
Ardmore Shipping (ASC) Stock Forecast & Price Target
Ardmore Shipping (ASC) Analyst Ratings
Bulls say
Ardmore Shipping Corp is poised for enhanced earnings power driven by increasing OPEC+ volumes and improved refinery profitability, which are expected to positively impact the financial performance in the near future. The addition of three new vessels is projected to provide further earnings accretion, resulting in a notable increase in the estimated earnings per share (EPS) for 2026, with an increase of $0.16 per share based on market rate assumptions. Additionally, the expansion of its fleet to 25 ships, which includes mid-size product and chemical tankers, is likely to strengthen Ardmore Shipping's competitive positioning within the seaborne transportation sector.
Bears say
The financial outlook for Ardmore Shipping appears negative due to the volatility in charter rates, which are sensitive to fluctuations in oil volumes in the market. Additionally, the company's performance may be adversely affected by rising interest rates, as such conditions tend to drive down ship values, impacting overall asset quality. Furthermore, the current consensus earnings forecast of $0.14 is considered conservative and may not fully reflect potential underlying challenges, suggesting that the company's earnings revisions may not lead to a positive turnaround.
This aggregate rating is based on analysts' research of Ardmore Shipping and is not a guaranteed prediction by Public.com or investment advice.
Ardmore Shipping (ASC) Analyst Forecast & Price Prediction
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