Barclays has revised its price target for Olaplex Holdings (OLPX, Financial), reducing it from $1.70 to $1.20. Despite this adjustment, the financial institution maintains its Equal Weight rating on the company's shares. This update comes as part of Barclays' first-quarter earnings preview for the consumer staples sector.
The bank notes ongoing challenges in the consumer market, characterized by a prolonged "malaise" that began well before what has been termed "Liberation Day." Barclays expresses skepticism about the potential for a turnaround in the consumer staples category during the current 90-day period of uncertainty.
Even though pressures from tariffs have eased, the firm highlights persistent uncertainty as a key obstacle for the consumer staples industry. As Olaplex Holdings navigates these headwinds, the revised target price reflects the continued unpredictability within the sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Olaplex Holdings Inc (OLPX, Financial) is $2.04 with a high estimate of $4.00 and a low estimate of $1.40. The average target implies an upside of 64.31% from the current price of $1.24. More detailed estimate data can be found on the Olaplex Holdings Inc (OLPX) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Olaplex Holdings Inc's (OLPX, Financial) average brokerage recommendation is currently 3.1, indicating "Hold" 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 Olaplex Holdings Inc (OLPX, Financial) in one year is $2.27, suggesting a upside of 83.06% from the current price of $1.24. 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 Olaplex Holdings Inc (OLPX) Summary page.
