The Honest Company, Inc. (NASDAQ:HNST – Free Report) – Equities researchers at Northland Securities increased their Q3 2026 earnings per share (EPS) estimates for shares of Honest in a report released on Thursday, August 6th. Northland Securities analyst O. Rickert now expects that the company will post earnings per share of $0.03 for the quarter, up from their prior forecast of $0.02. The consensus estimate for Honest’s current full-year earnings is $0.10 per share. Northland Securities also issued estimates for Honest’s Q4 2026 earnings at $0.03 EPS.
Honest (NASDAQ:HNST – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.03. The business had revenue of $80.19 million for the quarter, compared to the consensus estimate of $77.83 million. Honest had a positive return on equity of 4.26% and a negative net margin of 3.56%.
Read Our Latest Research Report on Honest
Honest Stock Up 40.8%
Shares of NASDAQ:HNST opened at $5.42 on Friday. Honest has a 52-week low of $2.07 and a 52-week high of $5.84. The stock has a market cap of $596.63 million, a price-to-earnings ratio of -49.27 and a beta of 2.12. The business has a 50-day moving average price of $3.74 and a 200-day moving average price of $3.17.
Institutional Trading of Honest
A number of hedge funds have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd grew its position in Honest by 1,392.2% during the third quarter. Caitong International Asset Management Co. Ltd now owns 7,073 shares of the company’s stock valued at $26,000 after buying an additional 6,599 shares during the period. Amicus Financial Advisors LLC acquired a new position in shares of Honest in the fourth quarter worth about $29,000. Hibernia Wealth Partners LLC purchased a new stake in shares of Honest during the 4th quarter worth about $32,000. Equity Wealth Partners LLC purchased a new stake in shares of Honest during the 3rd quarter worth about $37,000. Finally, CIBC Bancorp USA Inc. acquired a new stake in shares of Honest during the 3rd quarter valued at about $39,000. 45.54% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Honest news, CFO Curtiss James Bruce III sold 12,669 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $3.14, for a total value of $39,780.66. Following the completion of the transaction, the chief financial officer directly owned 526,157 shares of the company’s stock, valued at approximately $1,652,132.98. The trade was a 2.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Stephen Winchell sold 12,886 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $3.14, for a total value of $40,462.04. Following the completion of the sale, the insider owned 483,293 shares in the company, valued at approximately $1,517,540.02. This represents a 2.60% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 175,058 shares of company stock valued at $550,591 in the last ninety days. Insiders own 9.40% of the company’s stock.
Key Stories Impacting Honest
Here are the key news stories impacting Honest this week:
- Positive Sentiment: Q2 profitability and margins improved significantly. Revenue was $83.3 million, while organic revenue grew 6.7%. Gross margin expanded to 48.4% from the prior-year period, underlying adjusted EBITDA reached $7.8 million with a 9.8% margin, and net income rose to $10.7 million. Cash and equivalents increased to $105.9 million. The Honest Company Reports Second Quarter 2026 Results
- Positive Sentiment: Results exceeded analyst expectations. Honest reported quarterly EPS of $0.04, above consensus estimates of roughly $0.01-$0.02, and revenue also surpassed expectations. EPS compared favorably with $0.03 in the year-ago quarter. Honest Q2 Earnings and Revenues Beat Estimates
- Positive Sentiment: Management raised its FY2026 outlook. The company now expects revenue of $319 million-$325 million, above the approximately $310.1 million consensus forecast, and adjusted EBITDA of $23 million-$25 million. Management cited continued momentum in higher-margin growth platforms and plans to reinvest in sustainable growth. Honest Outlines Raised FY2026 Outlook
- Neutral Sentiment: B. Riley raised its HNST price target to $5 from $4 and maintained a Buy rating. However, the new target remained below the stock’s cited trading level, suggesting limited near-term upside under that analyst’s valuation. Honest Price Target Update
- Negative Sentiment: Some investor caution remains because reported revenue declined 10.9% year over year despite organic growth, and commentary has emphasized the need for more consistent operational improvement. The stock’s elevated valuation and recent rally could also increase sensitivity to future execution. The Honest Company Awaiting More Consistent Improvements
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.
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