Westrock Coffee Company (WEST)
NASDAQ: WEST · Real-Time Price · USD
6.89
+0.16 (2.38%)
Nov 4, 2024, 4:00 PM EST - Market closed
Westrock Coffee Company Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for WEST stock have an average target of 12.2, with a low estimate of 10 and a high estimate of 14. The average target predicts an increase of 77.07% from the current stock price of 6.89.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for WEST stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Initiates $10 | Strong Buy | Initiates | $10 | +45.14% | Oct 7, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $13 | Strong Buy | Initiates | $13 | +88.68% | Sep 23, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $14 | Buy | Maintains | $14 | +103.19% | Jun 28, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +74.17% | May 13, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $13 → $14 | Buy | Maintains | $13 → $14 | +103.19% | May 10, 2024 |
Financial Forecast
Revenue This Year
909.29M
from 864.71M
Increased by 5.15%
Revenue Next Year
1.17B
from 909.29M
Increased by 28.78%
EPS This Year
-0.58
from -0.43
EPS Next Year
0.18
from -0.58
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 971.6M | 1.3B | 1.2B |
| Avg | 909.3M | 1.2B | 1.1B |
| Low | 823.7M | 991.8M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.4% | 46.5% | -1.5% |
| Avg | 5.2% | 28.8% | -4.3% |
| Low | -4.7% | 9.1% | -7.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.56 | 0.24 | 0.39 |
| Avg | -0.58 | 0.18 | 0.38 |
| Low | -0.63 | 0.13 | 0.36 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 114.6% |
| Avg | - | - | 108.5% |
| Low | - | - | 100.3% |
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.