W&T Offshore, Inc. (WTI)

W&T Offshore Stock Forecast

WTI's stock price has decreased by -51.67% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 1 analyst with a 12-month price forecast for W&T Offshore stock has a target of 7.80, which predicts an increase of 572.41% from the current stock price of 1.16.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$7.80	$7.80	$7.80	$7.80
Change	+572.41%	+572.41%	+572.41%	+572.41%

* Price targets were last updated on Apr 23, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for W&T Offshore is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
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
Derrick Whitfield Stifel	Stifel	Strong Buy Maintains $7.5 → $7.8	Strong Buy	Maintains	$7.5 → $7.8	+572.41%	Apr 23, 2024
Derrick Whitfield Stifel	Stifel	Strong Buy Maintains $7.6 → $7.9	Strong Buy	Maintains	$7.6 → $7.9	+581.03%	Jan 23, 2024
Derrick Whitfield Stifel	Stifel	Strong Buy Maintains $8.5 → $7.6	Strong Buy	Maintains	$8.5 → $7.6	+555.17%	Nov 27, 2023
Derrick Whitfield Stifel	Stifel	Strong Buy Maintains $7.9 → $8.3	Strong Buy	Maintains	$7.9 → $8.3	+615.52%	Aug 25, 2023
Derrick Whitfield Stifel	Stifel	Strong Buy Maintains $8.2 → $7.9	Strong Buy	Maintains	$8.2 → $7.9	+581.03%	May 30, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

559.00M

Increased by 6.42%

from 525.26M

Revenue Next Year

535.30M

Decreased by -4.24%

from 559.00M

EPS This Year

-0.51

from -0.59

EPS Next Year

-0.47

from -0.51

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	346.63M	558.01M	921.00M	532.66M	525.26M	559.00M	535.30M	506.01M
Revenue Growth	-34.89%	60.98%	65.05%	-42.17%	-1.39%	6.42%	-4.24%	-5.47%
EPS	0.26	-0.29	1.59	0.11	-0.59	-0.51	-0.47	-0.51
EPS Growth	-49.73%	-	-	-93.30%	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	4	2	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	588.4M	556.5M	526.1M
Avg	559.0M	535.3M	506.0M
Low	529.2M	519.4M	491.0M

Revenue Growth

Revenue Growth	2025	2026	2027
High	12.0%	-0.4%	-1.7%
Avg	6.4%	-4.2%	-5.5%
Low	0.7%	-7.1%	-8.3%

EPS Forecast

EPS	2025	2026	2027
High	-0.38	-0.49	-0.53
Avg	-0.51	-0.47	-0.51
Low	-0.65	-0.46	-0.49

EPS Growth

EPS Growth	2025	2026	2027
High	-	-	-
Avg	-	-	-
Low	-	-	-

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.