ESAB (ESAB) Stock Forecast, Price Target & Predictions
ESAB Stock Forecast
ESAB stock forecast is as follows: an average price target of $115.00 (represents a 16.33% upside from ESAB’s last price of $98.86) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
ESAB Price Target
The average price target for ESAB (ESAB) is $115.00 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $115.00 to $115.00. This represents a potential 16.33% upside from ESAB's last price of $98.86.
ESAB Analyst Ratings
According to 10 Wall Street analysts, ESAB's rating consensus is 'Buy'. The analyst rating breakdown for ESAB stock is 0 'Strong Buy' (0.00%), 6 'Buy' (60.00%), 4 'Hold' (40.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
ESAB Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 20, 2024 | Bryan Blair | Oppenheimer | $115.00 | $95.43 | 20.51% | 16.33% |
The latest ESAB stock forecast, released on Jun 20, 2024 by Bryan Blair from Oppenheimer, set a price target of $115.00, which represents a 20.51% increase from the stock price at the time of the forecast ($95.43), and a 16.33% increase from ESAB last price ($98.86).
ESAB Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $115.00 | $115.00 |
| Last Closing Price | $98.86 | $98.86 | $98.86 |
| Upside/Downside | -100.00% | 16.33% | 16.33% |
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 $98.86. 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 |
|---|---|---|---|---|
| Jun 20, 2024 | Oppenheimer | - | Outperform | Initialise |
| Sep 18, 2023 | UBS | - | Neutral | Initialise |
| Sep 18, 2023 | Raymond James | - | Market Perform | Initialise |
| Sep 18, 2023 | Cowen & Co. | - | Outperform | Initialise |
| Sep 18, 2023 | Bernstein | - | Underperform | Initialise |
| Sep 18, 2023 | Wells Fargo | - | Equal-Weight | Initialise |
| Sep 18, 2023 | Barclays | - | Overweight | Initialise |
| Sep 18, 2023 | Jefferies | - | Hold | Initialise |
| Sep 18, 2023 | RBC Capital | - | Outperform | Initialise |
| Sep 18, 2023 | HSBC | - | Buy | Initialise |
ESAB's last stock rating was published by Oppenheimer on Jun 20, 2024. The company Initialise its ESAB rating from "null" to "Outperform".
ESAB Financial Forecast
ESAB Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $689.35M | $681.00M | $720.42M | $684.00M | $664.13M | $620.26M | $661.18M |
| Avg Forecast | $756.35M | $729.84M | $763.24M | $723.20M | $676.40M | $652.73M | $694.37M | $670.47M | $635.66M | $623.40M | $686.75M | $653.93M | $644.51M | $628.17M | $665.13M | $622.26M | $595.83M | $584.73M | $635.95M |
| High Forecast | $786.27M | $758.72M | $793.43M | $751.81M | $703.16M | $678.56M | $721.84M | $696.99M | $660.81M | $647.84M | $713.92M | $679.80M | $647.82M | $653.02M | $691.45M | $646.88M | $619.40M | $607.86M | $635.95M |
| Low Forecast | $741.41M | $715.43M | $748.16M | $708.92M | $663.04M | $639.84M | $680.65M | $657.22M | $623.10M | $610.88M | $673.19M | $641.01M | $640.50M | $615.76M | $652.00M | $609.97M | $584.06M | $573.18M | $635.95M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 5 | 2 | 3 | 4 | 3 | 3 | 3 | 2 | 2 | 1 |
| 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 3 analysts is $653.93M, with a low forecast of $641.01M, and a high forecast of $679.80M. 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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 5 | 2 | 3 | 4 | 3 | 3 | 3 | 2 | 2 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $103.72M | $107.40M | $108.64M | $131.42M | $91.51M | $109.97M | $111.56M |
| Avg Forecast | $128.20M | $123.71M | $129.37M | $122.58M | $114.65M | $110.64M | $117.69M | $113.64M | $107.74M | $105.66M | $116.40M | $110.84M | $109.24M | $106.47M | $112.74M | $105.47M | $100.99M | $99.11M | $107.79M |
| High Forecast | $133.27M | $128.60M | $134.48M | $127.43M | $119.18M | $115.01M | $122.35M | $118.14M | $112.00M | $109.81M | $121.01M | $115.22M | $109.80M | $110.68M | $117.20M | $109.64M | $104.99M | $103.03M | $107.79M |
| Low Forecast | $125.67M | $121.26M | $126.81M | $120.16M | $112.38M | $108.45M | $115.37M | $111.40M | $105.61M | $103.54M | $114.10M | $108.65M | $108.56M | $104.37M | $110.51M | $103.39M | $99.00M | $97.15M | $107.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 1.01% | 0.96% | 1.25% | 0.91% | 1.11% | 1.03% |
3 analysts predict ESAB's average Quarter EBITDA for Mar 24 to be $110.84M, with a high of $115.22M and a low of $108.65M. This is 6.87% upper than ESAB's previous annual EBITDA (Dec 23) of $103.72M.
ESAB Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 5 | 2 | 3 | 4 | 3 | 3 | 3 | 2 | 2 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $50.24M | $57.57M | $65.57M | $31.90M | $60.71M | $52.35M | $55.25M |
| Avg Forecast | $95.06M | $84.13M | $89.76M | $78.86M | $83.68M | $77.57M | $88.41M | $77.57M | $74.36M | $69.40M | $77.42M | $67.37M | $64.12M | $58.34M | $63.98M | $57.03M | $54.67M | $51.89M | $61.60M |
| High Forecast | $99.95M | $88.46M | $94.37M | $82.92M | $87.98M | $81.56M | $92.96M | $81.56M | $78.19M | $74.27M | $81.40M | $70.84M | $65.99M | $61.34M | $67.27M | $59.96M | $57.48M | $54.56M | $61.60M |
| Low Forecast | $92.62M | $81.97M | $87.45M | $76.84M | $81.53M | $75.58M | $86.14M | $75.58M | $72.45M | $66.97M | $75.43M | $65.64M | $62.25M | $56.84M | $62.33M | $55.56M | $53.26M | $50.56M | $61.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 0.99% | 1.02% | 0.56% | 1.11% | 1.01% | 0.90% |
ESAB's average Quarter net income forecast for Mar 24 is $67.37M, with a range of $65.64M to $70.84M. ESAB's average Quarter net income forecast represents a 34.10% increase compared to the company's last Quarter net income of $50.24M (Dec 23).
ESAB SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 5 | 2 | 3 | 4 | 3 | 3 | 3 | 2 | 2 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $144.64M | $145.44M | $150.12M | $147.28M | $139.34M | $121.67M | $136.94M |
| Avg Forecast | $162.78M | $157.07M | $164.26M | $155.65M | $145.57M | $140.48M | $149.44M | $144.30M | $136.80M | $134.17M | $147.80M | $140.74M | $138.71M | $135.19M | $143.15M | $133.92M | $128.23M | $125.84M | $136.87M |
| High Forecast | $169.22M | $163.29M | $170.76M | $161.80M | $151.33M | $146.04M | $155.35M | $150.00M | $142.22M | $139.43M | $153.65M | $146.30M | $139.42M | $140.54M | $148.81M | $139.22M | $133.30M | $130.82M | $136.87M |
| Low Forecast | $159.56M | $153.97M | $161.02M | $152.57M | $142.70M | $137.70M | $146.49M | $141.45M | $134.10M | $131.47M | $144.88M | $137.96M | $137.85M | $132.52M | $140.32M | $131.28M | $125.70M | $123.36M | $136.87M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.08% | 1.05% | 1.10% | 1.09% | 0.97% | 1.00% |
ESAB's average Quarter SG&A projection for Mar 24 is $140.74M, based on 3 Wall Street analysts, with a range of $137.96M to $146.30M. The forecast indicates a -2.70% fall compared to ESAB last annual SG&A of $144.64M (Dec 23).
ESAB EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 5 | 2 | 3 | 4 | 3 | 3 | 3 | 2 | 2 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.96 | $0.95 | $1.11 | $0.52 | $1.00 | $0.86 | $0.92 |
| Avg Forecast | $1.56 | $1.38 | $1.47 | $1.29 | $1.37 | $1.27 | $1.45 | $1.27 | $1.22 | $1.14 | $1.27 | $1.10 | $1.05 | $0.96 | $1.05 | $0.93 | $0.90 | $0.85 | $1.01 |
| High Forecast | $1.64 | $1.45 | $1.55 | $1.36 | $1.44 | $1.34 | $1.52 | $1.34 | $1.28 | $1.22 | $1.33 | $1.16 | $1.08 | $1.00 | $1.10 | $0.98 | $0.94 | $0.89 | $1.01 |
| Low Forecast | $1.52 | $1.34 | $1.43 | $1.26 | $1.33 | $1.24 | $1.41 | $1.24 | $1.19 | $1.10 | $1.23 | $1.07 | $1.02 | $0.93 | $1.02 | $0.91 | $0.87 | $0.83 | $1.01 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 0.99% | 1.06% | 0.56% | 1.12% | 1.01% | 0.91% |
According to 3 Wall Street analysts, ESAB's projected average Quarter EPS for Mar 24 is $1.10, with a low estimate of $1.07 and a high estimate of $1.16. This represents a 14.90% increase compared to ESAB previous annual EPS of $0.96 (Dec 23).
ESAB Peer Comparison by Price Target
ESAB Forecast FAQ
Is ESAB a good buy?
Yes, according to 10 Wall Street analysts, ESAB (ESAB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 60.00% of ESAB's total ratings.
What is ESAB's price target?
ESAB (ESAB) average price target is $115 with a range of $115 to $115, implying a 16.33% from its last price of $98.86. The data is based on 10 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 up by 16.33% (from the last price of $98.86 to the average price target of $115), up by 16.33% based on the highest stock price target, and up by 16.33% based on the lowest stock price target.
Can ESAB stock reach $150?
ESAB's average twelve months analyst stock price target of $115 does not support the claim that ESAB can reach $150 in the near future.
What are ESAB's analysts' financial forecasts?
ESAB's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.69B (high $2.8B, low $2.64B), average EBITDA is $456.62M (high $474.68M, low $447.6M), average net income is $327.23M (high $344.06M, low $318.83M), average SG&A $579.79M (high $602.72M, low $568.34M), and average EPS is $5.36 (high $5.63, low $5.22). ESAB's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.97B (high $3.09B, low $2.91B), average EBITDA is $503.85M (high $523.78M, low $493.9M), average net income is $347.8M (high $365.69M, low $338.87M), average SG&A $639.76M (high $665.07M, low $627.12M), and average EPS is $5.69 (high $5.99, low $5.55).
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 $433.92M by -6.86%. The company's net income was $205.28M, missing the average estimation of $243.46M by -15.68%. Apple's SG&A was $587.48M, beating the average forecast of $550.97M by 6.63%. 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, missing the average prediction of $109.24M by -5.06%. ESAB's net income was $50.24M, missing the average estimation of $64.12M by -21.65%. The company's SG&A was $144.64M, beating the average forecast of $138.71M by 4.27%. Lastly, the company's EPS was $0.96, missing the average prediction of $1.05 by -8.55%