European Wax Center (EWCZ) Stock Forecast & Price Target

$6.89

+0.11 (+1.62%)

(As of 09/6/2024 ET)

European Wax Center - 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

Moderate Buy
Based on 7 Analyst Ratings

Based on 7 Wall Street analysts who have issued ratings for European Wax Center in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 3 have given a hold rating, and 4 have given a buy rating for EWCZ.

Consensus Price Target

$8.79
27.51% Upside

High Forecast	$16.00
Average Forecast	$8.79
Low Forecast	$5.00

According to the 7 analysts' twelve-month price targets for European Wax Center, the average price target is $8.79. The highest price target for EWCZ is $16.00, while the lowest price target for EWCZ is $5.00. The average price target represents a forecasted upside of 27.51% from the current price of $6.89.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	2 Buy rating(s)
Hold	3 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	$8.79	$15.00	$16.33	$21.33
Forecasted Upside	27.51% Upside	32.43% Upside	32.40% Upside	25.77% Upside

Get European Wax Center Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for EWCZ and its competitors with MarketBeat's FREE daily newsletter.

Ad Behind the Markets

NASDAQ to crash 50%?

During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...

Click here to learn more >>>

EWCZ 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.

EWCZ 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.

European Wax Center Stock vs. The Competition

Type	European Wax Center	Consumer Staples Companies	S&P 500
Consensus Rating Score	2.57	2.43	2.51
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	27.51% Upside	604.62% Upside	11.36% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/21/2024	Bank of America 4 of 5 stars		Lower Target	Buy ➝ Buy	$16.00 ➝ $8.00	+24.80%
8/15/2024	Morgan Stanley 3 of 5 stars		Lower Target	Equal Weight ➝ Equal Weight	$14.00 ➝ $5.00	-4.03%
8/15/2024	Truist Financial 1 of 5 stars		Lower Target	Buy ➝ Buy	$16.00 ➝ $8.00	+53.55%
8/15/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$13.00 ➝ $7.00	+38.34%
8/15/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Crago Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$16.00 ➝ $5.50	+8.70%
8/14/2024	Telsey Advisory Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$16.00 ➝ $16.00	+213.11%
Get the Latest News and Ratings for EWCZ and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for European Wax Center and its competitors with MarketBeat's FREE daily newsletter.
7/11/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$15.00 ➝ $12.00	+26.45%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:41 PM ET.

EWCZ Forecast - Frequently Asked Questions

What is European Wax Center's forecast for 2024?: According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for European Wax Center is $8.79, with a high forecast of $16.00 and a low forecast of $5.00.
Should I buy or sell European Wax Center stock right now?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for European Wax Center in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" EWCZ shares.
Does European Wax Center's stock price have much upside?: According to analysts, European Wax Center's stock has a predicted upside of 48.01% based on their 12-month stock forecasts.
Has European Wax Center been downgraded by Wall Street analysts recently?: Over the previous 90 days, European Wax Center's stock had 1 downgrade by analysts.
What analysts cover European Wax Center?: European Wax Center has been rated by research analysts at Bank of America, Citigroup, Morgan Stanley, Piper Sandler, Robert W. Baird, Telsey Advisory Group, and Truist Financial in the past 90 days.
Do Wall Street analysts like European Wax Center more than its competitors?: Analysts like European Wax Center more than other "consumer staples" companies. The consensus rating for European Wax Center is Moderate Buy while the average consensus rating for "consumer staples" companies is Hold. Learn more on how EWCZ compares to other companies.