Brilliant Earth Group, Inc. (BRLT) – What Are Investment Firms Thinking About This Stock?

Brilliant Earth Group, Inc. (NASDAQ:BRLT) has received a consensus rating of “Reduce” from the eight analysts that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating and seven have issued a hold rating on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $1.62.

A number of research analysts have weighed in on the company. Weiss Ratings raised Brilliant Earth Group from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, August 13th. Jefferies Financial Group reaffirmed a “hold” rating and set a $1.40 price target on shares of Brilliant Earth Group in a research report on Thursday, November 5th.

Brilliant Earth Group Trading Up 2.3%

Shares of BRLT stock opened at $1.33 on Friday. Brilliant Earth Group has a 12-month low of $1.00 and a 12-month high of $2.32. The firm’s 50 day moving average is $1.44 and its 200 day moving average is $1.34. The stock has a market capitalization of $135.42 million, a P/E ratio of -5.12 and a beta of 1.47.

Brilliant Earth Group (NASDAQ:BRLT) last posted its earnings results on Thursday, November 5th. The company reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.01. The business had revenue of $112.81 million during the quarter, compared to the consensus estimate of $110.15 million. Brilliant Earth Group had a negative net margin of 0.59% and a negative return on equity of 13.11%. As a group, equities analysts predict that Brilliant Earth Group will post 0.02 earnings per share for the current year.

About Brilliant Earth Group

Brilliant Earth Group, Inc. is a digitally focused fine jewelry company that designs and sells engagement rings, wedding bands, fine jewelry, and related accessories. Its products include natural and lab-grown diamonds, gemstones, recycled precious metals, and customizable jewelry designs. The company operates through an e-commerce platform supported by showrooms and appointments, allowing customers to research, design, and purchase jewelry online or through in-person consultations. Brilliant Earth emphasizes product transparency and sourcing, including diamond origin information and options intended to support responsible sourcing practices.