Honest Company (HNST) Stock Forecast, Price Target & Predictions


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HNST Stock Forecast


Honest Company stock forecast is as follows: an average price target of $7.00 (represents a 1.60% upside from HNST’s last price of $6.89) 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 $7.00 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 $7.00. This represents a potential 1.60% upside from HNST's last price of $6.89.

HNST Analyst Ratings


Buy

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%), 5 'Buy' (71.43%), 2 'Hold' (28.57%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Honest Company Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 13, 2024Laura ChampineLoop Capital Markets$7.00$3.6890.22%1.60%
Apr 19, 2024Laura ChampineLoop Capital Markets$3.00$3.06-1.96%-56.46%
Mar 14, 2024Laura ChampineLoop Capital Markets$5.00$4.559.89%-27.43%
Dec 14, 2022Dana TelseyTelsey Advisory$6.00$3.1988.09%-12.92%
Nov 11, 2022Morgan Stanley$3.75$3.1518.86%-45.57%

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 1.60% increase from HNST last price ($6.89).

Honest Company Price Target by Period


1M3M12M
# Anlaysts-13
Avg Price Target-$7.00$5.00
Last Closing Price$6.89$6.89$6.89
Upside/Downside-100.00%1.60%-27.43%

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 $6.89. 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
Dec 17, 2024Loop Capital MarketsBuyHoldDowngrade
Nov 13, 2024Lake StreetBuyBuyHold
Nov 13, 2024Loop Capital MarketsBuyBuyHold
Sep 10, 2024Northland SecuritiesBuyBuyHold
Sep 09, 2024B. RileyBuyInitialise
Jun 25, 2024Loop Capital MarketsHoldBuyUpgrade
Apr 19, 2024Loop Capital MarketsHoldHoldHold
Apr 04, 2024Lake StreetBuyInitialise
Mar 14, 2024Telsey AdvisoryMarket PerformMarket PerformHold
Mar 14, 2024Morgan StanleyUnderperformUnderperformHold
Dec 14, 2022Telsey AdvisoryOutperformOutperformHold
Nov 11, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Nov 11, 2022Telsey AdvisoryOutperformOutperformHold
Jun 09, 2022Loop Capital MarketsHoldDowngrade
May 13, 2022Piper SandlerOverweightUpgrade
Jun 17, 2021JefferiesBuyBuyHold

Honest Company's last stock rating was published by Loop Capital Markets on Dec 17, 2024. The company Downgrade its HNST rating from "Buy" to "Hold".

Honest Company Financial Forecast


Honest Company Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 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$101.82M$103.98M$98.75M$92.96M$96.34M$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$104.35M$106.57M$101.21M$94.63M$97.48M$92.93M$87.09M$83.21M$84.25M$82.26M$82.28M$73.35M$82.87M$83.68M$75.74M$68.80M$84.65M$80.50M$78.78M$79.26M
Low Forecast$99.52M$101.64M$96.53M$90.33M$94.99M$92.92M$87.09M$83.21M$83.93M$82.26M$78.47M$69.95M$79.04M$83.68M$75.74M$68.80M$84.65M$80.50M$78.78M$79.26M
# Analysts11136311311111111111
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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts11136311311111111111
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$-9.92M$-10.13M$-9.63M$-9.06M$-9.39M$-9.06M$-8.49M$-8.11M$-8.19M$-8.02M$-7.82M$-6.98M$-7.88M$-7.30M$-6.61M$-13.02M$-7.39M$-7.02M$-20.04M$-6.92M
High Forecast$-9.70M$-9.91M$-9.41M$-8.80M$-9.26M$-9.06M$-8.49M$-8.11M$-8.18M$-8.02M$-7.65M$-6.82M$-7.70M$-7.30M$-6.61M$-10.41M$-7.39M$-7.02M$-16.03M$-6.92M
Low Forecast$-10.17M$-10.39M$-9.87M$-9.22M$-9.50M$-9.06M$-8.49M$-8.11M$-8.21M$-8.02M$-8.02M$-7.15M$-8.08M$-7.30M$-6.61M$-15.62M$-7.39M$-7.02M$-24.05M$-6.92M
Surprise %---------0.14%1.00%1.71%2.39%1.62%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 $-8.11M, with a high of $-8.11M and a low of $-8.11M. This is -818.39% lower than Honest Company's previous annual EBITDA (Dec 23) of $1.13M.

Honest Company Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts11136311311111111111
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$627.53K$2.09M$1.05M$-209.18K$-1.70M$-2.58M$-4.35M$-7.49M$-7.96M$-11.73M$-13.69M$-13.72M$-4.77M$-8.07M$-8.75M$-13.65M$-6.56M$-5.82M$-21.15M$-5.87M
High Forecast$647.85K$2.16M$1.08M$-203.05K$-849.78K$-2.50M$-4.22M$-7.27M$-5.97M$-11.38M$-13.28M$-13.32M$-4.63M$-8.07M$-8.75M$-10.92M$-6.56M$-5.82M$-16.92M$-5.87M
Low Forecast$609.14K$2.03M$1.02M$-215.95K$-3.40M$-2.66M$-4.49M$-7.73M$-9.95M$-12.11M$-14.13M$-14.17M$-4.93M$-8.07M$-8.75M$-16.38M$-6.56M$-5.82M$-25.38M$-5.87M
Surprise %---------0.14%0.69%0.98%1.37%2.64%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 $-7.49M, with a range of $-7.73M to $-7.27M. HNST's average Quarter net income forecast represents a -754.58% decrease compared to the company's last Quarter net income of $1.14M (Dec 23).

Honest Company SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts11136311311111111111
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$42.03M$42.92M$40.77M$38.38M$39.77M$38.36M$35.95M$34.35M$34.71M$33.96M$33.14M$29.54M$33.38M$33.92M$30.70M$30.87M$34.32M$32.63M$46.55M$32.13M
High Forecast$43.08M$43.99M$41.78M$39.07M$40.24M$38.36M$35.95M$34.35M$34.78M$33.96M$33.97M$30.28M$34.21M$33.92M$30.70M$37.05M$34.32M$32.63M$55.86M$32.13M
Low Forecast$41.08M$41.96M$39.85M$37.29M$39.21M$38.36M$35.95M$34.35M$34.65M$33.96M$32.39M$28.88M$32.63M$33.92M$30.70M$24.70M$34.32M$32.63M$37.24M$32.13M
Surprise %--------0.56%0.71%0.76%1.22%1.02%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 $34.35M, based on 1 Wall Street analysts, with a range of $34.35M to $34.35M. The forecast indicates a 75.38% rise compared to HNST last annual SG&A of $19.59M (Dec 23).

Honest Company EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts11136311311111111111
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$0.02$0.01$-0.00$-0.02$-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$0.02$0.01$-0.00$-0.01$-0.02$-0.04$-0.07$-0.06$-0.11$-0.13$-0.13$-0.04$-0.08$-0.09$-0.15$-0.07$-0.06$-0.19$-0.06
Low Forecast$0.01$0.02$0.01$-0.00$-0.03$-0.03$-0.04$-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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
COTYCoty$7.32$12.5070.77%Buy
ELEstée Lauder Companies$78.18$112.8344.32%Hold
EWCZEuropean Wax Center$5.80$7.3827.24%Buy
ELFe.l.f. Beauty$134.89$170.1726.15%Buy
IPARInter Parfums$133.41$163.5022.55%Buy
ULUnilever$59.30$71.0019.73%Buy
KMBKimberly-Clark$131.14$155.6718.71%Hold
CLColgate-Palmolive Company$93.49$108.6716.24%Buy
EPCEdgewell Personal Care Company$35.05$40.0014.12%Buy
KVUEKenvue$22.04$24.7512.30%Buy
PGProcter & Gamble Company$170.33$173.922.11%Buy
HNSTHonest Company$7.09$7.00-1.27%Buy
CLXClorox Company$163.32$147.00-9.99%Buy
HIMSHims & Hers Health$31.12$24.67-20.73%Buy
SKINBeauty Health Company$1.61$1.00-37.89%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 5 'Buy' recommendations, accounting for 71.43% of HNST's total ratings.

What is HNST's price target?

Honest Company (HNST) average price target is $7 with a range of $7 to $7, implying a 1.60% from its last price of $6.89. 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 1.60% (from the last price of $6.89 to the average price target of $7), up by 1.60% based on the highest stock price target, and up by 1.60% based on the lowest stock price target.

Can Honest Company stock reach $10?

HNST's average twelve months analyst stock price target of $7 does not support the claim that Honest Company can reach $10 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 $359.56M (high $360.71M, low $358.21M), average EBITDA is $-35.046M (high $-34.914M, low $-35.158M), average net income is $-16.118M (high $-14.846M, low $-18.284M), average SG&A $148.43M (high $148.91M, low $147.87M), and average EPS is $-0.154 (high $-0.142, low $-0.175). HNST's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $397.51M (high $406.77M, low $388.02M), average EBITDA is $-38.745M (high $-37.82M, low $-39.647M), average net income is $3.56M (high $3.68M, low $3.44M), average SG&A $164.1M (high $167.92M, low $160.18M), and average EPS is $0.034 (high $0.0352, low $0.0329).

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 $-31.012M by 25.46%. The company's net income was $-39.238M, missing the average estimation of $-47.093M by -16.68%. Apple's SG&A was $94.58M, missing the average forecast of $131.35M by -27.99%. 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 $-8.194M by -113.78%. Honest Company's net income was $1.14M, missing the average estimation of $-7.957M by -114.38%. The company's SG&A was $19.59M, missing the average forecast of $34.71M by -43.56%. Lastly, the company's EPS was $0.0116, missing the average prediction of $-0.0761 by -115.25%