The new price target of $60 is based on a 13.5 times multiple of DA Davidson's estimated earnings per share (EPS) for the year 2026. Currently trading at a P/E ratio of 10.3x and a Price/Book multiple of 4.83x, the stock appears overvalued according to InvestingPro 's Fair Value analysis. This adjustment signals confidence in Build-A-Bear Workshop's long-term earnings potential and its strategies for growth and diversification.Get access to the comprehensive Pro Research Report and detailed financial analysis for BBW and 1,400+ other stocks on InvestingPro. In other recent news, Build-A-Bear Workshop Inc. reported outstanding first-quarter results for 2025, exceeding both earnings and revenue forecasts. The company achieved an earnings per share (EPS) of $1.17, significantly surpassing the anticipated $0.87, and total revenue reached $128.4 million, above the expected $119.05 million. This performance marks an 11.9% increase in total revenues and a 42.7% rise in EPS compared to the previous year.