Solo Brands (DTC) Stock Forecast, Price Target & Predictions
DTC Stock Forecast
Solo Brands stock forecast is as follows: an average price target of $3.98 (represents a 155.13% upside from DTC’s last price of $1.56) 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 155.13% upside from DTC's last price of $1.56.
DTC Analyst Ratings
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% | 92.31% |
| Aug 08, 2024 | Wendy Nicholson | Citigroup | $1.35 | $1.09 | 23.85% | -13.46% |
| Aug 07, 2024 | Randal Konik | Jefferies | $1.53 | $1.09 | 40.37% | -1.92% |
| Mar 15, 2024 | Peter Keith | Piper Sandler | $3.00 | $2.34 | 28.21% | 92.31% |
| Mar 14, 2024 | Randal Konik | Jefferies | $3.05 | $2.12 | 43.87% | 95.51% |
| Mar 13, 2024 | Brian McNamara | Canaccord Genuity | $5.00 | $2.41 | 107.47% | 220.51% |
| Nov 17, 2022 | - | Canaccord Genuity | $7.00 | $4.67 | 49.89% | 348.72% |
| Aug 12, 2022 | - | Credit Suisse | $11.00 | $5.68 | 93.69% | 605.13% |
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 92.31% increase from DTC last price ($1.56).
Solo Brands Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 6 |
| Avg Price Target | $3.00 | $1.96 | $2.82 |
| Last Closing Price | $1.56 | $1.56 | $1.56 |
| Upside/Downside | 92.31% | 25.64% | 80.77% |
In the current month, the average price target of Solo Brands stock is $3.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 92.31% increase as opposed to Solo Brands's last price of $1.56. This month's average price target is up 53.06% compared to last quarter, and up 6.38% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 | HSBC | - | Buy | 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 |
Solo Brands's last stock rating was published by Canaccord Genuity on Sep 12, 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 | $172.31M | $96.41M | $132.56M | $86.23M | $165.50M | $92.95M | $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 | $187.23M | $104.76M | $144.04M | $93.70M | $179.84M | $100.25M | $139.55M | $84.33M | $168.77M | $112.68M | $141.04M | $92.18M | $169.95M | $92.51M | $141.12M | $95.34M | $196.75M | $76.81M |
| Low Forecast | $144.59M | $80.90M | $111.24M | $72.36M | $138.88M | $77.44M | $107.77M | $65.13M | $164.08M | $87.02M | $108.92M | $71.19M | $131.25M | $71.44M | $103.87M | $70.18M | $144.82M | $56.54M |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 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 $65.13M, and a high forecast of $84.33M. 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 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 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 | $-11.18M | $-6.25M | $-8.60M | $-5.59M | $-10.74M | $-6.03M | $-8.33M | $-5.03M | $-10.78M | $-6.73M | $-8.42M | $-5.50M | $-10.15M | $-5.52M | $-8.11M | $1.57M | $-11.31M | $-4.42M |
| High Forecast | $-9.38M | $-5.25M | $-7.22M | $-4.69M | $-9.01M | $-5.02M | $-6.99M | $-4.22M | $-10.64M | $-5.65M | $-7.07M | $-4.62M | $-8.51M | $-4.63M | $-6.74M | $1.89M | $-9.39M | $-3.67M |
| Low Forecast | $-12.15M | $-6.80M | $-9.34M | $-6.08M | $-11.67M | $-6.50M | $-9.05M | $-5.47M | $-10.95M | $-7.31M | $-9.15M | $-5.98M | $-11.03M | $-6.00M | $-9.16M | $1.26M | $-12.76M | $-4.98M |
| Surprise % | - | - | - | - | - | - | - | - | 21.65% | -1.00% | - | -1.73% | -3.27% | -0.55% | -1.99% | 1.66% | -1.36% | -1.40% |
6 analysts predict DTC's average Quarter EBITDA for Dec 23 to be $-10.78M, with a high of $-10.64M and a low of $-10.95M. This is -260.61% 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 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 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 | $10.82M | $2.53M | $9.17M | $1.46M | $8.79M | $1.40M | $7.51M | $-578.71K | $9.86M | $6.52M | $11.90M | $3.56M | $13.22M | $3.36M | $17.14M | $-839.44K | $18.82M | $7.92M |
| High Forecast | $12.03M | $2.81M | $10.21M | $1.62M | $9.77M | $1.68M | $8.35M | $-457.71K | $17.40M | $7.26M | $13.24M | $3.97M | $14.70M | $3.73M | $20.00M | $-671.55K | $21.96M | $9.24M |
| Low Forecast | $8.55M | $2.00M | $7.26M | $1.15M | $6.95M | $1.12M | $5.94M | $-643.87K | $3.48M | $5.16M | $9.41M | $2.82M | $10.45M | $2.65M | $13.37M | $-1.01M | $14.68M | $6.17M |
| Surprise % | - | - | - | - | - | - | - | - | -21.38% | 0.47% | - | 0.26% | 1.48% | -1.20% | -1.16% | 3.85% | 0.66% | 0.15% |
Solo Brands's average Quarter net income forecast for Dec 23 is $9.86M, with a range of $3.48M to $17.40M. DTC's average Quarter net income forecast represents a 219.83% 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 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 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 | $72.62M | $40.63M | $55.87M | $36.34M | $69.75M | $39.17M | $54.12M | $32.71M | $70.01M | $43.70M | $54.70M | $35.75M | $65.92M | $35.88M | $52.71M | $18.83M | $73.49M | $28.69M |
| High Forecast | $78.90M | $44.15M | $60.70M | $39.49M | $75.79M | $42.25M | $58.81M | $35.54M | $71.12M | $47.49M | $59.44M | $38.85M | $71.62M | $38.99M | $59.47M | $22.59M | $82.92M | $32.37M |
| Low Forecast | $60.94M | $34.09M | $46.88M | $30.50M | $58.53M | $32.64M | $45.42M | $27.45M | $69.15M | $36.68M | $45.90M | $30.00M | $55.31M | $30.11M | $43.78M | $15.06M | $61.03M | $23.83M |
| Surprise % | - | - | - | - | - | - | - | - | 1.14% | 1.40% | - | 1.25% | 1.29% | 1.66% | 1.31% | 2.42% | 1.12% | 1.00% |
Solo Brands's average Quarter SG&A projection for Mar 24 is $32.71M, based on 3 Wall Street analysts, with a range of $27.45M to $35.54M. The forecast indicates a -59.09% 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 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 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 | $0.19 | $0.04 | $0.16 | $0.02 | $0.15 | $0.02 | $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 | $0.21 | $0.05 | $0.18 | $0.03 | $0.17 | $0.03 | $0.14 | $-0.01 | $0.30 | $0.12 | $0.23 | $0.07 | $0.25 | $0.06 | $0.34 | $0.09 | $0.38 | $0.16 |
| Low Forecast | $0.15 | $0.03 | $0.12 | $0.02 | $0.12 | $0.02 | $0.10 | $-0.01 | $0.06 | $0.09 | $0.16 | $0.05 | $0.18 | $0.05 | $0.23 | $0.06 | $0.25 | $0.11 |
| 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
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 155.13% from its last price of $1.56. 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 155.13% (from the last price of $1.56 to the average price target of $3.98), up by 605.13% based on the highest stock price target, and down by -13.46% 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 is Solo Brands's current price target trend?
1 Wall Street analyst forecast a $3 price target for Solo Brands (DTC) this month, up 92.31% from its last price of $1.56. Compared to the last 3 and 12 months, the average price target increased by 25.64% and increased by 80.77%, respectively.
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 $464.48M (high $503.96M, low $389.22M), average EBITDA is $-30.133M (high $-25.25M, low $-32.693M), average net income is $17.12M (high $19.35M, low $13.36M), average SG&A $195.75M (high $212.39M, low $164.03M), and average EPS is $0.294 (high $0.332, low $0.229). DTC's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $487.5M (high $529.72M, low $409.09M), average EBITDA is $-31.626M (high $-26.539M, low $-34.365M), average net income is $23.97M (high $26.67M, low $18.96M), average SG&A $205.45M (high $223.24M, low $172.41M), and average EPS is $0.411 (high $0.458, low $0.325).
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 $-31.428M by 517.15%. The company's net income was $-195M, missing the average estimation of $31.85M by -713.34%. Apple's SG&A was $249.43M, beating the average forecast of $204.17M by 22.17%. 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 $-10.777M by 2065.14%. Solo Brands's net income was $-211M, missing the average estimation of $9.86M by -2238.45%. The company's SG&A was $79.95M, beating the average forecast of $70.01M by 14.20%. Lastly, the company's EPS was $-3.64, missing the average prediction of $0.169 by -2251.81%