Newell Brands (NWL) Stock Forecast & Price Target

$7.10

-0.51 (-6.70%)

(As of 09/9/2024 ET)

Newell Brands - 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

Hold
Based on 11 Analyst Ratings

Based on 11 Wall Street analysts who have issued ratings for Newell Brands in the last 12 months, the stock has a consensus rating of "Hold." Out of the 11 analysts, 1 has given a sell rating, 9 have given a hold rating, and 1 has given a buy rating for NWL.

Consensus Price Target

$8.82
24.20% Upside

High Forecast	$12.00
Average Forecast	$8.82
Low Forecast	$6.25

According to the 11 analysts' twelve-month price targets for Newell Brands, the average price target is $8.82. The highest price target for NWL is $12.00, while the lowest price target for NWL is $6.25. The average price target represents a forecasted upside of 24.20% from the current price of $7.10.

Type	Current Forecast 9/10/23 to 9/9/24	1 Month Ago 8/11/23 to 8/10/24	3 Months Ago 6/12/23 to 6/11/24	1 Year Ago 9/10/22 to 9/10/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	3 Buy rating(s)
Hold	9 Hold rating(s)	10 Hold rating(s)	9 Hold rating(s)	5 Hold rating(s)
Sell	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$8.82	$8.82	$8.70	$15.64
Forecasted Upside	24.20% Upside	11.35% Upside	10.30% Upside	19.08% Upside

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NWL 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.

NWL 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.

Newell Brands Stock vs. The Competition

Type	Newell Brands	Consumer Staples Companies	S&P 500
Consensus Rating Score	2.00	2.43	2.51
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	22.14% Upside	608.89% Upside	9.99% Upside
News Sentiment Rating	Positive 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
8/13/2024	Citigroup 3 of 5 stars	F. Falorni Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Hold ➝ Strong Sell
7/30/2024	Truist Financial 1 of 5 stars		Boost Target	Hold ➝ Hold	$8.00 ➝ $10.00	+13.64%
7/29/2024	Deutsche Bank Aktiengesellschaft 2 of 5 stars		Boost Target	Hold ➝ Hold	$8.00 ➝ $9.00	+0.22%
7/29/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform ➝ Sector Perform	$7.50 ➝ $9.50	+9.45%
7/29/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$10.00 ➝ $12.00	+37.46%
7/29/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$6.00 ➝ $9.00	+0.45%
Get the Latest News and Ratings for NWL and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Newell Brands and its competitors with MarketBeat's FREE daily newsletter.
7/22/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$8.00 ➝ $7.00	+12.00%
5/14/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underweight ➝ Equal Weight	$8.00	-3.85%
2/16/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$10.00 ➝ $8.50	+6.25%
2/12/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$8.50 ➝ $7.75	+6.31%
2/12/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
9/14/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$34.00 ➝ $28.00	+63.08%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 07:26 PM ET.

NWL Forecast - Frequently Asked Questions

What is Newell Brands' forecast for 2024?: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Newell Brands is $8.82, with a high forecast of $12.00 and a low forecast of $6.25.
Should I buy or sell Newell Brands stock right now?: 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Newell Brands in the last year. There is currently 1 sell rating, 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" NWL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NWL, but not buy additional shares or sell existing shares.
Does Newell Brands's stock price have much upside?: According to analysts, Newell Brands's stock has a predicted upside of 9.83% based on their 12-month stock forecasts.
Has Newell Brands been downgraded by Wall Street analysts recently?: Over the previous 90 days, Newell Brands's stock had 1 downgrade by analysts.
What analysts cover Newell Brands?: Newell Brands has been rated by research analysts at Canaccord Genuity Group, Citigroup, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Royal Bank of Canada, Truist Financial, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like Newell Brands more than its competitors?: Analysts like Newell Brands less than other "consumer staples" companies. The consensus rating score for Newell Brands is 2.00 while the average consensus rating score for "consumer staples" companies is 2.43. Learn more on how NWL compares to other companies.