Honest Company (HNST) Stock Forecast, Price Target & Predictions
HNST Stock Forecast
Honest Company stock forecast is as follows: an average price target of $4.25 (represents a 6.25% upside from HNST’s last price of $4.00) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
HNST Price Target
The average price target for Honest Company (HNST) is $4.25 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $6.00 to $3.00. This represents a potential 6.25% upside from HNST's last price of $4.00.
HNST Analyst Ratings
According to 7 Wall Street analysts, Honest Company's rating consensus is 'Buy'. The analyst rating breakdown for HNST stock is 0 'Strong Buy' (0.00%), 6 'Buy' (85.71%), 1 'Hold' (14.29%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Honest Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 19, 2024 | Laura Champine | Loop Capital Markets | $3.00 | $3.06 | -1.96% | -25.00% |
| Mar 14, 2024 | Laura Champine | Loop Capital Markets | $5.00 | $4.55 | 9.89% | 25.00% |
| Dec 14, 2022 | Dana Telsey | Telsey Advisory | $6.00 | $3.19 | 88.09% | 50.00% |
| Nov 11, 2022 | - | Morgan Stanley | $3.75 | $3.15 | 18.86% | -6.25% |
The latest Honest Company stock forecast, released on Apr 19, 2024 by Laura Champine from Loop Capital Markets, set a price target of $3.00, which represents a -1.96% decrease from the stock price at the time of the forecast ($3.06), and a -25.00% decrease from HNST last price ($4.00).
Honest Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $4.00 |
| Last Closing Price | $4.00 | $4.00 | $4.00 |
| Upside/Downside | -100.00% | -100.00% | - |
In the current month, the average price target of Honest Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Honest Company's last price of $4.00. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 10, 2024 | Northland Securities | Buy | Buy | Hold |
| Sep 09, 2024 | B. Riley | - | Buy | Initialise |
| Jun 25, 2024 | Loop Capital Markets | Hold | Buy | Upgrade |
| Apr 19, 2024 | Loop Capital Markets | Hold | Hold | Hold |
| Apr 04, 2024 | Lake Street | - | Buy | Initialise |
| Mar 14, 2024 | Telsey Advisory | Market Perform | Market Perform | Hold |
| Mar 14, 2024 | Morgan Stanley | Underperform | Underperform | Hold |
| Dec 14, 2022 | Telsey Advisory | Outperform | Outperform | Hold |
| Nov 11, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Nov 11, 2022 | Telsey Advisory | Outperform | Outperform | Hold |
Honest Company's last stock rating was published by Northland Securities on Sep 10, 2024. The company gave HNST a "Buy" rating, the same as its previous rate.
Honest Company Financial Forecast
Honest Company 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 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $90.26M | $86.17M | $84.54M | $83.39M | $81.86M | $84.58M | $78.49M | $68.72M | $80.38M | $82.65M | $74.58M | $81.03M |
| Avg Forecast | $100.42M | $97.57M | $97.51M | $91.88M | $96.33M | $92.68M | $87.09M | $83.21M | $84.07M | $82.26M | $80.28M | $71.56M | $80.86M | $83.68M | $75.74M | $68.80M | $84.65M | $80.50M | $78.78M | $79.26M |
| High Forecast | $103.03M | $100.11M | $100.05M | $94.26M | $98.84M | $93.65M | $89.35M | $85.38M | $84.25M | $84.40M | $82.37M | $73.43M | $82.96M | $85.86M | $76.90M | $69.85M | $85.94M | $81.73M | $79.98M | $80.47M |
| Low Forecast | $98.38M | $95.59M | $95.53M | $90.01M | $94.38M | $91.45M | $85.32M | $81.52M | $83.93M | $80.59M | $78.65M | $70.11M | $79.22M | $81.98M | $74.58M | $67.74M | $83.35M | $79.27M | $77.57M | $78.04M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | 1.07% | 1.05% | 1.05% | 1.17% | 1.01% | 1.01% | 1.04% | 1.00% | 0.95% | 1.03% | 0.95% | 1.02% |
Honest Company's average Quarter revenue forecast for Mar 24 based on 1 analysts is $83.21M, with a low forecast of $81.52M, and a high forecast of $85.38M. HNST's average Quarter revenue forecast represents a -7.81% decrease compared to the company's last Quarter revenue of $90.26M (Dec 23).
Honest Company 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 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | $1.13M | $-7.99M | $-13.39M | $-16.64M | $-12.76M | $-11.10M | $-10.07M | $-13.82M | $-8.42M | $-4.10M | $-18.98M | $-3.37M |
| Avg Forecast | $-8.76M | $-8.51M | $-8.51M | $-8.02M | $-8.41M | $-8.09M | $-7.60M | $-7.26M | $-7.34M | $-7.18M | $-7.01M | $-6.24M | $-7.06M | $-4.51M | $-6.61M | $-13.02M | $-7.39M | $-7.02M | $-20.04M | $-6.92M |
| High Forecast | $-8.58M | $-8.34M | $-8.34M | $-7.85M | $-8.24M | $-7.98M | $-7.44M | $-7.11M | $-7.32M | $-7.03M | $-6.86M | $-6.12M | $-6.91M | $-3.60M | $-6.51M | $-10.41M | $-7.27M | $-6.92M | $-16.03M | $-6.81M |
| Low Forecast | $-8.99M | $-8.74M | $-8.73M | $-8.23M | $-8.62M | $-8.17M | $-7.80M | $-7.45M | $-7.35M | $-7.36M | $-7.19M | $-6.41M | $-7.24M | $-5.41M | $-6.71M | $-15.62M | $-7.50M | $-7.13M | $-24.05M | $-7.02M |
| Surprise % | - | - | - | - | - | - | - | - | -0.15% | 1.11% | 1.91% | 2.66% | 1.81% | 2.46% | 1.52% | 1.06% | 1.14% | 0.58% | 0.95% | 0.49% |
1 analysts predict HNST's average Quarter EBITDA for Mar 24 to be $-7.26M, with a high of $-7.11M and a low of $-7.45M. This is -743.14% lower than Honest Company's previous annual EBITDA (Dec 23) of $1.13M.
Honest Company 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 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | $1.14M | $-8.10M | $-13.42M | $-18.87M | $-12.59M | $-11.79M | $-10.01M | $-14.63M | $-9.03M | $-5.14M | $-20.03M | $-4.48M |
| Avg Forecast | $198.16K | $-594.47K | $-990.79K | $-1.78M | $-1.24M | $-2.72M | $-4.12M | $-7.09M | $-7.54M | $-11.11M | $-12.96M | $-13.00M | $-4.52M | $-5.65M | $-8.75M | $-13.65M | $-6.56M | $-5.82M | $-21.15M | $-5.87M |
| High Forecast | $204.86K | $-578.80K | $-964.66K | $-1.74M | $-1.21M | $908.22K | $-4.01M | $-6.91M | $-5.65M | $-10.82M | $-12.62M | $-12.66M | $-4.40M | $-4.52M | $-8.58M | $-10.92M | $-6.43M | $-5.70M | $-16.92M | $-5.75M |
| Low Forecast | $192.93K | $-614.57K | $-1.02M | $-1.84M | $-1.28M | $-6.36M | $-4.26M | $-7.33M | $-9.42M | $-11.49M | $-13.40M | $-13.44M | $-4.68M | $-6.78M | $-8.93M | $-16.38M | $-6.69M | $-5.94M | $-25.38M | $-5.99M |
| Surprise % | - | - | - | - | - | - | - | - | -0.15% | 0.73% | 1.03% | 1.45% | 2.78% | 2.09% | 1.14% | 1.07% | 1.38% | 0.88% | 0.95% | 0.76% |
Honest Company's average Quarter net income forecast for Mar 24 is $-7.09M, with a range of $-7.33M to $-6.91M. HNST's average Quarter net income forecast represents a -720.10% decrease compared to the company's last Quarter net income of $1.14M (Dec 23).
Honest Company 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 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | $19.59M | $24.15M | $25.03M | $36.05M | $33.91M | $35.63M | $32.48M | $33.08M | $18.70M | $32.26M | $44.10M | $30.87M |
| Avg Forecast | $40.71M | $39.55M | $39.53M | $37.24M | $39.05M | $37.57M | $35.30M | $33.73M | $34.08M | $33.34M | $32.54M | $29.01M | $32.78M | $35.48M | $30.70M | $30.87M | $34.32M | $32.63M | $46.55M | $32.13M |
| High Forecast | $41.76M | $40.58M | $40.56M | $38.21M | $40.07M | $37.96M | $36.22M | $34.61M | $34.15M | $34.21M | $33.39M | $29.76M | $33.63M | $42.58M | $31.17M | $37.05M | $34.84M | $33.13M | $55.86M | $32.62M |
| Low Forecast | $39.88M | $38.75M | $38.73M | $36.49M | $38.26M | $37.07M | $34.59M | $33.05M | $34.02M | $32.67M | $31.88M | $28.42M | $32.11M | $28.38M | $30.23M | $24.70M | $33.79M | $32.13M | $37.24M | $31.64M |
| Surprise % | - | - | - | - | - | - | - | - | 0.57% | 0.72% | 0.77% | 1.24% | 1.03% | 1.00% | 1.06% | 1.07% | 0.55% | 0.99% | 0.95% | 0.96% |
Honest Company's average Quarter SG&A projection for Mar 24 is $33.73M, based on 1 Wall Street analysts, with a range of $33.05M to $34.61M. The forecast indicates a 72.22% rise compared to HNST last annual SG&A of $19.59M (Dec 23).
Honest Company 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 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | $0.01 | $-0.09 | $-0.14 | $-0.20 | $-0.14 | $-0.13 | $-0.11 | $-0.16 | $-0.10 | $-0.06 | $-0.17 | $-0.05 |
| Avg Forecast | - | $-0.01 | $-0.01 | $-0.02 | $-0.01 | $-0.03 | $-0.04 | $-0.07 | $-0.08 | $-0.11 | $-0.13 | $-0.13 | $-0.05 | $-0.08 | $-0.09 | $-0.15 | $-0.07 | $-0.06 | $-0.19 | $-0.06 |
| High Forecast | - | $-0.01 | $-0.01 | $-0.02 | $-0.01 | $0.01 | $-0.04 | $-0.07 | $-0.06 | $-0.11 | $-0.13 | $-0.13 | $-0.04 | $-0.08 | $-0.09 | $-0.15 | $-0.06 | $-0.06 | $-0.18 | $-0.06 |
| Low Forecast | - | $-0.01 | $-0.01 | $-0.02 | $-0.01 | $-0.06 | $-0.04 | $-0.07 | $-0.10 | $-0.12 | $-0.14 | $-0.14 | $-0.05 | $-0.08 | $-0.09 | $-0.15 | $-0.07 | $-0.06 | $-0.19 | $-0.06 |
| Surprise % | - | - | - | - | - | - | - | - | -0.15% | 0.76% | 1.07% | 1.52% | 3.07% | 1.60% | 1.25% | 1.07% | 1.50% | 1.02% | 0.91% | 0.84% |
According to 1 Wall Street analysts, Honest Company's projected average Quarter EPS for Mar 24 is $-0.07, with a low estimate of $-0.07 and a high estimate of $-0.07. This represents a -717.23% decrease compared to HNST previous annual EPS of $0.01 (Dec 23).
Honest Company Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EL | Estée Lauder Companies | $84.56 | $176.72 | 108.99% | Hold |
| EWCZ | European Wax Center | $7.07 | $12.10 | 71.15% | Buy |
| SKIN | Beauty Health Company | $1.50 | $2.50 | 66.67% | Buy |
| ELF | e.l.f. Beauty | $116.63 | $172.55 | 47.95% | Buy |
| COTY | Coty | $9.11 | $12.61 | 38.42% | Buy |
| IPAR | Inter Parfums | $117.54 | $157.00 | 33.57% | Buy |
| EPC | Edgewell Personal Care Company | $37.48 | $42.67 | 13.85% | Buy |
| HNST | Honest Company | $4.00 | $4.25 | 6.25% | Buy |
| KMB | Kimberly-Clark | $143.52 | $144.15 | 0.44% | Hold |
| HIMS | Hims & Hers Health | $16.57 | $16.00 | -3.44% | Buy |
| KVUE | Kenvue | $23.39 | $22.00 | -5.94% | Buy |
| UL | Unilever | $65.06 | $59.00 | -9.31% | Buy |
| PG | Procter & Gamble Company | $174.08 | $156.05 | -10.36% | Buy |
| CLX | Clorox Company | $166.27 | $146.67 | -11.79% | Hold |
| CL | Colgate-Palmolive Company | $105.73 | $90.75 | -14.17% | Buy |
HNST Forecast FAQ
Is Honest Company a good buy?
Yes, according to 7 Wall Street analysts, Honest Company (HNST) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 85.71% of HNST's total ratings.
What is HNST's price target?
Honest Company (HNST) average price target is $4.25 with a range of $3 to $6, implying a 6.25% from its last price of $4. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Honest Company stock go up soon?
According to Wall Street analysts' prediction for HNST stock, the company can go up by 6.25% (from the last price of $4 to the average price target of $4.25), up by 50.00% based on the highest stock price target, and down by -25.00% based on the lowest stock price target.
Can Honest Company stock reach $6?
HNST's average twelve months analyst stock price target of $4.25 does not support the claim that Honest Company can reach $6 in the near future.
What are Honest Company's analysts' financial forecasts?
Honest Company's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $359.31M (high $367.21M, low $352.67M), average EBITDA is $-31.354M (high $-30.774M, low $-32.043M), average net income is $-15.18M (high $-11.218M, low $-19.234M), average SG&A $145.66M (high $148.86M, low $142.96M), and average EPS is $-0.153 (high $-0.113, low $-0.194). HNST's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $387.37M (high $397.45M, low $379.52M), average EBITDA is $-33.802M (high $-33.117M, low $-34.681M), average net income is $-3.171M (high $-3.075M, low $-3.29M), average SG&A $157.03M (high $161.11M, low $153.85M), and average EPS is $-0.032 (high $-0.031, low $-0.0332).
Did the HNST's actual financial results beat the analysts' financial forecasts?
Based on Honest Company's last annual report (Dec 2023), the company's revenue was $344.36M, beating the average analysts forecast of $318.17M by 8.23%. Apple's EBITDA was $-38.909M, beating the average prediction of $-27.764M by 40.14%. The company's net income was $-39.238M, missing the average estimation of $-44.612M by -12.05%. Apple's SG&A was $94.58M, missing the average forecast of $128.98M by -26.67%. Lastly, the company's EPS was $-0.42, missing the average prediction of $-0.45 by -6.72%. In terms of the last quarterly report (Dec 2023), Honest Company's revenue was $90.26M, beating the average analysts' forecast of $84.07M by 7.37%. The company's EBITDA was $1.13M, missing the average prediction of $-7.336M by -115.39%. Honest Company's net income was $1.14M, missing the average estimation of $-7.538M by -115.18%. The company's SG&A was $19.59M, missing the average forecast of $34.08M by -42.53%. Lastly, the company's EPS was $0.0116, missing the average prediction of $-0.0761 by -115.25%