NYSE: SOC
Sable Offshore Corp Stock Forecast, Predictions & Price Target

Analyst price target for SOC

Based on 3 analysts offering 12 month price targets for Sable Offshore Corp

Min Forecast
$6.00-74.45%
Avg Forecast
$25.00+6.47%
Max Forecast
$37.00+57.58%

Should I buy or sell SOC stock?

Based on 3 analysts offering ratings for Sable Offshore Corp.

Buy
Strong Buy
2 analysts 66.67%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
1 analysts 33.33%
Strong Sell
0 analysts 0%
Although SOC's forecast from analysts indicates a "Buy", our proven Zen Rating quant model rates SOC as a "Strong Sell". Stocks with a Zen Rating of Strong Sell have trailed the market by -8.02%. Learn More

Be the first to know when Wall Street analysts revise their SOC stock forecasts and price targets.

SOC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-11-27
lockedlocked$00.00+00.00%2024-10-07
lockedlocked$00.00+00.00%2024-09-04Find Out Why

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Forecast return on equity

Is SOC forecast to generate an efficient return?

Company
244.69%
Industry
88.26%
Market
70.76%
SOC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SOC forecast to generate an efficient return on assets?

Company
27.82%
Industry
13.42%
SOC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SOC earnings per share forecast

What is SOC's earnings per share in the next 3 years based on estimates from 3 analysts?

Avg 1 year Forecast
-$5.31
Avg 2 year Forecast
$2.16
Avg 3 year Forecast
$2.90

SOC revenue forecast

What is SOC's revenue in the next 3 years based on estimates from 1 analyst?

Avg 1 year Forecast
$76.0M
Avg 2 year Forecast
$657.0M
Avg 3 year Forecast
$816.0M

SOC vs Oil & Gas Drilling Stocks

TickerPricePrice TargetUp/downsideConsensus
SOC$23.48$25.00+6.47%Buy
SDRL$40.64$63.33+55.84%Strong Buy
BORR$3.72$9.00+141.94%Buy
PTEN$8.40$11.59+37.99%Strong Buy
PDS$63.17$95.00+50.39%Strong Buy

Sable Offshore Stock Forecast FAQ

Is Sable Offshore Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: SOC) stock is to Buy SOC stock.

Out of 3 analysts, 2 (66.67%) are recommending SOC as a Strong Buy, 0 (0%) are recommending SOC as a Buy, 0 (0%) are recommending SOC as a Hold, 1 (33.33%) are recommending SOC as a Sell, and 0 (0%) are recommending SOC as a Strong Sell.

If you're new to stock investing, here's how to buy Sable Offshore stock.

What is SOC's earnings growth forecast for 2024-2026?

(NYSE: SOC) Sable Offshore's forecast annual earnings growth rate of N/A is not forecast to beat the US Oil & Gas Drilling industry's average forecast earnings growth rate of 1.83%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.58%.

Sable Offshore's earnings in 2024 is N/A.On average, 3 Wall Street analysts forecast SOC's earnings for 2024 to be -$472,826,243, with the lowest SOC earnings forecast at -$614,789,055, and the highest SOC earnings forecast at -$383,129,411. On average, 3 Wall Street analysts forecast SOC's earnings for 2025 to be $192,455,704, with the lowest SOC earnings forecast at $181,763,721, and the highest SOC earnings forecast at $208,493,679.

In 2026, SOC is forecast to generate $258,389,603 in earnings, with the lowest earnings forecast at $258,389,603 and the highest earnings forecast at $258,389,603.

What is SOC's revenue growth forecast for 2024-2026?

(NYSE: SOC) Sable Offshore's forecast annual revenue growth rate of N/A is not forecast to beat the US Oil & Gas Drilling industry's average forecast revenue growth rate of 12.07%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.83%.

Sable Offshore's revenue in 2024 is N/A.On average, 1 Wall Street analysts forecast SOC's revenue for 2024 to be $6,771,589,588, with the lowest SOC revenue forecast at $6,771,589,588, and the highest SOC revenue forecast at $6,771,589,588. On average, 1 Wall Street analysts forecast SOC's revenue for 2025 to be $58,538,609,991, with the lowest SOC revenue forecast at $58,538,609,991, and the highest SOC revenue forecast at $58,538,609,991.

In 2026, SOC is forecast to generate $72,705,488,208 in revenue, with the lowest revenue forecast at $72,705,488,208 and the highest revenue forecast at $72,705,488,208.

What is SOC's forecast return on assets (ROA) for 2024-2027?

(NYSE: SOC) forecast ROA is 27.82%, which is higher than the forecast US Oil & Gas Drilling industry average of 13.42%.

What is SOC's Price Target?

According to 3 Wall Street analysts that have issued a 1 year SOC price target, the average SOC price target is $25.00, with the highest SOC stock price forecast at $37.00 and the lowest SOC stock price forecast at $6.00.

On average, Wall Street analysts predict that Sable Offshore's share price could reach $25.00 by Nov 27, 2025. The average Sable Offshore stock price prediction forecasts a potential upside of 6.47% from the current SOC share price of $23.48.

What is SOC's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: SOC) Sable Offshore's current Earnings Per Share (EPS) is N/A. On average, analysts forecast that SOC's EPS will be -$5.31 for 2024, with the lowest EPS forecast at -$6.90, and the highest EPS forecast at -$4.30. On average, analysts forecast that SOC's EPS will be $2.16 for 2025, with the lowest EPS forecast at $2.04, and the highest EPS forecast at $2.34. In 2026, SOC's EPS is forecast to hit $2.90 (min: $2.90, max: $2.90).

What is SOC's forecast return on equity (ROE) for 2024-2027?

(NYSE: SOC) forecast ROE is 244.69%, which is considered strong.
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