Solo Brands (DTC) Stock Forecast, Price Target & Predictions


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DTC Stock Forecast


Solo Brands stock forecast is as follows: an average price target of $3.98 (represents a 268.52% upside from DTC’s last price of $1.08) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.

DTC Price Target


The average price target for Solo Brands (DTC) is $3.98 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $11.00 to $1.35. This represents a potential 268.52% upside from DTC's last price of $1.08.

DTC Analyst Ratings


Buy

According to 13 Wall Street analysts, Solo Brands's rating consensus is 'Buy'. The analyst rating breakdown for DTC stock is 0 'Strong Buy' (0.00%), 9 'Buy' (69.23%), 4 'Hold' (30.77%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Solo Brands Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 12, 2024Brian McNamaraCanaccord Genuity$3.00$1.49101.34%177.78%
Aug 08, 2024Wendy NicholsonCitigroup$1.35$1.0923.85%25.00%
Aug 07, 2024Randal KonikJefferies$1.53$1.0940.37%41.67%
Mar 15, 2024Peter KeithPiper Sandler$3.00$2.3428.21%177.78%
Mar 14, 2024Randal KonikJefferies$3.05$2.1243.87%182.41%
Mar 13, 2024Brian McNamaraCanaccord Genuity$5.00$2.41107.47%362.96%
Nov 17, 2022-Canaccord Genuity$7.00$4.6749.89%548.15%
Aug 12, 2022-Credit Suisse$11.00$5.6893.69%918.52%
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The latest Solo Brands stock forecast, released on Sep 12, 2024 by Brian McNamara from Canaccord Genuity, set a price target of $3.00, which represents a 101.34% increase from the stock price at the time of the forecast ($1.49), and a 177.78% increase from DTC last price ($1.08).

Solo Brands Price Target by Period


1M3M12M
# Anlaysts-16
Avg Price Target-$3.00$2.82
Last Closing Price$1.08$1.08$1.08
Upside/Downside-100.00%177.78%161.11%

In the current month, the average price target of Solo Brands stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Solo Brands's last price of $1.08. 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


DateCompanyPrevious RatingNew RatingRating Change
Oct 14, 2024Canaccord GenuityBuyBuyHold
Sep 12, 2024Canaccord GenuityBuyBuyHold
Aug 08, 2024CitigroupNeutralNeutralHold
Aug 07, 2024JefferiesHoldHoldHold
May 10, 2024NeedhamHoldHoldHold
Nov 06, 2023Piper Sandler-OverweightInitialise
Sep 25, 2023Goldman Sachs-NeutralInitialise
Sep 25, 2023JMP Securities-Market OutperformInitialise
Sep 25, 2023Craig-Hallum-BuyInitialise
Sep 25, 2023Argus Research-BuyInitialise
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Solo Brands's last stock rating was published by Canaccord Genuity on Oct 14, 2024. The company gave DTC a "Buy" rating, the same as its previous rate.

Solo Brands Financial Forecast


Solo Brands Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Revenue--------$165.32M$110.32M-$88.21M$197.24M$102.16M$136.02M$82.20M$176.47M$69.43M
Avg Forecast$168.64M$98.40M$130.09M$85.22M$162.94M$92.61M$128.42M$77.61M$166.13M$103.70M$129.79M$84.83M$156.41M$85.14M$125.08M$84.50M$174.38M$68.08M
High Forecast$171.16M$99.87M$132.03M$86.21M$165.00M$93.52M$128.42M$77.61M$168.77M$103.70M$131.73M$86.10M$158.74M$89.98M$132.20M$89.31M$184.31M$71.96M
Low Forecast$165.27M$96.44M$127.49M$84.23M$159.97M$91.69M$128.42M$77.61M$164.08M$103.70M$127.20M$83.14M$153.28M$81.06M$119.09M$80.46M$166.03M$64.82M
# Analysts111354336333444433
Surprise %--------1.00%1.06%-1.04%1.26%1.20%1.09%0.97%1.01%1.02%

Solo Brands's average Quarter revenue forecast for Mar 24 based on 3 analysts is $77.61M, with a low forecast of $77.61M, and a high forecast of $77.61M. DTC's average Quarter revenue forecast represents a -53.05% decrease compared to the company's last Quarter revenue of $165.32M (Dec 23).

Solo Brands EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111354336333444433
EBITDA--------$-233.34M$6.71M-$9.54M$33.22M$3.02M$16.18M$2.62M$15.39M$6.20M
Avg Forecast$-13.32M$-7.77M$-10.27M$-6.73M$-12.87M$-7.31M$-10.14M$-6.13M$-13.12M$-8.19M$-10.25M$-6.70M$-12.35M$-5.52M$-8.11M$1.57M$-11.31M$-4.42M
High Forecast$-13.05M$-7.62M$-10.07M$-6.65M$-12.63M$-7.24M$-10.14M$-6.13M$-12.96M$-8.19M$-10.05M$-6.57M$-12.10M$-5.26M$-7.73M$1.89M$-10.77M$-4.21M
Low Forecast$-13.52M$-7.89M$-10.43M$-6.81M$-13.03M$-7.39M$-10.14M$-6.13M$-13.33M$-8.19M$-10.40M$-6.80M$-12.54M$-5.84M$-8.58M$1.26M$-11.96M$-4.67M
Surprise %--------17.79%-0.82%--1.42%-2.69%-0.55%-1.99%1.66%-1.36%-1.40%

6 analysts predict DTC's average Quarter EBITDA for Dec 23 to be $-13.12M, with a high of $-12.96M and a low of $-13.33M. This is -295.52% lower than Solo Brands's previous annual EBITDA (Sep 23) of $6.71M.

Solo Brands Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111354336333444433
Net Income--------$-210.86M$3.08M-$924.00K$19.51M$-4.02M$-19.87M$-3.23M$12.41M$1.18M
Avg Forecast$8.83M$-210.18K$8.28M$447.63K$7.32M$1.49M$7.54M$-581.23K$9.90M$6.55M$11.95M$3.58M$13.27M$3.36M$17.14M$-839.44K$18.82M$7.92M
High Forecast$9.00M$-204.72K$8.44M$456.30K$11.32M$1.52M$7.55M$-566.13K$17.48M$6.55M$12.18M$3.65M$13.53M$3.61M$18.41M$-671.55K$20.22M$8.50M
Low Forecast$8.60M$-214.25K$8.06M$358.11K$3.33M$1.45M$7.54M$-592.49K$3.50M$6.55M$11.64M$3.49M$12.93M$3.15M$16.08M$-1.01M$17.65M$7.43M
Surprise %---------21.29%0.47%-0.26%1.47%-1.20%-1.16%3.85%0.66%0.15%

Solo Brands's average Quarter net income forecast for Dec 23 is $9.90M, with a range of $3.50M to $17.48M. DTC's average Quarter net income forecast represents a 221.23% increase compared to the company's last Quarter net income of $3.08M (Sep 23).

Solo Brands SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111354336333444433
SG&A--------$79.95M$61.33M-$44.62M$84.75M$59.49M$69.17M$45.64M$82.54M$28.58M
Avg Forecast$71.18M$41.53M$54.91M$35.97M$68.77M$39.09M$54.20M$32.76M$70.12M$43.77M$54.78M$35.81M$66.01M$35.88M$52.71M$18.83M$73.49M$28.69M
High Forecast$72.24M$42.15M$55.73M$36.39M$69.64M$39.47M$54.20M$32.76M$71.23M$43.77M$55.60M$36.34M$67.00M$37.92M$55.71M$22.59M$77.67M$30.32M
Low Forecast$69.76M$40.70M$53.81M$35.55M$67.52M$38.70M$54.20M$32.76M$69.25M$43.77M$53.69M$35.09M$64.70M$34.16M$50.19M$15.06M$69.97M$27.32M
Surprise %--------1.14%1.40%-1.25%1.28%1.66%1.31%2.42%1.12%1.00%

Solo Brands's average Quarter SG&A projection for Mar 24 is $32.76M, based on 3 Wall Street analysts, with a range of $32.76M to $32.76M. The forecast indicates a -59.03% fall compared to DTC last annual SG&A of $79.95M (Dec 23).

Solo Brands EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111354336333444433
EPS--------$-3.64$0.05-$0.01$0.31$-0.06$-0.31$-0.05$0.20$0.02
Avg Forecast$0.15$-0.00$0.14$0.01$0.13$0.03$0.13$-0.01$0.17$0.11$0.20$0.06$0.23$0.06$0.29$0.08$0.32$0.14
High Forecast$0.15$-0.00$0.14$0.01$0.19$0.03$0.13$-0.01$0.30$0.11$0.21$0.06$0.23$0.06$0.32$0.09$0.35$0.15
Low Forecast$0.15$-0.00$0.14$0.01$0.06$0.02$0.13$-0.01$0.06$0.11$0.20$0.06$0.22$0.05$0.28$0.08$0.30$0.13
Surprise %---------21.52%0.48%-0.16%1.37%-1.10%-1.05%-0.63%0.62%0.14%

According to 6 Wall Street analysts, Solo Brands's projected average Quarter EPS for Dec 23 is $0.17, with a low estimate of $0.06 and a high estimate of $0.30. This represents a 217.37% increase compared to DTC previous annual EPS of $0.05 (Sep 23).

Solo Brands Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DADADada Nexus$1.40$6.14338.57%Hold
DTCSolo Brands$1.08$3.98268.52%Buy
DIBS1stdibs$3.80$8.00110.53%Buy
BZUNBaozun$2.59$5.35106.56%Buy
JDJD$35.18$69.1396.50%Buy
VIPSVipshop$13.54$16.1719.42%Hold

DTC Forecast FAQ


Is Solo Brands a good buy?

Yes, according to 13 Wall Street analysts, Solo Brands (DTC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 69.23% of DTC's total ratings.

What is DTC's price target?

Solo Brands (DTC) average price target is $3.98 with a range of $1.35 to $11, implying a 268.52% from its last price of $1.08. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Solo Brands stock go up soon?

According to Wall Street analysts' prediction for DTC stock, the company can go up by 268.52% (from the last price of $1.08 to the average price target of $3.98), up by 918.52% based on the highest stock price target, and up by 25.00% based on the lowest stock price target.

Can Solo Brands stock reach $2?

DTC's average twelve months analyst stock price target of $3.98 supports the claim that Solo Brands can reach $2 in the near future.

What are Solo Brands's analysts' financial forecasts?

Solo Brands's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $461.58M (high $464.56M, low $457.7M), average EBITDA is $-36.452M (high $-36.145M, low $-36.687M), average net income is $15.77M (high $19.82M, low $11.72M), average SG&A $194.82M (high $196.08M, low $193.18M), and average EPS is $0.269 (high $0.338, low $0.2). DTC's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $482.36M (high $489.27M, low $473.43M), average EBITDA is $-38.093M (high $-37.388M, low $-38.639M), average net income is $17.34M (high $17.69M, low $16.81M), average SG&A $203.59M (high $206.51M, low $199.82M), and average EPS is $0.296 (high $0.302, low $0.287).

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

Based on Solo Brands's last annual report (Dec 2023), the company's revenue was $494.78M, beating the average analysts forecast of $484.46M by 2.13%. Apple's EBITDA was $-194M, beating the average prediction of $-38.259M by 406.97%. The company's net income was $-195M, missing the average estimation of $31.99M by -710.68%. Apple's SG&A was $249.43M, beating the average forecast of $204.48M by 21.99%. Lastly, the company's EPS was $-3.23, missing the average prediction of $0.546 by -691.19%. In terms of the last quarterly report (Dec 2023), Solo Brands's revenue was $165.32M, missing the average analysts' forecast of $166.13M by -0.49%. The company's EBITDA was $-233M, beating the average prediction of $-13.119M by 1678.59%. Solo Brands's net income was $-211M, missing the average estimation of $9.9M by -2229.17%. The company's SG&A was $79.95M, beating the average forecast of $70.12M by 14.03%. Lastly, the company's EPS was $-3.64, missing the average prediction of $0.169 by -2251.81%