Danimer Scientific, Inc. (DNMR)
NYSE: DNMR · IEX Real-Time Price · USD
0.849
+0.047 (5.84%)
At close: Apr 23, 2024, 4:00 PM
0.824
-0.025 (-2.89%)
After-hours: Apr 23, 2024, 7:58 PM EDT
Danimer Scientific Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Danimer Scientific stock have an average target of 1.63, with a low estimate of 1.25 and a high estimate of 2.00. The average target predicts an increase of 92.10% from the current stock price of 0.85.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for DNMR stock from 2 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 | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $3.5 → $1.25 | Buy → Hold | Downgrades | $3.5 → $1.25 | +47.32% | Apr 9, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $3 → $2 | Strong Buy | Maintains | $3 → $2 | +135.71% | Apr 4, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $5.5 → $4 | Buy | Maintains | $5.5 → $4 | +371.42% | Oct 11, 2023 |
| Piper Sandler | Piper Sandler | Buy Maintains $7 → $8 | Buy | Maintains | $7 → $8 | +842.84% | Jun 1, 2023 |
| Piper Sandler | Piper Sandler | Buy Maintains $6 → $7 | Buy | Maintains | $6 → $7 | +724.99% | Apr 3, 2023 |
Financial Forecast
Revenue This Year
77.53M
from 46.68M
Increased by 66.07%
Revenue Next Year
153.58M
from 77.53M
Increased by 98.09%
EPS This Year
-0.83
from -1.52
EPS Next Year
-0.73
from -0.83
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 99.3M | 164.5M | 285.2M | 688.8M | 857.9M |
| Avg | 77.5M | 153.6M | 277.0M | 546.6M | 636.3M |
| Low | 61.9M | 137.2M | 266.2M | 296.7M | 422.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 112.8% | 112.2% | 85.7% | 148.6% | 56.9% |
| Avg | 66.1% | 98.1% | 80.4% | 97.3% | 16.4% |
| Low | 32.5% | 77.0% | 73.3% | 7.1% | -22.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.80 | -0.56 | -0.82 | 0.11 | 0.21 |
| Avg | -0.83 | -0.73 | -0.80 | 0.10 | 0.20 |
| Low | -0.84 | -0.88 | -0.76 | 0.10 | 0.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | 105.9% |
| Avg | - | - | - | - | 100.0% |
| Low | - | - | - | - | 92.2% |
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.