Hanesbrands (NYSE:HBI) Stock

Hanesbrands

Hanesbrands manufactures basic and athletic apparel under brands including Hanes, Playtex, Maidenform, Bali, Berlei, and Bonds. The company sells wholesale to discount, midmarket, and department store retailers as well as direct to consumers through stores and e-commerce. Hanesbrands is vertically integrated as it produces more than 70% of its products in company-controlled factories in more than three dozen nations. Hanesbrands distributes products in the Americas and Asia-Pacific. The company was founded in 1901 and is based in Winston-Salem, North Carolina.

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HanesBrands reported 4.5% sales growth in Q4, falling short of analyst expectations at $888.47 million. Looking ahead, HanesBrands projects FY25 sales of $3.47B to $3.52B, lower than estimates.

HanesBrands Q4 Earnings: Sales Miss, Gloomy FY25 Outlook, CEO Exit And More

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J.M. Smucker Posts Upbeat Earnings, Joins LexinFintech, Semtech, Arrowhead Pharmaceuticals And Other Big Stocks Moving Higher On Tuesday

Hanesbrands Inc

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Stifel analyst Jim Duffy reiterates Hanesbrands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) with a Hold and lowers the price target from $8 to $7.

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Stifel Reiterates Hold on Hanesbrands, Lowers Price Target to $7

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Petco Health and Wellness Company Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WOOF#NASDAQ">WOOF</a>)</h3>
<ul>
<li>On Jan. 21, Morgan Stanley analyst Simeon Gutman maintained Petco Health and Wellness with an Equal-Weight rating and lowered the price target from $6 to $5. The company's stock fell around 23% over the past month and has a <a href="https://www.benzinga.com/quote/WOOF">52-week low of $1.42</a>.</li>
<li>RSI Value: 27.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>WOOF Price Action: Shares of Petco Health fell 3.9% to close at $2.94 on Thursday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to latest <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent021425&amp;t=be2bearmibe3na1">WOOF news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent021425&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="912" height="856" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14041122/image-130.png" alt="" class="wp-image-782659" style="width:621px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14041122/image-130.png 912w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14041122/image-130-300x282.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14041122/image-130-768x721.png 768w" sizes="(max-width: 912px) 100vw, 912px" /></a></figure>
<h3 class="wp-block-heading">Hanesbrands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>On Feb. 13, Hanesbrands reported worse-than-expected fourth-quarter sales results and issued FY25 sales guidance below estimates. Also, the company issued first-quarter guidance below estimates. HanesBrands also announced today that Steve Bratspies will depart as Chief Executive Officer at the end of 2025, or upon the appointment of his successor. Bratspies will step down from the Board concurrent with the end of his tenure as CEO. The company's stock fell around 26% over the past month and <a href="https://www.benzinga.com/quote/HBI">has a 52-week low</a> of $4.06.</li>
<li>RSI Value: 15.4</li>
<li>HBI Price Action: Shares of Hanesbrands fell 18.5% to close at $6.25 on Thursday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the trend in <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent021425&amp;t=be2bearmibe3na1">HBI stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent021425&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="922" height="842" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14041201/image-2-42.png" alt="" class="wp-image-782660" style="width:574px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14041201/image-2-42.png 922w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14041201/image-2-42-300x274.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14041201/image-2-42-768x701.png 768w" sizes="(max-width: 922px) 100vw, 922px" /></a></figure>
<h3 class="wp-block-heading">Hyatt Hotels Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>)</h3>
<ul>
<li>On Feb. 13, the company reported fourth-quarter adjusted earnings per share of 42 cents, missing the street view of 78 cents. Quarterly sales of $1.602 billion missed the analyst consensus estimate of $1.658 billion. The company's stock fell around 12% over the past five days and has a 52-week <a href="https://www.benzinga.com/quote/H">low of $125.78.</a></li>
<li>RSI Value: 26.3</li>
<li>H Price Action: Shares of Hyatt fell 1.1% to close at $279.45 on Wednesday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent021425&amp;t=be2bearmibe3na1">breakout in H share</a>s. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent021425&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="892" height="835" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14041316/image-131.png" alt="" class="wp-image-782664" style="width:543px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14041316/image-131.png 892w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14041316/image-131-300x281.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14041316/image-131-768x719.png 768w" sizes="(max-width: 892px) 100vw, 892px" /></a></figure>
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<h3>Gainers</h3>
<ul>
<li>Phoenix Motor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEV#NASDAQ">PEV</a>) stock moved upwards by 126.4% to $0.57 during Thursday's pre-market session. The company's market cap stands at $21.2 million. As per the news, the Q3 earnings report came out yesterday. </li>
<li>MGO Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGOL#NASDAQ">MGOL</a>) stock moved upwards by 36.24% to $0.62. The market value of their outstanding shares is at $5.7 million. </li>
<li>Dutch Bros (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>) shares increased by 30.58% to $84.5. The company's market cap stands at $9.6 billion. As per the press release, Q4 earnings came out yesterday. </li>
<li>Crocs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CROX#NASDAQ">CROX</a>) shares increased by 23.87% to $110.04. The company's market cap stands at $6.4 billion. As per the news, the Q4 earnings report came out today. </li>
<li>Lotus Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOT#NASDAQ">LOT</a>) stock rose 18.3% to $2.65. The market value of their outstanding shares is at $1.7 billion. </li>
<li>Autozi Internet Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZI#NASDAQ">AZI</a>) stock moved upwards by 11.65% to $0.69. The company's market cap stands at $73.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Hanesbrands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) shares declined by 23.9% to $5.84 during Thursday's pre-market session. The market value of their outstanding shares is at $2.0 billion. The company's, Q4 earnings came out today. </li>
<li>Nxu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXU#NASDAQ">NXU</a>) shares declined by 16.55% to $0.34. The company's market cap stands at $8.1 million. </li>
<li>Sacks Parente Golf (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPGC#NASDAQ">SPGC</a>) stock decreased by 12.82% to $0.64. The company's market cap stands at $5.6 million. </li>
<li>Torrid Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CURV#NYSE">CURV</a>) stock decreased by 8.09% to $5.8. The market value of their outstanding shares is at $607.5 million. </li>
<li>Visionary Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GV#NASDAQ">GV</a>) stock fell 8.01% to $1.38. The company's market cap stands at $5.2 million. </li>
<li>Fitell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTEL#NASDAQ">FTEL</a>) stock decreased by 6.96% to $0.74. The market value of their outstanding shares is at $14.9 million. 
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</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Hanesbrands shares are trading lower after the company reported worse-than-expected Q4 sales results and issued FY25 sales guidance below estimates. Also, the company issued Q1 guidance below estimates.

Shares of clothing company HanesBrands Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) are trading<a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener"> lower on Thursday </a>after the fourth-quarter FY24 earnings.
The company reported fourth-quarter sales growth of 4.5% year-on-year to $888.47 million, missing the analyst <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/b43688611/hanesbrands-announces-fourth-quarter-and-full-year-2024-results" rel="noreferrer noopener">consensus estimate of $950.27 million</a>.
On an organic constant currency basis, net sales increased 3.8% over prior year. Adjusted EPS of $0.17 <a href="https://www.benzinga.com/earnings" target="_blank" rel="noreferrer noopener">beat the analyst consensus of $0.14.</a>
U.S. net sales increased 3% over prior year, driven primarily by innerwear innovation, including Hanes Absolute Socks, Hanes Moves, Hanes Supersoft and Bali Breathe.
International sales increased 6% on a constant currency basis compared to prior year as sales grew in Australia, the Americas, and Asia.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/25/02/43673476/coca-colas-strong-pricing-power-and-expansion-strategies-make-it-attractive-say-analysts" rel="noreferrer noopener">Coca-Cola&#8217;s Strong Q4 Performance Reinforces Pricing Power, But Analysts Flag Interest Cost Risks</a>
Gross margin expanded 380 basis points Y/Y to 43.9%. Operating margin expanded 240 basis points to 13.5%, and operating income for the quarter jumped 26.7% to $119.7 million.
Inventories decreased 9% to $871 million. The company held $214.85 million in cash and equivalents as of Dec. 28, 2024. Cash flow from operations for the quarter was $67.4 million.
Outlook: HanesBrands expects FY25 sales of $3.47 billion &#8211; $3.52 billion versus an estimate of $3.655 billion. It sees FY25 adj EPS of $0.51 &#8211; $0.55 <a href="https://www.benzinga.com/calendars/guidance">versus the $0.57 estimate.</a>
For the first quarter, the company anticipates sales of $750 million, against an estimate of $785.28 million. It sees adjusted EPS of $0.02 against an estimate of $0.03.
Leadership Succession: HanesBrands also announced today that Steve Bratspies will depart as Chief Executive Officer at the end of 2025, or upon the appointment of his successor. Bratspies will step down from the Board concurrent <a href="https://www.benzinga.com//node/43688558" target="_blank" rel="noreferrer noopener">with the end of his tenure as CEO. </a>
Price Action: HBI shares are trading lower&nbsp;by 16.6% at $6.40 at the last check on Thursday.
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Hanesbrands's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) short percent of float has fallen 9.2% since its last report. The company recently reported that it has 38.33 million shares sold short, which is 15.01% of all regular shares that are available for trading. Based on its trading volume, it would take traders 8.47 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Hanesbrands Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1739459724_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Hanesbrands has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Hanesbrands's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Hanesbrands's peer group average for short interest as a percentage of float is 8.71%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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Peering Into Hanesbrands's Recent Short Interest

As part of the Company's leadership succession planning process, the Board has begun a comprehensive search to identify the Company's next CEO and has retained Spencer Stuart, a leading executive search firm, to support its work.&nbsp;

HanesBrands Says Steve Bratspies Will Depart As CEO At The End Of 2025, Or Upon Appointment Of His Successor

Guidance

HanesBrands Sees Q1 Sales Of $750M Vs. $785.28M Est; Adj EPS Of $0.02 Vs. $0.03 Est.

HanesBrands Sees FY25 Sales Of $3.47B - $3.52B Vs. $3.63B Est; Adj EPS OF $0.51 - $0.55 Vs. $0.52 Est.

Hanesbrands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) reported quarterly adjusted earnings of $0.17 per share which beat the analyst consensus estimate of $0.14 by 21.43 percent. This is a 466.67 percent increase over earnings of $0.03 per share from the same period last year. The company reported quarterly sales of $888.47 million which missed the analyst consensus estimate of $950.27 million by 6.50 percent. This is a 31.50 percent decrease over sales of $1.30 billion the same period last year.

Earnings Beats

Earnings Misses

Hanesbrands Q4 Adj $0.17 Beats $0.14 Estimate, Sales $888.47M Miss $950.27M Estimate

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Shares of companies within the broader consumer discretionary sector are trading lower possibly due to worse-than-expected Michigan consumer sentiment for February. The sector may be weighed down following weak guidance from e.l.f Beauty and Amazon.

Hanesbrands's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) short percent of float has fallen 10.0% since its last report. The company recently reported that it has 43.89 million shares sold short, which is 17.19% of all regular shares that are available for trading. Based on its trading volume, it would take traders 7.35 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Hanesbrands Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737465318_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Hanesbrands has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Hanesbrands's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Hanesbrands's peer group average for short interest as a percentage of float is 8.72%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into Hanesbrands's Recent Short Interest

Hanesbrands shares are trading higher after UBS upgraded the stock from Neutral to Buy and raised its price target from $9 to $11.

U.S. stocks were mixed, with the Dow Jones index falling more than 200 points on Tuesday.
Shares of The J. M. Smucker Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJM#NYSE">SJM</a>) rose sharply during Tuesday's session after the company reported better-than-expected second-quarter financial results and raised its FY25 adjusted EPS guidance with its <a href="https://www.benzinga.com/news/earnings/24/11/42189572/j-m-smucker-q2-earnings-beat-17-sales-surge-fy25-eps-outlook-boost-more">midpoint above estimates.</a>
Smucker shares surged 6.2% to $120.60 on Tuesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Hesai Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSAI#NASDAQ">HSAI</a>) shares jumped 59% to $7.55 after the company reported better-than-expected third-quarter sales results.</li>
<li>Embecta Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMBC#NASDAQ">EMBC</a>) gained 30.2% to $18.76 after the company reported better-than-expected fourth-quarter financial results and issued FY25 adjusted EPS guidance above estimates.</li>
<li>LexinFintech Holdings Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LX#NASDAQ">LX</a>) surged 22.8% to $4.1750 after the company announced its board approved an amendment for a dividend policy to increase the payout ratio. Also, the company reported third-quarter financial results.</li>
<li>Semtech Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) gained 20.3% to $64.32 as the company reported better-than-expected third-quarter financial results and issued fourth-quarter guidance with its midpoint above estimates.</li>
<li>Arrowhead Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARWR#NASDAQ">ARWR</a>) gained 18.1% to $22.17 after the company entered into a global licensing and collaboration agreement with Sarepta Therapeutics for multiple clinical and preclinical siRNA programs.</li>
<li>Neurogene Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NGNE#NASDAQ">NGNE</a>) shares rose 15% to $25.65.</li>
<li>SmartRent, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMRT#NYSE">SMRT</a>) gained 13.8% to $1.8450.</li>
<li>Sangamo Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGMO#NASDAQ">SGMO</a>) gained 12.6% to $2.1850.</li>
<li>POET Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POET#NASDAQ">POET</a>) surged 12.2% to $4.77. POET Technologies recently announced plans to expand its capacity.</li>
<li>Sarepta Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRPT#NASDAQ">SRPT</a>) shares gained 9.1% to $125.10 after the company announced a global licensing and collaboration agreement with Arrowhead Pharmaceuticals for multiple clinical and preclinical siRNA programs.</li>
<li>NRG Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>) gained 8% to $99.21 after Jefferies upgraded the stock from Hold to Buy and raised its price target from $93 to $113.</li>
<li>Exact Sciences Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXAS#NASDAQ">EXAS</a>) surged 7.8% to $59.45. The company announced it will present 10 abstracts at SABCS.</li>
<li>Woodward, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WWD#NASDAQ">WWD</a>) surged 7.4% to $192.62 after the company reported better-than-expected fourth-quarter EPS and sales.</li>
<li>Rocket Lab USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) gained 7.3% to $25.82.</li>
<li>Hanesbrands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) gained 5.8% to $8.94. UBS analyst Jay Sole upgraded Hanesbrands from Neutral to Buy and raised the price target from $9 to $11.</li>
</ul>
Now Read This:
<ul>
<li> <a href="https://www.benzinga.com/24/11/42190113/starbucks-to-rally-around-13-here-are-10-top-analyst-forecasts-for-tuesday">Starbucks To Rally Around 13%? Here Are 10 Top Analyst Forecasts For Tuesday</a></li>
</ul>

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Wells Fargo analyst Michael Sison upgraded the rating for Eastman Chemical Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMN#NYSE">EMN</a>) from Equal-Weight to Overweight and boosted the price target from $110 to $125. Eastman Chemical shares closed at $105.84 on Monday. <a href="https://www.benzinga.com/quote/EMN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>DA Davidson analyst Jeff Rulis upgraded the rating for First Interstate BancSystem, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>) from Neutral to Buy and raised the price target from $32 to $42. First Interstate BancSys shares closed at $35.47 on Monday. <a href="https://www.benzinga.com/quote/FIBK/analyst-ratings">See how other analysts view this stock.</a></li>
<li>UBS analyst Jay Sole upgraded Hanesbrands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) from Neutral to Buy and increased the price target from $9 to $11. Hanesbrands Bank shares closed at $8.45 on Monday. <a href="https://www.benzinga.com/quote/HBI/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wells Fargo analyst Matthew Akers upgraded Science Applications International Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIC#NASDAQ">SAIC</a>) from Equal-Weight to Overweight but lowered the price target from $157 to $147. Science Applications shares closed at $122.22 on Monday. <a href="https://www.benzinga.com/quote/SAIC/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Guggenheim analyst Robert Drbul upgraded Capri Holdings Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPRI#NYSE">CPRI</a>) from Neutral to Buy and announced a $30 price target. Capri shares closed at $21.54 on Monday. <a href="https://www.benzinga.com/quote/CPRI/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying EMN stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="572" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26080232/image-278-1024x572.png" alt="" class="wp-image-665275" style="width:519px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26080232/image-278-1024x572.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26080232/image-278-300x168.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26080232/image-278-768x429.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26080232/image-278.png 1136w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Upgrades

CPRI

FIBK

SAIC

This Eastman Chemical Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday

UBS analyst Jay Sole upgrades Hanesbrands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) from Neutral to Buy and raises the price target from $9 to $11.

UBS Upgrades Hanesbrands to Buy, Raises Price Target to $11

Barclays analyst Adrienne Yih maintains Hanesbrands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) with a Equal-Weight and raises the price target from $6 to $7.

Barclays Maintains Equal-Weight on Hanesbrands, Raises Price Target to $7

Hanesbrands shares are trading higher after the company reported better-than-expected Q3 adjusted EPS results and issued Q4 sales guidance above estimates.

U.S. stocks were higher, with the Nasdaq Composite gaining around 200 points on Thursday.
Shares of HubSpot, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBS#NYSE">HUBS</a>) rose sharply during Thursday's session after the company reported better-than-expected third-quarter financial results and issued FY24 <a href="https://www.benzinga.com/news/earnings/24/11/41790530/hubspot-shares-climb-after-strong-q3-results-eps-beat-revenues-beat">guidance above estimates</a>.
HubSpot reported quarterly earnings of $2.22 per share, which beat the analyst consensus estimate of $1.91. Quarterly revenue clocked in at $669.7 million which beat the analyst consensus estimate of $646.9 million and is an increase over sales of $557.55 million from the same period last year.
HubSpot shares jumped 7.9% to $645.11 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) shares jumped 47% to $247.63 after the company reported better-than-expected third-quarter financial results.</li>
<li>Dutch Bros Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>) surged 39% to $48.57 following third-quarter earnings.</li>
<li>Emergent BioSolutions Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBS#NYSE">EBS</a>) gained 34.8% to $12.40 after the company announced it evaluated the safety and efficacy of its new clinical trial of Brincidofovir in treating Mpox across Africa. PANTHER will conduct a clinical trial under The Leadership of Africa Centres for Disease Control and Prevention.</li>
<li>FARO Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FARO#NASDAQ">FARO</a>) gained 32.8% to $25.07 following third-quarter results.</li>
<li>Under Armour, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAA#NYSE">UAA</a>) gained 32.7% to $11.61 after the company reported better-than-expected quarterly EPS and sales.</li>
<li>Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) gained 28.2% to $18.46 after the company reported better-than-expected quarterly financial results.</li>
<li>Freshworks Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRSH#NASDAQ">FRSH</a>) jumped 26.2% to $16.51 following upbeat quarterly results.</li>
<li>Wolverine World Wide, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WWW#NYSE">WWW</a>) jumped 26.2% to $20.25 following strong quarterly results.</li>
<li>Zillow Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZG#NASDAQ">ZG</a>) gained 22.4% to $68.66 after the company reported better-than-expected quarterly financial results.</li>
<li>IonQ, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>) rose 21.4% to $19.98 following third-quarter results.</li>
<li>Clearwater Analytics Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CWAN#NYSE">CWAN</a>) gained 20.9% to $34.56 following better-than-expected quarterly earnings.</li>
<li>Hanesbrands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) gained 17% to $8.32 following upbeat earnings.</li>
<li>e.l.f. Beauty, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>) rose 16% to $120.80 following stronger-than-expected quarterly earnings.</li>
<li>Guardant Health, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GH#NASDAQ">GH</a>) gained 15.5% to $29.20 after the company reported better-than-expected third-quarter financial results and raised its FY24 revenue guidance above estimates.</li>
<li>Kyndryl Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KD#NYSE">KD</a>) gained 15.3% to $27.81 after reporting upbeat quarterly results.</li>
<li>Warner Bros. Discovery, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NYSE">WBD</a>) surged 14.7% to $9.61 following third-quarter earnings.</li>
<li>EPAM Systems, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPAM#NYSE">EPAM</a>) gained 13.7% to $230.60 after the company reported better-than-expected third-quarter financial results and issued FY24 guidance above estimates.</li>
<li>McKesson Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCK#NYSE">MCK</a>) rose 10.4% to $606.61 as the company reported better-than-expected second-quarter financial results.</li>
<li>Mobileye Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) gained 9.7% to $16.95.</li>
<li>The Estée Lauder Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EL#NYSE">EL</a>) gained 6.6% to $67.46.</li>
<li>Arm Holdings plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NYSE">ARM</a>) gained 5.4% to $152.43 following second-quarter results.</li>
</ul>
Now Read This:<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/41806634/jim-cramer-recommends-buying-this-utilities-stock-says-no-to-xp"> </a>
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/41806634/jim-cramer-recommends-buying-this-utilities-stock-says-no-to-xp">Jim Cramer Recommends Buying This Utilities Stock, Says No To XP</a></li>
</ul>

CWAN

EPAM

FARO

FRSH

HUBS

IONQ

LYFT

MBLY

HubSpot Posts Better-Than-Expected Results, Joins Under Armour, Lyft, Wolverine World Wide, Zillow And Other Big Stocks Moving Higher On Thursday

Press Releases

HanesBrands Announces Second-Quarter 2024 Results

HanesBrands Completes Sale of Global Champion Business to Authentic Brands Group

HanesBrands Provides Details for Third-Quarter 2024 Earnings Announcement and Investor Conference Call

Harley-Davidson and Champion Reignite Their Partnership with a Bold New Capsule Collection

HanesBrands Announces Third-Quarter 2024 Results

HanesBrands Celebrates 15 Years of Hanes for Good, Donating Over 6 Million Essential Apparel Items to Support the Unhoused Community Nationwide

"If You Wouldn't Flaunt It, Refresh It!" HanesBrands Encourages a Fresh Look at Your Underwear Drawer

HanesBrands Provides Details for Fourth-Quarter 2024 Earnings Announcement and Investor Conference Call

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