The ODP Corporation (ODP)
NASDAQ: ODP · IEX Real-Time Price · USD
53.05
+0.64 (1.22%)
Mar 28, 2024, 4:00 PM EDT - Market closed

The ODP Corporation Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for The ODP Corporation stock have an average target of 62, with a low estimate of 56 and a high estimate of 65. The average target predicts an increase of 16.87% from the current stock price of 53.05.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $56 $62 $65 $65
Change +5.56% +16.87% +22.53% +22.53%
* Price targets were last updated on Nov 9, 2023.

Analyst Ratings

The average analyst rating for ODP stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 222222
Buy 111111
Hold 011111
Sell 000000
Strong Sell 000000
Total 344444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Hold
Maintains
$53$56
Hold Maintains $53$56 +5.56% Nov 9, 2023
Noble Capital Markets
Noble Capital Markets
Buy
Initiates
$65
Buy Initiates $65 +22.53% Aug 23, 2023
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$60$65
Strong Buy Maintains $60$65 +22.53% Aug 10, 2023
CFRA
CFRA
Strong Buy
Upgrades
n/a
Strong Buy Upgrades n/a n/a May 12, 2023
UBS
UBS
Hold
Maintains
$50$41
Hold Maintains $50$41 -22.71% Aug 4, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
7.64B
from 7.83B
Decreased by -2.39%
Revenue Next Year
7.65B
from 7.64B
Increased by 0.08%
EPS This Year
5.78
from 3.50
Increased by 65.26%
EPS Next Year
6.93
from 5.78
Increased by 19.79%
Year 20192020202120222023202420252026
Revenue
9.67B8.87B8.47B8.49B7.83B7.64B7.65B7.51B
Revenue Growth
-12.24%-8.22%-4.59%0.31%-7.77%-2.39%0.08%-1.87%
EPS
1.79-6.05-3.793.373.505.786.937.56
EPS Growth
-3.24%---3.86%65.26%19.79%9.18%
No. Analysts -----662
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 8.1B 8.1B 7.8B
Avg 7.6B 7.7B 7.5B
Low 7.4B 7.3B 7.3B

Revenue Growth

Revenue Growth 202420252026
High
2.8%
5.5%
2.0%
Avg
-2.4%
0.1%
-1.9%
Low
-6.1%
-4.6%
-4.8%

EPS Forecast

EPS 202420252026
High 6.13 7.57 7.86
Avg 5.78 6.93 7.56
Low 5.53 6.08 7.34

EPS Growth

EPS Growth 202420252026
High
75.2%
30.9%
13.5%
Avg
65.3%
19.8%
9.2%
Low
57.9%
5.0%
5.9%
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.