Newell Brands (NWL) Stock Forecast, Price Target & Predictions
NWL Stock Forecast
Newell Brands stock forecast is as follows: an average price target of $16.14 (represents a 80.54% upside from NWL’s last price of $8.94) and a rating consensus of 'Hold', based on 12 wall street analysts offering a 1-year stock forecast.
NWL Price Target
The average price target for Newell Brands (NWL) is $16.14 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $28.00 to $8.00. This represents a potential 80.54% upside from NWL's last price of $8.94.
NWL Analyst Ratings
According to 12 Wall Street analysts, Newell Brands's rating consensus is 'Hold'. The analyst rating breakdown for NWL stock is 0 'Strong Buy' (0.00%), 5 'Buy' (41.67%), 7 'Hold' (58.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Newell Brands Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 28, 2024 | Filippo Falorni | Citigroup | $9.50 | $9.61 | -1.14% | 6.26% |
| Oct 28, 2024 | Brian McNamara | Canaccord Genuity | $13.00 | $9.55 | 36.05% | 45.41% |
| Jul 29, 2024 | Bill Chappell | Truist Financial | $10.00 | $8.80 | 13.64% | 11.86% |
| Jul 29, 2024 | Steve Powers | Deutsche Bank | $9.00 | $8.91 | 1.01% | 0.67% |
| Jul 29, 2024 | Brian McNamara | Canaccord Genuity | $12.00 | $8.81 | 36.21% | 34.23% |
| May 14, 2024 | Lauren Lieberman | Barclays | $8.00 | $8.24 | -2.91% | -10.51% |
| Apr 29, 2024 | Steve Powers | Deutsche Bank | $8.00 | $8.03 | -0.31% | -10.51% |
| Apr 29, 2024 | Brian McNamara | Canaccord Genuity | $10.00 | $8.04 | 24.30% | 11.86% |
| Jan 13, 2023 | - | J.P. Morgan | $18.00 | $15.31 | 17.53% | 101.34% |
| Jan 03, 2023 | - | Wells Fargo | $13.00 | $13.41 | -3.06% | 45.41% |
The latest Newell Brands stock forecast, released on Oct 28, 2024 by Filippo Falorni from Citigroup, set a price target of $9.50, which represents a -1.14% decrease from the stock price at the time of the forecast ($9.61), and a 6.26% increase from NWL last price ($8.94).
Newell Brands Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 8 |
| Avg Price Target | $11.25 | $11.25 | $9.94 |
| Last Closing Price | $8.94 | $8.94 | $8.94 |
| Upside/Downside | 25.84% | 25.84% | 11.19% |
In the current month, the average price target of Newell Brands stock is $11.25, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 25.84% increase as opposed to Newell Brands's last price of $8.94. This month's average price target is down 0.00% compared to last quarter, and up 13.18% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 28, 2024 | Citigroup | Neutral | Neutral | Hold |
| Oct 28, 2024 | Canaccord Genuity | Buy | Buy | Hold |
| Jul 29, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Jul 29, 2024 | Canaccord Genuity | Buy | Buy | Hold |
| Jul 29, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| May 14, 2024 | Barclays | Underweight | Equal-Weight | Upgrade |
| Apr 30, 2024 | Barclays | Underweight | Underweight | Hold |
| Apr 29, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Apr 29, 2024 | Canaccord Genuity | Buy | Buy | Hold |
| Feb 09, 2024 | Barclays | Underweight | Underweight | Hold |
Newell Brands's last stock rating was published by Citigroup on Oct 28, 2024. The company gave NWL a "Neutral" rating, the same as its previous rate.
Newell Brands Financial Forecast
Newell Brands Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $2.08B | $2.05B | $2.20B | $1.80B | $2.29B | $2.25B | $2.53B | $2.39B | $2.81B | $2.79B | $2.71B | $2.29B | $2.69B | $2.70B | $2.11B | $1.89B | $2.98B | $2.45B |
| Avg Forecast | $2.02B | $1.97B | $2.03B | $1.62B | $2.00B | $1.96B | $2.02B | $1.62B | $1.97B | $1.96B | $2.05B | $1.64B | $1.98B | $2.12B | $2.15B | $1.79B | $2.23B | $2.25B | $2.54B | $2.28B | $2.65B | $2.78B | $2.56B | $2.07B | $2.61B | $2.48B | $2.03B | $1.91B | $2.58B | $2.43B |
| High Forecast | $2.06B | $2.02B | $2.08B | $1.66B | $2.05B | $2.01B | $2.07B | $1.65B | $2.02B | $1.96B | $2.05B | $1.65B | $1.99B | $2.14B | $2.20B | $1.84B | $2.28B | $2.25B | $2.54B | $2.28B | $2.65B | $2.78B | $2.56B | $2.07B | $2.61B | $2.48B | $2.03B | $1.91B | $2.58B | $2.43B |
| Low Forecast | $1.99B | $1.94B | $2.00B | $1.60B | $1.97B | $1.93B | $1.99B | $1.58B | $1.95B | $1.96B | $2.05B | $1.64B | $1.96B | $2.09B | $2.12B | $1.77B | $2.20B | $2.25B | $2.54B | $2.28B | $2.65B | $2.78B | $2.56B | $2.07B | $2.61B | $2.48B | $2.03B | $1.91B | $2.58B | $2.43B |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 10 | 10 | 10 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 0.97% | 1.02% | 1.01% | 1.03% | 1.00% | 1.00% | 1.05% | 1.06% | 1.00% | 1.06% | 1.11% | 1.03% | 1.09% | 1.04% | 0.99% | 1.15% | 1.01% |
Newell Brands's average Quarter revenue forecast for Mar 24 based on 3 analysts is $1.64B, with a low forecast of $1.64B, and a high forecast of $1.65B. NWL's average Quarter revenue forecast represents a -20.79% decrease compared to the company's last Quarter revenue of $2.08B (Dec 23).
Newell Brands EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 10 | 10 | 10 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-10.00M | $-159.00M | $120.00M | $71.00M | $138.00M | $178.00M | $384.00M | $298.00M | $249.00M | $358.00M | $388.00M | $279.00M | $260.00M | $445.00M | $249.00M | $-1.33B | $145.60M | $-766.40M |
| Avg Forecast | $87.76M | $85.89M | $88.49M | $70.60M | $87.16M | $85.35M | $88.08M | $70.69M | $85.84M | $85.21M | $89.15M | $444.86M | $86.12M | $92.40M | $93.78M | $351.67M | $199.20M | $335.00M | $378.24M | $278.00M | $394.55M | $414.11M | $381.14M | $191.64M | $389.50M | $369.82M | $302.02M | $-730.95M | $384.29M | $362.51M |
| High Forecast | $89.80M | $87.88M | $90.55M | $72.24M | $89.18M | $87.33M | $90.13M | $72.00M | $88.01M | $85.26M | $89.15M | $533.84M | $86.56M | $93.38M | $95.95M | $422.00M | $239.04M | $335.00M | $378.24M | $333.60M | $394.55M | $414.11M | $381.14M | $229.96M | $389.50M | $369.82M | $302.02M | $-584.76M | $384.29M | $362.51M |
| Low Forecast | $86.53M | $84.69M | $87.25M | $69.61M | $85.94M | $84.16M | $86.85M | $68.96M | $84.97M | $85.15M | $89.15M | $355.89M | $85.25M | $91.15M | $92.47M | $281.34M | $159.36M | $335.00M | $378.24M | $222.40M | $394.55M | $414.11M | $381.14M | $153.31M | $389.50M | $369.82M | $302.02M | $-877.14M | $384.29M | $362.51M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.12% | -1.72% | 1.28% | 0.20% | 0.69% | 0.53% | 1.02% | 1.07% | 0.63% | 0.86% | 1.02% | 1.46% | 0.67% | 1.20% | 0.82% | 1.82% | 0.38% | -2.11% |
8 analysts predict NWL's average Quarter EBITDA for Sep 23 to be $92.40M, with a high of $93.38M and a low of $91.15M. This is -23.00% lower than Newell Brands's previous annual EBITDA (Jun 23) of $120.00M.
Newell Brands Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 10 | 10 | 10 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-86.00M | $-218.00M | $18.00M | $-102.00M | $-249.00M | $31.00M | $204.00M | $234.00M | $96.00M | $190.00M | $197.00M | $89.00M | $127.00M | $304.00M | $78.00M | $-1.28B | $793.80M | $-625.80M |
| Avg Forecast | $94.54M | $126.89M | $151.50M | $34.92M | $79.68M | $102.53M | $126.80M | $15.00M | $58.47M | $65.79M | $88.88M | $249.64M | $72.51M | $95.85M | $55.69M | $197.34M | $76.80M | $194.73M | $195.57M | $156.00M | $135.48M | $207.85M | $187.91M | $61.13M | $201.04M | $179.64M | $75.18M | $-703.45M | $156.52M | $231.13M |
| High Forecast | $97.39M | $130.72M | $156.07M | $35.98M | $82.09M | $105.62M | $130.62M | $37.49M | $60.24M | $65.82M | $89.02M | $299.56M | $81.05M | $116.69M | $57.37M | $236.81M | $92.16M | $194.73M | $195.57M | $187.20M | $135.48M | $207.85M | $187.91M | $73.36M | $201.04M | $179.64M | $75.18M | $-562.76M | $156.52M | $231.13M |
| Low Forecast | $92.82M | $124.58M | $148.74M | $34.29M | $78.23M | $100.66M | $124.49M | $7.50M | $54.30M | $65.76M | $88.75M | $199.71M | $68.25M | $87.51M | $54.68M | $157.87M | $61.44M | $194.73M | $195.57M | $124.80M | $135.48M | $207.85M | $187.91M | $48.91M | $201.04M | $179.64M | $75.18M | $-844.14M | $156.52M | $231.13M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -1.19% | -2.27% | 0.32% | -0.52% | -3.24% | 0.16% | 1.04% | 1.50% | 0.71% | 0.91% | 1.05% | 1.46% | 0.63% | 1.69% | 1.04% | 1.82% | 5.07% | -2.71% |
Newell Brands's average Quarter net income forecast for Sep 23 is $95.85M, with a range of $87.51M to $116.69M. NWL's average Quarter net income forecast represents a 432.50% increase compared to the company's last Quarter net income of $18.00M (Jun 23).
Newell Brands SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 10 | 10 | 10 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $544.00M | $501.00M | $476.00M | $480.00M | $544.00M | $467.00M | $504.00M | $518.00M | $607.00M | $561.00M | $572.00M | $534.00M | $608.00M | $545.00M | $488.00M | $548.00M | $709.00M | $607.70M |
| Avg Forecast | $462.45M | $452.59M | $466.30M | $372.03M | $459.27M | $449.74M | $464.15M | $372.51M | $452.31M | $448.99M | $469.75M | $552.61M | $453.81M | $486.88M | $494.15M | $436.85M | $485.60M | $516.12M | $582.72M | $345.33M | $607.86M | $637.99M | $587.20M | $366.79M | $600.08M | $569.76M | $465.30M | $301.40M | $592.06M | $558.50M |
| High Forecast | $473.18M | $463.10M | $477.12M | $380.66M | $469.92M | $460.17M | $474.91M | $379.37M | $463.73M | $449.29M | $469.75M | $663.13M | $456.10M | $492.03M | $505.62M | $524.22M | $582.72M | $516.12M | $582.72M | $414.40M | $607.86M | $637.99M | $587.20M | $440.15M | $600.08M | $569.76M | $465.30M | $361.68M | $592.06M | $558.50M |
| Low Forecast | $455.98M | $446.26M | $459.78M | $366.82M | $452.84M | $443.44M | $457.65M | $363.37M | $447.74M | $448.69M | $469.75M | $442.09M | $449.22M | $480.31M | $487.24M | $349.48M | $388.48M | $516.12M | $582.72M | $276.27M | $607.86M | $637.99M | $587.20M | $293.43M | $600.08M | $569.76M | $465.30M | $241.12M | $592.06M | $558.50M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.20% | 1.03% | 0.96% | 1.10% | 1.12% | 0.90% | 0.86% | 1.50% | 1.00% | 0.88% | 0.97% | 1.46% | 1.01% | 0.96% | 1.05% | 1.82% | 1.20% | 1.09% |
Newell Brands's average Quarter SG&A projection for Mar 24 is $552.61M, based on 3 Wall Street analysts, with a range of $442.09M to $663.13M. The forecast indicates a 1.58% rise compared to NWL last annual SG&A of $544.00M (Dec 23).
Newell Brands EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 10 | 10 | 10 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.21 | $-0.53 | $0.04 | $-0.25 | $-0.60 | $0.07 | $0.49 | $0.55 | $0.23 | $0.45 | $0.46 | $0.21 | $0.30 | $0.72 | $0.18 | $-3.02 | $1.88 | $-1.48 |
| Avg Forecast | $0.23 | $0.31 | $0.36 | $0.08 | $0.19 | $0.25 | $0.30 | $0.04 | $0.14 | $0.16 | $0.21 | $-0.07 | $0.17 | $0.23 | $0.13 | $-0.03 | $0.11 | $0.47 | $0.47 | $0.27 | $0.32 | $0.50 | $0.45 | $0.13 | $0.48 | $0.43 | $0.18 | $0.05 | $0.37 | $0.55 |
| High Forecast | $0.23 | $0.31 | $0.38 | $0.09 | $0.20 | $0.25 | $0.31 | $0.09 | $0.14 | $0.16 | $0.21 | $-0.07 | $0.19 | $0.28 | $0.14 | $-0.03 | $0.12 | $0.47 | $0.47 | $0.27 | $0.32 | $0.50 | $0.45 | $0.13 | $0.48 | $0.43 | $0.18 | $0.05 | $0.37 | $0.55 |
| Low Forecast | $0.22 | $0.30 | $0.36 | $0.08 | $0.19 | $0.24 | $0.30 | $0.02 | $0.13 | $0.16 | $0.21 | $-0.07 | $0.16 | $0.21 | $0.13 | $-0.03 | $0.11 | $0.47 | $0.47 | $0.27 | $0.32 | $0.50 | $0.45 | $0.13 | $0.48 | $0.43 | $0.18 | $0.05 | $0.37 | $0.55 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -1.20% | -2.30% | 0.32% | 7.40% | -5.25% | 0.15% | 1.05% | 2.04% | 0.71% | 0.91% | 1.02% | 1.56% | 0.62% | 1.68% | 1.00% | -55.01% | 5.02% | -2.68% |
According to 8 Wall Street analysts, Newell Brands's projected average Quarter EPS for Sep 23 is $0.23, with a low estimate of $0.21 and a high estimate of $0.28. This represents a 429.68% increase compared to NWL previous annual EPS of $0.04 (Jun 23).
Newell Brands Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EL | Estée Lauder Companies | $66.84 | $168.50 | 152.09% | Hold |
| NWL | Newell Brands | $8.94 | $16.14 | 80.54% | Hold |
| IPAR | Inter Parfums | $130.66 | $163.50 | 25.13% | Buy |
| ELF | e.l.f. Beauty | $122.47 | $143.18 | 16.91% | Buy |
| KMB | Kimberly-Clark | $137.03 | $144.64 | 5.55% | Hold |
| UL | Unilever | $57.63 | $59.00 | 2.38% | Buy |
| CHD | Church & Dwight | $112.25 | $112.12 | -0.12% | Hold |
| CL | Colgate-Palmolive Company | $94.25 | $93.65 | -0.64% | Buy |
| PG | Procter & Gamble Company | $172.75 | $160.09 | -7.33% | Buy |
| CLX | Clorox Company | $169.15 | $148.77 | -12.05% | Buy |