Nordic American Tankers (NAT) Stock Forecast, Price Target & Predictions


OverviewOwnershipChart

NAT Stock Forecast


Nordic American Tankers (NAT) stock forecast, based on 15 Wall Street analysts, predicts a 12-month average price target of $4.00, with a high of $4.00 and a low of $4.00. This represents a 47.06% increase from the last price of $2.72.

High: $4 Avg: $4 Low: $4 Last Closed Price: $2.72

NAT Stock Rating


Nordic American Tankers stock's rating consensus is Hold, based on 15 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (33.33%), 8 Hold (53.33%), 2 Sell (13.33%), and 0 Strong Sell (0.00%).

Hold
Total 15 0 2 8 5 Strong Sell Sell Hold Buy Strong Buy

NAT Price Target Upside V Benchmarks


TypeNameUpside
StockNordic American Tankers47.06%
SectorIndustrials Stocks 12.29%
IndustryMarine Shipping Stocks37.65%

Price Target Trends


1M3M12M
# Anlaysts--2
Avg Price Target--$4.00
Last Closing Price$2.72$2.72$2.72
Upside/Downside--47.06%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 25-12--3
May, 25-12--3
Apr, 25-22--4
Mar, 25-22--4
Feb, 25-22--4
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 04, 2024Omar NoktaJefferies$4.00$3.824.71%47.06%
Aug 30, 2024Jonathan ChappellEvercore ISI$4.00$3.659.59%47.06%
Mar 25, 2024Omar NoktaJefferies$5.50$3.9339.95%102.21%
Jun 06, 2023Omar NoktaJefferies$5.00$3.5740.06%83.82%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Sep 12, 2024JefferiesBuyHolddowngrade
Aug 23, 2024JefferiesBuyBuyhold
May 29, 2024JefferiesBuyBuyhold
Mar 25, 2024JefferiesBuyBuyhold
Feb 28, 2024B. Riley SecuritiesBuyBuyhold
Dec 08, 2023B. Riley SecuritiesBuyBuyhold
Aug 29, 2023B. Riley SecuritiesBuyBuyhold
Jun 06, 2023JefferiesBuyBuyhold
Apr 25, 2023B. Riley SecuritiesBuyBuyhold
Sep 06, 2022JefferiesBuyupgrade

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$0.34$-0.74$0.09$0.47----
Avg Forecast$0.36$-0.65$0.09$0.51$0.28$0.38$0.49$0.49
High Forecast$0.37$-0.63$0.10$0.52$0.34$0.45$0.59$0.59
Low Forecast$0.35$-0.66$0.09$0.49$0.23$0.31$0.40$0.40
Surprise %-5.56%13.85%--7.84%----

Revenue Forecast

$50M $120M $190M $260M $330M $400M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$354.62M$195.76M$339.34M$262.18M----
Avg Forecast$239.58M$71.35M$176.12M$270.86M$232.35M$268.55M$278.10M$291.50M
High Forecast$244.81M$72.90M$192.36M$273.22M$232.82M$288.13M$319.13M$297.75M
Low Forecast$235.07M$70.00M$167.74M$268.51M$231.89M$248.95M$237.06M$285.25M
Surprise %48.02%174.38%92.68%-3.21%----

Net Income Forecast

$-150M $-90M $-30M $30M $90M $150M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$50.03M$-119.48M$15.10M$98.71M----
Avg Forecast$40.46M$-101.68M$-112.50M$98.71M$62.85M$78.93M$107.59M$102.98M
High Forecast$63.08M$-81.34M$-90.00M$118.45M$70.68M$94.07M$122.77M$122.73M
Low Forecast$17.84M$-122.02M$-135.00M$78.97M$47.92M$63.79M$83.25M$83.22M
Surprise %23.67%17.51%-113.42%-----

NAT Forecast FAQ


Is Nordic American Tankers stock a buy?

Nordic American Tankers stock has a consensus rating of Hold, based on 15 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 5 Buy, 8 Hold, 2 Sell, and 0 Strong Sell, reflecting a consensus that Nordic American Tankers is a neutral investment for most analysts.

What is Nordic American Tankers's price target?

Nordic American Tankers's price target, set by 15 Wall Street analysts, averages $4 over the next 12 months. The price target range spans from $4 at the low end to $4 at the high end, suggesting a potential 47.06% change from the previous closing price of $2.72.

How does Nordic American Tankers stock forecast compare to its benchmarks?

Nordic American Tankers's stock forecast shows a 47.06% upside, outperforming the average forecast for the industrials stocks sector (12.29%) and outperforming the marine shipping stocks industry (37.65%).

What is the breakdown of analyst ratings for Nordic American Tankers over the past three months?

  • June 2025: 0% Strong Buy, 33.33% Buy, 66.67% Hold, 0% Sell, 0% Strong Sell.
  • May 2025: 0% Strong Buy, 33.33% Buy, 66.67% Hold, 0% Sell, 0% Strong Sell.
  • April 2025: 0% Strong Buy, 50.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.

What is Nordic American Tankers’s EPS forecast?

Nordic American Tankers's average annual EPS forecast for its fiscal year ending in December 2024 is $0.28, marking a -40.43% decrease from the reported $0.47 in 2023. Estimates for the following years are $0.38 in 2025, $0.49 in 2026, and $0.49 in 2027.

What is Nordic American Tankers’s revenue forecast?

Nordic American Tankers's average annual revenue forecast for its fiscal year ending in December 2024 is $232.35M, reflecting a -11.38% decrease from the reported $262.18M in 2023. The forecast for 2025 is $268.55M, followed by $278.1M for 2026, and $291.5M for 2027.

What is Nordic American Tankers’s net income forecast?

Nordic American Tankers's net income forecast for the fiscal year ending in December 2024 stands at $62.85M, representing a -36.33% decrease from the reported $98.71M in 2023. Projections indicate $78.93M in 2025, $107.59M in 2026, and $102.98M in 2027.