
Frontline (FRO) Stock Forecast & Price Target
Frontline (FRO) Analyst Ratings
Bulls say
Frontline PLC is exhibiting strong earnings growth, with guidance indicating a significant increase in 4Q earnings that may surpass recent cyclical highs, thereby enhancing shareholder returns through higher dividends. The company's strategic move to prepay debt under its converted revolver has notably reduced breakeven points, positioning it favorably for future profitability. Additionally, the anticipated growth of the product tanker fleet by approximately 7% in 2026, combined with robust medium-range tanker rates averaging around $26,000 per day, further supports a positive financial outlook for Frontline.
Bears say
Frontline PLC's recent financial performance indicates a negative outlook, highlighted by a third-quarter earnings miss, with adjusted EPS of $0.19 falling short of both consensus expectations and prior estimates. Additionally, the stagnant values of secondhand LR2 vessels, coupled with projected newbuild deliveries outpacing their availability, raise concerns about future revenue generation. Furthermore, the observed decline in tanker activity during peak season signifies potential challenges in maintaining operational efficiency and profitability moving forward.
This aggregate rating is based on analysts' research of Frontline and is not a guaranteed prediction by Public.com or investment advice.
Frontline (FRO) Analyst Forecast & Price Prediction
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