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Brilliant Earth Group (BRLT) Stock Forecast & Price Target

$2.22
+0.07 (+3.26%)
(As of 08/12/2024 ET)

Brilliant Earth Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 4 Wall Street analysts who have issued ratings for Brilliant Earth Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 4 analysts, 2 have given a hold rating, and 2 have given a buy rating for BRLT.

Consensus Price Target

$3.00
35.14% Upside
High Forecast$3.00
Average Forecast$3.00
Low Forecast$3.00

According to the 4 analysts' twelve-month price targets for Brilliant Earth Group, the average price target is $3.00. The highest price target for BRLT is $3.00, while the lowest price target for BRLT is $3.00. The average price target represents a forecasted upside of 35.14% from the current price of $2.22.

TypeCurrent Forecast
8/13/23 to 8/12/24
1 Month Ago
7/14/23 to 7/13/24
3 Months Ago
5/15/23 to 5/14/24
1 Year Ago
8/13/22 to 8/13/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
4 Buy rating(s)
Hold
2 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$3.00$3.33$3.33$6.50
Forecasted Upside35.14% Upside18.84% Upside18.84% Upside61.14% Upside
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BRLT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BRLT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Brilliant Earth Group Stock vs. The Competition

TypeBrilliant Earth GroupRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.50
2.45
2.51
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside35.14% Upside154.78% Upside13.04% Upside
News Sentiment RatingNeutral News
Neutral News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/9/2024Telsey Advisory Group
2 of 5 stars
 Lower TargetOutperform ➝ Outperform$4.00 ➝ $3.00+20.97%
8/9/2024William Blair
2 of 5 stars
 DowngradeOutperform ➝ Market Perform
4/29/2024KeyCorp
3 of 5 stars
 Lower TargetOverweight ➝ Overweight$6.00 ➝ $3.00+13.64%
3/15/2024TD Cowen
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 Lower TargetMarket Perform ➝ Market Perform$3.40 ➝ $3.00-3.23%
4/20/2023Raymond James
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 DowngradeOutperform ➝ Market Perform
3/16/2023Credit Suisse Group
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 Lower TargetOutperform$10.00 ➝ $8.00+105.66%
3/16/2023JPMorgan Chase & Co.
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 Lower TargetNeutral$6.00 ➝ $5.00+28.53%
3/16/2023Piper Sandler
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 Lower Target$7.50 ➝ $6.00+37.61%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 11:01 PM ET.

BRLT Forecast - Frequently Asked Questions

What is Brilliant Earth Group's forecast for 2024?

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Brilliant Earth Group is $3.00, with a high forecast of $3.00 and a low forecast of $3.00.

Should I buy or sell Brilliant Earth Group stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brilliant Earth Group in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BRLT shares.

Does Brilliant Earth Group's stock price have much upside?

According to analysts, Brilliant Earth Group's stock has a predicted upside of 9.49% based on their 12-month stock forecasts.

Has Brilliant Earth Group been downgraded by Wall Street analysts recently?

Over the previous 90 days, Brilliant Earth Group's stock had 1 downgrade by analysts.

What analysts cover Brilliant Earth Group?

Brilliant Earth Group has been rated by research analysts at Telsey Advisory Group, and William Blair in the past 90 days.

Do Wall Street analysts like Brilliant Earth Group more than its competitors?

Analysts like Brilliant Earth Group more than other "retail/wholesale" companies. The consensus rating for Brilliant Earth Group is Moderate Buy while the average consensus rating for "retail/wholesale" companies is Hold. Learn more on how BRLT compares to other companies.


This page (NASDAQ:BRLT) was last updated on 8/12/2024 by MarketBeat.com Staff

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