Golden Ocean Group Limited (GOGL)
NASDAQ: GOGL · Real-Time Price · USD
8.07
+0.12 (1.51%)
At close: May 14, 2025, 4:00 PM
8.08
+0.01 (0.12%)
After-hours: May 14, 2025, 4:07 PM EDT
Golden Ocean Group Stock Forecast
Stock Price Forecast
According to 2 professional analysts, the 12-month price target for Golden Ocean Group stock ranges from a low of $8.00 to a high of $12.5. The average analyst price target of $10.25 forecasts a 27.01% increase in the stock price over the next year.
Price Target: $10.25 (+27.01%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Golden Ocean Group stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $10 → $8 | Hold | Maintains | $10 → $8 | -0.87% | Apr 23, 2025 |
| Jefferies | Jefferies | Hold Maintains $10 | Hold | Maintains | $10 | +23.92% | Feb 26, 2025 |
| Jefferies | Jefferies | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | +48.70% | Nov 27, 2024 |
| Pareto Securities | Pareto Securities | Strong Buy → Hold Downgrades $13 | Strong Buy → Hold | Downgrades | $13 | +54.89% | Nov 21, 2024 |
| Jefferies | Jefferies | Hold Maintains $16 → $15 | Hold | Maintains | $16 → $15 | +79.68% | Aug 28, 2024 |
Financial Forecast
Revenue This Year
735.39M
from 968.42M
Decreased by -24.06%
Revenue Next Year
855.98M
from 735.39M
Increased by 16.40%
EPS This Year
0.86
from 1.12
Decreased by -23.26%
EPS Next Year
1.42
from 0.86
Increased by 65.68%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 795.9M | 994.4M | 1.0B |
| Avg | 735.4M | 856.0M | 921.6M |
| Low | 673.3M | 711.7M | 800.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -17.8% | 35.2% | 21.5% |
| Avg | -24.1% | 16.4% | 7.7% |
| Low | -30.5% | -3.2% | -6.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.11 | 2.32 | 2.67 |
| Avg | 0.86 | 1.42 | 1.98 |
| Low | 0.59 | 0.99 | 1.31 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -0.3% | 170.8% | 87.9% |
| Avg | -23.3% | 65.7% | 39.2% |
| Low | -47.3% | 15.5% | -7.9% |
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.