Oatly Group (OTLY) Stock Forecast & Price Target

$0.97

+0.02 (+2.10%)

(As of 07/26/2024 ET)

Oatly Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 9 Analyst Ratings

Based on 9 Wall Street analysts who have issued ratings for Oatly Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 9 analysts, 3 have given a hold rating, and 6 have given a buy rating for OTLY.

Consensus Price Target

$2.11
116.94% Upside

High Forecast	$4.00
Average Forecast	$2.11
Low Forecast	$1.05

According to the 9 analysts' twelve-month price targets for Oatly Group, the average price target is $2.11. The highest price target for OTLY is $4.00, while the lowest price target for OTLY is $1.05. The average price target represents a forecasted upside of 116.94% from the current price of $0.97.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Moderate Buy	Moderate Buy	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	3 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$2.11	$2.11	$2.11	$4.47
Forecasted Upside	116.94% Upside	85.28% Upside	85.28% Upside	108.50% Upside

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OTLY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

OTLY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Oatly Group Stock vs. The Competition

Type	Oatly Group	Consumer Staples Companies	S&P 500
Consensus Rating Score	2.67	2.44	2.50
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	116.94% Upside	695.80% Upside	9.15% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/25/2024	Royal Bank of Canada 4 of 5 stars		Reiterated Rating	Sector Perform ➝ Sector Perform	$1.05 ➝ $1.05	+12.87%
7/25/2024	BNP Paribas 3 of 5 stars	M. Gumport Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Outperform
3/1/2024	DA Davidson 3 of 5 stars		Initiated Coverage	Buy	$1.50	+35.13%
2/20/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Equal Weight	$1.25	+2.04%
11/10/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$3.00 ➝ $2.00	+270.37%
10/12/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$7.00 ➝ $4.00	+494.61%
Get the Latest News and Ratings for OTLY and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Oatly Group and its competitors with MarketBeat's FREE daily newsletter.
8/2/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Neutral
7/31/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$7.00 ➝ $3.00	+90.48%
7/31/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$3.00 ➝ $2.00	+21.95%
3/16/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral	$3.30	+52.07%
11/21/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$5.00 ➝ $3.00	+53.85%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 01:09 AM ET.

OTLY Forecast - Frequently Asked Questions

What is Oatly Group's forecast for 2024?: According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Oatly Group is $2.11, with a high forecast of $4.00 and a low forecast of $1.05.
Should I buy or sell Oatly Group stock right now?: 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Oatly Group in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" OTLY shares.
Does Oatly Group's stock price have much upside?: According to analysts, Oatly Group's stock has a predicted upside of 92.38% based on their 12-month stock forecasts.
Has Oatly Group been upgraded by Wall Street analysts recently?: Over the previous 90 days, Oatly Group's stock had 1 upgrade by analysts.
What analysts cover Oatly Group?: Oatly Group has been rated by research analysts at BNP Paribas, and Royal Bank of Canada in the past 90 days.
Do Wall Street analysts like Oatly Group more than its competitors?: Analysts like Oatly Group more than other "consumer staples" companies. The consensus rating for Oatly Group is Moderate Buy while the average consensus rating for "consumer staples" companies is Hold. Learn more on how OTLY compares to other companies.