On April 23rd, a fresh wave of option listings made their debut, opening up new opportunities for investors. Among these, Solo Brands, Inc. (DTCB) joined the options market, providing traders with additional avenues for engagement in this consumer-focused business.
Besides Solo Brands, new options were also listed for various ETFs, including the DIMENSIONAL US CORE EQUITY 1 ETF (DCOR) and the DISTILLATE SMALL MID CASH FLOW ETF (DSMC). The financial landscape also saw the introduction of options for JANUS HENDERSON U.S. REAL ESTATE ETF (JRE) and JANUS HENDERSON TRANSFORMATIONAL GROWTH ETF (JXX), enhancing choices for those interested in real estate and transformative growth sectors.
Additionally, options were listed for KRANESHARES ASIA PACIFIC HIGH INCOME USD BOND ETF (KHYB) and KRANESHARES HEDGEYE HEDGED EQUITY INDEX ETF (KSPY), catering to traders looking at high income and hedged equity strategies. GRANITESHARES introduced options for its 2X LONG MARA DAILY ETF (MRAL) and 2X LONG MRVL DAILY ETF (MVLL), offering leveraged exposure to market movements, while VANECK COMMODITY STRATEGY ETF (PIT) brought options catering to commodity strategies.
Conversely, April 23rd marked the delisting of options for Solo Brands (DTC, Financial), signaling a shift in its trading strategy or market focus. This development indicates a strategic realignment within the company’s market offerings.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Solo Brands Inc (DTC, Financial) is $0.76 with a high estimate of $1.00 and a low estimate of $0.27. The average target implies an upside of 704.96% from the current price of $0.09. More detailed estimate data can be found on the Solo Brands Inc (DTC) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, Solo Brands Inc's (DTC, Financial) average brokerage recommendation is currently 3.0, 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 Solo Brands Inc (DTC, Financial) in one year is $4.12, suggesting a upside of 4282.98% from the current price of $0.094. 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 Solo Brands Inc (DTC) Summary page.
