Danimer Scientific Inc has a consensus price target of $6.26 based on the ratings of 4 analysts. The high is $21 issued by Cowen & Co. on September 23, 2021. The low is $0.8 issued by Jefferies on May 22, 2024. The 3 most-recent analyst ratings were released by Jefferies, Piper Sandler, and TD Cowen on May 22, 2024, April 9, 2024, and April 4, 2024, respectively. With an average price target of $1.35 between Jefferies, Piper Sandler, and TD Cowen, there's an implied 161.17% upside for Danimer Scientific Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/22/2024 | Buy Now | 54.77% | Jefferies | Laurence Alexander | $1.3 → $0.8 | Downgrade | Buy → Hold | Get Alert |
04/09/2024 | Buy Now | 141.83% | Piper Sandler | Charles Neivert | $3.5 → $1.25 | Downgrade | Overweight → Neutral | Get Alert |
04/04/2024 | Buy Now | 286.92% | TD Cowen | Thomas Boyes | $3 → $2 | Maintains | Buy | Get Alert |
10/11/2023 | Buy Now | 673.84% | Piper Sandler | Charles Neivert | $5.5 → $4 | Maintains | Overweight | Get Alert |
06/01/2023 | Buy Now | 1447.69% | Piper Sandler | Charles Neivert | $7 → $8 | Maintains | Overweight | Get Alert |
04/03/2023 | Buy Now | 1254.23% | Piper Sandler | Charles Neivert | $6 → $7 | Maintains | Overweight | Get Alert |
10/12/2022 | Buy Now | 770.57% | Piper Sandler | Charles Neivert | → $4.5 | Initiates | → Overweight | Get Alert |
09/23/2021 | Buy Now | 3962.68% | Cowen & Co. | — | — | Initiates | → Outperform | Get Alert |
The latest price target for Danimer Scientific (NYSE:DNMR) was reported by Jefferies on May 22, 2024. The analyst firm set a price target for $0.80 expecting DNMR to rise to within 12 months (a possible 46.79% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Danimer Scientific (NYSE:DNMR) was provided by Jefferies, and Danimer Scientific downgraded their hold rating.
There is no last upgrade for Danimer Scientific
The last downgrade for Danimer Scientific Inc happened on May 22, 2024 when Jefferies changed their price target from $1.3 to $0.8 for Danimer Scientific Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Danimer Scientific, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Danimer Scientific was filed on May 22, 2024 so you should expect the next rating to be made available sometime around May 22, 2025.
While ratings are subjective and will change, the latest Danimer Scientific (DNMR) rating was a downgraded with a price target of $1.30 to $0.80. The current price Danimer Scientific (DNMR) is trading at is $0.55, which is out of the analyst’s predicted range.
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