Top Ships (TOPS) Stock Forecast, Price Target & Predictions
TOPS Stock Forecast
Top Ships stock forecast is as follows: an average price target of $2.50 (represents a -68.91% downside from TOPS’s last price of $8.04) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
TOPS Price Target
TOPS Analyst Ratings
Top Ships Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Feb 22, 2023 | Tate Sullivan | Maxim Group | $2.50 | $0.76 | 228.43% | -68.91% |
Top Ships Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | - |
Avg Price Target | - | - | - |
Last Closing Price | $8.04 | $8.04 | $8.04 |
Upside/Downside | -100.00% | -100.00% | -100.00% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Feb 22, 2023 | Maxim Group | - | Buy | Upgrade |
Feb 22, 2023 | Citigroup | - | Overweight | Upgrade |
Feb 22, 2023 | Evercore ISI | - | Underperform | Downgrade |
Top Ships Financial Forecast
Top Ships Revenue Forecast
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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 | Dec 17 | Sep 17 | Jun 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | $-18.03M | - | - | - | - | - | - | - | - | - | $32.59M | - | $36.30M | - | $29.79M | - | $21.36M | - | - | - | $39.36M | - | - |
Avg Forecast | $44.18M | $42.26M | $83.20M | $42.04M | $51.43M | $212.78M | $195.90M | $167.79M | $177.30M | $193.43M | $178.09M | $152.54M | $161.18M | $175.85M | $161.90M | $138.67M | $146.53M | $159.86M | $147.18M | $126.07M | $133.21M | $145.33M | $133.80M | $114.61M | $121.10M | $132.12M | $121.64M | $104.19M | $110.09M | $120.11M |
High Forecast | $44.18M | $42.26M | $83.20M | $42.04M | $61.72M | $255.33M | $235.08M | $201.35M | $212.76M | $232.12M | $213.71M | $183.05M | $193.42M | $211.02M | $194.28M | $166.41M | $175.84M | $191.83M | $176.62M | $151.28M | $159.85M | $174.39M | $160.56M | $137.53M | $145.32M | $158.54M | $145.97M | $125.02M | $132.11M | $144.13M |
Low Forecast | $44.18M | $42.26M | $83.20M | $42.04M | $41.14M | $170.22M | $156.72M | $134.24M | $141.84M | $154.75M | $142.47M | $122.03M | $128.95M | $140.68M | $129.52M | $110.94M | $117.22M | $127.89M | $117.75M | $100.85M | $106.57M | $116.26M | $107.04M | $91.68M | $96.88M | $105.69M | $97.31M | $83.35M | $88.07M | $96.09M |
# Analysts | - | - | 1 | 1 | 10 | 18 | 16 | 19 | 17 | 18 | 20 | 12 | 12 | 15 | 15 | 18 | 19 | 17 | 15 | 15 | 18 | 19 | 17 | 19 | 15 | 13 | 20 | 20 | 19 | 14 |
Surprise % | - | - | - | - | - | - | - | -0.11% | - | - | - | - | - | - | - | - | - | 0.20% | - | 0.29% | - | 0.20% | - | 0.19% | - | - | - | 0.38% | - | - |
Top Ships EBITDA Forecast
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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 | Dec 17 | Sep 17 | Jun 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | 1 | 1 | 10 | 18 | 16 | 19 | 17 | 18 | 20 | 12 | 12 | 15 | 15 | 18 | 19 | 17 | 15 | 15 | 18 | 19 | 17 | 19 | 15 | 13 | 20 | 20 | 19 | 14 |
EBITDA | - | - | - | - | - | - | - | $23.49M | - | - | - | - | - | - | - | - | - | $-14.07M | - | $-23.74M | - | $-6.60M | - | $-9.39M | - | - | - | $-29.51M | - | - |
Avg Forecast | $18.33M | $17.53M | $48.58M | $17.44M | $16.73M | $104.54M | $44.16M | $101.90M | $102.74M | $95.04M | $40.15M | $92.64M | $93.40M | $86.40M | $36.50M | $84.22M | $84.91M | $78.54M | $33.18M | $76.56M | $77.19M | $71.40M | $30.16M | $69.60M | $70.17M | $64.91M | $27.42M | $63.27M | $63.79M | $59.01M |
High Forecast | $18.33M | $17.53M | $58.29M | $17.44M | $20.08M | $125.45M | $53.00M | $122.29M | $123.29M | $114.04M | $48.18M | $111.17M | $112.08M | $103.67M | $43.80M | $101.06M | $101.89M | $94.25M | $39.82M | $91.88M | $92.63M | $85.68M | $36.20M | $83.52M | $84.21M | $77.89M | $32.91M | $75.93M | $76.55M | $70.81M |
Low Forecast | $18.33M | $17.53M | $38.86M | $17.44M | $13.38M | $83.63M | $35.33M | $81.52M | $82.19M | $76.03M | $32.12M | $74.11M | $74.72M | $69.12M | $29.20M | $67.38M | $67.93M | $62.83M | $26.54M | $61.25M | $61.75M | $57.12M | $24.13M | $55.68M | $56.14M | $51.93M | $21.94M | $50.62M | $51.04M | $47.21M |
Surprise % | - | - | - | - | - | - | - | 0.23% | - | - | - | - | - | - | - | - | - | -0.18% | - | -0.31% | - | -0.09% | - | -0.13% | - | - | - | -0.47% | - | - |
Top Ships Net Income Forecast
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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 | Dec 17 | Sep 17 | Jun 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | 1 | 1 | 10 | 18 | 16 | 19 | 17 | 18 | 20 | 12 | 12 | 15 | 15 | 18 | 19 | 17 | 15 | 15 | 18 | 19 | 17 | 19 | 15 | 13 | 20 | 20 | 19 | 14 |
Net Income | - | - | - | - | - | - | - | $76.45M | - | - | - | - | - | - | - | - | - | $-2.87M | - | $-14.14M | - | $-628.00K | - | $-4.80M | - | - | - | $-13.40M | - | - |
Avg Forecast | $7.13M | $2.62M | $3.31M | $2.14M | $8.93M | $-17.31M | $3.01M | $67.93M | $8.12M | $-15.74M | $2.74M | $61.75M | $7.38M | $-14.31M | $2.49M | $56.14M | $6.71M | $-13.01M | $2.26M | $51.03M | $6.10M | $-11.82M | $2.06M | $46.39M | $5.54M | $-10.75M | $1.87M | $42.18M | $5.04M | $-9.77M |
High Forecast | $7.13M | $2.62M | $3.98M | $2.14M | $10.71M | $-13.85M | $3.61M | $81.51M | $9.74M | $-12.59M | $3.29M | $74.10M | $8.86M | $-11.45M | $2.99M | $67.36M | $8.05M | $-10.41M | $2.72M | $61.24M | $7.32M | $-9.46M | $2.47M | $55.67M | $6.65M | $-8.60M | $2.24M | $50.61M | $6.05M | $-7.82M |
Low Forecast | $7.13M | $2.62M | $2.65M | $2.14M | $7.14M | $-20.78M | $2.41M | $54.34M | $6.49M | $-18.89M | $2.19M | $49.40M | $5.90M | $-17.17M | $1.99M | $44.91M | $5.37M | $-15.61M | $1.81M | $40.83M | $4.88M | $-14.19M | $1.65M | $37.12M | $4.44M | $-12.90M | $1.50M | $33.74M | $4.03M | $-11.73M |
Surprise % | - | - | - | - | - | - | - | 1.13% | - | - | - | - | - | - | - | - | - | 0.22% | - | -0.28% | - | 0.05% | - | -0.10% | - | - | - | -0.32% | - | - |
Top Ships SG&A Forecast
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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 | Dec 17 | Sep 17 | Jun 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | 1 | 1 | 10 | 18 | 16 | 19 | 17 | 18 | 20 | 12 | 12 | 15 | 15 | 18 | 19 | 17 | 15 | 15 | 18 | 19 | 17 | 19 | 15 | 13 | 20 | 20 | 19 | 14 |
SG&A | - | - | - | - | - | - | - | $-83.69M | - | - | - | - | - | - | - | - | - | $23.05M | - | $40.02M | - | $22.24M | - | $21.23M | - | - | - | $36.75M | - | - |
Avg Forecast | $5.64M | $5.39M | $18.94M | $5.37M | $8.01M | $71.47M | $17.22M | $18.35M | $59.73M | $64.97M | $15.66M | $16.68M | $54.30M | $59.06M | $14.23M | $15.17M | $49.36M | $53.69M | $12.94M | $13.79M | $44.88M | $48.81M | $11.76M | $12.53M | $40.80M | $44.37M | $10.69M | $11.39M | $37.09M | $40.34M |
High Forecast | $5.64M | $5.39M | $22.73M | $5.37M | $9.61M | $85.76M | $20.66M | $22.02M | $71.68M | $77.96M | $18.79M | $20.02M | $65.16M | $70.87M | $17.08M | $18.20M | $59.24M | $64.43M | $15.53M | $16.54M | $53.85M | $58.57M | $14.11M | $15.04M | $48.96M | $53.25M | $12.83M | $13.67M | $44.51M | $48.41M |
Low Forecast | $5.64M | $5.39M | $15.15M | $5.37M | $6.40M | $57.17M | $13.78M | $14.68M | $47.78M | $51.97M | $12.52M | $13.35M | $43.44M | $47.25M | $11.39M | $12.13M | $39.49M | $42.95M | $10.35M | $11.03M | $35.90M | $39.05M | $9.41M | $10.03M | $32.64M | $35.50M | $8.55M | $9.12M | $29.67M | $32.27M |
Surprise % | - | - | - | - | - | - | - | -4.56% | - | - | - | - | - | - | - | - | - | 0.43% | - | 2.90% | - | 0.46% | - | 1.69% | - | - | - | 3.23% | - | - |
Top Ships EPS Forecast
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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 | Dec 17 | Sep 17 | Jun 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | 1 | 1 | 10 | 18 | 16 | 19 | 17 | 18 | 20 | 12 | 12 | 15 | 15 | 18 | 19 | 17 | 15 | 15 | 18 | 19 | 17 | 19 | 15 | 13 | 20 | 20 | 19 | 14 |
EPS | - | - | - | - | - | - | - | $7.43 | - | - | - | - | - | - | - | - | - | $-12.63 | - | $-62.28 | - | $-9.57 | - | $-92.51 | - | - | - | $-5.04K | - | - |
Avg Forecast | $1.54 | $0.57 | $1.58 | $0.46 | $1.39 | $1.19 | $1.43 | $1.95 | $1.27 | $1.15 | $1.43 | $1.89 | $1.25 | $1.01 | $49.67M | $14.26B | $102.89M | $147.82M | $45.16M | $12.97B | $93.53M | $134.38M | $41.05M | $11.79B | $85.03M | $122.16M | $37.32M | $10.72B | $77.30M | $111.06M |
High Forecast | $1.54 | $0.57 | $1.58 | $0.46 | $1.75 | $1.19 | $1.43 | $1.95 | $1.27 | $1.15 | $1.80 | $2.38 | $1.57 | $1.27 | $59.61M | $17.12B | $123.46M | $177.38M | $54.19M | $15.56B | $112.24M | $161.25M | $49.26M | $14.14B | $102.04M | $146.59M | $44.78M | $12.86B | $92.76M | $133.27M |
Low Forecast | $1.54 | $0.57 | $1.58 | $0.46 | $1.03 | $1.19 | $1.43 | $1.95 | $1.27 | $1.15 | $1.06 | $1.40 | $0.92 | $0.75 | $39.74M | $11.41B | $82.31M | $118.25M | $36.13M | $10.37B | $74.83M | $107.50M | $32.84M | $9.43B | $68.02M | $97.73M | $29.86M | $8.57B | $61.84M | $88.84M |
Surprise % | - | - | - | - | - | - | - | 3.80% | - | - | - | - | - | - | - | - | - | -0.00% | - | -0.00% | - | -0.00% | - | -0.00% | - | - | - | -0.00% | - | - |
TOPS Forecast FAQ
Is Top Ships a good buy?
Yes, according to 2 Wall Street analysts, Top Ships (TOPS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of TOPS's total ratings.
What is TOPS's price target?
Top Ships (TOPS) average price target is $2.5 with a range of $2.5 to $2.5, implying a -68.91% from its last price of $8.04. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Top Ships stock go up soon?
According to Wall Street analysts' prediction for TOPS stock, the company can go down by -68.91% (from the last price of $8.04 to the average price target of $2.5), down by -68.91% based on the highest stock price target, and down by -68.91% based on the lowest stock price target.
Can Top Ships stock reach $12?
TOPS's average twelve months analyst stock price target of $2.5 does not support the claim that Top Ships can reach $12 in the near future.
What are Top Ships's analysts' financial forecasts?
TOPS's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $502.15M (high $594.17M, low $410.13M), average EBITDA is $182.88M (high $215.96M, low $149.79M), average net income is $-3.234M (high $2.62M, low $-9.085M), average SG&A $102.06M (high $121.4M, low $82.72M), and average EPS is $4.47 (high $4.83, low $4.11).
Did the TOPS's actual financial results beat the analysts' financial forecasts?
Based on Top Ships's last annual report (Dec 2022), the company's revenue was $80.66M, which missed the average analysts forecast of $716.62M by -88.74%. Apple's EBITDA was $33.24M, missing the average prediction of $339.83M by -90.22%. The company's net income was $40.89M, missing the average estimation of $63.04M by -35.14%. Apple's SG&A was $1.62M, missing the average forecast of $158.71M by -98.98%. Lastly, the company's EPS was $3.97, missing the average prediction of $5.81 by -31.65%. In terms of the last quarterly report (Dec 2022), Top Ships's revenue was $-18.026M, missing the average analysts' forecast of $167.79M by -110.74%. The company's EBITDA was $23.49M, missing the average prediction of $101.9M by -76.95%. Top Ships's net income was $76.45M, beating the average estimation of $67.93M by 12.55%. The company's SG&A was $-83.691M, missing the average forecast of $18.35M by -556.07%. Lastly, the company's EPS was $7.43, beating the average prediction of $1.95 by 280.26%