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ESAB (ESAB) Stock Forecast, Price Target & Predictions

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ESAB Stock Forecast

ESAB stock forecast is as follows: an average price target of $117.50 (represents a -2.63% downside from ESAB’s last price of $120.67) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.

ESAB Price Target

The average price target for ESAB (ESAB) is $117.50 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $120.00 to $115.00. This represents a potential -2.63% downside from ESAB's last price of $120.67.

ESAB Analyst Ratings

Buy

According to 11 Wall Street analysts, ESAB's rating consensus is 'Buy'. The analyst rating breakdown for ESAB stock is 0 'Strong Buy' (0.00%), 6 'Buy' (54.55%), 5 'Hold' (45.45%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

ESAB Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 30, 2024Chris DankertLoop Capital Markets$120.00$125.53-4.41%-0.56%
Jun 20, 2024Bryan BlairOppenheimer$115.00$95.4320.51%-4.70%

The latest ESAB stock forecast, released on Oct 30, 2024 by Chris Dankert from Loop Capital Markets, set a price target of $120.00, which represents a -4.41% decrease from the stock price at the time of the forecast ($125.53), and a -0.56% decrease from ESAB last price ($120.67).

ESAB Price Target by Period

1M3M12M
# Anlaysts-12
Avg Price Target-$120.00$117.50
Last Closing Price$120.67$120.67$120.67
Upside/Downside-100.00%-0.56%-2.63%

In the current month, the average price target of ESAB stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to ESAB's last price of $120.67. 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 30, 2024OppenheimerOutperformOutperformHold
Oct 30, 2024Loop Capital MarketsHoldHoldHold
Jun 20, 2024OppenheimerOutperformInitialise
Sep 18, 2023Cowen & Co.OutperformInitialise
Sep 18, 2023BernsteinUnderperformInitialise
Sep 18, 2023Evercore ISIOutperformInitialise
Sep 18, 2023Wells FargoEqual-WeightInitialise
Sep 18, 2023JefferiesHoldInitialise
Sep 18, 2023RBC CapitalOutperformInitialise
Sep 18, 2023HSBCBuyInitialise
Sep 18, 2023BarclaysOverweightInitialise
Sep 18, 2023UBSNeutralInitialise
Sep 18, 2023Raymond JamesMarket PerformInitialise

ESAB's last stock rating was published by Oppenheimer on Oct 30, 2024. The company gave ESAB a "Outperform" rating, the same as its previous rate.

ESAB Financial Forecast

ESAB Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
Revenue----------------$689.35M$681.00M$720.42M$684.00M$664.13M$620.26M$661.18M
Avg Forecast$797.63M$787.75M$810.22M$772.42M$737.95M$725.86M$751.94M$716.75M$689.52M$678.25M$702.41M$675.18M$641.48M$620.50M$686.75M$653.93M$644.51M$628.17M$665.13M$622.26M$595.83M$584.73M$635.95M
High Forecast$810.40M$800.37M$823.19M$784.79M$749.77M$737.49M$763.98M$728.23M$700.56M$689.11M$713.66M$678.11M$650.14M$621.95M$686.75M$653.93M$647.82M$628.17M$675.78M$632.22M$605.37M$584.73M$635.95M
Low Forecast$777.34M$767.72M$789.61M$752.78M$719.19M$707.41M$732.82M$698.52M$671.98M$661.00M$684.55M$672.00M$631.50M$619.05M$686.75M$653.93M$640.50M$628.17M$648.22M$606.44M$580.67M$584.73M$635.95M
# Analysts11111111111364224222122
Surprise %----------------1.07%1.08%1.08%1.10%1.11%1.06%1.04%

ESAB's average Quarter revenue forecast for Mar 24 based on 2 analysts is $653.93M, with a low forecast of $653.93M, and a high forecast of $653.93M. ESAB's average Quarter revenue forecast represents a -5.14% decrease compared to the company's last Quarter revenue of $689.35M (Dec 23).

ESAB EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
# Analysts11111111111364224222122
EBITDA----------------$103.72M$107.40M$108.64M$131.42M$91.51M$109.97M$111.56M
Avg Forecast$128.31M$126.72M$130.33M$124.25M$118.71M$116.76M$120.96M$115.30M$110.92M$109.10M$112.99M$108.61M$103.19M$99.81M$110.47M$105.19M$103.68M$101.05M$106.99M$100.10M$95.84M$99.11M$92.68M
High Forecast$130.36M$128.75M$132.42M$126.24M$120.61M$118.63M$122.89M$117.14M$112.69M$110.85M$114.80M$109.08M$104.58M$100.05M$110.47M$105.19M$104.21M$101.05M$108.71M$101.70M$97.38M$99.11M$111.22M
Low Forecast$125.04M$123.50M$127.02M$121.09M$115.69M$113.79M$117.88M$112.36M$108.10M$106.33M$110.12M$108.10M$101.58M$99.58M$110.47M$105.19M$103.03M$101.05M$104.27M$97.55M$93.41M$99.11M$74.15M
Surprise %----------------1.00%1.06%1.02%1.31%0.95%1.11%1.20%

2 analysts predict ESAB's average Quarter EBITDA for Mar 24 to be $105.19M, with a high of $105.19M and a low of $105.19M. This is 1.42% upper than ESAB's previous annual EBITDA (Dec 23) of $103.72M.

ESAB Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
# Analysts11111111111364224222122
Net Income----------------$50.24M$57.57M$65.57M$31.90M$60.71M$52.35M$55.25M
Avg Forecast$113.92M$108.55M$113.00M$95.40M$96.32M$91.53M$97.42M$84.94M$84.50M$81.26M$88.71M$77.78M$71.37M$68.56M$77.43M$67.38M$64.13M$58.34M$63.98M$57.03M$54.67M$51.89M$51.42M
High Forecast$116.29M$110.81M$115.35M$97.38M$98.32M$93.44M$99.45M$86.71M$86.26M$82.96M$90.56M$81.42M$75.72M$69.22M$79.72M$67.38M$66.00M$58.35M$65.32M$58.22M$55.81M$51.89M$61.70M
Low Forecast$110.15M$104.96M$109.26M$92.24M$93.13M$88.51M$94.20M$82.13M$81.71M$78.58M$85.78M$75.96M$69.51M$67.90M$75.13M$67.38M$62.26M$58.34M$61.87M$55.15M$52.86M$51.89M$41.14M
Surprise %----------------0.78%0.99%1.02%0.56%1.11%1.01%1.07%

ESAB's average Quarter net income forecast for Mar 24 is $67.38M, with a range of $67.38M to $67.38M. ESAB's average Quarter net income forecast represents a 34.12% increase compared to the company's last Quarter net income of $50.24M (Dec 23).

ESAB SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
# Analysts11111111111364224222122
SG&A----------------$144.64M$145.44M$150.12M$147.28M$139.34M$121.67M$136.94M
Avg Forecast$176.18M$174.00M$178.96M$170.61M$163.00M$160.32M$166.08M$158.31M$152.30M$149.81M$155.14M$149.13M$141.69M$137.05M$151.69M$144.44M$142.36M$138.75M$146.91M$137.44M$131.60M$125.84M$127.45M
High Forecast$179.00M$176.78M$181.82M$173.34M$165.61M$162.89M$168.74M$160.85M$154.74M$152.21M$157.63M$149.78M$143.60M$137.37M$151.69M$144.44M$143.09M$138.75M$149.26M$139.64M$133.71M$125.84M$152.94M
Low Forecast$171.70M$169.57M$174.41M$166.27M$158.85M$156.25M$161.86M$154.29M$148.42M$146.00M$151.20M$148.43M$139.48M$136.73M$151.69M$144.44M$141.47M$138.75M$143.18M$133.95M$128.26M$125.84M$101.96M
Surprise %----------------1.02%1.05%1.02%1.07%1.06%0.97%1.07%

ESAB's average Quarter SG&A projection for Mar 24 is $144.44M, based on 2 Wall Street analysts, with a range of $144.44M to $144.44M. The forecast indicates a -0.14% fall compared to ESAB last annual SG&A of $144.64M (Dec 23).

ESAB EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
# Analysts11111111111364224222122
EPS----------------$0.96$0.95$1.11$0.52$1.00$0.86$0.92
Avg Forecast$1.86$1.78$1.85$1.56$1.58$1.50$1.59$1.39$1.38$1.33$1.45$1.27$1.17$1.12$1.27$1.10$1.05$0.96$1.05$0.93$0.90$0.85$1.01
High Forecast$1.90$1.81$1.89$1.59$1.61$1.53$1.63$1.42$1.41$1.36$1.48$1.33$1.24$1.13$1.31$1.10$1.08$0.96$1.07$0.95$0.91$0.85$1.01
Low Forecast$1.80$1.72$1.79$1.51$1.52$1.45$1.54$1.34$1.34$1.29$1.40$1.24$1.14$1.11$1.23$1.10$1.02$0.96$1.01$0.90$0.87$0.85$1.01
Surprise %----------------0.91%0.99%1.06%0.56%1.12%1.01%0.91%

According to 2 Wall Street analysts, ESAB's projected average Quarter EPS for Mar 24 is $1.10, with a low estimate of $1.10 and a high estimate of $1.10. This represents a 14.90% increase compared to ESAB previous annual EPS of $0.96 (Dec 23).

ESAB Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
RYIRyerson$21.66$36.5068.51%Hold
MECMayville Engineering Company$16.68$24.0043.88%Buy
ATIATI$55.25$77.0039.37%Buy
WORWorthington Industries$38.20$46.0020.42%Hold
NWPXNorthwest Pipe Company$52.15$50.00-4.12%
ESABESAB$129.51$117.50-9.27%Buy
CRSCarpenter$172.56$144.00-16.55%Buy

ESAB Forecast FAQ

Is ESAB a good buy?

Yes, according to 11 Wall Street analysts, ESAB (ESAB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 54.55% of ESAB's total ratings.

What is ESAB's price target?

ESAB (ESAB) average price target is $117.5 with a range of $115 to $120, implying a -2.63% from its last price of $120.67. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will ESAB stock go up soon?

According to Wall Street analysts' prediction for ESAB stock, the company can go down by -2.63% (from the last price of $120.67 to the average price target of $117.5), down by -0.56% based on the highest stock price target, and down by -4.70% based on the lowest stock price target.

Can ESAB stock reach $200?

ESAB's average twelve months analyst stock price target of $117.5 does not support the claim that ESAB can reach $200 in the near future.

What are ESAB's analysts' financial forecasts?

ESAB's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.93B (high $2.98B, low $2.86B), average EBITDA is $471.72M (high $479.28M, low $459.73M), average net income is $370.21M (high $377.91M, low $357.97M), average SG&A $647.72M (high $658.09M, low $631.25M), and average EPS is $6.06 (high $6.19, low $5.86). ESAB's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $3.17B (high $3.22B, low $3.09B), average EBITDA is $509.61M (high $517.77M, low $496.65M), average net income is $430.86M (high $439.83M, low $416.62M), average SG&A $699.74M (high $710.94M, low $681.94M), and average EPS is $7.05 (high $7.2, low $6.82).

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

Based on ESAB's last annual report (Dec 2023), the company's revenue was $2.77B, beating the average analysts forecast of $2.56B by 8.39%. Apple's EBITDA was $404.17M, missing the average prediction of $411.81M by -1.86%. The company's net income was $205.28M, missing the average estimation of $243.49M by -15.69%. Apple's SG&A was $587.48M, beating the average forecast of $565.45M by 3.89%. Lastly, the company's EPS was $3.59, missing the average prediction of $3.99 by -9.93%. In terms of the last quarterly report (Dec 2023), ESAB's revenue was $689.35M, beating the average analysts' forecast of $644.51M by 6.96%. The company's EBITDA was $103.72M, beating the average prediction of $103.68M by 0.04%. ESAB's net income was $50.24M, missing the average estimation of $64.13M by -21.66%. The company's SG&A was $144.64M, beating the average forecast of $142.36M by 1.60%. Lastly, the company's EPS was $0.96, missing the average prediction of $1.05 by -8.55%