Telsey Advisory Group Raises Brilliance Earth PT to $2, Maintains Market Perform

Telsey Advisory Group Raises Brilliance Earth PT to $2, Maintains Market Perform

Title: Telsey Advisory Group Raises Price Target for Brilliant Earth Group Inc to $2, Maintains Market Perform Rating

July 2, 2025 — Telsey Advisory Group has raised its price target for Brilliant Earth Group Inc (BRLT) to $2, while maintaining a "Market Perform" rating for the company. The update comes after the company reported quarterly earnings that fell short of analyst expectations.

Brilliant Earth Group Inc reported a loss of 1 cent per share for the quarter ended June 30, 2025, compared to a loss of 3 cents per share in the same quarter last year. Revenue rose 3.3% to $108.94 million, exceeding analyst expectations of $103.77 million. The company also reported a quarterly loss of $166 thousand.

The mean earnings estimate of analysts had fallen by about 20% in the last three months. The current average analyst rating on the shares is "hold," with 1 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories retailers peer group is "buy."

Wall Street's median 12-month price target for Brilliant Earth Group Inc is $2.00, about 31% above its last closing price of $1.38.

Telsey Advisory Group's updated price target suggests a potential upside of 31% from the stock's previous close. The company's stock has seen significant volatility this year, with a 34.3% decline year-to-date. However, the updated price target reflects a more optimistic outlook on the company's future performance.

Brilliant Earth Group Inc operates in the apparel and accessories sector, focusing on sustainable and ethical products. The company's strategy of focusing on eco-friendly materials and ethical labor practices has positioned it as a leader in the industry. The recent earnings report highlights the challenges the company faces in maintaining profitability, but the updated price target suggests that analysts are optimistic about the company's ability to turn things around.

Institutional investors have also shown interest in Brilliant Earth Group Inc, with a significant portion of the stock owned by institutional investors and hedge funds. The company's strong brand and focus on sustainability make it an attractive investment for socially responsible investors.

References:
[1] Reuters. "Brilliant Earth Group Inc Reports Results for the Quarter Ended June 30." TradingView. https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3TZ2KF:0-brilliant-earth-group-inc-reports-results-for-the-quarter-ended-june-30-earnings-summary/
[2] MarketBeat. "Telsey Advisory Group Raises Price Target for Wolverine World Wide to $17.00." MarketBeat. https://www.marketbeat.com/instant-alerts/wolverine-world-wide-nysewww-given-market-perform-rating-at-telsey-advisory-group-2025-08-06/