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Owens Corning (OC) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

OC Stock Forecast

Owens Corning stock forecast is as follows: an average price target of $200.00 (represents a 18.06% upside from OC’s last price of $169.41) and a rating consensus of 'Hold', based on 15 wall street analysts offering a 1-year stock forecast.

OC Price Target

The average price target for Owens Corning (OC) is $200.00 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $200.00 to $200.00. This represents a potential 18.06% upside from OC's last price of $169.41.

OC Analyst Ratings

Hold

According to 15 Wall Street analysts, Owens Corning's rating consensus is 'Hold'. The analyst rating breakdown for OC stock is 1 'Strong Buy' (6.67%), 6 'Buy' (40.00%), 7 'Hold' (46.67%), 1 'Sell' (6.67%), and 0 'Strong Sell' (0.00%).

Owens Corning Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 07, 2024Garik ShmoisLoop Capital Markets$200.00$157.5726.93%18.06%
Jun 21, 2024Garik ShmoisLoop Capital Markets$215.00$175.6322.42%26.91%
Jun 17, 2024Susan MaklariGoldman Sachs$187.00$176.585.90%10.38%
May 21, 2024Mike DahlRBC Capital$201.00$176.8613.65%18.65%
Apr 25, 2024John EadeArgus Research$182.00$163.8511.08%7.43%
Apr 25, 2024Mike DahlRBC Capital$192.00$165.2216.21%13.33%
Apr 24, 2024Stephen KimEvercore ISI$172.00$165.224.10%1.53%
Jan 10, 2023Joe AhlersmeyerDeutsche Bank$100.00$89.6911.50%-40.97%
Jul 08, 2022Deepa RaghavanWells Fargo$83.00$79.893.89%-51.01%
Jun 17, 2022Rafe JadrosichNew Street$80.00$76.005.26%-52.78%
Apr 28, 2022Credit Suisse$106.00$89.8917.93%-37.43%
Apr 28, 2022RBC Capital$95.00$88.697.11%-43.92%
Apr 21, 2022Wells Fargo$95.00$88.767.03%-43.92%
Apr 20, 2022J.P. Morgan$94.00$89.145.45%-44.51%
Apr 08, 2022Daniel OppenheimCredit Suisse$105.00$84.0025.00%-38.02%
Feb 17, 2022Deepa RaghavanWells Fargo$105.00$97.317.90%-38.02%
Jan 19, 2022John LovalloUBS$122.00$90.9634.12%-27.99%
Jul 29, 2021Reuben GarnerBenchmark Co.$135.00$95.4141.49%-20.31%
Jul 28, 2021Susan MaklariGoldman Sachs$88.00$93.25-5.63%-48.06%
May 07, 2021John EadeArgus Research$120.00$105.5213.72%-29.17%
Apr 30, 2021Anthony PettinariCitigroup$107.00$95.5411.99%-36.84%

The latest Owens Corning stock forecast, released on Aug 07, 2024 by Garik Shmois from Loop Capital Markets, set a price target of $200.00, which represents a 26.93% increase from the stock price at the time of the forecast ($157.57), and a 18.06% increase from OC last price ($169.41).

Owens Corning Price Target by Period

1M3M12M
# Anlaysts--7
Avg Price Target--$192.71
Last Closing Price$169.41$169.41$169.41
Upside/Downside-100.00%-100.00%13.75%

In the current month, the average price target of Owens Corning stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Owens Corning's last price of $169.41. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 17, 2024Wells FargoEqual-WeightOverweightUpgrade
Oct 07, 2024Wells FargoEqual-WeightEqual-WeightHold
Aug 07, 2024Loop Capital MarketsBuyBuyHold
Jul 11, 2024UBSBuyBuyHold
Jul 11, 2024CitigroupNeutralBuyUpgrade
Jun 21, 2024Loop Capital MarketsBuyBuyHold
Jun 17, 2024RBC CapitalUnderperformUnderperformHold
Jun 17, 2024UBSBuyBuyHold
Jun 03, 2024BarclaysEqual-WeightEqual-WeightHold
May 21, 2024RBC CapitalOutperformOutperformHold
Apr 25, 2024RBC CapitalOutperformOutperformHold
Apr 05, 2024CitigroupNeutralNeutralHold
Apr 01, 2024Loop Capital MarketsBuyBuyHold
Oct 25, 2023CFRAStrong BuyUpgrade
Sep 07, 2023Goldman SachsNeutralUpgrade
Jul 28, 2023Morgan StanleyUnderweightEqual-WeightDowngrade
Jul 28, 2023Piper SandlerUnderweightDowngrade
Jul 28, 2023New StreetNeutralDowngrade
Jul 27, 2023Deutsche BankHoldBuyUpgrade
Jul 27, 2023JefferiesHoldDowngrade
Jul 27, 2023BTIGNeutralDowngrade
Jul 27, 2023Morgan StanleyHoldUnderweightDowngrade
Jul 27, 2023OTR GlobalMixedDowngrade
Jul 27, 2023BarclaysOverweightOverweightHold
Jul 27, 2023RBC CapitalSector PerformOutperformUpgrade
Jul 06, 2023Morgan StanleyHoldHoldHold
May 24, 2023BarclaysOverweightUpgrade
Jan 10, 2023Deutsche BankHoldHoldHold
Oct 18, 2022Bank of America SecuritiesUnderperformBuyUpgrade
Jul 08, 2022Wells FargoEqual-WeightEqual-WeightHold
Jun 17, 2022Bank of America SecuritiesUnderperformDowngrade
Apr 28, 2022Credit SuisseNeutralNeutralHold
Apr 28, 2022RBC CapitalSector PerformSector PerformHold
Apr 08, 2022Credit SuisseNeutralInitialise
Feb 22, 2022RBC CapitalSector PerformSector PerformHold

Owens Corning's last stock rating was published by Wells Fargo on Dec 17, 2024. The company Upgrade its OC rating from "Equal-Weight" to "Overweight".

Owens Corning Financial Forecast

Owens Corning Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$2.30B$2.48B$2.56B$2.33B$2.29B$2.53B$2.60B$2.35B$2.13B$2.21B$2.24B$1.92B$1.93B$1.90B$1.63B$1.60B$1.69B$1.88B
Avg Forecast$3.64B$3.57B$3.50B$3.43B$2.86B$3.12B$3.10B$2.90B$2.78B$3.04B$2.92B$2.28B$2.25B$2.54B$2.54B$2.23B$2.25B$2.55B$2.58B$2.23B$2.04B$2.17B$2.01B$1.84B$1.79B$1.82B$1.54B$1.64B$1.69B$1.86B
High Forecast$3.74B$3.67B$3.60B$3.52B$2.94B$3.20B$3.18B$2.94B$2.79B$3.05B$2.92B$2.28B$2.27B$2.55B$2.61B$2.29B$2.31B$2.55B$2.58B$2.23B$2.04B$2.17B$2.01B$1.84B$1.79B$1.82B$1.54B$1.64B$1.69B$1.86B
Low Forecast$3.58B$3.51B$3.44B$3.38B$2.82B$3.07B$3.05B$2.85B$2.77B$3.04B$2.92B$2.28B$2.24B$2.52B$2.50B$2.19B$2.21B$2.55B$2.58B$2.23B$2.04B$2.17B$2.01B$1.84B$1.79B$1.82B$1.54B$1.64B$1.69B$1.86B
# Analysts33334446942241599131313137777999988
Surprise %------------1.03%0.98%1.01%1.05%1.02%0.99%1.01%1.05%1.05%1.02%1.12%1.04%1.08%1.05%1.05%0.98%1.00%1.01%

Owens Corning's average Quarter revenue forecast for Mar 24 based on 2 analysts is $2.28B, with a low forecast of $2.28B, and a high forecast of $2.28B. OC's average Quarter revenue forecast represents a -1.16% decrease compared to the company's last Quarter revenue of $2.30B (Dec 23).

Owens Corning EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33334446942241599131313137777999988
EBITDA------------$346.00M$463.00M$487.00M$472.00M$182.00M$740.00M$627.00M$574.00M$457.00M$514.00M$550.00M$421.00M$417.00M$417.00M$287.00M$-750.00M$250.00M$356.00M
Avg Forecast$645.63M$632.96M$620.55M$608.37M$507.75M$552.93M$549.53M$513.97M$492.81M$539.97M$518.70M$574.34M$398.23M$449.70M$450.48M$522.12M$423.33M$526.23M$531.39M$474.66M$420.19M$448.09M$413.54M$332.68M$368.26M$374.51M$318.00M$-666.67M$349.03M$383.53M
High Forecast$663.33M$650.32M$637.56M$625.05M$521.67M$568.09M$564.60M$521.11M$494.59M$540.02M$518.70M$689.20M$401.78M$452.79M$462.84M$626.55M$507.99M$526.23M$531.39M$569.59M$420.19M$448.09M$413.54M$399.21M$368.26M$374.51M$318.00M$-533.33M$349.03M$383.53M
Low Forecast$635.26M$622.80M$610.59M$598.61M$499.60M$544.05M$540.71M$505.05M$491.04M$539.91M$518.70M$459.47M$396.45M$446.09M$443.25M$417.70M$338.66M$526.23M$531.39M$379.73M$420.19M$448.09M$413.54M$266.14M$368.26M$374.51M$318.00M$-800.00M$349.03M$383.53M
Surprise %------------0.87%1.03%1.08%0.90%0.43%1.41%1.18%1.21%1.09%1.15%1.33%1.27%1.13%1.11%0.90%1.13%0.72%0.93%

2 analysts predict OC's average Quarter EBITDA for Mar 24 to be $574.34M, with a high of $689.20M and a low of $459.47M. This is 65.99% upper than Owens Corning's previous annual EBITDA (Dec 23) of $346.00M.

Owens Corning Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33334446942241599131313137777999988
Net Income------------$131.00M$337.00M$343.00M$383.00M$124.00M$470.00M$343.00M$304.00M$227.00M$260.00M$298.00M$210.00M$232.00M$206.00M$96.00M$-917.00M$73.00M$150.00M
Avg Forecast$343.69M$421.04M$443.90M$331.82M$296.73M$407.78M$409.98M$310.58M$254.92M$356.30M$382.53M$305.78M$251.02M$341.91M$285.38M$277.98M$210.27M$281.54M$293.25M$252.71M$167.97M$216.51M$188.28M$165.94M$120.59M$116.03M$22.96M$-815.11M$99.13M$131.39M
High Forecast$355.94M$436.05M$459.72M$343.65M$307.31M$422.32M$424.60M$329.14M$282.75M$357.07M$382.53M$366.93M$256.36M$360.71M$295.56M$333.57M$252.33M$281.54M$293.25M$303.25M$168.73M$216.51M$188.28M$199.13M$120.59M$116.03M$22.96M$-652.09M$99.13M$131.39M
Low Forecast$336.52M$412.25M$434.63M$324.90M$290.54M$399.27M$401.43M$291.05M$234.28M$355.53M$382.52M$244.62M$244.78M$264.04M$279.43M$222.38M$168.22M$281.54M$293.25M$202.17M$167.21M$216.51M$188.28M$132.76M$120.59M$116.03M$22.96M$-978.13M$99.13M$131.39M
Surprise %------------0.52%0.99%1.20%1.38%0.59%1.67%1.17%1.20%1.35%1.20%1.58%1.27%1.92%1.78%4.18%1.13%0.74%1.14%

Owens Corning's average Quarter net income forecast for Mar 24 is $305.78M, with a range of $244.62M to $366.93M. OC's average Quarter net income forecast represents a 133.42% increase compared to the company's last Quarter net income of $131.00M (Dec 23).

Owens Corning SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33334446942241599131313137777999988
SG&A------------$219.00M$201.00M-$204.00M$217.00M$201.00M$201.00M$184.00M$209.00M$186.00M$188.00M$174.00M$171.00M$163.00M$151.00M$179.00M$171.00M$164.00M
Avg Forecast$326.79M$320.38M$314.10M$307.94M$257.00M$279.87M$278.15M$260.15M$249.44M$273.31M$262.54M$185.08M$201.57M$227.62M$228.02M$168.25M$193.60M$229.05M$231.29M$152.95M$182.89M$195.04M$180.00M$137.50M$160.29M$163.01M$138.42M$159.11M$151.92M$166.94M
High Forecast$335.75M$329.17M$322.71M$316.38M$264.05M$287.54M$285.78M$263.77M$250.34M$273.34M$262.54M$222.09M$203.37M$229.19M$234.27M$201.90M$232.32M$229.05M$231.29M$183.55M$182.89M$195.04M$180.00M$165.00M$160.29M$163.01M$138.42M$190.93M$151.92M$166.94M
Low Forecast$321.55M$315.24M$309.06M$302.99M$252.88M$275.38M$273.69M$255.64M$248.55M$273.28M$262.54M$148.06M$200.67M$225.79M$224.36M$134.60M$154.88M$229.05M$231.29M$122.36M$182.89M$195.04M$180.00M$110.00M$160.29M$163.01M$138.42M$127.29M$151.92M$166.94M
Surprise %------------1.09%0.88%-1.21%1.12%0.88%0.87%1.20%1.14%0.95%1.04%1.27%1.07%1.00%1.09%1.13%1.13%0.98%

Owens Corning's average Quarter SG&A projection for Mar 24 is $185.08M, based on 2 Wall Street analysts, with a range of $148.06M to $222.09M. The forecast indicates a -15.49% fall compared to OC last annual SG&A of $219.00M (Dec 23).

Owens Corning EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33334446942241599131313137777999988
EPS------------$1.48$3.74$3.79$4.19$1.33$4.88$3.51$3.06$2.25$2.52$2.85$1.99$2.15$1.89$0.88$-8.43$0.67$1.37
Avg Forecast$3.91$4.79$5.05$3.77$3.38$4.64$4.66$3.53$2.90$4.05$4.35$3.07$2.86$3.89$3.25$2.23$2.34$3.20$3.33$2.43$1.91$2.46$2.14$1.43$1.37$1.32$0.26$0.54$1.13$1.49
High Forecast$4.05$4.96$5.23$3.91$3.50$4.80$4.83$3.74$3.22$4.06$4.35$3.07$2.92$4.10$3.36$2.31$2.42$3.20$3.33$2.43$1.92$2.46$2.14$1.43$1.37$1.32$0.26$0.54$1.13$1.49
Low Forecast$3.83$4.69$4.94$3.70$3.31$4.54$4.57$3.31$2.67$4.04$4.35$3.07$2.78$3.00$3.18$2.19$2.29$3.20$3.33$2.43$1.90$2.46$2.14$1.43$1.37$1.32$0.26$0.54$1.13$1.49
Surprise %------------0.52%0.96%1.17%1.88%0.57%1.53%1.05%1.26%1.18%1.02%1.33%1.39%1.57%1.43%3.37%-15.67%0.59%0.92%

According to 2 Wall Street analysts, Owens Corning's projected average Quarter EPS for Mar 24 is $3.07, with a low estimate of $3.07 and a high estimate of $3.07. This represents a 107.74% increase compared to OC previous annual EPS of $1.48 (Dec 23).

Owens Corning Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
WMSAdvanced Drainage Systems$121.80$183.7550.86%Buy
BLDRBuilders FirstSource$160.12$210.1431.24%Buy
FBINFortune Brands Innovations$73.80$94.0027.37%Hold
JELDJELD-WEN$9.88$12.0021.46%Hold
CSLCarlisle Companies$404.63$487.0020.36%Buy
MASMasco$76.58$86.6713.18%Hold
OCOwens Corning$183.21$200.009.16%Hold
TREXTrex Company$76.81$79.673.72%Buy
TTTrane$391.79$402.602.76%Buy
AWIArmstrong World Industries$150.61$150.60-0.01%Buy
LIILennox$657.59$622.67-5.31%Buy
AZEKAZEK Company$52.73$48.00-8.97%Buy
JCIJohnson Controls$81.85$74.00-9.59%Buy
APOGApogee Enterprises$74.80$43.00-42.51%Hold

OC Forecast FAQ

Is Owens Corning a good buy?

No, according to 15 Wall Street analysts, Owens Corning (OC) is considered a 'Hold'. The rating consensus is based on 1 'Strong Buy' and 6 'Buy' recommendations, accounting for 46.67% of OC's total ratings.

What is OC's price target?

Owens Corning (OC) average price target is $200 with a range of $200 to $200, implying a 18.06% from its last price of $169.41. The data is based on 15 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Owens Corning stock go up soon?

According to Wall Street analysts' prediction for OC stock, the company can go up by 18.06% (from the last price of $169.41 to the average price target of $200), up by 18.06% based on the highest stock price target, and up by 18.06% based on the lowest stock price target.

Can Owens Corning stock reach $300?

OC's average twelve months analyst stock price target of $200 does not support the claim that Owens Corning can reach $300 in the near future.

What are Owens Corning's analysts' financial forecasts?

Owens Corning's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $11.98B (high $12.27B, low $11.78B), average EBITDA is $2.12B (high $2.18B, low $2.09B), average net income is $1.43B (high $1.48B, low $1.38B), average SG&A $1.08B (high $1.1B, low $1.06B), and average EPS is $16.21 (high $16.88, low $15.73). OC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $14.14B (high $14.53B, low $13.91B), average EBITDA is $2.51B (high $2.58B, low $2.47B), average net income is $1.54B (high $1.6B, low $1.51B), average SG&A $1.27B (high $1.3B, low $1.25B), and average EPS is $17.52 (high $18.15, low $17.16).

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

Based on Owens Corning's last annual report (Dec 2023), the company's revenue was $9.68B, beating the average analysts forecast of $9.55B by 1.36%. Apple's EBITDA was $2.09B, beating the average prediction of $1.82B by 14.64%. The company's net income was $1.2B, beating the average estimation of $1.16B by 3.43%. Apple's SG&A was $831M, beating the average forecast of $825.46M by 0.67%. Lastly, the company's EPS was $13.27, beating the average prediction of $12.23 by 8.54%. In terms of the last quarterly report (Dec 2023), Owens Corning's revenue was $2.3B, beating the average analysts' forecast of $2.25B by 2.60%. The company's EBITDA was $346M, missing the average prediction of $398.23M by -13.11%. Owens Corning's net income was $131M, missing the average estimation of $251.02M by -47.81%. The company's SG&A was $219M, beating the average forecast of $201.57M by 8.65%. Lastly, the company's EPS was $1.48, missing the average prediction of $2.86 by -48.17%