Star Bulk Carriers (SBLK) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

SBLK Stock Forecast


Star Bulk Carriers (SBLK) stock forecast, based on 13 Wall Street analysts, predicts a 12-month average price target of $22.40, with a high of $26.00 and a low of $20.20. This represents a 46.69% increase from the last price of $15.27.

$10 $14 $18 $22 $26 $30 High: $26 Avg: $22.4 Low: $20.2 Last Closed Price: $15.27

SBLK Stock Rating


Star Bulk Carriers stock's rating consensus is Buy, based on 13 Wall Street analysts. The breakdown includes 1 Strong Buy (7.69%), 9 Buy (69.23%), 2 Hold (15.38%), 1 Sell (7.69%), and 0 Strong Sell (0.00%).

Buy
Total 13 0 1 2 9 1 Strong Sell Sell Hold Buy Strong Buy

SBLK Forecast vs Benchmarks


TypeNameUpside
StockStar Bulk Carriers46.69%
SectorIndustrials Stocks 15.95%
IndustryMarine Shipping Stocks39.06%

Price Target Trends


1M3M12M
# Anlaysts-14
Avg Price Target-$20.20$21.63
Last Closing Price$15.27$15.27$15.27
Upside/Downside-32.29%41.65%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25132--6
Dec, 24132--6
Nov, 242821-13
Oct, 243821-14
Sep, 24382--13
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 21, 2024Jorgen LianLoop Capital Markets$20.20$18.717.96%32.29%
Oct 23, 2024longer ton-milesStifel Nicolaus$21.00$19.915.47%37.52%
Oct 11, 2024Joergen LianLoop Capital Markets$19.30$21.66-10.90%26.39%
Sep 04, 2024Chris RobertsonDeutsche Bank$26.00$20.6326.03%70.27%
Dec 13, 2023Omar NoktaJefferies$24.00$20.2918.28%57.17%
Sep 22, 2023Omar NoktaJefferies$22.00$18.4319.37%44.07%
Feb 01, 2023Benjamin NolanStifel Nicolaus$32.00$22.5142.16%109.56%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Oct 11, 2024DNB MarketsHoldSelldowngrade
Sep 04, 2024Deutsche BankBuyinitialise
May 06, 2024DNB MarketsHolddowngrade
Dec 13, 2023CitigroupBuyBuyhold
Nov 10, 2023Raymond JamesStrong BuyStrong Buyhold
Oct 26, 2023JefferiesBuyBuyhold
Sep 22, 2023JefferiesBuyBuyhold
May 17, 2023BarclaysOverweightupgrade
Feb 01, 2023B. Riley SecuritiesBuyBuyhold
Sep 26, 2022JefferiesBuyBuyhold

Financial Forecast


EPS Forecast

$0 $1 $2 $3 $4 $5 $6 $7 $8 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$0.10$6.73$5.54$1.76----
Avg Forecast$0.11$6.15$5.75$1.90$2.69$2.71$3.75$4.64
High Forecast$0.09$5.12$5.41$1.62$2.65$2.46$2.57$3.96
Low Forecast$0.13$7.06$6.15$2.12$2.72$2.96$4.35$5.19
Surprise %-9.09%9.43%-3.65%-7.37%----

Revenue Forecast

$450M $650M $850M $1B $1B $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$693.24M$1.43B$1.44B$949.27M----
Avg Forecast$520.42M$1.18B$1.19B$719.27M$1.02B$1.09B$1.21B$1.15B
High Forecast$453.05M$1.03B$1.13B$712.13M$1.01B$978.82M$1.18B$1.02B
Low Forecast$579.53M$1.32B$1.25B$726.40M$1.02B$1.21B$1.24B$1.25B
Surprise %33.21%20.74%20.90%31.98%----

Net Income Forecast

$-50M $100M $250M $400M $550M $700M 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$9.66M$680.53M$566.00M$173.44M----
Avg Forecast$-10.07M$233.09M$264.94M$173.56M$265.73M$263.90M$342.36M$458.68M
High Forecast$-32.18M$186.47M$211.95M$138.84M$262.38M$243.50M$254.14M$392.10M
Low Forecast$12.03M$279.71M$317.93M$208.27M$269.08M$292.41M$430.18M$513.16M
Surprise %-195.89%191.96%113.63%-0.07%----

SBLK Forecast FAQ


Is Star Bulk Carriers stock a buy?

Star Bulk Carriers stock has a consensus rating of Buy, based on 13 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 9 Buy, 2 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Star Bulk Carriers is a favorable investment for most analysts.

What is Star Bulk Carriers's price target?

Star Bulk Carriers's price target, set by 13 Wall Street analysts, averages $22.4 over the next 12 months. The price target range spans from $20.2 at the low end to $26 at the high end, suggesting a potential 46.69% change from the previous close price of $15.27.

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

Star Bulk Carriers stock forecast shows a 46.69% upside, outperforming the average forecast for the industrials stocks sector (15.95%) and outperforming the marine shipping stocks industry (39.06%).

What is the breakdown of analyst ratings for Star Bulk Carriers over the past three months?

  • January 2025: 16.67% Strong Buy, 50.00% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 16.67% Strong Buy, 50.00% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 15.38% Strong Buy, 61.54% Buy, 15.38% Hold, 7.69% Sell, 0% Strong Sell.

What is Star Bulk Carriers’s EPS forecast?

Star Bulk Carriers's average annual EPS forecast for its fiscal year ending in December is 2.69 for 2024, a 52.84% increase from the reported $1.76 in 2023. The prediction for 2025 is $2.71, $3.75 for 2026, and $4.64 for 2027.

What is Star Bulk Carriers’s revenue forecast?

Star Bulk Carriers's average annual revenue forecast for its fiscal year ending in December is $1.02B for 2024, a 6.94% increase from the reported $949.27M in 2023. The forecast for 2025 is $1.09B, $1.21B for 2026, and $1.15B for 2027.

What is Star Bulk Carriers’s net income forecast?

For its fiscal year ending in December, Star Bulk Carriers's average annual net income forecast is $265.73M for 2024, reflecting an 53.21% increase from the reported $173.44M in 2023. The projection for 2025 is $263.9M, $342.36M for 2026, and $458.68M for 2027.