W&T Offshore, Inc. (WTI)
NYSE: WTI · Real-Time Price · USD
1.440
+0.070 (5.11%)
At close: Dec 20, 2024, 4:00 PM
1.510
+0.070 (4.86%)
After-hours: Dec 20, 2024, 7:57 PM EST

W&T Offshore Stock Forecast

WTI's stock price has decreased by -55.96% 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 441.67% from the current stock price of 1.44.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $7.80 $7.80 $7.80 $7.80
Change +441.67% +441.67% +441.67% +441.67%
* 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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 111111
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 111111

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 +441.67% Apr 23, 2024
Stifel
Stifel
Strong Buy
Maintains
$7.6$7.9
Strong Buy Maintains $7.6$7.9 +448.61% Jan 23, 2024
Stifel
Stifel
Strong Buy
Maintains
$8.5$7.6
Strong Buy Maintains $8.5$7.6 +427.78% Nov 27, 2023
Stifel
Stifel
Strong Buy
Maintains
$7.9$8.3
Strong Buy Maintains $7.9$8.3 +476.39% Aug 25, 2023
Stifel
Stifel
Strong Buy
Maintains
$8.2$7.9
Strong Buy Maintains $8.2$7.9 +448.61% May 30, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
532.75M
from 532.66M
Increased by 0.02%
Revenue Next Year
595.05M
from 532.75M
Increased by 11.69%
EPS This Year
-0.69
from 0.11
EPS Next Year
-0.44
from -0.69
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
532.37M346.63M558.01M921.00M532.66M532.75M595.05M558.53M
Revenue Growth
-8.03%-34.89%60.98%65.05%-42.17%0.02%11.69%-6.14%
EPS
0.520.26-0.291.590.11-0.69-0.44-0.01
EPS Growth
-69.93%-49.73%---93.30%---
Forward PE
--------
No. Analysts -----332
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 561.7M 651.0M 580.7M
Avg 532.8M 595.1M 558.5M
Low 509.6M 547.2M 541.9M

Revenue Growth

Revenue Growth 202420252026
High
5.5%
22.2%
-2.4%
Avg
0.0%
11.7%
-6.1%
Low
-4.3%
2.7%
-8.9%

EPS Forecast

EPS 202420252026
High -0.71 -0.44 -0.01
Avg -0.69 -0.44 -0.01
Low -0.67 -0.45 -0.01

EPS Growth

EPS Growth 202420252026
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.