
Frontline (FRO) Stock Forecast & Price Target
Frontline (FRO) Analyst Ratings
Bulls say
Frontline PLC is positioned for significant growth, with guidance indicating a substantial increase in earnings for the fourth quarter, surpassing recent cyclical highs, which is likely to enhance shareholder dividends. The company's proactive debt management, through the prepayment of debt, is expected to substantially lower breakeven costs moving forward, contributing positively to financial stability. Additionally, the anticipated growth of the overall product tanker fleet by approximately 7% in 2026, coupled with strong medium-range tanker rates, further solidifies Frontline's advantageous market position.
Bears say
Frontline PLC's recent earnings report disclosed an adjusted EPS of $0.19 for the third quarter, significantly below the consensus estimate of $0.25, indicating a shortfall in revenue generation and overall financial performance. Additionally, the company's EBITDA of $179 million did not meet expectations, further highlighting potential operational weaknesses amid a stagnant crude tanker fleet and declining activity levels. The outlook is exacerbated by a flat value trend for secondhand LR2 vessels, coupled with anticipated increases in newbuild deliveries over the next two years, suggesting challenges in maintaining vessel asset values and profitability.
This aggregate rating is based on analysts' research of Frontline and is not a guaranteed prediction by Public.com or investment advice.
Frontline (FRO) Analyst Forecast & Price Prediction
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