Real-Time Price · USD
2.980
+0.050 (1.71%)
At close: Mar 27, 2024, 4:00 PM
3.390
+0.410 (13.76%)
Pre-market: Mar 28, 2024, 4:09 AM EDT

ToughBuilt Industries Stock Forecast

TBLT's stock price has decreased by -96.39% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 1 analyst with a 12-month price forecast for TBLT stock has a target of 130, which predicts an increase of 4,262.42% from the current stock price of 2.98.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $130 $130 $130 $130
Change +4262.4% +4262.4% +4262.4% +4262.4%
* Price targets were last updated on Jul 13, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for TBLT is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jan '24Feb '24Mar '24
Strong Buy 111
Buy 000
Hold 000
Sell 000
Strong Sell 000
Total 111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$390$130
Strong Buy Maintains $390$130 +4,262.42% Jul 13, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Initiates
$14,625
Strong Buy Initiates $14,625 +490,671.81% Oct 19, 2021
More Analyst Ratings

Financial Forecast

Revenue This Year
112.00M
from 95.25M
Increased by 17.58%
Revenue Next Year
132.60M
from 112.00M
Increased by 18.39%
EPS This Year
-2.04
from -460.85
EPS Next Year
-1.36
from -2.04
Year 2018201920202021202220232024
Revenue
15.29M19.09M39.43M70.03M95.25M112.00M132.60M
Revenue Growth
7.66%24.86%106.57%77.58%36.03%17.58%18.39%
EPS
-703,914.80-20,278.99-6,629.67-3,645.20-460.85-2.04-1.36
EPS Growth
-------
No. Analysts -----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20232024
High 115.3M 136.5M
Avg 112.0M 132.6M
Low 107.6M 127.4M

Revenue Growth

Revenue Growth 20232024
High
21.0%
21.9%
Avg
17.6%
18.4%
Low
13.0%
13.8%

EPS Forecast

EPS 20232024
High -2.10 -1.40
Avg -2.04 -1.36
Low -1.96 -1.30

EPS Growth

EPS Growth 20232024
High - -
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.