Market sentiment trackers show "hnst stock price" benefiting from positive social media buzz around its product lines, amplifying brand equity and investor confidence in short-term growth potential. The Honest Company, Inc. (NASDAQ:HNST) also reported positive results in 2024, hitting record revenue, gross margins, and adjusted EBITDA. It reported a revenue of $378 million, reflecting a 10% year-over-year growth. Its gross margins expanded 900 basis points to 38%. This was the highest annual revenue and gross margin ever for the company. It also delivered its first full year of positive adjusted EBITDA as a public company. The Zacks Consensus Estimate for the current year has increased 47.6% over the past month, as two estimates have gone higher compared to no negative revision. From a technical chart view, "hnst stock price" is forming a bullish ascending triangle pattern, historically associated with breakout potential. If support at $1.42 holds, upward movement toward $1.60 could be in play in the next two weeks.