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Solo Brands Inc has a consensus price target of $3.8 based on the ratings of 11 analysts. The high is $10 issued by Credit Suisse on March 10, 2023. The low is $1.35 issued by Citigroup on August 8, 2024. The 3 most-recent analyst ratings were released by Canaccord Genuity, Canaccord Genuity, and Citigroup on November 19, 2024, September 30, 2024, and August 8, 2024, respectively. With an average price target of $2.45 between Canaccord Genuity, Canaccord Genuity, and Citigroup, there's an implied 126.85% upside for Solo Brands Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Solo Brands (NYSE:DTC) was reported by Canaccord Genuity on November 19, 2024. The analyst firm set a price target for $3.00 expecting DTC to rise to within 12 months (a possible 177.78% upside). 14 analyst firms have reported ratings in the last year.
The latest analyst rating for Solo Brands (NYSE:DTC) was provided by Canaccord Genuity, and Solo Brands maintained their buy rating.
The last upgrade for Solo Brands Inc happened on January 12, 2022 when Citigroup raised their price target to $20. Citigroup previously had a neutral for Solo Brands Inc.
The last downgrade for Solo Brands Inc happened on February 2, 2024 when JP Morgan changed their price target from N/A to N/A for Solo Brands Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Solo Brands, 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 Solo Brands was filed on November 19, 2024 so you should expect the next rating to be made available sometime around November 19, 2025.
While ratings are subjective and will change, the latest Solo Brands (DTC) rating was a maintained with a price target of $3.00 to $3.00. The current price Solo Brands (DTC) is trading at is $1.08, which is out of the analyst’s predicted range.
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