W&T Offshore, Inc. (WTI)
NYSE: WTI · Real-Time Price · USD
2.140
+0.050 (2.39%)
Nov 4, 2024, 4:00 PM EST - Market closed
W&T Offshore Stock Forecast
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 264.49% from the current stock price of 2.14.
Analyst Consensus: Strong Buy
* 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '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 |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $7.5 → $7.8 | Strong Buy | Maintains | $7.5 → $7.8 | +264.49% | Apr 23, 2024 |
| Stifel | Stifel | Strong Buy Maintains $7.6 → $7.9 | Strong Buy | Maintains | $7.6 → $7.9 | +269.16% | Jan 23, 2024 |
| Stifel | Stifel | Strong Buy Maintains $8.5 → $7.6 | Strong Buy | Maintains | $8.5 → $7.6 | +255.14% | Nov 27, 2023 |
| Stifel | Stifel | Strong Buy Maintains $7.9 → $8.3 | Strong Buy | Maintains | $7.9 → $8.3 | +287.85% | Aug 25, 2023 |
| Stifel | Stifel | Strong Buy Maintains $8.2 → $7.9 | Strong Buy | Maintains | $8.2 → $7.9 | +269.16% | May 30, 2023 |
Financial Forecast
Revenue This Year
541.92M
from 532.66M
Increased by 1.74%
Revenue Next Year
601.31M
from 541.92M
Increased by 10.96%
EPS This Year
-0.55
from 0.11
EPS Next Year
-0.39
from -0.55
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 580.8M | 651.0M | 580.7M |
| Avg | 541.9M | 601.3M | 558.5M |
| Low | 509.6M | 559.3M | 541.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.0% | 20.1% | -3.4% |
| Avg | 1.7% | 11.0% | -7.1% |
| Low | -4.3% | 3.2% | -9.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.57 | -0.38 | -0.01 |
| Avg | -0.55 | -0.39 | -0.01 |
| Low | -0.53 | -0.41 | -0.01 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.