Golden Ocean Group Limited (GOGL)
NASDAQ: GOGL · Real-Time Price · USD
11.37
-0.20 (-1.73%)
At close: Sep 6, 2024, 4:00 PM
11.40
+0.03 (0.26%)
After-hours: Sep 6, 2024, 5:33 PM EDT
Golden Ocean Group Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Golden Ocean Group stock has a target of 14.5, which predicts an increase of 27.53% from the current stock price of 11.37.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for GOGL stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $16 → $15 | Hold | Maintains | $16 → $15 | +27.53% | Aug 28, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $16 | Strong Buy → Hold | Downgrades | $16 | +36.32% | May 22, 2024 |
| Jefferies | Jefferies | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +31.93% | Feb 28, 2024 |
| BTIG | BTIG | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jan 5, 2024 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $8 → $11 | Hold → Strong Buy | Upgrades | $8 → $11 | -3.25% | Oct 24, 2023 |
Financial Forecast
Revenue This Year
941.05M
from 885.77M
Increased by 6.24%
Revenue Next Year
978.78M
from 941.05M
Increased by 4.01%
EPS This Year
1.66
from 0.56
Increased by 196.64%
EPS Next Year
1.78
from 1.66
Increased by 7.38%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.2B | 1.3B | 1.2B | |
| Avg | 941.1M | 978.8M | 907.7M | |
| Low | 788.9M | 798.7M | 738.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 30.8% | 36.4% | 21.3% | |
| Avg | 6.2% | 4.0% | -7.3% | |
| Low | -10.9% | -15.1% | -24.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.12 | 2.17 | 2.21 | |
| Avg | 1.66 | 1.78 | 1.79 | |
| Low | 1.19 | 0.95 | 1.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 278.7% | 30.8% | 23.6% | |
| Avg | 196.6% | 7.4% | 0.5% | |
| Low | 111.7% | -42.8% | -33.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.