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Stock impact report

Industry Analysts Just Upgraded Their Danimer Scientific, Inc. (NYSE:DNMR) Revenue Forecasts By 11% [Yahoo! Finance]

Danimer Scientific, Inc. (DNMR) 
Company Research Source: Yahoo! Finance
The consensus estimated revenue numbers rose, with their view now clearly much more bullish on the company's business prospects. After this upgrade, Danimer Scientific's five analysts are now forecasting revenues of US$78m in 2024. This would be a huge 68% improvement in sales compared to the last 12 months. Before the latest update, the analysts were foreseeing US$70m of revenue in 2024. The consensus has definitely become more optimistic, showing a solid increase in revenue forecasts. View our latest analysis for Danimer Scientific There was no particular change to the consensus price target of US$1.51, with Danimer Scientific's latest outlook seemingly not enough to result in a change of valuation. One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's clear from the latest estimates that Danimer Scientific's rate of growth is expected to accelerate meaningfull Show less Read more
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