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NASDAQ: LOOP
Loop Industries Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for LOOP

Based on 3 analysts offering 12 month price targets for Loop Industries Inc.
Min Forecast
$19.00+656.97%
Avg Forecast
$20.67+723.35%
Max Forecast
$23.00+816.33%

Should I buy or sell LOOP stock?

Based on 3 analysts offering ratings for Loop Industries Inc.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
1 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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Forecast return on equity

Is LOOP forecast to generate an efficient return?
Company
105.36%
Industry
0.13%
Market
12.46%
LOOP's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is LOOP forecast to generate an efficient return on assets?
Company
75.44%
Industry
0.09%
LOOP is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

LOOP earnings per share forecast

What is LOOP's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
-$1.00
Avg 2 year Forecast
-$0.86
Avg 3 year Forecast
-$0.50

LOOP revenue forecast

What is LOOP's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$2.0M+1,147.26%
Avg 2 year Forecast
$50.0M+31,081.4%
Avg 3 year Forecast
$95.9M+59,705.93%
LOOP's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

LOOP revenue growth forecast

How is LOOP forecast to perform vs Specialty Chemicals companies and vs the US market?
Company
743.55%
Industry
11.31%
Market
9.31%
LOOP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
LOOP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

LOOP vs Specialty Chemical Stocks

TickerPricePrice TargetUp/downsideConsensus
LOOP$2.51$20.67+723.35%Strong Buy
NTIC$12.88$18.00+39.75%Strong Buy
CMT$15.00$16.00+6.67%Strong Buy
WULF$1.11$5.00+350.45%Strong Buy
VNTR$0.56$1.06+88.93%Hold
View Top Specialty Chemical Stocks

Loop Industries Stock Forecast FAQ

Is Loop Industries Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: LOOP) stock is to Strong Buy LOOP stock.

Out of 3 analysts, 2 (66.67%) are recommending LOOP as a Strong Buy, 1 (33.33%) are recommending LOOP as a Buy, 0 (0%) are recommending LOOP as a Hold, 0 (0%) are recommending LOOP as a Sell, and 0 (0%) are recommending LOOP as a Strong Sell.

If you're new to stock investing, here's how to buy Loop Industries stock.

What is LOOP's earnings growth forecast for 2023-2025?

(NASDAQ: LOOP) Loop Industries's forecast annual earnings growth rate of N/A is not forecast to beat the US Specialty Chemicals industry's average forecast earnings growth rate of 13.78%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 24.23%.

Loop Industries's earnings in 2023 is -$40,997,111.On average, 3 Wall Street analysts forecast LOOP's earnings for 2023 to be -$47,469,224, with the lowest LOOP earnings forecast at -$57,912,453, and the highest LOOP earnings forecast at -$34,177,841. On average, 3 Wall Street analysts forecast LOOP's earnings for 2024 to be -$40,823,533, with the lowest LOOP earnings forecast at -$72,627,913, and the highest LOOP earnings forecast at -$21,361,151.

In 2025, LOOP is forecast to generate -$23,734,612 in earnings, with the lowest earnings forecast at -$48,893,301 and the highest earnings forecast at $1,424,077.

What is LOOP's revenue growth forecast for 2023-2025?

(NASDAQ: LOOP) Loop Industries's forecast annual revenue growth rate of 743.55% is forecast to beat the US Specialty Chemicals industry's average forecast revenue growth rate of 11.31%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 9.31%.

Loop Industries's revenue in 2023 is $160,352.On average, 1 Wall Street analysts forecast LOOP's revenue for 2023 to be $94,938,448, with the lowest LOOP revenue forecast at $94,938,448, and the highest LOOP revenue forecast at $94,938,448. On average, 1 Wall Street analysts forecast LOOP's revenue for 2024 to be $2,373,461,200, with the lowest LOOP revenue forecast at $2,373,461,200, and the highest LOOP revenue forecast at $2,373,461,200.

In 2025, LOOP is forecast to generate $4,552,298,582 in revenue, with the lowest revenue forecast at $4,552,298,582 and the highest revenue forecast at $4,552,298,582.

What is LOOP's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: LOOP) forecast ROA is 75.44%, which is higher than the forecast US Specialty Chemicals industry average of 0.09%.

What is LOOP's Price Target?

According to 3 Wall Street analysts that have issued a 1 year LOOP price target, the average LOOP price target is $20.67, with the highest LOOP stock price forecast at $23.00 and the lowest LOOP stock price forecast at $19.00.

On average, Wall Street analysts predict that Loop Industries's share price could reach $20.67 by Jul 27, 2023. The average Loop Industries stock price prediction forecasts a potential upside of 723.35% from the current LOOP share price of $2.51.

What is LOOP's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: LOOP) Loop Industries's current Earnings Per Share (EPS) is -$0.86. On average, analysts forecast that LOOP's EPS will be -$1.00 for 2023, with the lowest EPS forecast at -$1.22, and the highest EPS forecast at -$0.72. On average, analysts forecast that LOOP's EPS will be -$0.86 for 2024, with the lowest EPS forecast at -$1.53, and the highest EPS forecast at -$0.45. In 2025, LOOP's EPS is forecast to hit -$0.50 (min: -$1.03, max: $0.03).

What is LOOP's forecast return on equity (ROE) for 2023-2026?

(NASDAQ: LOOP) forecast ROE is 105.36%, which is considered strong.
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