Orion Group Holdings

ORN · NYSE

$8.70−$0.12 (−1.36%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $8.82

ORN analyst rating

BuyConsensus of 5 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy5
Hold0
Underperform0
Sell0

12-month price target · 8 analysts

Average $15.11 (+73.7% upside)

Low: $13.13
Now: $8.70
High: $16.69

Upgrades and downgrades

The latest rating actions, newest first

ORN analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
JP Morgan	Oct 13, 2026	Maintains	Overweight	$16.00 → $14.00	27%
Oppenheimer	Jul 7, 2026	Initiates	Outperform	$20.00	61%
Freedom Broker	Jun 2, 2026	Initiates	Buy	$16.40	—
JP Morgan	May 15, 2026	Maintains	Overweight	$16.00 → $19.00	27%
B. Riley Securities	Mar 5, 2026	Maintains	Buy	$15.50 → $17.00	63%
Roth Capital	Feb 10, 2026	Initiates	Buy	$17.00	53%
DA Davidson	Feb 5, 2026	Maintains	Buy	$13.00 → $15.00	61%
JP Morgan	Jan 22, 2026	Initiates	Overweight	$16.00	27%

The case for and against

Updated Jul 28, 2026

Bull case

Orion Group Holdings is a highly specialized construction company that has made investments for future growth and has set ambitious revenue and EBITDA targets, indicating confidence in its capabilities and industry outlook. The company's unique capabilities, new management team, and pursuit of mergers and acquisitions make it well-positioned for success in high-growth industries such as the data center market. With strong organic growth and potential for major projects and infrastructure investments, ORN is expected to see a significant increase in revenue and margins. Despite competition and potential risks, ORN has a strong presence in key markets and a solid strategic plan for expansion, positioning it as a strong buy with potential for further growth.

Bear case

Orion Group Holdings is a specialty construction company with a focus on marine construction and turnkey concrete construction services. While the company's unique capabilities in marine infrastructure and expansion into new markets like data centers may present opportunities for growth, its heavy reliance on the highly competitive construction market and potential risks such as customer concentration and government funding limitations dampen our outlook. Despite recent transformation efforts and strong management, we believe the company's debt levels and limited liquidity may also hinder its potential.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.