Danimer Scientific, Inc. (DNMR)
NYSE: DNMR · IEX Real-Time Price · USD
0.555
-0.007 (-1.30%)
At close: Jul 2, 2024, 4:00 PM
0.589
+0.034 (6.09%)
After-hours: Jul 2, 2024, 7:19 PM EDT
Danimer Scientific Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Danimer Scientific stock have an average target of 1.35, with a low estimate of 0.80 and a high estimate of 2.00. The average target predicts an increase of 143.16% from the current stock price of 0.56.
Analyst Consensus: Buy
* Price targets were last updated on May 22, 2024.
Analyst Ratings
The average analyst rating for DNMR stock from 3 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 | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 2 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $1.3 → $0.8 | Strong Buy → Hold | Downgrades | $1.3 → $0.8 | +44.09% | May 22, 2024 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $3.5 → $1.25 | Buy → Hold | Downgrades | $3.5 → $1.25 | +125.14% | Apr 9, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $3 → $2 | Strong Buy | Maintains | $3 → $2 | +260.23% | Apr 4, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $5.5 → $4 | Buy | Maintains | $5.5 → $4 | +620.46% | Oct 11, 2023 |
| Piper Sandler | Piper Sandler | Buy Maintains $7 → $8 | Buy | Maintains | $7 → $8 | +1,340.92% | Jun 1, 2023 |
Financial Forecast
Revenue This Year
77.01M
from 46.68M
Increased by 64.97%
Revenue Next Year
140.13M
from 77.01M
Increased by 81.96%
EPS This Year
-0.91
from -1.52
EPS Next Year
-0.57
from -0.91
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 115.5M | 160.7M | 311.9M | 448.4M | 646.8M |
| Avg | 77.0M | 140.1M | 302.9M | 386.0M | 529.7M |
| Low | 54.5M | 117.7M | 291.1M | 295.1M | 418.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 147.4% | 108.6% | 122.5% | 48.0% | 67.5% |
| Avg | 65.0% | 82.0% | 116.2% | 27.4% | 37.2% |
| Low | 16.7% | 52.8% | 107.7% | -2.6% | 8.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.84 | -0.42 | -0.68 |
| Avg | -0.91 | -0.57 | -0.66 |
| Low | -1.03 | -0.76 | -0.64 |
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.