Origin Materials (ORGN) Stock Forecast, Price Target & Predictions
ORGN Stock Forecast
Origin Materials stock forecast is as follows: an average price target of $3.00 (represents a 143.90% upside from ORGN’s last price of $1.23) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
ORGN Price Target
The average price target for Origin Materials (ORGN) is $3.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $3.00 to $3.00. This represents a potential 143.90% upside from ORGN's last price of $1.23.
ORGN Analyst Ratings
According to 1 Wall Street analysts, Origin Materials's rating consensus is 'Buy'. The analyst rating breakdown for ORGN stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Origin Materials Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 16, 2024 | Steve Byrne | Bank of America Securities | $3.00 | $1.10 | 172.73% | 143.90% |
The latest Origin Materials stock forecast, released on Aug 16, 2024 by Steve Byrne from Bank of America Securities, set a price target of $3.00, which represents a 172.73% increase from the stock price at the time of the forecast ($1.10), and a 143.90% increase from ORGN last price ($1.23).
Origin Materials Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $3.00 | $3.00 |
| Last Closing Price | $1.23 | $1.23 | $1.23 |
| Upside/Downside | -100.00% | 143.90% | 143.90% |
In the current month, the average price target of Origin Materials stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Origin Materials's last price of $1.23. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 16, 2024 | Bank of America Securities | - | Buy | Upgrade |
Origin Materials's last stock rating was published by Bank of America Securities on Aug 16, 2024. The company Upgrade its ORGN rating from "null" to "Buy".
Origin Materials Financial Forecast
Origin Materials Revenue Forecast
| Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.14M | $6.90M | $1.70M |
| Avg Forecast | $78.80M | $78.80M | $78.80M | $78.80M | $65.50M | $48.60M | $37.90M | $29.10M | $29.10M | $29.10M | $29.10M | $29.10M | $29.10M | $29.10M | $29.10M | $9.08M | $8.30M | $7.78M | $6.48M | $12.20M | $14.89M | $5.27M | $1.30M |
| High Forecast | $78.80M | $78.80M | $78.80M | $78.80M | $65.50M | $48.60M | $37.90M | $29.10M | $29.10M | $29.10M | $29.10M | $29.10M | $29.10M | $29.10M | $29.10M | $9.08M | $8.30M | $7.78M | $6.48M | $12.20M | $14.89M | $5.27M | $1.30M |
| Low Forecast | $78.80M | $78.80M | $78.80M | $78.80M | $65.50M | $48.60M | $37.90M | $29.10M | $29.10M | $29.10M | $29.10M | $29.10M | $29.10M | $29.10M | $29.10M | $9.08M | $8.30M | $7.78M | $6.48M | $12.20M | $14.89M | $5.27M | $1.30M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.48% | 1.31% | 1.31% |
Origin Materials's average Quarter revenue forecast for Dec 23 based on 1 analysts is $12.20M, with a low forecast of $12.20M, and a high forecast of $12.20M. ORGN's average Quarter revenue forecast represents a 70.87% increase compared to the company's last Quarter revenue of $7.14M (Sep 23).
Origin Materials EBITDA Forecast
| Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $30.09M | $-6.25M | $-32.23M |
| Avg Forecast | $47.28M | $47.28M | $47.28M | $47.28M | $39.30M | $29.16M | $22.74M | $17.46M | $17.46M | $17.46M | $17.46M | $17.46M | $17.46M | $17.46M | $17.46M | $5.45M | $4.98M | $4.67M | $3.89M | $7.32M | $8.93M | $3.16M | $778.13K |
| High Forecast | $47.28M | $47.28M | $47.28M | $47.28M | $39.30M | $29.16M | $22.74M | $17.46M | $17.46M | $17.46M | $17.46M | $17.46M | $17.46M | $17.46M | $17.46M | $5.45M | $4.98M | $4.67M | $3.89M | $7.32M | $8.93M | $3.16M | $778.13K |
| Low Forecast | $47.28M | $47.28M | $47.28M | $47.28M | $39.30M | $29.16M | $22.74M | $17.46M | $17.46M | $17.46M | $17.46M | $17.46M | $17.46M | $17.46M | $17.46M | $5.45M | $4.98M | $4.67M | $3.89M | $7.32M | $8.93M | $3.16M | $778.13K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.37% | -1.98% | -41.42% |
1 analysts predict ORGN's average Quarter EBITDA for Dec 23 to be $7.32M, with a high of $7.32M and a low of $7.32M. This is -75.68% lower than Origin Materials's previous annual EBITDA (Sep 23) of $30.09M.
Origin Materials Net Income Forecast
| Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $30.93M | $-6.46M | $7.26M |
| Avg Forecast | $-4.29M | $-4.29M | $-4.29M | $-4.29M | $-7.15M | $-10.01M | $-10.01M | $-10.01M | $-10.01M | $-11.44M | $-11.44M | $-10.01M | $-10.01M | $-12.87M | $-11.44M | $-15.73M | $-15.73M | $-17.16M | $-14.30M | $-20.02M | $-17.64M | $-16.62M | $-14.74M |
| High Forecast | $-4.29M | $-4.29M | $-4.29M | $-4.29M | $-7.15M | $-10.01M | $-10.01M | $-10.01M | $-10.01M | $-11.44M | $-11.44M | $-10.01M | $-10.01M | $-12.87M | $-11.44M | $-15.73M | $-15.73M | $-17.16M | $-14.30M | $-20.02M | $-17.64M | $-16.62M | $-14.74M |
| Low Forecast | $-4.29M | $-4.29M | $-4.29M | $-4.29M | $-7.15M | $-10.01M | $-10.01M | $-10.01M | $-10.01M | $-11.44M | $-11.44M | $-10.01M | $-10.01M | $-12.87M | $-11.44M | $-15.73M | $-15.73M | $-17.16M | $-14.30M | $-20.02M | $-19.11M | $-16.62M | $-14.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.75% | 0.39% | -0.49% |
Origin Materials's average Quarter net income forecast for Dec 23 is $-20.02M, with a range of $-20.02M to $-20.02M. ORGN's average Quarter net income forecast represents a -164.73% decrease compared to the company's last Quarter net income of $30.93M (Sep 23).
Origin Materials SG&A Forecast
| Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.63M | $8.62M | $7.66M |
| Avg Forecast | $82.06M | $82.06M | $82.06M | $82.06M | $68.21M | $50.61M | $39.47M | $30.30M | $30.30M | $30.30M | $30.30M | $30.30M | $30.30M | $30.30M | $30.30M | $9.45M | $8.64M | $8.10M | $6.75M | $12.71M | $15.50M | $5.49M | $1.35M |
| High Forecast | $82.06M | $82.06M | $82.06M | $82.06M | $68.21M | $50.61M | $39.47M | $30.30M | $30.30M | $30.30M | $30.30M | $30.30M | $30.30M | $30.30M | $30.30M | $9.45M | $8.64M | $8.10M | $6.75M | $12.71M | $15.50M | $5.49M | $1.35M |
| Low Forecast | $82.06M | $82.06M | $82.06M | $82.06M | $68.21M | $50.61M | $39.47M | $30.30M | $30.30M | $30.30M | $30.30M | $30.30M | $30.30M | $30.30M | $30.30M | $9.45M | $8.64M | $8.10M | $6.75M | $12.71M | $15.50M | $5.49M | $1.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.49% | 1.57% | 5.67% |
Origin Materials's average Quarter SG&A projection for Dec 23 is $12.71M, based on 1 Wall Street analysts, with a range of $12.71M to $12.71M. The forecast indicates a 66.45% rise compared to ORGN last annual SG&A of $7.63M (Sep 23).
Origin Materials EPS Forecast
| Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.22 | $-0.05 | $0.05 |
| Avg Forecast | $-0.03 | $-0.03 | $-0.03 | $-0.03 | $-0.05 | $-0.07 | $-0.07 | $-0.07 | $-0.07 | $-0.08 | $-0.08 | $-0.07 | $-0.07 | $-0.09 | $-0.08 | $-0.11 | $-0.11 | $-0.12 | $-0.10 | $-0.14 | $-0.12 | $-0.12 | $-0.10 |
| High Forecast | $-0.03 | $-0.03 | $-0.03 | $-0.03 | $-0.05 | $-0.07 | $-0.07 | $-0.07 | $-0.07 | $-0.08 | $-0.08 | $-0.07 | $-0.07 | $-0.09 | $-0.08 | $-0.11 | $-0.11 | $-0.12 | $-0.10 | $-0.14 | $-0.12 | $-0.12 | $-0.10 |
| Low Forecast | $-0.03 | $-0.03 | $-0.03 | $-0.03 | $-0.05 | $-0.07 | $-0.07 | $-0.07 | $-0.07 | $-0.08 | $-0.08 | $-0.07 | $-0.07 | $-0.09 | $-0.08 | $-0.11 | $-0.11 | $-0.12 | $-0.10 | $-0.14 | $-0.13 | $-0.12 | $-0.10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.78% | 0.40% | -0.51% |
According to 1 Wall Street analysts, Origin Materials's projected average Quarter EPS for Dec 23 is $-0.14, with a low estimate of $-0.14 and a high estimate of $-0.14. This represents a -163.64% decrease compared to ORGN previous annual EPS of $0.22 (Sep 23).
Origin Materials Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| GPRE | Green Plains | $10.82 | $27.40 | 153.23% | Buy |
| ORGN | Origin Materials | $1.23 | $3.00 | 143.90% | Buy |
| CE | Celanese | $74.00 | $141.16 | 90.76% | Buy |
| TROX | Tronox | $10.91 | $19.43 | 78.09% | Buy |
| LXU | LSB Industries | $8.73 | $14.83 | 69.87% | Buy |
| HUN | Huntsman | $19.67 | $33.31 | 69.34% | Buy |
| ASIX | AdvanSix | $30.31 | $41.00 | 35.27% | Buy |
| MEOH | Methanex | $42.29 | $56.29 | 33.10% | Hold |
| UNVR | Univar Solutions | $36.14 | $36.00 | -0.39% | Buy |