Dole (DOLE) Stock Forecast, Price Target & Predictions
DOLE Stock Forecast
Dole stock forecast is as follows: an average price target of $16.67 (represents a 3.16% upside from DOLE’s last price of $16.16) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
DOLE Price Target
The average price target for Dole (DOLE) is $16.67 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $12.00. This represents a potential 3.16% upside from DOLE's last price of $16.16.
DOLE Analyst Ratings
According to 2 Wall Street analysts, Dole's rating consensus is 'Buy'. The analyst rating breakdown for DOLE stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Dole Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 15, 2024 | Bryan Spillane | Bank of America Securities | $12.00 | $14.79 | -18.86% | -25.74% |
| Aug 15, 2024 | Christopher Barnes | Deutsche Bank | $18.00 | $14.79 | 21.70% | 11.39% |
| Aug 14, 2024 | Adam Samuelson | Goldman Sachs | $20.00 | $14.79 | 35.23% | 23.76% |
The latest Dole stock forecast, released on Aug 15, 2024 by Bryan Spillane from Bank of America Securities, set a price target of $12.00, which represents a -18.86% decrease from the stock price at the time of the forecast ($14.79), and a -25.74% decrease from DOLE last price ($16.16).
Dole Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 3 |
| Avg Price Target | - | $16.67 | $16.67 |
| Last Closing Price | $16.16 | $16.16 | $16.16 |
| Upside/Downside | -100.00% | 3.16% | 3.16% |
In the current month, the average price target of Dole stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Dole's last price of $16.16. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 15, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Aug 14, 2024 | Goldman Sachs | Buy | Buy | Hold |
| May 15, 2024 | Goldman Sachs | Buy | Buy | Hold |
Dole's last stock rating was published by Deutsche Bank on Aug 15, 2024. The company gave DOLE a "Buy" rating, the same as its previous rate.
Dole Financial Forecast
Dole Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $1.99B | $2.36B | $2.27B | $2.36B | $2.24B | - | $1.94B | - |
| Avg Forecast | $2.11B | $2.06B | $2.27B | $2.17B | $2.03B | $2.00B | $2.10B | $2.12B | $2.15B | $2.18B | $2.27B | $2.19B | $2.27B | $2.29B | $2.49B | $2.32B | $2.23B | $2.64B | $2.43B |
| High Forecast | $2.13B | $2.08B | $2.29B | $2.20B | $2.05B | $2.03B | $2.12B | $2.14B | $2.18B | $2.20B | $2.29B | $2.21B | $2.29B | $2.32B | $2.49B | $2.46B | $2.36B | $2.80B | $2.57B |
| Low Forecast | $2.07B | $2.02B | $2.23B | $2.14B | $1.99B | $1.97B | $2.06B | $2.08B | $2.12B | $2.14B | $2.23B | $2.15B | $2.23B | $2.25B | $2.49B | $2.25B | $2.16B | $2.55B | $2.35B |
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 1.04% | 0.99% | 0.95% | 0.97% | - | 0.74% | - |
Dole's average Quarter revenue forecast for Jun 23 based on 1 analysts is $2.27B, with a low forecast of $2.23B, and a high forecast of $2.29B. DOLE's average Quarter revenue forecast represents a 13.90% increase compared to the company's last Quarter revenue of $1.99B (Mar 23).
Dole EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $94.53M | $22.55M | $56.40M | $86.31M | $44.22M | - | $1.18M | - |
| Avg Forecast | $48.74M | $47.59M | $52.49M | $50.26M | $46.91M | $46.33M | $48.52M | $49.03M | $49.81M | $50.40M | $52.41M | $50.66M | $52.47M | $53.01M | $57.52M | $47.64M | $51.63M | $61.11M | $56.17M |
| High Forecast | $49.29M | $48.12M | $53.08M | $50.83M | $47.44M | $46.85M | $49.07M | $49.58M | $50.37M | $50.96M | $53.00M | $51.23M | $53.06M | $53.60M | $57.52M | $57.17M | $54.70M | $64.73M | $59.50M |
| Low Forecast | $47.94M | $46.81M | $51.62M | $49.44M | $46.14M | $45.57M | $47.73M | $48.22M | $48.99M | $49.57M | $51.55M | $49.83M | $51.61M | $52.14M | $57.52M | $38.11M | $49.90M | $59.06M | $54.29M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.87% | 0.43% | 1.06% | 1.50% | 0.93% | - | 0.02% | - |
1 analysts predict DOLE's average Quarter EBITDA for Jun 23 to be $52.41M, with a high of $53.00M and a low of $51.55M. This is -44.56% lower than Dole's previous annual EBITDA (Mar 23) of $94.53M.
Dole Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $33.51M | $10.61M | $39.84M | $41.27M | $2.71M | - | $-28.52M | - |
| Avg Forecast | $17.16M | $29.56M | $55.93M | $44.49M | $9.53M | $20.02M | $40.68M | $29.56M | $7.15M | $10.53M | $32.89M | $17.41M | $5.84M | $10.49M | $33.98M | $-1.59M | $9.33M | $19.04M | $43.02M |
| High Forecast | $17.41M | $29.99M | $56.75M | $45.14M | $9.67M | $23.02M | $41.27M | $29.99M | $14.30M | $10.68M | $33.37M | $17.66M | $5.93M | $10.64M | $33.98M | $-1.27M | $10.05M | $20.51M | $46.34M |
| Low Forecast | $16.80M | $28.93M | $54.74M | $43.54M | $9.33M | $17.02M | $39.81M | $28.93M | $-2.38M | $10.30M | $32.19M | $17.04M | $5.72M | $10.26M | $33.98M | $-1.91M | $8.92M | $18.21M | $41.15M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.92% | 1.81% | 3.80% | 1.21% | -1.70% | - | -1.50% | - |
Dole's average Quarter net income forecast for Jun 23 is $32.89M, with a range of $32.19M to $33.37M. DOLE's average Quarter net income forecast represents a -1.85% decrease compared to the company's last Quarter net income of $33.51M (Mar 23).
Dole SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $120.88M | $127.67M | $116.33M | $123.56M | $124.16M | - | $110.21M | - |
| Avg Forecast | $120.41M | $117.55M | $129.65M | $124.16M | $115.89M | $114.45M | $119.87M | $121.11M | $123.04M | $124.49M | $129.48M | $125.15M | $129.62M | $130.94M | $142.10M | $141.90M | $127.55M | $150.95M | $138.75M |
| High Forecast | $121.77M | $118.88M | $131.11M | $125.55M | $117.19M | $115.73M | $121.22M | $122.47M | $124.42M | $125.89M | $130.93M | $126.56M | $131.07M | $132.41M | $142.10M | $170.28M | $135.12M | $159.91M | $146.99M |
| Low Forecast | $118.44M | $115.63M | $127.53M | $122.12M | $113.99M | $112.57M | $117.90M | $119.12M | $121.02M | $122.45M | $127.35M | $123.10M | $127.49M | $128.79M | $142.10M | $113.52M | $123.28M | $145.90M | $134.11M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.98% | 0.89% | 0.87% | 0.88% | - | 0.73% | - |
Dole's average Quarter SG&A projection for Jun 23 is $129.48M, based on 1 Wall Street analysts, with a range of $127.35M to $130.93M. The forecast indicates a 7.11% rise compared to DOLE last annual SG&A of $120.88M (Mar 23).
Dole EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $0.35 | $0.11 | $0.42 | $0.44 | $0.03 | - | $-0.35 | - |
| Avg Forecast | $0.18 | $0.31 | $0.59 | $0.47 | $0.10 | $0.21 | $0.43 | $0.31 | $0.07 | $0.11 | $0.34 | $0.18 | $0.06 | $0.11 | $0.36 | $0.27 | $0.10 | $0.20 | $0.45 |
| High Forecast | $0.18 | $0.31 | $0.60 | $0.47 | $0.10 | $0.24 | $0.43 | $0.31 | $0.15 | $0.11 | $0.35 | $0.19 | $0.06 | $0.11 | $0.36 | $0.29 | $0.11 | $0.22 | $0.49 |
| Low Forecast | $0.18 | $0.30 | $0.57 | $0.46 | $0.10 | $0.18 | $0.42 | $0.30 | $-0.03 | $0.11 | $0.34 | $0.18 | $0.06 | $0.11 | $0.36 | $0.26 | $0.09 | $0.19 | $0.43 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.92% | 1.79% | 3.82% | 1.23% | 0.10% | - | -1.75% | - |
According to 1 Wall Street analysts, Dole's projected average Quarter EPS for Jun 23 is $0.34, with a low estimate of $0.34 and a high estimate of $0.35. This represents a -1.43% decrease compared to DOLE previous annual EPS of $0.35 (Mar 23).
Dole Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BG | Bunge | $97.38 | $128.43 | 31.89% | Buy |
| ADM | Archer-Daniels-Midland Company | $60.39 | $70.60 | 16.91% | Hold |
| DOLE | Dole | $16.16 | $16.67 | 3.16% | Buy |
| AGRO | Adecoagro | $11.57 | $11.50 | -0.61% | Buy |
| CALM | Cal-Maine Foods | $69.38 | $65.00 | -6.31% | Buy |
| LMNR | Limoneira Company | $25.96 | $21.00 | -19.11% | Buy |
DOLE Forecast FAQ
Is Dole a good buy?
Yes, according to 2 Wall Street analysts, Dole (DOLE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of DOLE's total ratings.
What is DOLE's price target?
Dole (DOLE) average price target is $16.67 with a range of $12 to $20, implying a 3.16% from its last price of $16.16. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Dole stock go up soon?
According to Wall Street analysts' prediction for DOLE stock, the company can go up by 3.16% (from the last price of $16.16 to the average price target of $16.67), up by 23.76% based on the highest stock price target, and down by -25.74% based on the lowest stock price target.
Can Dole stock reach $20?
DOLE's average twelve months analyst stock price target of $16.67 does not support the claim that Dole can reach $20 in the near future.
What are Dole's analysts' financial forecasts?
Dole's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $8.25B (high $8.34B, low $8.11B), average EBITDA is $190.79M (high $192.94M, low $187.66M), average net income is $99.79M (high $103.96M, low $95.09M), average SG&A $471.32M (high $476.61M, low $463.58M), and average EPS is $1.05 (high $1.09, low $0.997). DOLE's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $8.61B (high $8.7B, low $8.46B), average EBITDA is $199.08M (high $201.32M, low $195.81M), average net income is $147.14M (high $149.29M, low $144M), average SG&A $491.78M (high $497.31M, low $483.71M), and average EPS is $1.54 (high $1.57, low $1.51).
Did the DOLE's actual financial results beat the analysts' financial forecasts?
Based on Dole's last annual report (Dec 2022), the company's revenue was $9.23B, which missed the average analysts forecast of $9.37B by -1.50%. Apple's EBITDA was $251.96M, beating the average prediction of $210.64M by 19.62%. The company's net income was $86.5M, beating the average estimation of $48.71M by 77.56%. Apple's SG&A was $491.71M, missing the average forecast of $544.55M by -9.70%. Lastly, the company's EPS was $0.91, beating the average prediction of $0.8 by 13.74%. In terms of the last quarterly report (Mar 2023), Dole's revenue was $1.99B, missing the average analysts' forecast of $2.19B by -9.17%. The company's EBITDA was $94.54M, beating the average prediction of $50.66M by 86.59%. Dole's net income was $33.51M, beating the average estimation of $17.41M by 92.49%. The company's SG&A was $120.88M, missing the average forecast of $125.15M by -3.42%. Lastly, the company's EPS was $0.35, beating the average prediction of $0.183 by 91.68%