TORM plc Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, TORM plc stock has a consensus rating of "Buy" and an average price target of $34.5. The average 1-year stock price forecast is 13.49% higher than the current stock price, while the lowest is $34 (+11.84%) and the highest is $35 (+15.13%).

Price Target: $34.5 (+13.49%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$34	$34.5	$34.5	$35
Change	+11.84%	+13.49%	+13.49%	+15.13%

Analyst Ratings

The average analyst rating for TORM plc stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	1	1	1	1	1	1
Buy	1	1	1	1	0	0
Hold	0	0	0	0	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Axel Styrman Kepler Capital	Kepler Capital	Sell Maintains $17 → $21	Sell	Maintains	$17 → $21	-30.02%	May 14, 2026
Eirik Haavaldsen Pareto	Pareto	Hold Downgrades $34	Hold	Downgrades	$34	+13.08%	May 13, 2026
Jonathan Chappell Evercore ISI	Evercore ISI	Buy Maintains $36 → $35	Buy	Maintains	$36 → $35	+15.13%	Apr 21, 2026

Financial Forecast

Revenue This Year

1.50B

from 1.34B

11.76%

from 1.34B

Revenue Next Year

1.07B

from 1.50B

-28.41%

from 1.50B

EPS This Year

7.37

from 2.74

169.27%

from 2.74

EPS Next Year

3.46

from 7.37

-53.02%

from 7.37

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	619.53M	1.44B	1.52B	1.56B	1.34B	1.50B
Revenue Growth	-17.10%	132.98%	5.34%	2.55%	-14.09%	11.76%
Gross Profit	188.12M	781.80M	874.10M	895.60M	665.50M	1.10B
Gross Margin	30.37%	54.16%	57.49%	57.44%	49.68%	73.60%
Operating Income	6.15M	593.70M	648.20M	607.50M	337.30M	875.39M
Net Income	-42.09M	562.80M	648.30M	612.50M	285.30M	823.27M
EPS	-	-	-	-	2.74	7.37
EPS Growth	-	-	-	-	-54.33%	169.27%
Forward PE	-	-	-	-	-	4.12
Dividend / Share	-	4.63	5.78	5.10	2.12	5.08
Dividend Growth	-	-	24.84%	-11.76%	-58.43%	139.58%
Free Cash Flow	-268.05M	153.71M	29.09M	84.13M	67.71M	688.67M
No. Analysts	-	-	-	-	-	4

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	1.6B
Avg	1.5B
Low	1.4B

Revenue Growth

Revenue Growth	2026	2027	2028
High	21.5%
Avg	11.8%
Low	2.5%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	7.37
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	169.3%
Low	-