W&T Offshore, Inc. (WTI)
NYSE: WTI · IEX Real-Time Price · USD
2.280
+0.050 (2.24%)
At close: May 2, 2024, 4:00 PM
2.310
+0.030 (1.32%)
After-hours: May 2, 2024, 7:58 PM EDT
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 242.11% from the current stock price of 2.28.
Analyst Consensus: Strong Buy
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 |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $7.5 → $7.8 | Strong Buy | Maintains | $7.5 → $7.8 | +242.11% | Apr 23, 2024 |
| Stifel | Stifel | Strong Buy Maintains $7.6 → $7.9 | Strong Buy | Maintains | $7.6 → $7.9 | +246.49% | Jan 23, 2024 |
| Stifel | Stifel | Strong Buy Maintains $8.5 → $7.6 | Strong Buy | Maintains | $8.5 → $7.6 | +233.33% | Nov 27, 2023 |
| Stifel | Stifel | Strong Buy Maintains $7.9 → $8.3 | Strong Buy | Maintains | $7.9 → $8.3 | +264.04% | Aug 25, 2023 |
| Stifel | Stifel | Strong Buy Maintains $8.2 → $7.9 | Strong Buy | Maintains | $8.2 → $7.9 | +246.49% | May 30, 2023 |
Financial Forecast
Revenue This Year
596.47M
from 532.66M
Increased by 11.98%
Revenue Next Year
678.72M
from 596.47M
Increased by 13.79%
EPS This Year
0.20
from 0.11
Increased by 83.64%
EPS Next Year
0.20
from 0.20
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 643.7M | 705.6M |
| Avg | 596.5M | 678.7M |
| Low | 556.8M | 658.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 20.8% | 18.3% |
| Avg | 12.0% | 13.8% |
| Low | 4.5% | 10.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.21 | 0.21 |
| Avg | 0.20 | 0.20 |
| Low | 0.20 | 0.20 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 90.9% | 4.0% |
| Avg | 83.6% | - |
| Low | 78.2% | -3.0% |
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.