Frontline plc (FRO)
NYSE: FRO · Real-Time Price · USD
19.54
-0.72 (-3.56%)
Nov 21, 2024, 12:39 PM EST - Market open

Frontline Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Frontline stock have an average target of 27.26, with a low estimate of 22.3 and a high estimate of 32. The average target predicts an increase of 39.51% from the current stock price of 19.54.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $22.3 $27.26 $26 $32
Change +14.12% +39.51% +33.06% +63.77%

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 222233
Buy 011111
Hold 111111
Sell 000000
Strong Sell 000000
Total 344455

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jefferies
Jefferies
Strong Buy
Maintains
$30$26
Strong Buy Maintains $30$26 +33.06% Nov 14, 2024
BTIG
BTIG
Strong Buy
Upgrades
$30
Strong Buy Upgrades $30 +53.53% Oct 7, 2024
Jefferies
Jefferies
Strong Buy
Maintains
$30
Strong Buy Maintains $30 +53.53% Aug 30, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$33$32
Buy Maintains $33$32 +63.77% Jul 23, 2024
Jefferies
Jefferies
Strong Buy
Maintains
$30
Strong Buy Maintains $30 +53.53% May 30, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.76B
from 1.80B
Decreased by -2.17%
Revenue Next Year
1.93B
from 1.76B
Increased by 9.30%
EPS This Year
2.66
from 2.95
Decreased by -9.83%
EPS Next Year
3.63
from 2.66
Increased by 36.70%
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
956.63M1.22B749.38M1.43B1.80B1.76B1.93B1.90B
Revenue Growth
29.10%27.65%-38.64%90.85%26.01%-2.17%9.30%-1.66%
EPS
0.782.09-0.082.222.952.663.633.57
EPS Growth
-167.95%--32.70%-9.83%36.70%-1.71%
Forward PE
-----7.355.385.47
No. Analysts -----12129
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 2.4B 2.8B 2.7B
Avg 1.8B 1.9B 1.9B
Low 1.3B 1.4B 1.4B

Revenue Growth

Revenue Growth 2024202520262027
High
33.1%
58.0%
39.1%
Avg
-2.2%
9.3%
-1.7%
Low
-25.6%
-18.8%
-27.9%

EPS Forecast

EPS 2024202520262027
High 3.68 6.46 6.47
Avg 2.66 3.63 3.57
Low 2.14 2.79 2.52

EPS Growth

EPS Growth 2024202520262027
High
24.6%
142.9%
77.9%
Avg
-9.8%
36.7%
-1.7%
Low
-27.5%
5.0%
-30.7%
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.