TORM plc (TRMD)
NASDAQ: TRMD · Real-Time Price · USD
29.32
-0.47 (-1.58%)
At close: Apr 10, 2026, 4:00 PM EDT
29.40
+0.08 (0.27%)
After-hours: Apr 10, 2026, 6:26 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 15.96% increase from the current stock price of 29.32.
Price Target: $34 (+15.96%)
Analyst Consensus: Buy
* Price targets were last updated on Feb 27, 2026.
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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '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 | +15.96% | Feb 27, 2026 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $25 → $23 | Buy | Maintains | $25 → $23 | -21.56% | Apr 22, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $45 → $48 | Buy | Maintains | $45 → $48 | +63.71% | Jul 23, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $42 → $44 | Buy | Maintains | $42 → $44 | +50.07% | Mar 8, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $14 → $16 | Strong Buy | Maintains | $14 → $16 | -45.43% | May 12, 2022 |
Financial Forecast
Revenue This Year
1.08B
from 1.34B
Decreased by -19.75%
Revenue Next Year
806.95M
from 1.08B
Decreased by -24.93%
EPS This Year
3.88
from 2.85
Increased by 35.98%
EPS Next Year
1.68
from 3.88
Decreased by -56.74%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.4B | 1.1B | |
| Avg | 1.1B | 807.0M | |
| Low | 737.6M | 365.5M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 4.4% | -0.9% | |
| Avg | -19.7% | -24.9% | |
| Low | -44.9% | -66.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 7.53 | 4.35 | |
| Avg | 3.88 | 1.68 | |
| Low | 1.25 | -2.80 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 164.2% | 12.2% | |
| Avg | 36.0% | -56.7% | |
| Low | -56.0% | - |
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.