Can you provide the average price target for JOANN INC stock?
8 analysts have analysed JOAN and the average price target is 1.53 USD. This implies a price increase of 1478.95% is expected in the next year compared to the current price of 0.0969.
JOANN INC (JOAN) Forecast, Price Target & Analyst Ratings
NASDAQ:JOAN • US47768J1016
Current stock price
0.0969 USD
-0.01 (-11.91%)
At close:
0.0893 USD
-0.01 (-7.84%)
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 JOANN INC (JOAN).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Jun 3, 2024
- Period
- Q4 / 2024
- EPS Estimate
- $0.23
- Revenue Estimate
- 724M
Price Target Details & History
Consensus Price Target and Range
Mean target
$1.53
Upside
+ 1,478.95%
From current price of $0.10 to mean target of $1.53, Based on 8 analyst forecasts
Low
$1.52
Median
$1.53
High
$1.58
Price Target Revisions
1 Month
50.00%
3 Months
41.18%
Price Target Summary
8 Wall Street analysts provided a forecast for the next 12 months for JOAN. The average price target is 1.53 USD. This implies a price increase of 1478.95% is expected in the next year compared to the current price of 0.0969.
The average price target has been revised upward by 41.18% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
47.50%
JOAN was analyzed by 8 analysts. The buy percentage consensus is at 48. So analysts seem to be rather neutral about JOAN.
In the previous month the buy percentage consensus was at a similar level.
JOAN was analyzed by 8 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-12-05 | Telsey Advisory Group | Reiterate | Market Perform -> Market Perform |
| 2023-12-05 | Wells Fargo | Maintains | Equal-Weight -> Equal-Weight |
| 2023-11-30 | Telsey Advisory Group | Maintains | Market Perform -> Market Perform |
| 2023-08-29 | Loop Capital | Maintains | Hold -> Hold |
| 2023-08-29 | Telsey Advisory Group | Reiterate | Market Perform -> Market Perform |
| 2023-08-25 | Telsey Advisory Group | Maintains | Market Perform -> Market Perform |
| 2023-06-06 | Telsey Advisory Group | Reiterate | Market Perform -> Market Perform |
| 2023-06-06 | Wells Fargo | Maintains | Equal-Weight -> Equal-Weight |
| 2023-06-06 | Piper Sandler | Maintains | Neutral -> Neutral |
| 2023-06-01 | Telsey Advisory Group | Reiterate | Market Perform -> Market Perform |
| 2023-05-10 | Telsey Advisory Group | Reiterate | Market Perform |
| 2023-03-28 | B of A Securities | Maintains | Underperform |
| 2023-03-24 | Loop Capital | Maintains | Hold |
| 2023-03-24 | Telsey Advisory Group | Reiterate | Market Perform |
| 2023-03-24 | Wells Fargo | Maintains | Equal-Weight |
| 2023-03-20 | Telsey Advisory Group | Maintains | Market Perform |
| 2023-01-05 | Wells Fargo | Maintains | Equal-Weight |
| 2022-12-13 | Telsey Advisory Group | Maintains | Market Perform |
| 2022-12-09 | Telsey Advisory Group | Maintains | Market Perform |
| 2022-09-02 | Wells Fargo | Maintains | Equal-Weight |
| 2022-08-31 | B of A Securities | Downgrade | Neutral -> Underperform |
| 2022-06-29 | Loop Capital | Downgrade | Buy -> Hold |
| 2022-06-06 | Barclays | Maintains | Underweight |
| 2022-06-06 | Piper Sandler | Maintains | Neutral |
| 2022-06-03 | Loop Capital | Maintains | Buy |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Jun 3, 2024
- Period
- Q4 / 2024
- EPS Estimate
- $0.23
- Revenue Estimate
- 724M
- Revenue Q2Q
- 4.50%
- EPS Q2Q
- 235.14%
- Number of Analysts
- 3
Next Earnings Revisions
Revenue (1 Month)
-0.04%
Revenue (3 Months)
1.62%
EPS (1 Month)
-35.51%
EPS (3 Months)
-47.25%
Next Earnings Summary
JOAN is expected to report earnings on 6/3/2024. The consensus EPS estimate for the next earnings is 0.23 USD and the consensus revenue estimate is 724.00M USD.
The next earnings revenue estimate has been revised upward by 1.62% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 2.762B 23.25% | 2.418B -12.48% | 2.217B -8.30% | 2.226B 0.41% | 2.196B -1.35% | 2.21B 0.64% | 2.231B 0.95% | 2.254B 1.03% | |
| EBITDA YoY % growth | 234.2M 83.11% | 179.8M -23.23% | -33.2M -118.46% | 93.713M 382.27% | 96.696M 3.18% | 125.72M 30.02% | 150.35M 19.59% | 151.88M 1.02% | |
| EBIT YoY % growth | 154.2M 205.95% | 99.7M -35.34% | -113.6M -213.94% | 204K 100.18% | 31.79M 15,483.33% | 46.206M 45.35% | 69.972M 51.43% | 70.686M 1.02% | |
| Operating Margin | 5.58% | 4.12% | -5.12% | 0.01% | 1.45% | 2.09% | 3.14% | 3.14% | |
| EPS YoY % growth | N/A | 2.15 | -0.84 -139.07% | -2.27 -170.79% | -1.68 26.23% | -0.83 50.46% | -0.39 53.37% | -0.37 5.26% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | |
|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.23 235.14% | -0.78 16.65% | -1.19 17.12% | -0.37 -74.86% | 0.56 140.22% |
| Revenue Q2Q % growth | 724M 4.50% | 480.32M 0.46% | 462.88M 2.00% | 551.92M 2.25% | 692.86M -4.30% |
| EBITDA Q2Q % growth | 69.564M -9.30% | 9.588M 168.98% | -14.586M 17.13% | 30.192M -36.97% | 76.449M 9.90% |
| EBIT Q2Q % growth | 51.51M 1,492.16% | -10.251M 70.03% | -32.028M 43.61% | 25.959M 289.48% | 57.086M 10.83% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
0.34%
EPS Next 5 Year
9.34%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
-0.60%
Revenue Next 5 Year
0.04%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
47.29%
EBIT Next 5 Year
31.02%
JOANN INC / JOAN Forecast FAQ
Can you provide the upcoming earnings date for JOANN INC?
JOANN INC (JOAN) will report earnings on 2024-06-03, after the market close.
What are the consensus estimates for JOAN stock next earnings?
The consensus EPS estimate for the next earnings of JOANN INC (JOAN) is 0.23 USD and the consensus revenue estimate is 724.00M USD.
How many analysts cover JOANN INC (JOAN) stock?
The number of analysts covering JOANN INC (JOAN) is 8.