Global Ship Lease (GSL) Stock Forecast, Price Target & Predictions

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GSL Stock Forecast

Global Ship Lease stock forecast is as follows: an average price target of $29.00 (represents a 24.30% upside from GSL’s last price of $23.33) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.

GSL Price Target

The average price target for Global Ship Lease (GSL) is $29.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $29.00 to $29.00. This represents a potential 24.30% upside from GSL's last price of $23.33.

GSL Analyst Ratings

Buy

According to 3 Wall Street analysts, Global Ship Lease's rating consensus is 'Buy'. The analyst rating breakdown for GSL stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Global Ship Lease Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
May 16, 2024	Omar Nokta	Jefferies	$29.00	$26.35	10.06%	24.30%

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The latest Global Ship Lease stock forecast, released on May 16, 2024 by Omar Nokta from Jefferies, set a price target of $29.00, which represents a 10.06% increase from the stock price at the time of the forecast ($26.35), and a 24.30% increase from GSL last price ($23.33).

Global Ship Lease Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$29.00
Last Closing Price	$23.33	$23.33	$23.33
Upside/Downside	-100.00%	-100.00%	24.30%

In the current month, the average price target of Global Ship Lease stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Global Ship Lease's last price of $23.33. 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
Aug 08, 2024	Clarksons Platou	-	Buy	Upgrade
May 16, 2024	Jefferies	Buy	Buy	Hold
Apr 26, 2022	Zacks Investment Research	-	Hold	Upgrade

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Global Ship Lease's last stock rating was published by Clarksons Platou on Aug 08, 2024. The company Upgrade its GSL rating from "null" to "Buy".

Global Ship Lease Financial Forecast

Global Ship Lease 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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$155.93M	$156.59M	$163.23M	$143.89M	$140.78M	$135.17M	$113.97M	$82.87M	$72.98M	$69.97M	$70.52M
Avg Forecast	$201.67M	$199.64M	$197.62M	$195.63M	$132.38M	$132.38M	$130.94M	$131.59M	$168.00M	$168.00M	$166.00M	$165.00M	$171.16M	$174.22M	$172.04M	$168.08M	$172.15M	$163.82M	$157.99M	$150.99M	$143.97M	$149.18M	$143.97M	$148.39M	$125.01M	$104.19M	$79.12M	$70.55M	$67.85M	$70.00M
High Forecast	$202.19M	$200.15M	$198.13M	$196.13M	$132.72M	$132.72M	$131.28M	$131.92M	$168.43M	$168.43M	$166.42M	$165.42M	$171.82M	$174.56M	$172.04M	$168.08M	$175.03M	$163.82M	$158.40M	$151.37M	$144.33M	$149.18M	$143.97M	$148.39M	$125.01M	$104.19M	$79.12M	$70.55M	$67.85M	$70.00M
Low Forecast	$201.15M	$199.12M	$197.12M	$195.13M	$132.04M	$132.04M	$130.61M	$131.25M	$167.57M	$167.57M	$165.57M	$164.58M	$170.50M	$173.87M	$172.04M	$168.08M	$169.26M	$163.82M	$157.59M	$150.60M	$143.60M	$149.18M	$143.97M	$148.39M	$125.01M	$104.19M	$79.12M	$70.55M	$67.85M	$70.00M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.03%	1.09%	1.09%	1.00%	0.95%	1.08%	1.09%	1.05%	1.03%	1.03%	1.01%

Global Ship Lease's average Quarter revenue forecast for Jun 23 based on 1 analysts is $157.99M, with a low forecast of $157.59M, and a high forecast of $158.40M. GSL's average Quarter revenue forecast represents a 1.33% increase compared to the company's last Quarter revenue of $155.93M (Mar 23).

Global Ship Lease 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	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$106.31M	$102.29M	$123.95M	$117.97M	$93.73M	$57.22M	$97.20M	$59.21M	$42.78M	$38.38M	$40.99M
Avg Forecast	$133.37M	$132.03M	$130.70M	$129.38M	$87.55M	$87.55M	$86.60M	$87.03M	$111.11M	$111.11M	$109.78M	$109.12M	$113.20M	$115.22M	$113.78M	$85.93M	$113.85M	$108.34M	$104.49M	$91.91M	$15.77M	$93.82M	$90.55M	$98.30M	$78.62M	$65.53M	$49.76M	$54.19M	$42.67M	$44.02M
High Forecast	$133.71M	$132.37M	$131.03M	$129.71M	$87.77M	$87.77M	$86.82M	$87.25M	$111.39M	$111.39M	$110.06M	$109.40M	$113.63M	$115.45M	$113.78M	$103.12M	$115.76M	$108.34M	$104.76M	$110.29M	$18.92M	$93.82M	$90.55M	$117.96M	$78.62M	$65.53M	$49.76M	$65.03M	$42.67M	$44.02M
Low Forecast	$133.03M	$131.69M	$130.36M	$129.05M	$87.33M	$87.33M	$86.38M	$86.80M	$110.82M	$110.82M	$109.50M	$108.84M	$112.76M	$114.99M	$113.78M	$68.75M	$111.94M	$108.34M	$104.22M	$73.53M	$12.61M	$93.82M	$90.55M	$78.64M	$78.62M	$65.53M	$49.76M	$43.35M	$42.67M	$44.02M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.16%	6.49%	1.32%	1.30%	0.95%	0.73%	1.48%	1.19%	0.79%	0.90%	0.93%

1 analysts predict GSL's average Quarter EBITDA for Jun 23 to be $104.49M, with a high of $104.76M and a low of $104.22M. This is -1.72% lower than Global Ship Lease's previous annual EBITDA (Mar 23) of $106.31M.

Global Ship Lease 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	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$74.60M	$75.00M	$92.00M	$29.06M	$72.57M	$68.48M	$65.30M	$32.08M	$5.64M	$12.00M	$14.55M
Avg Forecast	$49.28M	$51.78M	$57.99M	$56.10M	$56.76M	$56.36M	$55.88M	$56.81M	$71.28M	$72.85M	$74.30M	$79.06M	$83.95M	$84.90M	$80.90M	$63.44M	$82.64M	$75.47M	$72.49M	$67.85M	$9.87M	$65.14M	$61.09M	$72.57M	$45.41M	$31.67M	$17.70M	$7.15M	$13.23M	$13.41M
High Forecast	$49.45M	$51.95M	$58.18M	$56.29M	$56.95M	$56.55M	$56.06M	$57.00M	$71.51M	$73.10M	$74.54M	$79.33M	$89.20M	$85.86M	$81.17M	$76.13M	$82.99M	$75.47M	$72.73M	$81.42M	$11.84M	$65.14M	$61.09M	$87.08M	$45.41M	$31.67M	$17.70M	$8.58M	$13.23M	$13.41M
Low Forecast	$49.12M	$51.60M	$57.79M	$55.91M	$56.57M	$56.17M	$55.69M	$56.62M	$71.04M	$72.61M	$74.05M	$78.80M	$78.70M	$83.94M	$80.63M	$50.75M	$82.28M	$75.46M	$72.25M	$54.28M	$7.90M	$65.14M	$61.09M	$58.05M	$45.41M	$31.67M	$17.70M	$5.72M	$13.23M	$13.41M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.10%	7.60%	1.41%	0.48%	1.00%	1.51%	2.06%	1.81%	0.79%	0.91%	1.09%

Global Ship Lease's average Quarter net income forecast for Jun 23 is $72.49M, with a range of $72.25M to $72.73M. GSL's average Quarter net income forecast represents a -2.83% decrease compared to the company's last Quarter net income of $74.60M (Mar 23).

Global Ship Lease 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	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$4.79M	$4.08M	$4.16M	$2.87M	$3.86M	$3.69M	$3.42M	$1.86M	$4.27M	$1.97M	$1.62M
Avg Forecast	$6.20M	$6.14M	$6.08M	$6.02M	$4.07M	$4.07M	$4.03M	$4.05M	$5.17M	$5.17M	$5.11M	$5.08M	$5.27M	$5.36M	$5.29M	$3.38M	$5.30M	$5.04M	$4.86M	$3.61M	$1.76M	$4.59M	$4.43M	$3.86M	$3.85M	$3.21M	$2.43M	$5.41M	$2.09M	$2.15M
High Forecast	$6.22M	$6.16M	$6.10M	$6.03M	$4.08M	$4.08M	$4.04M	$4.06M	$5.18M	$5.18M	$5.12M	$5.09M	$5.29M	$5.37M	$5.29M	$4.05M	$5.38M	$5.04M	$4.87M	$4.33M	$2.11M	$4.59M	$4.43M	$4.63M	$3.85M	$3.21M	$2.43M	$6.50M	$2.09M	$2.15M
Low Forecast	$6.19M	$6.13M	$6.06M	$6.00M	$4.06M	$4.06M	$4.02M	$4.04M	$5.16M	$5.16M	$5.09M	$5.06M	$5.25M	$5.35M	$5.29M	$2.70M	$5.21M	$5.04M	$4.85M	$2.89M	$1.41M	$4.59M	$4.43M	$3.09M	$3.85M	$3.21M	$2.43M	$4.33M	$2.09M	$2.15M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.33%	2.32%	0.91%	0.65%	1.00%	0.96%	1.07%	0.76%	0.79%	0.94%	0.75%

Global Ship Lease's average Quarter SG&A projection for Jun 23 is $4.86M, based on 1 Wall Street analysts, with a range of $4.85M to $4.87M. The forecast indicates a 1.49% rise compared to GSL last annual SG&A of $4.79M (Mar 23).

Global Ship Lease 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	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.02	$2.02	$2.47	$0.80	$1.93	$1.88	$1.74	$0.83	$0.11	$0.60	$0.75
Avg Forecast	$1.40	$1.47	$1.65	$1.59	$1.61	$1.60	$1.59	$1.62	$2.03	$2.07	$2.11	$2.25	$2.39	$2.41	$2.30	$2.27	$2.35	$2.15	$2.06	$2.03	$1.68	$1.85	$1.74	$1.84	$1.29	$0.90	$0.50	$0.45	$0.38	$0.38
High Forecast	$1.41	$1.48	$1.65	$1.60	$1.62	$1.61	$1.59	$1.62	$2.03	$2.08	$2.12	$2.26	$2.54	$2.44	$2.31	$2.27	$2.36	$2.15	$2.07	$2.04	$1.69	$1.85	$1.74	$1.84	$1.29	$0.90	$0.50	$0.45	$0.38	$0.38
Low Forecast	$1.40	$1.47	$1.64	$1.59	$1.61	$1.60	$1.58	$1.61	$2.02	$2.06	$2.11	$2.24	$2.24	$2.39	$2.29	$2.27	$2.34	$2.15	$2.05	$2.03	$1.67	$1.85	$1.74	$1.84	$1.29	$0.90	$0.50	$0.45	$0.38	$0.38
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.99%	1.20%	1.33%	0.46%	1.05%	1.46%	1.93%	1.65%	0.25%	1.59%	1.95%

According to 1 Wall Street analysts, Global Ship Lease's projected average Quarter EPS for Jun 23 is $2.06, with a low estimate of $2.05 and a high estimate of $2.07. This represents a 2.02% increase compared to GSL previous annual EPS of $2.02 (Mar 23).

Global Ship Lease 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
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

GSL Forecast FAQ

Is Global Ship Lease a good buy?

Yes, according to 3 Wall Street analysts, Global Ship Lease (GSL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of GSL's total ratings.

What is GSL's price target?

Global Ship Lease (GSL) average price target is $29 with a range of $29 to $29, implying a 24.30% from its last price of $23.33. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Global Ship Lease stock go up soon?

According to Wall Street analysts' prediction for GSL stock, the company can go up by 24.30% (from the last price of $23.33 to the average price target of $29), up by 24.30% based on the highest stock price target, and up by 24.30% based on the lowest stock price target.

Can Global Ship Lease stock reach $30?

GSL's average twelve months analyst stock price target of $29 does not support the claim that Global Ship Lease can reach $30 in the near future.

What are Global Ship Lease's analysts' financial forecasts?

Global Ship Lease's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $527.29M (high $528.64M, low $525.94M), average EBITDA is $348.73M (high $349.61M, low $347.83M), average net income is $225.81M (high $226.56M, low $225.06M), average SG&A $16.22M (high $16.26M, low $16.18M), and average EPS is $6.42 (high $6.44, low $6.4). GSL's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $794.57M (high $796.59M, low $792.52M), average EBITDA is $525.49M (high $526.83M, low $524.14M), average net income is $215.15M (high $215.86M, low $214.43M), average SG&A $24.44M (high $24.51M, low $24.38M), and average EPS is $6.12 (high $6.14, low $6.1).

Did the GSL's actual financial results beat the analysts' financial forecasts?

Based on Global Ship Lease's last annual report (Dec 2022), the company's revenue was $604.49M, beating the average analysts forecast of $585.5M by 3.24%. Apple's EBITDA was $401.66M, beating the average prediction of $298.43M by 34.59%. The company's net income was $292.92M, beating the average estimation of $208.67M by 40.38%. Apple's SG&A was $18.53M, beating the average forecast of $14.64M by 26.56%. Lastly, the company's EPS was $8.03, beating the average prediction of $7.11 by 12.92%. In terms of the last quarterly report (Mar 2023), Global Ship Lease's revenue was $155.93M, beating the average analysts' forecast of $150.99M by 3.27%. The company's EBITDA was $106.31M, beating the average prediction of $91.91M by 15.67%. Global Ship Lease's net income was $74.6M, beating the average estimation of $67.85M by 9.96%. The company's SG&A was $4.79M, beating the average forecast of $3.61M by 32.62%. Lastly, the company's EPS was $2.02, missing the average prediction of $2.03 by -0.68%