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NASDAQ: JOAN
JOANN Inc Stock Forecast, Predictions & Price Target

Analyst price target for JOAN

Based on 9 analysts offering 12 month price targets for JOANN Inc.
Min Forecast
$11.00-5.34%
Avg Forecast
$16.89+45.34%
Max Forecast
$27.00+132.36%

Should I buy or sell JOAN stock?

Based on 10 analysts offering ratings for JOANN Inc.
Strong Buy
Strong Buy
5 analysts 50%
Buy
3 analysts 30%
Hold
2 analysts 20%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

JOAN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Barclays
Top 3%
98
HoldDowngrades$11.00-5.34%2021-09-07
Telsey Advisory Group
Top 3%
98
HoldDowngrades$14.00+20.48%2021-09-03
Loop Capital
Top 18%
83
Strong BuyInitiates Coverage On$20.00+72.12%2021-08-11
Wells Fargo
Top 1%
100
Strong BuyMaintains$17.00+46.30%2021-06-04
Anonymous
Telsey Advisory Group
BuyMaintains$18.00+54.91%2021-06-04
William Blair
Bottom 47%
47
BuyInitiates Coverage OnN/AN/A2021-04-07
Bank of America
Top 28%
73
Strong BuyInitiates Coverage On$27.00+132.36%2021-04-06
Guggenheim
Top 40%
61
Strong BuyInitiates Coverage On$15.00+29.09%2021-04-06
Credit Suisse
Top 12%
89
BuyInitiates Coverage On$16.00+37.69%2021-04-06
Piper Sandler
Top 5%
96
Strong BuyInitiates Coverage On$14.00+20.48%2021-04-06

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Forecast return on equity

Is JOAN forecast to generate an efficient return?
Company
96.94%
Industry
9.29%
Market
2,530.69%
JOAN's Return on Equity is forecast to be high in 3 years (96.94%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is JOAN forecast to generate an efficient return on assets?
Company
5.52%
Industry
13.03%
Market
1,237.47%
JOAN is forecast to generate lower Return on Assets (5.52%) than the US Specialty Retail industry average (13.03%)
Forecast

JOAN earnings per share forecast

What is JOAN's earnings per share in the next 3 years based on estimates from 1 analysts?
Avg 1 year Forecast
$1.53
Avg 2 year Forecast
$1.45
Avg 3 year Forecast
$3.15

JOAN revenue forecast

What is JOAN's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$2.4B
Avg 2 year Forecast
$2.4B
Avg 3 year Forecast
$2.6B

JOANN Stock Forecast FAQ

Is JOANN Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NASDAQ: JOAN) stock is to Strong Buy JOAN stock.

Out of 10 analysts, 5 (50%) are recommending JOAN as a Strong Buy, 3 (30%) are recommending JOAN as a Buy, 2 (20%) are recommending JOAN as a Hold, 0 (0%) are recommending JOAN as a Sell, and 0 (0%) are recommending JOAN as a Strong Sell.

What is JOAN's earnings growth forecast for 2022-2024?

(NASDAQ: JOAN) JOANN's forecast annual earnings growth rate of N/A is not forecast to beat the US Specialty Retail industry's average forecast earnings growth rate of 3.59%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.62%.

JOANN's earnings in 2021 is N/A.On average, 1 Wall Street analysts forecast JOAN's earnings for 2022 to be $64,504,645, with the lowest JOAN earnings forecast at $64,504,645, and the highest JOAN earnings forecast at $64,504,645. On average, 1 Wall Street analysts forecast JOAN's earnings for 2023 to be $61,131,854, with the lowest JOAN earnings forecast at $61,131,854, and the highest JOAN earnings forecast at $61,131,854.

In 2024, JOAN is forecast to generate $132,803,682 in earnings, with the lowest earnings forecast at $132,803,682 and the highest earnings forecast at $132,803,682.

What is JOAN's revenue growth forecast for 2022-2024?

(NASDAQ: JOAN) JOANN's forecast annual revenue growth rate of N/A is not forecast to beat the US Specialty Retail industry's average forecast revenue growth rate of 4.75%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.38%.

JOANN's revenue in 2021 is N/A.On average, 3 Wall Street analysts forecast JOAN's revenue for 2022 to be $102,610,153,463, with the lowest JOAN revenue forecast at $100,930,798,206, and the highest JOAN revenue forecast at $104,860,100,793. On average, 3 Wall Street analysts forecast JOAN's revenue for 2023 to be $102,199,811,166, with the lowest JOAN revenue forecast at $98,789,075,337, and the highest JOAN revenue forecast at $106,356,777,207.

In 2024, JOAN is forecast to generate $111,386,453,158 in revenue, with the lowest revenue forecast at $111,386,453,158 and the highest revenue forecast at $111,386,453,158.

What is JOAN's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: JOAN) forecast ROA is 5.52%, which is lower than the forecast US Specialty Retail industry average of 13.03%.

What is JOAN's Price Target?

According to 9 Wall Street analysts that have issued a 1 year JOAN price target, the average JOAN price target is $16.89, with the highest JOAN stock price forecast at $27.00 and the lowest JOAN stock price forecast at $11.00.

On average, Wall Street analysts predict that JOANN's share price could stay at $16.89 by Sep 7, 2022. The average JOANN stock price prediction forecasts a potential downside of N/A from the current JOAN share price of $11.62.

What is JOAN's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: JOAN) JOANN's current Earnings Per Share (EPS) is N/A. On average, analysts forecast that JOAN's EPS will be $1.53 for 2022, with the lowest EPS forecast at $1.53, and the highest EPS forecast at $1.53. On average, analysts forecast that JOAN's EPS will be $1.45 for 2023, with the lowest EPS forecast at $1.45, and the highest EPS forecast at $1.45. In 2024, JOAN's EPS is forecast to hit $3.15 (min: $3.15, max: $3.15).

What is JOAN's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: JOAN) forecast ROE is 96.94%, which is considered strong.
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