Ardmore Shipping Corporation (ASC)
NYSE: ASC · Real-Time Price · USD
16.71
-0.31 (-1.82%)
Aug 7, 2026, 4:00 PM EDT - Market closed

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 $20.5. The average 1-year stock price forecast is 22.68% higher than the current stock price, while the lowest is $20 (+19.69%) and the highest is $21 (+25.67%).

Price Target: $20.5 (+22.68%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$20$20.5$20.5$21
Change+19.69%+22.68%+22.68%+25.67%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy222222
Buy000000
Hold000000
Sell000000
Strong Sell000000
Total222222

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Evercore ISI
Evercore ISI
Buy
Maintains
$21
BuyMaintains$21+25.67%Jul 22, 2026

Financial Forecast

Revenue This Year
267.65M
from 310.20M
Decreased by -13.72%
Revenue Next Year
175.70M
from 267.65M
Decreased by -34.35%
EPS This Year
2.91
from 0.95
Increased by 205.79%
EPS Next Year
1.64
from 2.91
Decreased by -43.55%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
192.48M445.74M395.98M405.78M310.20M267.65M
Revenue Growth
-12.53%131.57%-11.16%2.48%-23.56%-13.72%
Operating Income
-19.93M159.45M128.13M128.29M47.18M125.20M
Net Income
-36.83M138.45M116.81M133.01M41.01M124.75M
EPS
----0.952.91
EPS Growth
-----66.55%205.79%
Forward PE
38.245.196.148.0610.595.75
Dividend / Share
-0.450.910.950.312.16
Dividend Growth
--102.22%4.40%-67.37%595.16%
Free Cash Flow
22.52M70.06M95.43M58.30M-36.89M115.00M
No. Analysts
-----2
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue20262027
High277.3M
Avg267.7M
Low258.0M

Revenue Growth

Revenue Growth20262027
High
-10.6%
Avg
-13.7%
Low
-16.8%

EPS Forecast

EPS20262027
High3.11
Avg2.91
Low2.70

EPS Growth

EPS Growth20262027
High
227.4%
Avg
205.8%
Low
184.2%