Danaos (DAC) Stock Forecast, Price Target & Predictions


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DAC Stock Forecast


Danaos (DAC) stock forecast, based on 1 Wall Street analysts, predicts a 12-month average price target of $105.00, with a high of $105.00 and a low of $105.00. This represents a 33.27% increase from the last price of $78.79.

$70 $77 $84 $91 $98 $105 High: $105 Avg: $105 Low: $105 Last Closed Price: $78.79

DAC Stock Rating


Danaos stock's rating consensus is Buy, based on 1 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 1 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 1 0 1 Strong Sell Sell Hold Buy Strong Buy

DAC Forecast vs Benchmarks


TypeNameUpside
StockDanaos33.27%
SectorIndustrials Stocks 15.95%
IndustryMarine Shipping Stocks39.06%

Price Target Trends


1M3M12M
# Anlaysts--1
Avg Price Target--$105.00
Last Closing Price$78.79$78.79$78.79
Upside/Downside--33.27%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25-11--2
Dec, 24-11--2
Nov, 24-12--3
Oct, 24112--4
Sep, 24112--4
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 28, 2024Omar NoktaJefferies$105.00$88.0119.30%33.27%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
May 28, 2024JefferiesBuyBuyhold

Financial Forecast


EPS Forecast

$0 $11 $22 $33 $44 $55 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$3.91$51.75$27.30$28.95----
Avg Forecast$7.09$16.19$32.05$29.16$27.01$28.82$26.96$19.44
High Forecast$7.08$16.15$31.65$29.16$27.01$28.82$26.96$19.44
Low Forecast$7.11$16.22$32.45$29.16$27.01$28.82$26.96$19.44
Surprise %-44.85%219.64%-14.82%-0.72%----

Revenue Forecast

$400M $530M $660M $790M $920M $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$461.59M$689.50M$993.34M$952.38M----
Avg Forecast$446.55M$661.18M$976.62M$957.32M$976.02M$1.03B$963.72M$1.02B
High Forecast$445.71M$659.94M$967.17M$957.32M$976.02M$1.03B$931.08M$1.02B
Low Forecast$447.39M$662.43M$986.07M$957.32M$976.02M$1.03B$996.36M$1.02B
Surprise %3.37%4.28%1.71%-0.52%----

Net Income Forecast

$0 $300M $600M $900M $1B $2B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$93.15M$1.05B$559.21M$576.30M----
Avg Forecast$140.49M$963.07M$965.08M$576.30M$537.60M$573.62M$536.50M$386.91M
High Forecast$112.39M$770.46M$772.07M$461.04M$537.60M$573.62M$536.50M$386.91M
Low Forecast$168.59M$1.16B$1.16B$691.56M$537.60M$573.62M$536.50M$386.91M
Surprise %-33.70%9.32%-42.06%-----

DAC Forecast FAQ


Is Danaos stock a buy?

Danaos stock has a consensus rating of Buy, based on 1 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 1 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Danaos is a favorable investment for most analysts.

What is Danaos's price target?

Danaos's price target, set by 1 Wall Street analysts, averages $105 over the next 12 months. The price target range spans from $105 at the low end to $105 at the high end, suggesting a potential 33.27% change from the previous close price of $78.79.

How does Danaos stock forecast compare to the average forecast of its sector, industry, and investment themes?

Danaos stock forecast shows a 33.27% upside, outperforming the average forecast for the industrials stocks sector (15.95%) and underperforming the marine shipping stocks industry (39.06%).

What is the breakdown of analyst ratings for Danaos over the past three months?

  • January 2025: 0% Strong Buy, 50.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 0% Strong Buy, 50.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 0% Strong Buy, 33.33% Buy, 66.67% Hold, 0% Sell, 0% Strong Sell.

What is Danaos’s EPS forecast?

Danaos's average annual EPS forecast for its fiscal year ending in December is 27.01 for 2024, a -6.70% decrease from the reported $28.95 in 2023. The prediction for 2025 is $28.82, $26.96 for 2026, and $19.44 for 2027.

What is Danaos’s revenue forecast?

Danaos's average annual revenue forecast for its fiscal year ending in December is $976.02M for 2024, a 2.48% increase from the reported $952.38M in 2023. The forecast for 2025 is $1.03B, $963.72M for 2026, and $1.02B for 2027.

What is Danaos’s net income forecast?

For its fiscal year ending in December, Danaos's average annual net income forecast is $537.6M for 2024, reflecting a -6.72% decrease from the reported $576.3M in 2023. The projection for 2025 is $573.62M, $536.5M for 2026, and $386.91M for 2027.