WHOLE EARTH BRANDS INC (FREE) Forecast, Price Target & Analyst Ratings

NASDAQ:FREE • US96684W1009

Current stock price

4.87 USD
-0.01 (-0.2%)
At close:
4.88 USD
+0.01 (+0.21%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for WHOLE EARTH BRANDS INC (FREE).

Forecast Snapshot

Consensus Price Target

Price Target
$5.36
+ 9.96% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Nov 7, 2024
Period
Q2 / 2024
EPS Estimate
-$0.02
Revenue Estimate
141.29M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
45.71%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$5.36
Upside
+ 9.96%
From current price of $4.87 to mean target of $5.36, Based on 7 analyst forecasts
Low
$4.92
Median
$4.98
High
$6.30

Price Target Revisions

1 Month
0.00%
3 Months
1.79%

Price Target Summary

7 Wall Street analysts provided a forecast for the next 12 months for FREE. The average price target is 5.36 USD. This implies a price increase of 9.96% is expected in the next year compared to the current price of 4.87.
The average price target has been revised upward by 1.79% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

FREE Current Analyst RatingFREE Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

FREE Historical Analyst RatingsFREE Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
45.71%
FREE was analyzed by 7 analysts. The buy percentage consensus is at 46. So analysts seem to be rather neutral about FREE.
In the previous month the buy percentage consensus was at a similar level.
FREE was analyzed by 7 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2024-02-14Imperial CapitalDowngrade Outperform -> Neutral
2023-07-18Canaccord GenuityReiterate Buy -> Buy
2023-05-11Canaccord GenuityMaintains Buy -> Buy
2023-03-14Canaccord GenuityMaintains Buy
2021-12-15Cowen & Co.Initiate Outperform
2021-09-24Roth CapitalMaintains Buy
2021-07-14Canaccord GenuityInitiate Buy
2021-02-12JefferiesInitiate Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Nov 7, 2024
Period
Q2 / 2024
EPS Estimate
-$0.02
Revenue Estimate
141.29M
Revenue Q2Q
6.31%
EPS Q2Q
84.31%
Number of Analysts
3

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%

Next Earnings Summary

FREE is expected to report earnings on 11/7/2024. The consensus EPS estimate for the next earnings is -0.02 USD and the consensus revenue estimate is 141.29M USD.
The next earnings revenue estimate has been revised downward by 0% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2024 - 2028

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2021 2022 2023 2024 2025 2026 2027 2028
Revenue
YoY % growth
FREE revenue by date.FREE revenue by date.
494M
79.31%		538.3M
8.97%		550.913M
2.34%		582.32M
5.70%		615.2M
5.65%		657.9M
6.94%		694.62M
5.58%		733.48M
5.59%
EBITDA
YoY % growth
FREE ebitda by date.FREE ebitda by date.
50.33M
343.83%		46.52M
-7.57%		47.961M
3.10%		85.068M
77.37%		91.596M
7.67%		104.14M
13.69%		112.51M
8.04%		121.69M
8.16%
EBIT
YoY % growth
FREE ebit by date.FREE ebit by date.
27.3M
1,150.00%		21.9M
-19.78%		22.625M
3.31%		30.326M
34.04%		55.182M
81.96%		65.892M
19.41%		78.744M
19.50%		N/A
Operating Margin
FREE operating margin by date.FREE operating margin by date.
5.53%4.07%4.11%5.21%8.97%10.02%11.34%N/A
EPS
YoY % growth
FREE eps by date.FREE eps by date.
-0.06
72.77%		-0.29
-383.33%		-0.90
-210.34%		-0.09
89.80%		0.42
555.56%		0.63
51.22%		0.88
38.71%		N/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth		-0.02
84.31%		-0.03
76.46%		-0.01
94.00%
Revenue
Q2Q % growth		141.29M
6.31%		142.92M
6.32%		149.36M
-1.19%
EBITDA
Q2Q % growth		21.737M
37.40%		21.872M
-14.86%		22.419M
-36.40%
EBIT
Q2Q % growth		7.385M
146.17%		7.525M
12.97%		8.076M
-18.54%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

FREE Yearly Revenue VS EstimatesFREE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M
FREE Yearly EPS VS EstimatesFREE Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 0 0.5 -0.5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
39.29%
EPS Next 5 Year
31.33%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
5.81%
Revenue Next 5 Year
5.72%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
65.32%
EBIT Next 5 Year
39.48%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

WHOLE EARTH BRANDS INC / FREE Forecast FAQ

Can you provide the average price target for WHOLE EARTH BRANDS INC stock?

7 analysts have analysed FREE and the average price target is 5.36 USD. This implies a price increase of 9.96% is expected in the next year compared to the current price of 4.87.

Can you provide the upcoming earnings date for WHOLE EARTH BRANDS INC?

WHOLE EARTH BRANDS INC (FREE) will report earnings on 2024-11-07, before the market open.

Can you provide the consensus estimates for WHOLE EARTH BRANDS INC next earnings?

The consensus EPS estimate for the next earnings of WHOLE EARTH BRANDS INC (FREE) is -0.02 USD and the consensus revenue estimate is 141.29M USD.

What is the expected long term growth rate for WHOLE EARTH BRANDS INC (FREE)?

The expected long term growth rate for WHOLE EARTH BRANDS INC (FREE) is 5.81%.