
Ardmore Shipping (ASC) Stock Forecast & Price Target
Ardmore Shipping (ASC) Analyst Ratings
Bulls say
Ardmore Shipping Corp's earnings power is projected to enhance due to anticipated increases in OPEC+ volumes and stronger refinery profitability in the near future. The delivery of three new ships is expected to positively impact the company's earnings, with an estimated rise of $0.16 per share in the 2026 EPS based on a market MR rate of $25,500 per day. Additionally, the expansion of its fleet to 25 vessels, including 19 MRs, 2 Handysize, and 4 chemical tankers, positions the company for greater operational efficiency and revenue generation.
Bears say
The outlook for Ardmore Shipping's stock is challenged by the volatility of charter rates, which are heavily dependent on fluctuations in oil volumes in the market, posing a risk to revenue stability. Additionally, the persistent environment of higher interest rates negatively impacts ship values, further compounding the company's financial challenges. These factors contribute to a lack of confidence in sustainable profitability, which may be reflected in the overall sentiment toward the company’s future performance.
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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