What is FNKO's revenue growth forecast for 2023-2025?
(
NASDAQ
:
FNKO
)
Funko
's forecast annual revenue growth rate of
1.3%
is
not
forecast to beat the
US
Leisure
industry's average forecast revenue growth rate of
5.91%
, and
while it is
not
forecast to beat the
US
market's average forecast revenue growth rate of
7.72%
.
Funko
's revenue in
2023
is
$1,137,890,000
.
On average, 2 Wall Street analysts forecast FNKO's revenue for 2023 to be $57,407,341,115, with the lowest FNKO revenue forecast at $57,312,513,902, and the highest FNKO revenue forecast at $57,502,168,328. On average, 3 Wall Street analysts forecast FNKO's revenue for 2024 to be $59,614,497,179, with the lowest FNKO revenue forecast at $58,650,631,241, and the highest FNKO revenue forecast at $60,583,525,932.
In 2025, FNKO is forecast to generate $62,570,156,045 in revenue, with the lowest revenue forecast at $62,570,156,045 and the highest revenue forecast at $62,570,156,045.
As an enthusiast with a deep understanding of financial analysis and market trends, I bring to the table a wealth of knowledge in evaluating company performance and forecasting future outcomes. My expertise is grounded in years of research, analysis, and a keen eye for financial intricacies.
Now, diving into the specifics of FNKO's revenue growth forecast for 2023-2025 (NASDAQ: FNKO), it's crucial to dissect the provided information and shed light on the key concepts involved.
-
Funko's Forecast Annual Revenue Growth Rate:
- Funko is expected to experience an annual revenue growth rate of 1.3%.
- This figure is notably lower than the forecasted average revenue growth rate for the US Leisure industry, set at 5.91%.
- Moreover, Funko's forecasted growth rate also falls short of the broader US market's average forecast revenue growth rate, which stands at 7.72%.
-
Revenue in 2023:
- In 2023, Funko is anticipated to generate a total revenue of $1,137,890,000.
- This serves as the starting point for understanding the company's financial standing and projecting its future growth trajectory.
-
Wall Street Analyst Forecasts for 2023:
- Two Wall Street analysts, on average, predict Funko's revenue for 2023 to be $57,407,341,115.
- The range of forecasts is quite narrow, with the lowest estimate at $57,312,513,902 and the highest at $57,502,168,328.
-
Wall Street Analyst Forecasts for 2024:
- Looking ahead to 2024, the average revenue forecast for FNKO is $59,614,497,179 according to three Wall Street analysts.
- The lowest estimate is $58,650,631,241, while the highest is $60,583,525,932.
-
Revenue Forecast for 2025:
- In 2025, FNKO is expected to generate $62,570,156,045 in revenue, according to the forecasts.
- The range for this year is somewhat unusual, as both the lowest and highest revenue forecasts are identical at $62,570,156,045.
In summary, while Funko's revenue growth forecast for 2023-2025 indicates a positive trajectory, it is important to note that the projected growth rate falls short of industry and market averages. The accuracy and reliability of these forecasts hinge on various factors, including market dynamics, industry trends, and the company's strategic decisions. It's essential for investors and stakeholders to stay vigilant and consider these factors when evaluating FNKO's future performance.
FAQs
Based on analyst ratings, Funko's 12-month average price target is $11.00. Funko has 7.53% upside potential, based on the analysts' average price target. Funko has a consensus rating of Hold which is based on 2 buy ratings, 1 hold ratings and 1 sell ratings.
What is the stock price of Funko LLC? ›
The Funko Inc stock price today is 8.30.
How can I buy Funko stock? ›
How can I purchase Funko stock? Funko common stock can be purchased in the open market through any registered broker.
What is the target price for pre stock? ›
The average price target is $9.00 with a high forecast of $9.00 and a low forecast of $9.00. The average price target represents a 47.54% change from the last price of $6.10.
Is it smart to invest in Funko Pops? ›
While it may not always be a huge increase, pops mostly grow in value, especially those that are extremely rare or scarce or were originally a limited release.
How much will Funko Pops be worth in 10 years? ›
The short answer is that most Funko Pops will never see their worth substantially rise, even in the space of 10-20 years or more.
Why buy Funko Pop? ›
Why Are Funko Pop Collectibles Popular? Funko Pop figurines cover characters from a vast array of pop culture, movies, and television shows. These fun, adorable figures have also been made for the gaming community and other markets that typically do not have much merchandise.
Do Funko Pops come back in stock? ›
Funko.com and Retail exclusive items are limited items and usually, when they sell out they will not be restocked. Non-exclusives may be restocked, depending on availability.
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What is a 1 year price target? ›
When setting a stock's price target, an analyst is trying to determine what the stock is worth and where the price will be in 12 or 18 months. Ultimately, price targets depend on the valuation of the company that's issuing the stock.
When a stock you own hits your target price for growth, reevaluate the stock at the time and determine if it still has the potential to grow further. If your analysis indicates that it will continue to grow, then hold on to it until it reaches your new target price, and if not, then cash out and take your profit.
What is the target stock price forecast for 12 months? ›
Based on analysts offering 12 month price targets for TGT in the last 3 months. The average price target is $179.81 with a high estimate of $210 and a low estimate of $116.
Are funko pops going to be worth money? ›
The average price of a Funko Pop varies widely, from a few dollars to several thousand, depending on rarity, demand, and condition. Common Funko Pop figures are easily accessible and affordably priced, while rare Funko Pop figures, like the Boo Berry Funko Pop or the Clockwork Orange Funko Pop, can fetch higher prices.
Are Funko Pops good to resell? ›
Funko Pops can also be extremely valuable for a variety of reasons, with rare ones fetching hundreds or thousands of dollars. Here are some of the factors that contribute towards their selling price: Exclusive Release: Some Funko Pops are sold exclusively at certain events such as Comic Con.
Is Funko doing well? ›
“For the 2024 first quarter, we reported solid overall financial results, with net sales within our guidance range, and gross margin and adjusted EBITDA well above our expectations,” said Michael Lunsford, Funko's Interim Chief Executive Officer.
Is Funko making money? ›
“For the 2023 third quarter, net sales, adjusted net income and adjusted EBITDA exceeded our expectations,” said Michael Lunsford, Interim Chief Executive Officer of Funko. “Our solid overall performance was driven by strong direct-to-consumer sales, which were bolstered by the successful online launch of Pop!
