Avient Corporation (AVNT)
NYSE: AVNT · IEX Real-Time Price · USD
43.22
+0.43 (1.00%)
Apr 26, 2024, 4:00 PM EDT - Market closed
Avient Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Avient stock have an average target of 44, with a low estimate of 37 and a high estimate of 50. The average target predicts an increase of 1.80% from the current stock price of 43.22.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Avient stock from 4 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 0 |
| 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 | 6 | 6 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $45 → $49 | Buy | Maintains | $45 → $49 | +13.37% | Apr 18, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $45 → $50 | Buy | Maintains | $45 → $50 | +15.69% | Apr 11, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy → Hold Downgrades $46 → $37 | Strong Buy → Hold | Downgrades | $46 → $37 | -14.39% | Nov 6, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Reiterates $40 | Hold | Reiterates | $40 | -7.45% | Aug 1, 2023 |
| Oppenheimer | Oppenheimer | Buy Reiterates $50 | Buy | Reiterates | $50 | +15.69% | May 25, 2023 |
Financial Forecast
Revenue This Year
3.29B
from 3.14B
Increased by 4.56%
Revenue Next Year
3.46B
from 3.29B
Increased by 5.36%
EPS This Year
2.58
from 0.83
Increased by 211.07%
EPS Next Year
3.02
from 2.58
Increased by 16.79%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.4B | 3.6B | 3.8B |
| Avg | 3.3B | 3.5B | 3.7B |
| Low | 3.1B | 3.3B | 3.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.3% | 9.8% | 9.9% |
| Avg | 4.6% | 5.4% | 5.9% |
| Low | -0.4% | -0.2% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.78 | 3.44 | 4.05 |
| Avg | 2.58 | 3.02 | 3.57 |
| Low | 2.42 | 2.70 | 3.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 235.2% | 33.4% | 34.4% |
| Avg | 211.1% | 16.8% | 18.3% |
| Low | 191.6% | 4.4% | 2.4% |
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.