Honest (HNST) Projected to Post Earnings on Wednesday

Honest (NASDAQ:HNST) is anticipated to release its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect Honest to post earnings of $0.01 per share and revenue of $76.2450 million for the quarter. Interested persons may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Wednesday, May 6, 2026 at 4:45 PM ET.

Honest (NASDAQ:HNST) last posted its quarterly earnings data on Wednesday, February 25th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.23). The business had revenue of $88.04 million for the quarter, compared to the consensus estimate of $88.57 million. Honest had a negative net margin of 4.22% and a positive return on equity of 4.57%. On average, analysts expect Honest to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Honest Stock Performance

NASDAQ:HNST opened at $3.34 on Tuesday. The firm has a market capitalization of $375.18 million, a price-to-earnings ratio of -23.86 and a beta of 2.15. Honest has a 52-week low of $2.07 and a 52-week high of $5.55. The stock has a fifty day moving average of $2.93 and a 200 day moving average of $2.80.

Honest declared that its Board of Directors has authorized a share buyback plan on Friday, February 20th that permits the company to buyback $25.00 million in outstanding shares. This buyback authorization permits the company to repurchase up to 9.9% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Wall Street Zen cut Honest from a “hold” rating to a “sell” rating in a report on Saturday, April 4th. Morgan Stanley set a $3.00 price objective on Honest in a report on Wednesday, March 4th. Weiss Ratings reissued a “sell (d+)” rating on shares of Honest in a research note on Thursday, January 22nd. Zacks Research raised Honest from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 26th. Finally, Telsey Advisory Group restated a “market perform” rating and set a $3.00 price target on shares of Honest in a report on Thursday, February 26th. One research analyst has rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $3.00.

Insider Transactions at Honest

In other news, CEO Carla Vernon sold 129,335 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $2.85, for a total value of $368,604.75. Following the sale, the chief executive officer directly owned 4,065,546 shares of the company’s stock, valued at $11,586,806.10. The trade was a 3.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, General Counsel Brendan Sheehey sold 22,556 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $2.85, for a total value of $64,284.60. Following the completion of the transaction, the general counsel directly owned 725,672 shares in the company, valued at $2,068,165.20. This trade represents a 3.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 191,894 shares of company stock worth $546,898. Company insiders own 9.40% of the company’s stock.

Hedge Funds Weigh In On Honest

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HNST. Caitong International Asset Management Co. Ltd lifted its position in Honest by 1,392.2% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 7,073 shares of the company’s stock valued at $26,000 after acquiring an additional 6,599 shares in the last quarter. Equity Wealth Partners LLC bought a new position in Honest in the 3rd quarter valued at approximately $37,000. CIBC Bancorp USA Inc. bought a new position in Honest in the 3rd quarter valued at approximately $39,000. Northwestern Mutual Wealth Management Co. lifted its position in Honest by 85,544.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 15,416 shares of the company’s stock valued at $57,000 after acquiring an additional 15,398 shares in the last quarter. Finally, Abel Hall LLC bought a new position in Honest in the 4th quarter valued at approximately $60,000. 45.54% of the stock is owned by institutional investors.

About Honest

The Honest Company, Inc (NASDAQ: HNST) is an American consumer goods firm specializing in eco-friendly and responsibly formulated products for babies, personal care, beauty and home cleaning. The company emphasizes transparency in ingredient sourcing and product safety, positioning itself in the premium segment of mass-market retail and direct-to-consumer channels.

Honest was founded in 2011 by actress Jessica Alba and environmental health advocate Christopher Gavigan with a mission to offer parents household and baby care items free from harsh chemicals and synthetic fragrances.