Thor Industries, Inc. (THO)

Thor Industries Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Thor Industries stock have an average target of 107, with a low estimate of 72 and a high estimate of 122. The average target predicts an increase of 6.37% from the current stock price of 100.59.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$72	$107	$115	$122
Change	-28.42%	+6.37%	+14.33%	+21.28%

* Price targets were last updated on Mar 15, 2024.

Analyst Ratings

The average analyst rating for THO 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	0	0	0	0	1	1
Buy	2	3	3	3	3	3
Hold	6	5	5	5	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	8	8	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
James Hardiman Citigroup	Citigroup	Hold → Strong Buy Upgrades $111 → $122	Hold → Strong Buy	Upgrades	$111 → $122	+21.28%	Mar 15, 2024
Brandon Rolle DA Davidson	DA Davidson	Hold Maintains $90 → $95	Hold	Maintains	$90 → $95	-5.56%	Mar 8, 2024
Craig Kennison Baird	Baird	Buy Maintains $115 → $120	Buy	Maintains	$115 → $120	+19.30%	Mar 7, 2024
Michael Swartz Truist Securities	Truist Securities	Hold Maintains $96 → $105	Hold	Maintains	$96 → $105	+4.38%	Jan 9, 2024
Tristan Thomas-Martin BMO Capital	BMO Capital	Buy Maintains $115 → $120	Buy	Maintains	$115 → $120	+19.30%	Dec 7, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

10.32B

Decreased by -7.22%

from 11.12B

Revenue Next Year

11.19B

Increased by 8.39%

from 10.32B

EPS This Year

5.29

Decreased by -23.86%

from 6.95

EPS Next Year

7.95

Increased by 50.28%

from 5.29

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	7.86B	8.17B	12.32B	16.31B	11.12B	10.32B	11.19B	11.87B	13.74B	15.58B
Revenue Growth	-5.57%	3.85%	50.80%	32.44%	-31.82%	-7.22%	8.39%	6.14%	15.75%	13.36%
EPS	2.47	4.02	11.85	20.59	6.95	5.29	7.95	9.47	12.90	15.50
EPS Growth	-69.66%	62.75%	194.78%	73.76%	-66.25%	-23.86%	50.28%	19.14%	36.13%	20.20%
No. Analysts	-	-	-	-	-	16	16	5	2	2

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	10.9B	11.9B	12.5B	14.3B	16.2B
Avg	10.3B	11.2B	11.9B	13.7B	15.6B
Low	9.8B	10.4B	11.4B	13.3B	15.1B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-1.7%	15.5%	11.6%	20.3%	17.9%
Avg	-7.2%	8.4%	6.1%	15.8%	13.4%
Low	-11.5%	0.6%	2.0%	12.3%	10.0%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	6.31	9.55	11.01	13.41	16.12
Avg	5.29	7.95	9.47	12.90	15.50
Low	4.95	6.78	8.12	12.51	15.04

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-9.2%	80.4%	38.4%	41.5%	25.0%
Avg	-23.9%	50.3%	19.1%	36.1%	20.2%
Low	-28.8%	28.2%	2.2%	32.1%	16.6%

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.