Loop Industries Inc (LOOP)
NASDAQ:LOOP
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Loop Industries (LOOP) Stock Forecast & Price Target

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LOOP Analyst Ratings

Currently, no data available
Based on 0 analysts giving stock ratings to
Loop
Industries
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

LOOP Stock 12 Month Forecast

There Are No Analyst Ratings for LOOP In The Last 3 Months.
Highest Price TargetAverage Price TargetLowest Price Target
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

LOOP Financial Forecast

LOOP Earnings Forecast

Next quarter’s earnings estimate for LOOP is -$0.11 with a range of -$0.12 to -$0.10. The previous quarter’s EPS was -$0.11. LOOP beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 48.19% of the time in the same period. In the last calendar year LOOP has Underperformed its overall industry.
Next quarter’s earnings estimate for LOOP is -$0.11 with a range of -$0.12 to -$0.10. The previous quarter’s EPS was -$0.11. LOOP beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 48.19% of the time in the same period. In the last calendar year LOOP has Underperformed its overall industry.

LOOP Sales Forecast

Next quarter’s sales forecast for LOOP is $42.00K with a range of $0.00 to $84.00K. The previous quarter’s sales results were $6.00K. LOOP beat its sales estimates 25.00% of the time in past 12 months, while its overall industry beat sales estimates 46.74% of the time in the same period. In the last calendar year LOOP has Underperformed its overall industry.
Next quarter’s sales forecast for LOOP is $42.00K with a range of $0.00 to $84.00K. The previous quarter’s sales results were $6.00K. LOOP beat its sales estimates 25.00% of the time in past 12 months, while its overall industry beat sales estimates 46.74% of the time in the same period. In the last calendar year LOOP has Underperformed its overall industry.

Detailed List of Analyst Forecasts​

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Upside/ Downside
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Analyst Profile
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Price Target
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Follow
Article
Paradigm
$8.5
Buy
451.95%
Upside
Reiterated
06/05/24
Is LOOP stock still a buy? (June, 2024)We are modelling four JV plants rolling out for FY27 and FY28. The Ulsan plant will be a 49/51 JV, the French plant 16.5%, the Indian plant 50% and Japan 49%. We assume a debt/equity structure of 60/40 and 70/30 for India. Using our FY28 forecast EBITDA of $147M (unchanged), debt of $433M (unchanged), 57.5M shares outstanding (unchanged, ~47M currently), an 8x EV/EBITDA multiple and a 10% discount rate, we arrive at a target of $8.47 (rounded to $8.50). With the strong support of SKGC, Reed and Ester, we believe Loop is very fundable, thus we maintain our Buy rating, the analyst concluded.

Best Analysts Covering Loop Industries

Which Analyst Should I Follow If I Want to Buy LOOP and Sell After:
1 Month
xxx
Success Rate
1/3 ratings generated profit
33%
Average Return
-3.33%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 33.33% of your transactions generating a profit, with an average return of -3.33% per trade.
3 Months
xxx
Success Rate
0/3 ratings generated profit
0%
Average Return
-22.93%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 0.00% of your transactions generating a profit, with an average return of -22.93% per trade.
1 Year
Marvin WolffParadigm
Success Rate
0/3 ratings generated profit
0%
Average Return
-42.40%
reiterated a buy rating 4 months ago
Copying Marvin Wolff's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -42.40% per trade.
2 Years
xxx
Success Rate
0/3 ratings generated profit
0%
Average Return
-52.47%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 0.00% of your transactions generating a profit, with an average return of -52.47% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

LOOP Analyst Recommendation Trends

Rating
Jul 22
Oct 22
Dec 22
Jan 23
Jun 24
Strong Buy
5
4
3
2
2
Buy
1
0
1
1
1
Hold
0
0
1
2
2
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
6
4
5
5
5
In the current month, LOOP has received 3 Buy Ratings, 2 Hold Ratings, and 0 Sell Ratings. LOOP average Analyst price target in the past 3 months is .
Each month's total comprises the sum of three months' worth of ratings.
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LOOP Stock Forecast FAQ

What is LOOP’s average 12-month price target, according to analysts?
Currently, no data Available
What is LOOP’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for LOOP, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
    How can I follow the stock ratings of top Wall Street analysts?
    Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
      Is LOOP a Buy, Sell or Hold?
      Currently, no data Available
      What is Loop Industries Inc’s price target?
      Currently, no data Available
      What do analysts say about Loop Industries Inc?
      Not enough analysts have published a price target to provide an average price target.
      How can I buy shares of LOOP?
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