Sable Offshore (SOC) Stock Forecast, Price Target & Predictions
SOC Stock Forecast
Sable Offshore stock forecast is as follows: an average price target of $127.00 (represents a 392.82% upside from SOC’s last price of $25.77) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
SOC Price Target
The average price target for Sable Offshore (SOC) is $127.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $222.00 to $32.00. This represents a potential 392.82% upside from SOC's last price of $25.77.
SOC Analyst Ratings
According to 4 Wall Street analysts, Sable Offshore's rating consensus is 'Buy'. The analyst rating breakdown for SOC stock is 0 'Strong Buy' (0.00%), 3 'Buy' (75.00%), 1 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Sable Offshore Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 03, 2024 | Lloyd Byrne | Jefferies | $32.00 | $23.43 | 36.58% | 24.18% |
| Aug 13, 2024 | Lloyd Byrne | Jefferies | $19.00 | $14.19 | 33.90% | -26.27% |
| Nov 29, 2023 | Gabriela Borges | Goldman Sachs | $222.00 | $10.60 | 1994.34% | 761.47% |
The latest Sable Offshore stock forecast, released on Sep 03, 2024 by Lloyd Byrne from Jefferies, set a price target of $32.00, which represents a 36.58% increase from the stock price at the time of the forecast ($23.43), and a 24.18% increase from SOC last price ($25.77).
Sable Offshore Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 3 |
| Avg Price Target | $32.00 | $25.50 | $91.00 |
| Last Closing Price | $25.77 | $25.77 | $25.77 |
| Upside/Downside | 24.18% | -1.05% | 253.12% |
In the current month, the average price target of Sable Offshore stock is $32.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 24.18% increase as opposed to Sable Offshore's last price of $25.77. This month's average price target is up 25.49% compared to last quarter, and down -64.84% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 03, 2024 | Jefferies | Buy | Buy | Hold |
| Aug 13, 2024 | Jefferies | - | Buy | Initialise |
| Jul 17, 2024 | Benchmark | - | Buy | Initialise |
| Dec 22, 2023 | William Blair | Market Perform | Market Perform | Hold |
| Nov 29, 2023 | Needham | Buy | Buy | Hold |
Sable Offshore's last stock rating was published by Jefferies on Sep 03, 2024. The company gave SOC a "Buy" rating, the same as its previous rate.
Sable Offshore Financial Forecast
Sable Offshore Revenue Forecast
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Sable Offshore's average Quarter revenue forecast for undefined based on undefined analysts is $NaN, with a low forecast of $NaN, and a high forecast of $NaN. SOC's average Quarter revenue forecast represents a NaN% decrease compared to the company's last Quarter revenue of $NaN (undefined).
Sable Offshore EBITDA Forecast
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undefined analysts predict SOC's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Sable Offshore's previous annual EBITDA (undefined) of $NaN.
Sable Offshore Net Income Forecast
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Sable Offshore's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. SOC's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Sable Offshore SG&A Forecast
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Sable Offshore's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to SOC last annual SG&A of $NaN (undefined).
Sable Offshore EPS Forecast
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According to undefined Wall Street analysts, Sable Offshore's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to SOC previous annual EPS of $NaN (undefined).
SOC Forecast FAQ
Is Sable Offshore a good buy?
Yes, according to 4 Wall Street analysts, Sable Offshore (SOC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 75.00% of SOC's total ratings.
What is SOC's price target?
Sable Offshore (SOC) average price target is $127 with a range of $32 to $222, implying a 392.82% from its last price of $25.77. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Sable Offshore stock go up soon?
According to Wall Street analysts' prediction for SOC stock, the company can go up by 392.82% (from the last price of $25.77 to the average price target of $127), up by 761.47% based on the highest stock price target, and up by 24.18% based on the lowest stock price target.
Can Sable Offshore stock reach $40?
SOC's average twelve months analyst stock price target of $127 supports the claim that Sable Offshore can reach $40 in the near future.
What is Sable Offshore's current price target trend?
1 Wall Street analyst forecast a $32 price target for Sable Offshore (SOC) this month, up 24.18% from its last price of $25.77. Compared to the last 3 and 12 months, the average price target decreased by -1.05% and increased by 253.12%, respectively.