Big Lots (BIG) Stock Forecast & Price Target

Big Lots - 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

Reduce
Based on 4 Analyst Ratings

Based on 4 Wall Street analysts who have issued ratings for Big Lots in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 4 analysts, 2 have given a sell rating, and 2 have given a hold rating for BIG.

Consensus Price Target

$2.50

High Forecast	$4.00
Average Forecast	$2.50
Low Forecast	$1.00

According to the 4 analysts' twelve-month price targets for Big Lots, the average price target is $2.50. The highest price target for BIG is $4.00, while the lowest price target for BIG is $1.00. .

Type	Current Forecast 9/19/23 to 9/18/24	1 Month Ago 8/20/23 to 8/19/24	3 Months Ago 6/21/23 to 6/20/24	1 Year Ago 9/19/22 to 9/19/23
Consensus Rating	Reduce	Sell	Sell	Reduce
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)	3 Hold rating(s)
Sell	2 Sell rating(s)	3 Sell rating(s)	4 Sell rating(s)	3 Sell rating(s)
Consensus Price Target	$2.50	$3.20	$4.60	$6.58
Forecasted Upside	N/A	-18.40% Downside	-13.17% Downside	-25.24% Downside

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BIG 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.

BIG 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.

Big Lots Stock vs. The Competition

Type	Big Lots	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	1.50	2.50	2.50
Consensus Rating	Reduce	Hold	Moderate Buy
Predicted Upside		38.47% Upside	7.94% 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
8/5/2024	Telsey Advisory Group 2 of 5 stars		Lower Target	Market Perform ➝ Market Perform	$2.50 ➝ $1.50	+62.50%
7/11/2024	Loop Capital 2 of 5 stars	A. Chukumba Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sell ➝ Hold	$1.00 ➝ $1.00	-2.44%
12/1/2023	Piper Sandler 2 of 5 stars		Lower Target	Underweight ➝ Underweight	$6.00 ➝ $3.50	-43.91%
10/20/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sell ➝ Sell	$5.00 ➝ $4.00	-15.97%
8/30/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Underperform ➝ Underperform	$6.00	-9.91%
5/30/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$8.00 ➝ $6.00	+4.53%
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Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 10:47 PM ET.

BIG Forecast - Frequently Asked Questions

What is Big Lots' forecast for 2024?: According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Big Lots is $2.50, with a high forecast of $4.00 and a low forecast of $1.00.
Should I buy or sell Big Lots stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Big Lots in the last twelve months. There are currently 2 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" BIG shares.
Does Big Lots's stock price have much downside?: According to analysts, Big Lots's stock has a predicted downside of -22.77% based on their 12-month stock forecasts.
Has Big Lots been upgraded by Wall Street analysts recently?: Over the previous 90 days, Big Lots's stock had 1 upgrade by analysts.
What analysts cover Big Lots?: Big Lots has been rated by research analysts at Loop Capital, and Telsey Advisory Group in the past 90 days.
Do Wall Street analysts like Big Lots more than its competitors?: Analysts like Big Lots less than other "retail/wholesale" companies. The consensus rating for Big Lots is Reduce while the average consensus rating for "retail/wholesale" companies is Hold. Learn more on how BIG compares to other companies.