Build-A-Bear Workshop(US:BBW) ZACKS·2024-09-09 14:56Core Viewpoint - Build-A-Bear (BBW) has shown a significant price increase of 25.5% over the past four weeks, with analysts projecting a mean price target of $39.67, indicating a potential upside of 26.7% from the current price of $31.32 [1] Price Target Analysis - The average price target for BBW ranges from a low of $38 to a high of $41, with a standard deviation of $1.53, suggesting a consensus among analysts regarding the stock's future price movement [1] - The lowest estimate indicates a potential increase of 21.3%, while the highest estimate suggests a 30.9% upside [1] Analyst Sentiment - Analysts have shown increasing optimism regarding BBW's earnings prospects, as evidenced by a positive trend in earnings estimate revisions, which correlates strongly with near-term stock price movements [5] - The Zacks Consensus Estimate for the current year has risen by 2.8% over the past month, with two estimates increasing and no negative revisions [5] Investment Considerations - While the consensus price target is a commonly referenced metric, it should not be the sole basis for investment decisions due to concerns about the reliability of analysts' price targets [2][3] - A low standard deviation in price targets indicates a high degree of agreement among analysts, which can serve as a starting point for further research into the stock's fundamental drivers [4]