Boot Barn (BOOT) Stock Forecast, Price Target & Predictions


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BOOT Stock Forecast


Boot Barn stock forecast is as follows: an average price target of $161.00 (represents a 17.48% upside from BOOT’s last price of $137.05) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.

BOOT Price Target


The average price target for Boot Barn (BOOT) is $161.00 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $185.00 to $135.00. This represents a potential 17.48% upside from BOOT's last price of $137.05.

BOOT Analyst Ratings


Buy

According to 11 Wall Street analysts, Boot Barn's rating consensus is 'Buy'. The analyst rating breakdown for BOOT stock is 0 'Strong Buy' (0.00%), 9 'Buy' (81.82%), 2 'Hold' (18.18%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Boot Barn Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 29, 2024Jeremy HamblinCraig-Hallum--25.11%16.75%
Oct 29, 2024Janine StichterBTIG--14.75%34.99%
Oct 29, 2024Corey TarloweJefferies--5.45%24.04%
Oct 14, 2024Peter KeithPiper Sandler--12.32%30.61%
Oct 01, 2024Jonathan KompRobert W. Baird---0.52%21.85%
Sep 10, 2024Sam PoserWilliams Trading--12.94%26.23%
Aug 08, 2024Peter KeithPiper Sandler--14.75%7.26%
Jun 07, 2024Jonathan KompRobert W. Baird--2.56%-3.68%
Jun 05, 2024Jeremy HamblinCraig-Hallum--14.05%9.45%
Jun 04, 2024Janine StichterBTIG--16.58%9.45%
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The latest Boot Barn stock forecast, released on Oct 29, 2024 by Jeremy Hamblin from Craig-Hallum, set a price target of $160.00, which represents a 25.11% increase from the stock price at the time of the forecast ($127.89), and a 16.75% increase from BOOT last price ($137.05).

Boot Barn Price Target by Period


1M3M12M
# Anlaysts3619
Avg Price Target$171.67$172.33$141.00
Last Closing Price$137.05$137.05$137.05
Upside/Downside25.26%25.74%2.88%

In the current month, the average price target of Boot Barn stock is $171.67, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 25.26% increase as opposed to Boot Barn's last price of $137.05. This month's average price target is down -0.38% compared to last quarter, and up 21.75% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 29, 2024UBSBuyBuyHold
Oct 29, 2024Craig-HallumHoldHoldHold
Oct 29, 2024BTIGBuyBuyHold
Oct 29, 2024Cowen & Co.BuyBuyHold
Oct 29, 2024JefferiesBuyBuyHold
Oct 22, 2024Seaport GlobalBuyBuyHold
Oct 14, 2024Piper SandlerOverweightOverweightHold
Oct 09, 2024BenchmarkBuyBuyHold
Oct 01, 2024UBSBuyBuyHold
Sep 10, 2024UBSBuyBuyHold
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Boot Barn's last stock rating was published by UBS on Oct 29, 2024. The company gave BOOT a "Buy" rating, the same as its previous rate.

Boot Barn Financial Forecast


Boot Barn Revenue Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18
Revenue---------$520.40M$374.46M$383.69M$425.66M$514.55M$351.55M$365.86M$383.31M$485.90M$312.72M$306.33M$258.87M$302.34M$184.51M$147.77M$188.63M$284.00M$187.18M$185.77M$192.75M$170.77M
Avg Forecast$507.60M$674.32M$484.68M$484.85M$450.67M$593.37M$424.42M$415.17M$384.89M$520.48M$375.67M$362.70M$441.17M$514.11M$343.77M$366.89M$355.13M$483.10M$290.95M$291.55M$233.39M$302.98M$179.85M$137.49M$193.10M$284.08M$184.14M$179.98M$189.29M$113.87M
High Forecast$513.52M$682.19M$490.34M$490.51M$460.93M$594.23M$430.52M$415.24M$384.89M$521.04M$379.18M$366.93M$446.32M$520.11M$343.77M$366.89M$355.13M$483.10M$290.95M$291.55M$233.39M$302.98M$179.85M$137.49M$193.10M$284.08M$184.14M$179.98M$189.29M$136.64M
Low Forecast$499.04M$662.96M$476.51M$476.68M$436.74M$592.28M$418.32M$415.11M$384.89M$520.14M$359.51M$356.59M$433.73M$505.45M$343.77M$366.89M$355.13M$483.10M$290.95M$291.55M$233.39M$302.98M$179.85M$137.49M$193.10M$284.08M$184.14M$179.98M$189.29M$91.09M
# Analysts433599822513665511101110988149915891518
Surprise %---------1.00%1.00%1.06%0.96%1.00%1.02%1.00%1.08%1.01%1.07%1.05%1.11%1.00%1.03%1.07%0.98%1.00%1.02%1.03%1.02%1.50%

Boot Barn's average Quarter revenue forecast for Mar 24 based on 2 analysts is $384.89M, with a low forecast of $384.89M, and a high forecast of $384.89M. BOOT's average Quarter revenue forecast represents a -26.04% decrease compared to the company's last Quarter revenue of $520.40M (Dec 23).

Boot Barn EBITDA Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18
# Analysts433599822513665511101110988149915891518
EBITDA---------$75.15M$38.58M$57.09M$72.83M$81.75M$44.15M$60.19M$69.76M$99.18M$47.64M$69.14M$47.98M$56.36M$24.88M$15.85M$23.66M$48.48M$25.66M$28.30M$21.68M$15.89M
Avg Forecast$88.29M$117.30M$84.31M$84.34M$78.39M$103.22M$73.83M$72.22M$74.82M$90.54M$65.35M$63.09M$68.02M$99.17M$58.22M$62.13M$61.83M$81.81M$49.27M$49.37M$45.34M$51.31M$30.46M$23.28M$20.42M$48.11M$31.18M$30.48M$11.04M$8.74M
High Forecast$89.33M$118.67M$85.29M$85.32M$80.18M$103.36M$74.89M$72.23M$89.78M$90.63M$65.96M$63.83M$81.62M$119.01M$58.22M$62.13M$74.20M$81.81M$49.27M$49.37M$54.41M$51.31M$30.46M$23.28M$24.50M$48.11M$31.18M$30.48M$13.24M$10.49M
Low Forecast$86.81M$115.32M$82.89M$82.92M$75.97M$103.03M$72.77M$72.21M$59.85M$90.48M$62.54M$62.03M$54.41M$79.34M$58.22M$62.13M$49.47M$81.81M$49.27M$49.37M$36.28M$51.31M$30.46M$23.28M$16.33M$48.11M$31.18M$30.48M$8.83M$6.99M
Surprise %---------0.83%0.59%0.90%1.07%0.82%0.76%0.97%1.13%1.21%0.97%1.40%1.06%1.10%0.82%0.68%1.16%1.01%0.82%0.93%1.96%1.82%

2 analysts predict BOOT's average Quarter EBITDA for Mar 24 to be $74.82M, with a high of $89.78M and a low of $59.85M. This is -0.44% lower than Boot Barn's previous annual EBITDA (Dec 23) of $75.15M.

Boot Barn Net Income Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18
# Analysts433599822513665511101110988149915891518
Net Income---------$55.62M$27.68M$34.25M$46.41M$52.77M$32.05M$39.32M$44.71M$69.23M$37.86M$40.65M$24.55M$29.57M$5.76M$-490.00K$5.73M$24.82M$7.68M$9.72M$8.70M$6.86M
Avg Forecast$44.30M$75.98M$36.48M$45.22M$38.34M$63.30M$29.65M$33.28M$47.95M$55.16M$27.25M$25.90M$43.60M$74.44M$28.65M$35.65M$39.63M$68.43M$28.66M$27.54M$23.20M$30.71M$3.68M$-5.31M$6.58M$25.33M$6.12M$6.66M$7.09M$3.77M
High Forecast$44.97M$77.13M$37.03M$45.91M$41.10M$64.23M$30.10M$33.41M$57.55M$56.00M$27.86M$26.30M$52.31M$89.33M$28.65M$35.69M$47.56M$68.43M$28.66M$27.54M$27.84M$30.71M$3.68M$-5.31M$7.89M$25.33M$6.12M$6.66M$8.50M$4.52M
Low Forecast$43.33M$74.31M$35.68M$44.23M$35.88M$61.74M$29.00M$33.14M$38.36M$54.86M$25.72M$25.34M$34.88M$59.55M$28.65M$35.62M$31.71M$68.43M$28.66M$27.54M$18.56M$30.71M$3.68M$-5.31M$5.26M$25.33M$6.12M$6.66M$5.67M$3.02M
Surprise %---------1.01%1.02%1.32%1.06%0.71%1.12%1.10%1.13%1.01%1.32%1.48%1.06%0.96%1.57%0.09%0.87%0.98%1.25%1.46%1.23%1.82%

Boot Barn's average Quarter net income forecast for Mar 24 is $47.95M, with a range of $38.36M to $57.55M. BOOT's average Quarter net income forecast represents a -13.79% decrease compared to the company's last Quarter net income of $55.62M (Dec 23).

Boot Barn SG&A Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18
# Analysts433599822513665511101110988149915891518
SG&A---------$123.96M$95.34M$95.72M$93.12M$115.32M$84.95M$85.41M$86.45M$99.47M$68.04M$62.78M$59.52M$65.18M$45.45M$38.40M$48.27M$62.06M$46.40M$46.09M$46.91M$41.61M
Avg Forecast$118.20M$157.02M$112.86M$112.90M$104.94M$138.17M$98.83M$96.68M$92.71M$121.20M$87.48M$84.46M$84.29M$106.95M$80.05M$85.43M$76.62M$112.49M$67.75M$67.89M$56.25M$70.55M$41.88M$32.01M$55.42M$66.15M$42.88M$41.91M$38.22M$22.89M
High Forecast$119.58M$158.85M$114.18M$114.22M$107.33M$138.37M$100.25M$96.69M$111.26M$121.33M$88.30M$85.44M$101.14M$128.34M$80.05M$85.43M$91.95M$112.49M$67.75M$67.89M$67.49M$70.55M$41.88M$32.01M$66.50M$66.15M$42.88M$41.91M$45.86M$27.47M
Low Forecast$116.21M$154.37M$110.96M$111.00M$101.70M$137.92M$97.41M$96.66M$74.17M$121.12M$83.71M$83.03M$67.43M$85.56M$80.05M$85.43M$61.30M$112.49M$67.75M$67.89M$45.00M$70.55M$41.88M$32.01M$44.33M$66.15M$42.88M$41.91M$30.58M$18.31M
Surprise %---------1.02%1.09%1.13%1.10%1.08%1.06%1.00%1.13%0.88%1.00%0.92%1.06%0.92%1.09%1.20%0.87%0.94%1.08%1.10%1.23%1.82%

Boot Barn's average Quarter SG&A projection for Mar 24 is $92.71M, based on 2 Wall Street analysts, with a range of $74.17M to $111.26M. The forecast indicates a -25.21% fall compared to BOOT last annual SG&A of $123.96M (Dec 23).

Boot Barn EPS Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18
# Analysts433599822513665511101110988149915891518
EPS---------$1.84$0.92$1.14$1.55$1.77$1.08$1.32$1.51$2.34$1.28$1.38$0.84$1.02$0.20$-0.02$0.20$0.87$0.27$0.34$0.31$0.25
Avg Forecast$1.43$2.46$1.18$1.46$1.24$2.05$0.96$1.08$0.89$1.79$0.88$0.84$1.44$1.76$0.93$1.16$1.32$2.22$0.93$0.89$0.48$1.00$0.12$-0.17$0.25$0.82$0.20$0.22$0.27$0.09
High Forecast$1.46$2.50$1.20$1.49$1.33$2.08$0.97$1.08$0.89$1.81$0.90$0.85$1.44$1.78$0.93$1.16$1.37$2.22$0.93$0.89$0.48$1.00$0.12$-0.17$0.25$0.82$0.20$0.22$0.27$0.11
Low Forecast$1.40$2.41$1.15$1.43$1.16$2.00$0.94$1.07$0.89$1.78$0.83$0.82$1.43$1.72$0.93$1.16$1.27$2.22$0.93$0.89$0.48$1.00$0.12$-0.17$0.25$0.82$0.20$0.22$0.27$0.07
Surprise %---------1.03%1.04%1.36%1.08%1.01%1.16%1.14%1.14%1.05%1.38%1.54%1.74%1.02%1.68%0.12%0.79%1.06%1.36%1.57%1.13%2.78%

According to 2 Wall Street analysts, Boot Barn's projected average Quarter EPS for Mar 24 is $0.89, with a low estimate of $0.89 and a high estimate of $0.89. This represents a -51.89% decrease compared to BOOT previous annual EPS of $1.84 (Dec 23).

Boot Barn Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
GESGuess'--71.35%Hold
SCVLShoe Carnival--35.69%Buy
PLCEChildren's Place--27.33%Hold
BOOTBoot Barn--17.48%Buy
ROSTRoss Stores--5.77%Buy
BKEBuckle---5.85%Strong Buy
BURLBurlington Stores---8.75%Buy
ZUMZZumiez---14.55%Hold
HIBBHibbett---18.73%Hold

BOOT Forecast FAQ


Is Boot Barn a good buy?

Yes, according to 11 Wall Street analysts, Boot Barn (BOOT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 81.82% of BOOT's total ratings.

What is BOOT's price target?

Boot Barn (BOOT) average price target is $161 with a range of $135 to $185, implying a 17.48% from its last price of $137.05. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Boot Barn stock go up soon?

According to Wall Street analysts' prediction for BOOT stock, the company can go up by 17.48% (from the last price of $137.05 to the average price target of $161), up by 34.99% based on the highest stock price target, and down by -1.50% based on the lowest stock price target.

Can Boot Barn stock reach $200?

BOOT's average twelve months analyst stock price target of $161 does not support the claim that Boot Barn can reach $200 in the near future.

What is Boot Barn's current price target trend?

3 Wall Street analysts forecast a $171.67 price target for Boot Barn (BOOT) this month, up 25.26% from its last price of $137.05. Compared to the last 3 and 12 months, the average price target increased by 25.74% and increased by 2.88%, respectively.

What are Boot Barn's analysts' financial forecasts?

Boot Barn's analysts financial forecasts for the fiscal year (Mar 2025) are as follows: average revenue is $1.88B (high $1.9B, low $1.86B), average EBITDA is $327.65M (high $330.66M, low $323.97M), average net income is $164.56M (high $168.84M, low $159.77M), average SG&A $438.62M (high $442.64M, low $433.68M), and average EPS is $5.33 (high $5.46, low $5.17). BOOT's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $2.15B (high $2.18B, low $2.12B), average EBITDA is $374.24M (high $378.61M, low $367.93M), average net income is $201.98M (high $205.04M, low $197.55M), average SG&A $500.98M (high $506.83M, low $492.54M), and average EPS is $6.54 (high $6.64, low $6.39).

Did the BOOT's actual financial results beat the analysts' financial forecasts?

Based on Boot Barn's last annual report (Mar 2023), the company's revenue was $1.66B, which missed the average analysts forecast of $1.67B by -0.50%. Apple's EBITDA was $267.7M, missing the average prediction of $287.54M by -6.90%. The company's net income was $170.55M, missing the average estimation of $182.33M by -6.46%. Apple's SG&A was $378.78M, beating the average forecast of $356.71M by 6.19%. Lastly, the company's EPS was $5.72, beating the average prediction of $5.28 by 8.37%. In terms of the last quarterly report (Dec 2023), Boot Barn's revenue was $520.4M, missing the average analysts' forecast of $520.48M by -0.02%. The company's EBITDA was $75.15M, missing the average prediction of $90.54M by -17.00%. Boot Barn's net income was $55.62M, beating the average estimation of $55.16M by 0.83%. The company's SG&A was $123.96M, beating the average forecast of $121.2M by 2.28%. Lastly, the company's EPS was $1.84, beating the average prediction of $1.79 by 3.06%