
Owens Corning (OC) Stock Forecast & Price Target
Owens Corning (OC) Analyst Ratings
Bulls say
Owens-Corning Inc. has demonstrated robust performance in its Roofing segment, reporting EBIT of $280 million, bolstered by strong sales and margins, which positions it favorably within the building products sector. The company's strategic investment in laminate capacity is anticipated to enhance margins further as demand for premium laminate products grows, complemented by a projected 7-10% price increase in residential roofing. Additionally, Owens-Corning is expected to maintain strong free cash flow (FCF) to support capital returns and share buybacks, despite an anticipated increase in capital expenditures in the coming years, underscoring the strength of its integrated business model and financial health.
Bears say
The negative outlook for Owens-Corning's stock stems from a projected 6% decline in fiscal year 2025 earnings per share (EPS) and a forecasted sales drop to $10.6 billion, which represents a 3% year-over-year decrease. Concerns are heightened by expectations of a slowdown in North American housing demand, impacting pricing for residential insulation and potentially leading to greater-than-expected declines in roofing volumes and prices that would negatively affect margins. Additionally, factors such as slower global economic activity and challenges in integrating Masonite are identified as significant risks that could further pressure the company's financial performance.
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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