PetIQ (PETQ) Stock Forecast, Price Target & Predictions


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PETQ Stock Forecast


PetIQ stock forecast is as follows: an average price target of $31.00 (represents a 0.06% upside from PETQ’s last price of $30.98) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.

PETQ Price Target


The average price target for PetIQ (PETQ) is $31.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $31.00 to $31.00. This represents a potential 0.06% upside from PETQ's last price of $30.98.

PETQ Analyst Ratings


Buy

According to 3 Wall Street analysts, PetIQ's rating consensus is 'Buy'. The analyst rating breakdown for PETQ stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

PetIQ Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 08, 2024Bill ChappellTruist Financial$31.00$30.421.91%0.06%
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The latest PetIQ stock forecast, released on Aug 08, 2024 by Bill Chappell from Truist Financial, set a price target of $31.00, which represents a 1.91% increase from the stock price at the time of the forecast ($30.42), and a 0.06% increase from PETQ last price ($30.98).

PetIQ Price Target by Period


1M3M12M
# Anlaysts-11
Avg Price Target-$31.00$31.00
Last Closing Price$30.98$30.98$30.98
Upside/Downside-100.00%0.06%0.06%

In the current month, the average price target of PetIQ stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to PetIQ's last price of $30.98. 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
Aug 07, 2024William Blair-Market PerformDowngrade
Oct 25, 2022Raymond JamesOutperformOutperformHold
Nov 30, 2021Benchmark-BuyInitialise
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PetIQ's last stock rating was published by William Blair on Aug 07, 2024. The company Downgrade its PETQ rating from "null" to "Market Perform".

PetIQ Financial Forecast


PetIQ Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$219.93K$277.02M$314.55K$290.47M$184.08M$209.72M$252.01M$275.69M$196.64M$210.53M$271.01M$254.35M$164.21M$162.08M$266.98M$186.78M$154.34M$186.03M
Avg Forecast$268.41M$328.84M$373.30M$343.10M$251.43M$309.19M$342.10M$320.78M$233.38M$289.65M$330.14M$300.43M$189.04M$229.06M$273.77M$277.15M$192.48M$204.33M$259.40M$269.45M$173.35M$196.82M$304.60M$210.19M$146.08M$166.28M$251.50M$176.94M$130.28M$173.26M
High Forecast$268.41M$328.84M$373.30M$343.10M$251.43M$309.19M$342.10M$320.78M$233.38M$290.33M$330.14M$300.43M$191.83M$229.06M$273.77M$277.15M$192.48M$204.33M$259.40M$269.45M$173.35M$196.82M$304.60M$210.19M$146.08M$166.28M$251.50M$176.94M$130.28M$173.26M
Low Forecast$268.41M$328.84M$373.30M$343.10M$251.43M$309.19M$342.10M$320.78M$233.38M$288.96M$330.13M$300.43M$187.35M$229.06M$273.77M$277.15M$192.48M$204.33M$259.40M$269.45M$173.35M$196.82M$304.60M$210.19M$146.08M$166.28M$251.50M$176.94M$130.28M$173.26M
# Analysts11111111121454443333444491599168
Surprise %------------0.00%1.21%0.00%1.05%0.96%1.03%0.97%1.02%1.13%1.07%0.89%1.21%1.12%0.97%1.06%1.06%1.18%1.07%

PetIQ's average Quarter revenue forecast for Mar 24 based on 4 analysts is $300.43M, with a low forecast of $300.43M, and a high forecast of $300.43M. PETQ's average Quarter revenue forecast represents a 136503.97% increase compared to the company's last Quarter revenue of $219.93K (Dec 23).

PetIQ EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111121454443333444491599168
EBITDA------------$-9.94K$9.36M$18.72K$27.42M$1.64M$13.52M$20.27M$18.37M$5.92M$7.11M$19.53M$19.33M$7.57M$7.08M$10.46M$6.90M$-4.30M$3.50M
Avg Forecast$15.56M$19.07M$21.65M$19.90M$14.58M$17.93M$19.84M$18.60M$13.53M$16.80M$19.14M$16.74M$10.96M$13.28M$15.88M$15.21M$9.57M$11.85M$15.04M$13.83M$10.05M$11.41M$17.66M$15.19M$8.47M$9.64M$14.58M$5.18M$7.55M$10.05M
High Forecast$15.56M$19.07M$21.65M$19.90M$14.58M$17.93M$19.84M$18.60M$13.53M$16.84M$19.14M$20.08M$11.12M$13.28M$15.88M$18.26M$11.49M$11.85M$15.04M$16.60M$10.05M$11.41M$17.66M$18.22M$8.47M$9.64M$14.58M$6.21M$7.55M$10.05M
Low Forecast$15.56M$19.07M$21.65M$19.90M$14.58M$17.93M$19.84M$18.60M$13.53M$16.76M$19.14M$13.39M$10.86M$13.28M$15.88M$12.17M$7.66M$11.85M$15.04M$11.07M$10.05M$11.41M$17.66M$12.15M$8.47M$9.64M$14.58M$4.14M$7.55M$10.05M
Surprise %-------------0.00%0.70%0.00%1.80%0.17%1.14%1.35%1.33%0.59%0.62%1.11%1.27%0.89%0.73%0.72%1.33%-0.57%0.35%

5 analysts predict PETQ's average Quarter EBITDA for Dec 23 to be $10.96M, with a high of $11.12M and a low of $10.86M. This is 17.18% upper than PetIQ's previous annual EBITDA (Sep 23) of $9.36M.

PetIQ Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111121454443333444491599168
Net Income------------$-17.49K$451.00K$9.47K$9.70M$-6.89M$-49.57M$4.63M$3.13M$-14.47M$-7.90M$4.03M$2.03M$-10.42M$-63.06M$-1.89M$-2.10M$-10.99M$-5.89M
Avg Forecast$5.96M$20.38M$26.44M$24.84M$6.99M$15.72M$19.92M$25.86M$1.75M$17.12M$17.63M$2.86M$-11.02M$583.50K$9.08M$2.60M$-13.18M$2.03M$11.74M$2.36M$628.92K$3.14M$25.62M$1.60M$-3.61M$5.53M$15.84M$-1.58M$1.92M$12.37M
High Forecast$5.96M$20.38M$26.44M$24.84M$6.99M$15.72M$19.92M$25.86M$1.75M$17.12M$17.64M$3.43M$-7.60M$588.74K$9.08M$3.12M$-10.54M$2.03M$11.74M$2.83M$628.92K$3.14M$25.62M$1.92M$-3.61M$5.53M$15.84M$-1.26M$1.92M$12.37M
Low Forecast$5.96M$20.38M$26.44M$24.84M$6.99M$15.72M$19.92M$25.86M$1.75M$17.12M$17.62M$2.29M$-15.58M$578.26K$9.08M$2.08M$-15.82M$2.03M$11.74M$1.89M$628.92K$3.14M$25.62M$1.28M$-3.61M$5.53M$15.84M$-1.89M$1.92M$12.37M
Surprise %------------0.00%0.77%0.00%3.73%0.52%-24.46%0.39%1.33%-23.02%-2.51%0.16%1.27%2.89%-11.40%-0.12%1.33%-5.72%-0.48%

PetIQ's average Quarter net income forecast for Dec 23 is $-11.02M, with a range of $-15.58M to $-7.60M. PETQ's average Quarter net income forecast represents a -2543.48% decrease compared to the company's last Quarter net income of $451.00K (Sep 23).

PetIQ SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111121454443333444491599168
SG&A------------$42.73K$55.02M$55.16K$43.33M$37.75M$45.98M$50.59M$48.24M$41.45M$45.25M$43.14M$40.67M$32.63M$35.56M$38.49M$31.69M$28.87M$29.34M
Avg Forecast$47.12M$57.73M$65.53M$60.23M$44.14M$54.28M$60.05M$56.31M$40.97M$50.85M$57.95M$44.02M$33.18M$40.21M$48.06M$40.02M$41.28M$35.87M$45.54M$36.38M$30.43M$34.55M$53.47M$31.96M$25.64M$29.19M$44.15M$23.77M$22.87M$30.42M
High Forecast$47.12M$57.73M$65.53M$60.23M$44.14M$54.28M$60.05M$56.31M$40.97M$50.97M$57.95M$52.82M$33.67M$40.21M$48.06M$48.02M$49.53M$35.87M$45.54M$43.66M$30.43M$34.55M$53.47M$38.35M$25.64M$29.19M$44.15M$28.52M$22.87M$30.42M
Low Forecast$47.12M$57.73M$65.53M$60.23M$44.14M$54.28M$60.05M$56.31M$40.97M$50.73M$57.95M$35.22M$32.89M$40.21M$48.06M$32.01M$33.02M$35.87M$45.54M$29.10M$30.43M$34.55M$53.47M$25.57M$25.64M$29.19M$44.15M$19.01M$22.87M$30.42M
Surprise %------------0.00%1.37%0.00%1.08%0.91%1.28%1.11%1.33%1.36%1.31%0.81%1.27%1.27%1.22%0.87%1.33%1.26%0.96%

PetIQ's average Quarter SG&A projection for Mar 24 is $44.02M, based on 4 Wall Street analysts, with a range of $35.22M to $52.82M. The forecast indicates a 102920.93% rise compared to PETQ last annual SG&A of $42.73K (Dec 23).

PetIQ EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111121454443333444491599168
EPS------------$-0.60$0.02$0.32$0.33$-0.24$-1.70$0.16$0.11$-0.50$-0.27$0.14$0.08$-0.41$-2.53$-0.08$-0.09$-0.47$-0.26
Avg Forecast$0.17$0.58$0.76$0.71$0.20$0.45$0.57$0.74$0.05$0.49$0.50$0.43$-0.32$0.02$0.26$0.35$-0.09$0.06$0.34$0.37$0.02$0.09$0.73$0.14$-0.10$0.16$0.45$0.16$0.06$0.35
High Forecast$0.17$0.58$0.76$0.71$0.20$0.45$0.57$0.74$0.05$0.49$0.50$0.43$-0.22$0.02$0.26$0.35$-0.09$0.06$0.34$0.37$0.02$0.09$0.73$0.14$-0.10$0.16$0.45$0.16$0.06$0.35
Low Forecast$0.17$0.58$0.76$0.71$0.20$0.45$0.57$0.74$0.05$0.49$0.50$0.43$-0.45$0.02$0.26$0.35$-0.09$0.06$0.34$0.37$0.02$0.09$0.73$0.14$-0.10$0.16$0.45$0.16$0.06$0.35
Surprise %------------1.90%0.93%1.23%0.95%2.55%-29.31%0.48%0.30%-27.78%-3.00%0.19%0.56%3.97%-15.98%-0.18%-0.56%-8.55%-0.73%

According to 5 Wall Street analysts, PetIQ's projected average Quarter EPS for Dec 23 is $-0.32, with a low estimate of $-0.45 and a high estimate of $-0.22. This represents a -2134.84% decrease compared to PETQ previous annual EPS of $0.02 (Sep 23).

PetIQ Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
EBSEmergent BioSolutions$8.77$51.50487.23%Buy
PCRXPacira BioSciences$16.45$40.00143.16%Hold
EVOEvotec SE$4.40$8.0081.82%Buy
ANIPANI Pharmaceuticals$56.01$79.0041.05%Buy
ZTSZoetis$175.18$227.7129.99%Buy
COLLCollegium Pharmaceutical$32.72$41.5026.83%Buy
NBIXNeurocrine Biosciences$120.53$147.7022.54%Buy
PBHPrestige Consumer Healthcare$73.79$82.0011.13%Buy
SUPNSupernus Pharmaceuticals$34.70$38.009.51%Buy
BHCBausch Health Companies$9.26$10.007.99%Hold
DCPHDeciphera Pharmaceuticals$25.59$26.322.85%Hold
PETQPetIQ$30.98$31.000.06%Buy
PAHCPhibro Animal Health$22.37$18.67-16.54%Buy

PETQ Forecast FAQ


Yes, according to 3 Wall Street analysts, PetIQ (PETQ) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of PETQ's total ratings.

PetIQ (PETQ) average price target is $31 with a range of $31 to $31, implying a 0.06% from its last price of $30.98. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for PETQ stock, the company can go up by 0.06% (from the last price of $30.98 to the average price target of $31), up by 0.06% based on the highest stock price target, and up by 0.06% based on the lowest stock price target.

PETQ's average twelve months analyst stock price target of $31 does not support the claim that PetIQ can reach $50 in the near future.

PetIQ's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.22B (high $1.22B, low $1.22B), average EBITDA is $70.95M (high $70.95M, low $70.95M), average net income is $68.48M (high $68.48M, low $68.48M), average SG&A $214.78M (high $214.78M, low $214.78M), and average EPS is $1.96 (high $1.96, low $1.96). PETQ's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.31B (high $1.31B, low $1.31B), average EBITDA is $76.18M (high $76.18M, low $76.18M), average net income is $77.62M (high $77.62M, low $77.62M), average SG&A $230.6M (high $230.6M, low $230.6M), and average EPS is $2.22 (high $2.22, low $2.22).

Based on PetIQ's last annual report (Dec 2023), the company's revenue was $1.1M, which missed the average analysts forecast of $969.02M by -99.89%. Apple's EBITDA was $37.07K, missing the average prediction of $55.33M by -99.93%. The company's net income was $2.13K, missing the average estimation of $1.25M by -99.83%. Apple's SG&A was $196.24K, missing the average forecast of $161.47M by -99.88%. Lastly, the company's EPS was $0.0722, missing the average prediction of $0.309 by -76.62%. In terms of the last quarterly report (Dec 2023), PetIQ's revenue was $219.93K, missing the average analysts' forecast of $189.04M by -99.88%. The company's EBITDA was $-9.935K, missing the average prediction of $10.96M by -100.09%. PetIQ's net income was $-17.487K, missing the average estimation of $-11.02M by -99.84%. The company's SG&A was $42.73K, missing the average forecast of $33.18M by -99.87%. Lastly, the company's EPS was $-0.6, beating the average prediction of $-0.315 by 90.23%