Should I buy or sell Oatly Group stock right now?

8 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, 3 hold ratings and 4 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 .

What is Oatly Group's stock price target for 2024?

8 Wall Street analysts have issued 1 year target prices for Oatly Group's shares. Their OTLY share price targets range from $1.80 to $4.00. On average, they predict the company's stock price to reach $2.68 in the next twelve months. This suggests a possible upside of 215.7% from the stock's current price. View analysts price targets for OTLY or view top-rated stocks among Wall Street analysts .

How have OTLY shares performed in 2023?

Oatly Group's stock was trading at $1.74 at the beginning of 2023. Since then, OTLY stock has decreased by 51.2% and is now trading at $0.8499. View the best growth stocks for 2023 here .

When is Oatly Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 20th 2024. View our OTLY earnings forecast .

How were Oatly Group's earnings last quarter?

Oatly Group AB (NASDAQ:OTLY) released its quarterly earnings data on Tuesday, May, 9th. The company reported ($0.13) earnings per share for the quarter, meeting the consensus estimate of ($0.13). The company earned $195.70 million during the quarter, compared to analysts' expectations of $188.25 million. Oatly Group had a negative net margin of 31.43% and a negative trailing twelve-month return on equity of 35.66%. The company's revenue for the quarter was up 17.7% on a year-over-year basis. During the same period in the previous year, the company posted ($0.15) earnings per share.

What ETFs hold Oatly Group's stock?

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) and VegTech Plant-based Innovation & Climate ETF (EATV) . Goldman Sachs Future Planet Equity ETF (GSFP) .

When did Oatly Group IPO?

(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 served as the underwriters for the IPO and Rabo Securities, William Blair, Guggenheim Securities, Truist Securities, CICC, Nordea, Oppenheimer & Co. and SEB were co-managers.

Who are Oatly Group's major shareholders?

Oatly Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (4.97%), Massachusetts Financial Services Co. MA (2.86%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (0.59%), IQ EQ FUND MANAGEMENT IRELAND Ltd (0.35%), Vontobel Holding Ltd. (0.11%) and IPG Investment Advisors LLC (0.08%).

How do I buy shares of Oatly Group?

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 .

Oatly Group Stock Price, News & Analysis (NASDAQ:OTLY)

$0.85

+0.06 (+7.60%)

(As of 11/28/2023 ET)

Compare

Today's Range: $0.77
▼
$0.85
50-Day Range: $0.45
▼
$1.00
52-Week Range: $0.44
▼
$3.16

Volume: 2.82 million shs
Average Volume: 4.00 million shs
Market Capitalization: $505.06 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.68

Oatly Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.38 Rating Score
Upside/Downside: 215.7% Upside
$2.68 Price Target
Short Interest: Healthy
4.31% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.44) to ($0.18) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.02 out of 5 stars

Consumer Staples Sector

108th out of 133 stocks

Food & Kindred Products Industry

11th out of 14 stocks

3.2

Analyst's Opinion

Consensus Rating
Oatly Group has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 4 buy ratings, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $2.68, Oatly Group has a forecasted upside of 215.7% from its current price of $0.85.
Amount of Analyst Coverage
Oatly Group has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
4.31% of the float of Oatly Group has been sold short.
Short Interest Ratio / Days to Cover
Oatly Group has a short interest ratio ("days to cover") of 5.3.
Change versus previous month
Short interest in Oatly Group has recently decreased by 0.25%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Oatly Group does not currently pay a dividend.
Dividend Growth
Oatly Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OTLY.

3.1

News and Social Media Coverage

News Sentiment
Oatly Group has a news sentiment score of 1.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Oatly Group this week, compared to 3 articles on an average week.
Search Interest
Only 8 people have searched for OTLY on MarketBeat in the last 30 days. This is a decrease of -27% compared to the previous 30 days.
MarketBeat Follows
12 people have added Oatly Group to their MarketBeat watchlist in the last 30 days. This is an increase of 140% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Oatly Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.70% of the stock of Oatly Group is held by insiders.
Percentage Held by Institutions
Only 21.36% of the stock of Oatly Group is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Oatly Group are expected to grow in the coming year, from ($0.44) to ($0.18) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Oatly Group is -1.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Oatly Group is -1.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Oatly Group has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Oatly Group Stock (NASDAQ:OTLY)

Oatly Group AB, an oatmilk company, provides a range of plant-based dairy products made from oats in Sweden. It offers Barista edition oatmilk, oatgurts, frozen desserts, ice-creams, and yogurts; cooking products, including cooking cream, in regular and organic, Crème Fraiche, whipping cream, vanilla custard and spreads in a variety of flavors; and ready-to-go drinks. The company was formerly known as Havre Global AB and changed its name to Oatly Group AB in March 2021. The company was founded in 1994 and is headquartered in Malmö, Sweden.

OTLY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

OTLY Stock News Headlines

November 21, 2023 | seekingalpha.com

Oatly: Improving Margins Vs. Growth Headwinds

November 18, 2023 | americanbankingnews.com

Stock Traders Purchase High Volume of Call Options on Oatly Group (NASDAQ:OTLY)

November 29, 2023 | RYSE INC. (Ad)

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November 17, 2023 | msn.com

Why Oatly Stock (OTLY) Is Moving

November 16, 2023 | benzinga.com

Why Oatly Stock (OTLY) Is Popping Off Today

November 16, 2023 | finance.yahoo.com

Oatly Announces Nationwide Availability at Insomnia Cookies

November 14, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Oatly Group (OTLY) and WK Kellogg Co (KLG)

November 11, 2023 | finance.yahoo.com

Oatly Group AB (NASDAQ:OTLY) Q3 2023 Earnings Call Transcript

November 29, 2023 | RYSE INC. (Ad)

Secure your stake in the Smart Home industry.

Last chance to invest in RYSE – the shade automation technology launching in over 100 Best Buy stores this month.

November 10, 2023 | finance.yahoo.com

Q3 2023 Oatly Group AB (publ) Earnings Call

November 9, 2023 | finance.yahoo.com

Oatly Group Ab (OTLY) Q3 2023 Earnings Call Transcript

November 9, 2023 | seekingalpha.com

Oatly Group AB 2023 Q3 - Results - Earnings Call Presentation

November 9, 2023 | finance.yahoo.com

Oatly Reports Third Quarter 2023 Financial Results

November 7, 2023 | markets.businessinsider.com

RBC Capital Reaffirms Their Hold Rating on Oatly Group (OTLY)

November 3, 2023 | seekingalpha.com

Oatly's Cash Burn Crisis: Is This The Ultimate Buy-Low Opportunity? (Rating Upgrade)

October 30, 2023 | finance.yahoo.com

Oatly Continues Expansion Into Food Service; Coffee Fellows to Bring Oatly Barista to All Locations Across Europe

October 14, 2023 | markets.businessinsider.com

RBC Capital Sticks to Their Hold Rating for Oatly Group (OTLY)

October 9, 2023 | finance.yahoo.com

Oatly to Report Third Quarter 2023 Financial Results on November 9, 2023

October 3, 2023 | finance.yahoo.com

Oatly Announces Entry Into Meijer Stores

September 26, 2023 | markets.businessinsider.com

Piper Sandler Sticks to Its Buy Rating for Oatly Group (OTLY)

September 7, 2023 | seekingalpha.com

Oatly: Leaves A Bad Taste, With Pain Ahead

August 31, 2023 | finance.yahoo.com

Oatly Group AB (NASDAQ:OTLY) stock most popular amongst private companies who own 46%, while individual investors hold 30%

August 10, 2023 | finanznachrichten.de

Oatly AB: Oatly Expands Partnership With Deutsche Bahn to Bring Oatly Soft Serve to All Its Lounges Across Germany

August 10, 2023 | finance.yahoo.com

Oatly Expands Partnership With Deutsche Bahn to Bring Oatly Soft Serve to All Its Lounges Across Germany

August 3, 2023 | msn.com

Oatly Group AB - ADR (OTLY) Price Target Decreased by 30.89% to 3.16

August 3, 2023 | finance.yahoo.com

Oatly shares rise after oat milk maker expands Amazon relationship

August 3, 2023 | finance.yahoo.com

Oatly and Amazon Expand Relationship to Meet Growing Demand for Plant-Based Drinks Across Europe

See More Headlines

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Company Calendar

Last Earnings: 5/09/2023
Today: 11/28/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/20/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Food & kindred products
Sub-Industry: N/A
Sector: Consumer Staples
Current Symbol: NASDAQ:OTLY
CUSIP: N/A
CIK: 1843586
Web: www.oatly.com
Phone: 46-4-184-755-00
Fax: N/A
Employees: 2,009
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $2.68
High Stock Price Target: $4.00
Low Stock Price Target: $1.80
Potential Upside/Downside: +225.6%
Consensus Rating: Hold
Rating Score (0-4): 2.38
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.56)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-392,570,000.00
Net Margins: -31.43%
Pretax Margin: -30.61%
Return on Equity: -35.66%
Return on Assets: -18.66%

Debt

Debt-to-Equity Ratio: 0.34
Current Ratio: 1.01
Quick Ratio: 0.85

Sales & Book Value

Annual Sales: $722.24 million
Price / Sales: 0.68
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.34 per share
Price / Book: 0.62

Miscellaneous

Outstanding Shares: 594,260,000
Free Float: 584,153,000
Market Cap: $489.73 million
Optionable: Not Optionable
Beta: 1.30

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Key Executives

Mr. Jean-Christophe Flatin (Age 54)
Chief Executive Officer
Ms. Marie-Jose David (Age 51)
Chief Financial Officer
Mr. Daniel Ordonez (Age 54)
Chief Operating Officer
Ms. Christel Kinning (Age 61)
Chief Transformation & People Officer
Ashley Allen
Chief Sustainability Officer
John Schoolcraft
Chief Creative Officer
Sofia Ehlde
Executive Vice President of Food Innovation
Mike Messersmith
President of North America
David Zhang
President of Asia
Fredrik Frimodig
Chief Business Technology Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

OTLY Stock Analysis - Frequently Asked Questions

Should I buy or sell Oatly Group stock right now?: 8 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, 3 hold ratings and 4 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.
What is Oatly Group's stock price target for 2024?: 8 Wall Street analysts have issued 1 year target prices for Oatly Group's shares. Their OTLY share price targets range from $1.80 to $4.00. On average, they predict the company's stock price to reach $2.68 in the next twelve months. This suggests a possible upside of 215.7% from the stock's current price.
View analysts price targets for OTLY or view top-rated stocks among Wall Street analysts.
How have OTLY shares performed in 2023?: Oatly Group's stock was trading at $1.74 at the beginning of 2023. Since then, OTLY stock has decreased by 51.2% and is now trading at $0.8499.
View the best growth stocks for 2023 here.
When is Oatly Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 20th 2024.
View our OTLY earnings forecast.
How were Oatly Group's earnings last quarter?: Oatly Group AB (NASDAQ:OTLY) released its quarterly earnings data on Tuesday, May, 9th. The company reported ($0.13) earnings per share for the quarter, meeting the consensus estimate of ($0.13). The company earned $195.70 million during the quarter, compared to analysts' expectations of $188.25 million. Oatly Group had a negative net margin of 31.43% and a negative trailing twelve-month return on equity of 35.66%. The company's revenue for the quarter was up 17.7% on a year-over-year basis. During the same period in the previous year, the company posted ($0.15) earnings per share.

What ETFs hold Oatly Group's stock?: 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) and VegTech Plant-based Innovation & Climate ETF (EATV).Goldman Sachs Future Planet Equity ETF (GSFP).
When did Oatly Group IPO?: (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 served as the underwriters for the IPO and Rabo Securities, William Blair, Guggenheim Securities, Truist Securities, CICC, Nordea, Oppenheimer & Co. and SEB were co-managers.
Who are Oatly Group's major shareholders?: Oatly Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (4.97%), Massachusetts Financial Services Co. MA (2.86%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (0.59%), IQ EQ FUND MANAGEMENT IRELAND Ltd (0.35%), Vontobel Holding Ltd. (0.11%) and IPG Investment Advisors LLC (0.08%).
How do I buy shares of Oatly Group?: 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.

This page (NASDAQ:OTLY) was last updated on 11/29/2023 by MarketBeat.com Staff

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