Frontline plc (FRO)
NYSE: FRO · Real-Time Price · USD
13.38
+0.04 (0.30%)
Dec 20, 2024, 4:00 PM EST - Market closed

Frontline Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Frontline stock have an average target of 26.06, with a low estimate of 20 and a high estimate of 32. The average target predicts an increase of 94.77% from the current stock price of 13.38.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $20 $26.06 $26 $32
Change +49.48% +94.77% +94.32% +139.16%

Analyst Ratings

The average analyst rating for Frontline stock from 5 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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 222333
Buy 111111
Hold 111111
Sell 000000
Strong Sell 000000
Total 444555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jefferies
Jefferies
Strong Buy
Maintains
$26$20
Strong Buy Maintains $26$20 +49.48% Dec 17, 2024
Jefferies
Jefferies
Strong Buy
Maintains
$26
Strong Buy Maintains $26 +94.32% Nov 27, 2024
Jefferies
Jefferies
Strong Buy
Maintains
$30$26
Strong Buy Maintains $30$26 +94.32% Nov 14, 2024
BTIG
BTIG
Strong Buy
Upgrades
$30
Strong Buy Upgrades $30 +124.22% Oct 7, 2024
Jefferies
Jefferies
Strong Buy
Maintains
$30
Strong Buy Maintains $30 +124.22% Aug 30, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.58B
from 1.80B
Decreased by -12.22%
Revenue Next Year
1.75B
from 1.58B
Increased by 10.62%
EPS This Year
1.94
from 2.95
Decreased by -34.27%
EPS Next Year
2.99
from 1.94
Increased by 54.40%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
956.63M1.22B749.38M1.43B1.80B1.58B1.75B1.80B
Revenue Growth
29.10%27.65%-38.64%90.85%26.01%-12.22%10.62%3.03%
EPS
0.782.09-0.082.222.951.942.993.16
EPS Growth
-167.95%--32.70%-34.27%54.40%5.61%
Forward PE
-----6.904.474.23
No. Analysts -----121210
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 2.2B 2.8B 2.8B
Avg 1.6B 1.8B 1.8B
Low 1.3B 1.3B 1.4B

Revenue Growth

Revenue Growth 2024202520262027
High
24.3%
75.7%
57.8%
Avg
-12.2%
10.6%
3.0%
Low
-29.8%
-19.6%
-20.6%

EPS Forecast

EPS 202420252026
High 2.42 3.89 3.93
Avg 1.94 2.99 3.16
Low 1.71 2.07 2.50

EPS Growth

EPS Growth 202420252026
High
-18.1%
100.5%
31.2%
Avg
-34.3%
54.4%
5.6%
Low
-42.2%
6.7%
-16.5%
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.