Owens Corning (OC) Stock Forecast, Price Target & Predictions
OC Stock Forecast
Owens Corning stock forecast is as follows: an average price target of $136.08 (represents a -31.13% downside from OC’s last price of $197.58) 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 -31.13% downside from OC's last price of $197.58.
OC Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 07, 2024 | Garik Shmois | Loop Capital Markets | $200.00 | $157.57 | 26.93% | 1.22% |
| Jun 21, 2024 | Garik Shmois | Loop Capital Markets | $215.00 | $175.63 | 22.42% | 8.82% |
| Jun 17, 2024 | Susan Maklari | Goldman Sachs | $187.00 | $176.58 | 5.90% | -5.35% |
| May 21, 2024 | Mike Dahl | RBC Capital | $201.00 | $176.86 | 13.65% | 1.73% |
| Apr 25, 2024 | John Eade | Argus Research | $182.00 | $163.85 | 11.08% | -7.89% |
| Apr 25, 2024 | Mike Dahl | RBC Capital | $192.00 | $165.22 | 16.21% | -2.82% |
| Apr 24, 2024 | Stephen Kim | Evercore ISI | $172.00 | $165.22 | 4.10% | -12.95% |
| Jan 10, 2023 | Joe Ahlersmeyer | Deutsche Bank | $100.00 | $89.69 | 11.50% | -49.39% |
| Jul 08, 2022 | Deepa Raghavan | Wells Fargo | $83.00 | $79.89 | 3.89% | -57.99% |
| Jun 17, 2022 | Rafe Jadrosich | New Street | $80.00 | $76.00 | 5.26% | -59.51% |
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 1.22% increase from OC last price ($197.58).
Owens Corning Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 7 |
| Avg Price Target | - | - | $192.71 |
| Last Closing Price | $197.58 | $197.58 | $197.58 |
| Upside/Downside | -100.00% | -100.00% | -2.46% |
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 $197.58. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 07, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Aug 07, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Jul 11, 2024 | UBS | Buy | Buy | Hold |
| Jul 11, 2024 | Citigroup | Neutral | Buy | Upgrade |
| Jun 21, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Jun 17, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Jun 17, 2024 | UBS | Buy | Buy | Hold |
| Jun 03, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| May 21, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Apr 25, 2024 | RBC Capital | Outperform | Outperform | Hold |
Owens Corning's last stock rating was published by Wells Fargo on Oct 07, 2024. The company gave OC a "Equal-Weight" rating, the same as its previous rate.
Owens Corning Financial Forecast
Owens Corning Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 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 | $3.72B | $3.65B | $3.57B | $3.50B | $2.93B | $3.19B | $3.17B | $2.94B | $2.79B | $3.05B | $2.92B | $2.28B | $2.27B | $2.55B | $2.59B | $2.27B | $2.30B | $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 | $3.59B | $3.52B | $3.45B | $3.39B | $2.83B | $3.08B | $3.06B | $2.85B | $2.77B | $3.04B | $2.92B | $2.28B | $2.24B | $2.52B | $2.51B | $2.20B | $2.22B | $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 |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 4 | 2 | 2 | 4 | 15 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 8 | 8 |
| 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 4 | 2 | 2 | 4 | 15 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 8 | 8 |
| 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 | $507.92M | $553.07M | $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 | $659.56M | $646.62M | $633.93M | $621.50M | $518.88M | $565.00M | $561.38M | $521.11M | $494.59M | $540.02M | $518.70M | $689.20M | $401.78M | $452.79M | $460.20M | $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 | $637.24M | $624.74M | $612.48M | $600.47M | $501.32M | $545.88M | $542.39M | $505.05M | $491.04M | $539.91M | $518.70M | $459.47M | $396.45M | $446.09M | $444.63M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 4 | 2 | 2 | 4 | 15 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 8 | 8 |
| 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 | $431.59M | $332.26M | $296.88M | $407.93M | $408.06M | $310.46M | $254.93M | $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 | $353.33M | $432.85M | $443.69M | $341.58M | $305.20M | $419.37M | $419.51M | $329.01M | $281.85M | $357.07M | $382.53M | $366.93M | $256.36M | $360.71M | $293.39M | $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 | $337.88M | $413.93M | $424.30M | $326.65M | $291.86M | $401.04M | $401.17M | $290.93M | $234.28M | $355.53M | $382.52M | $244.62M | $244.78M | $264.04M | $280.56M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 4 | 2 | 2 | 4 | 15 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 8 | 8 |
| 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 | $257.09M | $279.94M | $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 | $333.84M | $327.29M | $320.87M | $314.58M | $262.64M | $285.98M | $284.15M | $263.77M | $250.34M | $273.34M | $262.54M | $222.09M | $203.37M | $229.19M | $232.94M | $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 | $322.55M | $316.22M | $310.02M | $303.93M | $253.75M | $276.31M | $274.54M | $255.64M | $248.55M | $273.28M | $262.54M | $148.06M | $200.67M | $225.79M | $225.06M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 4 | 2 | 2 | 4 | 15 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 8 | 8 |
| 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 | $4.91 | $3.78 | $3.38 | $4.64 | $4.64 | $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 | $4.02 | $4.92 | $5.05 | $3.89 | $3.47 | $4.77 | $4.77 | $3.74 | $3.21 | $4.06 | $4.35 | $3.07 | $2.92 | $4.10 | $3.34 | $2.30 | $2.40 | $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 | $3.84 | $4.71 | $4.83 | $3.72 | $3.32 | $4.56 | $4.56 | $3.31 | $2.67 | $4.04 | $4.35 | $3.07 | $2.78 | $3.00 | $3.19 | $2.20 | $2.30 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| JELD | JELD-WEN | $10.49 | $15.60 | 48.71% | Hold |
| WMS | Advanced Drainage Systems | $128.41 | $187.17 | 45.76% | Buy |
| FBIN | Fortune Brands Innovations | $75.76 | $88.93 | 17.38% | Hold |
| TREX | Trex Company | $70.34 | $79.79 | 13.43% | Buy |
| CSL | Carlisle Companies | $441.52 | $479.00 | 8.49% | Buy |
| MAS | Masco | $78.33 | $77.83 | -0.64% | Hold |
| BLDR | Builders FirstSource | $175.91 | $167.93 | -4.54% | Buy |
| JCI | Johnson Controls | $83.99 | $72.56 | -13.61% | Buy |
| AWI | Armstrong World Industries | $157.09 | $129.43 | -17.61% | Buy |
| AZEK | AZEK Company | $49.81 | $39.29 | -21.12% | Buy |
| OC | Owens Corning | $197.58 | $136.08 | -31.13% | Hold |
| LII | Lennox | $650.60 | $418.57 | -35.66% | Buy |
| TT | Trane | $415.39 | $264.25 | -36.39% | Buy |
| APOG | Apogee Enterprises | $82.11 | $43.00 | -47.63% | Hold |