EURONAV NV (EURN) Forecast, Price Target & Analyst Ratings

NYSE:EURN • BE0003816338

Current stock price

16.31 USD
0 (0%)
At close:
16.56 USD
+0.25 (+1.53%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for EURONAV NV (EURN).

Forecast Snapshot

Consensus Price Target

Price Target
$18.38
+ 12.67% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Aug 8, 2024
Period
Q2 / 2024
EPS Estimate
$0.33
Revenue Estimate
205.6M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
76.67%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$18.38
Upside
+ 12.67%
From current price of $16.31 to mean target of $18.38, Based on 12 analyst forecasts
Low
$15.87
Median
$17.43
High
$25.04

Price Target Revisions

1 Month
0.52%
3 Months
-8.32%

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for EURN. The average price target is 18.38 USD. This implies a price increase of 12.67% is expected in the next year compared to the current price of 16.31.
The average price target has been revised downward by 8.32% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

EURN Current Analyst RatingEURN Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

EURN Historical Analyst RatingsEURN Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15

Analyst Ratings Consensus

ChartMill Buy Consensus
76.67%
EURN was analyzed by 12 analysts. The buy percentage consensus is at 77. So analysts seem to be have mildly positive about EURN.
In the previous month the buy percentage consensus was at a similar level.
EURN was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2024-05-08JefferiesMaintains Hold -> Hold
2024-02-23JP MorganMaintains Neutral -> Neutral
2024-02-06Deutsche BankDowngrade Buy -> Hold
2024-01-31JefferiesDowngrade Buy -> Hold
2023-10-31JP MorganDowngrade Overweight -> Neutral
2023-10-24Evercore ISI GroupDowngrade Outperform -> In-Line
2023-10-10StifelDowngrade Buy -> Hold
2023-10-10CitigroupDowngrade Buy -> Neutral
2023-10-10JefferiesMaintains Buy -> Buy
2023-10-06JP MorganMaintains Overweight -> Overweight
2023-09-29JefferiesReiterate Buy -> Buy
2023-08-15JP MorganInitiate Overweight
2023-05-12Deutsche BankUpgrade Hold -> Buy
2023-05-11JefferiesReiterate Buy -> Buy
2023-04-25StifelUpgrade Hold -> Buy
2023-03-23JefferiesReiterate Buy
2023-03-21JefferiesReiterate Buy
2023-02-27JefferiesMaintains Buy
2023-01-12Deutsche BankMaintains Buy
2023-01-11JonesTradingUpgrade Hold -> Buy
2023-01-10StifelDowngrade Buy -> Hold
2022-11-29JefferiesMaintains Buy
2022-10-27BTIGDowngrade Buy -> Neutral
2022-09-06Deutsche BankMaintains Buy
2022-09-06JefferiesUpgrade Hold -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Aug 8, 2024
Period
Q2 / 2024
EPS Estimate
$0.33
Revenue Estimate
205.6M
Revenue Q2Q
-40.95%
EPS Q2Q
-58.46%
Number of Analysts
8

Next Earnings Revisions

Revenue (1 Month)
2.60%
Revenue (3 Months)
-6.36%
EPS (1 Month)
0.00%
EPS (3 Months)
-20.61%

Next Earnings Summary

EURN is expected to report earnings on 8/8/2024. The consensus EPS estimate for the next earnings is 0.33 USD and the consensus revenue estimate is 205.60M USD.
The next earnings revenue estimate has been revised downward by 6.36% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2024 - 2026

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2021 2022 2023 2024 2025 2026
Revenue
YoY % growth
EURN revenue by date.EURN revenue by date.
419.77M
-65.32%		854.669M
103.60%		1.235B
44.52%		1.023B
-17.17%		1.14B
11.44%		1.248B
9.47%
EBITDA
YoY % growth
EURN ebitda by date.EURN ebitda by date.
48.353M
-94.18%		421.058M
770.80%		818.288M
94.34%		736.29M
-10.02%		757.66M
2.90%		819.48M
8.16%
EBIT
YoY % growth
EURN ebit by date.EURN ebit by date.
-296.641M
-157.98%		198.461M
166.90%		597.248M
200.94%		782.24M
30.97%		483.5M
-38.19%		466.41M
-3.53%
Operating Margin
EURN operating margin by date.EURN operating margin by date.
-70.67%23.22%48.36%76.47%42.41%37.37%
EPS
YoY % growth
EURN eps by date.EURN eps by date.
-1.68
-176.71%		1.00
159.52%		4.27
327.00%		2.44
-42.87%		2.38
-2.51%		1.92
-19.18%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 24 Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25 Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27
EPS
Q2Q % growth		0.33
-58.46%		0.30
-46.64%		0.62
-69.37%		0.25
-89.78%		0.18
-46.29%		0.26
-14.15%		0.34
-45.05%		0.35
38.34%		0.38
111.43%		0.44
68.36%		0.54
58.51%		0.51
45.45%
Revenue
Q2Q % growth		205.6M
-40.95%		215.36M
-22.64%		254.24M
-6.14%		250.78M
4.33%		227.85M
10.82%		255.03M
18.42%		293.34M
15.38%		186.4M
-25.67%		188.47M
-17.28%		190.54M
-25.29%		N/AN/A
EBITDA
Q2Q % growth		146.26M
-69.85%		135.65M
-53.66%		171.14M
-61.55%		149.79M
5.03%		139.89M
-4.36%		161.36M
18.95%		183.19M
7.04%		196.55M
31.22%		207.57M
48.38%		225.01M
39.45%		250.21M
36.58%		243.78M
24.03%
EBIT
Q2Q % growth		81.125M
-78.26%		90M
-25.68%		132.18M
-41.02%		91.602M
-10.53%		65.455M
-19.32%		87.441M
-2.84%		121.61M
-8.00%		N/AN/AN/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

EURN Yearly Revenue VS EstimatesEURN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M 800M 1B
EURN Yearly EPS VS EstimatesEURN Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 2 4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-23.36%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
0.43%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
3.89%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

EURONAV NV / EURN Forecast FAQ

What do analysts expect the price target to be for EURONAV NV (EURN)?

12 analysts have analysed EURN and the average price target is 18.38 USD. This implies a price increase of 12.67% is expected in the next year compared to the current price of 16.31.

Can you provide the upcoming earnings date for EURONAV NV?

EURONAV NV (EURN) will report earnings on 2024-08-08, before the market open.

What are the consensus estimates for EURN stock next earnings?

The consensus EPS estimate for the next earnings of EURONAV NV (EURN) is 0.33 USD and the consensus revenue estimate is 205.60M USD.

How many analysts have analysed EURONAV NV (EURN)?

The number of analysts covering EURONAV NV (EURN) is 12.