TORM plc (TRMD)
NASDAQ: TRMD · Real-Time Price · USD
31.29
-1.20 (-3.69%)
At close: May 22, 2026, 4:00 PM EDT
31.35
+0.06 (0.19%)
After-hours: May 22, 2026, 7:47 PM EDT
TORM plc Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for TORM plc stock have an average target of 35, which predicts a 11.86% increase from the current stock price of 31.29.
Price Target: $35 (+11.86%)
Analyst Consensus: Buy
* Price targets were last updated on Apr 22, 2026.
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '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 $36 → $35 | Buy | Maintains | $36 → $35 | +11.86% | Apr 22, 2026 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $28 → $34 | Buy | Maintains | $28 → $34 | +8.66% | Feb 27, 2026 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $25 → $23 | Buy | Maintains | $25 → $23 | -26.49% | Apr 22, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $45 → $48 | Buy | Maintains | $45 → $48 | +53.40% | Jul 23, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $42 → $44 | Buy | Maintains | $42 → $44 | +40.62% | Mar 8, 2024 |
Financial Forecast
Revenue This Year
1.10B
from 1.34B
Decreased by -17.88%
Revenue Next Year
806.95M
from 1.10B
Decreased by -26.64%
EPS This Year
4.11
from 2.85
Increased by 44.29%
EPS Next Year
1.67
from 4.11
Decreased by -59.30%
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% | -3.2% | |
| Avg | -17.9% | -26.6% | |
| Low | -44.9% | -66.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 7.53 | 4.35 | |
| Avg | 4.11 | 1.67 | |
| Low | 1.25 | -2.80 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 164.2% | 5.7% | |
| Avg | 44.3% | -59.3% | |
| Low | -56.0% | - |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.