Utz Brands (UTZ) Stock Forecast, Price Target & Predictions
UTZ Stock Forecast
Utz Brands stock forecast is as follows: an average price target of $21.86 (represents a 31.93% upside from UTZ’s last price of $16.57) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
UTZ Price Target
The average price target for Utz Brands (UTZ) is $21.86 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $24.00 to $16.00. This represents a potential 31.93% upside from UTZ's last price of $16.57.
UTZ Analyst Ratings
According to 6 Wall Street analysts, Utz Brands's rating consensus is 'Buy'. The analyst rating breakdown for UTZ stock is 0 'Strong Buy' (0.00%), 6 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Utz Brands Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 01, 2024 | Michael Lavery | Piper Sandler | $24.00 | $17.35 | 38.33% | 44.84% |
| Aug 21, 2024 | Michael Lavery | Piper Sandler | $22.00 | $17.41 | 26.36% | 32.77% |
| May 06, 2024 | Andrew Lazar | Barclays | $23.00 | $19.24 | 19.54% | 38.81% |
| May 03, 2024 | Jim Salera | Stephens | $23.00 | $19.55 | 17.65% | 38.81% |
| May 03, 2024 | Nik Modi | RBC Capital | $23.00 | $19.55 | 17.65% | 38.81% |
| May 03, 2024 | John Baumgartner | Mizuho Securities | $24.00 | $19.55 | 22.76% | 44.84% |
| Jan 03, 2024 | Matt McGinley | Needham | $20.00 | $17.44 | 14.68% | 20.70% |
| Aug 12, 2022 | - | Stephens | $19.00 | $17.71 | 7.28% | 14.67% |
| Jun 16, 2022 | Jason English | Goldman Sachs | $16.00 | $12.34 | 29.66% | -3.44% |
The latest Utz Brands stock forecast, released on Nov 01, 2024 by Michael Lavery from Piper Sandler, set a price target of $24.00, which represents a 38.33% increase from the stock price at the time of the forecast ($17.35), and a 44.84% increase from UTZ last price ($16.57).
Utz Brands Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 7 |
| Avg Price Target | $24.00 | $23.00 | $22.71 |
| Last Closing Price | $16.57 | $16.57 | $16.57 |
| Upside/Downside | 44.84% | 38.81% | 37.05% |
In the current month, the average price target of Utz Brands stock is $24.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 44.84% increase as opposed to Utz Brands's last price of $16.57. This month's average price target is up 4.35% compared to last quarter, and up 5.68% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 21, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| May 06, 2024 | Barclays | Overweight | Overweight | Hold |
| May 03, 2024 | Stephens | Overweight | Overweight | Hold |
| May 03, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Dec 20, 2023 | Mizuho Securities | - | Buy | Initialise |
| Oct 23, 2023 | Stephens | Equal-Weight | Overweight | Upgrade |
| Aug 12, 2022 | Goldman Sachs | Buy | Buy | Hold |
| Aug 12, 2022 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Jun 16, 2022 | Goldman Sachs | - | Buy | Upgrade |
Utz Brands's last stock rating was published by Piper Sandler on Aug 21, 2024. The company gave UTZ a "Overweight" rating, the same as its previous rate.
Utz Brands Financial Forecast
Utz Brands 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 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $354.67M | $371.85M | $362.85M | $351.43M | $300.93M | - | - | $340.77M | - | - | - | $269.18M | - | - |
| Avg Forecast | $375.21M | $388.73M | $377.31M | $366.15M | $365.13M | $378.30M | $367.02M | $356.91M | $354.80M | $363.98M | $356.23M | $346.99M | $354.63M | $370.80M | $360.59M | $352.46M | $336.76M | $341.75M | $335.43M | $311.08M | $296.81M | $307.56M | $289.61M | $274.94M | $243.03M | $246.77M |
| High Forecast | $377.13M | $390.72M | $379.24M | $368.03M | $367.00M | $380.24M | $368.90M | $358.74M | $356.23M | $367.14M | $356.23M | $346.99M | $355.37M | $370.96M | $362.44M | $354.26M | $338.49M | $341.75M | $335.43M | $311.08M | $296.81M | $307.56M | $289.61M | $274.94M | $243.03M | $246.77M |
| Low Forecast | $373.69M | $387.15M | $375.78M | $364.67M | $363.65M | $376.77M | $365.53M | $355.46M | $354.03M | $360.82M | $356.23M | $346.99M | $354.16M | $370.64M | $359.13M | $351.02M | $335.40M | $341.75M | $335.43M | $311.08M | $296.81M | $307.56M | $289.61M | $274.94M | $243.03M | $246.77M |
| # Analysts | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 5 | 6 | 3 | 3 | 3 | 7 | 4 | 5 | 6 | 5 | 2 | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.00% | 1.01% | 1.00% | 0.89% | - | - | 1.10% | - | - | - | 0.98% | - | - |
Utz Brands's average Quarter revenue forecast for Mar 24 based on 3 analysts is $346.99M, with a low forecast of $346.99M, and a high forecast of $346.99M. UTZ's average Quarter revenue forecast represents a -2.16% decrease compared to the company's last Quarter revenue of $354.67M (Dec 23).
Utz Brands 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 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 5 | 6 | 3 | 3 | 3 | 7 | 4 | 5 | 6 | 5 | 2 | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $8.08M | $33.23M | $2.66M | $20.12M | $16.62M | - | - | $-554.00K | - | - | - | $29.13M | - | - |
| Avg Forecast | $94.86M | $98.27M | $95.39M | $92.57M | $92.31M | $95.64M | $92.78M | $90.23M | $89.69M | $92.02M | $90.06M | $12.47M | $89.65M | $93.74M | $91.16M | $11.33M | $33.30M | $78.86M | $77.40M | $10.30M | $68.49M | $70.97M | $66.83M | $9.37M | $56.08M | $56.94M |
| High Forecast | $95.34M | $98.78M | $95.87M | $93.04M | $92.78M | $96.13M | $93.26M | $90.69M | $90.06M | $92.81M | $90.06M | $14.96M | $89.84M | $93.78M | $91.63M | $13.60M | $39.95M | $78.86M | $77.40M | $12.37M | $68.49M | $70.97M | $66.83M | $11.24M | $56.08M | $56.94M |
| Low Forecast | $94.47M | $97.87M | $95.00M | $92.19M | $91.93M | $95.25M | $92.41M | $89.86M | $89.50M | $91.22M | $90.06M | $9.97M | $89.53M | $93.70M | $90.79M | $9.07M | $26.64M | $78.86M | $77.40M | $8.24M | $68.49M | $70.97M | $66.83M | $7.49M | $56.08M | $56.94M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.09% | 0.35% | 0.03% | 1.77% | 0.50% | - | - | -0.05% | - | - | - | 3.11% | - | - |
3 analysts predict UTZ's average Quarter EBITDA for Mar 24 to be $12.47M, with a high of $14.96M and a low of $9.97M. This is 54.27% upper than Utz Brands's previous annual EBITDA (Dec 23) of $8.08M.
Utz Brands 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 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 5 | 6 | 3 | 3 | 3 | 7 | 4 | 5 | 6 | 5 | 2 | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $14.89M | $15.99M | $1.40M | $-14.48M | $-16.18M | - | - | $-31.90M | - | - | - | $-23.35M | - | - |
| Avg Forecast | $21.27M | $22.76M | $20.09M | $16.49M | $18.78M | $19.85M | $17.55M | $14.22M | $16.82M | $16.94M | $13.74M | $-32.13M | $13.34M | $12.67M | $9.29M | $-29.21M | $-10.79M | $11.10M | $9.35M | $-26.55M | $12.38M | $12.55M | $11.69M | $-24.14M | $8.04M | $9.14M |
| High Forecast | $21.42M | $22.91M | $20.23M | $16.60M | $18.90M | $19.98M | $17.67M | $14.31M | $16.93M | $17.14M | $13.75M | $-25.70M | $14.12M | $12.96M | $9.35M | $-23.37M | $-8.64M | $11.10M | $9.35M | $-21.24M | $12.38M | $12.55M | $11.69M | $-19.31M | $8.04M | $9.14M |
| Low Forecast | $21.16M | $22.64M | $19.99M | $16.40M | $18.68M | $19.75M | $17.46M | $14.14M | $15.98M | $16.75M | $13.72M | $-38.55M | $12.55M | $12.38M | $9.24M | $-35.05M | $-12.95M | $11.10M | $9.35M | $-31.86M | $12.38M | $12.55M | $11.69M | $-28.97M | $8.04M | $9.14M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.26% | 0.15% | 0.50% | 1.50% | - | - | 1.20% | - | - | - | 0.97% | - | - |
Utz Brands's average Quarter net income forecast for Mar 24 is $-32.13M, with a range of $-38.55M to $-25.70M. UTZ's average Quarter net income forecast represents a -315.81% decrease compared to the company's last Quarter net income of $14.89M (Dec 23).
Utz Brands 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 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 5 | 6 | 3 | 3 | 3 | 7 | 4 | 5 | 6 | 5 | 2 | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $107.69M | $105.50M | $114.45M | $106.09M | $96.36M | - | - | $126.66M | - | - | - | $86.66M | - | - |
| Avg Forecast | $167.47M | $173.50M | $168.41M | $163.43M | $162.97M | $168.85M | $163.81M | $159.30M | $158.36M | $162.45M | $159.00M | $123.58M | $158.28M | $165.50M | $160.94M | $112.35M | $134.26M | $131.95M | $129.51M | $102.14M | $114.60M | $118.75M | $111.82M | $92.85M | $93.83M | $95.28M |
| High Forecast | $168.33M | $174.39M | $169.27M | $164.26M | $163.80M | $169.71M | $164.65M | $160.11M | $159.00M | $163.86M | $159.00M | $148.30M | $158.61M | $165.57M | $161.77M | $134.82M | $161.11M | $131.95M | $129.51M | $122.56M | $114.60M | $118.75M | $111.82M | $111.42M | $93.83M | $95.28M |
| Low Forecast | $166.79M | $172.80M | $167.72M | $162.76M | $162.31M | $168.16M | $163.15M | $158.65M | $158.01M | $161.04M | $159.00M | $98.87M | $158.07M | $165.43M | $160.29M | $89.88M | $107.41M | $131.95M | $129.51M | $81.71M | $114.60M | $118.75M | $111.82M | $74.28M | $93.83M | $95.28M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.68% | 0.64% | 0.71% | 0.94% | 0.72% | - | - | 1.24% | - | - | - | 0.93% | - | - |
Utz Brands's average Quarter SG&A projection for Mar 24 is $123.58M, based on 3 Wall Street analysts, with a range of $98.87M to $148.30M. The forecast indicates a 14.76% rise compared to UTZ last annual SG&A of $107.69M (Dec 23).
Utz Brands 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 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 5 | 6 | 3 | 3 | 3 | 7 | 4 | 5 | 6 | 5 | 2 | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.18 | $0.20 | $0.02 | $-0.18 | $-0.21 | - | - | $-0.41 | - | - | - | $-0.31 | - | - |
| Avg Forecast | $0.25 | $0.27 | $0.24 | $0.19 | $0.22 | $0.23 | $0.21 | $0.17 | $0.20 | $0.20 | $0.16 | $0.13 | $0.16 | $0.15 | $0.11 | $0.09 | $0.12 | $0.14 | $0.11 | $0.09 | $0.15 | $0.15 | $0.14 | $0.14 | $0.10 | $0.11 |
| High Forecast | $0.25 | $0.27 | $0.24 | $0.20 | $0.22 | $0.24 | $0.21 | $0.17 | $0.20 | $0.20 | $0.16 | $0.13 | $0.17 | $0.15 | $0.11 | $0.09 | $0.12 | $0.14 | $0.11 | $0.09 | $0.15 | $0.15 | $0.14 | $0.14 | $0.10 | $0.11 |
| Low Forecast | $0.25 | $0.27 | $0.24 | $0.19 | $0.22 | $0.23 | $0.21 | $0.17 | $0.19 | $0.20 | $0.16 | $0.13 | $0.15 | $0.15 | $0.11 | $0.09 | $0.12 | $0.14 | $0.11 | $0.09 | $0.15 | $0.15 | $0.14 | $0.14 | $0.10 | $0.11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 1.34% | 0.16% | -2.09% | -1.82% | - | - | -4.42% | - | - | - | -2.15% | - | - |
According to 3 Wall Street analysts, Utz Brands's projected average Quarter EPS for Mar 24 is $0.13, with a low estimate of $0.13 and a high estimate of $0.13. This represents a -29.65% decrease compared to UTZ previous annual EPS of $0.18 (Dec 23).
Utz Brands Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HAIN | Hain Celestial Group | $6.62 | $12.48 | 88.52% | Hold |
| NOMD | Nomad Foods | $16.25 | $24.00 | 47.69% | Buy |
| CENT | Central Garden & Pet Company | $36.80 | $50.67 | 37.69% | - |
| UTZ | Utz Brands | $16.57 | $21.86 | 31.93% | Buy |
| THS | TreeHouse Foods | $31.59 | $40.60 | 28.52% | Hold |
| POST | Post | $109.47 | $135.00 | 23.32% | Buy |
| LANC | Lancaster Colony | $187.88 | $216.00 | 14.97% | Buy |
| SMPL | Simply Good Foods Company | $36.47 | $40.50 | 11.05% | Buy |
| INGR | Ingredion | $149.95 | $138.75 | -7.47% | Buy |
| PPC | Pilgrim's Pride | $52.72 | $38.80 | -26.40% | Buy |
| BRBR | BellRing Brands | $72.14 | $44.00 | -39.01% | Buy |