Owens Corning (OC)
NYSE: OC · IEX Real-Time Price · USD
172.78
-1.61 (-0.92%)
At close: Jul 19, 2024, 4:00 PM
10.04
-162.74 (-94.19%)
After-hours: Jul 20, 2024, 1:30 PM EDT
Owens Corning Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Owens Corning stock have an average target of 185.25, with a low estimate of 145 and a high estimate of 215. The average target predicts an increase of 7.22% from the current stock price of 172.78.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Owens Corning stock from 14 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 7 | 7 | 7 | 7 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 7 | 7 | 7 | 7 | 7 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 15 | 15 | 15 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $172 → $188 | Hold | Maintains | $172 → $188 | +8.81% | Jul 15, 2024 |
| Barclays | Barclays | Hold Maintains $190 → $189 | Hold | Maintains | $190 → $189 | +9.39% | Jul 12, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $178 → $191 | Hold → Strong Buy | Upgrades | $178 → $191 | +10.55% | Jul 11, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $188 → $215 | Strong Buy | Maintains | $188 → $215 | +24.44% | Jun 21, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Initiates $187 | Hold | Initiates | $187 | +8.23% | Jun 17, 2024 |
Financial Forecast
Revenue This Year
10.36B
from 9.68B
Increased by 7.01%
Revenue Next Year
11.00B
from 10.36B
Increased by 6.21%
EPS This Year
15.57
from 13.14
Increased by 18.51%
EPS Next Year
16.48
from 15.57
Increased by 5.81%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.8B | 13.5B | 14.0B |
| Avg | 10.4B | 11.0B | 11.3B |
| Low | 9.2B | 9.3B | 10.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.1% | 30.0% | 27.7% |
| Avg | 7.0% | 6.2% | 2.6% |
| Low | -4.6% | -10.3% | -9.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.75 | 20.50 | 18.88 |
| Avg | 15.57 | 16.48 | 17.14 |
| Low | 14.21 | 14.60 | 15.68 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 27.5% | 31.6% | 14.6% |
| Avg | 18.5% | 5.8% | 4.0% |
| Low | 8.1% | -6.2% | -4.9% |
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.