Pacific Basin Shipping Limited (HKG:2343)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
2.860
-0.160 (-5.30%)
Jun 18, 2026, 4:08 PM HKT

Pacific Basin Shipping Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, Pacific Basin Shipping stock has a consensus rating of "Buy" and an average price target of $3.47. The average 1-year stock price forecast is 21.33% higher than the current stock price, while the lowest is $3.25 (+13.64%) and the highest is $3.80 (+32.87%).

Price Target: $3.47 (+21.33%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$3.25$3.47$3.40$3.80
Change+13.64%+21.33%+18.88%+32.87%
* Price targets were last updated on Mar 31, 2026.

Analyst Ratings

The average analyst rating for Pacific Basin Shipping stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy444332
Buy111111
Hold333233
Sell000111
Strong Sell000100
Total888887

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
$3.70
BuyMaintains$3.70+29.37%Mar 31, 2026
Unknown Analyst
CICC
No rating
CICC
Buy
Maintains
$3.40
BuyMaintains$3.40+18.88%Mar 12, 2026
Unknown Analyst
Huatai Securities
No rating
Huatai Securities
Buy
Maintains
$3.50
BuyMaintains$3.50+22.38%Mar 7, 2026
HSBC
HSBC
Sell
Maintains
$3.00
SellMaintains$3.00+4.90%Mar 4, 2026
Unknown Analyst
Bank of America Securities
No rating
Bank of America Securities
Hold
Maintains
$3.70
HoldMaintains$3.70+29.37%Mar 4, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
2.44B
from 2.08B
Increased by 17.13%
Revenue Next Year
2.39B
from 2.44B
Decreased by -2.14%
EPS This Year
0.03
from 0.01
Increased by 143.96%
EPS Next Year
0.03
from 0.03
Increased by 8.92%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
2.97B3.28B2.30B2.58B2.08B2.44B
Revenue Growth
102.08%10.40%-30.02%12.41%-19.39%17.13%
Gross Profit
739.34M732.08M130.95M135.24M75.84M161.04M
Gross Margin
24.87%22.31%5.70%5.24%3.64%6.61%
Operating Income
730.88M723.95M124.21M129.23M68.86M147.82M
Net Income
844.81M701.86M109.38M131.70M58.17M141.94M
EPS
----0.010.03
EPS Growth
-----46.49%143.96%
Forward PE
2.393.029.946.5413.7313.18
Dividend / Share
0.070.070.010.010.010.02
Dividend Growth
--6.94%-85.07%20.00%-16.67%132.90%
Free Cash Flow
360.12M552.30M59.96M114.31M127.14M118.50M
No. Analysts
-----7
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High2.8B
Avg2.4B
Low2.2B

Revenue Growth

Revenue Growth202620272028
High
36.7%
Avg
17.1%
Low
3.9%

EPS Forecast

EPS202620272028
High0.03
Avg0.03
Low0.02

EPS Growth

EPS Growth202620272028
High
180.8%
Avg
144.0%
Low
76.2%