1-800-FLOWERS.COM (FLWS, Financial) has chosen to retract its short-term forecast due to the swiftly changing macroeconomic conditions and ongoing uncertainties affecting the company's immediate future. This move underscores the unpredictable nature of the current external factors impacting the economic landscape. Management is redirecting its efforts towards implementing a strategy aimed at transforming the company's business model, ultimately striving for sustainable long-term growth.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for 1-800-Flowers.com Inc (FLWS, Financial) is $10.50 with a high estimate of $12.00 and a low estimate of $9.00. The average target implies an upside of 81.35% from the current price of $5.79. More detailed estimate data can be found on the 1-800-Flowers.com Inc (FLWS) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, 1-800-Flowers.com Inc's (FLWS, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for 1-800-Flowers.com Inc (FLWS, Financial) in one year is $8.30, suggesting a upside of 43.35% from the current price of $5.79. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the 1-800-Flowers.com Inc (FLWS) Summary page.
