From what 16 stock analysts predict, the share price for Newell Brands Inc (NWL) might increase by 20.99% in the next year. This is based on a 12-month average estimation for NWL. Price targets go from $8 to $12. The majority of stock analysts believe NWL is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Newell Brands Inc has a total of 16 Wall St Analyst ratings. There are 10 buy ratings, 6 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Newell Brands Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of NWL.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Bill Chappell Truist Securities | Hold | $10 | Maintains | Jul 30, 2024 |
Steve Powers Deutsche Bank | Hold | $9 | Maintains | Jul 29, 2024 |
Brian McNamara Canaccord Genuity | Buy | $12 | Maintains | Jul 29, 2024 |
Chris Carey Wells Fargo | Equal-Weight | $9 | Maintains | Jul 29, 2024 |
Nik Modi RBC Capital | Sector Perform | $9.5 | Maintains | Jul 29, 2024 |
Andrea Teixeira JP Morgan | Neutral | $7 | Maintains | Jul 22, 2024 |
Citigroup | Neutral | Maintains | Jul 11, 2024 | |
Filippo Falorni Citigroup | Neutral | $6.25 | Maintains | Jul 10, 2024 |
Chris Carey Wells Fargo | Equal-Weight | $6 | Maintains | Jul 10, 2024 |
Lauren Lieberman Barclays | Equal-Weight | $8 | Upgrade | May 14, 2024 |
Lauren Lieberman Barclays | Underweight | $7 | Maintains | Apr 30, 2024 |
Brian McNamara Canaccord Genuity | Buy | $10 | Maintains | Apr 29, 2024 |
Filippo Falorni Citigroup | Neutral | $8 | Maintains | Apr 29, 2024 |
Chris Carey Wells Fargo | Equal-Weight | $8 | Maintains | Apr 29, 2024 |
Peter Grom UBS | Neutral | $8.5 | Downgrade | Feb 16, 2024 |
Olivia Tong Raymond James | Market Perform | Downgrade | Feb 12, 2024 | |
Dara Mohsenian Morgan Stanley | Equal-Weight | $7.75 | Maintains | Feb 12, 2024 |
Nik Modi RBC Capital | Sector Perform | $7.5 | Maintains | Feb 12, 2024 |
Filippo Falorni Citigroup | Neutral | $7.5 | Maintains | Feb 12, 2024 |
Lauren Lieberman Barclays | Underweight | $6 | Maintains | Jan 16, 2024 |
When did it IPO
1984
Staff Count
24,600
Country
United States
Sector/Industry
Consumer Defensive/Household & Personal Products
CEO
Mr. Christopher H. Peterson
Market Cap
$3.11B
In 2023, NWL generated $8.13B in revenue, which was a decrease of -14.02% from the previous year. This can be seen as a signal that NWL's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Baby Jogger launched the City Prixโข Jogger x Bike Trailer, a versatile product that converts from a jogging stroller to a bike trailer, enhancing family outdoor activities.
Why It Matters - The launch of the City Prixโข Jogger x Bike Trailer highlights innovation in the baby gear market, potentially boosting Baby Jogger's sales and attracting investors looking for growth opportunities.
Summary - Rubbermaid Commercial Products is hosting over 200 global events to honor custodians and environmental service workers during Environmental Services Week and National Custodian Day.
Why It Matters - Rubbermaid's campaign highlights its commitment to employee recognition and sustainability, potentially enhancing brand loyalty and market positioning, positively influencing investor sentiment.
Summary - Contigo launched a limited-edition collection of water bottles and tumblers with Ally Love, aimed at promoting hydration. The products are designed for performance and style.
Why It Matters - The launch of the Ally Love x Contigo collection taps into health trends and brand partnerships, potentially boosting sales and market presence for Contigo, which may influence investor sentiment positively.
Summary - Rubbermaid partners with Shawn Johnson East and Andrew East to promote Rubbermaid Brilliance food storage containers, highlighting their superior airtight, leak-proof, and durable features.
Why It Matters - The partnership with celebrity athletes enhances brand visibility, likely boosting sales and market share for Rubbermaid, which can positively impact investor confidence and stock performance.
Summary - Newell Brands Inc. (NASDAQ: NWL) executives will participate in a fireside chat at the Barclays Global Consumer Staples Conference on September 4, 2024, at 9:00 a.m. ET.
Why It Matters - The participation of Newell Brands' CEO and CFO in a major conference highlights the company's commitment to transparency and investor engagement, potentially influencing market perception and stock performance.
Summary - Sharpie, a brand under Newell Brands, is sponsoring Art Battle on August 24, 2024, in Los Angeles, showcasing live art competitions and promoting community engagement.
Why It Matters - Newell Brands' sponsorship of a high-profile art event may enhance brand visibility and consumer engagement, potentially driving sales and positively impacting stock performance.