Barrett Business Services

BBSI · NASDAQ

$32.08+$0.32 (+1.01%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $31.76

BBSI analyst rating

BuyConsensus of 2 analysts over the last 12 months. 50% rate it a buy.

Strong buy0
Buy1
Hold1
Underperform0
Sell0

12-month price target · 6 analysts

Average $41.56 (+29.6% upside)

Low: $38.38
Now: $32.08
High: $46.20

Upgrades and downgrades

The latest rating actions, newest first

BBSI analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Roth Capital	Aug 6, 2026	Downgrade	Buy → Neutral	$42.00 → $38.00	62%
Barrington Research	Apr 27, 2026	Maintains	Outperform	$41.00	22%
Barrington Research	Feb 26, 2026	Maintains	Outperform	$46.00 → $41.00	22%
Roth Capital	Feb 26, 2026	Maintains	Buy	$54.00 → $42.00	62%
Barrington Research	Feb 19, 2026	Maintains	Outperform	$46.00	22%
Barrington Research	Feb 2, 2026	Maintains	Outperform	$46.00	22%
Barrington Research	Jan 5, 2026	Maintains	Outperform	$46.00	22%
Barrington Research	Nov 6, 2025	Maintains	Outperform	$49.00 → $46.00	22%
Barrington Research	Oct 28, 2025	Maintains	Outperform	$49.00	22%
Barrington Research	Oct 21, 2025	Maintains	Outperform	$49.00	22%

The case for and against

Updated Aug 18, 2026

Bull case

Barrett Business Services is showing strong financial performance, with year-over-year revenue growth of 5% and an increase in gross billings of 6.4%. The company's PEO business, which accounts for the majority of revenue, is performing well with a 5.1% increase in average worksite employees. Additionally, BBSI has a strong sales pipeline, as evident by a 26% increase in active referral partners and continued investment in technology to enhance client efficiency. However, potential risks include a negative change in labor market conditions and a general economic slowdown, which could impact the company's staffing business. Overall, BBSI is well-positioned to continue its growth, supported by its strong financials and strategic initiatives to drive sales and efficiency.

Bear case

Barrett Business Services is facing several challenges that will likely impact its financial performance and stock price in the coming years. These include a slowdown in client hiring and an expected pressure on gross margins as a result of a low rate workers' compensation environment. This will likely lead to a deceleration in revenue and earnings growth for the company. Additionally, BBSI's geographic concentration in California exposes it to economic and regulatory conditions that could affect its profitability and growth potential. These challenges, along with potential negative claims development from its exposure to workers' compensation insurance, contribute to a negative outlook on the stock.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.