Avient Corporation (AVNT)
NYSE: AVNT · IEX Real-Time Price · USD
42.30
+0.12 (0.28%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Avient Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Avient stock have an average target of 46.2, with a low estimate of 37 and a high estimate of 53. The average target predicts an increase of 9.22% from the current stock price of 42.30.
Analyst Consensus: Buy
* Price targets were last updated on May 8, 2024.
Analyst Ratings
The average analyst rating for Avient stock from 5 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 0 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $50 → $52 | Buy | Maintains | $50 → $52 | +22.93% | May 8, 2024 |
| Stifel | Stifel | Strong Buy Maintains $49 → $53 | Strong Buy | Maintains | $49 → $53 | +25.30% | May 8, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $45 → $49 | Buy | Maintains | $45 → $49 | +15.84% | Apr 18, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $45 → $50 | Buy | Maintains | $45 → $50 | +18.20% | Apr 11, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy → Hold Downgrades $46 → $37 | Strong Buy → Hold | Downgrades | $46 → $37 | -12.53% | Nov 6, 2023 |
Financial Forecast
Revenue This Year
3.28B
from 3.14B
Increased by 4.30%
Revenue Next Year
3.45B
from 3.28B
Increased by 5.31%
EPS This Year
2.66
from 0.83
Increased by 220.22%
EPS Next Year
3.02
from 2.66
Increased by 13.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.4B | 3.6B | 3.8B |
| Avg | 3.3B | 3.5B | 3.6B |
| Low | 3.1B | 3.3B | 3.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.2% | 9.9% | 9.7% |
| Avg | 4.3% | 5.3% | 5.5% |
| Low | -0.6% | -0.1% | -0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.78 | 3.41 | 3.69 |
| Avg | 2.66 | 3.02 | 3.48 |
| Low | 2.50 | 2.70 | 3.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 235.2% | 28.4% | 22.0% |
| Avg | 220.2% | 13.6% | 15.2% |
| Low | 201.1% | 1.4% | 5.4% |
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.