Unilever Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Unilever stock have an average target of 54, with a low estimate of 48 and a high estimate of 60. The average target predicts a decrease of -6.94% from the current stock price of 58.03.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$48	$54	$60	$60
Change	-17.28%	-6.94%	+3.39%	+3.39%

* Price targets were last updated on May 8, 2024.

Analyst Ratings

The average analyst rating for Unilever stock from 3 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	0	0	0	1	1	1
Buy	0	0	0	1	1	1
Hold	0	0	0	0	0	0
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	1	1	1	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Celine Pannuti JP Morgan	JP Morgan	Sell → Buy Upgrades n/a	Sell → Buy	Upgrades	n/a	n/a	May 23, 2024
Stephen Biggar Argus Research	Argus Research	Strong Buy Maintains $58 → $60	Strong Buy	Maintains	$58 → $60	+3.39%	May 8, 2024
Sarah Simon Morgan Stanley	Morgan Stanley	Hold → Sell Downgrades $52 → $48	Hold → Sell	Downgrades	$52 → $48	-17.28%	Feb 27, 2024
Bruno Monteyne Bernstein	Bernstein	Sell → Hold Upgrades n/a	Sell → Hold	Upgrades	n/a	n/a	Mar 14, 2022
Bruno Monteyne Bernstein	Bernstein	Sell → Hold Upgrades n/a	Sell → Hold	Upgrades	n/a	n/a	Nov 1, 2021

More Analyst Ratings

Financial Forecast

Revenue This Year

61.63B

from 59.60B

3.39%

from 59.60B

Revenue Next Year

63.93B

from 61.63B

3.74%

from 61.63B

EPS This Year

2.77

from 2.56

8.32%

from 2.56

EPS Next Year

2.96

from 2.77

6.82%

from 2.77

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	51.98B	50.72B	52.44B	60.07B	59.60B	61.63B	63.93B	65.95B	69.15B	70.86B
Revenue Growth	1.96%	-2.42%	3.39%	14.55%	-0.78%	3.39%	3.74%	3.15%	4.85%	2.48%
EPS	2.14	2.12	2.32	2.99	2.56	2.77	2.96	3.16	3.36	3.62
EPS Growth	-38.51%	-0.93%	9.43%	28.88%	-14.38%	8.32%	6.82%	6.68%	6.41%	7.68%
Forward PE	-	-	-	-	-	20.93	19.59	18.36	17.26	16.03
No. Analysts	-	-	-	-	-	19	18	16	6	4

Financial currency is EUR. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	65.1B	67.6B	70.7B	73.7B	75.3B
Avg	61.6B	63.9B	65.9B	69.1B	70.9B
Low	58.8B	61.0B	56.3B	65.6B	66.6B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	9.2%	9.7%	10.6%	11.8%	8.9%
Avg	3.4%	3.7%	3.2%	4.9%	2.5%
Low	-1.3%	-1.0%	-12.0%	-0.5%	-3.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	2.96	3.22	3.50	3.72	4.14
Avg	2.77	2.96	3.16	3.36	3.62
Low	2.55	2.63	2.91	3.11	3.29

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	15.7%	16.2%	18.0%	17.7%	23.2%
Avg	8.3%	6.8%	6.7%	6.4%	7.7%
Low	-0.5%	-5.3%	-1.7%	-1.7%	-2.1%

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.