Danimer Scientific, Inc. (DNMR)
NYSE: DNMR · Real-Time Price · USD
5.06
-0.65 (-11.38%)
Nov 21, 2024, 4:00 PM EST - Market closed
Danimer Scientific Stock Forecast
DNMR's stock price has decreased by -90.15% 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 637.75% from the current stock price of 5.06.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 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 | +690.51% | Aug 21, 2024 |
| TD Cowen | TD Cowen | Strong Buy → Hold Downgrades $80 → $40 | Strong Buy → Hold | Downgrades | $80 → $40 | +690.51% | Aug 13, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $52 → $32 | Strong Buy → Hold | Downgrades | $52 → $32 | +532.41% | May 22, 2024 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $140 → $50 | Buy → Hold | Downgrades | $140 → $50 | +888.14% | Apr 9, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $120 → $80 | Strong Buy | Maintains | $120 → $80 | +1,481.03% | Apr 4, 2024 |
Financial Forecast
Revenue This Year
42.31M
from 46.68M
Decreased by -9.38%
Revenue Next Year
92.94M
from 42.31M
Increased by 119.69%
EPS This Year
-0.83
from -60.97
EPS Next Year
-0.48
from -0.83
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 48.3M | 104.0M | 245.7M | ||
| Avg | 42.3M | 92.9M | 188.2M | ||
| Low | 36.6M | 76.7M | 132.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.5% | 145.7% | 164.4% | ||
| Avg | -9.4% | 119.7% | 102.5% | ||
| Low | -21.6% | 81.3% | 42.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.79 | -0.37 | -0.28 |
| Avg | -0.83 | -0.48 | -0.39 |
| Low | -0.84 | -0.68 | -0.49 |
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.