Krispy Kreme - DNUT Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Krispy Kreme in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 1 buy rating 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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5 Wall Street analysts have issued 1 year price objectives for Krispy Kreme's stock. Their DNUT share price forecasts range from $12.00 to $20.00. On average, they anticipate the company's share price to reach $14.86 in the next twelve months. This suggests that the stock has a possible downside of 5.4%.
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 52.2% and is now trading at $15.71.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 10th 2023.
View our DNUT earnings forecast.

Krispy Kreme, Inc. (NASDAQ:DNUT) issued its quarterly earnings results on Wednesday, February, 15th. The company reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.01. The firm had revenue of $404.60 million for the quarter, compared to analyst estimates of $394.65 million. Krispy Kreme had a positive trailing twelve-month return on equity of 1.58% and a negative net margin of 1.02%. The company's revenue was up 9.2% compared to the same quarter last year. During the same period last year, the business earned $0.05 EPS.

Krispy Kreme declared a quarterly dividend on Wednesday, February 8th. Investors of record on Wednesday, April 26th will be paid a dividend of $0.035 per share on Wednesday, May 10th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date is Tuesday, April 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).

Krispy Kreme (NASDAQ:DNUT) pays an annual dividend of $0.14 per share and currently has a dividend yield of 0.90%.
Read our dividend analysis for DNUT.

Krispy Kreme updated its FY 2023 earnings guidance on Wednesday, February, 15th. The company provided EPS guidance of $0.31-$0.34 for the period, compared to the consensus earnings per share estimate of $0.36. The company issued revenue guidance of $1.65 billion-$1.68 billion, compared to the consensus revenue estimate of $1.66 billion.

(DNUT) raised $600 million in an initial public offering 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 many different retail and institutional investors. Top institutional shareholders include Bamco Inc. NY (2.29%), GW&K Investment Management LLC (1.14%), Price T Rowe Associates Inc. MD (0.94%), Geode Capital Management LLC (0.84%), National Bank of Canada FI (0.60%) and Morgan Stanley (0.35%). Insiders that own company stock include Debbie Sharell Roberts, Holdings BV Jab, Indulgence BV Jab, Michael J Tattersfield, Michael J Tattersfield and Olivier Goudet.
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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 $15.71.

Krispy Kreme (NASDAQ:DNUT) has a market capitalization of $2.64 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 email at rballew@krispykreme.com.