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European Wax Center Inc has a consensus price target of $7.64 based on the ratings of 7 analysts. The high is $12 issued by Piper Sandler on July 11, 2024. The low is $5 issued by Morgan Stanley on November 15, 2024. The 3 most-recent analyst ratings were released by Telsey Advisory Group, Morgan Stanley, and Telsey Advisory Group on November 15, 2024, November 15, 2024, and November 14, 2024, respectively. With an average price target of $7 between Telsey Advisory Group, Morgan Stanley, and Telsey Advisory Group, there's an implied 28.44% upside for European Wax Center Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for European Wax Center (NASDAQ:EWCZ) was reported by Telsey Advisory Group on November 15, 2024. The analyst firm set a price target for $8.00 expecting EWCZ to rise to within 12 months (a possible 46.79% upside). 23 analyst firms have reported ratings in the last year.
The latest analyst rating for European Wax Center (NASDAQ:EWCZ) was provided by Telsey Advisory Group, and European Wax Center maintained their outperform rating.
The last upgrade for European Wax Center Inc happened on September 21, 2023 when Piper Sandler raised their price target to $22. Piper Sandler previously had a neutral for European Wax Center Inc.
The last downgrade for European Wax Center Inc happened on November 15, 2024 when Morgan Stanley changed their price target from $5 to $5 for European Wax Center Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of European Wax Center, 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 European Wax Center was filed on November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.
While ratings are subjective and will change, the latest European Wax Center (EWCZ) rating was a maintained with a price target of $8.00 to $8.00. The current price European Wax Center (EWCZ) is trading at is $5.45, which is out of the analyst’s predicted range.
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