Star Bulk Carriers Corp. (SBLK)
NASDAQ: SBLK · IEX Real-Time Price · USD
23.06
-0.43 (-1.83%)
Apr 19, 2024, 3:32 PM EDT - Market open
Star Bulk Carriers Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Star Bulk Carriers stock have an average target of 53.5, with a low estimate of 24 and a high estimate of 83. The average target predicts an increase of 132.00% from the current stock price of 23.06.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 14, 2024.
Analyst Ratings
The average analyst rating for SBLK stock from 2 stock analysts 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $76 → $83 | Strong Buy | Maintains | $76 → $83 | +259.93% | Feb 14, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $22 → $24 | Strong Buy | Maintains | $22 → $24 | +4.08% | Nov 30, 2023 |
| Jefferies | Jefferies | Strong Buy Reiterates $22 | Strong Buy | Reiterates | $22 | -4.60% | Nov 14, 2023 |
| Stifel | Stifel | Strong Buy Maintains $30 → $25 | Strong Buy | Maintains | $30 → $25 | +8.41% | Oct 19, 2023 |
| Jefferies | Jefferies | Strong Buy Reiterates $22 | Strong Buy | Reiterates | $22 | -4.60% | Aug 4, 2023 |
Financial Forecast
Revenue This Year
896.70M
from 949.27M
Decreased by -5.54%
Revenue Next Year
1.04B
from 896.70M
Increased by 16.20%
EPS This Year
4.24
from 1.75
Increased by 142.03%
EPS Next Year
5.19
from 4.24
Increased by 22.46%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.1B | 1.4B | 1.1B |
| Avg | 896.7M | 1.0B | 1.1B |
| Low | 740.9M | 712.5M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.3% | 53.7% | 8.2% |
| Avg | -5.5% | 16.2% | 5.0% |
| Low | -22.0% | -20.5% | 1.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.92 | 5.60 | 6.67 |
| Avg | 4.24 | 5.19 | 6.48 |
| Low | 3.35 | 4.66 | 6.22 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 181.4% | 32.1% | 28.5% |
| Avg | 142.0% | 22.5% | 24.9% |
| Low | 91.5% | 10.1% | 20.0% |
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.