Wolverine World Wide (WWW) Stock Forecast & Price Target

$14.51

+0.14 (+0.97%)

(As of 07/26/2024 ET)

Wolverine World Wide - Analysts' Recommendations 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.

Consensus Rating

Hold
Based on 10 Analyst Ratings

Based on 10 Wall Street analysts who have issued ratings for Wolverine World Wide in the last 12 months, the stock has a consensus rating of "Hold." Out of the 10 analysts, 7 have given a hold rating, and 3 have given a buy rating for WWW.

Consensus Price Target

$12.44
-14.24% Downside

High Forecast	$20.00
Average Forecast	$12.44
Low Forecast	$9.00

According to the 10 analysts' twelve-month price targets for Wolverine World Wide, the average price target is $12.44. The highest price target for WWW is $20.00, while the lowest price target for WWW is $9.00. The average price target represents a forecasted downside of -14.24% from the current price of $14.51.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Hold	Hold	Reduce	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	2 Buy rating(s)	0 Buy rating(s)	3 Buy rating(s)
Hold	7 Hold rating(s)	8 Hold rating(s)	6 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$12.44	$11.67	$10.63	$14.67
Forecasted Upside	-14.24% Downside	11.79% Upside	15.53% Upside	8.66% Upside

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WWW Analyst Recommendations 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.

WWW 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.

Wolverine World Wide Stock vs. The Competition

Type	Wolverine World Wide	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.30	2.55	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	-14.24% Downside	121.82% Upside	9.09% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/19/2024	UBS Group 4 of 5 stars	J. Sole Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$13.00 ➝ $20.00	+57.60%
5/9/2024	Williams Trading 0 of 5 stars		Upgrade	Hold ➝ Buy	$11.00 ➝ $16.00	+21.95%
5/9/2024	Robert W. Baird 2 of 5 stars		Boost Target	Neutral ➝ Neutral	$9.00 ➝ $13.00	+2.12%
5/8/2024	Telsey Advisory Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform ➝ Market Perform	$10.00 ➝ $10.00	-12.43%
5/6/2024	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Kummetz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy
11/10/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$13.00 ➝ $11.00	+31.11%
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8/11/2023	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Hold	$23.00 ➝ $12.00	+37.14%
8/11/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral	$9.00	+2.86%
8/11/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$18.00 ➝ $11.00	+25.71%
8/11/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$13.00 ➝ $10.00	+14.29%
11/9/2022	CL King Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Strong-Buy ➝ Buy
8/18/2022	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 05:43 AM ET.

WWW Forecast - Frequently Asked Questions

What is Wolverine World Wide's forecast for 2024?: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Wolverine World Wide is $12.44, with a high forecast of $20.00 and a low forecast of $9.00.
Should I buy or sell Wolverine World Wide stock right now?: 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wolverine World Wide in the last year. There are currently 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WWW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WWW, but not buy additional shares or sell existing shares.
Does Wolverine World Wide's stock price have much upside?: According to analysts, Wolverine World Wide's stock has a predicted upside of 19.98% based on their 12-month stock forecasts.
Has Wolverine World Wide been upgraded by Wall Street analysts recently?: Over the previous 90 days, Wolverine World Wide's stock had 3 upgrades by analysts.
What analysts cover Wolverine World Wide?: Wolverine World Wide has been rated by research analysts at Robert W. Baird, Seaport Res Ptn, Telsey Advisory Group, UBS Group, and Williams Trading in the past 90 days.
Do Wall Street analysts like Wolverine World Wide more than its competitors?: Analysts like Wolverine World Wide less than other "consumer discretionary" companies. The consensus rating for Wolverine World Wide is Hold while the average consensus rating for "consumer discretionary" companies is Moderate Buy. Learn more on how WWW compares to other companies.