Ardmore Shipping logo
Ardmore Shipping Corporation (ASC)
NYSE: ASC · Real-Time Price · USD
19.47
+0.99 (5.36%)
At close: Oct 8, 2026, 4:00 PM EDT
19.65
+0.18 (0.92%)
Pre-market: Oct 9, 2026, 7:52 AM EDT

Ardmore Shipping Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, Ardmore Shipping stock has a consensus rating of "Strong Buy" and an average price target of $22.5. The average 1-year stock price forecast is 15.56% higher than the current stock price, while the lowest is $21 (+7.86%) and the highest is $24 (+23.27%).

Price Target: $22.5 (+15.56%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$21$22.5$22.5$24
Change+7.86%+15.56%+15.56%+23.27%
* Price targets were last updated on Jul 22, 2026.

Analyst Ratings

The average analyst rating for Ardmore Shipping stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy222222
Buy000000
Hold000000
Sell000000
Strong Sell000000
Total222222

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Evercore ISI
Evercore ISI
Buy
Maintains
$21
BuyMaintains$21+7.86%Jul 22, 2026

Financial Forecast

Revenue This Year
296.15M
from 310.20M
Decreased by -4.53%
Revenue Next Year
255.70M
from 296.15M
Decreased by -13.66%
EPS This Year
3.63
from 0.95
Increased by 282.11%
EPS Next Year
1.64
from 3.63
Decreased by -54.82%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
192.48M445.74M395.98M405.78M310.20M296.15M
Revenue Growth
-12.53%131.57%-11.16%2.48%-23.56%-4.53%
Operating Income
-19.93M159.45M128.13M128.29M47.18M153.70M
Net Income
-36.83M138.45M116.81M133.01M41.01M160.75M
EPS
----0.953.63
EPS Growth
-----66.55%282.11%
Forward PE
38.245.196.148.0610.595.36
Dividend / Share
-0.450.910.950.312.80
Dividend Growth
--102.22%4.40%-67.37%803.23%
Free Cash Flow
-----212.00M
No. Analysts
-----2
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue20262027
High315.0M
Avg296.2M
Low277.3M

Revenue Growth

Revenue Growth20262027
High
1.5%
Avg
-4.5%
Low
-10.6%

EPS Forecast

EPS20262027
High4.15
Avg3.63
Low3.11

EPS Growth

EPS Growth20262027
High
336.8%
Avg
282.1%
Low
227.4%