Krispy Kreme (DNUT) Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Krispy Kreme in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DNUT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DNUT, but not buy additional shares or sell existing shares.
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9 analysts have issued twelve-month price targets for Krispy Kreme's stock. Their DNUT share price forecasts range from $13.00 to $20.00. On average, they anticipate the company's share price to reach $16.05 in the next year. This suggests a possible upside of 28.7% from the stock's current price.
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Krispy Kreme's stock was trading at $10.32 at the beginning of the year. Since then, DNUT stock has increased by 20.8% and is now trading at $12.47.
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Krispy Kreme saw a increase in short interest in September. As of September 15th, there was short interest totaling 9,520,000 shares, an increase of 12.4% from the August 31st total of 8,470,000 shares. Based on an average trading volume of 970,400 shares, the short-interest ratio is presently 9.8 days. Approximately 12.6% of the shares of the stock are short sold.
View Krispy Kreme's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 21st 2023.
View our DNUT earnings forecast.

Krispy Kreme, Inc. (NASDAQ:DNUT) issued its earnings results on Thursday, August, 10th. The company reported $0.04 earnings per share for the quarter, meeting analysts' consensus estimates of $0.04. The business earned $408.88 million during the quarter, compared to the consensus estimate of $408.89 million. Krispy Kreme had a positive trailing twelve-month return on equity of 1.65% and a negative net margin of 0.98%.

Krispy Kreme declared a quarterly dividend on Friday, September 22nd. Investors of record on Thursday, October 26th will be paid a dividend of $0.035 per share on Thursday, November 9th. This represents a $0.14 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date is Wednesday, October 25th.
Read our dividend analysis for DNUT.

Krispy Kreme (NASDAQ:DNUT) pays an annual dividend of $0.14 per share and currently has a dividend yield of 1.13%.
Read our dividend analysis for DNUT.

Krispy Kreme issued an update on its FY 2023 earnings guidance on Friday, September, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.60B-, compared to the consensus revenue estimate of $1.68 billion.

(DNUT) raised $600 million in an initial public offering (IPO) on Thursday, July 1st 2021. The company issued 26,666,667 shares at a price of $21.00-$24.00 per share.

Krispy Kreme trades on the NASDAQ under the ticker symbol "DNUT."

Shares of DNUT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DNUT stock can currently be purchased for approximately $12.47.

Krispy Kreme (NASDAQ:DNUT) has a market capitalization of $2.10 billion and generates $1.53 billion in revenue each year. The company earns $-15,620,000.00 in net income (profit) each year or ($0.10) on an earnings per share basis.

The company employs 23,500 workers across the globe.

Krispy Kreme's mailing address is 2116 HAWKINS STREET, CHARLOTTE NC, 28203. The official website for the company is www.krispykreme.com. The company can be reached via phone at 800-457-4779 or via email at rballew@krispykreme.com.