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 28.13% upside from DAC’s last price of $81.95) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
DAC Price Target
DAC Analyst Ratings
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% | 28.13% |
Danaos Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 1 |
Avg Price Target | - | - | $105.00 |
Last Closing Price | $81.95 | $81.95 | $81.95 |
Upside/Downside | -100.00% | -100.00% | 28.13% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
May 28, 2024 | Jefferies | Buy | Buy | Hold |
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 | $255.17M | $254.45M | $253.73M | $253.02M | $190.41M | $190.79M | $189.01M | $193.52M | $251.00M | $255.00M | $254.00M | $246.00M | $258.97M | $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 | $255.17M | $254.45M | $253.73M | $253.02M | $190.41M | $190.79M | $189.01M | $193.52M | $251.00M | $255.00M | $254.00M | $246.00M | $258.97M | $247.08M | $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 | $255.17M | $254.45M | $253.73M | $253.02M | $190.41M | $190.79M | $189.01M | $193.52M | $251.00M | $255.00M | $254.00M | $246.00M | $258.97M | $247.08M | $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 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 | $181.73M | $181.22M | $180.71M | $180.20M | $135.61M | $135.88M | $134.61M | $137.82M | $178.76M | $181.61M | $180.90M | $175.20M | $184.44M | $175.97M | $169.44M | $176.62M | $174.97M | $166.86M | $161.93M | $149.35M | $235.76M | $169.93M | $146.69M | $146.66M | $144.10M | $118.24M | $102.46M | $96.36M | $82.24M | $82.17M |
High Forecast | $181.73M | $181.22M | $180.71M | $180.20M | $135.61M | $135.88M | $134.61M | $137.82M | $178.76M | $181.61M | $180.90M | $175.20M | $184.44M | $175.97M | $170.00M | $176.62M | $174.97M | $174.77M | $161.93M | $149.35M | $282.92M | $169.93M | $146.69M | $146.66M | $144.10M | $118.24M | $102.46M | $96.36M | $82.24M | $82.17M |
Low Forecast | $181.73M | $181.22M | $180.71M | $180.20M | $135.61M | $135.88M | $134.61M | $137.82M | $178.76M | $181.61M | $180.90M | $175.20M | $184.44M | $175.97M | $168.88M | $176.62M | $174.97M | $158.95M | $161.93M | $149.35M | $188.61M | $169.93M | $146.69M | $146.66M | $144.10M | $118.24M | $102.46M | $96.36M | $82.24M | $82.17M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.19% | 0.72% | 1.11% | 1.19% | 1.07% | 1.38% | 2.17% | 4.07% | 3.50% | 0.98% | 0.98% |
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 | $92.23M | $98.57M | $92.52M | $97.21M | $106.53M | $110.57M | $110.48M | $114.58M | $129.71M | $136.64M | $137.42M | $132.93M | $140.50M | $132.29M | $134.98M | $290.45M | $151.96M | $143.67M | $135.18M | $264.05M | $179.86M | $141.68M | $110.82M | $240.04M | $102.77M | $71.67M | $64.16M | $303.94M | $44.31M | $36.31M |
High Forecast | $92.23M | $98.57M | $92.52M | $97.21M | $106.53M | $110.57M | $110.48M | $114.58M | $129.71M | $136.64M | $137.42M | $132.93M | $140.50M | $132.29M | $138.50M | $348.54M | $151.96M | $148.53M | $135.18M | $316.86M | $215.83M | $141.68M | $110.82M | $288.05M | $102.77M | $71.67M | $64.16M | $364.73M | $44.31M | $36.31M |
Low Forecast | $92.23M | $98.57M | $92.52M | $97.21M | $106.53M | $110.57M | $110.48M | $114.58M | $129.71M | $136.64M | $137.42M | $132.93M | $140.50M | $132.29M | $131.46M | $232.36M | $151.96M | $139.00M | $135.18M | $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 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 | $16.19M | $16.14M | $16.09M | $16.05M | $12.08M | $12.10M | $11.99M | $12.27M | $15.92M | $16.17M | $16.11M | $15.60M | $16.43M | $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 | $16.19M | $16.14M | $16.09M | $16.05M | $12.08M | $12.10M | $11.99M | $12.27M | $15.92M | $16.17M | $16.11M | $15.60M | $16.43M | $15.67M | $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 | $16.19M | $16.14M | $16.09M | $16.05M | $12.08M | $12.10M | $11.99M | $12.27M | $15.92M | $16.17M | $16.11M | $15.60M | $16.43M | $15.67M | $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 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 | $4.72 | $5.05 | $4.74 | $4.98 | $5.46 | $5.66 | $5.66 | $5.87 | $6.64 | $7.00 | $7.04 | $6.81 | $7.20 | $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 | $4.72 | $5.05 | $4.74 | $4.98 | $5.46 | $5.66 | $5.66 | $5.87 | $6.64 | $7.00 | $7.04 | $6.81 | $7.20 | $6.78 | $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 | $4.72 | $5.05 | $4.74 | $4.98 | $5.46 | $5.66 | $5.66 | $5.87 | $6.64 | $7.00 | $7.04 | $6.81 | $7.20 | $6.78 | $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% |
Danaos Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
GOGL | Golden Ocean Group | $10.76 | $16.75 | 55.67% | Hold |
NMM | Navios Maritime Partners | $53.43 | $80.00 | 49.73% | Buy |
DSX | Diana Shipping | $2.21 | $3.00 | 35.75% | Hold |
DAC | Danaos | $81.95 | $105.00 | 28.13% | Buy |
GNK | Genco Shipping & Trading | $15.95 | $19.67 | 23.32% | Buy |
GSL | Global Ship Lease | $24.06 | $29.00 | 20.53% | Buy |
SBLK | Star Bulk Carriers | $19.04 | $22.58 | 18.59% | Buy |
ASC | Ardmore Shipping | $14.04 | $15.17 | 8.05% | Buy |
CMRE | Costamare | $13.73 | $14.50 | 5.61% | Buy |
CPLP | Capital Product Partners | $16.77 | $17.00 | 1.37% | - |
DAC Forecast FAQ
Is Danaos a good buy?
Yes, according to 1 Wall Street analysts, Danaos (DAC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of DAC's total ratings.
What is DAC's price target?
Danaos (DAC) average price target is $105 with a range of $105 to $105, implying a 28.13% from its last price of $81.95. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Danaos stock go up soon?
According to Wall Street analysts' prediction for DAC stock, the company can go up by 28.13% (from the last price of $81.95 to the average price target of $105), up by 28.13% based on the highest stock price target, and up by 28.13% based on the lowest stock price target.
Can Danaos stock reach $120?
DAC's average twelve months analyst stock price target of $105 does not support the claim that Danaos can reach $120 in the near future.
What are Danaos's analysts' financial forecasts?
Danaos's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $763.72M (high $763.72M, low $763.72M), average EBITDA is $543.91M (high $543.91M, low $543.91M), average net income is $442.17M (high $442.17M, low $442.17M), average SG&A $48.44M (high $48.44M, low $48.44M), and average EPS is $22.65 (high $22.65, low $22.65). DAC's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $1.02B (high $1.02B, low $1.02B), average EBITDA is $723.85M (high $723.85M, low $723.85M), average net income is $380.52M (high $380.52M, low $380.52M), average SG&A $64.47M (high $64.47M, low $64.47M), and average EPS is $19.49 (high $19.49, low $19.49).
Did the DAC's actual financial results beat the analysts' financial forecasts?
Based on Danaos's last annual report (Dec 2022), the company's revenue was $993.34M, beating the average analysts forecast of $893.36M by 11.19%. Apple's EBITDA was $690.21M, missing the average prediction of $699.04M by -1.26%. The company's net income was $559.21M, missing the average estimation of $672.41M by -16.83%. Apple's SG&A was $36.58M, missing the average forecast of $53.69M by -31.88%. Lastly, the company's EPS was $27.3, beating the average prediction of $26.24 by 4.03%. In terms of the last quarterly report (Mar 2023), Danaos's revenue was $243.57M, beating the average analysts' forecast of $209.71M by 16.15%. The company's EBITDA was $177.17M, beating the average prediction of $149.35M by 18.63%. Danaos's net income was $146.2M, missing the average estimation of $264.05M by -44.63%. The company's SG&A was $6.84M, beating the average forecast of $5.89M by 16.26%. Lastly, the company's EPS was $7.18, beating the average prediction of $5.9 by 21.69%