
Ardmore Shipping (ASC) Stock Forecast & Price Target
Ardmore Shipping (ASC) Analyst Ratings
Bulls say
Ardmore Shipping Corp is poised for improved earnings due to anticipated increases in OPEC+ volumes and enhanced refinery profitability, which are expected to strengthen its earnings power in the near term. The delivery of three new vessels in the third quarter will expand the fleet to 25 ships, which includes 19 mid-size tankers, 2 Handysize tankers, and 4 chemical tankers, further supporting operational capacity and revenue generation. Additionally, the incorporation of these vessels is projected to positively impact the 2026 EPS estimate, reflecting an expected increase of $0.16 per share based on current market rates.
Bears say
The consensus earnings estimate of $0.14 for Ardmore Shipping Corp is viewed as too low and may be subject to revision, reflecting uncertainty in the company’s financial outlook. The potential fluctuations in oil volumes can lead to significant variability in charter rates, thus impacting revenue stability. Additionally, rising interest rates are likely to contribute to a decline in ship values, adding further pressure on the company's financial position.
This aggregate rating is based on analysts' research of Ardmore Shipping and is not a guaranteed prediction by Public.com or investment advice.
Ardmore Shipping (ASC) Analyst Forecast & Price Prediction
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