Olaplex Holdings Inc (OLPX) stock forecast: Can it reach its 52-week high of $2.77

A share price of Olaplex Holdings Inc [OLPX] is currently trading at $1.52, down -0.65%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The OLPX shares have gain 8.57% over the last week, with a monthly amount glided 20.63%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Olaplex Holdings Inc [NASDAQ: OLPX] stock has seen the most recent analyst activity on August 07, 2024, when Telsey Advisory Group reiterated its Market Perform rating and also boosted its price target to $3 from $2. Previously, Piper Sandler upgraded its rating to Neutral on March 19, 2024, and elevated its price target to $2. On October 04, 2023, upgrade upgraded it’s rating to Equal Weight. Piper Sandler downgraded its rating to a Underweight and decreased its price target to $2 on August 25, 2023. Canaccord Genuity downgraded its rating to a Hold and reduced its price target to $3 on August 11, 2023. Telsey Advisory Group downgraded its rating to Market Perform for this stock on August 09, 2023, and downed its price target to $4. In a note dated March 16, 2023, TD Cowen downgraded an Market Perform rating on this stock and revised its target price from $10 to $4.50.

Olaplex Holdings Inc experienced fluctuations in its stock price throughout the past year between $1.01 and $2.77. Currently, Wall Street analysts expect the stock to reach $1.7 within the next 12 months. Olaplex Holdings Inc [NASDAQ: OLPX] shares were valued at $1.52 at the most recent close of the market. An investor can expect a potential return of 11.84% based on the average OLPX price forecast.

Analyzing the OLPX fundamentals

Trailing Twelve Months sales for Olaplex Holdings Inc [NASDAQ:OLPX] were 420.74M which represents -1.95% decline. Gross Profit Margin for this corporation currently stands at 0.66% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.01 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.74.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.4767 points at the first support level, and at 1.4333 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.5667, and for the 2nd resistance point, it is at 1.6133.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Olaplex Holdings Inc [NASDAQ:OLPX] is 10.74. Further, the Quick Ratio stands at 9.53, while the Cash Ratio is 8.86. Considering the valuation of this stock, the price to sales ratio is 2.41, the price to book ratio is 1.15 and price to earnings (TTM) ratio is 83.06.

Transactions by insiders

Recent insider trading involved FOX TRISHA L, Chief People Officer, that happened on May 23 ’25 when 16840.0 shares were sold. General Counsel, Duffy John C completed a deal on Apr 16 ’25 to sell 11730.0 shares. Meanwhile,. Egan Kenneth F bought 10000.0 shares on Mar 14 ’25.

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