
Owens Corning (OC) Stock Forecast & Price Target
Owens Corning (OC) Analyst Ratings
Bulls say
Owens-Corning Inc has demonstrated strong financial performance, particularly within its Roofing segment, which reported an EBIT of $280 million, reflecting robust sales and margins. The company's strategic shift toward laminate products is anticipated to enhance profit margins, supported by a recent price increase in residential roofing. Additionally, the firm's healthy free cash flow and improved balance sheet position it favorably for capital returns and continued investments in capacity, further solidifying its outlook within the building products sector.
Bears say
Owens-Corning is projected to experience a decline in earnings per share (EPS) of 6% for FY'25, reflecting a combination of weaker-than-expected guidance and challenges in market conditions. Additionally, the company's sales forecast has been adjusted downwards to $10.6 billion for FY'25, indicating a year-over-year decrease of 3%, which signals concerns regarding the demand in their primary markets, particularly in housing and insulation. Multiple risks align with this negative outlook, including slowing global economic activity, North American housing demand declines, and potential pressures on roofing margins due to deflation and decreased volume.
This aggregate rating is based on analysts' research of Owens Corning and is not a guaranteed prediction by Public.com or investment advice.
Owens Corning (OC) Analyst Forecast & Price Prediction
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