TORM plc (TRMD)
NASDAQ: TRMD · Real-Time Price · USD
26.61
+0.90 (3.50%)
At close: Mar 23, 2026, 4:00 PM EDT
26.68
+0.07 (0.27%)
After-hours: Mar 23, 2026, 7:56 PM EDT
TORM plc Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for TORM plc stock has a target of 34, which predicts a 27.77% increase from the current stock price of 26.61.
Price Target: $34 (+27.77%)
Analyst Consensus: Buy
Analyst Ratings
According to 1 stock analyst, the rating for TORM plc is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $28 → $34 | Buy | Maintains | $28 → $34 | +27.77% | Feb 27, 2026 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $25 → $23 | Buy | Maintains | $25 → $23 | -13.57% | Apr 22, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $45 → $48 | Buy | Maintains | $45 → $48 | +80.38% | Jul 23, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $42 → $44 | Buy | Maintains | $42 → $44 | +65.35% | Mar 8, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $14 → $16 | Strong Buy | Maintains | $14 → $16 | -39.87% | May 12, 2022 |
Financial Forecast
Revenue This Year
920.60M
from 1.34B
Decreased by -31.27%
Revenue Next Year
744.93M
from 920.60M
Decreased by -19.08%
EPS This Year
1.71
from 2.85
Decreased by -39.99%
EPS Next Year
0.99
from 1.71
Decreased by -42.22%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.3B | 984.9M | |
| Avg | 920.6M | 744.9M | |
| Low | 449.8M | 362.6M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -4.1% | 7.0% | |
| Avg | -31.3% | -19.1% | |
| Low | -66.4% | -60.6% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 4.01 | 2.84 | |
| Avg | 1.71 | 0.99 | |
| Low | -1.45 | -2.33 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 40.7% | 65.8% | |
| Avg | -40.0% | -42.2% | |
| Low | - | - |
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.