Loop Industries (LOOP) Stock Forecast, Price Target & Predictions
LOOP Stock Forecast
Loop Industries stock forecast is as follows: an average price target of $3.00 (represents a 154.24% upside from LOOP’s last price of $1.18) and
LOOP Price Target
Loop Industries Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 30, 2024 | Nicholas Boychuk | Loop Capital Markets | $3.00 | $1.91 | 57.07% | 154.24% |
The latest Loop Industries stock forecast, released on Sep 30, 2024 by Nicholas Boychuk from Loop Capital Markets, set a price target of $3.00, which represents a 57.07% increase from the stock price at the time of the forecast ($1.91), and a 154.24% increase from LOOP last price ($1.18).
Loop Industries Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $3.00 |
| Last Closing Price | $1.18 | $1.18 | $1.18 |
| Upside/Downside | -100.00% | -100.00% | 154.24% |
In the current month, the average price target of Loop Industries stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Loop Industries's last price of $1.18. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Loop Industries Financial Forecast
Loop Industries Revenue Forecast
| Mar 27 | Nov 26 | Aug 26 | May 26 | Mar 26 | Nov 25 | Aug 25 | May 25 | Mar 25 | Nov 24 | Aug 24 | May 24 | Mar 24 | Nov 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $26.00K | $54.00K | $27.00K | - | - | $135.43K | $24.92K |
| Avg Forecast | $830.00K | $1.23M | $1.23M | $630.00K | $315.00K | $315.00K | $315.00K | $315.00K | $163.00K | $31.33K | $38.00K | $75.00K | $45.00K | $35.00K | $27.00K | $120.00K | $19.00K | $187.67K | $123.67K | $112.50K |
| High Forecast | $830.00K | $1.23M | $1.23M | $630.00K | $315.00K | $315.00K | $315.00K | $315.00K | $163.00K | $31.33K | $40.00K | $75.00K | $45.00K | $35.00K | $27.00K | $120.00K | $19.00K | $187.67K | $123.67K | $112.50K |
| Low Forecast | $830.00K | $1.23M | $1.23M | $630.00K | $315.00K | $315.00K | $315.00K | $315.00K | $163.00K | $31.33K | $36.00K | $75.00K | $45.00K | $35.00K | $27.00K | $120.00K | $19.00K | $187.67K | $123.67K | $112.50K |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.74% | 2.00% | 0.23% | - | - | 1.10% | 0.22% |
Loop Industries's average Quarter revenue forecast for Mar 24 based on 1 analysts is $45.00K, with a low forecast of $45.00K, and a high forecast of $45.00K. LOOP's average Quarter revenue forecast represents a 73.08% increase compared to the company's last Quarter revenue of $26.00K (Nov 23).
Loop Industries EBITDA Forecast
| Mar 27 | Nov 26 | Aug 26 | May 26 | Mar 26 | Nov 25 | Aug 25 | May 25 | Mar 25 | Nov 24 | Aug 24 | May 24 | Mar 24 | Nov 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-4.10M | $-4.61M | $-6.84M | - | - | $-7.62M | $-17.83M |
| Avg Forecast | $-166.00K | $-246.00K | $-246.00K | $-126.00K | $-63.00K | $-63.00K | $-63.00K | $-63.00K | $-32.60K | $-6.27K | $-7.60K | $-15.00K | $-9.00K | $-7.00K | $-5.40K | $-24.00K | $-3.80K | $-37.53K | $-24.73K | $-22.50K |
| High Forecast | $-166.00K | $-246.00K | $-246.00K | $-126.00K | $-63.00K | $-63.00K | $-63.00K | $-63.00K | $-32.60K | $-6.27K | $-7.20K | $-15.00K | $-9.00K | $-7.00K | $-5.40K | $-24.00K | $-3.80K | $-37.53K | $-24.73K | $-22.50K |
| Low Forecast | $-166.00K | $-246.00K | $-246.00K | $-126.00K | $-63.00K | $-63.00K | $-63.00K | $-63.00K | $-32.60K | $-6.27K | $-8.00K | $-15.00K | $-9.00K | $-7.00K | $-5.40K | $-24.00K | $-3.80K | $-37.53K | $-24.73K | $-22.50K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 585.51% | 853.49% | 285.22% | - | - | 308.11% | 792.28% |
undefined analysts predict LOOP's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Loop Industries's previous annual EBITDA (undefined) of $NaN.
Loop Industries Net Income Forecast
| Mar 27 | Nov 26 | Aug 26 | May 26 | Mar 26 | Nov 25 | Aug 25 | May 25 | Mar 25 | Nov 24 | Aug 24 | May 24 | Mar 24 | Nov 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-4.24M | $-4.75M | $-13.95M | - | - | $-7.74M | $-18.05M |
| Avg Forecast | $-1.88M | $-1.52M | $-1.62M | $-2.20M | $-2.36M | $-2.45M | $-3.00M | $-3.81M | $-3.38M | $-4.24M | $-4.36M | $-4.29M | $-5.00M | $-3.57M | $-5.00M | $-6.03M | $-3.02M | $-9.40M | $-7.61M | $-13.79M |
| High Forecast | $-1.88M | $-1.52M | $-1.62M | $-2.20M | $-2.36M | $-2.45M | $-3.00M | $-3.81M | $-3.38M | $-4.24M | $-4.36M | $-4.29M | $-5.00M | $-3.57M | $-5.00M | $-6.03M | $-3.02M | $-9.40M | $-7.61M | $-13.79M |
| Low Forecast | $-1.88M | $-1.52M | $-1.62M | $-2.20M | $-2.36M | $-2.45M | $-3.00M | $-3.81M | $-3.38M | $-4.24M | $-4.36M | $-4.29M | $-5.00M | $-3.57M | $-5.00M | $-6.03M | $-3.02M | $-9.40M | $-7.61M | $-13.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.19% | 0.95% | 2.31% | - | - | 1.02% | 1.31% |
Loop Industries's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. LOOP's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Loop Industries SG&A Forecast
| Mar 27 | Nov 26 | Aug 26 | May 26 | Mar 26 | Nov 25 | Aug 25 | May 25 | Mar 25 | Nov 24 | Aug 24 | May 24 | Mar 24 | Nov 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.46M | $2.84M | $2.46M | - | - | $4.01M | $11.04M |
| Avg Forecast | $31.33M | $46.43M | $46.43M | $23.78M | $11.89M | $11.89M | $11.89M | $11.89M | $6.15M | $1.18M | $1.43M | $2.83M | $1.70M | $1.32M | $1.02M | $4.53M | $717.16K | $7.08M | $4.67M | $4.25M |
| High Forecast | $31.33M | $46.43M | $46.43M | $23.78M | $11.89M | $11.89M | $11.89M | $11.89M | $6.15M | $1.18M | $1.51M | $2.83M | $1.70M | $1.32M | $1.02M | $4.53M | $717.16K | $7.08M | $4.67M | $4.25M |
| Low Forecast | $31.33M | $46.43M | $46.43M | $23.78M | $11.89M | $11.89M | $11.89M | $11.89M | $6.15M | $1.18M | $1.36M | $2.83M | $1.70M | $1.32M | $1.02M | $4.53M | $717.16K | $7.08M | $4.67M | $4.25M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.86% | 2.79% | 0.54% | - | - | 0.86% | 2.60% |
Loop Industries's average Quarter SG&A projection for Mar 24 is $1.70M, based on 1 Wall Street analysts, with a range of $1.70M to $1.70M. The forecast indicates a -30.90% fall compared to LOOP last annual SG&A of $2.46M (Nov 23).
Loop Industries EPS Forecast
| Mar 27 | Nov 26 | Aug 26 | May 26 | Mar 26 | Nov 25 | Aug 25 | May 25 | Mar 25 | Nov 24 | Aug 24 | May 24 | Mar 24 | Nov 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.09 | $-0.10 | $-0.29 | - | - | $-0.16 | $-0.38 |
| Avg Forecast | $-0.04 | $-0.03 | $-0.03 | $-0.05 | $-0.05 | $-0.05 | $-0.06 | $-0.08 | $-0.07 | $-0.09 | $-0.09 | $-0.09 | $-0.10 | $-0.07 | $-0.10 | $-0.13 | $-0.06 | $-0.20 | $-0.16 | $-0.29 |
| High Forecast | $-0.04 | $-0.03 | $-0.03 | $-0.05 | $-0.05 | $-0.05 | $-0.06 | $-0.08 | $-0.07 | $-0.09 | $-0.09 | $-0.09 | $-0.10 | $-0.07 | $-0.10 | $-0.13 | $-0.06 | $-0.20 | $-0.16 | $-0.29 |
| Low Forecast | $-0.04 | $-0.03 | $-0.03 | $-0.05 | $-0.05 | $-0.05 | $-0.06 | $-0.08 | $-0.07 | $-0.09 | $-0.09 | $-0.09 | $-0.10 | $-0.07 | $-0.10 | $-0.13 | $-0.06 | $-0.20 | $-0.16 | $-0.29 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.19% | 0.95% | 2.29% | - | - | 1.00% | 1.31% |
According to undefined Wall Street analysts, Loop Industries's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to LOOP previous annual EPS of $NaN (undefined).
Loop Industries Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| LOOP | Loop Industries | $1.18 | $3.00 | 154.24% | |
| OEC | Orion Engineered Carbons | $14.28 | $32.00 | 124.09% | Buy |
| NTIC | Northern Technologies | $12.12 | $20.00 | 65.02% | Sell |
| ESI | Element Solutions | $25.32 | $38.57 | 52.33% | Buy |
| CBT | Cabot | $87.49 | $127.00 | 45.16% | Hold |
| KWR | Quaker Chemical | $140.36 | $195.00 | 38.93% | Buy |
| FUL | H.B. Fuller | $62.91 | $85.60 | 36.07% | Buy |
| AVNT | Avient | $42.93 | $52.00 | 21.13% | Buy |
| MTX | Minerals | $76.65 | $90.00 | 17.42% | Buy |
| SXT | Sensient | $75.04 | $85.00 | 13.27% |