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


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OC Stock Forecast


Owens Corning stock forecast is as follows: an average price target of $136.08 (represents a -17.83% downside from OC’s last price of $165.60) 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 $136.08 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $201.00 to $80.00. This represents a potential -17.83% downside from OC's last price of $165.60.

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%), 5 'Buy' (33.33%), 8 'Hold' (53.33%), 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%20.77%
Jun 21, 2024Garik ShmoisLoop Capital Markets$215.00$175.6322.42%29.83%
Jun 17, 2024Susan MaklariGoldman Sachs$187.00$176.585.90%12.92%
May 21, 2024Mike DahlRBC Capital$201.00$176.8613.65%21.38%
Apr 25, 2024John EadeArgus Research$182.00$163.8511.08%9.90%
Apr 25, 2024Mike DahlRBC Capital$192.00$165.2216.21%15.94%
Apr 24, 2024Stephen KimEvercore ISI$172.00$165.224.10%3.86%
Jan 10, 2023Joe AhlersmeyerDeutsche Bank$100.00$89.6911.50%-39.61%
Jul 08, 2022Deepa RaghavanWells Fargo$83.00$79.893.89%-49.88%
Jun 17, 2022Rafe JadrosichNew Street$80.00$76.005.26%-51.69%
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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 20.77% increase from OC last price ($165.60).

Owens Corning Price Target by Period


1M3M12M
# Anlaysts-37
Avg Price Target-$200.67$192.71
Last Closing Price$165.60$165.60$165.60
Upside/Downside-100.00%21.18%16.37%

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 $165.60. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
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
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Owens Corning's last stock rating was published by Loop Capital Markets on Aug 07, 2024. The company gave OC a "Buy" rating, the same as its previous rate.

Owens Corning Financial Forecast


Owens Corning Revenue Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18
Revenue---------$2.30B$2.48B$2.56B$2.33B$2.29B$2.53B-$2.35B$2.13B$2.21B$2.24B$1.92B$1.93B$1.90B$1.63B$1.60B$1.69B$1.88B$1.92B$1.67B$1.72B
Avg Forecast$3.20B$2.95B$3.16B$3.18B$2.95B$2.85B$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$1.84B$1.68B$1.57B
High Forecast$3.23B$2.98B$3.18B$3.20B$2.98B$2.88B$3.05B$2.95B$2.30B$2.27B$2.55B$2.56B$2.24B$2.27B$2.57B$2.58B$2.35B$2.15B$2.29B$2.11B$1.94B$1.88B$1.91B$1.62B$1.73B$1.78B$1.96B$1.93B$1.77B$1.89B
Low Forecast$3.18B$2.92B$3.13B$3.15B$2.92B$2.83B$3.02B$2.90B$2.26B$2.24B$2.52B$2.52B$2.21B$2.23B$2.53B$2.58B$2.14B$1.95B$2.08B$1.92B$1.76B$1.71B$1.74B$1.48B$1.57B$1.62B$1.78B$1.76B$1.61B$1.26B
# Analysts643744972415991313667774474435339
Surprise %---------1.03%0.98%1.01%1.05%1.02%0.99%-1.05%1.05%1.02%1.12%1.04%1.08%1.05%1.05%0.98%1.00%1.01%1.04%0.99%1.10%

Owens Corning's average Quarter revenue forecast for Mar 24 based on 2 analysts is $2.28B, with a low forecast of $2.26B, and a high forecast of $2.30B. 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

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18
# Analysts643744972415991313667774474435339
EBITDA---------$346.00M$463.00M$487.00M$472.00M$182.00M$740.00M-$574.00M$457.00M$514.00M$550.00M$421.00M$417.00M$417.00M$287.00M$-750.00M$250.00M$356.00M$341.00M$232.00M$335.00M
Avg Forecast$660.74M$608.65M$651.14M$655.29M$608.39M$588.71M$627.80M$603.19M$574.34M$463.09M$522.95M$523.86M$522.12M$463.70M$551.61M$531.39M$474.66M$384.84M$501.46M$419.05M$332.68M$259.87M$296.95M$619.92M$-666.67M$250.00M$322.55M$296.91M$240.29M$303.10M
High Forecast$666.34M$613.81M$656.66M$660.85M$613.55M$593.70M$629.86M$608.30M$689.20M$467.23M$526.55M$528.31M$626.55M$467.63M$661.93M$531.39M$569.59M$461.81M$601.76M$502.86M$399.21M$311.84M$356.35M$743.90M$-533.33M$300.00M$387.06M$356.29M$288.34M$363.71M
Low Forecast$654.79M$603.17M$645.27M$649.38M$602.91M$583.41M$623.67M$597.75M$459.47M$461.03M$518.75M$519.14M$417.70M$459.52M$441.29M$531.39M$379.73M$307.87M$401.17M$335.24M$266.14M$207.90M$237.56M$495.94M$-800.00M$200.00M$258.04M$237.52M$192.23M$242.48M
Surprise %---------0.75%0.89%0.93%0.90%0.39%1.34%-1.21%1.19%1.03%1.31%1.27%1.60%1.40%0.46%1.13%1.00%1.10%1.15%0.97%1.11%

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

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18
# Analysts643744972415991313667774474435339
Net Income---------$131.00M$337.00M$343.00M$383.00M$124.00M$470.00M-$304.00M$227.00M$260.00M$298.00M$210.00M$232.00M$206.00M$96.00M$-917.00M$73.00M$150.00M$138.00M$44.00M$171.00M
Avg Forecast$324.72M$308.64M$384.09M$406.95M$317.73M$277.51M$355.17M$382.96M$305.78M$251.30M$342.30M$285.71M$277.98M$205.80M$279.02M$292.91M$252.71M$191.16M$253.66M$227.05M$165.94M$144.58M$146.70M$207.36M$-815.11M$73.00M$135.91M$120.16M$45.57M$154.71M
High Forecast$328.30M$312.04M$388.32M$411.43M$321.23M$280.57M$365.80M$387.19M$366.93M$256.65M$361.12M$288.86M$333.57M$208.07M$334.83M$292.91M$303.25M$229.39M$304.39M$272.46M$199.13M$173.50M$176.04M$248.83M$-652.09M$87.60M$163.09M$144.19M$54.69M$185.66M
Low Forecast$320.92M$305.03M$379.59M$402.18M$314.01M$274.26M$342.77M$378.48M$244.62M$245.06M$264.34M$282.36M$222.38M$203.39M$223.22M$292.91M$202.17M$152.93M$202.93M$181.64M$132.76M$115.66M$117.36M$165.89M$-978.13M$58.40M$108.72M$96.12M$36.46M$123.77M
Surprise %---------0.52%0.98%1.20%1.38%0.60%1.68%-1.20%1.19%1.03%1.31%1.27%1.60%1.40%0.46%1.13%1.00%1.10%1.15%0.97%1.11%

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

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18
# Analysts643744972415991313667774474435339
SG&A---------$219.00M$201.00M-$204.00M$217.00M$201.00M-$184.00M$209.00M$186.00M$188.00M$174.00M$171.00M$163.00M$151.00M$179.00M$171.00M$164.00M$181.00M$182.00M$169.00M
Avg Forecast$287.60M$264.92M$283.42M$285.22M$264.81M$256.24M$273.26M$262.54M$185.08M$201.57M$227.62M$228.02M$168.25M$201.83M$199.61M$231.29M$152.95M$176.00M$181.46M$143.24M$137.50M$106.57M$116.08M$326.16M$159.11M$171.00M$148.59M$157.59M$188.50M$152.90M
High Forecast$290.03M$267.17M$285.82M$287.64M$267.05M$258.42M$274.16M$264.77M$222.09M$203.37M$229.19M$229.95M$201.90M$203.54M$239.53M$231.29M$183.55M$211.20M$217.76M$171.89M$165.00M$127.88M$139.29M$391.39M$190.93M$205.20M$178.31M$189.11M$226.20M$183.49M
Low Forecast$285.00M$262.54M$280.86M$282.65M$262.42M$253.94M$271.46M$260.18M$148.06M$200.67M$225.79M$225.96M$134.60M$200.01M$159.69M$231.29M$122.36M$140.80M$145.17M$114.59M$110.00M$85.25M$92.86M$260.93M$127.29M$136.80M$118.87M$126.08M$150.80M$122.32M
Surprise %---------1.09%0.88%-1.21%1.08%1.01%-1.20%1.19%1.03%1.31%1.27%1.60%1.40%0.46%1.13%1.00%1.10%1.15%0.97%1.11%

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

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18
# Analysts643744972415991313667774474435339
EPS---------$1.48$3.74$3.79$4.19$1.33$4.88-$3.06$2.25$2.52$2.85$1.99$2.15$1.89$0.88$-8.43$0.67$1.37$1.27$0.40$1.56
Avg Forecast$3.69$3.51$4.36$4.62$3.61$3.15$4.04$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$1.16$0.56$1.14
High Forecast$3.73$3.55$4.41$4.68$3.65$3.19$4.16$4.40$3.11$2.92$4.10$3.28$2.26$2.36$3.23$3.33$2.60$2.04$2.63$2.29$1.53$1.47$1.41$0.28$0.58$1.21$1.60$1.24$0.60$1.37
Low Forecast$3.65$3.47$4.31$4.57$3.57$3.12$3.90$4.30$3.04$2.78$3.00$3.21$2.21$2.31$3.16$3.33$2.31$1.81$2.33$2.03$1.36$1.30$1.25$0.25$0.51$1.07$1.41$1.10$0.53$0.91
Surprise %---------0.52%0.96%1.17%1.88%0.57%1.53%-1.26%1.18%1.02%1.33%1.39%1.57%1.43%3.37%-15.67%0.59%0.92%1.10%0.72%1.37%

According to 2 Wall Street analysts, Owens Corning's projected average Quarter EPS for Mar 24 is $3.07, with a low estimate of $3.04 and a high estimate of $3.11. 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$147.58$189.8028.61%Buy
TREXTrex Company$66.10$84.1427.29%Buy
CSLCarlisle Companies$411.30$478.3316.30%Buy
JELDJELD-WEN$14.54$16.5613.89%Hold
FBINFortune Brands Innovations$83.16$84.251.31%Hold
JCIJohnson Controls$72.55$72.560.01%Buy
MASMasco$80.21$73.58-8.27%Hold
AZEKAZEK Company$43.98$39.29-10.66%Buy
BLDRBuilders FirstSource$183.30$151.25-17.48%Buy
OCOwens Corning$165.60$136.08-17.83%Hold
AWIArmstrong World Industries$127.09$90.60-28.71%Buy
TTTrane$364.23$240.37-34.01%Buy
APOGApogee Enterprises$65.44$43.00-34.29%Hold
LIILennox$591.23$358.36-39.39%Buy

OC Forecast FAQ


No, according to 15 Wall Street analysts, Owens Corning (OC) is considered a 'Hold'. The rating consensus is based on 1 'Strong Buy' and 5 'Buy' recommendations, accounting for 40.00% of OC's total ratings.

Owens Corning (OC) average price target is $136.08 with a range of $80 to $201, implying a -17.83% from its last price of $165.6. The data is based on 15 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for OC stock, the company can go down by -17.83% (from the last price of $165.6 to the average price target of $136.08), up by 21.38% based on the highest stock price target, and down by -51.69% based on the lowest stock price target.

OC's highest twelve months analyst stock price target of $201 supports the claim that Owens Corning can reach $200 in the near future.

Owens Corning's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $11.1B (high $11.18B, low $11.01B), average EBITDA is $2.39B (high $2.52B, low $2.26B), average net income is $1.32B (high $1.4B, low $1.24B), average SG&A $977.12M (high $1.02B, low $933.63M), and average EPS is $14.62 (high $14.85, low $14.35). OC's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $12.24B (high $12.34B, low $12.13B), average EBITDA is $2.52B (high $2.54B, low $2.5B), average net income is $1.42B (high $1.43B, low $1.4B), average SG&A $1.1B (high $1.11B, low $1.09B), and average EPS is $16.11 (high $16.28, low $15.92).

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 $2.03B by 2.71%. The company's net income was $1.2B, beating the average estimation of $1.16B by 3.34%. 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 $463.09M by -25.29%. Owens Corning's net income was $131M, missing the average estimation of $251.3M by -47.87%. 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%