
Teekay Tankers (TNK) Stock Forecast & Price Target
Teekay Tankers (TNK) Analyst Ratings
Bulls say
Teekay Tankers Ltd is poised for significant earnings growth, with an anticipated rise in its 2026 earnings per share (EPS) projected to reach $10.90, driven by robust spot rate forecasts averaging $45,000 per day. The company's recent performance has been bolstered by a surge in spot rates, particularly for Suezmax vessels, which have reached new highs and are expected to positively impact earnings in the forthcoming quarters. Furthermore, Teekay Tankers maintains a strong financial position with a growing cash balance, currently at $775 million, and a valuation that reflects approximately 90% of its net asset value, indicating potential for further upside.
Bears say
Teekay Tankers Ltd faces a negative outlook primarily due to the volatility of oil volumes, which could significantly impact charter rates and create uncertainty in revenue generation. The company's financials indicate a concerning trend of lower valuations compared to peers, with a price-to-earnings ratio of 5.9x for 2026, which does not account for potential acquisition opportunities that typically command a premium in the market. Additionally, the adjusted EBITDA of $64.3 million fell short of expectations, suggesting challenges in achieving financial targets in a competitive environment.
This aggregate rating is based on analysts' research of Teekay Tankers and is not a guaranteed prediction by Public.com or investment advice.
Teekay Tankers (TNK) Analyst Forecast & Price Prediction
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