Telsey Advisory Group Reiterates Market Perform Rating for Brilliant Earth Group (NASDAQ:BRLT)

Brilliant Earth Group (NASDAQ:BRLT)‘s stock had its “market perform” rating restated by Telsey Advisory Group in a research note issued to investors on Wednesday,Benzinga reports. They presently have a $2.00 target price on the stock. Telsey Advisory Group’s price target suggests a potential downside of 19.03% from the company’s current price. Telsey Advisory Group also issued estimates for Brilliant Earth Group’s Q4 2025 earnings at $0.04 EPS.

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

Brilliant Earth Group Trading Up 0.8%

Shares of Brilliant Earth Group stock opened at $2.47 on Wednesday. The firm has a market capitalization of $246.38 million, a PE ratio of -82.33 and a beta of 1.37. Brilliant Earth Group has a twelve month low of $1.25 and a twelve month high of $3.10. The firm’s 50-day moving average price is $2.47 and its 200 day moving average price is $1.86.

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 net margin of 0.44% and a negative return on equity of 1.57%. The firm had revenue of $97.70 million for the quarter. On average, sell-side analysts predict that Brilliant Earth Group will post -0.02 EPS for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Brilliant Earth Group stock. Klingman & Associates LLC increased its position in shares of Brilliant Earth Group, Inc. (NASDAQ:BRLT) by 61.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 148,273 shares of the company’s stock after purchasing an additional 56,451 shares during the period. Klingman & Associates LLC owned approximately 0.15% of Brilliant Earth Group worth $204,000 as of its most recent SEC filing. Institutional investors and hedge funds own 70.41% of the company’s stock.

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.