Origin Materials, Inc. (ORGN)
NASDAQ: ORGN · Real-Time Price · USD
1.240
+0.050 (4.20%)
At close: Nov 22, 2024, 4:00 PM
1.210
-0.030 (-2.42%)
After-hours: Nov 22, 2024, 7:23 PM EST
Origin Materials Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Origin Materials stock has a target of 3.00, which predicts an increase of 141.94% from the current stock price of 1.24.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 16, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for ORGN is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $1.35 → $3 | Hold → Strong Buy | Upgrades | $1.35 → $3 | +141.94% | Aug 16, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades $2 | Strong Buy → Hold | Downgrades | $2 | +61.29% | Aug 11, 2023 |
| Credit Suisse | Credit Suisse | Buy Maintains $7 → $6 | Buy | Maintains | $7 → $6 | +383.87% | Aug 10, 2023 |
| Credit Suisse | Credit Suisse | Buy Initiates $7 | Buy | Initiates | $7 | +464.52% | Oct 14, 2022 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $10 → $7 | Hold | Maintains | $10 → $7 | +464.52% | Mar 1, 2022 |
Financial Forecast
Revenue This Year
31.87M
from 28.81M
Increased by 10.62%
Revenue Next Year
87.94M
from 31.87M
Increased by 175.99%
EPS This Year
-0.46
from 0.17
EPS Next Year
-0.36
from -0.46
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 32.8M | 90.5M | 73.2M |
| Avg | 31.9M | 87.9M | 71.1M |
| Low | 30.6M | 84.5M | 68.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.9% | 184.1% | -16.8% |
| Avg | 10.6% | 176.0% | -19.2% |
| Low | 6.3% | 165.2% | -22.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.47 | -0.37 | -0.12 |
| Avg | -0.46 | -0.36 | -0.11 |
| Low | -0.44 | -0.34 | -0.11 |
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.