What is the price target for WTER stock?
7 analysts have analysed WTER and the average price target is 22.95 USD. This implies a price increase of 8726.92% is expected in the next year compared to the current price of 0.26.
ALKALINE WATER CO INC/THE (WTER) Forecast, Price Target & Analyst Ratings
NASDAQ:WTER • US01643A3068
Current stock price
0.26 USD
-0.02 (-8.42%)
At close:
0.235 USD
-0.03 (-9.62%)
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 ALKALINE WATER CO INC/THE (WTER).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Feb 26, 2024
- Period
- Q2 / 2024
- EPS Estimate
- -$0.31
- Revenue Estimate
- 24.359M
Price Target Details & History
Consensus Price Target and Range
Mean target
$22.95
Upside
+ 8,726.92%
From current price of $0.26 to mean target of $22.95, Based on 7 analyst forecasts
Low
$22.73
Median
$22.95
High
$23.63
Price Target Revisions
1 Month
0.00%
3 Months
0.00%
Price Target Summary
7 Wall Street analysts provided a forecast for the next 12 months for WTER. The average price target is 22.95 USD. This implies a price increase of 8726.92% is expected in the next year compared to the current price of 0.26.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
82.86%
WTER was analyzed by 7 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about WTER.
In the previous month the buy percentage consensus was at a similar level.
WTER was analyzed by 7 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2021-07-07 | Canaccord Genuity | Downgrade | Hold -> Sell |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Feb 26, 2024
- Period
- Q2 / 2024
- EPS Estimate
- -$0.31
- Revenue Estimate
- 24.359M
- Revenue Q2Q
- 24.47%
- EPS Q2Q
- 49.00%
- 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
WTER is expected to report earnings on 2/26/2024. The consensus EPS estimate for the next earnings is -0.31 USD and the consensus revenue estimate is 24.36M USD.
The next earnings revenue estimate has been revised downward by 0% 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 | ||
|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 46.07M 19.88% | 54.77M 18.88% | 63.78M 16.45% | 93.373M 46.40% | 113.91M 21.99% | 138.98M 22.01% | |
| EBITDA YoY % growth | -14.83M -10.92% | -38.2M -157.59% | -21.12M 44.71% | -378.42K 98.21% | 7.12M 1,981.51% | 11.82M 66.01% | |
| EBIT YoY % growth | -15.83M -10.08% | -39M -146.37% | -22.02M 43.54% | -8.334M 62.15% | -1.856M 77.73% | 1.824M 198.25% | |
| Operating Margin | -34.36% | -71.21% | -34.52% | -8.93% | -1.63% | 1.31% | |
| EPS YoY % growth | -0.23 32.35% | -3.34 -1,352.17% | N/A 12.96% | -1.38 52.63% | -0.61 55.56% | 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 | -0.31 49.00% | -0.31 32.00% | -0.31 33.33% |
| Revenue Q2Q % growth | 24.359M 24.47% | 23.222M 46.33% | 24.769M 98.15% |
| EBITDA Q2Q % growth | -215.22K 95.38% | -96.9K 96.72% | 181.56K 102.92% |
| EBIT Q2Q % growth | -2.204M 56.52% | -2.086M 41.41% | -1.807M 74.58% |
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
N/A
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
22.00%
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
37.49%
EBIT Next 5 Year
N/A
ALKALINE WATER CO INC/THE / WTER Forecast FAQ
When does ALKALINE WATER CO INC/THE (WTER) report earnings?
ALKALINE WATER CO INC/THE (WTER) will report earnings on 2024-02-26, after the market close.
What are the consensus estimates for ALKALINE WATER CO INC/THE (WTER) next earnings?
The consensus EPS estimate for the next earnings of ALKALINE WATER CO INC/THE (WTER) is -0.31 USD and the consensus revenue estimate is 24.36M USD.
Can you provide the expected long term growth rate for ALKALINE WATER CO INC/THE stock?
The expected long term growth rate for ALKALINE WATER CO INC/THE (WTER) is 22%.