Boot Barn (BOOT) Stock Forecast & Price Target

$113.74
+2.05 (+1.84%)
(As of 05/17/2024 ET)

Boot Barn Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 13 Analyst Ratings

Analysts' Consensus Price Target

$109.55
-3.69% Downside
High Forecast$125.00
Average Forecast$109.55
Low Forecast$83.00
TypeCurrent Forecast
5/19/23 to 5/18/24
1 Month Ago
4/19/23 to 4/18/24
3 Months Ago
2/18/23 to 2/18/24
1 Year Ago
5/19/22 to 5/19/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
10 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
6 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$109.55$105.56$101.56$88.40
Predicted Upside-3.69% Downside23.55% Upside23.31% Upside23.40% Upside
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BOOT Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BOOT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Boot Barn Stock vs. The Competition

TypeBoot BarnRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.77
2.42
2.49
Consensus RatingModerate BuyHoldHold
Predicted Upside-3.69% Downside42.72% Upside7.82% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/15/2024Craig Hallum
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 Boost TargetBuy ➝ Buy$95.00 ➝ $120.00+9.92%
5/15/2024BTIG Research
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 Lower TargetBuy ➝ Buy$127.00 ➝ $125.00+15.36%
5/15/2024Robert W. Baird
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 Boost TargetNeutral ➝ Neutral$90.00 ➝ $100.00-6.56%
5/15/2024Benchmark
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 Boost TargetBuy ➝ Buy$88.00 ➝ $110.00+2.78%
5/9/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$85.00 ➝ $115.00+7.59%
4/29/2024TD Cowen
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 Boost TargetBuy ➝ Buy$115.00 ➝ $120.00+11.33%
4/16/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$94.00 ➝ $110.00+12.07%
2/7/2024KeyCorp
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 Initiated CoverageSector Weight
2/1/2024B. Riley
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 Lower TargetBuy ➝ Buy$92.00 ➝ $83.00+15.70%
1/16/2024Williams Trading
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 Reiterated RatingBuy ➝ Hold
1/5/2024UBS Group
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 UpgradeNeutral ➝ Buy$75.00 ➝ $108.00+51.09%
10/24/2023Citigroup
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 Lower TargetBuy ➝ Buy$116.00 ➝ $96.00+30.81%
8/10/2023Bank of America
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 Boost Target$113.00 ➝ $118.00+24.25%
5/18/2023888
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 Reiterated RatingMaintains

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:23 AM ET.

BOOT Price Target - Frequently Asked Questions

What is Boot Barn's consensus rating and price target?

According to the issued ratings of 13 analysts in the last year, the consensus rating for Boot Barn stock is Moderate Buy based on the current 3 hold ratings and 10 buy ratings for BOOT. The average twelve-month price prediction for Boot Barn is $109.55 with a high price target of $125.00 and a low price target of $83.00. Learn more on BOOT's analyst rating history.

Do Wall Street analysts like Boot Barn more than its competitors?

Analysts like Boot Barn more than other Retail/Wholesale companies. The consensus rating for Boot Barn is Moderate Buy while the average consensus rating for retail/wholesale companies is Hold. Learn more on how BOOT compares to other companies.

Does Boot Barn's stock price have much upside?

According to analysts, Boot Barn's stock has a predicted upside of 14.39% based on their 12-month stock forecasts.

What analysts cover Boot Barn?

Boot Barn has been rated by Benchmark, BTIG Research, Craig Hallum, JPMorgan Chase & Co., Piper Sandler, Robert W. Baird, and TD Cowen in the past 90 days.


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This page (NYSE:BOOT) was last updated on 5/18/2024 by MarketBeat.com Staff

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