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Loop Industries - LOOP Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $7.50
  • Forecasted Upside: 169.78%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$2.78 As of 04/16/2024 11:24 AM ET
+0 (0.00%)

This chart shows the closing price for LOOP by one month, three months, or twelve months.

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Analyst Price Target for LOOP

Analyst Price Target is $7.50
▲ +169.78% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Loop Industries in the last 3 months. The average price target is $7.50, with a high forecast of $7.50 and a low forecast of $7.50. The average price target represents a 169.78% upside from the last price of $2.78.

This chart shows the closing price for LOOP for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 1 polled investment analysts is to buy stock in Loop Industries. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/24/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/22/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/22/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/21/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/19/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/17/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/17/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/16/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/14/2023Raymond JamesLower TargetOutperform$8.00 ➝ $7.50Low
5/23/2023Raymond JamesLower TargetOutperform$10.00 ➝ $8.00Low
1/17/2023Raymond JamesLower TargetOutperform$15.00 ➝ $10.00Low
12/29/2022HC WainwrightDowngradeBuy ➝ NeutralLow
10/14/2022Roth CapitalReiterated RatingBuyLow
10/14/2022HC WainwrightReiterated RatingBuyLow
10/14/2022Raymond JamesLower TargetOutperform$19.00 ➝ $15.00Low
7/15/2022Raymond JamesLower TargetOutperform$19.50 ➝ $19.00Low
3/11/2022Raymond JamesSet TargetOutperform$19.50Low
1/28/2022Raymond JamesSet TargetOutperform$19.50Low
1/12/2022Raymond JamesSet TargetOutperform$19.50High
10/28/2021Raymond JamesInitiated CoverageOutperform$19.50High
10/19/2021HC WainwrightReiterated RatingBuyMedium
10/7/2021HC WainwrightUpgradeNeutral ➝ Buy$23.00High
1/22/2021HC WainwrightDowngradeBuy ➝ NeutralHigh
9/10/2020HC WainwrightReiterated RatingBuy$15.00High
7/16/2020HC WainwrightReiterated RatingBuy$15.00Low
1/13/2020HC WainwrightReiterated RatingBuy$15.00Medium
10/14/2019Roth CapitalInitiated CoverageBuy$14.00Low
10/9/2019HC WainwrightBoost TargetBuy$12.00 ➝ $15.00High
7/12/2019HC WainwrightReiterated RatingBuy$12.00High
5/31/2019HC WainwrightSet TargetBuy$12.00Medium
4/26/2019HC WainwrightInitiated CoverageBuy ➝ Buy$12.00Low
(Data available from 4/16/2019 forward)

News Sentiment Rating

0.07 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 12 positive mentions
  • 6 negative mentions
  • 1 very negative mentions
Mentions as of
9/19/2023
  • 1 very positive mentions
  • 13 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
10/19/2023
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/18/2023
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/18/2023
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
1/17/2024
  • 2 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/16/2024
  • 0 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/17/2024
  • 4 very positive mentions
  • 15 positive mentions
  • 5 negative mentions
  • 4 very negative mentions
Mentions as of
4/16/2024

Current Sentiment

  • 4 very positive mentions
  • 15 positive mentions
  • 5 negative mentions
  • 4 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Loop Industries logo
Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate PET plastics and polyester fibers, including plastic bottles, packaging, carpets and textiles of any color, transparency and even ocean plastics that have been degraded by the sun and salt, to its base building blocks. Its polymerized monomers into virgin-quality PET resins for use in food-grade plastic packaging, such as plastic bottles for water and carbonated soft drinks, and containers for food and other consumer products; and polyester fibers, including textiles, clothing, and apparel. The company was incorporated in 2010 and is based in Terrebonne, Canada.
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Today's Range

Now: $2.78
Low: $2.65
High: $2.90

50 Day Range

MA: $2.93
Low: $2.60
High: $3.43

52 Week Range

Now: $2.78
Low: $2.59
High: $4.70

Volume

4,095 shs

Average Volume

26,320 shs

Market Capitalization

$132.13 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.41

Frequently Asked Questions

What sell-side analysts currently cover shares of Loop Industries?

The following Wall Street analysts have issued research reports on Loop Industries in the last twelve months: Raymond James.
View the latest analyst ratings for LOOP.

What is the current price target for Loop Industries?

1 Wall Street analysts have set twelve-month price targets for Loop Industries in the last year. Their average twelve-month price target is $7.50, suggesting a possible upside of 169.8%. Raymond James has the highest price target set, predicting LOOP will reach $7.50 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of $7.50 for Loop Industries in the next year.
View the latest price targets for LOOP.

What is the current consensus analyst rating for Loop Industries?

Loop Industries currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe LOOP will outperform the market and that investors should add to their positions of Loop Industries.
View the latest ratings for LOOP.

What other companies compete with Loop Industries?

Other companies that are similar to Loop Industries include U-BX Technology, Vacasa, Direct Digital, AstroNova and Alarum Technologies. Learn More about companies similar to Loop Industries.

How do I contact Loop Industries' investor relations team?

Loop Industries' physical mailing address is 480 FERNAND POITRAS, TERREBONNE A8, J6Y 1Y4. The financial services provider's listed phone number is (450) 951-8555 and its investor relations email address is [email protected]. The official website for Loop Industries is www.loopindustries.com. Learn More about contacing Loop Industries investor relations.