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OTLY - Why Has Oatly Stock Dropped Over 30% This Year; What's The Forecast?
Oatly Group AB
Oatly's stock price dropped over -30% this year because of weaker-than-expected revenue growth, uncertainty over near-term profitability, and a shift in investors' preferences.
OTLY's consensus financial forecasts point to slowing revenue growth and improving profitability in the medium to long term.
Oatly's shares are rated as a Hold, given that its valuations are fair and I have a mixed view of its long-term financial outlook.