Golden Ocean Group Limited (GOGL)
NASDAQ: GOGL · Real-Time Price · USD
8.36
+0.22 (2.70%)
At close: Mar 28, 2025, 4:00 PM
8.41
+0.05 (0.60%)
After-hours: Mar 28, 2025, 7:27 PM EDT
Golden Ocean Group Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Golden Ocean Group stock have an average target of 11.25, with a low estimate of 10 and a high estimate of 12.5. The average target predicts an increase of 34.57% from the current stock price of 8.36.
Analyst Consensus: Hold
* Price targets were last updated on Feb 26, 2025.
Analyst Ratings
The average analyst rating for Golden Ocean Group stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 3 | 3 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 3 | 3 | 3 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $10 | Hold | Maintains | $10 | +19.62% | Feb 26, 2025 |
| Jefferies | Jefferies | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | +43.54% | Nov 27, 2024 |
| Pareto Securities | Pareto Securities | Strong Buy → Hold Downgrades $13 | Strong Buy → Hold | Downgrades | $13 | +49.52% | Nov 21, 2024 |
| Jefferies | Jefferies | Hold Maintains $16 → $15 | Hold | Maintains | $16 → $15 | +73.44% | Aug 28, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $16 | Strong Buy → Hold | Downgrades | $16 | +85.41% | May 22, 2024 |
Financial Forecast
Revenue This Year
751.02M
from 968.42M
Decreased by -22.45%
Revenue Next Year
878.10M
from 751.02M
Increased by 16.92%
EPS This Year
1.28
from 1.12
Increased by 14.50%
EPS Next Year
1.68
from 1.28
Increased by 31.72%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 891.5M | 1.0B | 1.0B |
| Avg | 751.0M | 878.1M | 921.6M |
| Low | 673.3M | 711.7M | 800.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -7.9% | 38.6% | 18.4% |
| Avg | -22.4% | 16.9% | 5.0% |
| Low | -30.5% | -5.2% | -8.8% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 1.79 | 2.55 |
| Avg | 1.28 | 1.68 |
| Low | 0.80 | 0.97 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 59.9% | 99.6% |
| Avg | 14.5% | 31.7% |
| Low | -28.0% | -24.4% |
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.