Group 1: Stock Performance and Price Targets - Shares of Build-A-Bear (BBW) have increased by 15.9% over the past four weeks, closing at $59.63, with a mean price target of $80 indicating a potential upside of 34.2% [1] - The average price target ranges from a low of $75.00 to a high of $85.00, with a standard deviation of $5, suggesting a potential increase of 25.8% to 42.6% from the current price level [2] Group 2: Analyst Sentiment and Earnings Estimates - Analysts show strong agreement on BBW's ability to report better earnings than previously predicted, which supports the view of potential upside [4] - Over the last 30 days, three earnings estimates for BBW have been revised higher, leading to a 5% increase in the Zacks Consensus Estimate [10] - BBW holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [11] Group 3: Price Target Reliability - While price targets are commonly referenced by investors, they can often mislead, as empirical research indicates that they rarely predict actual stock price movements [5][6] - A low standard deviation among price targets indicates a high degree of agreement among analysts regarding the stock's price direction, serving as a starting point for further research [7]
Wall Street Analysts Believe Build-A-Bear (BBW) Could Rally 34.16%: Here's is How to Trade