Boot Barn (BOOT) Stock Forecast & Price Target

$165.80

+2.09 (+1.28%)

(As of 10/4/2024 ET)

Boot Barn - 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 12 Analyst Ratings

Sell
0

Hold
4

Buy
8

Based on 12 Wall Street analysts who have issued ratings for Boot Barn in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 4 have given a hold rating, and 8 have given a buy rating for BOOT.

Consensus Price Target

$143.80
-13.27% Downside

According to the 12 analysts' twelve-month price targets for Boot Barn, the average price target is $143.80. The highest price target for BOOT is $167.00, while the lowest price target for BOOT is $83.00. The average price target represents a forecasted downside of -13.27% from the current price of $165.80.

Get the Latest News and Ratings for BOOT and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Boot Barn and its competitors.

BOOT Analyst Ratings Over Time

Type	Current Forecast 10/7/23 to 10/6/24	1 Month Ago 9/7/23 to 9/6/24	3 Months Ago 7/9/23 to 7/8/24	1 Year Ago 10/7/22 to 10/7/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	8 Buy rating(s)	10 Buy rating(s)	7 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$143.80	$138.20	$123.36	$108.00
Forecasted Upside	-13.27% Downside	1.97% Upside	-4.66% Downside	34.51% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

Massive NVIDIA Sell-Off: Are We Headed for a Market Collapse? (Ad)

You may have heard about NVIDIA's CEO dumping shares of his own company. He sold 4.4 million shares this year. But here's what's even more concerning...

Click here for his urgent warning - and 4 steps you need to take today to protect your retirement to

BOOT 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.

BOOT 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.

Boot Barn Stock vs. The Competition

Type	Boot Barn	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.67	2.52	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	-13.27% Downside	35.75% Upside	7.03% Upside
News Sentiment Rating	Positive News See Recent BOOT 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
10/1/2024	Robert W. Baird 2 of 5 stars		Boost Target	Neutral ➝ Neutral	$140.00 ➝ $167.00	-0.17%
9/11/2024	Benchmark 2 of 5 stars		Reiterated Rating	Buy ➝ Buy	$140.00 ➝ $140.00	-8.17%
9/10/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$146.00 ➝ $160.00	+6.09%
9/10/2024	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$150.00 ➝ $165.00	+18.24%
8/8/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Sole Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$125.00 ➝ $127.00	+2.71%
8/8/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$144.00 ➝ $147.00	+26.94%
Get the Latest News and Ratings for BOOT and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Boot Barn and its competitors with MarketBeat's FREE daily newsletter.
7/19/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$122.00 ➝ $154.00	+28.70%
6/5/2024	Craig Hallum Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$120.00 ➝ $150.00	+16.37%
6/5/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$120.00 ➝ $145.00	+12.49%
2/7/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sector Weight
2/1/2024	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$92.00 ➝ $83.00	+15.70%
1/16/2024	Williams Trading Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Hold
8/10/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$113.00 ➝ $118.00	+24.25%
5/18/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 02:29 AM ET.

BOOT Forecast - Frequently Asked Questions

: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Boot Barn is $143.80, with a high forecast of $167.00 and a low forecast of $83.00.
: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Boot Barn in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BOOT shares.
: According to analysts, Boot Barn's stock has a predicted downside of -13.27% based on their 12-month stock forecasts.
: Over the previous 90 days, Boot Barn's stock had 1 downgrade by analysts.
: Boot Barn has been rated by research analysts at Benchmark, BTIG Research, Citigroup, JPMorgan Chase & Co., Piper Sandler, Robert W. Baird, and UBS Group in the past 90 days.
: Analysts like Boot Barn more than other "retail/wholesale" companies. The consensus rating score for Boot Barn is 2.67 while the average consensus rating score for "retail/wholesale" companies is 2.52. Learn more on how BOOT compares to other companies.

Stock Forecasts and Research Tools

Related Companies:

Today's Ratings:

Top Rated Stocks:

More Ratings Tools:

Retire off just one stock ticker? (Ad)

ONE AI Stock is All You Need... There are over 6,000 stocks listed in the market right now. They will NOT make you rich. However, there is one stock that stands head and shoulders above everything else. It's currently trading for only $15...

Click here for the ticker >>>

This page (NYSE:BOOT) was last updated on 10/6/2024 by MarketBeat.com Staff

From Our Partners