Oatly Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Oatly stock has a consensus rating of "Buy" and an average price target of $17.75. The average 1-year stock price forecast is 113.60% higher than the current stock price, while the lowest is $12.5 (+50.42%) and the highest is $29 (+248.98%).

Price Target: $17.75 (+113.60%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$12.5	$17.75	$14	$29
Change	+50.42%	+113.60%	+68.47%	+248.98%

* Price targets were last updated on Apr 30, 2026.

Analyst Ratings

The average analyst rating for Oatly stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	3	3	3	3	3	2
Buy	2	2	2	2	2	2
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	7	7	7	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Dara Mohsenian Morgan Stanley	Morgan Stanley	Hold Maintains $15 → $13	Hold	Maintains	$15 → $13	+51.02%	Apr 30, 2026
Andrew Lazar Barclays	Barclays	Buy Maintains $14	Buy	Maintains	$14	+68.47%	Apr 29, 2026

Financial Forecast

Revenue This Year

918.90M

from 862.46M

6.54%

from 862.46M

Revenue Next Year

964.45M

from 918.90M

4.96%

from 918.90M

EPS This Year

-2.50

from -0.23

EPS Next Year

-2.07

from -2.50

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	643.19M	722.24M	783.35M	823.67M	862.46M	918.90M
Revenue Growth	52.65%	12.29%	8.46%	5.15%	4.71%	6.54%
Gross Profit	156.51M	80.03M	152.08M	236.49M	277.06M	307.22M
Gross Margin	24.33%	11.08%	19.41%	28.71%	32.12%	33.43%
Operating Income	-209.44M	-353.92M	-243.21M	-117.32M	-60.82M	-34.60M
Net Income	-212.39M	-392.57M	-416.87M	-201.95M	-152.77M	-84.10M
EPS	-	-	-	-	-0.23	-2.50
Free Cash Flow	-387.80M	-436.19M	-50.42M	-102.21M	-17.61M	-3.00M
No. Analysts	-	-	-	-	-	4

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	923.0M
Avg	918.9M
Low	915.0M

Revenue Growth

Revenue Growth	2026	2027	2028
High	7.0%
Avg	6.5%
Low	6.1%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-2.50
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-