XPEL, Inc. Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for XPEL, Inc. stock have an average target of 89, with a low estimate of 74 and a high estimate of 104. The average target predicts an increase of 62.74% from the current stock price of 54.69.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$74	$89	$104	$104
Change	+35.31%	+62.74%	+90.16%	+90.16%

* Price targets were last updated on Nov 9, 2023.

Analyst Ratings

The average analyst rating for XPEL, Inc. stock from 2 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	2	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jeff Van Sinderen B. Riley Securities	B. Riley Securities	Strong Buy Maintains $97 → $74	Strong Buy	Maintains	$97 → $74	+35.31%	Nov 9, 2023
Tim Moore EF Hutton	EF Hutton	Strong Buy Reiterates $104	Strong Buy	Reiterates	$104	+90.16%	Oct 12, 2023
Jeff Van Sinderen B. Riley Securities	B. Riley Securities	Strong Buy Maintains $95 → $97	Strong Buy	Maintains	$95 → $97	+77.36%	Aug 10, 2023
Tim Moore EF Hutton	EF Hutton	Strong Buy Reiterates $104	Strong Buy	Reiterates	$104	+90.16%	Aug 10, 2023
Tim Moore EF Hutton	EF Hutton	Strong Buy Reiterates $104	Strong Buy	Reiterates	$104	+90.16%	Mar 1, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

449.89M

from 396.29M

13.52%

from 396.29M

Revenue Next Year

504.81M

from 449.89M

12.21%

from 449.89M

EPS This Year

2.17

from 1.91

13.78%

from 1.91

EPS Next Year

2.87

from 2.17

31.94%

from 2.17

Year	2019	2020	2021	2022	2023	2024	2025
Revenue	129.93M	158.92M	259.26M	323.99M	396.29M	449.89M	504.81M
Revenue Growth	18.21%	22.31%	63.14%	24.97%	22.32%	13.52%	12.21%
EPS	0.51	0.66	1.14	1.50	1.91	2.17	2.87
EPS Growth	59.38%	29.41%	72.73%	31.58%	27.33%	13.78%	31.94%
No. Analysts	-	-	-	-	-	4	3

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

Revenue Forecast

Revenue	2024	2025
High	466.9M	519.7M
Avg	449.9M	504.8M
Low	428.7M	485.0M

Revenue Growth

Revenue Growth	2024	2025
High	17.8%	15.5%
Avg	13.5%	12.2%
Low	8.2%	7.8%

EPS Forecast

EPS	2024	2025
High	2.31	2.95
Avg	2.17	2.87
Low	2.02	2.75

EPS Growth

EPS Growth	2024	2025
High	21.0%	35.8%
Avg	13.8%	31.9%
Low	5.7%	26.8%

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.