Q3 EPS Estimates for Honest Lifted by Northland Securities

Key Points

• Northland Securities raised Honest’s Q3 2026 EPS estimate to $0.03 from $0.02, while forecasting $0.03 EPS for Q4. The full-year consensus estimate is $0.10 per share.
• Honest’s latest quarterly results beat expectations, with EPS of $0.04 versus the $0.01 consensus and revenue of $80.19 million versus $77.83 million expected.
• Shares surged 40.8% to $5.42, while analyst sentiment remained mixed: the stock carries a consensus “Hold” rating and a $4.38 target price, below its current trading level.

The Honest Company, Inc. (NASDAQ:HNST - Free Report) - Analysts at Northland Securities boosted their Q3 2026 earnings estimates for Honest in a research note issued to investors on Thursday, August 6th. Northland Securities analyst O. Rickert now forecasts that the company will post earnings of $0.03 per share for the quarter, up from their previous estimate of $0.02. The consensus estimate for Honest's current full-year earnings is $0.10 per share. Northland Securities also issued estimates for Honest's Q4 2026 earnings at $0.03 EPS.

Honest (NASDAQ:HNST - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.03. The company had revenue of $80.19 million for the quarter, compared to analysts' expectations of $77.83 million. Honest had a positive return on equity of 4.26% and a negative net margin of 3.56%.

A number of other research firms also recently issued reports on HNST. B. Riley Financial increased their price target on Honest from $4.00 to $5.00 and gave the stock a "buy" rating in a research report on Thursday. Telsey Advisory Group lifted their price objective on Honest from $4.00 to $5.00 and gave the company a "market perform" rating in a report on Thursday. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Honest in a research note on Tuesday, May 26th. Alliance Global Partners reiterated a "buy" rating on shares of Honest in a report on Thursday. Finally, Morgan Stanley set a $3.40 target price on shares of Honest in a research report on Thursday, May 7th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, Honest presently has an average rating of "Hold" and a consensus target price of $4.38.

Honest Stock Up 40.8%

Shares of NASDAQ HNST opened at $5.42 on Friday. The business has a fifty day simple moving average of $3.74 and a two-hundred day simple moving average of $3.17. The firm has a market cap of $596.63 million, a PE ratio of -49.27 and a beta of 2.12. Honest has a twelve month low of $2.07 and a twelve month high of $5.84.

Insider Buying and Selling

In other Honest news, CFO Curtiss James Bruce III sold 12,669 shares of Honest stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $3.14, for a total value of $39,780.66. Following the transaction, the chief financial officer owned 526,157 shares in the company, valued at $1,652,132.98. The trade was a 2.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Stephen Winchell sold 12,886 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $3.14, for a total transaction of $40,462.04. Following the sale, the insider directly owned 483,293 shares of the company's stock, valued at approximately $1,517,540.02. The trade was a 2.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 175,058 shares of company stock worth $550,591 in the last three months. 9.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On Honest

Institutional investors have recently bought and sold shares of the company. UBS Group AG grew its stake in shares of Honest by 77.3% during the fourth quarter. UBS Group AG now owns 1,014,939 shares of the company's stock worth $2,619,000 after acquiring an additional 442,542 shares during the last quarter. SG Americas Securities LLC raised its position in shares of Honest by 122.3% in the 4th quarter. SG Americas Securities LLC now owns 36,461 shares of the company's stock valued at $94,000 after purchasing an additional 20,059 shares during the last quarter. Echo Wealth Management LLC raised its position in shares of Honest by 28.9% in the 4th quarter. Echo Wealth Management LLC now owns 178,761 shares of the company's stock valued at $461,000 after purchasing an additional 40,056 shares during the last quarter. Bank of America Corp DE boosted its stake in Honest by 28.4% in the 1st quarter. Bank of America Corp DE now owns 223,099 shares of the company's stock worth $656,000 after purchasing an additional 49,342 shares in the last quarter. Finally, Amicus Financial Advisors LLC acquired a new stake in Honest in the 4th quarter worth approximately $29,000. 45.54% of the stock is currently owned by institutional investors and hedge funds.

More Honest News

Here are the key news stories impacting Honest this week:

• Positive Sentiment: Q2 profitability and margins improved significantly. Revenue was $83.3 million, while organic revenue grew 6.7%. Gross margin expanded to 48.4% from the prior-year period, underlying adjusted EBITDA reached $7.8 million with a 9.8% margin, and net income rose to $10.7 million. Cash and equivalents increased to $105.9 million. The Honest Company Reports Second Quarter 2026 Results
• Positive Sentiment: Results exceeded analyst expectations. Honest reported quarterly EPS of $0.04, above consensus estimates of roughly $0.01-$0.02, and revenue also surpassed expectations. EPS compared favorably with $0.03 in the year-ago quarter. Honest Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management raised its FY2026 outlook. The company now expects revenue of $319 million-$325 million, above the approximately $310.1 million consensus forecast, and adjusted EBITDA of $23 million-$25 million. Management cited continued momentum in higher-margin growth platforms and plans to reinvest in sustainable growth. Honest Outlines Raised FY2026 Outlook
• Neutral Sentiment: B. Riley raised its HNST price target to $5 from $4 and maintained a Buy rating. However, the new target remained below the stock’s cited trading level, suggesting limited near-term upside under that analyst’s valuation. Honest Price Target Update
• Negative Sentiment: Some investor caution remains because reported revenue declined 10.9% year over year despite organic growth, and commentary has emphasized the need for more consistent operational improvement. The stock’s elevated valuation and recent rally could also increase sensitivity to future execution. The Honest Company Awaiting More Consistent Improvements

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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