Honest Company (HNST) Stock Forecast, Price Target & Predictions
HNST Stock Forecast
Honest Company stock forecast is as follows: an average price target of $5.58 (represents a -7.15% downside from HNST’s last price of $6.01) 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 $5.58 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $7.00 to $3.75. This represents a potential -7.15% downside from HNST's last price of $6.01.
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 |
|---|---|---|---|---|---|---|
| Nov 13, 2024 | Laura Champine | Loop Capital Markets | $7.00 | $3.68 | 90.22% | 16.47% |
| Apr 19, 2024 | Laura Champine | Loop Capital Markets | $3.00 | $3.06 | -1.96% | -50.08% |
| Mar 14, 2024 | Laura Champine | Loop Capital Markets | $5.00 | $4.55 | 9.89% | -16.81% |
| Dec 14, 2022 | Dana Telsey | Telsey Advisory | $6.00 | $3.19 | 88.09% | -0.17% |
| Nov 11, 2022 | - | Morgan Stanley | $3.75 | $3.15 | 18.86% | -37.60% |
The latest Honest Company stock forecast, released on Nov 13, 2024 by Laura Champine from Loop Capital Markets, set a price target of $7.00, which represents a 90.22% increase from the stock price at the time of the forecast ($3.68), and a 16.47% increase from HNST last price ($6.01).
Honest Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 3 |
| Avg Price Target | $7.00 | $7.00 | $5.00 |
| Last Closing Price | $6.01 | $6.01 | $6.01 |
| Upside/Downside | 16.47% | 16.47% | -16.81% |
In the current month, the average price target of Honest Company stock is $7.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 16.47% increase as opposed to Honest Company's last price of $6.01. This month's average price target is down 0.00% compared to last quarter, and up 40.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 13, 2024 | Lake Street | Buy | Buy | Hold |
| Nov 13, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| 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 | Morgan Stanley | Underperform | Underperform | Hold |
| Mar 14, 2024 | Telsey Advisory | Market Perform | Market Perform | Hold |
| Dec 14, 2022 | Telsey Advisory | Outperform | Outperform | Hold |
Honest Company's last stock rating was published by Lake Street on Nov 13, 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 | $96.30M | $92.93M | $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 | $100.42M | $97.57M | $97.51M | $91.88M | $96.30M | $93.81M | $87.09M | $83.21M | $84.25M | $82.26M | $80.28M | $71.56M | $80.86M | $83.68M | $75.74M | $68.80M | $84.65M | $80.50M | $78.78M | $79.26M |
| Low Forecast | $100.42M | $97.57M | $97.51M | $91.88M | $96.30M | $91.40M | $87.09M | $83.21M | $83.93M | $82.26M | $80.28M | $71.56M | $80.86M | $83.68M | $75.74M | $68.80M | $84.65M | $80.50M | $78.78M | $79.26M |
| # 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 $83.21M, and a high forecast of $83.21M. 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 | $-8.40M | $-8.11M | $-7.60M | $-7.26M | $-7.34M | $-7.18M | $-7.01M | $-6.24M | $-7.06M | $-7.30M | $-6.61M | $-13.02M | $-7.39M | $-7.02M | $-20.04M | $-6.92M |
| High Forecast | $-8.76M | $-8.51M | $-8.51M | $-8.02M | $-8.40M | $-7.98M | $-7.60M | $-7.26M | $-7.32M | $-7.18M | $-7.01M | $-6.24M | $-7.06M | $-7.30M | $-6.61M | $-10.41M | $-7.39M | $-7.02M | $-16.03M | $-6.92M |
| Low Forecast | $-8.76M | $-8.51M | $-8.51M | $-8.02M | $-8.40M | $-8.19M | $-7.60M | $-7.26M | $-7.35M | $-7.18M | $-7.01M | $-6.24M | $-7.06M | $-7.30M | $-6.61M | $-15.62M | $-7.39M | $-7.02M | $-24.05M | $-6.92M |
| Surprise % | - | - | - | - | - | - | - | - | -0.15% | 1.11% | 1.91% | 2.66% | 1.81% | 1.52% | 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 $-7.26M and a low of $-7.26M. 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 | $-1.07M | $-2.44M | $-4.12M | $-7.09M | $-7.54M | $-11.11M | $-12.96M | $-13.00M | $-4.52M | $-8.07M | $-8.75M | $-13.65M | $-6.56M | $-5.82M | $-21.15M | $-5.87M |
| High Forecast | $198.16K | $-594.47K | $-990.79K | $-1.78M | $-1.07M | $-814.10K | $-4.12M | $-7.09M | $-5.65M | $-11.11M | $-12.96M | $-13.00M | $-4.52M | $-8.07M | $-8.75M | $-10.92M | $-6.56M | $-5.82M | $-16.92M | $-5.87M |
| Low Forecast | $198.16K | $-594.47K | $-990.79K | $-1.78M | $-1.07M | $-5.70M | $-4.12M | $-7.09M | $-9.42M | $-11.11M | $-12.96M | $-13.00M | $-4.52M | $-8.07M | $-8.75M | $-16.38M | $-6.56M | $-5.82M | $-25.38M | $-5.87M |
| Surprise % | - | - | - | - | - | - | - | - | -0.15% | 0.73% | 1.03% | 1.45% | 2.78% | 1.46% | 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 $-7.09M to $-7.09M. 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 | $39.04M | $37.67M | $35.30M | $33.73M | $34.08M | $33.34M | $32.54M | $29.01M | $32.78M | $33.92M | $30.70M | $30.87M | $34.32M | $32.63M | $46.55M | $32.13M |
| High Forecast | $40.71M | $39.55M | $39.53M | $37.24M | $39.04M | $38.03M | $35.30M | $33.73M | $34.15M | $33.34M | $32.54M | $29.01M | $32.78M | $33.92M | $30.70M | $37.05M | $34.32M | $32.63M | $55.86M | $32.13M |
| Low Forecast | $40.71M | $39.55M | $39.53M | $37.24M | $39.04M | $37.05M | $35.30M | $33.73M | $34.02M | $33.34M | $32.54M | $29.01M | $32.78M | $33.92M | $30.70M | $24.70M | $34.32M | $32.63M | $37.24M | $32.13M |
| Surprise % | - | - | - | - | - | - | - | - | 0.57% | 0.72% | 0.77% | 1.24% | 1.03% | 1.05% | 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 $33.73M to $33.73M. 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 | $-0.02 | $-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 | $-0.05 | $-0.08 | $-0.09 | $-0.15 | $-0.07 | $-0.06 | $-0.19 | $-0.06 |
| Low Forecast | - | $-0.01 | $-0.01 | $-0.02 | $-0.01 | $-0.06 | $-0.04 | $-0.07 | $-0.10 | $-0.11 | $-0.13 | $-0.13 | $-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 | $62.86 | $168.50 | 168.06% | Hold |
| COTY | Coty | $7.38 | $12.35 | 67.34% | Buy |
| EWCZ | European Wax Center | $8.01 | $12.10 | 51.06% | Buy |
| SKIN | Beauty Health Company | $1.85 | $2.50 | 35.14% | Buy |
| IPAR | Inter Parfums | $128.20 | $163.50 | 27.54% | Buy |
| EPC | Edgewell Personal Care Company | $34.68 | $42.00 | 21.11% | Buy |
| ELF | e.l.f. Beauty | $122.96 | $143.18 | 16.44% | Buy |
| KMB | Kimberly-Clark | $132.19 | $144.64 | 9.42% | Hold |
| CL | Colgate-Palmolive Company | $91.07 | $93.65 | 2.83% | Buy |
| UL | Unilever | $57.38 | $59.00 | 2.82% | Buy |
| KVUE | Kenvue | $23.14 | $23.00 | -0.61% | Hold |
| PG | Procter & Gamble Company | $166.58 | $160.09 | -3.90% | Buy |
| HNST | Honest Company | $6.01 | $5.58 | -7.15% | Buy |
| CLX | Clorox Company | $165.36 | $148.77 | -10.03% | Buy |
| HIMS | Hims & Hers Health | $27.60 | $21.60 | -21.74% | Buy |