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 | $2.76 | $8.47 | 206.88% | Hold |
| SPWH | Sportsman's Warehouse | $2.09 | $6.29 | 200.96% | Hold |
| EYE | National Vision | $11.34 | $28.38 | 150.26% | Hold |
| HZO | MarineMax | $28.96 | $47.20 | 62.98% | Buy |
| FLWS | 1-800-FLOWERS | $7.51 | $9.50 | 26.50% | Buy |
| SBH | Sally Beauty | $13.13 | $12.33 | -6.09% | Hold |
| CASY | Casey's General Stores | $413.95 | $380.00 | -8.20% | Buy |
| TCS | Container Store Group | $4.31 | $1.00 | -76.80% | Hold |