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The Honest Co Inc has a consensus price target of $6.03 based on the ratings of 11 analysts. The high is $9.5 issued by Northland Capital Markets on December 4, 2024. The low is $4 issued by Morgan Stanley on March 7, 2024. The 3 most-recent analyst ratings were released by Loop Capital, Northland Capital Markets, and Telsey Advisory Group on December 17, 2024, December 4, 2024, and November 13, 2024, respectively. With an average price target of $7.5 between Loop Capital, Northland Capital Markets, and Telsey Advisory Group, there's an implied 14.01% 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 Loop Capital on December 17, 2024. The analyst firm set a price target for $7.00 expecting HNST to rise to within 12 months (a possible 6.41% upside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for Honest Co (NASDAQ:HNST) was provided by Loop Capital, and Honest Co downgraded their hold 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 December 17, 2024 when Loop Capital changed their price target from $7 to $7 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 December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.
While ratings are subjective and will change, the latest Honest Co (HNST) rating was a downgraded with a price target of $7.00 to $7.00. The current price Honest Co (HNST) is trading at is $6.58, which is out of the analyst’s predicted range.
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