Oatly Group (OTLY) Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Oatly Group in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" OTLY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OTLY, but not buy additional shares or sell existing shares.
View OTLY analyst ratings or view top-rated stocks.

5 equities research analysts have issued 12-month price targets for Oatly Group's stock. Their OTLY share price forecasts range from $3.00 to $7.00. On average, they expect the company's stock price to reach $4.61 in the next twelve months. This suggests a possible upside of 162.2% from the stock's current price.
View analysts price targets for OTLY or view top-rated stocks among Wall Street analysts.

Oatly Group's stock was trading at $1.74 on January 1st, 2023. Since then, OTLY shares have increased by 1.1% and is now trading at $1.76.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our OTLY earnings forecast.

Oatly Group AB (NASDAQ:OTLY) announced its quarterly earnings data on Tuesday, May, 9th. The company reported ($0.13) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.13). The firm had revenue of $195.70 million for the quarter, compared to the consensus estimate of $188.25 million. Oatly Group had a negative trailing twelve-month return on equity of 44.48% and a negative net margin of 50.64%. The company's quarterly revenue was up 17.7% on a year-over-year basis. During the same period last year, the company earned ($0.15) earnings per share.

ETFs with the largest weight of Oatly Group (NASDAQ:OTLY) stock in their portfolio include Global X AgTech & Food Innovation ETF (KROP), VanEck Future of Food ETF (YUMY), VegTech Plant-based Innovation & Climate ETF (EATV), Goldman Sachs Future Planet Equity ETF (GSFP) and Carbon Collective Climate Solutions U.S. Equity ETF (CCSO).

Oatly Group issued an update on its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $888.35 million-$924.47 million, compared to the consensus revenue estimate of $885.20 million.

(OTLY) raised $1.4 billion in an initial public offering (IPO) on Thursday, May 20th 2021. The company issued 84,400,000 shares at a price of $15.00-$17.00 per share. Morgan Stanley, J.P. Morgan, Credit Suisse, barclays, Jefferies, BNP Paribas; BofA Securities, Piper Sandler and RBC Capital Markets acted as the underwriters for the IPO and Rabo Securities, William Blair, Guggenheim Securities, Truist Securities, CICC, Nordea, Oppenheimer & Co. and SEB were co-managers.

Oatly Group trades on the NASDAQ under the ticker symbol "OTLY."

Oatly Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Pictet Asset Management SA (0.44%), Balyasny Asset Management L.P. (0.34%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (0.33%), Banque Pictet & Cie SA (0.30%), Armistice Capital LLC (0.25%) and Prentice Capital Management LP (0.22%).

Shares of OTLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of OTLY stock can currently be purchased for approximately $1.76.

Oatly Group (NASDAQ:OTLY) has a market capitalization of $1.04 billion and generates $722.24 million in revenue each year. The company earns $-392,570,000.00 in net income (profit) each year or ($0.64) on an earnings per share basis.

The company employs 2,009 workers across the globe.

Oatly Group's mailing address is JAGAREGATAN 4, MALMO V7, 21119. The official website for the company is www.oatly.com. The company can be reached via phone at 46-4-184-755-00 or via email at investors@oatly.com.