Performance Shipping Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Performance Shipping stock has a target of 6.50, which predicts an increase of 364.29% from the current stock price of 1.40.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$6.50	$6.50	$6.50	$6.50
Change	+364.29%	+364.29%	+364.29%	+364.29%

* Price targets were last updated on Jul 22, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Performance Shipping is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Feb '25	Mar '25	Apr '25
Strong Buy	1	1	1
Buy	0	0	0
Hold	0	0	0
Sell	0	0	0
Strong Sell	0	0	0
Total	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Poe Fratt Alliance Global Partners	Alliance Global Partners	Strong Buy Initiates $6.5	Strong Buy	Initiates	$6.5	+364.29%	Jul 22, 2024
Magnus Fyhr HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Initiates $165	Strong Buy	Initiates	$165	+11,685.71%	Mar 29, 2021

More Analyst Ratings

Financial Forecast

Revenue This Year

84.68M

from 87.45M

-3.16%

from 87.45M

Revenue Next Year

111.31M

from 84.68M

31.45%

from 84.68M

EPS This Year

0.90

from 1.11

-19.18%

from 1.11

EPS Next Year

1.19

from 0.90

32.29%

from 0.90

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	42.05M	36.49M	75.17M	108.94M	87.45M	84.68M	111.31M	134.13M
Revenue Growth	567.28%	-13.21%	106.00%	44.92%	-19.73%	-3.16%	31.45%	20.50%
EPS	15.74	-28.97	3.02	1.91	1.11	0.90	1.19	1.62
EPS Growth	-	-	-	-36.68%	-42.00%	-19.18%	32.29%	36.66%
Forward PE	-	-	-	-	-	1.56	1.18	0.86
No. Analysts	-	-	-	-	-	4	4	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	95.9M	123.2M	138.1M
Avg	84.7M	111.3M	134.1M
Low	73.2M	98.9M	128.9M

Revenue Growth

Revenue Growth	2025	2026	2027
High	9.6%	45.5%	24.0%
Avg	-3.2%	31.4%	20.5%
Low	-16.2%	16.8%	15.8%

EPS Forecast

EPS	2025	2026	2027
High	1.06	1.50	1.67
Avg	0.90	1.19	1.62
Low	0.73	0.88	1.56

EPS Growth

EPS Growth	2025	2026	2027
High	-4.5%	67.4%	40.7%
Avg	-19.2%	32.3%	36.7%
Low	-33.9%	-2.0%	31.3%

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.