Ardmore Shipping Corporation (ASC)

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 $20.15. The average 1-year stock price forecast is 25.94% higher than the current stock price, while the lowest is $19.3 (+20.63%) and the highest is $21 (+31.25%).

Price Target: $20.15 (+25.94%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$19.3	$20.15	$20.15	$21
Change	+20.63%	+25.94%	+25.94%	+31.25%

* Price targets were last updated on Apr 21, 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

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	2	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
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
Jonathan Chappell Evercore ISI	Evercore ISI	Buy Maintains $21 → $19	Buy	Maintains	$21 → $19	+18.75%	Apr 21, 2026

Financial Forecast

Revenue This Year

278.00M

Decreased by -10.38%

from 310.20M

Revenue Next Year

176.10M

Decreased by -36.65%

from 278.00M

EPS This Year

3.22

Increased by 265.91%

from 0.88

EPS Next Year

0.86

Decreased by -73.45%

from 3.22

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	192.48M	445.74M	395.98M	405.78M	310.20M	278.00M
Revenue Growth	-12.53%	131.57%	-11.16%	2.48%	-23.56%	-10.38%
Operating Income	-19.93M	159.45M	128.13M	128.29M	47.18M	137.85M
Net Income	-36.83M	138.45M	116.81M	133.01M	41.01M	131.85M
EPS	-1.12	3.52	2.71	3.06	0.88	3.22
EPS Growth	-	-	-23.01%	12.92%	-71.24%	265.91%
Forward PE	-	5.19	6.14	8.06	10.59	4.97
Dividend / Share	-	0.45	0.91	0.95	0.31	2.50
Dividend Growth	-	-	102.22%	4.40%	-67.37%	706.45%
Free Cash Flow	22.52M	70.06M	95.43M	58.30M	-36.89M	149.00M
No. Analysts	-	-	-	-	-	2

Revenue Forecast

Revenue	2026	2027
High	299.0M
Avg	278.0M
Low	257.0M

Revenue Growth

Revenue Growth	2026	2027
High	-3.6%
Avg	-10.4%
Low	-17.1%

EPS Forecast

EPS	2026	2027
High	3.74
Avg	3.22
Low	2.70

EPS Growth

EPS Growth	2026	2027
High	325.0%
Avg	265.9%
Low	206.8%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.