Target Hospitality (TH) Stock Forecast, Price Target & Predictions
TH Stock Forecast
Target Hospitality stock forecast is as follows: an average price target of $9.75 (represents a 32.11% upside from TH’s last price of $7.38) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
TH Price Target
The average price target for Target Hospitality (TH) is $9.75 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $10.00 to $9.50. This represents a potential 32.11% upside from TH's last price of $7.38.
TH Analyst Ratings
According to 2 Wall Street analysts, Target Hospitality's rating consensus is 'Buy'. The analyst rating breakdown for TH stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Target Hospitality Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 11, 2024 | Stephen Gengaro | Stifel Nicolaus | $9.50 | $6.65 | 42.86% | 28.73% |
| Apr 12, 2024 | Stephen Gengaro | Stifel Nicolaus | $12.00 | $10.82 | 10.91% | 62.60% |
| Mar 25, 2024 | Scott Schneeberger | Oppenheimer | $10.00 | $11.12 | -10.07% | 35.50% |
| Mar 13, 2023 | Scott Schneeberger | Oppenheimer | $22.00 | $16.81 | 30.87% | 198.10% |
| Mar 12, 2022 | Scott Schneeberger | Oppenheimer | $7.00 | $5.48 | 27.74% | -5.15% |
The latest Target Hospitality stock forecast, released on Jun 11, 2024 by Stephen Gengaro from Stifel Nicolaus, set a price target of $9.50, which represents a 42.86% increase from the stock price at the time of the forecast ($6.65), and a 28.73% increase from TH last price ($7.38).
Target Hospitality Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $10.50 |
| Last Closing Price | $7.38 | $7.38 | $7.38 |
| Upside/Downside | -100.00% | -100.00% | 42.28% |
In the current month, the average price target of Target Hospitality stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Target Hospitality's last price of $7.38. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Apr 12, 2024 | Bernstein | Outperform | Outperform | Hold |
| Apr 12, 2024 | Oppenheimer | Underperform | Underperform | Hold |
| Apr 12, 2024 | Stifel Nicolaus | Buy | Buy | Hold |
| Mar 13, 2023 | Oppenheimer | Outperform | Outperform | Hold |
| Jul 13, 2022 | Oppenheimer | Outperform | Outperform | Hold |
| Mar 12, 2022 | Oppenheimer | Outperform | Outperform | Hold |
Target Hospitality's last stock rating was published by Bernstein on Apr 12, 2024. The company gave TH a "Outperform" rating, the same as its previous rate.
Target Hospitality Financial Forecast
Target Hospitality Revenue Forecast
| 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 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $126.22M | $145.94M | - | $147.82M | $152.44M | $159.56M | $109.65M | $80.33M | $81.69M | $89.17M | $74.99M | $45.49M | $51.61M | $48.26M | $53.62M | $71.66M | $76.11M | $81.64M | $81.36M |
| Avg Forecast | $84.80M | $86.20M | $86.50M | $85.00M | $83.67M | $87.90M | $101.25M | $101.97M | $118.00M | $140.77M | $134.60M | $137.63M | $148.27M | $158.20M | $104.60M | $79.77M | $75.40M | $77.50M | $72.03M | $40.93M | $37.57M | $42.26M | $39.43M | $72.03M | $75.18M | $86.28M | $83.21M |
| High Forecast | $84.80M | $86.20M | $86.50M | $85.00M | $83.67M | $90.20M | $101.25M | $101.97M | $123.80M | $140.77M | $134.60M | $137.63M | $148.27M | $158.20M | $104.60M | $79.77M | $75.40M | $77.50M | $72.03M | $40.93M | $37.57M | $42.26M | $39.43M | $72.03M | $75.18M | $86.28M | $83.21M |
| Low Forecast | $84.80M | $86.20M | $86.50M | $85.00M | $83.67M | $84.50M | $101.25M | $101.97M | $112.60M | $140.77M | $134.60M | $137.63M | $148.27M | $158.20M | $104.60M | $79.77M | $75.40M | $77.50M | $72.03M | $40.93M | $37.57M | $42.26M | $39.43M | $72.03M | $75.18M | $86.28M | $83.21M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | 1.07% | 1.04% | - | 1.07% | 1.03% | 1.01% | 1.05% | 1.01% | 1.08% | 1.15% | 1.04% | 1.11% | 1.37% | 1.14% | 1.36% | 0.99% | 1.01% | 0.95% | 0.98% |
Target Hospitality's average Quarter revenue forecast for Mar 24 based on 1 analysts is $101.97M, with a low forecast of $101.97M, and a high forecast of $101.97M. TH's average Quarter revenue forecast represents a -19.22% decrease compared to the company's last Quarter revenue of $126.22M (Dec 23).
Target Hospitality EBITDA Forecast
| 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 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | $57.15M | $68.98M | - | $83.36M | $67.91M | $74.33M | $52.12M | $28.04M | $30.87M | $35.01M | $25.70M | $10.63M | $12.31M | $14.38M | $8.91M | $30.16M | $26.69M | $37.30M | $38.33M |
| Avg Forecast | $35.76M | $36.35M | $36.48M | $35.85M | $35.28M | $37.07M | $42.70M | $43.00M | $49.76M | $59.37M | $56.76M | $58.04M | $62.53M | $66.72M | $44.11M | $27.95M | $31.80M | $32.68M | $30.38M | $5.20M | $15.85M | $17.82M | $16.63M | $35.19M | $31.71M | $36.39M | $43.44M |
| High Forecast | $35.76M | $36.35M | $36.48M | $35.85M | $35.28M | $38.04M | $42.70M | $43.00M | $52.21M | $59.37M | $56.76M | $58.04M | $62.53M | $66.72M | $44.11M | $33.54M | $31.80M | $32.68M | $30.38M | $6.24M | $15.85M | $17.82M | $16.63M | $42.23M | $31.71M | $36.39M | $52.13M |
| Low Forecast | $35.76M | $36.35M | $36.48M | $35.85M | $35.28M | $35.64M | $42.70M | $43.00M | $47.49M | $59.37M | $56.76M | $58.04M | $62.53M | $66.72M | $44.11M | $22.36M | $31.80M | $32.68M | $30.38M | $4.16M | $15.85M | $17.82M | $16.63M | $28.15M | $31.71M | $36.39M | $34.75M |
| Surprise % | - | - | - | - | - | - | - | - | 1.15% | 1.16% | - | 1.44% | 1.09% | 1.11% | 1.18% | 1.00% | 0.97% | 1.07% | 0.85% | 2.05% | 0.78% | 0.81% | 0.54% | 0.86% | 0.84% | 1.03% | 0.88% |
1 analysts predict TH's average Quarter EBITDA for Mar 24 to be $43.00M, with a high of $43.00M and a low of $43.00M. This is -24.75% lower than Target Hospitality's previous annual EBITDA (Dec 23) of $57.15M.
Target Hospitality Net Income Forecast
| 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 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | $37.84M | $45.58M | - | $43.83M | $31.57M | $19.02M | $22.85M | $494.00K | $2.80M | $6.67M | $-912.00K | $-13.14M | $-9.21M | $-7.87M | $-14.20M | $3.80M | $66.00K | $9.57M | $10.58M |
| Avg Forecast | $10.13M | $10.13M | $11.14M | $9.11M | $11.14M | $12.49M | $18.23M | $14.85M | $24.98M | $43.88M | $37.46M | $39.83M | $39.49M | $55.69M | $16.88M | $494.00K | $-1.69M | $2.03M | $1.01M | $-6.42M | $-11.58M | $-12.08M | $-11.43M | $4.43M | $7.97M | $15.30M | $11.99M |
| High Forecast | $10.13M | $10.13M | $11.14M | $9.11M | $11.14M | $13.53M | $18.23M | $14.87M | $38.50M | $43.89M | $37.46M | $39.83M | $39.49M | $55.69M | $16.88M | $592.80K | $-1.69M | $2.03M | $1.01M | $-5.14M | $-11.58M | $-12.08M | $-11.43M | $5.32M | $7.97M | $15.30M | $14.39M |
| Low Forecast | $10.13M | $10.13M | $11.14M | $9.11M | $11.14M | $12.49M | $18.23M | $14.83M | $13.53M | $43.86M | $37.46M | $39.83M | $39.49M | $55.69M | $16.88M | $395.20K | $-1.69M | $2.03M | $1.01M | $-7.71M | $-11.58M | $-12.08M | $-11.43M | $3.55M | $7.97M | $15.30M | $9.59M |
| Surprise % | - | - | - | - | - | - | - | - | 1.52% | 1.04% | - | 1.10% | 0.80% | 0.34% | 1.35% | 1.00% | -1.66% | 3.30% | -0.90% | 2.05% | 0.80% | 0.65% | 1.24% | 0.86% | 0.01% | 0.63% | 0.88% |
Target Hospitality's average Quarter net income forecast for Mar 24 is $14.85M, with a range of $14.83M to $14.87M. TH's average Quarter net income forecast represents a -60.76% decrease compared to the company's last Quarter net income of $37.84M (Dec 23).
Target Hospitality SG&A Forecast
| 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 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | $12.20M | $15.27M | - | $15.20M | $15.88M | $19.15M | $11.10M | $11.76M | $10.63M | $12.83M | $11.68M | $11.33M | $9.53M | $8.51M | $10.10M | $9.99M | $9.65M | $11.14M | $10.93M |
| Avg Forecast | $13.07M | $13.29M | $13.33M | $13.10M | $12.90M | $13.55M | $15.61M | $15.72M | $18.19M | $21.70M | $20.75M | $21.22M | $22.85M | $24.39M | $16.12M | $11.76M | $11.62M | $11.95M | $11.10M | $5.54M | $5.79M | $6.51M | $6.08M | $16.46M | $11.59M | $13.30M | $16.71M |
| High Forecast | $13.07M | $13.29M | $13.33M | $13.10M | $12.90M | $13.90M | $15.61M | $15.72M | $19.08M | $21.70M | $20.75M | $21.22M | $22.85M | $24.39M | $16.12M | $14.11M | $11.62M | $11.95M | $11.10M | $6.65M | $5.79M | $6.51M | $6.08M | $19.75M | $11.59M | $13.30M | $20.05M |
| Low Forecast | $13.07M | $13.29M | $13.33M | $13.10M | $12.90M | $13.03M | $15.61M | $15.72M | $17.36M | $21.70M | $20.75M | $21.22M | $22.85M | $24.39M | $16.12M | $9.41M | $11.62M | $11.95M | $11.10M | $4.43M | $5.79M | $6.51M | $6.08M | $13.17M | $11.59M | $13.30M | $13.37M |
| Surprise % | - | - | - | - | - | - | - | - | 0.67% | 0.70% | - | 0.72% | 0.69% | 0.79% | 0.69% | 1.00% | 0.91% | 1.07% | 1.05% | 2.05% | 1.65% | 1.31% | 1.66% | 0.61% | 0.83% | 0.84% | 0.65% |
Target Hospitality's average Quarter SG&A projection for Mar 24 is $15.72M, based on 1 Wall Street analysts, with a range of $15.72M to $15.72M. The forecast indicates a 28.87% rise compared to TH last annual SG&A of $12.20M (Dec 23).
Target Hospitality EPS Forecast
| 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 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | $0.45 | - | $0.44 | $0.32 | $0.20 | $0.24 | $0.01 | $0.03 | $0.07 | $-0.01 | $-0.14 | $-0.10 | $-0.08 | $-0.15 | $0.04 | - | $0.10 | $0.11 |
| Avg Forecast | $0.10 | $0.10 | $0.11 | $0.09 | $0.11 | $0.12 | $0.18 | $0.15 | $0.25 | $0.43 | $0.37 | $0.39 | $0.39 | $0.55 | $0.17 | $0.01 | $-0.02 | $0.02 | $0.01 | $-0.09 | $-0.11 | $-0.12 | $-0.11 | $0.06 | $0.08 | $0.15 | $0.15 |
| High Forecast | $0.10 | $0.10 | $0.11 | $0.09 | $0.11 | $0.13 | $0.18 | $0.15 | $0.38 | $0.43 | $0.37 | $0.39 | $0.39 | $0.55 | $0.17 | $0.01 | $-0.02 | $0.02 | $0.01 | $-0.09 | $-0.11 | $-0.12 | $-0.11 | $0.06 | $0.08 | $0.15 | $0.15 |
| Low Forecast | $0.10 | $0.10 | $0.11 | $0.09 | $0.11 | $0.12 | $0.18 | $0.15 | $0.13 | $0.43 | $0.37 | $0.39 | $0.39 | $0.55 | $0.17 | $0.01 | $-0.02 | $0.02 | $0.01 | $-0.09 | $-0.11 | $-0.12 | $-0.11 | $0.06 | $0.08 | $0.15 | $0.15 |
| Surprise % | - | - | - | - | - | - | - | - | 0.00% | 1.04% | - | 1.12% | 0.82% | 0.36% | 1.44% | 0.75% | -1.73% | 3.50% | -1.00% | 1.56% | 0.87% | 0.67% | 1.33% | 0.62% | - | 0.66% | 0.74% |
According to 1 Wall Street analysts, Target Hospitality's projected average Quarter EPS for Mar 24 is $0.15, with a low estimate of $0.15 and a high estimate of $0.15. This represents a 36567.50% increase compared to TH previous annual EPS of - (Dec 23).
Target Hospitality Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| KLXE | KLX Energy Services | $4.53 | $17.25 | 280.79% | Hold |
| IMXI | International Money Express | $17.93 | $27.00 | 50.59% | Buy |
| TH | Target Hospitality | $7.39 | $9.75 | 31.94% | Buy |
| BBCP | Concrete Pumping | $5.70 | $7.25 | 27.19% | Hold |
| OSW | OneSpaWorld | $16.89 | $17.25 | 2.13% | Buy |
| ULH | Universal Logistics | $42.52 | $36.00 | -15.33% | - |
TH Forecast FAQ
Is Target Hospitality a good buy?
Yes, according to 2 Wall Street analysts, Target Hospitality (TH) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of TH's total ratings.
What is TH's price target?
Target Hospitality (TH) average price target is $9.75 with a range of $9.5 to $10, implying a 32.11% from its last price of $7.38. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Target Hospitality stock go up soon?
According to Wall Street analysts' prediction for TH stock, the company can go up by 32.11% (from the last price of $7.38 to the average price target of $9.75), up by 35.50% based on the highest stock price target, and up by 28.73% based on the lowest stock price target.
Can Target Hospitality stock reach $11?
TH's average twelve months analyst stock price target of $9.75 does not support the claim that Target Hospitality can reach $11 in the near future.
What are Target Hospitality's analysts' financial forecasts?
Target Hospitality's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $374.78M (high $377.08M, low $371.38M), average EBITDA is $158.06M (high $159.03M, low $156.62M), average net income is $56.7M (high $57.76M, low $56.68M), average SG&A $57.77M (high $58.13M, low $57.25M), and average EPS is $0.56 (high $0.57, low $0.56). TH's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $342.5M (high $342.5M, low $342.5M), average EBITDA is $144.44M (high $144.44M, low $144.44M), average net income is $40.5M (high $40.5M, low $40.5M), average SG&A $52.8M (high $52.8M, low $52.8M), and average EPS is $0.4 (high $0.4, low $0.4).
Did the TH's actual financial results beat the analysts' financial forecasts?
Based on Target Hospitality's last annual report (Dec 2023), the company's revenue was $563.61M, beating the average analysts forecast of $531M by 6.14%. Apple's EBITDA was $262.74M, beating the average prediction of $223.94M by 17.33%. The company's net income was $173.7M, beating the average estimation of $146.14M by 18.86%. Apple's SG&A was $56.13M, missing the average forecast of $81.85M by -31.43%. Lastly, the company's EPS was $0.0016, missing the average prediction of $1.44 by -99.89%. In terms of the last quarterly report (Dec 2023), Target Hospitality's revenue was $126.22M, beating the average analysts' forecast of $118M by 6.97%. The company's EBITDA was $57.15M, beating the average prediction of $49.76M by 14.84%. Target Hospitality's net income was $37.84M, beating the average estimation of $24.98M by 51.52%. The company's SG&A was $12.2M, missing the average forecast of $18.19M by -32.94%. Lastly, the company's EPS was $0.0004, missing the average prediction of $0.247 by -99.84%