JOANN (JOAN) Stock Forecast, Price Target & Predictions
JOAN Stock Forecast
JOANN stock forecast is as follows: an average price target of $4.00 (represents a 2976.92% upside from JOAN’s last price of $0.13) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.
JOAN Price Target
The average price target for JOANN (JOAN) is $4.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $5.00 to $3.00. This represents a potential 2976.92% upside from JOAN's last price of $0.13.
JOAN Analyst Ratings
According to 4 Wall Street analysts, JOANN's rating consensus is 'Hold'. The analyst rating breakdown for JOAN stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 4 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
JOANN Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jan 05, 2023 | - | Wells Fargo | $3.00 | $3.23 | -7.12% | 2207.69% |
| Dec 13, 2022 | - | Telsey Advisory | $5.00 | $4.39 | 13.90% | 3746.15% |
| Dec 09, 2022 | - | Telsey Advisory | $6.00 | $4.47 | 34.23% | 4515.38% |
| Sep 02, 2022 | Christina Fernandez | Telsey Advisory | $8.00 | $7.11 | 12.52% | 6053.85% |
The latest JOANN stock forecast, released on Jan 05, 2023 by Wells Fargo company, set a price target of $3.00, which represents a -7.12% decrease from the stock price at the time of the forecast ($3.23), and a 2207.69% increase from JOAN last price ($0.13).
JOANN Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $0.13 | $0.13 | $0.13 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of JOANN stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to JOANN's last price of $0.13. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 28, 2023 | Piper Sandler | Neutral | Neutral | Hold |
| Aug 28, 2023 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jan 05, 2023 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Dec 09, 2022 | Telsey Advisory | Market Perform | Market Perform | Hold |
| Sep 02, 2022 | Telsey Advisory | Market Perform | Market Perform | Hold |
| Jun 03, 2022 | Bank of America Securities | - | Neutral | Downgrade |
JOANN's last stock rating was published by Piper Sandler on Aug 28, 2023. The company gave JOAN a "Neutral" rating, the same as its previous rate.
JOANN Financial Forecast
JOANN Revenue Forecast
| Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | $478.10M | $692.80M | $562.80M | $463.30M | $498.00M | $735.30M | $611.00M | $496.90M | - |
| Avg Forecast | $679.60M | $541.10M | $453.80M | $470.90M | $709.80M | $547.20M | $437.52M | $480.61M | $668.84M | $568.55M | $449.87M | $524.55M | $752.33M | $620.84M | $532.84M | $566.79M |
| High Forecast | $679.60M | $541.10M | $453.80M | $470.90M | $709.80M | $552.71M | $437.52M | $480.61M | $668.84M | $568.55M | $449.87M | $524.55M | $752.33M | $620.84M | $532.84M | $566.79M |
| Low Forecast | $679.60M | $541.10M | $453.80M | $470.90M | $709.80M | $541.69M | $437.52M | $480.61M | $668.84M | $568.55M | $449.87M | $524.55M | $752.33M | $620.84M | $532.84M | $566.79M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | 0.99% | 1.04% | 0.99% | 1.03% | 0.95% | 0.98% | 0.98% | 0.93% | - |
JOANN's average Quarter revenue forecast for Jul 23 based on 2 analysts is $437.52M, with a low forecast of $437.52M, and a high forecast of $437.52M. JOAN's average Quarter revenue forecast represents a -8.49% decrease compared to the company's last Quarter revenue of $478.10M (Apr 23).
JOANN EBITDA Forecast
| Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | $-13.90M | $16.80M | $12.00M | $-43.60M | $-18.40M | $-34.32M | $61.20M | $41.20M | - |
| Avg Forecast | $41.89M | $33.35M | $27.97M | $-30.84M | $43.75M | $33.73M | $26.97M | $-32.99M | $51.10M | $35.05M | $27.73M | $-29.99M | $46.37M | $38.27M | $24.50M | $34.94M |
| High Forecast | $41.89M | $33.35M | $27.97M | $-24.67M | $43.75M | $34.07M | $26.97M | $-26.39M | $61.32M | $35.05M | $27.73M | $-23.99M | $46.37M | $38.27M | $29.40M | $34.94M |
| Low Forecast | $41.89M | $33.35M | $27.97M | $-37.01M | $43.75M | $33.39M | $26.97M | $-39.58M | $40.88M | $35.05M | $27.73M | $-35.99M | $46.37M | $38.27M | $19.60M | $34.94M |
| Surprise % | - | - | - | - | - | - | - | 0.42% | 0.33% | 0.34% | -1.57% | 0.61% | -0.74% | 1.60% | 1.68% | - |
2 analysts predict JOAN's average Quarter EBITDA for Apr 23 to be $-32.99M, with a high of $-26.39M and a low of $-39.58M. This is -296.35% lower than JOANN's previous annual EBITDA (Jan 23) of $16.80M.
JOANN Net Income Forecast
| Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | $-51.70M | $-88.90M | $-17.50M | $-56.90M | $-35.10M | $13.60M | $22.80M | $5.20M | - |
| Avg Forecast | $16.46M | $-15.19M | $-49.37M | $12.22M | $9.71M | $-9.02M | $-48.61M | $13.07M | $19.04M | $3.94M | $-27.51M | $11.88M | $41.51M | $26.01M | $6.99M | $7.89M |
| High Forecast | $16.46M | $-15.19M | $-49.37M | $14.67M | $9.71M | $-6.17M | $-48.61M | $15.69M | $22.84M | $3.94M | $-27.51M | $14.26M | $41.51M | $26.01M | $8.39M | $7.89M |
| Low Forecast | $16.46M | $-15.19M | $-49.37M | $9.78M | $9.71M | $-11.40M | $-48.61M | $10.46M | $15.23M | $3.94M | $-27.51M | $9.51M | $41.51M | $26.01M | $5.59M | $7.89M |
| Surprise % | - | - | - | - | - | - | - | -3.96% | -4.67% | -4.44% | 2.07% | -2.95% | 0.33% | 0.88% | 0.74% | - |
JOANN's average Quarter net income forecast for Apr 22 is $11.88M, with a range of $9.51M to $14.26M. JOAN's average Quarter net income forecast represents a -12.62% decrease compared to the company's last Quarter net income of $13.60M (Jan 22).
JOANN SG&A Forecast
| Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | $262.90M | $286.90M | $269.00M | $258.50M | $259.10M | $278.40M | $257.60M | $247.00M | - |
| Avg Forecast | $294.49M | $234.47M | $196.64M | $250.20M | $307.57M | $237.12M | $189.59M | $267.59M | $215.08M | $246.37M | $194.94M | $243.26M | $326.00M | $269.03M | $115.74M | $245.60M |
| High Forecast | $294.49M | $234.47M | $196.64M | $300.23M | $307.57M | $239.50M | $189.59M | $321.11M | $258.09M | $246.37M | $194.94M | $291.91M | $326.00M | $269.03M | $138.89M | $245.60M |
| Low Forecast | $294.49M | $234.47M | $196.64M | $200.16M | $307.57M | $234.73M | $189.59M | $214.07M | $172.06M | $246.37M | $194.94M | $194.61M | $326.00M | $269.03M | $92.59M | $245.60M |
| Surprise % | - | - | - | - | - | - | - | 0.98% | 1.33% | 1.09% | 1.33% | 1.07% | 0.85% | 0.96% | 2.13% | - |
JOANN's average Quarter SG&A projection for Jul 23 is $189.59M, based on 2 Wall Street analysts, with a range of $189.59M to $189.59M. The forecast indicates a -27.89% fall compared to JOAN last annual SG&A of $262.90M (Apr 23).
JOANN EPS Forecast
| Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | $-1.25 | $-2.17 | $-0.43 | $-1.40 | $-0.86 | $0.33 | $0.55 | $0.12 | - |
| Avg Forecast | $0.39 | $-0.36 | $-1.17 | $-0.76 | $0.23 | $-0.21 | $-1.15 | $-0.68 | $0.62 | $0.09 | $-0.65 | $0.11 | $0.98 | $0.62 | $-0.14 | $0.19 |
| High Forecast | $0.39 | $-0.36 | $-1.17 | $-0.76 | $0.23 | $-0.15 | $-1.15 | $-0.68 | $0.62 | $0.09 | $-0.65 | $0.11 | $0.98 | $0.62 | $-0.14 | $0.19 |
| Low Forecast | $0.39 | $-0.36 | $-1.17 | $-0.76 | $0.23 | $-0.27 | $-1.15 | $-0.68 | $0.62 | $0.09 | $-0.65 | $0.11 | $0.98 | $0.62 | $-0.14 | $0.19 |
| Surprise % | - | - | - | - | - | - | - | 1.84% | -3.49% | -4.61% | 2.15% | -7.55% | 0.34% | 0.89% | -0.89% | - |
According to 1 Wall Street analysts, JOANN's projected average Quarter EPS for Apr 22 is $0.11, with a low estimate of $0.11 and a high estimate of $0.11. This represents a -65.49% decrease compared to JOAN previous annual EPS of $0.33 (Jan 22).
JOANN Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CONN | Conn's | $0.10 | $5.50 | 5400.00% | Buy |
| JOAN | JOANN | $0.10 | $4.00 | 3900.00% | Hold |
| LESL | Leslie's | $2.91 | $8.47 | 191.07% | Hold |
| EYE | National Vision | $11.63 | $28.38 | 144.02% | Hold |
| SPWH | Sportsman's Warehouse | $2.62 | $6.29 | 140.08% | Hold |
| HZO | MarineMax | $28.69 | $47.20 | 64.52% | Buy |
| FLWS | 1-800-FLOWERS | $8.18 | $9.50 | 16.14% | Buy |
| CASY | Casey's General Stores | $381.08 | $379.00 | -0.55% | Buy |
| SBH | Sally Beauty | $12.92 | $12.00 | -7.12% | Buy |
| TCS | Container Store Group | $4.64 | $1.00 | -78.45% | Hold |
JOAN Forecast FAQ
Is JOANN a good buy?
No, according to 4 Wall Street analysts, JOANN (JOAN) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of JOAN's total ratings.
What is JOAN's price target?
JOANN (JOAN) average price target is $4 with a range of $3 to $5, implying a 2976.92% from its last price of $0.13. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will JOANN stock go up soon?
According to Wall Street analysts' prediction for JOAN stock, the company can go up by 2976.92% (from the last price of $0.13 to the average price target of $4), up by 3746.15% based on the highest stock price target, and up by 2207.69% based on the lowest stock price target.
Can JOANN stock reach $0?
JOAN's average twelve months analyst stock price target of $4 supports the claim that JOANN can reach $0 in the near future.
What are JOANN's analysts' financial forecasts?
JOANN's analysts financial forecasts for the fiscal year (Jan 2024) are as follows: average revenue is $2.18B (high $2.18B, low $2.17B), average EBITDA is $71.47M (high $78.4M, low $64.53M), average net income is $-34.859M (high $-29.395M, low $-39.847M), average SG&A $1B (high $1.06B, low $945.96M), and average EPS is $-1.814 (high $-1.747, low $-1.87). JOAN's analysts financial forecasts for the fiscal year (Jan 2025) are as follows: average revenue is $2.15B (high $2.15B, low $2.15B), average EBITDA is $72.38M (high $78.54M, low $66.21M), average net income is $-35.886M (high $-33.441M, low $-38.33M), average SG&A $975.8M (high $1.03B, low $925.76M), and average EPS is $-1.9 (high $-1.9, low $-1.9).
Did the JOAN's actual financial results beat the analysts' financial forecasts?
Based on JOANN's last annual report (Jan 2023), the company's revenue was $2.22B, beating the average analysts forecast of $2.21B by 0.23%. Apple's EBITDA was $-33.2M, missing the average prediction of $83.89M by -139.58%. The company's net income was $-198M, missing the average estimation of $7.35M by -2799.84%. Apple's SG&A was $1.07B, beating the average forecast of $899.64M by 19.32%. Lastly, the company's EPS was $-4.87, missing the average prediction of $0.178 by -2838.68%. In terms of the last quarterly report (Apr 2023), JOANN's revenue was $478.1M, missing the average analysts' forecast of $480.61M by -0.52%. The company's EBITDA was $-13.9M, missing the average prediction of $-32.987M by -57.86%. JOANN's net income was $-51.7M, missing the average estimation of $13.07M by -495.51%. The company's SG&A was $262.9M, missing the average forecast of $267.59M by -1.75%. Lastly, the company's EPS was $-1.25, beating the average prediction of $-0.678 by 84.28%