Utz Brands (UTZ) Stock Forecast, Price Target & Predictions
UTZ Stock Forecast
Utz Brands stock forecast is as follows: an average price target of $24.00 (represents a 51.52% upside from UTZ’s last price of $15.84) 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 $24.00 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 $24.00. This represents a potential 51.52% upside from UTZ's last price of $15.84.
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% | 51.52% |
| Aug 21, 2024 | Michael Lavery | Piper Sandler | $22.00 | $17.41 | 26.36% | 38.89% |
| May 06, 2024 | Andrew Lazar | Barclays | $23.00 | $19.24 | 19.54% | 45.20% |
| May 03, 2024 | Jim Salera | Stephens | $23.00 | $19.55 | 17.65% | 45.20% |
| May 03, 2024 | Nik Modi | RBC Capital | $23.00 | $19.55 | 17.65% | 45.20% |
| May 03, 2024 | John Baumgartner | Mizuho Securities | $24.00 | $19.55 | 22.76% | 51.52% |
| Jan 03, 2024 | Matt McGinley | Needham | $20.00 | $17.44 | 14.68% | 26.26% |
| Aug 12, 2022 | Stephens | $19.00 | $17.71 | 7.28% | 19.95% | |
| Jun 16, 2022 | Jason English | Goldman Sachs | $16.00 | $12.34 | 29.66% | 1.01% |
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 51.52% increase from UTZ last price ($15.84).
Utz Brands Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 7 |
| Avg Price Target | - | $24.00 | $22.71 |
| Last Closing Price | $15.84 | $15.84 | $15.84 |
| Upside/Downside | -100.00% | 51.52% | 43.37% |
In the current month, the average price target of Utz Brands stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Utz Brands's last price of $15.84. 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 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 | $377.18M | $390.77M | $379.29M | $368.07M | $367.05M | $380.29M | $368.94M | $358.78M | $356.23M | $367.14M | $356.23M | $346.99M | $355.37M | $370.96M | $362.48M | $354.31M | $338.53M | $341.75M | $335.43M | $311.08M | $296.81M | $307.56M | $289.61M | $274.94M | $243.03M | $246.77M |
| Low Forecast | $373.38M | $386.83M | $375.46M | $364.36M | $363.34M | $376.45M | $365.22M | $355.16M | $354.03M | $360.82M | $356.23M | $346.99M | $354.16M | $370.64M | $358.83M | $350.73M | $335.12M | $341.75M | $335.43M | $311.08M | $296.81M | $307.56M | $289.61M | $274.94M | $243.03M | $246.77M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 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 | $92.06M | $95.38M | $92.57M | $89.84M | $89.59M | $92.82M | $90.05M | $87.57M | $87.05M | $89.30M | $87.40M | $12.47M | $87.01M | $90.98M | $88.47M | $11.33M | $33.30M | $78.86M | $77.40M | $10.30M | $68.49M | $70.97M | $66.83M | $9.37M | $56.08M | $56.94M |
| High Forecast | $92.54M | $95.88M | $93.06M | $90.31M | $90.06M | $93.31M | $90.52M | $88.03M | $87.40M | $90.08M | $87.40M | $14.96M | $87.19M | $91.02M | $88.94M | $13.60M | $39.95M | $78.86M | $77.40M | $12.37M | $68.49M | $70.97M | $66.83M | $11.24M | $56.08M | $56.94M |
| Low Forecast | $91.61M | $94.91M | $92.12M | $89.40M | $89.15M | $92.36M | $89.61M | $87.14M | $86.86M | $88.53M | $87.40M | $9.97M | $86.89M | $90.94M | $88.04M | $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% | 0.37% | 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 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 | $20.66M | $22.41M | $19.77M | $15.34M | $18.22M | $19.27M | $17.03M | $13.80M | $16.32M | $16.45M | $13.33M | $-32.13M | $12.94M | $12.30M | $9.02M | $-29.21M | $-10.79M | $11.10M | $9.35M | $-26.55M | $12.38M | $12.55M | $11.69M | $-24.14M | $8.04M | $9.14M |
| High Forecast | $20.81M | $22.57M | $19.91M | $15.45M | $18.35M | $19.40M | $17.15M | $13.89M | $16.44M | $16.63M | $13.34M | $-25.70M | $13.70M | $12.58M | $9.08M | $-23.37M | $-8.64M | $11.10M | $9.35M | $-21.24M | $12.38M | $12.55M | $11.69M | $-19.31M | $8.04M | $9.14M |
| Low Forecast | $20.53M | $22.27M | $19.65M | $15.25M | $18.11M | $19.14M | $16.92M | $13.71M | $15.51M | $16.26M | $13.32M | $-38.55M | $12.18M | $12.02M | $8.96M | $-35.05M | $-12.95M | $11.10M | $9.35M | $-31.86M | $12.38M | $12.55M | $11.69M | $-28.97M | $8.04M | $9.14M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 1.30% | 0.16% | 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 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 | $168.35M | $174.41M | $169.29M | $164.28M | $163.83M | $169.73M | $164.67M | $160.14M | $159.00M | $163.86M | $159.00M | $148.30M | $158.61M | $165.57M | $161.79M | $134.82M | $161.11M | $131.95M | $129.51M | $122.56M | $114.60M | $118.75M | $111.82M | $111.42M | $93.83M | $95.28M |
| Low Forecast | $166.65M | $172.65M | $167.58M | $162.63M | $162.17M | $168.02M | $163.01M | $158.52M | $158.01M | $161.04M | $159.00M | $98.87M | $158.07M | $165.43M | $160.16M | $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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 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 | $0.19 | $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 | $0.18 | $0.22 | $0.23 | $0.21 | $0.17 | $0.19 | $0.20 | $0.16 | $0.13 | $0.15 | $0.15 | $0.11 | $0.09 | $0.11 | $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 |
|---|---|---|---|---|---|
| UTZ | Utz Brands | $16.96 | $24.00 | 41.51% | Buy |
| NOMD | Nomad Foods | $17.30 | $22.00 | 27.17% | Buy |
| HAIN | Hain Celestial Group | $7.41 | $9.27 | 25.10% | Hold |
| CENT | Central Garden & Pet Company | $43.14 | $50.67 | 17.45% | |
| POST | Post | $115.63 | $132.00 | 14.16% | Buy |
| LANC | Lancaster Colony | $189.22 | $216.00 | 14.15% | Buy |
| THS | TreeHouse Foods | $34.00 | $37.67 | 10.79% | Hold |
| INGR | Ingredion | $142.16 | $140.00 | -1.52% | Buy |
| SMPL | Simply Good Foods Company | $39.74 | $38.67 | -2.69% | Buy |
| BRBR | BellRing Brands | $77.24 | $68.25 | -11.64% | Buy |
| PPC | Pilgrim's Pride | $50.65 | $42.00 | -17.08% | Buy |