TORM plc (TRMD)
NASDAQ: TRMD · Real-Time Price · USD
30.90
-0.04 (-0.13%)
At close: Mar 3, 2026, 4:00 PM EST
31.00
+0.10 (0.32%)
After-hours: Mar 3, 2026, 6:32 PM EST
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 10.03% increase from the current stock price of 30.9.
Price Target: $34 (+10.03%)
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 | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '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 | +10.03% | Feb 27, 2026 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $25 → $23 | Buy | Maintains | $25 → $23 | -25.57% | Apr 22, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $45 → $48 | Buy | Maintains | $45 → $48 | +55.34% | Jul 23, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $42 → $44 | Buy | Maintains | $42 → $44 | +42.39% | Mar 8, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $14 → $16 | Strong Buy | Maintains | $14 → $16 | -48.22% | May 12, 2022 |
Financial Forecast
Revenue This Year
847.32M
from 1.34B
Decreased by -36.74%
Revenue Next Year
678.68M
from 847.32M
Decreased by -19.90%
EPS This Year
1.30
from 2.85
Decreased by -54.23%
EPS Next Year
0.55
from 1.30
Decreased by -57.73%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.3B | 914.6M | |
| Avg | 847.3M | 678.7M | |
| Low | 449.8M | 361.6M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -4.1% | 7.9% | |
| Avg | -36.7% | -19.9% | |
| Low | -66.4% | -57.3% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.91 | 2.67 | |
| Avg | 1.30 | 0.55 | |
| Low | -1.45 | -2.33 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.1% | 104.4% | |
| Avg | -54.2% | -57.7% | |
| 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.