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NYSE: OC
Owens Corning Stock Forecast, Predictions & Price Target

Analyst price target for OC

Based on 8 analysts offering 12 month price targets for Owens Corning.
Min Forecast
$61.00-33.66%
Avg Forecast
$97.75+6.31%
Max Forecast
$135.00+46.82%

Should I buy or sell OC stock?

Based on 10 analysts offering ratings for Owens Corning.
Hold
Strong Buy
3 analysts 30%
Buy
0 analysts 0%
Hold
5 analysts 50%
Sell
0 analysts 0%
Strong Sell
2 analysts 20%

OC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Top 23%
78
HoldMaintains$98.00+6.58%2021-10-29
Anonymous
Barclays
HoldMaintains$105.00+14.19%2021-10-28
RBC Capital
Top 40%
61
HoldMaintains$97.00+5.49%2021-10-28
Barclays
Top 16%
85
HoldMaintains$102.00+10.93%2021-04-29
Loop Capital
Top 12%
89
Strong BuyMaintains$112.00+21.81%2021-04-29
Jefferies
Bottom 15%
15
Strong BuyMaintains$135.00+46.82%2021-04-29
Northcoast Research
Top 29%
72
HoldDowngradesN/AN/A2021-04-15
Wolfe Research
Top 22%
79
HoldInitiates Coverage OnN/AN/A2021-03-17
Truist Securities
Top 1%
100
Strong BuyMaintains$101.00+9.84%2021-03-16
Goldman Sachs
Bottom 3%
3
Strong SellDowngrades$76.00-17.35%2021-03-03

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Forecast return on equity

Is OC forecast to generate an efficient return?
Company
N/A
Industry
-60.65%
Market
46.47%

Forecast return on assets

Is OC forecast to generate an efficient return on assets?
Company
N/A
Industry
10.93%

OC earnings per share forecast

What is OC's earnings per share in the next 2 years based on estimates from 5 analysts?
Avg 1 year Forecast
$8.76-7.69%
Avg 2 year Forecast
$9.31-1.9%
OC's earnings are forecast to grow at a rate of -0.95% per year, which is not exceptional
Forecast

OC revenue forecast

What is OC's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$8.4B+1.07%
Avg 2 year Forecast
$8.8B+5.89%
Avg 3 year Forecast
$9.4B+12.98%
OC's revenue is forecast to grow at a rate of 3.22% per year, which is not exceptional
Forecast

OC earnings growth forecast

How is OC forecast to perform vs Building Products & Equipment companies and vs the US market?
Company
-0.95%
Industry
15.71%
Market
17.69%
OC's earnings are forecast to grow slower (-0.95% per year) than the US Building Products & Equipment industry average (15.71%)
Forecast
OC's earnings are forecast to grow slower (-0.95% per year) than the US market average (17.69%)
Forecast
OC's earnings are forecast to grow slower (-0.95% per year) than the risk-free savings rate (1.4%)
Forecast

OC revenue growth forecast

How is OC forecast to perform vs Building Products & Equipment companies and vs the US market?
Company
3.22%
Industry
5.86%
Market
10.71%
OC's revenues are forecast to grow slower (3.22% per year) than the US Building Products & Equipment industry average (5.86%)
Forecast
OC's revenues are forecast to grow slower (3.22% per year) than the US market average (10.71%)
Forecast

Owens Corning Stock Forecast FAQ

Is Owens Corning Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NYSE: OC) stock is to Hold OC stock.

Out of 10 analysts, 3 (30%) are recommending OC as a Strong Buy, 0 (0%) are recommending OC as a Buy, 5 (50%) are recommending OC as a Hold, 0 (0%) are recommending OC as a Sell, and 2 (20%) are recommending OC as a Strong Sell.

What is OC's earnings growth forecast for 2021-2022?

(NYSE: OC) Owens Corning's forecast annual earnings growth rate of -0.95% is not forecast to beat the US Building Products & Equipment industry's average forecast earnings growth rate of 15.71%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.69%.

Owens Corning's earnings in 2021 is $1,000,000,000.On average, 5 Wall Street analysts forecast OC's earnings for 2021 to be $880,263,072, with the lowest OC earnings forecast at $813,941,881, and the highest OC earnings forecast at $929,501,531.

In 2022, OC is forecast to generate $935,530,730 in earnings, with the lowest earnings forecast at $829,014,879 and the highest earnings forecast at $991,803,255.

What is OC's revenue growth forecast for 2021-2023?

(NYSE: OC) Owens Corning's forecast annual revenue growth rate of 3.22% is not forecast to beat the US Building Products & Equipment industry's average forecast revenue growth rate of 5.86%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.71%.

Owens Corning's revenue in 2021 is $8,292,000,000.On average, 4 Wall Street analysts forecast OC's revenue for 2021 to be $842,142,153,757, with the lowest OC revenue forecast at $837,254,784,464, and the highest OC revenue forecast at $845,464,543,932. On average, 4 Wall Street analysts forecast OC's revenue for 2022 to be $882,333,598,984, with the lowest OC revenue forecast at $867,451,023,390, and the highest OC revenue forecast at $896,722,785,118.

In 2023, OC is forecast to generate $941,402,667,630 in revenue, with the lowest revenue forecast at $925,991,532,246 and the highest revenue forecast at $956,813,803,014.

What is OC's forecast return on assets (ROA) for 2021-2023?

(NYSE: OC) forecast ROA is N/A, which is lower than the forecast US Building Products & Equipment industry average of 10.93%.

What is OC's Price Target?

According to 8 Wall Street analysts that have issued a 1 year OC price target, the average OC price target is $97.75, with the highest OC stock price forecast at $135.00 and the lowest OC stock price forecast at $61.00.

On average, Wall Street analysts predict that Owens Corning's share price could stay at $97.75 by Oct 29, 2022. The average Owens Corning stock price prediction forecasts a potential downside of N/A from the current OC share price of $91.95.

What is OC's Earnings Per Share (EPS) forecast for 2021-2022?

(NYSE: OC) Owens Corning's current Earnings Per Share (EPS) is $9.49. On average, analysts forecast that OC's EPS will be $8.76 for 2021, with the lowest EPS forecast at $8.10, and the highest EPS forecast at $9.25. In 2022, OC's EPS is forecast to hit $9.31 (min: $8.25, max: $9.87).

What is OC's forecast return on equity (ROE) for 2021-2023?

(NYSE: OC) forecast ROE is N/A, which is considered weak.
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