Newell Brands Inc. (NWL)
NASDAQ: NWL · IEX Real-Time Price · USD
8.27
+0.16 (1.91%)
May 20, 2024, 12:11 PM EDT - Market open
Newell Brands Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Newell Brands stock have an average target of 8.31, with a low estimate of 7.50 and a high estimate of 10. The average target predicts an increase of 0.54% from the current stock price of 8.27.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Newell Brands stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 7 | 7 | 8 | 8 | 8 | 9 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 11 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Sell → Hold Upgrades $8 | Sell → Hold | Upgrades | $8 | -3.21% | May 14, 2024 |
| Barclays | Barclays | Sell Maintains $6 → $7 | Sell | Maintains | $6 → $7 | -15.31% | Apr 30, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $7 → $8 | Hold | Maintains | $7 → $8 | -3.21% | Apr 29, 2024 |
| Citigroup | Citigroup | Hold Maintains $7.5 → $8 | Hold | Maintains | $7.5 → $8 | -3.21% | Apr 29, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $9 → $10 | Strong Buy | Maintains | $9 → $10 | +20.99% | Apr 29, 2024 |
Financial Forecast
Revenue This Year
7.69B
from 8.13B
Decreased by -5.47%
Revenue Next Year
7.77B
from 7.69B
Increased by 1.09%
EPS This Year
0.58
from -0.94
EPS Next Year
0.76
from 0.58
Increased by 32.35%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.1B | 8.3B | 8.5B | 8.9B | 8.4B |
| Avg | 7.7B | 7.8B | 8.0B | 8.3B | 8.1B |
| Low | 7.4B | 7.3B | 7.6B | 7.8B | 7.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.7% | 8.0% | 8.9% | 11.3% | 2.3% |
| Avg | -5.5% | 1.1% | 2.4% | 3.7% | -1.6% |
| Low | -9.1% | -5.0% | -2.7% | -2.6% | -4.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.64 | 0.97 | 1.08 | 1.11 | 1.15 |
| Avg | 0.58 | 0.76 | 0.92 | 1.07 | 1.11 |
| Low | 0.53 | 0.67 | 0.71 | 1.04 | 1.07 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 67.3% | 41.6% | 20.5% | 7.3% |
| Avg | - | 32.4% | 21.0% | 15.9% | 3.2% |
| Low | - | 15.4% | -7.6% | 12.5% | 0.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.