Brilliant Earth Group (BRLT) Stock Forecast & Price Target

$2.44

+0.09 (+3.83%)

(As of 12:30 PM 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

Moderate Buy
Based on 4 Analyst Ratings

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
22.95% 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 22.95% from the current price of $2.44.

Type	Current Forecast 9/20/23 to 9/19/24	1 Month Ago 8/21/23 to 8/20/24	3 Months Ago 6/22/23 to 6/21/24	1 Year Ago 9/20/22 to 9/20/23
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)	2 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	$3.00	$3.33	$6.50
Forecasted Upside	22.95% Upside	9.49% Upside	18.84% Upside	61.14% 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.

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.

Brilliant Earth Group Stock vs. The Competition

Type	Brilliant Earth Group	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.50	2.51	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	27.66% Upside	40.21% Upside	7.94% 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	Action	Rating	Price Target	Upside/Downside on Report Date
8/29/2024	Telsey Advisory Group 2 of 5 stars	Reiterated Rating	Outperform ➝ Outperform	$3.00 ➝ $3.00	+57.07%
8/9/2024	William Blair 2 of 5 stars	Downgrade	Outperform ➝ Market Perform
4/29/2024	KeyCorp 3 of 5 stars	Lower Target	Overweight ➝ Overweight	$6.00 ➝ $3.00	+13.64%
3/15/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Market Perform ➝ Market Perform	$3.40 ➝ $3.00	-3.23%
4/20/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform
3/16/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform	$10.00 ➝ $8.00	+105.66%
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3/16/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral	$6.00 ➝ $5.00	+28.53%
3/16/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	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 Thursday at 12:57 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 17.65% 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 less than other "retail/wholesale" companies. The consensus rating score for Brilliant Earth Group is 2.50 while the average consensus rating score for "retail/wholesale" companies is 2.50. Learn more on how BRLT compares to other companies.