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Danimer Scientific

DNMRNYSE
Logo brought to you by Benzinga Data
$3.30
0.072.17%
Pre-Market: 8:06 AM EDT
Consensus Rating1
Hold
Highest Price Target1
$1.00
Lowest Price Target1
$0.80
Consensus Price Target1
$0.93

Danimer Scientific (NYSE:DNMR) Stock, Analyst Ratings, Price Targets, Forecasts

Danimer Scientific Inc has a consensus price target of $0.93 based on the ratings of 3 analysts. The high is $1 issued by Piper Sandler on August 21, 2024. The low is $0.8 issued by Jefferies on May 22, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, TD Cowen, and Jefferies on August 21, 2024, August 13, 2024, and May 22, 2024, respectively. With an average price target of $0.93 between Piper Sandler, TD Cowen, and Jefferies, there's an implied -71.72% downside for Danimer Scientific Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
TD Cowen
Jefferies

1calculated from analyst ratings

Analyst Ratings for Danimer Scientific

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Danimer Scientific (DNMR) stock?

A

The latest price target for Danimer Scientific (NYSE:DNMR) was reported by Piper Sandler on August 21, 2024. The analyst firm set a price target for $1.00 expecting DNMR to fall to within 12 months (a possible -69.70% downside). 5 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Danimer Scientific (DNMR)?

A

The latest analyst rating for Danimer Scientific (NYSE:DNMR) was provided by Piper Sandler, and Danimer Scientific maintained their neutral rating.

Q

When was the last upgrade for Danimer Scientific (DNMR)?

A

There is no last upgrade for Danimer Scientific

Q

When was the last downgrade for Danimer Scientific (DNMR)?

A

The last downgrade for Danimer Scientific Inc happened on August 13, 2024 when TD Cowen changed their price target from $2 to $1 for Danimer Scientific Inc.

Q

When is the next analyst rating going to be posted or updated for Danimer Scientific (DNMR)?

A

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 August 21, 2024 so you should expect the next rating to be made available sometime around August 21, 2025.

Q

Is the Analyst Rating Danimer Scientific (DNMR) correct?

A

While ratings are subjective and will change, the latest Danimer Scientific (DNMR) rating was a maintained with a price target of $1.25 to $1.00. The current price Danimer Scientific (DNMR) is trading at is $3.30, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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