Solo Brands (NYSE:DTC) Research Coverage Started at Piper Sandler

Piper Sandler started coverage on shares of Solo Brands (NYSE:DTC) in a research report released on Monday, Analyst Price Targets reports. The firm issued an overweight rating and a $23.00 target price on the stock. Piper Sandler also issued estimates for Solo Brands’ Q3 2021 earnings at $0.09 EPS, Q4 2021 earnings at $0.12 EPS, FY2021 earnings at $0.69 EPS, Q1 2022 earnings at $0.09 EPS, Q2 2022 earnings at $0.31 EPS, Q3 2022 earnings at $0.12 EPS, Q4 2022 earnings at $0.20 EPS, FY2022 earnings at $0.72 EPS, Q1 2023 earnings at $0.11 EPS, Q2 2023 earnings at $0.36 EPS, Q3 2023 earnings at $0.16 EPS and FY2023 earnings at $0.86 EPS.

Several other research analysts have also weighed in on DTC. Citigroup began coverage on shares of Solo Brands in a research note on Monday. They set a neutral rating and a $20.00 target price for the company. JPMorgan Chase & Co. began coverage on shares of Solo Brands in a research note on Monday. They set an overweight rating and a $27.00 target price for the company. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of Buy and an average price target of $26.00.

Solo Brands stock opened at $16.80 on Monday. Solo Brands has a 12-month low of $15.28 and a 12-month high of $23.39.

About Solo Brands

Solo Brands Inc is a DTC platform which offers products directly to consumers primarily online through lifestyle brands Solo Stove firepits, stoves, and accessories, Chubbies apparel, Oru Kayak, a folding portable kayak and Isle paddleboards. Solo Brands Inc is based in SOUTHLAKE, Texas.

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Analyst Recommendations for Solo Brands (NYSE:DTC)

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