Krispy Kreme (DNUT) Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Krispy Kreme in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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.
View DNUT analyst ratings or view top-rated stocks.

6 brokerages have issued 1 year price targets for Krispy Kreme's shares. Their DNUT share price forecasts range from $12.00 to $20.00. On average, they predict the company's stock price to reach $16.11 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price.
View analysts price targets for DNUT or view top-rated stocks among Wall Street analysts.

Krispy Kreme's stock was trading at $10.32 at the beginning of 2023. Since then, DNUT stock has increased by 50.0% and is now trading at $15.48.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 16th 2023.
View our DNUT earnings forecast.

Krispy Kreme, Inc. (NASDAQ:DNUT) posted its quarterly earnings data on Thursday, May, 11th. The company reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.05 by $0.01. The business earned $418.95 million during the quarter, compared to analyst estimates of $404.08 million. Krispy Kreme had a positive trailing twelve-month return on equity of 1.72% and a negative net margin of 1.26%.

Krispy Kreme declared a quarterly dividend on Wednesday, May 10th. Stockholders of record on Wednesday, July 26th will be given a dividend of $0.035 per share on Wednesday, August 9th. This represents a $0.14 annualized dividend and a yield of 0.90%. The ex-dividend date of this dividend is Tuesday, July 25th.
Read our dividend analysis for DNUT.

ETFs with the largest weight of Krispy Kreme (NASDAQ:DNUT) stock in their portfolio include Small Cap US Equity Select ETF (RNSC), First Trust US Equity Opportunities ETF (FPX),

Krispy Kreme (NASDAQ:DNUT) pays an annual dividend of $0.14 per share and currently has a dividend yield of 0.91%.
Read our dividend analysis for DNUT.

Krispy Kreme issued an update on its FY 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share guidance of $0.31-$0.34 for the period, compared to the consensus EPS estimate of $0.33. The company issued revenue guidance of $1.65 billion-$1.68 billion, compared to the consensus revenue estimate of $1.68 billion.

(DNUT) raised $600 million in an 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."

Krispy Kreme's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (2.87%), Banco Santander S.A. (1.56%), GW&K Investment Management LLC (1.15%), Board of Trustees of The Leland Stanford Junior University (1.06%), State Street Corp (0.93%) and Geode Capital Management LLC (0.87%). Insiders that own company stock include Debbie Sharell Roberts, Holdings BV Jab, Indulgence BV Jab, Michael J Tattersfield, Michael J Tattersfield and Olivier Goudet.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of DNUT stock can currently be purchased for approximately $15.48.

Krispy Kreme (NASDAQ:DNUT) has a market capitalization of $2.60 billion and generates $1.53 billion in revenue each year. The company earns $-15,620,000.00 in net income (profit) each year or ($0.12) 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.