J.P. Morgan analyst Ken Goldman reiterated a Neutral rating on the shares of Oatly Group AB OTLY with no price target.
According to data compiled by S&P Global Market Intelligence, Oatly (OTLY 4.08%) shares lost more than 11% of their value across this week. That wasn't entirely unexpected, as two analysts cut their price targets on the stock, and quite drastically.
Oatly: Badly Beaten Up But May Be Near The Bottom
Here are the most recent updates for investors about stocks that are popular this Tuesday.
Oatly (OTLY 24.91%), the top producer of oat milk and similar dairy alternatives, is facing another challenging week.
Oatly (OTLY -14.49%) shares are falling on Wednesday after the company announced its fourth-quarter results. By 12:30 p.m., the stock price had dropped by 14.3%.
MALMÖ, Sweden, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Oatly Group AB (Nasdaq: OTLY), the leading oat drink company globally, has released its financial results for the fourth quarter and the entire year ending December 31, 2024. Oatly's CEO, Jean-Christophe Flatin, stated, “In the last two years, we have made major changes to our company.”
Oatly Group AB (NASDAQ:OTLY) will hold its Q4 2024 Earnings Conference Call on February 12, 2025, at 8:00 AM ET. The call will feature company representatives including Brian Kearney, Jean-Christophe Flatin, Daniel Ordoñez, and Marie-José David. Various analysts from firms like Jefferies, BNP Paribas, and JPMorgan will also participate in the call.
Oatly Group, a company that specializes in alternative milk products, is probably looking forward to the weekend. Their stock has been struggling lately, with a reported drop of 13% in value for the week as of early Friday morning, according to S&P Global Market Intelligence.
MALMÖ, Sweden, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (Nasdaq: OTLY), the leading oat drink company globally, has announced the shutdown of its facility in Singapore as part of its strategy to maintain a light asset supply chain. This decision is aimed at enhancing the Company's cost structure and lowering future capital expenses.