Sable Offshore Corp. (SOC)
NYSE: SOC · Real-Time Price · USD
23.14
+1.04 (4.70%)
Nov 21, 2024, 3:30 PM EST - Market open
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 8.04% from the current stock price of 23.14.
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 | Nov '24 |
|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 1 | 1 |
| Total | 1 | 2 | 2 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BWS Financial | BWS Financial | Strong Sell Maintains $6 | Strong Sell | Maintains | $6 | -74.07% | Nov 15, 2024 |
| BWS Financial | BWS Financial | Strong Sell Initiates $6 | Strong Sell | Initiates | $6 | -74.07% | Oct 8, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $37 | Strong Buy | Reiterates | $37 | +59.90% | Oct 7, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $24 → $37 | Strong Buy | Maintains | $24 → $37 | +59.90% | Sep 24, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $19 → $32 | Strong Buy | Maintains | $19 → $32 | +38.29% | Sep 4, 2024 |
Financial Forecast
Revenue This Year
95.24M
Revenue Next Year
672.49M
from 95.24M
Increased by 606.07%
EPS This Year
-4.79
from -1.78
EPS Next Year
2.33
from -4.79
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 149.9M | 729.2M | 856.8M |
| Avg | 95.2M | 672.5M | 760.7M |
| Low | 48.0M | 633.1M | 670.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 665.6% | 27.4% |
| Avg | - | 606.1% | 13.1% |
| Low | - | 564.7% | -0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -3.60 | 2.57 | 3.81 |
| Avg | -4.79 | 2.33 | 2.71 |
| Low | -6.09 | 2.06 | 1.13 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 63.9% |
| Avg | - | - | 16.4% |
| Low | - | - | -51.5% |
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.