Golden Ocean Group Limited (GOGL)
NASDAQ: GOGL · Real-Time Price · USD
7.90
+0.42 (5.61%)
At close: May 12, 2025, 4:00 PM
7.89
-0.01 (-0.13%)
After-hours: May 12, 2025, 7:02 PM EDT
Golden Ocean Group Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Golden Ocean Group stock have an average target of 10.25, with a low estimate of 8.00 and a high estimate of 12.5. The average target predicts an increase of 29.75% from the current stock price of 7.90.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Golden Ocean Group stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $10 → $8 | Hold | Maintains | $10 → $8 | +1.27% | Apr 23, 2025 |
| Jefferies | Jefferies | Hold Maintains $10 | Hold | Maintains | $10 | +26.58% | Feb 26, 2025 |
| Jefferies | Jefferies | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | +51.90% | Nov 27, 2024 |
| Pareto Securities | Pareto Securities | Strong Buy → Hold Downgrades $13 | Strong Buy → Hold | Downgrades | $13 | +58.23% | Nov 21, 2024 |
| Jefferies | Jefferies | Hold Maintains $16 → $15 | Hold | Maintains | $16 → $15 | +83.54% | Aug 28, 2024 |
Financial Forecast
Revenue This Year
735.39M
from 968.42M
Decreased by -24.06%
Revenue Next Year
855.98M
from 735.39M
Increased by 16.40%
EPS This Year
0.86
from 1.12
Decreased by -23.26%
EPS Next Year
1.42
from 0.86
Increased by 65.68%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 795.9M | 994.4M | 1.0B |
| Avg | 735.4M | 856.0M | 921.6M |
| Low | 673.3M | 711.7M | 800.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -17.8% | 35.2% | 21.5% |
| Avg | -24.1% | 16.4% | 7.7% |
| Low | -30.5% | -3.2% | -6.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.11 | 2.32 | 2.67 |
| Avg | 0.86 | 1.42 | 1.98 |
| Low | 0.59 | 0.99 | 1.31 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -0.3% | 170.8% | 87.9% |
| Avg | -23.3% | 65.7% | 39.2% |
| Low | -47.3% | 15.5% | -7.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.