PetMed Express (PETS) Stock Forecast, Price Target & Predictions


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PETS Stock Forecast


PetMed Express stock forecast is as follows: an average price target of $11.00 (represents a 162.53% upside from PETS’s last price of $4.19) and a rating consensus of 'Hold', based on 2 wall street analysts offering a 1-year stock forecast.

PETS Price Target


The average price target for PetMed Express (PETS) is $11.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $19.00 to $7.00. This represents a potential 162.53% upside from PETS's last price of $4.19.

PETS Analyst Ratings


Hold

According to 2 Wall Street analysts, PetMed Express's rating consensus is 'Hold'. The analyst rating breakdown for PETS stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (50.00%), 1 'Sell' (50.00%), and 0 'Strong Sell' (0.00%).

PetMed Express Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 12, 2024Ryan MeyersLake Street$7.00$4.1369.29%67.06%
Jun 12, 2024Ryan MeyersLoop Capital Markets$7.00$4.1369.70%67.06%
Jul 26, 2022-Morgan Stanley$19.00$20.25-6.17%353.46%
May 10, 2022-Morgan Stanley$20.00$22.22-9.99%377.33%
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The latest PetMed Express stock forecast, released on Jun 12, 2024 by Ryan Meyers from Lake Street, set a price target of $7.00, which represents a 69.29% increase from the stock price at the time of the forecast ($4.13), and a 67.06% increase from PETS last price ($4.19).

PetMed Express Price Target by Period


1M3M12M
# Anlaysts--2
Avg Price Target--$7.00
Last Closing Price$4.19$4.19$4.19
Upside/Downside-100.00%-100.00%67.06%

In the current month, the average price target of PetMed Express stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to PetMed Express's last price of $4.19. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 07, 2024Lake StreetBuyHoldDowngrade
Jun 12, 2024Lake StreetBuyBuyHold
Jul 26, 2022Morgan StanleyUnderweightUnderweightHold
May 10, 2022Morgan StanleyUnderweightUnderweightHold
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PetMed Express's last stock rating was published by Lake Street on Aug 07, 2024. The company Downgrade its PETS rating from "Buy" to "Hold".

PetMed Express Financial Forecast


PetMed Express Revenue Forecast

Mar 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 19Jun 19Mar 19Mar 18
Revenue----------$121.94M$78.24M$62.41M$58.87M$65.39M$70.19M$66.00M$60.72M$67.39M$79.31M$71.68M$65.90M$75.44M$96.20M$74.29M$59.91M$69.94M$79.99M$64.56M$67.32M
Avg Forecast$68.20M$65.70M$66.70M$68.60M$67.50M$65.00M$66.00M$75.00M$65.00M$65.00M$76.00M$79.95M$65.75M$62.03M$65.40M$78.25M$68.25M$64.11M$70.96M$87.73M$76.39M$64.29M$77.90M$88.32M$66.24M$61.45M$69.65M$85.83M$69.06M$63.28M
High Forecast$68.20M$65.70M$66.70M$68.60M$67.50M$65.00M$66.00M$75.00M$65.00M$65.00M$76.00M$79.95M$65.75M$62.03M$65.40M$78.25M$68.25M$64.11M$70.96M$87.73M$76.39M$64.29M$77.90M$88.32M$66.24M$61.45M$69.65M$85.83M$69.06M$75.94M
Low Forecast$68.20M$65.70M$66.70M$68.60M$67.50M$65.00M$66.00M$75.00M$65.00M$65.00M$76.00M$79.95M$65.75M$62.03M$65.40M$78.25M$68.25M$64.11M$70.96M$87.73M$76.39M$64.29M$77.90M$88.32M$66.24M$61.45M$69.65M$85.83M$69.06M$50.62M
# Analysts111111111111111111111464474379
Surprise %----------1.60%0.98%0.95%0.95%1.00%0.90%0.97%0.95%0.95%0.90%0.94%1.02%0.97%1.09%1.12%0.98%1.00%0.93%0.93%1.06%

PetMed Express's average Quarter revenue forecast for Dec 23 based on 1 analysts is $65.00M, with a low forecast of $65.00M, and a high forecast of $65.00M. PETS's average Quarter revenue forecast represents a -46.69% decrease compared to the company's last Quarter revenue of $121.94M (Sep 23).

PetMed Express EBITDA Forecast

Mar 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 19Jun 19Mar 19Mar 18
# Analysts111111111111111111111464474379
EBITDA----------$2.10M$-450.00K$-6.12M$172.00K$3.82M$4.24M$7.74M$6.23M$9.03M$6.43M$9.48M$10.33M$11.48M$10.34M$9.68M$9.22M$9.71M$7.55M$9.17M$15.02M
Avg Forecast$4.90M$4.72M$4.79M$4.93M$4.85M$4.67M$4.74M$5.38M$9.67M$4.67M$5.46M$5.74M$8.79M$8.91M$4.70M$5.62M$6.95M$4.60M$5.10M$6.30M$10.91M$4.62M$5.59M$6.34M$7.67M$4.41M$5.00M$6.16M$11.96M$14.06M
High Forecast$4.90M$4.72M$4.79M$4.93M$4.85M$4.67M$4.74M$5.38M$11.60M$4.67M$5.46M$5.74M$10.55M$10.69M$4.70M$5.62M$8.34M$4.60M$5.10M$6.30M$13.09M$4.62M$5.59M$6.34M$9.21M$4.41M$5.00M$6.16M$14.35M$16.87M
Low Forecast$4.90M$4.72M$4.79M$4.93M$4.85M$4.67M$4.74M$5.38M$7.74M$4.67M$5.46M$5.74M$7.03M$7.12M$4.70M$5.62M$5.56M$4.60M$5.10M$6.30M$8.73M$4.62M$5.59M$6.34M$6.14M$4.41M$5.00M$6.16M$9.57M$11.25M
Surprise %----------0.38%-0.08%-0.70%0.02%0.81%0.76%1.11%1.35%1.77%1.02%0.87%2.24%2.05%1.63%1.26%2.09%1.94%1.23%0.77%1.07%

1 analysts predict PETS's average Quarter EBITDA for Dec 23 to be $4.67M, with a high of $4.67M and a low of $4.67M. This is 122.66% upper than PetMed Express's previous annual EBITDA (Sep 23) of $2.10M.

PetMed Express Net Income Forecast

Mar 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 19Jun 19Mar 19Mar 18
# Analysts111111111111111111111464474379
Net Income----------$-70.00K$-887.00K$-5.10M$-19.00K$2.58M$2.77M$6.07M$4.26M$6.35M$4.43M$6.81M$7.61M$8.41M$7.77M$7.00M$6.84M$6.67M$5.34M$6.62M$10.18M
Avg Forecast$418.83K$-942.37K$-523.54K$-837.66K$-523.54K$-209.41K$-1.15M$-1.88M$7.14M$-209.41K$1.78M$1.54M$6.49M$6.09M$5.24M$5.31M$5.13M$6.28M$7.26M$7.75M$7.83M$8.10M$8.49M$8.10M$5.55M$6.28M$5.44M$8.87M$8.63M$9.53M
High Forecast$418.83K$-942.37K$-523.54K$-837.66K$-523.54K$-209.41K$-1.15M$-1.88M$8.57M$-209.41K$1.78M$1.54M$7.79M$7.31M$5.24M$5.31M$6.16M$6.28M$7.26M$7.75M$9.40M$8.10M$8.49M$8.10M$6.66M$6.28M$5.44M$8.87M$10.36M$11.44M
Low Forecast$418.83K$-942.37K$-523.54K$-837.66K$-523.54K$-209.41K$-1.15M$-1.88M$5.71M$-209.41K$1.78M$1.54M$5.19M$4.87M$5.24M$5.31M$4.11M$6.28M$7.26M$7.75M$6.27M$8.10M$8.49M$8.10M$4.44M$6.28M$5.44M$8.87M$6.91M$7.63M
Surprise %-----------0.04%-0.58%-0.79%-0.00%0.49%0.52%1.18%0.68%0.87%0.57%0.87%0.94%0.99%0.96%1.26%1.09%1.22%0.60%0.77%1.07%

PetMed Express's average Quarter net income forecast for Dec 22 is $6.09M, with a range of $4.87M to $7.31M. PETS's average Quarter net income forecast represents a 136.04% increase compared to the company's last Quarter net income of $2.58M (Sep 22).

PetMed Express SG&A Forecast

Mar 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 19Jun 19Mar 19Mar 18
# Analysts111111111111111111111464474379
SG&A----------$18.79M$22.98M$23.50M$15.07M$14.63M$15.70M$11.65M$11.87M$10.39M$15.71M$11.50M$9.71M$11.94M$16.79M$12.62M$9.20M$11.06M$15.13M$12.36M$10.38M
Avg Forecast$14.45M$13.92M$14.14M$14.54M$14.31M$13.78M$13.99M$15.90M$13.72M$13.78M$16.11M$16.94M$12.47M$16.97M$13.86M$16.58M$9.86M$13.59M$15.04M$18.59M$13.22M$13.63M$16.51M$18.72M$10.01M$13.02M$14.76M$18.19M$16.12M$9.72M
High Forecast$14.45M$13.92M$14.14M$14.54M$14.31M$13.78M$13.99M$15.90M$16.46M$13.78M$16.11M$16.94M$14.97M$20.37M$13.86M$16.58M$11.83M$13.59M$15.04M$18.59M$15.87M$13.63M$16.51M$18.72M$12.01M$13.02M$14.76M$18.19M$19.35M$11.66M
Low Forecast$14.45M$13.92M$14.14M$14.54M$14.31M$13.78M$13.99M$15.90M$10.98M$13.78M$16.11M$16.94M$9.98M$13.58M$13.86M$16.58M$7.89M$13.59M$15.04M$18.59M$10.58M$13.63M$16.51M$18.72M$8.01M$13.02M$14.76M$18.19M$12.90M$7.77M
Surprise %----------1.17%1.36%1.88%0.89%1.06%0.95%1.18%0.87%0.69%0.85%0.87%0.71%0.72%0.90%1.26%0.71%0.75%0.83%0.77%1.07%

PetMed Express's average Quarter SG&A projection for Dec 23 is $13.78M, based on 1 Wall Street analysts, with a range of $13.78M to $13.78M. The forecast indicates a -26.68% fall compared to PETS last annual SG&A of $18.79M (Sep 23).

PetMed Express EPS Forecast

Mar 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 19Jun 19Mar 19Mar 18
# Analysts111111111111111111111464474379
EPS----------$-0.00$-0.04$-0.25$-0.00$0.13$0.14$0.30$0.21$0.31$0.22$0.34$0.38$0.42$0.39$0.35$0.34$0.33$0.26$0.32$0.50
Avg Forecast$0.02$-0.04$-0.03$-0.04$-0.03$-0.01$-0.06$-0.09$-0.07$-0.01$0.09$0.07$0.14$0.20$0.25$0.25$0.27$0.30$0.35$0.37$0.41$0.39$0.41$0.39$0.29$0.30$0.26$0.42$0.46$0.44
High Forecast$0.02$-0.04$-0.03$-0.04$-0.03$-0.01$-0.06$-0.09$-0.07$-0.01$0.09$0.07$0.14$0.20$0.25$0.25$0.27$0.30$0.35$0.37$0.41$0.39$0.41$0.39$0.29$0.30$0.26$0.42$0.46$0.53
Low Forecast$0.02$-0.04$-0.03$-0.04$-0.03$-0.01$-0.06$-0.09$-0.07$-0.01$0.09$0.07$0.14$0.20$0.25$0.25$0.27$0.30$0.35$0.37$0.41$0.39$0.41$0.39$0.29$0.30$0.26$0.42$0.46$0.35
Surprise %-----------0.04%-0.59%-1.83%-0.00%0.52%0.55%1.11%0.70%0.89%0.59%0.83%0.98%1.04%1.01%1.20%1.13%1.27%0.61%0.69%1.14%

According to 1 Wall Street analysts, PetMed Express's projected average Quarter EPS for Dec 22 is $0.20, with a low estimate of $0.20 and a high estimate of $0.20. This represents a 51.28% increase compared to PETS previous annual EPS of $0.13 (Sep 22).

PetMed Express Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
RADRite Aid$0.65$7.00976.92%Sell
PETSPetMed Express$4.19$11.00162.53%Hold
WBAWalgreens Boots Alliance$9.46$24.53159.30%Hold
HITIHigh Tide$2.86$2.70-5.59%Sell

PETS Forecast FAQ


No, according to 2 Wall Street analysts, PetMed Express (PETS) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of PETS's total ratings.

PetMed Express (PETS) average price target is $11 with a range of $7 to $19, implying a 162.53% from its last price of $4.19. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for PETS stock, the company can go up by 162.53% (from the last price of $4.19 to the average price target of $11), up by 353.46% based on the highest stock price target, and up by 67.06% based on the lowest stock price target.

PETS's average twelve months analyst stock price target of $11 supports the claim that PetMed Express can reach $6 in the near future.

PetMed Express's analysts financial forecasts for the fiscal year (Mar 2025) are as follows: average revenue is $273.5M (high $273.5M, low $273.5M), average EBITDA is $19.64M (high $19.64M, low $19.64M), average net income is $-3.769M (high $-3.769M, low $-3.769M), average SG&A $57.97M (high $57.97M, low $57.97M), and average EPS is $-0.18 (high $-0.18, low $-0.18). PETS's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $269.2M (high $269.2M, low $269.2M), average EBITDA is $19.33M (high $19.33M, low $19.33M), average net income is $-1.885M (high $-1.885M, low $-1.885M), average SG&A $57.05M (high $57.05M, low $57.05M), and average EPS is $-0.09 (high $-0.09, low $-0.09).

Based on PetMed Express's last annual report (Mar 2023), the company's revenue was $256.86M, which missed the average analysts forecast of $271.43M by -5.37%. Apple's EBITDA was $2.12M, missing the average prediction of $28.01M by -92.45%. The company's net income was $233K, missing the average estimation of $23.12M by -98.99%. Apple's SG&A was $68.9M, beating the average forecast of $59.89M by 15.04%. Lastly, the company's EPS was $0.01, missing the average prediction of $0.837 by -98.80%. In terms of the last quarterly report (Sep 2023), PetMed Express's revenue was $121.94M, beating the average analysts' forecast of $76M by 60.44%. The company's EBITDA was $2.1M, missing the average prediction of $5.46M by -61.59%. PetMed Express's net income was $-70K, missing the average estimation of $1.78M by -103.93%. The company's SG&A was $18.79M, beating the average forecast of $16.11M by 16.65%. Lastly, the company's EPS was $-0.0034, missing the average prediction of $0.085 by -104.00%