The Honest Company receives upgraded ratings and higher Q3 earnings forecasts

Analysts at Northland Securities raised their third‑quarter 2026 earnings estimate for The Honest Company to $0.03 per share, up from $0.02, and reaffirmed a full‑year consensus EPS of $0.10. The company reported Q3 earnings of $0.04 per share, beating the $0.01 consensus, with revenue of $80.19 million versus the $77.83 million expected. Freedom Capital upgraded its rating on Honest from "hold" to "strong‑buy," while other firms such as B. Riley Financial and Telsey Advisory Group lifted their price targets to $5.00. Morgan Stanley, Weiss Ratings and Alliance Global Partners also issued notes with mixed ratings. The stock opened around $5.45, trading above its 50‑day moving average, and the firm holds a market capitalization of roughly $600 million.