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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 -82.97% downside for Danimer Scientific Inc from these most-recent analyst ratings.
1calculated from analyst ratings
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 -81.75% downside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Danimer Scientific (NYSE:DNMR) was provided by Piper Sandler, and Danimer Scientific maintained their neutral rating.
There is no last upgrade for Danimer Scientific
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.
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.
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 $5.48, which is out of the analyst’s predicted range.
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