Danaos (DAC) Stock Forecast, Price Target & Predictions
DAC Stock Forecast
Danaos stock forecast is as follows: an average price target of $105.00 (represents a 22.99% upside from DAC’s last price of $85.37) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
DAC Price Target
The average price target for Danaos (DAC) is $105.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $105.00 to $105.00. This represents a potential 22.99% upside from DAC's last price of $85.37.
DAC Analyst Ratings
According to 1 Wall Street analysts, Danaos's rating consensus is 'Buy'. The analyst rating breakdown for DAC stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Danaos Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 28, 2024 | Omar Nokta | Jefferies | $105.00 | $88.01 | 19.30% | 22.99% |
The latest Danaos stock forecast, released on May 28, 2024 by Omar Nokta from Jefferies, set a price target of $105.00, which represents a 19.30% increase from the stock price at the time of the forecast ($88.01), and a 22.99% increase from DAC last price ($85.37).
Danaos Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $105.00 |
| Last Closing Price | $85.37 | $85.37 | $85.37 |
| Upside/Downside | -100.00% | -100.00% | 22.99% |
In the current month, the average price target of Danaos stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Danaos's last price of $85.37. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 28, 2024 | Jefferies | Buy | Buy | Hold |
Danaos's last stock rating was published by Jefferies on May 28, 2024. The company gave DAC a "Buy" rating, the same as its previous rate.
Danaos Financial Forecast
Danaos Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $243.57M | $252.48M | $260.04M | $250.92M | $229.90M | $215.04M | $195.91M | $146.43M | $132.12M | $119.64M | $118.93M |
| Avg Forecast | $265.77M | $265.02M | $264.27M | $263.52M | $190.41M | $190.79M | $189.01M | $193.52M | $251.00M | $255.00M | $254.00M | $246.00M | $257.56M | $247.08M | $237.91M | $248.00M | $245.69M | $234.30M | $227.38M | $209.71M | $242.85M | $238.60M | $205.97M | $205.93M | $202.34M | $166.03M | $143.87M | $135.31M | $115.48M | $115.38M |
| High Forecast | $265.77M | $265.02M | $264.27M | $263.52M | $190.41M | $190.79M | $189.01M | $193.52M | $251.00M | $255.00M | $254.00M | $246.00M | $257.56M | $248.01M | $238.70M | $248.00M | $245.69M | $245.40M | $227.38M | $209.71M | $242.85M | $238.60M | $205.97M | $205.93M | $202.34M | $166.03M | $143.87M | $135.31M | $115.48M | $115.38M |
| Low Forecast | $265.77M | $265.02M | $264.27M | $263.52M | $190.41M | $190.79M | $189.01M | $193.52M | $251.00M | $255.00M | $254.00M | $246.00M | $257.56M | $246.15M | $237.13M | $248.00M | $245.69M | $223.19M | $227.38M | $209.71M | $242.85M | $238.60M | $205.97M | $205.93M | $202.34M | $166.03M | $143.87M | $135.31M | $115.48M | $115.38M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | 1.04% | 1.09% | 1.22% | 1.12% | 1.06% | 1.18% | 1.02% | 0.98% | 1.04% | 1.03% |
Danaos's average Quarter revenue forecast for Jun 23 based on 1 analysts is $227.38M, with a low forecast of $227.38M, and a high forecast of $227.38M. DAC's average Quarter revenue forecast represents a -6.65% decrease compared to the company's last Quarter revenue of $243.57M (Mar 23).
Danaos EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $177.17M | $170.55M | $187.98M | $175.00M | $156.68M | $199.29M | $257.01M | $417.14M | $337.69M | $80.74M | $80.46M |
| Avg Forecast | $190.40M | $189.86M | $189.33M | $188.79M | $136.41M | $136.68M | $135.41M | $138.64M | $179.82M | $182.69M | $181.97M | $176.24M | $184.52M | $177.01M | $170.45M | $177.67M | $176.01M | $167.85M | $162.90M | $150.24M | $235.76M | $169.93M | $146.69M | $146.66M | $144.10M | $118.24M | $102.46M | $96.36M | $82.24M | $82.17M |
| High Forecast | $190.40M | $189.86M | $189.33M | $188.79M | $136.41M | $136.68M | $135.41M | $138.64M | $179.82M | $182.69M | $181.97M | $176.24M | $184.52M | $177.68M | $171.01M | $177.67M | $176.01M | $175.81M | $162.90M | $150.24M | $282.92M | $169.93M | $146.69M | $146.66M | $144.10M | $118.24M | $102.46M | $96.36M | $82.24M | $82.17M |
| Low Forecast | $190.40M | $189.86M | $189.33M | $188.79M | $136.41M | $136.68M | $135.41M | $138.64M | $179.82M | $182.69M | $181.97M | $176.24M | $184.52M | $176.34M | $169.88M | $177.67M | $176.01M | $159.89M | $162.90M | $150.24M | $188.61M | $169.93M | $146.69M | $146.66M | $144.10M | $118.24M | $102.46M | $96.36M | $82.24M | $82.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.18% | 0.72% | 1.11% | 1.19% | 1.07% | 1.38% | 2.17% | 4.07% | 3.50% | 0.98% | 0.98% |
1 analysts predict DAC's average Quarter EBITDA for Jun 23 to be $162.90M, with a high of $162.90M and a low of $162.90M. This is -8.06% lower than Danaos's previous annual EBITDA (Mar 23) of $177.17M.
Danaos Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $146.20M | $152.72M | $66.80M | $8.22M | $331.46M | $154.30M | $217.23M | $372.84M | $296.78M | $43.18M | $42.79M |
| Avg Forecast | $96.09M | $103.97M | $104.54M | $110.85M | $122.08M | $124.74M | $128.52M | $133.51M | $138.51M | $144.47M | $140.84M | $135.50M | $139.51M | $132.27M | $134.96M | $290.45M | $151.94M | $143.65M | $135.16M | $264.05M | $179.86M | $141.68M | $110.82M | $240.04M | $102.77M | $71.67M | $64.16M | $303.94M | $44.31M | $36.31M |
| High Forecast | $96.09M | $103.97M | $104.54M | $110.85M | $122.08M | $124.74M | $128.52M | $133.51M | $138.51M | $144.47M | $140.84M | $135.50M | $139.51M | $138.57M | $138.48M | $348.54M | $151.94M | $148.50M | $135.16M | $316.86M | $215.83M | $141.68M | $110.82M | $288.05M | $102.77M | $71.67M | $64.16M | $364.73M | $44.31M | $36.31M |
| Low Forecast | $96.09M | $103.97M | $104.54M | $110.85M | $122.08M | $124.74M | $128.52M | $133.51M | $138.51M | $144.47M | $140.84M | $135.50M | $139.51M | $125.97M | $131.44M | $232.36M | $151.94M | $138.98M | $135.16M | $211.24M | $143.89M | $141.68M | $110.82M | $192.04M | $102.77M | $71.67M | $64.16M | $243.15M | $44.31M | $36.31M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.55% | 0.85% | 0.47% | 0.07% | 1.38% | 1.50% | 3.03% | 5.81% | 0.98% | 0.97% | 1.18% |
Danaos's average Quarter net income forecast for Jun 23 is $135.16M, with a range of $135.16M to $135.16M. DAC's average Quarter net income forecast represents a -7.56% decrease compared to the company's last Quarter net income of $146.20M (Mar 23).
Danaos SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.84M | $5.88M | $10.24M | $10.34M | $10.11M | $18.58M | $7.34M | $7.13M | $10.89M | $6.44M | $6.05M |
| Avg Forecast | $16.86M | $16.81M | $16.76M | $16.72M | $12.08M | $12.10M | $11.99M | $12.27M | $15.92M | $16.17M | $16.11M | $15.60M | $16.34M | $15.67M | $15.09M | $6.48M | $15.58M | $14.86M | $14.42M | $5.89M | $20.14M | $15.13M | $13.06M | $5.35M | $12.83M | $10.53M | $9.13M | $11.16M | $7.32M | $7.32M |
| High Forecast | $16.86M | $16.81M | $16.76M | $16.72M | $12.08M | $12.10M | $11.99M | $12.27M | $15.92M | $16.17M | $16.11M | $15.60M | $16.34M | $15.73M | $15.14M | $7.77M | $15.58M | $15.57M | $14.42M | $7.07M | $24.16M | $15.13M | $13.06M | $6.42M | $12.83M | $10.53M | $9.13M | $13.39M | $7.32M | $7.32M |
| Low Forecast | $16.86M | $16.81M | $16.76M | $16.72M | $12.08M | $12.10M | $11.99M | $12.27M | $15.92M | $16.17M | $16.11M | $15.60M | $16.34M | $15.61M | $15.04M | $5.18M | $15.58M | $14.16M | $14.42M | $4.71M | $16.11M | $15.13M | $13.06M | $4.28M | $12.83M | $10.53M | $9.13M | $8.93M | $7.32M | $7.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | 0.29% | 0.68% | 0.79% | 1.89% | 1.45% | 0.70% | 0.78% | 0.98% | 0.88% | 0.83% |
Danaos's average Quarter SG&A projection for Jun 23 is $14.42M, based on 1 Wall Street analysts, with a range of $14.42M to $14.42M. The forecast indicates a 110.70% rise compared to DAC last annual SG&A of $6.84M (Mar 23).
Danaos EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.18 | $7.59 | $3.29 | $0.40 | $16.02 | $7.58 | $10.67 | $18.32 | $14.62 | $1.76 | $1.74 |
| Avg Forecast | $4.92 | $5.33 | $5.36 | $5.68 | $6.26 | $6.39 | $6.58 | $6.84 | $7.10 | $7.40 | $7.22 | $6.94 | $7.15 | $6.78 | $6.92 | $7.74 | $7.79 | $7.36 | $6.92 | $5.90 | $7.17 | $7.26 | $5.68 | $6.14 | $5.26 | $3.67 | $3.29 | $2.98 | $2.27 | $1.86 |
| High Forecast | $4.92 | $5.33 | $5.36 | $5.68 | $6.26 | $6.39 | $6.58 | $6.84 | $7.10 | $7.40 | $7.22 | $6.94 | $7.15 | $7.10 | $7.10 | $7.74 | $7.79 | $7.61 | $6.92 | $5.90 | $7.17 | $7.26 | $5.68 | $6.14 | $5.26 | $3.67 | $3.29 | $2.98 | $2.27 | $1.86 |
| Low Forecast | $4.92 | $5.33 | $5.36 | $5.68 | $6.26 | $6.39 | $6.58 | $6.84 | $7.10 | $7.40 | $7.22 | $6.94 | $7.15 | $6.45 | $6.73 | $7.74 | $7.79 | $7.12 | $6.92 | $5.90 | $7.17 | $7.26 | $5.68 | $6.14 | $5.26 | $3.67 | $3.29 | $2.98 | $2.27 | $1.86 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.22% | 1.06% | 0.45% | 0.07% | 2.61% | 1.44% | 2.91% | 5.57% | 4.90% | 0.77% | 0.94% |
According to 1 Wall Street analysts, Danaos's projected average Quarter EPS for Jun 23 is $6.92, with a low estimate of $6.92 and a high estimate of $6.92. This represents a -3.55% decrease compared to DAC previous annual EPS of $7.18 (Mar 23).
Danaos Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NMM | Navios Maritime Partners | $52.68 | $80.00 | 51.86% | Buy |
| GOGL | Golden Ocean Group | $11.83 | $16.75 | 41.59% | Hold |
| DSX | Diana Shipping | $2.17 | $3.00 | 38.25% | Hold |
| GSL | Global Ship Lease | $23.33 | $29.00 | 24.30% | Buy |
| ASC | Ardmore Shipping | $12.32 | $15.17 | 23.13% | Buy |
| DAC | Danaos | $85.37 | $105.00 | 22.99% | Buy |
| SBLK | Star Bulk Carriers | $18.97 | $22.58 | 19.03% | Buy |
| GNK | Genco Shipping & Trading | $17.14 | $19.67 | 14.76% | Buy |
| CPLP | Capital Product Partners | $16.77 | $17.00 | 1.37% | - |
| CMRE | Costamare | $14.44 | $14.50 | 0.42% | Buy |