Orion Group Holdings Plunges 56.6% on Earnings Miss

On April 11, 2025, Orion Group Holdings experienced a significant drop of 56.6% in pre-market trading, marking a dramatic shift in investor sentiment towards the company.

Orion Group Holdings, a marine infrastructure company, recently reported its Q4 CY2024 earnings, which fell short of market revenue expectations. Despite this, the company's sales increased by 7.6% year over year, reaching $216.9 million. This mixed performance has likely contributed to the recent volatility in the stock price.

Additionally, the company's stock has been under pressure following the release of its Q4 earnings, which saw a 12.1% decline in stock price. This drop is indicative of investor concerns over the company's financial performance and future prospects.

Despite the recent challenges, Orion Group Holdings has a consensus target price of $12.50, suggesting a potential upside of 124.82%. This target price reflects the market's long-term confidence in the company's ability to recover and grow.