What is the target price for Oatly Group stock?
Their forecasts range from 7.80 to 36.00. On average, they expect Oatly Group's stock price to reach 19.43 in the next twelve months. This suggests a possible upside of 162.2% from the stock's current price. View analysts' price targets for Oatly Group or view top-rated stocks among Wall Street analysts. Who are Oatly Group's key executives?
Does Oatly Group AB stock have a 24% upside?
The stock is trading at $9.22, which is about 68% below its all-time high. And a look at holiday spending estimates. Atlantic Equities analyst Edward Lewis downgraded Oatly Group AB (NASDAQ:OTLY) to Neutral from Overweight with a reduced $11.50 price target, suggesting a 24% upside.
Why is Oatly group (otly) trading lower Monday?
Oatly Group AB (NASDAQ: OTLY) is trading significantly lower Monday after the company announced worse-than-expected third-quarter revenue results and issued guidance. Oatly reported a quarterly earnings...
What is oat milk company?
Oatly Group AB operates as oat milk company. It focuses on developing oats: a global power crop with inherent properties suited for sustainability and human health.
Can I buy Oatly stock?
You can either buy and own physical Oatly shares (investing) or speculate on its share price, predicting whether it will rise or fall (trading).
What is the stock symbol for Oatly milk?
OTLYOTLY - Oatly Group AB.
What company owns Oatly?
Oatly is now part-owned by The Blackstone Group (7%), Verlinvest, China Resources (a conglomerate owned by the Chinese state), Industrifonden, Östersjöstiftelsen, and the employees. The group also included celebrities such as Oprah Winfrey and Jay-Z, as well as Starbucks founder Howard Schultz.
Is Oatly stock overpriced?
Oatly Appears Overvalued At Current Levels.
Is Oatly publicly traded?
Oatly, a Swedish company that manufactures oat milk and other products, raised $1.43 billion in its initial public offering, selling American depositary shares at $17 each, the high end of its price range. The IPO gives Oatly a $10 billion valuation. Shares of OTLY are now trading on the Nasdaq.
How many shares of Oatly are there?
Share StatisticsAvg Vol (3 month) 34.85MAvg Vol (10 day) 33.21MShares Outstanding 5591.78MImplied Shares Outstanding 6N/AFloat 8232.09M7 more rows
Why are Oatly shares dropping?
Oatly's stock price dropped over -30% this year because of weaker-than-expected revenue growth, uncertainty over near-term profitability, and a shift in investors' preferences. OTLY's consensus financial forecasts point to slowing revenue growth and improving profitability in the medium to long term.
How did Oatly go public?
Oatly priced its initial public offering at $17 per share, giving it an implied valuation of $10 billion. The company is trading on the Nasdaq under the stock ticker “OTLY.” In 2020, Oatly's revenue more than doubled, reaching $421.4 million.
Why should we boycott Oatly?
The United Nations also has accused Blackstone of contributing to the world housing crisis by inflating rents at its residential properties (via The Guardian). Unhappy Oatly fans have taken to social media to announce they are boycotting their favorite oat milk.
What is the Oatly scandal?
In recent days, Oatly has been criticised for pushing their latest marketing claim which states: 'climate experts say cutting dairy and meat products from our diets is the single biggest lifestyle change we can make to reduce our environmental impact.
Is Oatly profitable?
MALMO, SWEDEN – Oatly Group AB aspires to generate gross profit margins of 40% in the long term. In the most recent quarter, the company's margins moved widely in the wrong direction, despite a strong increase in sales.
Is Oatly being shorted?
According to S3 Partners, about 1% of Oatly's float, or the number of shares available on the market, is being shorted as of Tuesday. “This short seller stands to financially benefit from a decline in Oatly's stock price caused by these false reports,” Oatly said in a statement to CNBC.
Why is Oatly shares dropping?
Oatly's stock price dropped over -30% this year because of weaker-than-expected revenue growth, uncertainty over near-term profitability, and a shift in investors' preferences. OTLY's consensus financial forecasts point to slowing revenue growth and improving profitability in the medium to long term.
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Is there a shortage of oat milk?
The company has been rapidly building out manufacturing capacity to meet demand for oat milk and mitigate the effects of shortages. But high construction costs and supply chain delays have already disrupted those plans, pushing the company to pull back on certain investments.
How do you get oat milk?
To make oat milk simply add 1 cup rolled oats + 4 cups water to a high-speed blender and blend on high for 30-45 seconds. Then strain through a clean t-shirt or towel for best results. We found nut milk bags let too much pulp through. Fine mesh strainers also let too much pulp through, so we don't recommend using them.
Should I buy or sell Oatly Group stock right now?
20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Oatly Group in the last twelve months. There are currently 1 sell rating,...
What is Oatly Group's stock price forecast for 2022?
20 Wall Street research analysts have issued 12 month target prices for Oatly Group's shares. Their forecasts range from 4.00 to 30.00. On average,...
How has Oatly Group's stock performed in 2022?
Oatly Group's stock was trading at 7.96 at the beginning of 2022. Since then, OTLY stock has decreased by 51.1% and is now trading at 3.89. View t...
When is Oatly Group's next earnings date?
Oatly Group is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022. View our earnings forecast for Oatly Gro...
How were Oatly Group's earnings last quarter?
Oatly Group AB (NASDAQ:OTLY) posted its quarterly earnings data on Wednesday, May, 4th. The company reported ($0.15) earnings per share (EPS) for t...
What guidance has Oatly Group issued on next quarter's earnings?
Oatly Group issued an update on its FY 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share (EPS) guidance of for th...
Who are Oatly Group's key executives?
Oatly Group's management team includes the following people: Mr. Toni Petersson , CEO & Director (Age 54) Mr. Jean-Christophe Flatin , Global P...
Who are some of Oatly Group's key competitors?
Some companies that are related to Oatly Group include Flowers Foods (FLO) , Simply Good Foods (SMPL) , Tate & Lyle (TATYY) , BellRing Brands (...
When did Oatly Group IPO?
(OTLY) raised $1.4 billion in an IPO on Thursday, May 20th 2021. The company issued 84,400,000 shares at $15.00-$17.00 per share. Morgan Stanley, J...
What is Oatly made of?
Where is Oatly headquartered?
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, and frozen desserts and novelties; ready-to-go drinks, such as cold brew latte, mocha latte, matcha latte, and mini oatmilk in original and chocolate flavors; and cooking products, ...
Headlines
The company was founded in 1994 and is headquartered in Malmö, Sweden.
Oatly Group (NASDAQ:OTLY) Frequently Asked Questions
Close Asset Management Ltd Buys Avantor Inc, Costco Wholesale Corp, Moody's Corporation, Sells ...
Is Oatly a fad?
20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Oatly Group in the last year. There are currently 1 sell rating, 7 hold ratings and 12 buy ratings for the stock.
Who is the CEO of Oatly?
Oatly Group AB's (NASDAQ:OTLY) stellar debut last week was a sign that the plant-based trend is much more than a fad, although experts say it will be another few decades before it takes over animal-deri...
Who is the co-founder of Cavu Ventures?
Yahoo Finance's Brian Sozzi, Julie Hyman, and Myles Udland speak to Oatly CEO Toni Petersson about the company's public market debut, the outlook for growth, and new users converting to oat milk.
Why did Oatly stock fall?
Brett Thomas, Cavu Ventures co-founder, and Corrie Driebusch, WSJ, join 'The Exchange' to discuss Oatly's IPO debut, the future of the company and why he thinks the power of brand and loyalty makes the ...
When will Oatly be in court in 2021?
Oatly shares fall after short seller Spruce Point claims overstated revenue. Spruce Point, which has taken a short position in Oatly, also claimed the company misrepresented environmental sustainability practices related to its production to investors.
Is Vita Coco going public?
NEW YORK, July 29, 2021--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of those who acquired Oatly Group AB ("Oatly" or the "Company") (NASDAQ: OTLY) American Depository Shares ("ADSs") during the period between May 20, ...
What happened
(Bloomberg) -- The owner of coconut water company Vita Coco is planning to go public this year after investors rushed to back Oatly Inc.’s initial public offering, according to people with knowledge of the matter.All Market Inc., which also owns Runa energy drinks and water brand Ever & Ever, aims to list its shares in the U.S. as soon as the third quarter, the people said, asking not to be identified discussing private information. The company could be valued at more than $2 billion in an IPO,
So what
Shares of Oatly ( OTLY 7.23% ) fell 20.8% on Monday after the plant-based foods company cut its full-year sales forecast.
NASDAQ: OTLY
Oatly's revenue surged 49.2% year over year to $171.1 million in the third quarter. The provider of dairy alternatives was able to increase its produced finished goods volume by 77% to 131 million liters after boosting capacity at its facility in Vlissingen, Netherlands.
Now what
Wall Street, however, was expecting even stronger growth. Analysts had forecast revenue of nearly $186 million.
Premium Investing Services
Ongoing production and distribution challenges related to COVID-19 prompted Oatly to cut its full-year revenue outlook. Management now expects the company to generate revenue of more than $635 million, compared to its prior projection of $690 million.
