Sable Offshore Corp. (SOC)
NYSE: SOC · Real-Time Price · USD
20.69
+0.10 (0.49%)
Oct 25, 2024, 4:00 PM EDT - Market closed
Sable Offshore Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Sable Offshore stock have an average target of 25, with a low estimate of 6.00 and a high estimate of 37. The average target predicts an increase of 20.83% from the current stock price of 20.69.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Sable Offshore stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 1 |
| Total | 1 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BWS Financial | BWS Financial | Strong Sell Initiates $6 | Strong Sell | Initiates | $6 | -71.00% | Oct 8, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $37 | Strong Buy | Reiterates | $37 | +78.83% | Oct 7, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $24 → $37 | Strong Buy | Maintains | $24 → $37 | +78.83% | Sep 24, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $19 → $32 | Strong Buy | Maintains | $19 → $32 | +54.66% | Sep 4, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $19 | Strong Buy | Initiates | $19 | -8.17% | Aug 13, 2024 |
Financial Forecast
Revenue This Year
110.50M
Revenue Next Year
670.39M
from 110.50M
Increased by 506.69%
EPS This Year
-2.76
from -1.78
EPS Next Year
3.24
from -2.76
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 149.9M | 729.2M | 797.6M |
| Avg | 110.5M | 670.4M | 756.3M |
| Low | 74.5M | 620.3M | 723.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 559.9% | 19.0% |
| Avg | - | 506.7% | 12.8% |
| Low | - | 461.4% | 7.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.31 | 4.05 | 4.67 |
| Avg | -2.76 | 3.24 | 4.16 |
| Low | -3.19 | 2.74 | 3.71 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 44.3% |
| Avg | - | - | 28.5% |
| Low | - | - | 14.6% |
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.