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Highlights
• Six brokerages cover Waldencast, with five buy ratings and one hold rating.
• Analysts’ 12-month average price target is USD 5.11 per share.
• Institutional investors currently hold approximately 41.97% of Waldencast shares.

Waldencast plc (NASDAQ: WALD) has received an average analyst rating of “Moderate Buy” according to Marketbeat.com, based on six brokerages currently covering the stock. Among the analysts, five have issued buy recommendations and one has assigned a hold rating. The consensus 12-month price target for the shares is USD 5.11, reflecting Wall Street’s expectations for the company’s near-term performance.

Several brokerages have adjusted their outlooks on Waldencast in recent months. Wall Street Zen downgraded the stock from “hold” to “sell” on May 22, 2025. Alliance Global Partners reiterated its “buy” rating on May 15, 2025, while Industrial Alliance Securities maintained a USD 5.00 target price on April 22. Canaccord Genuity Group lowered its target from USD 6.00 to USD 5.00 but kept a “buy” rating on May 15. Telsey Advisory Group also adjusted its price target from USD 5.00 to USD 4.00 while assigning an “outperform” rating.

The company’s shares have seen active trading, recently moving higher by 7.1% in market activity. This comes alongside ongoing institutional interest, with 41.97% of the stock held by hedge funds and institutional investors.

Recent filings show that multiple institutional investors adjusted their holdings in late 2024 and early 2025. Wells Fargo & Company MN increased its stake by 29.9% to 14,571 shares, valued at USD 59,000. Barclays PLC lifted its holdings by 15.1% to 37,342 shares worth USD 150,000. Northern Trust Corp grew its stake by 4.1%, now holding 167,662 shares valued at USD 674,000. Rhumbline Advisers increased its position by 15.2% in the first quarter, while Renaissance Technologies LLC raised its stake by 10.3% to 91,800 shares worth USD 369,000.

With a combination of upward revisions and target reductions, the consensus reflects cautious optimism. Analysts are weighing the company’s operational progress and market conditions against recent volatility and adjusted expectations.