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The Honest Co Inc has a consensus price target of $5.08 based on the ratings of 11 analysts. The high is $6.5 issued by B. Riley Securities on September 10, 2024. The low is $3 issued by Loop Capital on June 25, 2024. The 3 most-recent analyst ratings were released by B. Riley Securities, Northland Capital Markets, and Northland Capital Markets on September 10, 2024, August 9, 2024, and August 6, 2024, respectively. With an average price target of $6.33 between B. Riley Securities, Northland Capital Markets, and Northland Capital Markets, there's an implied 77.40% upside for The Honest Co Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Honest Co (NASDAQ:HNST) was reported by B. Riley Securities on September 10, 2024. The analyst firm set a price target for $6.50 expecting HNST to rise to within 12 months (a possible 82.07% upside). 13 analyst firms have reported ratings in the last year.
The latest analyst rating for Honest Co (NASDAQ:HNST) was provided by B. Riley Securities, and Honest Co initiated their buy rating.
The last upgrade for The Honest Co Inc happened on June 25, 2024 when Loop Capital raised their price target to $3. Loop Capital previously had a hold for The Honest Co Inc.
The last downgrade for The Honest Co Inc happened on March 17, 2023 when Telsey Advisory Group changed their price target from $6 to $2 for The Honest Co Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Honest Co, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Honest Co was filed on September 10, 2024 so you should expect the next rating to be made available sometime around September 10, 2025.
While ratings are subjective and will change, the latest Honest Co (HNST) rating was a initiated with a price target of $0.00 to $6.50. The current price Honest Co (HNST) is trading at is $3.57, which is within the analyst’s predicted range.
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