Danimer Scientific, Inc. (DNMR)
NYSE: DNMR · Real-Time Price · USD
4.960
+0.600 (13.76%)
Dec 27, 2024, 2:31 PM EST - Market open
Danimer Scientific Stock Forecast
DNMR's stock price has decreased by -87.56% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Danimer Scientific stock have an average target of 37.33, with a low estimate of 32 and a high estimate of 40. The average target predicts an increase of 652.62% from the current stock price of 4.96.
Analyst Consensus: Hold
* Price targets were last updated on Aug 21, 2024.
Analyst Ratings
The average analyst rating for DNMR stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $50 → $40 | Hold | Maintains | $50 → $40 | +706.45% | Aug 21, 2024 |
| TD Cowen | TD Cowen | Strong Buy → Hold Downgrades $80 → $40 | Strong Buy → Hold | Downgrades | $80 → $40 | +706.45% | Aug 13, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $52 → $32 | Strong Buy → Hold | Downgrades | $52 → $32 | +545.16% | May 22, 2024 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $140 → $50 | Buy → Hold | Downgrades | $140 → $50 | +908.06% | Apr 9, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $120 → $80 | Strong Buy | Maintains | $120 → $80 | +1,512.90% | Apr 4, 2024 |
Financial Forecast
Revenue This Year
41.16M
from 46.68M
Decreased by -11.82%
Revenue Next Year
87.29M
from 41.16M
Increased by 112.04%
EPS This Year
-32.07
from -60.97
EPS Next Year
-19.50
from -32.07
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 48.3M | 104.0M | 245.7M | |||
| Avg | 41.2M | 87.3M | 188.9M | |||
| Low | 36.7M | 76.7M | 133.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.5% | 152.5% | 181.5% | |||
| Avg | -11.8% | 112.0% | 116.4% | |||
| Low | -21.5% | 86.4% | 53.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -31.61 | -13.37 | -1.48 |
| Avg | -32.07 | -19.50 | -13.72 |
| Low | -31.90 | -24.27 | -24.99 |
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.