Ollie's Bargain Outlet (OLLI) Stock Forecast, Price Target & Predictions
OLLI Stock Forecast
Ollie's Bargain Outlet stock forecast is as follows: an average price target of $80.57 (represents a -18.62% downside from OLLI’s last price of $99.00) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.
OLLI Price Target
The average price target for Ollie's Bargain Outlet (OLLI) is $80.57 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $110.00 to $39.00. This represents a potential -18.62% downside from OLLI's last price of $99.00.
OLLI Analyst Ratings
According to 14 Wall Street analysts, Ollie's Bargain Outlet's rating consensus is 'Buy'. The analyst rating breakdown for OLLI stock is 0 'Strong Buy' (0.00%), 11 'Buy' (78.57%), 3 'Hold' (21.43%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Ollie's Bargain Outlet Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 30, 2024 | Steven Shemesh | RBC Capital | $100.00 | $86.90 | 15.07% | 1.01% |
| Aug 30, 2024 | Mark Carden | UBS | $99.00 | $86.90 | 13.92% | - |
| Aug 26, 2024 | Eric Cohen | Gordon Haskett Capital Corporation | $107.00 | $98.89 | 8.20% | 8.08% |
| Jul 12, 2024 | Scot Ciccarelli | Truist Financial | $109.00 | $101.05 | 7.87% | 10.10% |
| Jun 24, 2024 | Anthony Chukumba | Loop Capital Markets | $110.00 | $98.27 | 11.94% | 11.11% |
| Jun 06, 2024 | Jeremy Hamblin | Craig-Hallum | $105.00 | $89.83 | 16.89% | 6.06% |
| Jun 06, 2024 | Anthony Cukumba | Loop Capital Markets | $100.00 | $89.83 | 11.32% | 1.01% |
| Jun 06, 2024 | Scot Ciccarelli | Truist Financial | $102.00 | $89.83 | 13.55% | 3.03% |
| Jun 06, 2024 | Steven Shemesh | RBC Capital | $101.00 | $89.83 | 12.43% | 2.02% |
| Jun 05, 2024 | Randal Konik | Jefferies | $110.00 | $89.83 | 22.45% | 11.11% |
The latest Ollie's Bargain Outlet stock forecast, released on Aug 30, 2024 by Steven Shemesh from RBC Capital, set a price target of $100.00, which represents a 15.07% increase from the stock price at the time of the forecast ($86.90), and a 1.01% increase from OLLI last price ($99.00).
Ollie's Bargain Outlet Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 5 | 16 |
| Avg Price Target | $102.00 | $105.00 | $98.44 |
| Last Closing Price | $99.00 | $99.00 | $99.00 |
| Upside/Downside | 3.03% | 6.06% | -0.57% |
In the current month, the average price target of Ollie's Bargain Outlet stock is $102.00, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 3.03% increase as opposed to Ollie's Bargain Outlet's last price of $99.00. This month's average price target is down -2.86% compared to last quarter, and up 3.62% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 03, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Aug 30, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Aug 30, 2024 | UBS | Neutral | Neutral | Hold |
| Aug 26, 2024 | Ascendiant | - | Buy | Upgrade |
| Aug 26, 2024 | Wells Fargo | Buy | Buy | Hold |
| Aug 26, 2024 | UBS | Underperform | Underperform | Hold |
| Jul 12, 2024 | UBS | Underperform | Underperform | Hold |
| Jul 12, 2024 | Wells Fargo | Buy | Buy | Hold |
| Jun 25, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jun 17, 2024 | Wells Fargo | Buy | Buy | Hold |
Ollie's Bargain Outlet's last stock rating was published by Loop Capital Markets on Sep 03, 2024. The company gave OLLI a "Buy" rating, the same as its previous rate.
Ollie's Bargain Outlet Financial Forecast
Ollie's Bargain Outlet Revenue Forecast
| Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | $648.95M | - | - | - | - | - | - | - | - | - | - | - | - | - | $529.31M | $349.36M | $422.43M | $327.05M | $333.87M | $324.85M |
| Avg Forecast | $654.39M | $571.36M | $745.67M | $571.79M | $644.17M | $564.38M | $680.54M | $520.10M | $561.60M | $506.49M | $649.39M | $469.56M | $499.04M | $451.37M | $542.18M | $429.07M | $457.45M | $416.57M | $513.13M | $415.22M | $435.88M | $423.53M | $488.37M | $406.05M | $513.90M | $322.71M | $439.08M | $323.01M | $339.83M | $319.18M |
| High Forecast | $660.30M | $576.52M | $752.41M | $576.95M | $649.99M | $569.48M | $686.04M | $524.26M | $566.67M | $511.07M | $655.26M | $479.59M | $503.55M | $455.45M | $547.08M | $432.95M | $460.65M | $420.13M | $522.46M | $422.77M | $443.80M | $431.22M | $497.25M | $413.43M | $523.24M | $328.58M | $447.06M | $328.88M | $346.00M | $324.98M |
| Low Forecast | $648.58M | $566.29M | $739.06M | $566.71M | $638.45M | $559.38M | $675.46M | $517.34M | $556.61M | $502.00M | $643.63M | $462.69M | $494.61M | $447.36M | $537.37M | $425.27M | $453.37M | $412.53M | $503.88M | $407.74M | $428.02M | $415.89M | $479.57M | $398.73M | $504.64M | $316.90M | $431.17M | $317.19M | $333.70M | $313.43M |
| # Analysts | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 9 | 4 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 5 | 7 | 12 | 12 | 7 | 7 | 8 | 7 | 6 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.00% | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.08% | 0.96% | 1.01% | 0.98% | 1.02% |
Ollie's Bargain Outlet's average Quarter revenue forecast for May 24 based on 5 analysts is $506.49M, with a low forecast of $502.00M, and a high forecast of $511.07M. OLLI's average Quarter revenue forecast represents a -21.95% decrease compared to the company's last Quarter revenue of $648.95M (Feb 24).
Ollie's Bargain Outlet EBITDA Forecast
| Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 9 | 4 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 5 | 7 | 12 | 12 | 7 | 7 | 8 | 7 | 6 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | $108.99M | - | - | - | - | - | - | - | - | - | - | - | - | - | $97.66M | $48.48M | $69.68M | $40.54M | $35.75M | $45.19M |
| Avg Forecast | $83.58M | $72.98M | $95.24M | $73.03M | $82.28M | $72.09M | $86.92M | $66.43M | $71.73M | $84.90M | $82.95M | $59.98M | $63.74M | $77.18M | $69.25M | $71.19M | $58.43M | $53.21M | $46.66M | $56.28M | $56.30M | $77.82M | $55.92M | $52.55M | $66.50M | $70.39M | $37.21M | $41.80M | $43.00M | $64.74M |
| High Forecast | $84.34M | $73.64M | $96.10M | $73.69M | $83.02M | $72.74M | $87.63M | $66.96M | $72.38M | $101.88M | $83.70M | $61.26M | $64.32M | $92.62M | $69.88M | $85.43M | $58.84M | $53.66M | $55.99M | $67.53M | $67.56M | $93.39M | $67.10M | $53.50M | $67.71M | $84.46M | $44.65M | $42.56M | $51.60M | $77.69M |
| Low Forecast | $82.84M | $72.33M | $94.40M | $72.39M | $81.55M | $71.45M | $86.28M | $66.08M | $71.10M | $67.92M | $82.21M | $59.10M | $63.18M | $61.74M | $68.64M | $56.95M | $57.91M | $52.69M | $37.33M | $45.02M | $45.04M | $62.26M | $44.73M | $51.60M | $65.31M | $56.31M | $29.77M | $41.05M | $34.40M | $51.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.31% | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.47% | 0.69% | 1.87% | 0.97% | 0.83% | 0.70% |
5 analysts predict OLLI's average Quarter EBITDA for May 24 to be $84.90M, with a high of $101.88M and a low of $67.92M. This is -22.10% lower than Ollie's Bargain Outlet's previous annual EBITDA (Feb 24) of $108.99M.
Ollie's Bargain Outlet Net Income Forecast
| Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 9 | 4 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 5 | 7 | 12 | 12 | 7 | 7 | 8 | 7 | 6 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | $76.47M | - | - | - | - | - | - | - | - | - | - | - | - | - | $99.38M | $33.46M | $50.29M | $26.96M | $25.17M | $38.72M |
| Avg Forecast | $54.93M | $49.38M | $82.63M | $39.96M | $55.94M | $49.06M | $73.57M | $35.18M | $48.41M | $59.41M | $71.30M | $27.65M | $37.73M | $54.01M | $48.77M | $47.23M | $20.48M | $18.88M | $29.60M | $37.33M | $40.32M | $55.53M | $39.74M | $35.79M | $56.02M | $50.96M | $24.83M | $23.39M | $36.96M | $49.18M |
| High Forecast | $55.58M | $49.96M | $83.60M | $40.43M | $56.60M | $49.63M | $74.18M | $36.41M | $48.98M | $71.29M | $72.14M | $29.50M | $38.17M | $64.81M | $49.35M | $56.67M | $20.66M | $19.09M | $35.52M | $44.80M | $48.38M | $66.64M | $47.69M | $36.63M | $57.34M | $61.15M | $29.79M | $23.95M | $44.35M | $59.02M |
| Low Forecast | $54.30M | $48.81M | $81.68M | $39.50M | $55.29M | $48.49M | $71.11M | $33.33M | $47.85M | $47.53M | $70.48M | $25.81M | $37.30M | $43.21M | $48.21M | $37.78M | $20.24M | $18.65M | $23.68M | $29.87M | $32.26M | $44.43M | $31.79M | $34.95M | $54.71M | $40.77M | $19.86M | $22.84M | $29.57M | $39.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.07% | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.77% | 0.66% | 2.03% | 1.15% | 0.68% | 0.79% |
Ollie's Bargain Outlet's average Quarter net income forecast for May 24 is $59.41M, with a range of $47.53M to $71.29M. OLLI's average Quarter net income forecast represents a -22.32% decrease compared to the company's last Quarter net income of $76.47M (Feb 24).
Ollie's Bargain Outlet SG&A Forecast
| Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 9 | 4 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 5 | 7 | 12 | 12 | 7 | 7 | 8 | 7 | 6 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | $156.10M | - | - | - | - | - | - | - | - | - | - | - | - | - | $109.15M | $89.72M | $94.90M | $90.48M | $87.35M | $83.33M |
| Avg Forecast | $166.98M | $145.80M | $190.28M | $145.91M | $164.38M | $144.02M | $173.66M | $132.72M | $143.31M | $158.17M | $165.71M | $119.82M | $127.34M | $143.79M | $138.35M | $151.52M | $116.73M | $106.30M | $145.59M | $119.78M | $76.21M | $98.07M | $99.99M | $102.34M | $129.53M | $102.30M | $89.85M | $81.41M | $87.77M | $93.51M |
| High Forecast | $168.49M | $147.11M | $192.00M | $147.22M | $165.86M | $145.32M | $175.06M | $133.78M | $144.60M | $189.80M | $167.21M | $122.38M | $128.49M | $172.54M | $139.60M | $181.82M | $117.55M | $107.21M | $174.71M | $143.73M | $91.45M | $117.68M | $119.99M | $104.20M | $131.88M | $122.76M | $107.82M | $82.89M | $105.32M | $112.21M |
| Low Forecast | $165.50M | $144.50M | $188.59M | $144.61M | $162.92M | $142.74M | $172.36M | $132.01M | $142.03M | $126.53M | $164.24M | $118.07M | $126.21M | $115.03M | $137.12M | $121.22M | $115.69M | $105.27M | $116.47M | $95.82M | $60.97M | $78.46M | $79.99M | $100.50M | $127.19M | $81.84M | $71.88M | $79.95M | $70.22M | $74.81M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.94% | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 0.88% | 1.06% | 1.11% | 1.00% | 0.89% |
Ollie's Bargain Outlet's average Quarter SG&A projection for May 24 is $158.17M, based on 5 Wall Street analysts, with a range of $126.53M to $189.80M. The forecast indicates a 1.33% rise compared to OLLI last annual SG&A of $156.10M (Feb 24).
Ollie's Bargain Outlet EPS Forecast
| Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 9 | 4 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 5 | 7 | 12 | 12 | 7 | 7 | 8 | 7 | 6 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | $1.24 | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.53 | $0.53 | $0.80 | $0.43 | $0.40 | $0.61 |
| Avg Forecast | $0.89 | $0.80 | $1.34 | $0.65 | $0.91 | $0.79 | $1.19 | $0.57 | $0.78 | $0.65 | $1.16 | $0.45 | $0.61 | $0.47 | $0.79 | $0.40 | $0.33 | $0.30 | $0.66 | $0.47 | $0.55 | $0.63 | $0.85 | $0.58 | $0.90 | $0.33 | $0.75 | $0.38 | $0.46 | $0.44 |
| High Forecast | $0.90 | $0.81 | $1.35 | $0.66 | $0.92 | $0.80 | $1.20 | $0.59 | $0.79 | $0.66 | $1.17 | $0.48 | $0.62 | $0.48 | $0.80 | $0.41 | $0.33 | $0.31 | $0.67 | $0.48 | $0.57 | $0.64 | $0.87 | $0.59 | $0.93 | $0.33 | $0.77 | $0.39 | $0.47 | $0.45 |
| Low Forecast | $0.88 | $0.79 | $1.32 | $0.64 | $0.90 | $0.79 | $1.15 | $0.54 | $0.78 | $0.65 | $1.14 | $0.42 | $0.60 | $0.47 | $0.78 | $0.40 | $0.33 | $0.30 | $0.64 | $0.46 | $0.54 | $0.61 | $0.83 | $0.56 | $0.88 | $0.32 | $0.73 | $0.37 | $0.45 | $0.43 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.07% | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.69% | 1.63% | 1.07% | 1.14% | 0.87% | 1.39% |
According to 5 Wall Street analysts, Ollie's Bargain Outlet's projected average Quarter EPS for May 24 is $0.65, with a low estimate of $0.65 and a high estimate of $0.66. This represents a -47.36% decrease compared to OLLI previous annual EPS of $1.24 (Feb 24).
Ollie's Bargain Outlet Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BIG | Big Lots | $0.50 | $12.50 | 2400.00% | Hold |
| DG | Dollar General | $86.01 | $153.42 | 78.37% | Buy |
| DLTR | Dollar Tree | $73.50 | $116.00 | 57.82% | Buy |
| WMT | Walmart | $78.60 | $108.78 | 38.40% | Buy |
| TGT | Target | $151.96 | $178.28 | 17.32% | Buy |
| BJ | BJ's Wholesale Club | $79.86 | $71.64 | -10.29% | Hold |
| COST | Costco Wholesale | $897.27 | $755.17 | -15.84% | Buy |
| OLLI | Ollie's Bargain Outlet | $99.00 | $80.57 | -18.62% | Buy |
OLLI Forecast FAQ
Is Ollie's Bargain Outlet a good buy?
Yes, according to 14 Wall Street analysts, Ollie's Bargain Outlet (OLLI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 11 'Buy' recommendations, accounting for 78.57% of OLLI's total ratings.
What is OLLI's price target?
Ollie's Bargain Outlet (OLLI) average price target is $80.57 with a range of $39 to $110, implying a -18.62% from its last price of $99. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Ollie's Bargain Outlet stock go up soon?
According to Wall Street analysts' prediction for OLLI stock, the company can go down by -18.62% (from the last price of $99 to the average price target of $80.57), up by 11.11% based on the highest stock price target, and down by -60.61% based on the lowest stock price target.
Can Ollie's Bargain Outlet stock reach $150?
OLLI's average twelve months analyst stock price target of $80.57 does not support the claim that Ollie's Bargain Outlet can reach $150 in the near future.
What is Ollie's Bargain Outlet's current price target trend?
3 Wall Street analysts forecast a $102 price target for Ollie's Bargain Outlet (OLLI) this month, up 3.03% from its last price of $99. Compared to the last 3 and 12 months, the average price target increased by 6.06% and decreased by -0.57%, respectively.
What are Ollie's Bargain Outlet's analysts' financial forecasts?
Ollie's Bargain Outlet's analysts financial forecasts for the fiscal year (Feb 2025) are as follows: average revenue is $2.27B (high $2.29B, low $2.25B), average EBITDA is $309.99M (high $328.85M, low $291.37M), average net income is $216.56M (high $230.86M, low $199.82M), average SG&A $607.85M (high $643.24M, low $572.94M), and average EPS is $3.2 (high $3.25, low $3.11). OLLI's analysts financial forecasts for the fiscal year (Feb 2026) are as follows: average revenue is $2.53B (high $2.55B, low $2.5B), average EBITDA is $322.64M (high $325.56M, low $319.78M), average net income is $227.59M (high $230.26M, low $224.96M), average SG&A $644.58M (high $650.4M, low $638.86M), and average EPS is $3.69 (high $3.73, low $3.64).
Did the OLLI's actual financial results beat the analysts' financial forecasts?
Based on Ollie's Bargain Outlet's last annual report (Feb 2024), the company's revenue was $2.1B, beating the average analysts forecast of $2.07B by 1.61%. Apple's EBITDA was $276.99M, missing the average prediction of $283.84M by -2.41%. The company's net income was $181.44M, missing the average estimation of $190.69M by -4.85%. Apple's SG&A was $562.67M, beating the average forecast of $556.66M by 1.08%. Lastly, the company's EPS was $2.94, beating the average prediction of $2.69 by 9.31%. In terms of the last quarterly report (Feb 2024), Ollie's Bargain Outlet's revenue was $648.95M, missing the average analysts' forecast of $649.39M by -0.07%. The company's EBITDA was $108.99M, beating the average prediction of $82.95M by 31.40%. Ollie's Bargain Outlet's net income was $76.48M, beating the average estimation of $71.3M by 7.26%. The company's SG&A was $156.1M, missing the average forecast of $165.71M by -5.80%. Lastly, the company's EPS was $1.24, beating the average prediction of $1.16 by 7.34%