Danimer Scientific Inc has a consensus price target of $8.08, established from looking at the 7 latest analyst ratings. The last 3 analyst ratings were released from Piper Sandler, TD Cowen, and Piper Sandler on April 9, 2024, April 4, 2024, and October 11, 2023. With an average price target of $2.42 between Piper Sandler, TD Cowen, and Piper Sandler, there's an implied 185.32% upside for Danimer Scientific Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/09/2024 | DNMR | Buy Now | Danimer Scientific | $0.85 | 47.58% | Piper Sandler | Charles Neivert | $3.5 → $1.25 | Downgrade | Overweight → Neutral | Get Alert |
04/04/2024 | DNMR | Buy Now | Danimer Scientific | $0.85 | 136.13% | TD Cowen | Thomas Boyes | $3 → $2 | Maintains | Buy | Get Alert |
10/11/2023 | DNMR | Buy Now | Danimer Scientific | $0.85 | 372.26% | Piper Sandler | Charles Neivert | $5.5 → $4 | Maintains | Overweight | Get Alert |
06/01/2023 | DNMR | Buy Now | Danimer Scientific | $0.85 | 844.51% | Piper Sandler | Charles Neivert | $7 → $8 | Maintains | Overweight | Get Alert |
04/03/2023 | DNMR | Buy Now | Danimer Scientific | $0.85 | 726.45% | Piper Sandler | Charles Neivert | $6 → $7 | Maintains | Overweight | Get Alert |
10/12/2022 | DNMR | Buy Now | Danimer Scientific | $0.85 | 431.29% | Piper Sandler | Charles Neivert | → $4.5 | Initiates | → Overweight | Get Alert |
09/23/2021 | DNMR | Buy Now | Danimer Scientific | $0.85 | 2379.34% | Cowen & Co. | — | — | Initiates | → Outperform | Get Alert |
The latest price target for Danimer Scientific (NYSE: DNMR) was reported by Piper Sandler on April 9, 2024. The analyst firm set a price target for $1.25 expecting DNMR to rise to within 12 months (a possible 47.58% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Danimer Scientific (NYSE: DNMR) was provided by Piper Sandler, and Danimer Scientific downgraded their neutral rating.
There is no last upgrade for Danimer Scientific.
The last downgrade for Danimer Scientific Inc happened on April 9, 2024 when Piper Sandler changed their price target from $3.5 to $1.25 for Danimer Scientific Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Danimer Scientific, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Danimer Scientific was filed on April 9, 2024 so you should expect the next rating to be made available sometime around April 9, 2025.
While ratings are subjective and will change, the latest Danimer Scientific (DNMR) rating was a downgraded with a price target of $3.50 to $1.25. The current price Danimer Scientific (DNMR) is trading at is $0.85, which is out of the analyst’s predicted range.
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