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NYSE: BF.B
Brown Forman Corp Stock Forecast, Predictions & Price Target

Analyst price target for BF.B

Based on 8 analysts offering 12 month price targets for Brown Forman Corp.
Min Forecast
$53.00-9.77%
Avg Forecast
$67.55+15%
Max Forecast
$76.40+30.06%

Should I buy or sell BF.B stock?

Based on 8 analysts offering ratings for Brown Forman Corp.
Hold
Strong Buy
1 analysts 12.5%
Buy
1 analysts 12.5%
Hold
5 analysts 62.5%
Sell
0 analysts 0%
Strong Sell
1 analysts 12.5%

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BF.B stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-11-24
lockedlocked$00.00+00.00%2023-11-16
lockedlocked$00.00+00.00%2023-10-24
lockedlocked$00.00+00.00%2023-09-11
lockedlocked$00.00+00.00%2023-09-01
Anonymous
Roth MKM
HoldMaintains$69.00+17.47%2023-08-31
RBC Capital
Bottom 3%
3
HoldMaintains$67.00+14.06%2023-08-31
JP Morgan
Top 19%
82
HoldMaintains$70.00+19.17%2023-08-24
Morgan Stanley
Bottom 20%
20
Strong BuyUpgrades$75.00+27.68%2023-08-23

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Forecast return on equity

Is BF.B forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
30.08%

Forecast return on assets

Is BF.B forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

BF.B revenue forecast

What is BF.B's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$4.4B+4.45%
Avg 2 year Forecast
$4.7B+9.37%
Avg 3 year Forecast
$4.9B+15.84%
BF.B's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

BF.B earnings growth forecast

How is BF.B forecast to perform vs Beverages - Wineries & Distilleries companies and vs the US market?
Company
14.55%
Industry
15.07%
Market
17.67%
BF.B's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
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Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

BF.B revenue growth forecast

How is BF.B forecast to perform vs Beverages - Wineries & Distilleries companies and vs the US market?
Company
4.89%
Industry
2.34%
Market
7.51%
BF.B's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
BF.B's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

BF.B vs Wine Stocks

TickerPricePrice TargetUp/downsideConsensus
BF.B$58.74$67.55+15.00%Hold
STZ$240.49$290.65+20.86%Strong Buy
MGPI$85.45$140.00+63.84%Strong Buy
NAPA$10.27$15.29+48.84%Buy
SNDL$1.43N/AN/A

Brown Forman Stock Forecast FAQ

Is Brown Forman Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: BF.B) stock is to Hold BF.B stock.

Out of 8 analysts, 1 (12.5%) are recommending BF.B as a Strong Buy, 1 (12.5%) are recommending BF.B as a Buy, 5 (62.5%) are recommending BF.B as a Hold, 0 (0%) are recommending BF.B as a Sell, and 1 (12.5%) are recommending BF.B as a Strong Sell.

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

What is BF.B's revenue growth forecast for 2024-2026?

(NYSE: BF.B) Brown Forman's forecast annual revenue growth rate of 4.89% is forecast to beat the US Beverages - Wineries & Distilleries industry's average forecast revenue growth rate of 2.34%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 7.51%.

Brown Forman's revenue in 2023 is $4,259,000,000.On average, 7 Wall Street analysts forecast BF.B's revenue for 2024 to be $2,132,672,502,709, with the lowest BF.B revenue forecast at $2,101,164,621,183, and the highest BF.B revenue forecast at $2,178,792,179,273. On average, 6 Wall Street analysts forecast BF.B's revenue for 2025 to be $2,232,954,575,173, with the lowest BF.B revenue forecast at $2,160,728,779,107, and the highest BF.B revenue forecast at $2,320,413,455,200.

In 2026, BF.B is forecast to generate $2,365,164,474,454 in revenue, with the lowest revenue forecast at $2,280,509,064,813 and the highest revenue forecast at $2,459,637,783,123.

What is BF.B's forecast return on assets (ROA) for 2024-2026?

(NYSE: BF.B) forecast ROA is N/A, which is lower than the forecast US Beverages - Wineries & Distilleries industry average of N/A.

What is BF.B's Price Target?

According to 8 Wall Street analysts that have issued a 1 year BF.B price target, the average BF.B price target is $67.55, with the highest BF.B stock price forecast at $76.40 and the lowest BF.B stock price forecast at $53.00.

On average, Wall Street analysts predict that Brown Forman's share price could reach $67.55 by Nov 24, 2024. The average Brown Forman stock price prediction forecasts a potential upside of 15% from the current BF.B share price of $58.74.

What is BF.B's forecast return on equity (ROE) for 2024-2026?

(NYSE: BF.B) forecast ROE is N/A, which is considered weak.
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