NYSE: PRMB
Primo Brands Corp Stock Forecast, Predictions & Price Target

Analyst price target for PRMB

Based on 2 analysts offering 12 month price targets for Primo Brands Corp

Min Forecast
$26.00-8.84%
Avg Forecast
$28.00-1.82%
Max Forecast
$30.00+5.19%

Should I buy or sell PRMB stock?

Based on 2 analysts offering ratings for Primo Brands Corp.

Strong Buy
Strong Buy
1 analysts 50%
Buy
1 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Although PRMB's forecast from analysts indicates a "Strong Buy", our proven Zen Rating quant model rates PRMB as a "Hold". Stocks with a Zen Rating of Hold have beat the market by +7.53%. Learn More

Be the first to know when Wall Street analysts revise their PRMB stock forecasts and price targets.

PRMB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-10-01
lockedlocked$00.00+00.00%2024-06-18
lockedlocked$00.00+00.00%2024-06-18

1 of 1

Forecast return on equity

Is PRMB forecast to generate an efficient return?

Company
N/A
Industry
52.06%
Market
70.76%

Forecast return on assets

Is PRMB forecast to generate an efficient return on assets?

Company
N/A
Industry
13.49%

PRMB earnings per share forecast

What is PRMB's earnings per share in the next 3 years based on estimates from 2 analysts?

Avg 1 year Forecast
$0.88-45.34%
Avg 2 year Forecast
$0.86-46.58%
Avg 3 year Forecast
$1.14-29.19%
PRMB's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

PRMB revenue forecast

What is PRMB's revenue in the next 3 years based on estimates from 2 analysts?

Avg 1 year Forecast
$6.8B+364.89%
Avg 2 year Forecast
$7.1B+388.54%
Avg 3 year Forecast
$7.6B+419.06%
PRMB's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PRMB earnings growth forecast

How is PRMB forecast to perform vs Beverages - Non-Alcoholic companies and vs the US market?

Company
-13.72%
Industry
9.7%
Market
17.58%
PRMB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
PRMB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
PRMB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

PRMB revenue growth forecast

How is PRMB forecast to perform vs Beverages - Non-Alcoholic companies and vs the US market?

Company
72.98%
Industry
3.78%
Market
8.83%
PRMB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PRMB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PRMB vs Beverage Stocks

TickerPricePrice TargetUp/downsideConsensus
PRMB$28.52$28.00-1.82%Strong Buy
FIZZ$49.39$45.00-8.89%Strong Sell
AKO.B$17.67N/AN/A
CELH$28.45$53.87+89.34%Strong Buy
COCO$35.54$31.75-10.66%Buy

Primo Brands Stock Forecast FAQ

Is Primo Brands Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: PRMB) stock is to Strong Buy PRMB stock.

Out of 2 analysts, 1 (50%) are recommending PRMB as a Strong Buy, 1 (50%) are recommending PRMB as a Buy, 0 (0%) are recommending PRMB as a Hold, 0 (0%) are recommending PRMB as a Sell, and 0 (0%) are recommending PRMB as a Strong Sell.

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

What is PRMB's earnings growth forecast for 2024-2026?

(NYSE: PRMB) Primo Brands's forecast annual earnings growth rate of -13.72% is not forecast to beat the US Beverages - Non-Alcoholic industry's average forecast earnings growth rate of 9.7%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.58%.

Primo Brands's earnings in 2024 is $257,200,000.On average, 2 Wall Street analysts forecast PRMB's earnings for 2024 to be $141,148,323, with the lowest PRMB earnings forecast at $137,940,407, and the highest PRMB earnings forecast at $144,356,240. On average, 3 Wall Street analysts forecast PRMB's earnings for 2025 to be $137,940,407, with the lowest PRMB earnings forecast at $97,841,451, and the highest PRMB earnings forecast at $171,623,530.

In 2026, PRMB is forecast to generate $182,851,237 in earnings, with the lowest earnings forecast at $182,851,237 and the highest earnings forecast at $182,851,237.

What is PRMB's revenue growth forecast for 2024-2026?

(NYSE: PRMB) Primo Brands's forecast annual revenue growth rate of 72.98% is forecast to beat the US Beverages - Non-Alcoholic industry's average forecast revenue growth rate of 3.78%, and it is also forecast to beat the US market's average forecast revenue growth rate of 8.83%.

Primo Brands's revenue in 2024 is $1,458,400,000.On average, 2 Wall Street analysts forecast PRMB's revenue for 2024 to be $1,087,465,708,828, with the lowest PRMB revenue forecast at $1,082,671,798,500, and the highest PRMB revenue forecast at $1,092,259,779,552. On average, 3 Wall Street analysts forecast PRMB's revenue for 2025 to be $1,142,802,267,418, with the lowest PRMB revenue forecast at $1,110,741,067,350, and the highest PRMB revenue forecast at $1,160,249,804,143.

In 2026, PRMB is forecast to generate $1,214,196,693,332 in revenue, with the lowest revenue forecast at $1,212,335,781,005 and the highest revenue forecast at $1,216,057,605,658.

What is PRMB's forecast return on assets (ROA) for 2024-2027?

(NYSE: PRMB) forecast ROA is N/A, which is lower than the forecast US Beverages - Non-Alcoholic industry average of 13.49%.

What is PRMB's Price Target?

According to 2 Wall Street analysts that have issued a 1 year PRMB price target, the average PRMB price target is $28.00, with the highest PRMB stock price forecast at $30.00 and the lowest PRMB stock price forecast at $26.00.

On average, Wall Street analysts predict that Primo Brands's share price could fall to $28.00 by Oct 1, 2025. The average Primo Brands stock price prediction forecasts a potential downside of 1.82% from the current PRMB share price of $28.52.

What is PRMB's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: PRMB) Primo Brands's current Earnings Per Share (EPS) is $1.61. On average, analysts forecast that PRMB's EPS will be $0.88 for 2024, with the lowest EPS forecast at $0.86, and the highest EPS forecast at $0.90. On average, analysts forecast that PRMB's EPS will be $0.86 for 2025, with the lowest EPS forecast at $0.61, and the highest EPS forecast at $1.07. In 2026, PRMB's EPS is forecast to hit $1.14 (min: $1.14, max: $1.14).

What is PRMB's forecast return on equity (ROE) for 2024-2027?

(NYSE: PRMB) forecast ROE is N/A, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.