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

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Analyst price target for JOAN

Based on 5 analysts offering 12 month price targets for Joann Inc.
Min Forecast
$4.00-47.58%
Avg Forecast
$6.20-18.74%
Max Forecast
$8.00+4.85%

Should I buy or sell JOAN stock?

Based on 7 analysts offering ratings for Joann Inc.
Sell
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
5 analysts 71.43%
Sell
1 analysts 14.29%
Strong Sell
1 analysts 14.29%

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JOAN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Top 1%
100
HoldMaintains$4.00-47.58%2022-09-02
Bank of America
Top 27%
74
SellDowngradesN/AN/A2022-08-31
Loop Capital
Top 12%
89
HoldDowngrades$8.00+4.85%2022-06-29
Piper Sandler
Top 7%
94
HoldMaintains$6.00-21.36%2022-06-06
Barclays
Top 7%
94
Strong SellMaintains$5.00-34.47%2022-06-06
Telsey Advisory Group
Bottom 13%
13
HoldMaintains$8.00+4.85%2022-06-03
Guggenheim
Bottom 10%
10
HoldDowngradesN/AN/A2022-03-21

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Forecast return on equity

Is JOAN forecast to generate an efficient return?
Company
21.51%
Industry
-23.68%
Market
108.79%
JOAN's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is JOAN forecast to generate an efficient return on assets?
Company
0.44%
Industry
14.16%
JOAN is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

JOAN earnings per share forecast

What is JOAN's earnings per share in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$0.05
Avg 2 year Forecast
$0.27

JOAN revenue forecast

What is JOAN's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$2.2B-4.14%
Avg 2 year Forecast
$2.3B-1.84%
JOAN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

JOAN revenue growth forecast

How is JOAN forecast to perform vs Specialty Retail companies and vs the US market?
Company
-0.93%
Industry
6.67%
Market
8.22%
JOAN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
JOAN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

JOAN vs Retail Stocks

TickerPricePrice TargetUp/downsideConsensus
JOAN$7.63$6.20-18.74%Sell
BARK$1.83$8.00+337.16%Strong Buy
VLTA$1.93$6.19+220.62%Buy
AAN$10.80$21.00+94.44%Hold
HNST$3.60$5.85+62.50%Hold

Joann Stock Forecast FAQ

Is Joann Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: JOAN) stock is to Sell JOAN stock.

Out of 7 analysts, 0 (0%) are recommending JOAN as a Strong Buy, 0 (0%) are recommending JOAN as a Buy, 5 (71.43%) are recommending JOAN as a Hold, 1 (14.29%) are recommending JOAN as a Sell, and 1 (14.29%) are recommending JOAN as a Strong Sell.

If you're new to stock investing, here's how to buy Joann stock.

What is JOAN's earnings growth forecast for 2023-2024?

(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 5.67%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.27%.

Joann's earnings in 2022 is -$55,600,000.On average, 2 Wall Street analysts forecast JOAN's earnings for 2023 to be $2,039,350, with the lowest JOAN earnings forecast at -$4,078,699, and the highest JOAN earnings forecast at $8,157,399.

In 2024, JOAN is forecast to generate $11,012,488 in earnings, with the lowest earnings forecast at -$11,420,358 and the highest earnings forecast at $33,037,464.

What is JOAN's revenue growth forecast for 2023-2024?

(NASDAQ: JOAN) Joann's forecast annual revenue growth rate of -0.93% is not forecast to beat the US Specialty Retail industry's average forecast revenue growth rate of 6.67%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.22%.

Joann's revenue in 2022 is $2,307,600,000.On average, 2 Wall Street analysts forecast JOAN's revenue for 2023 to be $90,222,867,866, with the lowest JOAN revenue forecast at $89,299,042,474, and the highest JOAN revenue forecast at $91,146,693,257.

In 2024, JOAN is forecast to generate $92,386,617,844 in revenue, with the lowest revenue forecast at $89,364,301,663 and the highest revenue forecast at $95,408,934,026.

What is JOAN's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: JOAN) forecast ROA is 0.44%, which is lower than the forecast US Specialty Retail industry average of 14.16%.

What is JOAN's Price Target?

According to 5 Wall Street analysts that have issued a 1 year JOAN price target, the average JOAN price target is $6.20, with the highest JOAN stock price forecast at $8.00 and the lowest JOAN stock price forecast at $4.00.

On average, Wall Street analysts predict that Joann's share price could fall to $6.20 by Sep 2, 2023. The average Joann stock price prediction forecasts a potential downside of 18.74% from the current JOAN share price of $7.63.

What is JOAN's Earnings Per Share (EPS) forecast for 2023-2024?

(NASDAQ: JOAN) Joann's current Earnings Per Share (EPS) is -$1.38. On average, analysts forecast that JOAN's EPS will be $0.05 for 2023, with the lowest EPS forecast at -$0.10, and the highest EPS forecast at $0.20. In 2024, JOAN's EPS is forecast to hit $0.27 (min: -$0.28, max: $0.81).

What is JOAN's forecast return on equity (ROE) for 2023-2024?

(NASDAQ: JOAN) forecast ROE is 21.51%, which is considered strong.
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