Golden Ocean Group Limited (GOGL)
NASDAQ: GOGL · Real-Time Price · USD
11.14
-0.05 (-0.45%)
At close: Nov 22, 2024, 4:00 PM
11.12
-0.02 (-0.21%)
After-hours: Nov 22, 2024, 7:48 PM EST
Golden Ocean Group Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Golden Ocean Group stock have an average target of 13.5, with a low estimate of 12.5 and a high estimate of 14.5. The average target predicts an increase of 21.18% from the current stock price of 11.14.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for GOGL stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Pareto Securities | Pareto Securities | Strong Buy → Hold Downgrades $13 | Strong Buy → Hold | Downgrades | $13 | +12.21% | Nov 21, 2024 |
| Jefferies | Jefferies | Hold Maintains $16 → $15 | Hold | Maintains | $16 → $15 | +30.16% | Aug 28, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $16 | Strong Buy → Hold | Downgrades | $16 | +39.14% | May 22, 2024 |
| Jefferies | Jefferies | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +34.65% | Feb 28, 2024 |
| BTIG | BTIG | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jan 5, 2024 |
Financial Forecast
Revenue This Year
869.04M
from 885.77M
Decreased by -1.89%
Revenue Next Year
921.40M
from 869.04M
Increased by 6.03%
EPS This Year
1.44
from 0.56
Increased by 157.24%
EPS Next Year
1.81
from 1.44
Increased by 25.51%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.1B | 1.1B | 1.2B | |
| Avg | 869.0M | 921.4M | 904.9M | |
| Low | 791.8M | 761.5M | 715.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 20.6% | 26.6% | 26.3% | |
| Avg | -1.9% | 6.0% | -1.8% | |
| Low | -10.6% | -12.4% | -22.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.61 | 2.31 | 2.29 | |
| Avg | 1.44 | 1.81 | 1.83 | |
| Low | 1.15 | 1.39 | 1.15 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 186.9% | 60.4% | 26.6% | |
| Avg | 157.2% | 25.5% | 1.4% | |
| Low | 105.8% | -3.4% | -36.6% |
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.