Consensus Rating1
Neutral
Highest Price Target1
$28.00
Lowest Price Target1
$1.35
Consensus Price Target1
$6.83

Solo Brands (NYSE:DTC) Stock, Analyst Ratings, Price Targets, Forecasts

Solo Brands Inc has a consensus price target of $6.83 based on the ratings of 12 analysts. The high is $28 issued by B of A Securities on November 22, 2021. 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 109.40% upside for Solo Brands Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
1
Aug
1
Sep
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.5
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Canaccord Genuity
Citigroup
Jefferies
B. Riley Securities
Piper Sandler

1calculated from analyst ratings

Analyst Ratings for Solo Brands

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FAQ

Q

What is the target price for Solo Brands (DTC) stock?

A

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 156.41% upside). 15 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Solo Brands (DTC)?

A

The latest analyst rating for Solo Brands (NYSE:DTC) was provided by Canaccord Genuity, and Solo Brands maintained their buy rating.

Q

When was the last upgrade for Solo Brands (DTC)?

A

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.

Q

When was the last downgrade for Solo Brands (DTC)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Solo Brands (DTC)?

A

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.

Q

Is the Analyst Rating Solo Brands (DTC) correct?

A

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 $1.17, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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