TrueBlue (TBI) Stock Forecast, Price Target & Predictions
TBI Stock Forecast
TrueBlue stock forecast is as follows: an average price target of $12.50 (represents a 58.23% upside from TBI’s last price of $7.90) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
TBI Price Target
The average price target for TrueBlue (TBI) is $12.50 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $13.00 to $12.00. This represents a potential 58.23% upside from TBI's last price of $7.90.
TBI Analyst Ratings
According to 1 Wall Street analysts, TrueBlue's rating consensus is 'Buy'. The analyst rating breakdown for TBI stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
TrueBlue Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 07, 2024 | Jeffrey Silber | BMO Capital | $12.00 | $7.89 | 52.09% | 51.90% |
| May 07, 2024 | Jeffrey Silber | BMO Capital | $13.00 | $10.63 | 22.30% | 64.56% |
| May 07, 2024 | Mark Marcon | Robert W. Baird | $13.00 | $10.59 | 22.76% | 64.56% |
The latest TrueBlue stock forecast, released on Aug 07, 2024 by Jeffrey Silber from BMO Capital, set a price target of $12.00, which represents a 52.09% increase from the stock price at the time of the forecast ($7.89), and a 51.90% increase from TBI last price ($7.90).
TrueBlue Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $12.00 | $12.67 |
| Last Closing Price | $7.90 | $7.90 | $7.90 |
| Upside/Downside | -100.00% | 51.90% | 60.38% |
In the current month, the average price target of TrueBlue stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to TrueBlue's last price of $7.90. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 07, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jun 17, 2024 | BMO Capital | Outperform | Outperform | Hold |
| May 07, 2024 | BMO Capital | Outperform | Outperform | Hold |
| May 22, 2023 | BMO Capital | - | Outperform | Upgrade |
TrueBlue's last stock rating was published by BMO Capital on Aug 07, 2024. The company gave TBI a "Outperform" rating, the same as its previous rate.
TrueBlue Financial Forecast
TrueBlue 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $124.17M | $130.49M | $465.29M | $557.70M | $575.72M | - | $551.51M | $621.93M | $577.03M | $515.96M | $458.71M | $518.63M | $474.53M | $358.94M | $494.25M | $591.04M | $636.79M |
| Avg Forecast | $357.65M | $361.33M | $365.05M | $368.81M | $406.74M | $401.69M | $385.73M | $369.12M | $386.42M | $386.07M | $414.49M | $400.24M | $472.53M | $488.90M | $496.11M | $465.30M | $560.80M | $587.22M | $572.77M | $531.28M | $582.21M | $572.12M | $506.55M | $451.47M | $498.08M | $454.43M | $347.16M | $498.87M | $601.26M | $624.57M |
| High Forecast | $363.60M | $367.34M | $371.12M | $374.95M | $413.51M | $408.37M | $392.15M | $375.26M | $392.85M | $392.49M | $421.38M | $406.89M | $480.39M | $493.96M | $504.36M | $473.03M | $570.13M | $596.98M | $572.77M | $536.18M | $587.58M | $577.40M | $511.22M | $455.63M | $502.67M | $458.62M | $350.36M | $503.47M | $606.80M | $630.33M |
| Low Forecast | $354.43M | $358.08M | $361.76M | $365.49M | $403.08M | $398.07M | $382.26M | $365.79M | $382.94M | $382.59M | $410.75M | $396.63M | $468.27M | $485.78M | $491.64M | $461.10M | $555.75M | $581.92M | $572.77M | $525.34M | $575.70M | $565.73M | $500.89M | $446.42M | $492.51M | $449.35M | $343.28M | $493.30M | $594.54M | $617.59M |
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.25% | 0.26% | 1.00% | 0.99% | 0.98% | - | 1.04% | 1.07% | 1.01% | 1.02% | 1.02% | 1.04% | 1.04% | 1.03% | 0.99% | 0.98% | 1.02% |
TrueBlue's average Quarter revenue forecast for Dec 23 based on 1 analysts is $472.53M, with a low forecast of $468.27M, and a high forecast of $480.39M. TBI's average Quarter revenue forecast represents a 280.54% increase compared to the company's last Quarter revenue of $124.17M (Sep 23).
TrueBlue 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.24M | $880.00K | $468.00K | $14.12M | $31.57M | - | $19.28M | $29.11M | $27.75M | $25.96M | $13.17M | $17.17M | $20.36M | $-12.45M | $9.58M | $16.36M | $37.94M |
| Avg Forecast | $18.34M | $18.53M | $18.72M | $18.91M | $20.85M | $20.59M | $19.78M | $18.92M | $19.81M | $19.79M | $21.25M | $21.96M | $24.23M | $25.07M | $25.44M | $19.96M | $28.75M | $31.69M | $29.37M | $15.78M | $14.19M | $28.81M | $19.83M | $76.30M | $17.63M | $20.82M | $-19.21M | $-335.35M | $19.89M | $33.87M |
| High Forecast | $18.64M | $18.83M | $19.03M | $19.22M | $21.20M | $20.94M | $20.11M | $19.24M | $20.14M | $20.12M | $21.60M | $26.35M | $24.63M | $25.32M | $25.86M | $23.95M | $29.23M | $38.03M | $29.37M | $18.93M | $17.03M | $34.57M | $23.79M | $91.56M | $21.16M | $24.98M | $-15.37M | $-268.28M | $23.87M | $40.64M |
| Low Forecast | $18.17M | $18.36M | $18.55M | $18.74M | $20.67M | $20.41M | $19.60M | $18.75M | $19.63M | $19.62M | $21.06M | $17.56M | $24.01M | $24.91M | $25.21M | $15.97M | $28.49M | $25.35M | $29.37M | $12.62M | $11.36M | $23.05M | $15.86M | $61.04M | $14.11M | $16.65M | $-23.06M | $-402.42M | $15.91M | $27.09M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.17% | 0.03% | 0.02% | 0.49% | 1.00% | - | 1.22% | 2.05% | 0.96% | 1.31% | 0.17% | 0.97% | 0.98% | 0.65% | -0.03% | 0.82% | 1.12% |
1 analysts predict TBI's average Quarter EBITDA for Dec 23 to be $24.23M, with a high of $24.63M and a low of $24.01M. This is 471.64% upper than TrueBlue's previous annual EBITDA (Sep 23) of $4.24M.
TrueBlue 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-10.00K | $-7.32M | $-4.29M | $7.04M | $20.70M | - | $10.52M | $20.21M | $18.64M | $15.88M | $6.90M | $8.03M | $8.79M | $-8.17M | $-150.49M | $8.71M | $26.68M |
| Avg Forecast | $9.71M | $9.10M | $6.07M | $4.25M | $3.34M | $2.33M | $-809.32K | $-4.35M | $-3.03M | $-4.70M | $-1.45M | $11.38M | $303.49K | $7.12M | $6.83M | $10.35M | $13.43M | $20.85M | $16.64M | $8.18M | $8.79M | $18.95M | $11.80M | $38.28M | $7.40M | $8.79M | $-12.60M | $-304.75M | $9.14M | $23.09M |
| High Forecast | $9.92M | $9.30M | $6.20M | $4.34M | $3.41M | $2.38M | $-799.83K | $-4.30M | $-3.00M | $-4.65M | $-1.43M | $13.66M | $310.05K | $9.29M | $6.98M | $12.42M | $13.72M | $25.02M | $16.64M | $9.82M | $10.55M | $22.74M | $14.16M | $45.94M | $8.89M | $10.55M | $-10.08M | $-243.80M | $10.97M | $27.71M |
| Low Forecast | $9.60M | $9.00M | $6.00M | $4.20M | $3.30M | $2.30M | $-826.81K | $-4.44M | $-3.10M | $-4.81M | $-1.48M | $9.11M | $299.93K | $4.64M | $6.75M | $8.28M | $13.27M | $16.68M | $16.64M | $6.55M | $7.03M | $15.16M | $9.44M | $30.63M | $5.92M | $7.04M | $-15.12M | $-365.70M | $7.31M | $18.47M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.00% | -1.07% | -0.41% | 0.52% | 0.99% | - | 1.29% | 2.30% | 0.98% | 1.35% | 0.18% | 1.08% | 1.00% | 0.65% | 0.49% | 0.95% | 1.16% |
TrueBlue's average Quarter net income forecast for Mar 23 is $10.35M, with a range of $8.28M to $12.42M. TBI's average Quarter net income forecast represents a 46.91% increase compared to the company's last Quarter net income of $7.04M (Dec 22).
TrueBlue 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $120.72M | $121.28M | $122.64M | $133.73M | $124.35M | - | $120.57M | $137.66M | $118.75M | $110.51M | $97.40M | $103.63M | $90.10M | $97.20M | $117.38M | $133.98M | $131.19M |
| Avg Forecast | $81.32M | $82.16M | $83.00M | $83.86M | $92.48M | $91.34M | $87.71M | $83.93M | $87.86M | $87.78M | $94.24M | $130.49M | $107.44M | $111.16M | $112.81M | $118.63M | $127.51M | $132.80M | $130.23M | $93.78M | $59.87M | $120.73M | $82.11M | $102.65M | $95.60M | $97.75M | $161.16M | $113.43M | $149.98M | $121.14M |
| High Forecast | $82.67M | $83.53M | $84.39M | $85.25M | $94.02M | $92.85M | $89.17M | $85.32M | $89.32M | $89.24M | $95.81M | $156.59M | $109.23M | $112.31M | $114.68M | $142.35M | $129.63M | $159.36M | $130.23M | $112.53M | $71.84M | $144.87M | $98.53M | $103.60M | $114.72M | $117.30M | $193.39M | $114.48M | $179.98M | $145.37M |
| Low Forecast | $80.59M | $81.42M | $82.26M | $83.10M | $91.65M | $90.51M | $86.92M | $83.17M | $87.07M | $86.99M | $93.40M | $104.39M | $106.47M | $110.45M | $111.79M | $94.90M | $126.36M | $106.24M | $130.23M | $75.02M | $47.89M | $96.58M | $65.68M | $101.51M | $76.48M | $78.20M | $128.93M | $112.16M | $119.98M | $96.91M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 1.08% | 1.03% | 1.05% | 0.94% | - | 1.29% | 2.30% | 0.98% | 1.35% | 0.95% | 1.08% | 0.92% | 0.60% | 1.03% | 0.89% | 1.08% |
TrueBlue's average Quarter SG&A projection for Dec 23 is $107.44M, based on 1 Wall Street analysts, with a range of $106.47M to $109.23M. The forecast indicates a -10.99% fall compared to TBI last annual SG&A of $120.72M (Sep 23).
TrueBlue 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.00 | $-0.24 | $-0.13 | $0.22 | $0.64 | - | $0.31 | $0.58 | $0.53 | $0.46 | $0.20 | $0.23 | $0.25 | $-0.23 | $-4.04 | $0.23 | $0.69 |
| Avg Forecast | $0.32 | $0.30 | $0.20 | $0.14 | $0.11 | $0.08 | $-0.03 | $-0.14 | $-0.10 | $-0.15 | $-0.05 | $-0.37 | $0.01 | $0.23 | $0.23 | $-0.11 | $0.44 | $0.75 | $0.54 | $0.35 | $0.43 | $0.60 | $0.38 | $-0.04 | $0.18 | $0.05 | $-0.42 | $0.04 | $0.41 | $0.66 |
| High Forecast | $0.33 | $0.31 | $0.20 | $0.14 | $0.11 | $0.08 | $-0.03 | $-0.14 | $-0.10 | $-0.15 | $-0.05 | $-0.37 | $0.01 | $0.31 | $0.23 | $-0.11 | $0.45 | $0.76 | $0.54 | $0.36 | $0.43 | $0.60 | $0.38 | $-0.04 | $0.18 | $0.05 | $-0.41 | $0.04 | $0.41 | $0.67 |
| Low Forecast | $0.32 | $0.30 | $0.20 | $0.14 | $0.11 | $0.08 | $-0.03 | $-0.15 | $-0.10 | $-0.16 | $-0.05 | $-0.38 | $0.01 | $0.15 | $0.22 | $-0.11 | $0.44 | $0.74 | $0.54 | $0.35 | $0.42 | $0.59 | $0.37 | $-0.05 | $0.18 | $0.05 | $-0.42 | $0.04 | $0.40 | $0.65 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.00% | -1.07% | 1.18% | 0.50% | 0.86% | - | 0.87% | 1.36% | 0.89% | 1.23% | -4.46% | 1.29% | 5.43% | 0.55% | -91.46% | 0.57% | 1.04% |
According to 1 Wall Street analysts, TrueBlue's projected average Quarter EPS for Mar 23 is $-0.11, with a low estimate of $-0.11 and a high estimate of $-0.11. This represents a -150.00% decrease compared to TBI previous annual EPS of $0.22 (Dec 22).
TrueBlue Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HSON | Hudson Global | $16.40 | $42.50 | 159.15% | Buy |
| TBI | TrueBlue | $7.90 | $12.50 | 58.23% | Buy |
| MAN | ManpowerGroup | $73.10 | $93.43 | 27.81% | Buy |
| KFRC | Kforce | $62.44 | $71.00 | 13.71% | Hold |
| KELYA | Kelly Services | $21.35 | $24.00 | 12.41% | - |
| RHI | Robert Half | $63.86 | $68.67 | 7.53% | Hold |
| KFY | Korn Ferry | $73.06 | $75.75 | 3.68% | Buy |
| HSII | Heidrick & Struggles | $38.07 | $38.50 | 1.13% | Hold |
TBI Forecast FAQ
Is TrueBlue a good buy?
Yes, according to 1 Wall Street analysts, TrueBlue (TBI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of TBI's total ratings.
What is TBI's price target?
TrueBlue (TBI) average price target is $12.5 with a range of $12 to $13, implying a 58.23% from its last price of $7.9. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will TrueBlue stock go up soon?
According to Wall Street analysts' prediction for TBI stock, the company can go up by 58.23% (from the last price of $7.9 to the average price target of $12.5), up by 64.56% based on the highest stock price target, and up by 51.90% based on the lowest stock price target.
Can TrueBlue stock reach $12?
TBI's average twelve months analyst stock price target of $12.5 supports the claim that TrueBlue can reach $12 in the near future.
What are TrueBlue's analysts' financial forecasts?
TrueBlue's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.56B (high $1.59B, low $1.55B), average EBITDA is $80.15M (high $81.48M, low $79.43M), average net income is $505.92K (high $688.92K, low $327.92K), average SG&A $355.45M (high $361.37M, low $352.25M), and average EPS is $0.0167 (high $0.0227, low $0.0108). TBI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.45B (high $1.48B, low $1.44B), average EBITDA is $74.49M (high $75.73M, low $73.82M), average net income is $29.14M (high $29.77M, low $28.79M), average SG&A $330.35M (high $335.84M, low $327.37M), and average EPS is $0.96 (high $0.981, low $0.949).
Did the TBI's actual financial results beat the analysts' financial forecasts?
Based on TrueBlue's last annual report (Dec 2022), the company's revenue was $2.25B, beating the average analysts forecast of $2.25B by 0.09%. Apple's EBITDA was $101.46M, missing the average prediction of $105.58M by -3.91%. The company's net income was $62.27M, beating the average estimation of $59.1M by 5.37%. Apple's SG&A was $500.69M, beating the average forecast of $484.32M by 3.38%. Lastly, the company's EPS was $1.89, missing the average prediction of $2.08 by -9.13%. In terms of the last quarterly report (Sep 2023), TrueBlue's revenue was $124.17M, missing the average analysts' forecast of $488.9M by -74.60%. The company's EBITDA was $4.24M, missing the average prediction of $25.07M by -83.09%. TrueBlue's net income was $-10K, missing the average estimation of $7.12M by -100.14%. The company's SG&A was $120.72M, beating the average forecast of $111.16M by 8.59%. Lastly, the company's EPS was $-0.0003, missing the average prediction of $0.235 by -100.13%