Loop Industries (LOOP) Stock Forecast, Price Target & Predictions


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LOOP Stock Forecast


Loop Industries stock forecast is as follows: an average price target of $3.00 (represents a 123.88% upside from LOOP’s last price of $1.34) and

LOOP Price Target


Loop Industries Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 30, 2024Nicholas BoychukLoop Capital Markets$3.00$1.9157.07%123.88%

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 123.88% increase from LOOP last price ($1.34).

Loop Industries Price Target by Period


1M3M12M
# Anlaysts-11
Avg Price Target-$3.00$3.00
Last Closing Price$1.34$1.34$1.34
Upside/Downside-100.00%123.88%123.88%

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 $1.34. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Loop Industries Financial Forecast


Loop Industries Revenue Forecast

Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22
Revenue--------------$54.00K$27.00K--$135.43K$24.92K
Avg Forecast$18.38M$17.36M$15.32M$10.22M$30.00K$30.00K$30.00K$30.00K$29.67K$24.00K$38.00K$75.00K$45.00K$35.00K$27.00K$120.00K$19.00K$187.67K$123.67K$112.50K
High Forecast$18.38M$17.36M$15.32M$10.22M$30.00K$30.00K$30.00K$30.00K$29.75K$24.00K$40.00K$75.00K$45.00K$35.00K$27.00K$120.00K$19.00K$187.67K$123.67K$112.50K
Low Forecast$18.38M$17.36M$15.32M$10.22M$30.00K$30.00K$30.00K$30.00K$29.58K$24.00K$36.00K$75.00K$45.00K$35.00K$27.00K$120.00K$19.00K$187.67K$123.67K$112.50K
# Analysts11111111221112111111
Surprise %--------------2.00%0.23%--1.10%0.22%

Loop Industries's average Quarter revenue forecast for Dec 23 based on 2 analysts is $35.00K, with a low forecast of $35.00K, and a high forecast of $35.00K. LOOP's average Quarter revenue forecast represents a -35.19% decrease compared to the company's last Quarter revenue of $54.00K (Aug 23).

Loop Industries EBITDA Forecast

Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22
# Analysts11111111221112111111
EBITDA--------------$-4.61M$-6.84M--$-7.62M$-17.83M
Avg Forecast$-3.68M$-3.47M$-3.06M$-2.04M$-6.00K$-6.00K$-6.00K$-6.00K$-5.93K$-4.80K$-7.60K$-15.00K$-9.00K$-7.00K$-5.40K$-24.00K$-3.80K$-37.53K$-24.73K$-22.50K
High Forecast$-3.68M$-3.47M$-3.06M$-2.04M$-6.00K$-6.00K$-6.00K$-6.00K$-5.92K$-4.80K$-7.20K$-15.00K$-9.00K$-7.00K$-5.40K$-24.00K$-3.80K$-37.53K$-24.73K$-22.50K
Low Forecast$-3.68M$-3.47M$-3.06M$-2.04M$-6.00K$-6.00K$-6.00K$-6.00K$-5.95K$-4.80K$-8.00K$-15.00K$-9.00K$-7.00K$-5.40K$-24.00K$-3.80K$-37.53K$-24.73K$-22.50K
Surprise %--------------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 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22
# Analysts11111111221112111111
Net Income--------------$-4.75M$-13.95M--$-7.74M$-18.05M
Avg Forecast$-2.65M$-2.64M$-2.68M$-2.74M$-2.54M$-2.59M$-2.69M$-2.79M$-3.45M$-4.24M$-4.35M$-4.28M$-5.00M$-3.57M$-5.00M$-6.03M$-3.01M$-9.40M$-7.61M$-13.79M
High Forecast$-2.65M$-2.64M$-2.68M$-2.74M$-2.54M$-2.59M$-2.69M$-2.79M$-3.45M$-4.24M$-4.35M$-4.28M$-5.00M$-3.57M$-5.00M$-6.03M$-3.01M$-9.40M$-7.61M$-13.79M
Low Forecast$-2.65M$-2.64M$-2.68M$-2.74M$-2.54M$-2.59M$-2.69M$-2.79M$-3.45M$-4.24M$-4.35M$-4.28M$-5.00M$-3.57M$-5.00M$-6.03M$-3.01M$-9.40M$-7.61M$-13.79M
Surprise %--------------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 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22
# Analysts11111111221112111111
SG&A--------------$2.84M$2.46M--$4.01M$11.04M
Avg Forecast$693.72M$655.24M$578.29M$385.90M$1.13M$1.13M$1.13M$1.13M$1.12M$905.88K$1.43M$2.83M$1.70M$1.32M$1.02M$4.53M$717.16K$7.08M$4.67M$4.25M
High Forecast$693.72M$655.24M$578.29M$385.90M$1.13M$1.13M$1.13M$1.13M$1.12M$905.88K$1.51M$2.83M$1.70M$1.32M$1.02M$4.53M$717.16K$7.08M$4.67M$4.25M
Low Forecast$693.72M$655.24M$578.29M$385.90M$1.13M$1.13M$1.13M$1.13M$1.12M$905.88K$1.36M$2.83M$1.70M$1.32M$1.02M$4.53M$717.16K$7.08M$4.67M$4.25M
Surprise %--------------2.79%0.54%--0.86%2.60%

Loop Industries's average Quarter SG&A projection for Dec 23 is $1.32M, based on 2 Wall Street analysts, with a range of $1.32M to $1.32M. The forecast indicates a -53.53% fall compared to LOOP last annual SG&A of $2.84M (Aug 23).

Loop Industries EPS Forecast

Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22
# Analysts11111111221112111111
EPS--------------$-0.10$-0.29--$-0.16$-0.38
Avg Forecast$-0.06$-0.06$-0.06$-0.06$-0.05$-0.05$-0.06$-0.06$-0.07$-0.09$-0.09$-0.09$-0.10$-0.07$-0.10$-0.13$-0.06$-0.20$-0.16$-0.29
High Forecast$-0.06$-0.06$-0.06$-0.06$-0.05$-0.05$-0.06$-0.06$-0.07$-0.09$-0.09$-0.09$-0.10$-0.07$-0.10$-0.13$-0.06$-0.20$-0.16$-0.29
Low Forecast$-0.06$-0.06$-0.06$-0.06$-0.05$-0.05$-0.06$-0.06$-0.07$-0.09$-0.09$-0.09$-0.10$-0.07$-0.10$-0.13$-0.06$-0.20$-0.16$-0.29
Surprise %--------------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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
OECOrion Engineered Carbons$16.82$32.0090.25%Buy
LOOPLoop Industries$1.60$3.0087.50%
ESIElement Solutions$26.71$40.0049.76%Buy
NTICNorthern Technologies$14.32$20.0039.66%Sell
KWRQuaker Chemical$148.04$192.5030.03%Buy
CBTCabot$100.09$127.0026.89%Hold
FULH.B. Fuller Company$71.97$85.6018.94%Buy
MTXMinerals$78.82$90.0014.18%Buy
AVNTAvient$45.92$52.0013.24%Buy
SXTSensient$76.46$85.0011.17%

LOOP Forecast FAQ


Will Loop Industries stock go up soon?

According to Wall Street analysts' prediction for LOOP stock, the company can go up by 123.88% (from the last price of $1.34 to the average price target of $3), up by 123.88% based on the highest stock price target, and up by 123.88% based on the lowest stock price target.

Can Loop Industries stock reach $2?

LOOP's average twelve months analyst stock price target of $3 supports the claim that Loop Industries can reach $2 in the near future.

Did the LOOP's actual financial results beat the analysts' financial forecasts?

In terms of the last quarterly report (Aug 2023), Loop Industries's revenue was $54K, beating the average analysts' forecast of $27K by 100.00%. The company's EBITDA was $-4.608M, beating the average prediction of $-5.399K by 85249.14%. Loop Industries's net income was $-4.75M, missing the average estimation of $-4.995M by -4.91%. The company's SG&A was $2.84M, beating the average forecast of $1.02M by 178.97%. Lastly, the company's EPS was $-0.1, missing the average prediction of $-0.105 by -4.76%