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

OverviewRevenue Ownership Financials Chart Transcripts

DTC Stock Forecast

Solo Brands stock forecast is as follows: an average price target of $1.96 (represents a 81.48% 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 $1.96 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $3.00 to $1.35. This represents a potential 81.48% 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

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Sep 12, 2024	Brian McNamara	Canaccord Genuity	$3.00	$1.49	101.34%	177.78%
Aug 08, 2024	Wendy Nicholson	Citigroup	$1.35	$1.09	23.85%	25.00%
Aug 07, 2024	Randal Konik	Jefferies	$1.53	$1.09	40.37%	41.67%
Mar 15, 2024	Peter Keith	Piper Sandler	$3.00	$2.34	28.21%	177.78%
Mar 14, 2024	Randal Konik	Jefferies	$3.05	$2.12	43.87%	182.41%
Mar 13, 2024	Brian McNamara	Canaccord Genuity	$5.00	$2.41	107.47%	362.96%
Nov 17, 2022		Canaccord Genuity	$7.00	$4.67	49.89%	548.15%
Aug 12, 2022		Credit Suisse	$11.00	$5.68	93.69%	918.52%

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

	1M	3M	12M
# Anlaysts	-	-	6
Avg Price Target	-	-	$2.82
Last Closing Price	$1.08	$1.08	$1.08
Upside/Downside	-100.00%	-100.00%	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 NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 14, 2024	Canaccord Genuity	Buy	Buy	Hold
Sep 12, 2024	Canaccord Genuity	Buy	Buy	Hold
Aug 08, 2024	Citigroup	Neutral	Neutral	Hold
Aug 07, 2024	Jefferies	Hold	Hold	Hold
May 10, 2024	Needham	Hold	Hold	Hold
Nov 06, 2023	Piper Sandler		Overweight	Initialise
Sep 25, 2023	Goldman Sachs		Neutral	Initialise
Sep 25, 2023	JMP Securities		Market Outperform	Initialise
Sep 25, 2023	Craig-Hallum		Buy	Initialise
Sep 25, 2023	Argus Research		Buy	Initialise
Sep 25, 2023	Benchmark		Buy	Initialise
Sep 25, 2023	UBS		Buy	Initialise
Sep 25, 2023	HSBC		Buy	Initialise
Nov 17, 2022	Canaccord Genuity		Buy	Initialise
Aug 12, 2022	Credit Suisse	Outperform	Outperform	Hold

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 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
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	$163.19M	$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	$171.34M	$99.98M	$132.17M	$86.21M	$165.25M	$93.52M	$128.42M	$77.61M	$168.77M	$103.70M	$131.87M	$86.19M	$158.91M	$89.98M	$132.20M	$89.31M	$184.31M	$71.96M
Low Forecast	$165.13M	$96.35M	$127.38M	$84.23M	$160.21M	$91.69M	$128.42M	$77.61M	$164.08M	$103.70M	$127.09M	$83.07M	$153.15M	$81.06M	$119.09M	$80.46M	$166.03M	$64.82M
# Analysts	1	1	1	3	5	4	3	3	6	3	3	3	4	4	4	4	3	3
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 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
# Analysts	1	1	1	3	5	4	3	3	6	3	3	3	4	4	4	4	3	3
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	$-12.89M	$-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	$-13.04M	$-7.61M	$-10.06M	$-6.65M	$-12.65M	$-7.24M	$-10.14M	$-6.13M	$-12.96M	$-8.19M	$-10.04M	$-6.56M	$-12.09M	$-5.26M	$-7.73M	$1.89M	$-10.77M	$-4.21M
Low Forecast	$-13.53M	$-7.90M	$-10.44M	$-6.81M	$-13.05M	$-7.39M	$-10.14M	$-6.13M	$-13.33M	$-8.19M	$-10.41M	$-6.81M	$-12.55M	$-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 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
# Analysts	1	1	1	3	5	4	3	3	6	3	3	3	4	4	4	4	3	3
Net Income	-	-	-	-	-	-	-	-	$-210.86M	$3.08M	-	$924.00K	$19.51M	$-4.02M	$-19.87M	$-3.23M	$12.41M	$1.18M
Avg Forecast	$8.49M	$-830.64K	$8.00M	$131.90K	$6.85M	$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	$8.67M	$-808.13K	$8.16M	$134.64K	$10.59M	$1.52M	$7.55M	$-565.48K	$17.48M	$6.55M	$12.20M	$3.65M	$13.55M	$3.61M	$18.41M	$-671.55K	$20.22M	$8.50M
Low Forecast	$8.26M	$-847.90K	$7.78M	$105.52K	$3.11M	$1.45M	$7.54M	$-593.31K	$3.50M	$6.55M	$11.63M	$3.48M	$12.91M	$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 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
# Analysts	1	1	1	3	5	4	3	3	6	3	3	3	4	4	4	4	3	3
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	$68.88M	$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	$72.32M	$42.20M	$55.79M	$36.39M	$69.75M	$39.47M	$54.20M	$32.76M	$71.23M	$43.77M	$55.66M	$36.38M	$67.07M	$37.92M	$55.71M	$22.59M	$77.67M	$30.32M
Low Forecast	$69.70M	$40.67M	$53.76M	$35.55M	$67.62M	$38.70M	$54.20M	$32.76M	$69.25M	$43.77M	$53.64M	$35.06M	$64.64M	$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 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
# Analysts	1	1	1	3	5	4	3	3	6	3	3	3	4	4	4	4	3	3
EPS	-	-	-	-	-	-	-	-	$-3.64	$0.05	-	$0.01	$0.31	$-0.06	$-0.31	$-0.05	$0.20	$0.02
Avg Forecast	$0.15	$-0.01	$0.14	-	$0.12	$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	$-0.01	$0.14	-	$0.18	$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	$0.14	$-0.01	$0.13	-	$0.05	$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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
DIBS	1stdibs	$3.71	$8.00	115.63%	Buy
DTC	Solo Brands	$1.12	$1.96	75.00%	Buy
DADA	Dada Nexus	$1.45	$2.10	44.83%	Hold
VIPS	Vipshop	$13.41	$16.37	22.07%	Hold
LQDT	Liquidity Services	$31.16	$37.00	18.74%	Buy
JD	JD	$37.27	$43.40	16.45%	Buy
BZUN	Baozun	$3.15	$2.20	-30.16%	Buy

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 $1.96 with a range of $1.35 to $3, implying a 81.48% 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 81.48% (from the last price of $1.08 to the average price target of $1.96), up by 177.78% 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 highest twelve months analyst stock price target of $3 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 $461.83M (high $464.81M, low $457.94M), average EBITDA is $-36.471M (high $-36.164M, low $-36.707M), average net income is $15.3M (high $19.09M, low $11.51M), average SG&A $194.92M (high $196.18M, low $193.28M), and average EPS is $0.261 (high $0.326, low $0.197). DTC's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $482.36M (high $489.7M, low $473.09M), average EBITDA is $-38.093M (high $-37.361M, low $-38.673M), average net income is $15.79M (high $16.15M, low $15.3M), average SG&A $203.59M (high $206.69M, low $199.68M), and average EPS is $0.27 (high $0.276, low $0.261).

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%