Origin Materials, Inc. (ORGN)
NASDAQ: ORGN · IEX Real-Time Price · USD
1.160
-0.050 (-4.13%)
At close: May 31, 2024, 4:00 PM
1.170
+0.010 (0.86%)
After-hours: May 31, 2024, 6:43 PM EDT
Origin Materials Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Origin Materials stock have an average target of 4.00, with a low estimate of 2.00 and a high estimate of 6.00. The average target predicts an increase of 244.83% from the current stock price of 1.16.
Analyst Consensus: Buy
* Price targets were last updated on Aug 11, 2023.
Analyst Ratings
The average analyst rating for ORGN stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Hold | 1 | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades $2 | Strong Buy → Hold | Downgrades | $2 | +72.41% | Aug 11, 2023 |
Credit Suisse | Credit Suisse | Buy Maintains $7 → $6 | Buy | Maintains | $7 → $6 | +417.24% | Aug 10, 2023 |
Credit Suisse | Credit Suisse | Buy Initiates $7 | Buy | Initiates | $7 | +503.45% | Oct 14, 2022 |
Goldman Sachs | Goldman Sachs | Hold Maintains $10 → $7 | Hold | Maintains | $10 → $7 | +503.45% | Mar 1, 2022 |
B of A Securities | B of A Securities | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Jan 6, 2022 |
Financial Forecast
Revenue This Year
32.62M
from 28.81M
Increased by 13.24%
Revenue Next Year
70.04M
from 32.62M
Increased by 114.72%
EPS This Year
-0.45
from 0.17
EPS Next Year
-0.41
from -0.45
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 33.6M | 72.1M | 73.2M |
Avg | 32.6M | 70.0M | 71.1M |
Low | 31.3M | 67.3M | 68.3M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 16.6% | 121.0% | 4.5% |
Avg | 13.2% | 114.7% | 1.5% |
Low | 8.8% | 106.3% | -2.5% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | -0.46 | -0.42 | -0.12 |
Avg | -0.45 | -0.41 | -0.11 |
Low | -0.43 | -0.39 | -0.11 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | - | - | - |
Avg | - | - | - |
Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.