Grove Collaborative (GROV) Stock Forecast, Price Target & Predictions


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GROV Stock Forecast


Grove Collaborative stock forecast is as follows: an average price target of $150.00 (represents a 11094.03% upside from GROV’s last price of $1.34) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

GROV Price Target


The average price target for Grove Collaborative (GROV) is $150.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $250.00 to $50.00. This represents a potential 11094.03% upside from GROV's last price of $1.34.

GROV Analyst Ratings


Buy

According to 2 Wall Street analysts, Grove Collaborative's rating consensus is 'Buy'. The analyst rating breakdown for GROV stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Grove Collaborative Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 17, 2022-Canaccord Genuity$50.00$28.2576.99%3631.34%
Jul 11, 2022Dana TelseyTelsey Advisory$250.00$159.8856.37%18556.72%
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The latest Grove Collaborative stock forecast, released on Nov 17, 2022 by Canaccord Genuity company, set a price target of $50.00, which represents a 76.99% increase from the stock price at the time of the forecast ($28.25), and a 3631.34% increase from GROV last price ($1.34).

Grove Collaborative Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$1.34$1.34$1.34
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of Grove Collaborative stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Grove Collaborative's last price of $1.34. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Nov 17, 2022Canaccord Genuity-BuyInitialise
Jul 11, 2022Telsey AdvisoryOutperformOutperformHold
Jun 27, 2022Telsey Advisory-OutperformInitialise
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Grove Collaborative's last stock rating was published by Canaccord Genuity on Nov 17, 2022. The company Initialise its GROV rating from "null" to "Buy".

Grove Collaborative Financial Forecast


Grove Collaborative Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
Revenue--------$59.86M$61.75M$66.11M$71.56M$74.04M$77.73M$79.28M
Avg Forecast$51.90M$50.40M$50.90M$49.90M$51.49M$50.86M$53.01M$53.65M$61.47M$65.59M$63.44M$69.35M$69.50M$69.70M$73.10M
High Forecast$51.95M$50.45M$50.95M$49.95M$51.59M$50.91M$53.01M$53.87M$62.51M$65.59M$63.50M$69.41M$69.56M$69.70M$73.10M
Low Forecast$51.85M$50.35M$50.85M$49.85M$51.39M$50.82M$53.01M$53.43M$60.44M$65.59M$63.38M$69.29M$69.43M$69.70M$73.10M
# Analysts111121112111111
Surprise %--------0.97%0.94%1.04%1.03%1.07%1.12%1.08%

Grove Collaborative's average Quarter revenue forecast for Mar 24 based on 1 analysts is $53.65M, with a low forecast of $53.43M, and a high forecast of $53.87M. GROV's average Quarter revenue forecast represents a -10.37% decrease compared to the company's last Quarter revenue of $59.86M (Dec 23).

Grove Collaborative EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
# Analysts111121112111111
EBITDA--------$-3.22M$-43.00K$-7.19M$-7.81M$-27.37M$-19.95M$-51.55M
Avg Forecast$-15.36M$-14.91M$-15.06M$-14.77M$-15.24M$-15.05M$-15.69M$-15.88M$-18.19M$-19.41M$-18.77M$-20.52M$-20.57M$-23.75M$-24.91M
High Forecast$-15.34M$-14.90M$-15.05M$-14.75M$-15.21M$-15.04M$-15.69M$-15.81M$-17.88M$-19.41M$-18.76M$-20.50M$-20.55M$-23.75M$-24.91M
Low Forecast$-15.37M$-14.93M$-15.08M$-14.78M$-15.27M$-15.07M$-15.69M$-15.94M$-18.50M$-19.41M$-18.79M$-20.54M$-20.58M$-23.75M$-24.91M
Surprise %--------0.18%0.00%0.38%0.38%1.33%0.84%2.07%

undefined analysts predict GROV's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Grove Collaborative's previous annual EBITDA (undefined) of $NaN.

Grove Collaborative Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
# Analysts111121112111111
Net Income--------$-9.48M$-9.81M$-10.87M$-13.07M$-12.68M$7.66M$-35.31M
Avg Forecast$-4.42M$-7.36M$-4.78M$-2.21M$-5.52M$-5.52M$-5.52M$-5.89M$-8.43M$-5.52M$-11.41M$-14.72M$-16.56M$46.76M$42.45M
High Forecast$-4.41M$-7.35M$-4.78M$-2.21M$-5.51M$-5.51M$-5.51M$-5.88M$-8.42M$-5.51M$-11.39M$-14.70M$-16.54M$46.76M$42.45M
Low Forecast$-4.42M$-7.37M$-4.79M$-2.21M$-5.53M$-5.53M$-5.53M$-5.89M$-8.44M$-5.53M$-11.42M$-14.74M$-16.58M$46.76M$42.45M
Surprise %--------1.12%1.78%0.95%0.89%0.77%0.16%-0.83%

Grove Collaborative's average Quarter net income forecast for Dec 22 is $-16.56M, with a range of $-16.58M to $-16.54M. GROV's average Quarter net income forecast represents a -316.12% decrease compared to the company's last Quarter net income of $7.66M (Sep 22).

Grove Collaborative SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
# Analysts111121112111111
SG&A--------$32.69M$29.70M$39.82M$46.69M$58.61M$54.96M$75.79M
Avg Forecast$39.78M$38.63M$39.01M$38.24M$39.46M$38.98M$40.63M$41.12M$47.11M$50.27M$48.62M$53.15M$53.26M$53.21M$55.81M
High Forecast$39.81M$38.66M$39.05M$38.28M$39.54M$39.02M$40.63M$41.29M$47.91M$50.27M$48.67M$53.20M$53.31M$53.21M$55.81M
Low Forecast$39.74M$38.59M$38.98M$38.21M$39.39M$38.95M$40.63M$40.95M$46.32M$50.27M$48.58M$53.10M$53.22M$53.21M$55.81M
Surprise %--------0.69%0.59%0.82%0.88%1.10%1.03%1.36%

Grove Collaborative's average Quarter SG&A projection for Mar 24 is $41.12M, based on 1 Wall Street analysts, with a range of $40.95M to $41.29M. The forecast indicates a 25.77% rise compared to GROV last annual SG&A of $32.69M (Dec 23).

Grove Collaborative EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
# Analysts111121112111111
EPS--------$-0.26$-0.28$-0.32$-0.08$-0.08$0.05$-1.06
Avg Forecast$-0.12$-0.20$-0.13$-0.06$-0.15$-0.15$-0.15$-0.16$-0.23$-0.15$-0.31$-0.40$-0.45$1.27$1.15
High Forecast$-0.12$-0.20$-0.13$-0.06$-0.15$-0.15$-0.15$-0.16$-0.23$-0.15$-0.31$-0.40$-0.45$1.27$1.15
Low Forecast$-0.12$-0.20$-0.13$-0.06$-0.15$-0.15$-0.15$-0.16$-0.23$-0.15$-0.31$-0.40$-0.45$1.27$1.15
Surprise %--------1.13%1.87%1.03%0.19%0.17%0.04%-0.92%

According to 1 Wall Street analysts, Grove Collaborative's projected average Quarter EPS for Dec 22 is $-0.45, with a low estimate of $-0.45 and a high estimate of $-0.45. This represents a -1000.00% decrease compared to GROV previous annual EPS of $0.05 (Sep 22).

Grove Collaborative Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
GROVGrove Collaborative$1.34$150.0011094.03%Buy
EWCZEuropean Wax Center$5.89$10.3074.87%Buy
NUSNu Skin Enterprises$7.30$11.0050.68%Strong Buy
IPARInter Parfums$130.66$163.5025.13%Buy
EPCEdgewell Personal Care Company$35.01$42.0019.97%Buy
SPBSpectrum Brands$90.26$94.604.81%Buy
HELEHelen of Troy$69.06$71.002.81%Buy

GROV Forecast FAQ


Is Grove Collaborative a good buy?

Yes, according to 2 Wall Street analysts, Grove Collaborative (GROV) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of GROV's total ratings.

What is GROV's price target?

Grove Collaborative (GROV) average price target is $150 with a range of $50 to $250, implying a 11094.03% from its last price of $1.34. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Grove Collaborative stock go up soon?

According to Wall Street analysts' prediction for GROV stock, the company can go up by 11094.03% (from the last price of $1.34 to the average price target of $150), up by 18556.72% based on the highest stock price target, and up by 3631.34% based on the lowest stock price target.

Can Grove Collaborative stock reach $2?

GROV's average twelve months analyst stock price target of $150 supports the claim that Grove Collaborative can reach $2 in the near future.

What are Grove Collaborative's analysts' financial forecasts?

Grove Collaborative's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $209.01M (high $209.37M, low $208.65M), average EBITDA is $-61.85M (high $-61.743M, low $-61.957M), average net income is $-22.447M (high $-22.42M, low $-22.474M), average SG&A $160.19M (high $160.47M, low $159.91M), and average EPS is $-0.61 (high $-0.609, low $-0.611). GROV's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $203.1M (high $203.29M, low $202.91M), average EBITDA is $-60.101M (high $-60.046M, low $-60.156M), average net income is $-18.767M (high $-18.745M, low $-18.79M), average SG&A $155.66M (high $155.8M, low $155.52M), and average EPS is $-0.51 (high $-0.509, low $-0.511).

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

Based on Grove Collaborative's last annual report (Dec 2023), the company's revenue was $259.28M, which missed the average analysts forecast of $259.85M by -0.22%. Apple's EBITDA was $-25.628M, missing the average prediction of $-76.894M by -66.67%. The company's net income was $-43.232M, beating the average estimation of $-40.078M by 7.87%. Apple's SG&A was $152.41M, missing the average forecast of $199.15M by -23.47%. Lastly, the company's EPS was $-1.24, beating the average prediction of $-1.089 by 13.85%. In terms of the last quarterly report (Dec 2023), Grove Collaborative's revenue was $59.86M, missing the average analysts' forecast of $61.47M by -2.63%. The company's EBITDA was $-3.22M, missing the average prediction of $-18.191M by -82.30%. Grove Collaborative's net income was $-9.485M, beating the average estimation of $-8.431M by 12.50%. The company's SG&A was $32.69M, missing the average forecast of $47.11M by -30.61%. Lastly, the company's EPS was $-0.26, beating the average prediction of $-0.229 by 13.48%