Golden Ocean Group Limited (GOGL)
NASDAQ: GOGL · Real-Time Price · USD
8.35
+0.18 (2.20%)
Jul 22, 2025, 10:06 AM - Market open
Golden Ocean Group Stock Forecast
Stock Price Forecast
The 2 analysts that cover Golden Ocean Group stock have a consensus rating of "Hold" and an average price target of $10.25, which forecasts a 22.9% increase in the stock price over the next year. The lowest target is $8 and the highest is $12.5.
Price Target: $10.25 (+22.9%)
Analyst Consensus: Hold
* Price targets were last updated on Apr 23, 2025.
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 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| 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 |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $10 → $8 | Hold | Maintains | $10 → $8 | -4.19% | Apr 23, 2025 |
| Jefferies | Jefferies | Hold Maintains $10 | Hold | Maintains | $10 | +19.76% | Feb 26, 2025 |
| Jefferies | Jefferies | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | +43.71% | Nov 27, 2024 |
| Pareto Securities | Pareto Securities | Strong Buy → Hold Downgrades $13 | Strong Buy → Hold | Downgrades | $13 | +49.70% | Nov 21, 2024 |
| Jefferies | Jefferies | Hold Maintains $16 → $15 | Hold | Maintains | $16 → $15 | +73.65% | Aug 28, 2024 |
Financial Forecast
Revenue This Year
678.29M
from 968.42M
Decreased by -29.96%
Revenue Next Year
753.53M
from 678.29M
Increased by 11.09%
EPS This Year
0.53
from 1.12
Decreased by -52.95%
EPS Next Year
1.05
from 0.53
Increased by 99.35%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 803.3M | 860.0M | 795.9M |
| Avg | 678.3M | 753.5M | 749.7M |
| Low | 593.8M | 641.9M | 697.8M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -17.1% | 26.8% | 5.6% |
| Avg | -30.0% | 11.1% | -0.5% |
| Low | -38.7% | -5.4% | -7.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.56 | 1.16 | 0.74 |
| Avg | 0.53 | 1.05 | 0.71 |
| Low | 0.49 | 0.95 | 0.69 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -50.2% | 119.9% | -29.8% |
| Avg | -53.0% | 99.4% | -31.8% |
| Low | -56.1% | 81.0% | -34.5% |
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.