Potbelly Corporation (PBPB)
NASDAQ: PBPB · IEX Real-Time Price · USD
8.95
+0.15 (1.70%)
At close: May 31, 2024, 4:00 PM
8.61
-0.34 (-3.80%)
After-hours: May 31, 2024, 7:54 PM EDT
Potbelly Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Potbelly stock have an average target of 17, with a low estimate of 15 and a high estimate of 20. The average target predicts an increase of 89.94% from the current stock price of 8.95.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Potbelly stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $16 | Strong Buy | Reiterates | $16 | +78.77% | May 28, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $15 → $16 | Strong Buy | Maintains | $15 → $16 | +78.77% | Mar 8, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $13 → $15 | Strong Buy | Maintains | $13 → $15 | +67.60% | Mar 8, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $16 → $20 | Strong Buy | Maintains | $16 → $20 | +123.46% | Mar 8, 2024 |
| Benchmark | Benchmark | Hold → Strong Buy Upgrades $15 | Hold → Strong Buy | Upgrades | $15 | +67.60% | Jan 12, 2024 |
Financial Forecast
Revenue This Year
479.09M
from 491.41M
Decreased by -2.51%
Revenue Next Year
491.43M
from 479.09M
Increased by 2.58%
EPS This Year
0.22
from 0.17
Increased by 29.00%
EPS Next Year
0.31
from 0.22
Increased by 41.86%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 497.7M | 515.5M |
| Avg | 479.1M | 491.4M |
| Low | 457.8M | 460.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 1.3% | 7.6% |
| Avg | -2.5% | 2.6% |
| Low | -6.8% | -3.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.30 | 0.46 |
| Avg | 0.22 | 0.31 |
| Low | 0.18 | 0.23 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 79.1% | 110.7% |
| Avg | 29.0% | 41.9% |
| Low | 3.8% | 2.8% |
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.