TORM plc (TRMD)
NASDAQ: TRMD · Real-Time Price · USD
17.64
-0.23 (-1.29%)
At close: Jul 18, 2025, 4:00 PM
17.71
+0.07 (0.40%)
After-hours: Jul 18, 2025, 7:54 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 23, which predicts a 30.39% increase from the current stock price of 17.64.

Price Target: $23 (+30.39%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$23$23$23$23
Change+30.39%+30.39%+30.39%+30.39%
* Price targets were last updated on Apr 22, 2025.

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

RatingFeb '25Mar '25Apr '25May '25Jun '25Jul '25
Strong Buy000000
Buy111111
Hold000000
Sell000000
Strong Sell000000
Total111111

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$25$23
BuyMaintains$25$23+30.39%Apr 22, 2025
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$45$48
BuyMaintains$45$48+172.11%Jul 23, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$42$44
BuyMaintains$42$44+149.43%Mar 8, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$14$16
Strong BuyMaintains$14$16-9.30%May 12, 2022
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Initiates
$14
Strong BuyInitiates$14-20.63%Apr 12, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
986.82M
from 1.56B
Decreased by -36.71%
Revenue Next Year
838.92M
from 986.82M
Decreased by -14.99%
EPS This Year
3.06
from 6.36
Decreased by -51.90%
EPS Next Year
2.82
from 3.06
Decreased by -7.71%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
747.36M619.53M1.44B1.52B1.56B986.82M838.92M660.54M
Revenue Growth
7.90%-17.10%132.98%5.34%2.55%-36.71%-14.99%-21.26%
EPS
1.19-0.546.807.486.363.062.820.85
EPS Growth
-47.06%--10.00%-14.97%-51.90%-7.71%-69.77%
Forward PE
-----5.776.2520.67
No. Analysts
-----883
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue202520262027
High1.4B1.1B989.1M
Avg986.8M838.9M660.5M
Low647.8M416.5M358.7M

Revenue Growth

Revenue Growth202520262027
High
-10.7%
9.2%
17.9%
Avg
-36.7%
-15.0%
-21.3%
Low
-58.5%
-57.8%
-57.2%

EPS Forecast

EPS202520262027
High5.955.074.23
Avg3.062.820.85
Low0.72-1.71-2.29

EPS Growth

EPS Growth202520262027
High
-6.4%
65.8%
49.9%
Avg
-51.9%
-7.7%
-69.8%
Low
-88.8%
--
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.