Pangaea Logistics Solutions (OLED) Stock Forecast, Price Target & Predictions


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OLED Stock Forecast


Pangaea Logistics Solutions stock forecast is as follows: an average price target of $211.67 (represents a 39.06% upside from OLED’s last price of $152.22) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.

OLED Price Target


The average price target for Pangaea Logistics Solutions (OLED) is $211.67 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $220.00 to $200.00. This represents a potential 39.06% upside from OLED's last price of $152.22.

OLED Analyst Ratings


Buy

According to 10 Wall Street analysts, Pangaea Logistics Solutions's rating consensus is 'Buy'. The analyst rating breakdown for OLED stock is 0 'Strong Buy' (0.00%), 7 'Buy' (70.00%), 3 'Hold' (30.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Pangaea Logistics Solutions Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 31, 2024Martin YangOppenheimer$220.00$203.168.29%44.53%
Oct 31, 2024James RicchiutiNeedham$215.00$203.165.83%41.24%
Aug 23, 2024Atif MalikCitigroup$200.00$194.123.03%31.39%
Jul 03, 2024Martin YangOppenheimer$250.00$213.4417.13%64.24%
Jul 02, 2024James RicchiutiNeedham$242.00$208.6116.01%58.98%
May 03, 2024Brooks IdletCFRA$172.00$171.330.39%12.99%
Feb 24, 2023Martin YangOppenheimer$400.00$129.56208.74%162.78%
Aug 01, 2022Deutsche Bank$150.00$113.3132.38%-1.46%
Jul 28, 2022Goldman Sachs$192.00$112.9869.94%26.13%
Jul 26, 2022Needham$140.00$112.8624.05%-8.03%
May 06, 2022Needham$165.00$129.6227.30%8.40%
Jul 28, 2021Brian K. LeeGoldman Sachs$285.00$219.5029.84%87.23%

The latest Pangaea Logistics Solutions stock forecast, released on Oct 31, 2024 by Martin Yang from Oppenheimer, set a price target of $220.00, which represents a 8.29% increase from the stock price at the time of the forecast ($203.16), and a 44.53% increase from OLED last price ($152.22).

Pangaea Logistics Solutions Price Target by Period


1M3M12M
# Anlaysts-26
Avg Price Target-$217.50$216.50
Last Closing Price$152.22$152.22$152.22
Upside/Downside-100.00%42.89%42.23%

In the current month, the average price target of Pangaea Logistics Solutions stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Pangaea Logistics Solutions's last price of $152.22. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 31, 2024OppenheimerOutperformOutperformHold
Oct 31, 2024NeedhamBuyBuyHold
Oct 16, 2024Goldman SachsBuyBuyHold
Aug 23, 2024CitigroupNeutralNeutralHold
Aug 02, 2024Cowen & Co.BuyBuyHold
Jul 18, 2024Raymond JamesBuyBuyHold
Jul 18, 2024OppenheimerUnderperformUnderperformHold
Jul 03, 2024OppenheimerOutperformOutperformHold
Jul 02, 2024NeedhamBuyBuyHold
May 03, 2024CFRAHoldHoldHold
Dec 18, 2023Bank of America SecuritiesNeutralBuyUpgrade
Feb 24, 2023OppenheimerOutperformOutperformHold
Aug 01, 2022Deutsche BankBuyBuyHold
Jul 28, 2022Goldman SachsBuyBuyHold
Jul 26, 2022NeedhamBuyBuyHold
Jun 29, 2022Bank of America SecuritiesNeutralDowngrade
Apr 26, 2022Zacks Investment ResearchHoldUpgrade
Feb 24, 2022NeedhamBuyBuyHold
Nov 13, 2021NeedhamBuyBuyHold

Pangaea Logistics Solutions's last stock rating was published by Oppenheimer on Oct 31, 2024. The company gave OLED a "Outperform" rating, the same as its previous rate.

Pangaea Logistics Solutions Financial Forecast


Pangaea Logistics Solutions Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$141.08M$146.56M$130.47M$169.03M$160.56M$136.56M$150.47M$146.25M$143.62M$129.66M$134.00M$141.54M$117.08M$57.97M$112.28M$101.73M$97.52M
Avg Forecast$231.20M$209.00M$184.40M$173.30M$199.44M$187.01M$168.56M$163.58M$154.10M$163.55M$159.46M$150.75M$161.08M$148.88M$128.60M$135.90M$148.97M$147.97M$148.52M$144.54M$144.60M$145.26M$128.09M$119.95M$109.30M$90.05M$74.20M$93.94M$100.97M$85.88M
High Forecast$252.66M$228.40M$201.51M$189.38M$217.95M$204.37M$184.21M$168.39M$155.93M$164.31M$159.46M$150.75M$169.08M$160.15M$140.53M$148.51M$162.79M$147.97M$148.52M$144.54M$144.60M$145.26M$128.09M$119.95M$109.30M$90.05M$74.20M$93.94M$100.97M$85.88M
Low Forecast$218.78M$197.78M$174.50M$163.99M$188.73M$176.97M$159.51M$158.76M$153.38M$162.79M$159.46M$150.75M$156.98M$141.19M$121.69M$128.60M$140.97M$147.97M$148.52M$144.54M$144.60M$145.26M$128.09M$119.95M$109.30M$90.05M$74.20M$93.94M$100.97M$85.88M
# Analysts444433356311396437434744499955
Surprise %-------------0.95%1.14%0.96%1.13%1.09%0.92%1.04%1.01%0.99%1.01%1.12%1.29%1.30%0.78%1.20%1.01%1.14%

Pangaea Logistics Solutions's average Quarter revenue forecast for Dec 23 based on 3 analysts is $161.08M, with a low forecast of $156.98M, and a high forecast of $169.08M. OLED's average Quarter revenue forecast represents a 14.18% increase compared to the company's last Quarter revenue of $141.08M (Sep 23).

Pangaea Logistics Solutions EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433356311396437434744499955
EBITDA-------------$48.44M$58.64M$54.76M$85.98M$78.48M$64.72M$73.38M$67.70M$68.51M$60.66M$73.50M$76.27M$59.08M$9.41M$55.96M$45.97M$52.28M
Avg Forecast$109.62M$99.09M$87.43M$82.17M$94.56M$88.67M$79.92M$77.56M$73.06M$77.54M$75.61M$83.06M$76.37M$70.59M$60.97M$75.51M$78.16M$70.16M$70.42M$68.64M$68.56M$68.87M$60.73M$46.52M$51.82M$42.70M$35.18M$41.97M$47.87M$40.72M
High Forecast$119.79M$108.29M$95.54M$89.79M$103.34M$96.90M$87.34M$79.84M$73.93M$77.90M$75.61M$99.67M$80.16M$75.93M$66.63M$90.61M$93.79M$70.16M$70.42M$82.37M$68.56M$68.87M$60.73M$55.82M$51.82M$42.70M$35.18M$50.36M$47.87M$40.72M
Low Forecast$103.73M$93.77M$82.73M$77.75M$89.48M$83.91M$75.63M$75.27M$72.72M$77.18M$75.60M$66.45M$74.43M$66.94M$57.70M$60.41M$62.53M$70.16M$70.42M$54.91M$68.56M$68.87M$60.73M$37.22M$51.82M$42.70M$35.18M$33.58M$47.87M$40.72M
Surprise %-------------0.69%0.96%0.73%1.10%1.12%0.92%1.07%0.99%0.99%1.00%1.58%1.47%1.38%0.27%1.33%0.96%1.28%

3 analysts predict OLED's average Quarter EBITDA for Dec 23 to be $76.37M, with a high of $80.16M and a low of $74.43M. This is 57.68% upper than Pangaea Logistics Solutions's previous annual EBITDA (Sep 23) of $48.44M.

Pangaea Logistics Solutions Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433356311396437434744499955
Net Income-------------$51.52M$49.68M$39.84M$65.13M$53.45M$41.50M$49.97M$45.88M$46.11M$40.54M$51.69M$53.90M$40.50M$815.00K$38.16M$26.43M$36.96M
Avg Forecast$84.37M$73.41M$61.02M$55.77M$70.79M$68.31M$57.35M$56.58M$51.35M$62.27M$54.13M$56.14M$55.05M$48.03M$35.57M$51.04M$52.96M$46.87M$47.90M$46.40M$48.03M$51.09M$42.13M$32.71M$30.49M$21.27M$14.10M$28.62M$35.27M$27.48M
High Forecast$94.55M$82.27M$68.38M$62.50M$79.33M$76.56M$64.27M$58.84M$53.24M$69.78M$54.14M$67.37M$61.12M$54.75M$39.86M$61.25M$63.55M$46.87M$47.90M$55.68M$48.03M$51.09M$42.13M$39.26M$30.49M$21.27M$14.10M$34.34M$35.27M$27.48M
Low Forecast$78.48M$68.29M$56.76M$51.88M$65.85M$63.54M$53.35M$54.32M$48.53M$57.92M$54.12M$44.92M$50.39M$44.18M$33.08M$40.83M$42.37M$46.87M$47.90M$37.12M$48.03M$51.09M$42.13M$26.17M$30.49M$21.27M$14.10M$22.89M$35.27M$27.48M
Surprise %-------------1.07%1.40%0.78%1.23%1.14%0.87%1.08%0.96%0.90%0.96%1.58%1.77%1.90%0.06%1.33%0.75%1.35%

Pangaea Logistics Solutions's average Quarter net income forecast for Dec 23 is $55.05M, with a range of $50.39M to $61.12M. OLED's average Quarter net income forecast represents a 6.86% increase compared to the company's last Quarter net income of $51.52M (Sep 23).

Pangaea Logistics Solutions SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433356311396437434744499955
SG&A-------------$18.08M$17.08M$15.40M$18.51M$18.44M$19.87M$21.06M$22.77M$20.96M$20.24M$16.40M$16.22M$13.58M$16.15M$15.40M$19.08M$12.62M
Avg Forecast$31.38M$28.36M$25.03M$23.52M$27.07M$25.38M$22.88M$22.20M$20.91M$22.20M$21.64M$23.66M$21.86M$20.21M$17.45M$21.51M$26.29M$20.08M$20.16M$19.56M$19.62M$19.71M$17.38M$10.38M$14.83M$12.22M$10.07M$11.55M$13.70M$11.66M
High Forecast$34.29M$31.00M$27.35M$25.70M$29.58M$27.74M$25.00M$22.85M$21.16M$22.30M$21.64M$28.40M$22.95M$21.74M$19.07M$25.82M$31.54M$20.08M$20.16M$23.47M$19.62M$19.71M$17.38M$12.46M$14.83M$12.22M$10.07M$13.86M$13.70M$11.66M
Low Forecast$29.69M$26.84M$23.68M$22.26M$25.61M$24.02M$21.65M$21.55M$20.82M$22.09M$21.64M$18.93M$21.31M$19.16M$16.52M$17.21M$21.03M$20.08M$20.16M$15.65M$19.62M$19.71M$17.38M$8.31M$14.83M$12.22M$10.07M$9.24M$13.70M$11.66M
Surprise %-------------0.90%0.98%0.72%0.70%0.92%0.99%1.08%1.16%1.06%1.16%1.58%1.09%1.11%1.60%1.33%1.39%1.08%

Pangaea Logistics Solutions's average Quarter SG&A projection for Dec 23 is $21.86M, based on 3 Wall Street analysts, with a range of $21.31M to $22.95M. The forecast indicates a 20.89% rise compared to OLED last annual SG&A of $18.08M (Sep 23).

Pangaea Logistics Solutions EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433356311396437434744499955
EPS-------------$1.08$1.04$0.83$1.37$1.12$0.87$1.05$0.97$0.97$0.85$1.09$1.13$0.85$0.02$0.80$0.56$0.78
Avg Forecast$1.77$1.54$1.28$1.17$1.49$1.43$1.20$1.19$1.08$1.31$1.14$1.07$1.15$1.01$0.75$0.82$0.94$0.98$1.01$0.98$1.01$1.07$0.88$0.79$0.64$0.45$0.30$0.62$0.74$0.58
High Forecast$1.98$1.73$1.43$1.31$1.66$1.61$1.35$1.23$1.12$1.46$1.14$1.07$1.28$1.15$0.84$0.92$1.06$0.98$1.01$0.98$1.01$1.07$0.88$0.79$0.64$0.45$0.30$0.62$0.74$0.58
Low Forecast$1.65$1.43$1.19$1.09$1.38$1.33$1.12$1.14$1.02$1.22$1.14$1.07$1.06$0.93$0.69$0.76$0.88$0.98$1.01$0.98$1.01$1.07$0.88$0.79$0.64$0.45$0.30$0.62$0.74$0.58
Surprise %-------------1.07%1.39%1.01%1.45%1.14%0.87%1.07%0.96%0.90%0.96%1.37%1.77%1.90%0.07%1.30%0.76%1.35%

According to 3 Wall Street analysts, Pangaea Logistics Solutions's projected average Quarter EPS for Dec 23 is $1.15, with a low estimate of $1.06 and a high estimate of $1.28. This represents a 6.93% increase compared to OLED previous annual EPS of $1.08 (Sep 23).

Pangaea Logistics Solutions Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ROGRogers$104.05$150.0044.16%Buy
OLEDPangaea Logistics Solutions$155.85$211.6735.82%Buy
FNFabrinet$231.76$280.0020.81%Hold
FLEXFlex$37.40$41.6711.42%Buy
APHAmphenol$74.26$78.675.94%Buy
JBLJabil$133.96$139.754.32%Buy
TELTE Connectivity$147.95$154.004.09%Buy
MEIMethode Electronics$12.65$13.002.77%Hold
PLXSPlexus$164.50$150.00-8.81%Buy
VICRVicor$52.92$43.00-18.75%Hold
SANMSanmina$79.30$62.00-21.82%Buy
BHEBenchmark Electronics$47.51$34.00-28.44%Buy

OLED Forecast FAQ


Is Pangaea Logistics Solutions a good buy?

Yes, according to 10 Wall Street analysts, Pangaea Logistics Solutions (OLED) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 70.00% of OLED's total ratings.

What is OLED's price target?

Pangaea Logistics Solutions (OLED) average price target is $211.67 with a range of $200 to $220, implying a 39.06% from its last price of $152.22. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Pangaea Logistics Solutions stock go up soon?

According to Wall Street analysts' prediction for OLED stock, the company can go up by 39.06% (from the last price of $152.22 to the average price target of $211.67), up by 44.53% based on the highest stock price target, and up by 31.39% based on the lowest stock price target.

Can Pangaea Logistics Solutions stock reach $200?

OLED's average twelve months analyst stock price target of $211.67 supports the claim that Pangaea Logistics Solutions can reach $200 in the near future.

What are Pangaea Logistics Solutions's analysts' financial forecasts?

Pangaea Logistics Solutions's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $718.6M (high $774.92M, low $683.98M), average EBITDA is $340.71M (high $367.41M, low $324.29M), average net income is $253.04M (high $279M, low $237.06M), average SG&A $97.53M (high $105.17M, low $92.83M), and average EPS is $5.31 (high $5.85, low $4.97). OLED's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $797.9M (high $871.95M, low $755.05M), average EBITDA is $378.31M (high $413.42M, low $357.99M), average net income is $274.58M (high $307.7M, low $255.41M), average SG&A $108.29M (high $118.34M, low $102.47M), and average EPS is $5.76 (high $6.45, low $5.36).

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

Based on Pangaea Logistics Solutions's last annual report (Dec 2022), the company's revenue was $616.62M, beating the average analysts forecast of $590.01M by 4.51%. Apple's EBITDA was $309.38M, beating the average prediction of $287.38M by 7.66%. The company's net income was $210.06M, beating the average estimation of $194.13M by 8.21%. Apple's SG&A was $77.89M, missing the average forecast of $86.08M by -9.52%. Lastly, the company's EPS was $4.41, beating the average prediction of $3.92 by 12.60%. In terms of the last quarterly report (Sep 2023), Pangaea Logistics Solutions's revenue was $141.08M, missing the average analysts' forecast of $148.88M by -5.24%. The company's EBITDA was $48.44M, missing the average prediction of $70.59M by -31.38%. Pangaea Logistics Solutions's net income was $51.52M, beating the average estimation of $48.03M by 7.27%. The company's SG&A was $18.08M, missing the average forecast of $20.21M by -10.50%. Lastly, the company's EPS was $1.08, beating the average prediction of $1.01 by 7.20%