Equities Analysts Set Expectations for BRLT FY2026 Earnings

Brilliant Earth Group, Inc. (NASDAQ:BRLT) – Research analysts at Telsey Advisory Group dropped their FY2026 earnings per share estimates for shares of Brilliant Earth Group in a report issued on Wednesday, October 29th. Telsey Advisory Group analyst D. Telsey now forecasts that the company will earn $0.02 per share for the year, down from their previous estimate of $0.03. Telsey Advisory Group currently has a “Market Perform” rating and a $2.00 target price on the stock. The consensus estimate for Brilliant Earth Group’s current full-year earnings is ($0.02) per share.

A number of other research analysts have also recently issued reports on BRLT. Zacks Research raised shares of Brilliant Earth Group from a “strong sell” rating to a “hold” rating in a report on Monday, September 15th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Brilliant Earth Group in a report on Wednesday, October 8th. Wall Street Zen upgraded Brilliant Earth Group to a “strong-buy” rating in a research note on Saturday, September 20th. B. Riley initiated coverage on Brilliant Earth Group in a research note on Tuesday, October 7th. They issued a “buy” rating and a $3.00 target price for the company. Finally, Cowen restated a “hold” rating on shares of Brilliant Earth Group in a research note on Friday, August 8th. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $2.20.

Brilliant Earth Group Stock Down 2.4%

Shares of Brilliant Earth Group stock opened at $2.41 on Friday. The firm has a market capitalization of $240.40 million, a P/E ratio of -80.33 and a beta of 1.37. The company has a 50 day moving average price of $2.48 and a 200 day moving average price of $1.86. Brilliant Earth Group has a 52 week low of $1.25 and a 52 week high of $3.10.

Brilliant Earth Group (NASDAQ:BRLT) last released its quarterly earnings results on Wednesday, June 12th. The company reported $0.03 EPS for the quarter. Brilliant Earth Group had a negative return on equity of 1.57% and a net margin of 0.44%.The company had revenue of $97.70 million during the quarter.

Brilliant Earth Group Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, September 8th. Investors of record on Friday, August 22nd were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, August 22nd.

Hedge Funds Weigh In On Brilliant Earth Group

A hedge fund recently raised its stake in Brilliant Earth Group stock. Klingman & Associates LLC raised its stake in shares of Brilliant Earth Group, Inc. (NASDAQ:BRLT) by 61.5% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 148,273 shares of the company’s stock after buying an additional 56,451 shares during the period. Klingman & Associates LLC owned about 0.15% of Brilliant Earth Group worth $204,000 at the end of the most recent quarter. 70.41% of the stock is currently owned by institutional investors.

About Brilliant Earth Group

Brilliant Earth Group, Inc designs, procures, and sells diamonds, gemstones, and jewelry in the United States and internationally. The company’s product assortment and merchandise include a collection of diamond engagement rings, wedding and anniversary rings, gemstone rings, and fine jewelry. It sells directly to consumers through its omnichannel sales platform, including e-commerce and showrooms.