Equities Analysts Issue Forecasts for Honest Q4 Earnings

Key Points

• Northland Securities trimmed its Q4 2026 EPS estimate for Honest to $0.02 per share from $0.03, while the company’s full-year earnings consensus remains $0.10 per share.
• Honest most recently reported Q1 earnings of $0.01 per share, matching analyst expectations, and revenue of $78.1 million, which beat the $76.25 million estimate.
• Wall Street sentiment remains mixed: Honest has an overall Hold rating with a consensus target price of $3.47, and the company also recently authorized a $25 million share buyback.

The Honest Company, Inc. (NASDAQ:HNST - Free Report) - Equities research analysts at Northland Securities cut their Q4 2026 earnings per share estimates for shares of Honest in a research report issued to clients and investors on Thursday, May 7th. Northland Securities analyst O. Rickert now anticipates that the company will post earnings of $0.02 per share for the quarter, down from their previous forecast of $0.03. The consensus estimate for Honest's current full-year earnings is $0.10 per share.

Honest (NASDAQ:HNST - Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.01 EPS for the quarter, hitting analysts' consensus estimates of $0.01. Honest had a positive return on equity of 3.46% and a negative net margin of 5.39%.The business had revenue of $78.10 million during the quarter, compared to the consensus estimate of $76.25 million.

Several other research firms have also recently weighed in on HNST. Alliance Global Partners restated a "buy" rating on shares of Honest in a research note on Thursday. Telsey Advisory Group restated a "market perform" rating and set a $4.00 target price on shares of Honest in a research note on Thursday. Weiss Ratings restated a "sell (d+)" rating on shares of Honest in a research note on Thursday, January 22nd. Zacks Research upgraded Honest from a "strong sell" rating to a "hold" rating in a research note on Thursday, March 26th. Finally, JPMorgan Chase & Co. restated an "underweight" rating on shares of Honest in a research note on Friday, January 16th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Honest presently has an average rating of "Hold" and a consensus target price of $3.47.

Honest Stock Performance

Shares of Honest stock opened at $3.64 on Monday. Honest has a one year low of $2.07 and a one year high of $5.55. The company has a market cap of $400.69 million, a PE ratio of -21.41 and a beta of 2.15. The business has a 50-day simple moving average of $3.01 and a 200-day simple moving average of $2.80.

Institutional Investors Weigh In On Honest

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HNST. Portolan Capital Management LLC raised its position in Honest by 11.4% in the third quarter. Portolan Capital Management LLC now owns 6,928,004 shares of the company's stock worth $25,495,000 after acquiring an additional 710,651 shares in the last quarter. AXQ Capital LP purchased a new position in Honest in the third quarter worth $286,000. Wealthfront Advisers LLC purchased a new position in Honest in the third quarter worth $75,000. Wealth Enhancement Advisory Services LLC raised its position in Honest by 18.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 21,366 shares of the company's stock worth $81,000 after acquiring an additional 3,365 shares in the last quarter. Finally, CWM LLC raised its position in Honest by 17.1% in the third quarter. CWM LLC now owns 27,342 shares of the company's stock worth $101,000 after acquiring an additional 3,985 shares in the last quarter. Hedge funds and other institutional investors own 45.54% of the company's stock.

Insider Buying and Selling

In other Honest news, insider Dorria L. Ball sold 15,099 shares of the business's stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $2.85, for a total value of $43,032.15. Following the completion of the sale, the insider owned 432,295 shares in the company, valued at approximately $1,232,040.75. The trade was a 3.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Carla Vernon sold 129,335 shares of the business's stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $2.85, for a total value of $368,604.75. Following the completion of the sale, the chief executive officer owned 4,065,546 shares of the company's stock, valued at approximately $11,586,806.10. This represents a 3.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 191,894 shares of company stock valued at $546,898 in the last 90 days. Company insiders own 9.40% of the company's stock.

Honest declared that its board has initiated a stock buyback program on Friday, February 20th that allows the company to repurchase $25.00 million in shares. This repurchase authorization allows the company to buy up to 9.9% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its stock is undervalued.

Honest Company Profile

The Honest Company, Inc NASDAQ: HNST is an American consumer goods firm specializing in eco-friendly and responsibly formulated products for babies, personal care, beauty and home cleaning. The company emphasizes transparency in ingredient sourcing and product safety, positioning itself in the premium segment of mass-market retail and direct-to-consumer channels.

Honest was founded in 2011 by actress Jessica Alba and environmental health advocate Christopher Gavigan with a mission to offer parents household and baby care items free from harsh chemicals and synthetic fragrances.

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