Hanesbrands (HBI) Stock Forecast, Price Target & Predictions


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HBI Stock Forecast


Hanesbrands stock forecast is as follows: an average price target of $8.00 (represents a -2.79% downside from HBI’s last price of $8.23) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.

HBI Price Target


The average price target for Hanesbrands (HBI) is $8.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $8.00 to $8.00. This represents a potential -2.79% downside from HBI's last price of $8.23.

HBI Analyst Ratings


Hold

According to 5 Wall Street analysts, Hanesbrands's rating consensus is 'Hold'. The analyst rating breakdown for HBI stock is 0 'Strong Buy' (0.00%), 1 'Buy' (20.00%), 3 'Hold' (60.00%), 1 'Sell' (20.00%), and 0 'Strong Sell' (0.00%).

Hanesbrands Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 08, 2024Jim DuffyStifel Nicolaus$8.00$7.1911.27%-2.79%
Nov 09, 2022Michael BinettiCredit Suisse$7.00$6.488.02%-14.95%
Jul 26, 2022Jay SoleUBS$12.00$10.3615.89%45.81%

The latest Hanesbrands stock forecast, released on Nov 08, 2024 by Jim Duffy from Stifel Nicolaus, set a price target of $8.00, which represents a 11.27% increase from the stock price at the time of the forecast ($7.19), and a -2.79% decrease from HBI last price ($8.23).

Hanesbrands Price Target by Period


1M3M12M
# Anlaysts-11
Avg Price Target-$8.00$8.00
Last Closing Price$8.23$8.23$8.23
Upside/Downside-100.00%-2.79%-2.79%

In the current month, the average price target of Hanesbrands stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Hanesbrands's last price of $8.23. 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
Nov 25, 2024UBSNeutralPositiveUpgrade
Aug 27, 2024WedbushEqual-WeightEqual-WeightHold
Aug 27, 2024UBSNeutralNeutralHold
Aug 12, 2024BarclaysEqual-WeightEqual-WeightHold
Jun 06, 2024WedbushEqual-WeightEqual-WeightHold
Jun 06, 2024CitigroupUnderperformUnderperformHold
Jun 05, 2024UBSNeutralNeutralHold
May 10, 2024BarclaysEqual-WeightEqual-WeightHold
Apr 03, 2024WedbushNeutralNeutralHold
Apr 03, 2024CitigroupNeutralNeutralHold
Mar 06, 2023CitigroupNeutralNeutralHold
Nov 09, 2022Credit SuisseNeutralDowngrade
Oct 31, 2022Wells FargoUnderweightDowngrade
Jul 26, 2022UBSNeutralNeutralHold

Hanesbrands's last stock rating was published by UBS on Nov 25, 2024. The company Upgrade its HBI rating from "Neutral" to "Positive".

Hanesbrands Financial Forecast


Hanesbrands Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
Revenue--------$1.30B$1.51B$1.44B$1.39B$1.47B$1.67B$1.51B$1.58B$1.80B$1.79B$1.75B$1.51B-$1.81B$1.74B$1.32B$1.75B$1.87B$1.76B$1.59B$1.47B$1.38B
Avg Forecast$912.16M$949.93M$1.01B$790.66M$900.06M$936.47M$1.35B$1.19B$1.36B$1.54B$1.46B$1.36B$1.47B$1.70B$1.69B$1.54B$1.75B$1.80B$1.59B$1.50B$1.64B$1.66B$1.17B$1.34B$1.75B$1.86B$1.75B$1.53B$1.36B$1.33B
High Forecast$917.97M$955.98M$1.02B$800.03M$905.78M$942.43M$1.35B$1.19B$1.37B$1.57B$1.47B$1.37B$1.48B$1.70B$1.69B$1.54B$1.75B$1.80B$1.59B$1.50B$1.64B$1.66B$1.17B$1.34B$1.75B$1.86B$1.75B$1.53B$1.63B$1.60B
Low Forecast$906.51M$944.05M$1.01B$781.30M$894.49M$930.68M$1.35B$1.19B$1.36B$1.52B$1.45B$1.35B$1.46B$1.70B$1.69B$1.54B$1.75B$1.80B$1.59B$1.50B$1.64B$1.66B$1.17B$1.34B$1.75B$1.86B$1.75B$1.53B$1.09B$1.07B
# Analysts111232223633233333333633222377
Surprise %--------0.95%0.98%0.99%1.02%1.00%0.98%0.90%1.02%1.03%0.99%1.10%1.00%-1.09%1.48%0.98%1.00%1.01%1.01%1.04%1.08%1.04%

Hanesbrands's average Quarter revenue forecast for Mar 24 based on 2 analysts is $1.19B, with a low forecast of $1.19B, and a high forecast of $1.19B. HBI's average Quarter revenue forecast represents a -8.61% decrease compared to the company's last Quarter revenue of $1.30B (Dec 23).

Hanesbrands EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111232223633233333333633222377
EBITDA--------$96.10M$84.98M$69.40M$66.90M$84.65M$165.30M$170.32M$195.81M$-411.84M$259.97M$242.56M$220.90M-$200.83M$267.82M$59.01M$263.39M$295.04M$258.02M$172.82M$172.22M$148.65M
Avg Forecast$86.45M$90.03M$95.88M$74.93M$85.30M$88.75M$128.07M$219.03M$129.26M$146.07M$138.28M$199.12M$139.69M$148.47M$146.83M$157.41M$152.57M$156.91M$138.30M$-93.92M$142.66M$144.29M$102.03M$87.25M$152.19M$161.74M$152.33M$167.72M$157.87M$140.98M
High Forecast$87.00M$90.60M$96.49M$75.82M$85.84M$89.32M$128.07M$262.84M$130.08M$148.34M$139.16M$238.94M$167.63M$148.47M$146.83M$188.89M$152.57M$156.91M$138.30M$-75.14M$142.66M$144.29M$102.03M$104.70M$152.19M$161.74M$152.33M$201.26M$189.44M$169.18M
Low Forecast$85.91M$89.47M$95.29M$74.05M$84.77M$88.20M$128.07M$175.23M$128.46M$143.93M$137.42M$159.30M$111.76M$148.47M$146.83M$125.93M$152.57M$156.91M$138.30M$-112.70M$142.66M$144.29M$102.03M$69.80M$152.19M$161.74M$152.33M$134.17M$126.30M$112.78M
Surprise %--------0.74%0.58%0.50%0.34%0.61%1.11%1.16%1.24%-2.70%1.66%1.75%-2.35%-1.39%2.62%0.68%1.73%1.82%1.69%1.03%1.09%1.05%

2 analysts predict HBI's average Quarter EBITDA for Mar 24 to be $219.03M, with a high of $262.84M and a low of $175.23M. This is 127.93% upper than Hanesbrands's previous annual EBITDA (Dec 23) of $96.10M.

Hanesbrands Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111232223633233333333633222377
Net Income--------$77.94M$-38.80M$-22.46M$-34.40M$-418.11M$80.10M$92.10M$118.70M$-332.16M$151.78M$128.68M$128.40M-$103.28M$161.18M$-7.87M$179.49M$187.78M$153.97M$79.48M$79.41M$70.62M
Avg Forecast$56.73M$60.26M$69.14M$10.41M$50.99M$41.90M$32.72M$129.78M$31.55M$37.74M$-2.60M$117.98M$66.04M$94.78M$111.04M$93.27M$153.45M$168.11M$138.72M$-144.79M$100.49M$136.72M$-7.03M$-11.64M$178.69M$190.31M$156.69M$77.97M$72.79M$68.08M
High Forecast$57.20M$60.76M$69.71M$11.75M$51.42M$42.25M$32.75M$155.74M$31.81M$44.61M$-2.58M$141.58M$79.24M$94.78M$111.04M$111.92M$153.45M$168.11M$138.72M$-115.84M$100.49M$136.72M$-7.03M$-9.31M$178.69M$190.31M$156.69M$93.56M$87.35M$81.69M
Low Forecast$56.27M$59.77M$68.58M$9.40M$50.58M$41.57M$32.68M$103.82M$31.29M$34.31M$-2.63M$94.39M$52.83M$94.78M$111.04M$74.61M$153.45M$168.11M$138.72M$-173.75M$100.49M$136.72M$-7.03M$-13.97M$178.69M$190.31M$156.69M$62.38M$58.23M$54.46M
Surprise %--------2.47%-1.03%8.62%-0.29%-6.33%0.85%0.83%1.27%-2.16%0.90%0.93%-0.89%-0.76%-22.91%0.68%1.00%0.99%0.98%1.02%1.09%1.04%

Hanesbrands's average Quarter net income forecast for Mar 24 is $129.78M, with a range of $103.82M to $155.74M. HBI's average Quarter net income forecast represents a 66.51% increase compared to the company's last Quarter net income of $77.94M (Dec 23).

Hanesbrands SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111232223633233333333633222377
SG&A--------$397.57M$404.35M$413.33M$392.37M$441.64M$421.41M$424.85M$413.67M$568.54M$465.01M$464.24M$412.56M-$442.14M$391.48M$439.60M$473.52M$442.58M$440.66M$472.84M$432.86M$418.26M
Avg Forecast$249.89M$260.23M$277.15M$216.60M$246.57M$256.55M$370.20M$452.27M$373.64M$422.23M$399.71M$411.15M$563.38M$466.82M$461.67M$325.02M$479.72M$493.34M$434.85M$226.91M$448.56M$453.67M$320.80M$682.24M$478.51M$508.54M$478.97M$469.31M$396.79M$418.31M
High Forecast$251.48M$261.89M$278.91M$219.17M$248.14M$258.18M$370.20M$542.72M$376.02M$428.80M$402.25M$493.39M$676.05M$466.82M$461.67M$390.03M$479.72M$493.34M$434.85M$272.29M$448.56M$453.67M$320.80M$818.68M$478.51M$508.54M$478.97M$563.17M$476.15M$501.97M
Low Forecast$248.34M$258.62M$275.43M$214.04M$245.04M$254.96M$370.20M$361.82M$371.33M$416.04M$397.23M$328.92M$450.70M$466.82M$461.67M$260.02M$479.72M$493.34M$434.85M$181.53M$448.56M$453.67M$320.80M$545.79M$478.51M$508.54M$478.97M$375.45M$317.43M$334.65M
Surprise %--------1.06%0.96%1.03%0.95%0.78%0.90%0.92%1.27%1.19%0.94%1.07%1.82%-0.97%1.22%0.64%0.99%0.87%0.92%1.01%1.09%1.00%

Hanesbrands's average Quarter SG&A projection for Mar 24 is $452.27M, based on 2 Wall Street analysts, with a range of $361.82M to $542.72M. The forecast indicates a 13.76% rise compared to HBI last annual SG&A of $397.57M (Dec 23).

Hanesbrands EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111232223633233333333633222377
EPS--------$0.22$-0.11-$-0.10$-1.19$0.23$0.26$0.34$-0.95$0.43$0.37$0.37-$0.29$0.46$-0.02$0.51$0.51$0.42$0.22$0.19$0.21
Avg Forecast$0.16$0.17$0.19$0.03$0.14$0.12$0.09$-0.06$0.09$0.11$-0.01$-0.07$0.08$0.27$0.32$0.28$0.44$0.48$0.39$0.26$0.29$0.39$-0.02$0.11$0.51$0.54$0.45$0.25$0.22$0.27
High Forecast$0.16$0.17$0.20$0.03$0.14$0.12$0.09$-0.06$0.09$0.13$-0.01$-0.07$0.08$0.27$0.32$0.28$0.44$0.48$0.39$0.26$0.29$0.39$-0.02$0.11$0.51$0.54$0.45$0.25$0.26$0.32
Low Forecast$0.16$0.17$0.19$0.03$0.14$0.12$0.09$-0.06$0.09$0.10$-0.01$-0.07$0.08$0.27$0.32$0.28$0.44$0.48$0.39$0.26$0.29$0.39$-0.02$0.11$0.51$0.54$0.45$0.25$0.18$0.22
Surprise %--------2.47%-1.03%-1.42%-15.70%0.85%0.82%1.20%-2.18%0.90%0.94%1.44%-0.75%-23.02%-0.20%1.00%0.94%0.94%0.87%0.86%0.78%

According to 2 Wall Street analysts, Hanesbrands's projected average Quarter EPS for Mar 24 is $-0.06, with a low estimate of $-0.06 and a high estimate of $-0.06. This represents a -127.48% decrease compared to HBI previous annual EPS of $0.22 (Dec 23).

Hanesbrands Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
LEVILevi Strauss$16.95$24.3343.54%Hold
UAUnder Armour$7.83$10.6736.27%Hold
PVHPVH$109.83$127.8616.42%Buy
KTBKontoor Brands$87.57$90.002.77%Buy
GIIIG-III Apparel Group$35.48$36.001.47%Hold
HBIHanesbrands$8.50$8.00-5.88%Hold
COLMColumbia Sportswear Company$90.71$83.75-7.67%Hold
RLRalph Lauren$227.93$202.40-11.20%Buy
VFCV.F.$22.59$19.56-13.41%Hold

HBI Forecast FAQ


Is Hanesbrands a good buy?

No, according to 5 Wall Street analysts, Hanesbrands (HBI) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 20.00% of HBI's total ratings.

What is HBI's price target?

Hanesbrands (HBI) average price target is $8 with a range of $8 to $8, implying a -2.79% from its last price of $8.23. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Hanesbrands stock go up soon?

According to Wall Street analysts' prediction for HBI stock, the company can go down by -2.79% (from the last price of $8.23 to the average price target of $8), down by -2.79% based on the highest stock price target, and down by -2.79% based on the lowest stock price target.

Can Hanesbrands stock reach $12?

HBI's average twelve months analyst stock price target of $8 does not support the claim that Hanesbrands can reach $12 in the near future.

What are Hanesbrands's analysts' financial forecasts?

Hanesbrands's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $4.37B (high $4.38B, low $4.36B), average EBITDA is $521.15M (high $566.07M, low $476.27M), average net income is $255.39M (high $282.16M, low $228.65M), average SG&A $1.33B (high $1.42B, low $1.23B), and average EPS is $0.294 (high $0.296, low $0.291). HBI's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.66B (high $3.69B, low $3.64B), average EBITDA is $347.29M (high $349.91M, low $344.71M), average net income is $196.53M (high $199.41M, low $194.02M), average SG&A $1B (high $1.01B, low $996.43M), and average EPS is $0.554 (high $0.562, low $0.547).

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

Based on Hanesbrands's last annual report (Dec 2023), the company's revenue was $5.64B, which missed the average analysts forecast of $5.73B by -1.58%. Apple's EBITDA was $288.78M, missing the average prediction of $612.73M by -52.87%. The company's net income was $-17.726M, missing the average estimation of $184.67M by -109.60%. Apple's SG&A was $1.61B, beating the average forecast of $1.61B by 0.06%. Lastly, the company's EPS was $-0.05, missing the average prediction of $0.119 by -142.10%. In terms of the last quarterly report (Dec 2023), Hanesbrands's revenue was $1.3B, missing the average analysts' forecast of $1.36B by -4.92%. The company's EBITDA was $96.1M, missing the average prediction of $129.26M by -25.66%. Hanesbrands's net income was $77.94M, beating the average estimation of $31.55M by 147.05%. The company's SG&A was $397.57M, beating the average forecast of $373.64M by 6.41%. Lastly, the company's EPS was $0.22, beating the average prediction of $0.0889 by 147.44%