KeyBanc has revised its price target for OneWater Marine (ONEW, Financial), reducing it from $22 to $16, while maintaining an Overweight rating on the company's shares. This adjustment comes as the investment firm expresses caution regarding the current market environment ahead of OneWater Marine's Q1 earnings report.
The firm cites recent developments in tariff policy as a factor that could negatively impact demand, especially for high-cost discretionary products. Such economic uncertainties are prompting a conservative outlook, suggesting that these market conditions may affect consumer spending on substantial purchases.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for OneWater Marine Inc (ONEW, Financial) is $17.50 with a high estimate of $20.00 and a low estimate of $16.00. The average target implies an upside of 36.29% from the current price of $12.84. More detailed estimate data can be found on the OneWater Marine Inc (ONEW) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, OneWater Marine Inc's (ONEW, Financial) average brokerage recommendation is currently 2.3, 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 OneWater Marine Inc (ONEW, Financial) in one year is $27.60, suggesting a upside of 114.95% from the current price of $12.84. 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 OneWater Marine Inc (ONEW) Summary page.
