Oatly Group AB, an oatmilk company, provides a range of plant-based dairy products made from oats in Sweden.
Oatly Group Ab stock last closed at $1.95, up 3.72% from the previous day, and has decreased 54.86% in one year. It has underperformed other stocks in the Beverages - Non-Alcoholic industry by 0.69 percentage points. Oatly Group Ab stock is currently +52.34% from its 52-week low of $1.28, and -55.07% from its 52-week high of $4.34.
There are currently 592.32M shares of OTLY outstanding. The market value of OTLY is $1.16B. In the last 24 hours, 2.85M OTLY shares were traded.
You will need a brokerage account in order to access the NASDAQ market and buy OTLY stock.
We believe that eToro is the best place to buy stocks. Here's why:
Get $10 towards your purchase of stock by signing up for an account with eToro today.Open eToro Account
Now that you've chosen your brokerage, you'll need to fill out some personal info so you can invest in OTLY today.
Now that you've opened your account on the best stock app, you can securely and quickly fund your account:
Watch the tutorial below for more details depositing money into your new brokerage account.
Once you have selected the best place to buy Oatly Group Ab stock, it's critical to analyze their stock before you invest, so you can comprehend the risk as well as the upside.
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on OTLY's stock page.
You can use many financial metrics, analyses, models, and charts to gauge OTLY's fair value.
Using relative valuations ratios:
You can do additional valuation research on OTLY's stock here.
Out of 4 Equities analysts who track OTLY, the consensus analyst rating on OTLY is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
John Baumgartner, a top 22% analyst from Mizuho maintains OTLY with a strong buy rating and raises their OTLY price target from $6.00 to $7.00, on May 12, 2023.
Maintaining his Strong Buy rating, Baumgartner raised his price target on Oatly Group AB by 16.7% following the release of the company's Q1 2023 earnings report on 2023/05/09.
The company's Q1 print confirmed the strong advancement in Oatly's turnaround and showed "an uptick in commercial activities,' the analyst told investors.
Baumgartner argued that "this should position the model to deliver high-visibility milestones for investors."
For Q1 2023, Oatly reported:
For FY 2023, management guided:
CEO Toni Petersson commented: “We delivered a solid start to the year, with an acceleration of growth, sequential gross margin expansion, and an improvement in profitability.
"Importantly, the supply chain has continued to perform well. This strong supply chain performance has enabled us to make progress against our 2023 priorities and start playing offense again.
“Looking ahead, we remain focused on our 2023 priorities of accelerating top-line growth, continuous improvement in the supply chain, and driving towards positive adjusted EBITDA in 2024.
"In the upcoming quarters, we plan to increase our investments in exciting demand-generating initiatives to ensure that we maintain our momentum in the marketplace.
"Given our solid Q1 performance and our expectations for continued momentum, we are reiterating our 2023 guidance.”
Nik Modi, a bottom 4% analyst from RBC Capital reiterates OTLY with a buy rating and maintains their OTLY price target from $7.00 to $7.00, on Mar 20, 2023.
Kaumil Gajrawala, a bottom 3% analyst from Credit Suisse reiterates OTLY with a hold rating and maintains their OTLY price target from $3.30 to $3.30, on Mar 16, 2023.
Michael Lavery, a top 4% analyst from Piper Sandler maintains OTLY with a strong buy rating and raises their OTLY price target from $3.00 to $4.00, on Jan 10, 2023.
You can dig deeper into what analysts are forecasting on the Oatly Group Ab stock forecast page.
Last year, OTLY revenue was $751.70M. In the past 2 year, OTLY's revenue has increased by 25.51% per year. This was faster than the Beverages - Non-Alcoholic industry average of 7.96%.
You can research OTLY's earnings and revenue performance here.
In the last 12 months, insiders at OTLY have not bought or sold any shares.
Dig into more about who owns OTLY shares here.
No, Oatly Group Ab doesn't provide an income stream by paying out dividends.
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
There are two main options:
Hit the Open button and your broker will execute your order.
If you want additional help with buying stocks on eToro, watch the how to video below:
Now that you own some shares in OTLY, you'll want to stay up-to-date on your new investment.
Add OTLY to a watchlist to see the latest developments about your OTLY stock.
To reiterate, here are the 6 steps to buy stock in Oatly Group Ab:
If you need a place to buy stocks, eToro is our recommended option.Get Started with eToro Today
If you want to keep tabs on your new investment in Oatly Group Ab, add OTLY to your watchlist below.
How much does it cost to buy one Oatly Group Ab share?
Is now a good time to buy Oatly Group Ab stock?
What is the best way to buy Oatly Group Ab stock?