---
title: "Weekly Recap | Honest +11.99%, earnings beat estimates"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/304722046.md"
description: "Honest rallied 11.99% this week to close at $4.67, beating the S&P 500 by roughly 14.67 percentage points as the broader market fell 2.68%. The move built gradually: shares drifted between $4.24 and $4.73 through Wednesday, spiked to $4.75 on Thursday before fading, then surged on Friday to an intraday high of $4.99 after earnings, ending near the week’s best levels."
datetime: "2026-11-07T08:04:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/304722046.md)
  - [en](https://longbridge.com/en/news/304722046.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/304722046.md)
generator: "portal-rs"
---

# Weekly Recap | Honest +11.99%, earnings beat estimates

## The Week

Honest rallied 11.99% this week to close at $4.67, beating the S&P 500 by roughly 14.67 percentage points as the broader market fell 2.68%. The move built gradually: shares drifted between $4.24 and $4.73 through Wednesday, spiked to $4.75 on Thursday before fading, then surged on Friday to an intraday high of $4.99 after earnings, ending near the week’s best levels.

## Key Events

The week’s main story was the third-quarter report. Before Friday’s open, Honest posted FY2026 Q3 revenue of $84.61 million, down 9% year over year but ahead of estimates. Net income jumped to $91.32 million, with wipes and personal care products cited as growth drivers. The stock climbed nearly 7% after hours, and Friday’s volume of 5.48 million shares was the highest of the week.

## Analyst Ratings

Seven brokers cover Honest: four rate it buy, two hold, and one underweight. The consensus rating is buy, with a consensus target of $5.20, about 11.3% above the current $4.67. Individual targets range from $5.00 to $5.70, a narrow spread. The stock ranks 8th among 31 peers in the personal care products industry.

## The Week Ahead

Macro data dominates next week. US CPI and core CPI land on Tuesday, 10 November, with forecasts pointing to headline CPI accelerating to 3.9% year over year and core CPI to 2.8%. A surprise in either direction could shift risk appetite across the market. On the company side, the next formal disclosure is the FY2026 annual report on 25 February 2027, so no near-term earnings catalyst is scheduled.

## In Short

This week’s rally coincided with an earnings beat. Broker ratings lean positive, and the consensus target sits above spot. Yet revenue still declined year over year, the stock trades at 6.39x P/E and 1.9x book, and the latest session showed net selling from large-lot flows. The next test is whether revenue stabilises and how inflation prints feed through to growth names.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

### Related Stocks

- [HNST.US](https://longbridge.com/en/quote/HNST.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**