Should I Buy ORN? ORN 2026 Analysis

Should You Buy Orion Group Holdings Inc (ORN) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Buy

Latest Price

12.220

1 Day change

-2.40%

52 Week Range

13.170

Analysis Updated At

2026/01/30

BUY now. ORN is in a clear bullish trend (stacked moving averages and expanding positive MACD), is pulling back modestly pre-market to a better entry level, and has a fresh bullish Wall Street catalyst (JPM Overweight, $16 PT). Options positioning is extremely call-skewed (very low put/call OI), supporting bullish sentiment. While fundamentals in 2025/Q3 were mixed (profit/EPS down YoY), margin improved, and the technical/momentum setup plus analyst catalyst makes it a good buy right now for an impatient investor looking for near-term upside toward 12.83–13.45 and potentially higher if momentum continues.

Technical Analysis

Trend is bullish. SMA_5 > SMA_20 > SMA_200 signals strong upside structure. MACD histogram is positive (0.147) and expanding, confirming strengthening upward momentum. RSI_6 is 73.825 (hot/near overbought), which can mean short-term chop/pullback risk, but it also often appears during strong uptrends. Key levels: Pivot 11.845 is the nearest technical line to hold; resistance levels are R1 12.834 then R2 13.445. With pre-market around 12.3 (-1.76%), price is below R1, offering a reasonable momentum entry with upside room to the next resistance zone.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Open interest is heavily call-dominant (call OI 828 vs put OI 55; OI put/call 0.07), reflecting bullish positioning. Reported options volume is effectively zero today, so sentiment is inferred mainly from positioning rather than fresh trading flow. Volatility is elevated (HV ~78.49; IV_30d ~85.48; IV percentile ~73.6), implying the market is pricing larger moves than usual.

Technical Summary

Sell

Buy

Positive Catalysts

Fresh sell-side catalyst: JPMorgan initiated ORN at Overweight with a $16 target (~45% upside), framing ORN as a beneficiary of U.S. infrastructure and data center construction cycles.
Strong technical trend (bullish MA stack + positive expanding MACD).
Options positioning is strongly bullish (very low put/call OI).
Pattern-based projection indicates favorable odds of gains over 1-week and 1-month horizons (3.17% next week; 12.96% next month).

Neutral/Negative Catalysts

Short-term momentum is stretched (RSI_6 ~73.8), which can cap immediate upside or cause brief pullbacks.
Latest reported quarter showed YoY declines in Net Income (-22.55%) and EPS (-33.33%), which can limit multiple expansion if not reversed.
No supportive news flow in the past week; near-term moves may rely mainly on technicals/market tone.
Elevated volatility/IV indicates the stock can move sharply in both directions.

Financial Performance

Latest quarter: 2025/Q3. Revenue was $225.097M (-0.70% YoY), Net Income $3.301M (-22.55% YoY), EPS $0.08 (-33.33% YoY). The notable positive is profitability quality: Gross Margin improved to 13.22 (+10.72% YoY), suggesting operational improvement even though earnings and EPS were down YoY.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Recent trend: improving/positive. On 2026-01-22, JPMorgan initiated coverage with an Overweight rating and a $16 price target (about 45% upside from recent levels). Wall Street pros: clear infrastructure/data-center cycle beneficiary, improving operational trajectory, potential for sustained revenue growth and margin expansion. Cons: needs to translate margin progress into stronger net income/EPS growth; macro/execution sensitivity inherent in construction/marine services.

2 Analyst Rating

Wall Street analysts forecast ORN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ORN is 13 USD with a low forecast of 13 USD and a high forecast of 13 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Buy

0 Hold

0 Sell

Moderate Buy

Current: 12.520

Low

Averages

High

Current: 12.520

Low

Averages

High

JPMorgan

Overweight

initiated

$16

AI Analysis

2026-01-22

Reason

JPMorgan

Price Target

$16

AI Analysis

2026-01-22

initiated

Overweight

Reason

JPMorgan initiated coverage of Orion Group with an Overweight rating and $16 price target, representing 45% upside. Orion delivers mission-critical marine construction, dredging and large-scale concrete services, the analyst tells investors in a research note. The firm says the company is a pure-play beneficiary of the U.S. infrastructure and data center construction cycles. It sees Orion's macro exposure and improving operational trajectory driving sustained revenue growth and margin expansion.

Texas Capital

Buy

initiated

2025-08-21

Reason

Texas Capital

Price Target

2025-08-21

initiated

Buy

Reason

Texas Capital initiated coverage of Orion Group with a Buy rating and $9 price target. Orion is a leader in marine construction and commercial concrete services across the U.S., Canada and Caribbean, the analyst tells investors in a research note. The firm says the company's transformation has driven revenue growth and margin expansion. Orion is well positioned to execute on its growth initiatives, contends Texas Capital.

Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for ORN

Unlock Now

ORN Should I Buy

ORN Should I Buy

Should You Buy Orion Group Holdings Inc (ORN) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

People Also Watch