TORM plc (TRMD)
NASDAQ: TRMD · Real-Time Price · USD
16.87
-0.10 (-0.56%)
At close: Mar 28, 2025, 4:00 PM
16.45
-0.42 (-2.49%)
Pre-market: Mar 31, 2025, 7:47 AM 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 48, which predicts an increase of 184.53% from the current stock price of 16.87.

Analyst Consensus: Buy
Target Low Average Median High
Price $48 $48 $48 $48
Change +184.53% +184.53% +184.53% +184.53%
* Price targets were last updated on Jul 23, 2024.

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 '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 00000
Buy 11111
Hold 00000
Sell 00000
Strong Sell 00000
Total 11111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$45$48
Buy Maintains $45$48 +184.53% Jul 23, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$42$44
Buy Maintains $42$44 +160.82% Mar 8, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$14$16
Strong Buy Maintains $14$16 -5.16% May 12, 2022
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Initiates
$14
Strong Buy Initiates $14 -17.01% Apr 12, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
1.15B
from 1.56B
Decreased by -26.12%
Revenue Next Year
1.04B
from 1.15B
Decreased by -9.90%
EPS This Year
3.43
from 6.36
Decreased by -46.05%
EPS Next Year
3.90
from 3.43
Increased by 13.77%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
747.36M619.53M1.44B1.52B1.56B1.15B1.04B-
Revenue Growth
7.90%-17.10%132.98%5.34%2.55%-26.12%-9.90%-
EPS
1.19-0.546.807.486.363.433.904.07
EPS Growth
-47.06%--10.00%-14.97%-46.05%13.77%4.27%
Forward PE
-----4.924.324.14
No. Analysts -----882
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026
High 1.7B 1.6B
Avg 1.2B 1.0B
Low 779.1M 673.4M

Revenue Growth

Revenue Growth 20252026
High
10.4%
41.0%
Avg
-26.1%
-9.9%
Low
-50.0%
-41.5%

EPS Forecast

EPS 202520262027
High 5.95 5.07 4.23
Avg 3.43 3.90 4.07
Low 1.88 2.00 3.95

EPS Growth

EPS Growth 202520262027
High
-6.4%
47.8%
8.4%
Avg
-46.1%
13.8%
4.3%
Low
-70.4%
-41.7%
1.2%
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.