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Scorpio Tankers (STNG) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

STNG Stock Forecast

Scorpio Tankers stock forecast is as follows: an average price target of $72.75 (represents a 53.19% upside from STNG’s last price of $47.49) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.

STNG Price Target

The average price target for Scorpio Tankers (STNG) is $72.75 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $80.00 to $65.00. This represents a potential 53.19% upside from STNG's last price of $47.49.

STNG Analyst Ratings

Buy

According to 10 Wall Street analysts, Scorpio Tankers's rating consensus is 'Buy'. The analyst rating breakdown for STNG 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%).

Scorpio Tankers Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 29, 2024Chris RobertsonDeutsche Bank$80.00$59.3234.86%68.46%
Oct 23, 2024Benjamin NolanStifel Nicolaus$65.00$64.760.37%36.87%
Sep 20, 2024Frederik MessSEB Enskilda$73.00$70.473.59%53.72%
Sep 10, 2024Ken HoexterBank of America Securities$73.00$66.3010.11%53.72%
Jul 30, 2024Chris RobertsonDeutsche Bank$89.00$76.8715.78%87.41%
Jun 17, 2024Omar NoktaJefferies$90.00$76.5017.64%89.51%
May 09, 2024Chris RobertsonDeutsche Bank$87.00$76.7513.36%83.20%
Apr 29, 2022H.C. Wainwright$38.00$24.6853.97%-19.98%
Apr 28, 2022Jefferies$29.00$24.7017.41%-38.93%

The latest Scorpio Tankers stock forecast, released on Oct 29, 2024 by Chris Robertson from Deutsche Bank, set a price target of $80.00, which represents a 34.86% increase from the stock price at the time of the forecast ($59.32), and a 68.46% increase from STNG last price ($47.49).

Scorpio Tankers Price Target by Period

1M3M12M
# Anlaysts-37
Avg Price Target-$72.67$79.57
Last Closing Price$47.49$47.49$47.49
Upside/Downside-100.00%53.02%67.55%

In the current month, the average price target of Scorpio Tankers stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Scorpio Tankers's last price of $47.49. 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 29, 2024Deutsche BankBuyBuyHold
Sep 10, 2024Bank of America SecuritiesNeutralNeutralHold
Jul 30, 2024Burrill & CompanyBuyBuyHold
Jul 30, 2024Deutsche BankBuyBuyHold
Jul 23, 2024JefferiesBuyBuyHold
Jul 23, 2024Evercore ISIUnderperformUnderperformHold
Jul 23, 2024Evercore ISIOutperformOutperformHold
Jun 17, 2024JefferiesBuyBuyHold
May 09, 2024Deutsche BankBuyBuyHold
Jun 29, 2023Deutsche BankHoldBuyUpgrade
Nov 29, 2022JefferiesBuyBuyHold
Nov 01, 2022BTIGBuyBuyHold
Oct 11, 2022Wells FargoEqual-WeightDowngrade
Oct 11, 2022BenchmarkBuyUpgrade
Oct 11, 2022Credit SuisseNeutralDowngrade
Oct 11, 2022Deutsche BankHoldUpgrade
Jun 16, 2022B. RileyBuyBuyHold
Apr 29, 2022B. Riley SecuritiesBuyBuyHold
Apr 28, 2022JefferiesBuyBuyHold

Scorpio Tankers's last stock rating was published by Deutsche Bank on Oct 29, 2024. The company gave STNG a "Buy" rating, the same as its previous rate.

Scorpio Tankers Financial Forecast

Scorpio Tankers Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 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 20
Revenue-------------------$384.43M$493.72M$490.00M$405.07M$174.05M$147.91M$119.27M$139.44M$134.16M$138.24M$177.25M
Avg Forecast$310.15M$306.68M$303.26M$299.87M$294.38M$218.70M$246.86M$288.26M$284.59M$237.50M$267.94M$289.27M$254.72M$267.91M$368.62M$383.01M$335.70M$277.96M$338.26M$388.49M$452.58M$432.39M$350.82M$156.97M$149.07M$123.11M$145.76M$134.34M$142.49M$180.34M
High Forecast$359.89M$355.87M$351.89M$347.96M$341.59M$253.77M$286.45M$334.49M$330.24M$275.59M$310.91M$335.66M$271.93M$310.88M$368.62M$383.01M$343.55M$300.28M$392.51M$450.80M$525.17M$432.39M$350.82M$156.97M$149.07M$123.11M$145.76M$134.34M$142.49M$180.34M
Low Forecast$283.42M$280.25M$277.12M$274.02M$269.01M$199.85M$225.59M$263.42M$260.07M$217.04M$244.85M$264.34M$227.40M$244.82M$368.62M$383.01M$317.23M$251.46M$309.11M$355.01M$413.58M$432.39M$350.82M$156.97M$149.07M$123.11M$145.76M$134.34M$142.49M$180.34M
# Analysts111111111113634451159544755107516
Surprise %-------------------0.99%1.09%1.13%1.15%1.11%0.99%0.97%0.96%1.00%0.97%0.98%

Scorpio Tankers's average Quarter revenue forecast for Jun 23 based on 5 analysts is $338.26M, with a low forecast of $309.11M, and a high forecast of $392.51M. STNG's average Quarter revenue forecast represents a -12.01% decrease compared to the company's last Quarter revenue of $384.43M (Mar 23).

Scorpio Tankers EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 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 20
# Analysts111111111113634451159544755107516
EBITDA-------------------$286.75M$300.48M$356.72M$274.87M$75.12M$41.25M$22.66M$37.53M$32.30M$17.53M$73.86M
Avg Forecast$162.41M$160.60M$158.80M$157.03M$154.15M$114.52M$129.27M$150.95M$149.03M$124.37M$140.31M$151.48M$133.38M$140.29M$193.03M$43.79M$175.79M$145.55M$177.13M$39.81M$58.38M$232.91M$188.97M$36.19M$80.30M$66.31M$78.51M$32.90M$76.75M$97.14M
High Forecast$188.46M$186.35M$184.27M$182.21M$178.88M$132.89M$150.00M$175.16M$172.93M$144.32M$162.81M$175.77M$142.40M$162.79M$193.03M$52.55M$179.90M$157.24M$205.54M$47.77M$70.06M$232.91M$188.97M$43.43M$80.30M$66.31M$78.51M$39.48M$76.75M$97.14M
Low Forecast$148.41M$146.76M$145.12M$143.49M$140.87M$104.65M$118.13M$137.94M$136.19M$113.65M$128.22M$138.42M$119.08M$128.20M$193.03M$35.03M$166.12M$131.68M$161.87M$31.85M$46.71M$232.91M$188.97M$28.95M$80.30M$66.31M$78.51M$26.32M$76.75M$97.14M
Surprise %-------------------7.20%5.15%1.53%1.45%2.08%0.51%0.34%0.48%0.98%0.23%0.76%

5 analysts predict STNG's average Quarter EBITDA for Jun 23 to be $177.13M, with a high of $205.54M and a low of $161.87M. This is -38.23% lower than Scorpio Tankers's previous annual EBITDA (Mar 23) of $286.75M.

Scorpio Tankers Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 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 20
# Analysts111111111113634451159544755107516
Net Income-------------------$193.24M$264.40M$266.17M$191.13M$-152.19M$-73.14M$-73.27M$-52.78M$-62.39M$-76.26M$-20.18M
Avg Forecast$141.68M$139.89M$134.52M$130.19M$136.96M$97.43M$109.38M$127.71M$133.18M$76.67M$103.12M$121.64M$84.14M$79.99M$176.60M$-84.60M$131.39M$76.86M$124.33M$-76.91M$-51.22M$214.97M$150.02M$-69.92M$-41.97M$-66.69M$-47.95M$-63.56M$-54.87M$-21.94M
High Forecast$171.22M$169.05M$162.57M$157.33M$165.51M$117.74M$132.18M$154.34M$160.94M$92.65M$124.62M$147.00M$144.60M$81.33M$176.61M$-67.68M$141.39M$91.52M$150.25M$-61.53M$-40.98M$214.97M$150.02M$-55.93M$-41.97M$-66.69M$-47.95M$-50.85M$-54.87M$-21.94M
Low Forecast$125.81M$124.21M$119.45M$115.61M$121.61M$86.51M$97.12M$113.40M$118.25M$68.08M$91.57M$108.01M$50.38M$78.65M$176.59M$-101.52M$106.41M$46.52M$110.40M$-92.29M$-61.47M$214.97M$150.02M$-83.90M$-41.97M$-66.69M$-47.95M$-76.27M$-54.87M$-21.94M
Surprise %--------------------2.51%-5.16%1.24%1.27%2.18%1.74%1.10%1.10%0.98%1.39%0.92%

Scorpio Tankers's average Quarter net income forecast for Jun 23 is $124.33M, with a range of $110.40M to $150.25M. STNG's average Quarter net income forecast represents a -35.66% decrease compared to the company's last Quarter net income of $193.24M (Mar 23).

Scorpio Tankers SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 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 20
# Analysts111111111113634451159544755107516
SG&A-------------------$22.27M$26.38M$26.49M$22.80M$12.45M$12.81M$13.05M$13.32M$13.56M$14.32M$15.86M
Avg Forecast$24.43M$24.16M$23.89M$23.62M$23.19M$17.23M$19.45M$22.71M$22.42M$18.71M$21.11M$22.79M$20.06M$21.10M$29.04M$18.39M$26.44M$21.90M$26.65M$16.71M$14.26M$34.06M$27.63M$15.19M$11.74M$9.70M$11.48M$13.81M$11.22M$14.21M
High Forecast$28.35M$28.03M$27.72M$27.41M$26.91M$19.99M$22.56M$26.35M$26.01M$21.71M$24.49M$26.44M$21.42M$24.49M$29.04M$22.06M$27.06M$23.65M$30.92M$20.06M$17.12M$34.06M$27.63M$18.23M$11.74M$9.70M$11.48M$16.58M$11.22M$14.21M
Low Forecast$22.33M$22.08M$21.83M$21.59M$21.19M$15.74M$17.77M$20.75M$20.49M$17.10M$19.29M$20.82M$17.91M$19.29M$29.04M$14.71M$24.99M$19.81M$24.35M$13.37M$11.41M$34.06M$27.63M$12.16M$11.74M$9.70M$11.48M$11.05M$11.22M$14.21M
Surprise %-------------------1.33%1.85%0.78%0.83%0.82%1.09%1.35%1.16%0.98%1.28%1.12%

Scorpio Tankers's average Quarter SG&A projection for Jun 23 is $26.65M, based on 5 Wall Street analysts, with a range of $24.35M to $30.92M. The forecast indicates a 19.64% rise compared to STNG last annual SG&A of $22.27M (Mar 23).

Scorpio Tankers EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 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 20
# Analysts111111111113634451159544755107516
EPS-------------------$3.40$4.74$4.84$3.44$-2.75$-1.32$-1.34$-0.97$-1.15$-1.41$-0.33
Avg Forecast$2.83$2.79$2.68$2.60$2.73$1.94$2.18$2.55$2.66$1.53$2.06$2.43$1.68$1.59$3.52$3.68$2.62$1.53$2.48$3.15$4.34$4.11$2.87$-0.58$-0.80$-1.27$-0.92$-1.14$-1.05$-0.42
High Forecast$3.41$3.37$3.24$3.14$3.30$2.35$2.64$3.08$3.21$1.85$2.48$2.93$2.88$1.62$3.52$3.68$2.82$1.82$3.00$3.81$5.24$4.11$2.87$-0.58$-0.80$-1.27$-0.92$-1.14$-1.05$-0.42
Low Forecast$2.51$2.48$2.38$2.31$2.42$1.73$1.94$2.26$2.36$1.36$1.83$2.15$1.00$1.57$3.52$3.68$2.12$0.93$2.20$2.80$3.85$4.11$2.87$-0.58$-0.80$-1.27$-0.92$-1.14$-1.05$-0.42
Surprise %-------------------1.08%1.09%1.18%1.20%4.72%1.65%1.05%1.06%1.01%1.35%0.78%

According to 5 Wall Street analysts, Scorpio Tankers's projected average Quarter EPS for Jun 23 is $2.48, with a low estimate of $2.20 and a high estimate of $3.00. This represents a -27.09% decrease compared to STNG previous annual EPS of $3.40 (Mar 23).

Scorpio Tankers Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
TRMDTORM$18.29$45.00146.04%Buy
TNKTeekay Tankers$37.84$76.00100.85%Buy
FROFrontline$13.83$27.5098.84%Buy
INSWInternational Seaways$33.28$56.0068.27%Buy
DHTDHT$9.00$14.5061.11%Buy
STNGScorpio Tankers$47.15$72.7554.29%Buy
NVGSNavigator$14.87$22.0047.95%Buy

STNG Forecast FAQ

Is Scorpio Tankers a good buy?

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

What is STNG's price target?

Scorpio Tankers (STNG) average price target is $72.75 with a range of $65 to $80, implying a 53.19% from its last price of $47.49. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Scorpio Tankers stock go up soon?

According to Wall Street analysts' prediction for STNG stock, the company can go up by 53.19% (from the last price of $47.49 to the average price target of $72.75), up by 68.46% based on the highest stock price target, and up by 36.87% based on the lowest stock price target.

Can Scorpio Tankers stock reach $70?

STNG's average twelve months analyst stock price target of $72.75 supports the claim that Scorpio Tankers can reach $70 in the near future.

What are Scorpio Tankers's analysts' financial forecasts?

Scorpio Tankers's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.05B (high $1.22B, low $957.87M), average EBITDA is $548.9M (high $636.93M, low $501.59M), average net income is $471.47M (high $569.77M, low $418.65M), average SG&A $82.57M (high $95.81M, low $75.45M), and average EPS is $9.4 (high $11.36, low $8.35). STNG's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $1.22B (high $1.42B, low $1.11B), average EBITDA is $638.84M (high $741.29M, low $583.78M), average net income is $546.28M (high $660.18M, low $485.08M), average SG&A $96.1M (high $111.51M, low $87.82M), and average EPS is $10.89 (high $13.16, low $9.67).

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

Based on Scorpio Tankers's last annual report (Dec 2022), the company's revenue was $1.56B, beating the average analysts forecast of $1.39B by 12.21%. Apple's EBITDA was $1.07B, beating the average prediction of $516.45M by 106.73%. The company's net income was $637.25M, beating the average estimation of $243.85M by 161.32%. Apple's SG&A was $88.13M, missing the average forecast of $91.15M by -3.32%. Lastly, the company's EPS was $11.65, beating the average prediction of $10.73 by 8.61%. In terms of the last quarterly report (Mar 2023), Scorpio Tankers's revenue was $384.43M, missing the average analysts' forecast of $388.49M by -1.05%. The company's EBITDA was $286.75M, beating the average prediction of $39.81M by 620.28%. Scorpio Tankers's net income was $193.24M, missing the average estimation of $-76.908M by -351.26%. The company's SG&A was $22.27M, beating the average forecast of $16.71M by 33.25%. Lastly, the company's EPS was $3.4, beating the average prediction of $3.15 by 7.82%