Deutsche Bank Rates Owens Corning (OC) buy, $165 Price Target

Deutsche Bank has reiterated its buy rating on Owens Corning (NYSE:OC) with a price target of $165, according to analyst Collin Verron. The announcement came on June 30, 2026. Shares of Owens Corning traded near $156.05 on Wednesday.

Owens Corning Stock Up 39.8%

Shares of Owens Corning traded at $156.05 on Wednesday. The company, which operates in the building products and equipment industry, has a market cap of approximately $12.8 billion. It trades with a forward P/E ratio of about 13.48 and has a beta of 1.35, indicating moderate volatility compared to the market. The stock's 52-week range is between $97.53 and $159.90, with a 50-day moving average of $122.71 and a 200-day moving average of $121.03.

Recent Earnings

Owens Corning reported revenue of $9.84 billion, though it experienced a revenue decline of 10.5%. The company posted negative earnings, with a net margin of -5.43% and a return on equity of -9.39%. The next earnings report is scheduled for August 5, 2026.

Dividend

Owens Corning pays an annual dividend rate of $3.06, which yields 1.93%. The dividend payout ratio stands at 31.58%.

Insider Buying and Selling at Owens Corning

Several insiders have been active recently. On May 8, 2026, insiders including Paul Edward Martin, Suzanne Nimocks, Adrienne Elsner, Edward Lonergan, and Michelle Collins purchased shares at an average price of $121.67. Rachel Barthelemy Marcon, President of the Doors segment, sold 700 shares on May 28, 2026, at an average price of $120.71 under a planned program.

Analysts Set New Price Targets

On June 30, 2026, Deutsche Bank maintained its buy rating for Owens Corning with a $165 price target. Evercore ISI Group upgraded the stock to a buy with a $188 target on the same day. Barclays, JP Morgan, and RBC Capital have also maintained their ratings with varying targets, reflecting ongoing interest in the stock.

About Owens Corning

Owens Corning is a leading provider of building materials, including roofing, insulation, and doors, with operations in the United States and internationally. Headquartered in Toledo, Ohio, and led by CEO Brian D. Chambers, the company employs approximately 25,000 people. Its products are distributed through various channels, including home centers, distributors, and retailers.

Bottom Line

Deutsche Bank's reaffirmation of a buy rating suggests continued confidence in Owens Corning's market position. Investors closely watch such analyst ratings as they provide insights into potential stock performance. It's important to note that these ratings reflect views at a specific time and may not indicate future movements.