
Teekay Tankers (TNK) Stock Forecast & Price Target
Teekay Tankers (TNK) Analyst Ratings
Bulls say
Teekay Tankers Ltd has demonstrated a robust financial outlook, with a projected increase in earnings per share (EPS) rising to $10.90 in 2026, driven by strong spot rates averaging $45,000/day. Recent trends indicate a significant uptick in earnings and cash flow, particularly in the fourth quarter, as spot rates for Suezmaxes have surged past $65,000/day, suggesting positive revisions for upcoming earnings estimates. The company maintains a favorable valuation, trading at about 90% of net asset value (NAV) and reported a cash balance of $775 million, indicating strong liquidity and positioning for sustained financial growth.
Bears say
Teekay Tankers Ltd faces a negative outlook primarily due to volatility in charter rates that could arise from fluctuations in oil volumes, which can significantly impact the company's revenue. The company's valuation is concerning as it trades below its net asset value and has a lower price-to-earnings ratio compared to its peers, suggesting that the market currently assigns little value to its growth potential or management's acquisition strategies. Additionally, the adjusted EBITDA of $64.3 million was in line with consensus but fell short of prior forecasts, indicating potentially weaker operational performance than anticipated.
This aggregate rating is based on analysts' research of Teekay Tankers and is not a guaranteed prediction by Public.com or investment advice.
Teekay Tankers (TNK) Analyst Forecast & Price Prediction
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