Origin Materials, Inc. (ORGN)
NASDAQ: ORGN · IEX Real-Time Price · USD
0.705
+0.012 (1.73%)
At close: Apr 26, 2024, 4:00 PM
0.683
-0.021 (-3.01%)
After-hours: Apr 26, 2024, 4:15 PM EDT
Origin Materials Stock Forecast
ORGN's stock price has decreased by -81.48% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Origin Materials stock have an average target of 4.00, with a low estimate of 2.00 and a high estimate of 6.00. The average target predicts an increase of 467.78% from the current stock price of 0.70.
Analyst Consensus: Buy
* Price targets were last updated on Aug 11, 2023.
Analyst Ratings
The average analyst rating for ORGN 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 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades $2 | Strong Buy → Hold | Downgrades | $2 | +183.89% | Aug 11, 2023 |
| Credit Suisse | Credit Suisse | Buy Maintains $7 → $6 | Buy | Maintains | $7 → $6 | +751.67% | Aug 10, 2023 |
| Credit Suisse | Credit Suisse | Buy Initiates $7 | Buy | Initiates | $7 | +893.61% | Oct 14, 2022 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $10 → $7 | Hold | Maintains | $10 → $7 | +893.61% | Mar 1, 2022 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Jan 6, 2022 |
Financial Forecast
Revenue This Year
30.62M
from 28.81M
Increased by 6.30%
Revenue Next Year
52.49M
from 30.62M
Increased by 71.42%
EPS This Year
-0.46
from 0.17
EPS Next Year
-0.27
from -0.46
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 33.2M | 66.9M | 73.2M | 256.7M | 450.7M |
| Avg | 30.6M | 52.5M | 71.1M | 242.4M | 379.7M |
| Low | 27.8M | 38.4M | 68.3M | 226.2M | 309.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.3% | 118.5% | 39.4% | 261.1% | 85.9% |
| Avg | 6.3% | 71.4% | 35.4% | 241.0% | 56.6% |
| Low | -3.4% | 25.5% | 30.1% | 218.1% | 27.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.41 | -0.20 | -0.12 | -0.15 | -0.06 |
| Avg | -0.46 | -0.27 | -0.11 | -0.18 | -0.09 |
| Low | -0.50 | -0.33 | -0.11 | -0.22 | -0.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.