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Home โบ Stocks โบ Golden Ocean Group Ltd. (GOGL) Stock Forecast & Price Prediction Bermuda | NASDAQ | Industrials | Marine Shipping
$7.98
+0.00 (0.00%)Did GOGL Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Golden Ocean is one of their latest high-conviction picks.
Based on our analysis of 7 Wall Street analysts, GOGL has a neutral consensus with a median price target of $10.00 (ranging from $10.00 to $10.00). The overall analyst rating is Buy (6.0/10). Currently trading at $7.98, the median forecast implies a 25.3% upside. This outlook is supported by 0 Buy, 2 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Omar Nokta at Jefferies, projecting a 25.3% upside. Conversely, the most conservative target is provided by Omar Nokta at Jefferies, suggesting a 25.3% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for GOGL.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Apr 23, 2025 | Jefferies | Omar Nokta | Hold | Maintains | $8.00 |
| Feb 26, 2025 | Jefferies | Omar Nokta | Hold | Maintains | $10.00 |
| Nov 27, 2024 | Jefferies | Omar Nokta | Hold | Maintains | $12.00 |
| Nov 21, 2024 | Pareto Securities | Eirik Haavaldsen | Hold | Downgrade | $12.50 |
| Aug 28, 2024 | Jefferies | Omar Nokta | Hold | Maintains | $14.50 |
| May 22, 2024 | Jefferies | Omar Nokta | Hold | Downgrade | $15.50 |
| Feb 28, 2024 | Jefferies | Omar Nokta | Buy | Reiterates | $15.00 |
| Jan 5, 2024 | BTIG | Gregory Lewis | Neutral | Downgrade | $N/A |
| Oct 24, 2023 | Jefferies | Omar Nokta | Buy | Upgrade | $11.00 |
| Aug 29, 2023 | Jefferies | Omar Nokta | Hold | Maintains | $8.00 |
| Jul 21, 2023 | BTIG | Buy | Maintains | $N/A | |
| Jun 6, 2023 | Jefferies | Omar Nokta | Hold | Maintains | $9.00 |
| Feb 16, 2023 | Jefferies | Omar Nokta | Hold | Reiterates | $9.50 |
| Sep 26, 2022 | Jefferies | Omar Nokta | Hold | Downgrade | $10.00 |
| Jul 21, 2022 | Jefferies | Omar Nokta | Buy | Initiates | $14.00 |
| May 20, 2022 | HC Wainwright & Co. | Magnus Fyhr | Neutral | Maintains | $18.00 |
| May 4, 2021 | BTIG | Gregory Lewis | Buy | Maintains | $12.00 |
| Feb 9, 2021 | BTIG | Gregory Lewis | Buy | Maintains | $7.00 |
| Nov 16, 2018 | BTIG | Buy | Initiates | $N/A | |
| Nov 16, 2018 | BTIG Research | Buy | Initiates | $N/A |
The following stocks are similar to Golden Ocean based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Golden Ocean Group Ltd. has a market capitalization of $1.63B with a P/E ratio of 14.0x. The company generates $863.61M in trailing twelve-month revenue with a 13.2% profit margin.
Revenue growth is -42.5% quarter-over-quarter, while maintaining an operating margin of -13.6% and return on equity of +6.1%.
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Transports dry bulk commodities globally.
The company generates revenue by owning and operating a fleet of vessels that transport dry bulk commodities such as iron ore, coal, and grains. Its strategic deployment across major trading routes allows it to efficiently connect producers with consumers, capitalizing on the demand for these essential materials in various industries.
Headquartered in Bermuda, Golden Ocean Group Ltd. is a key player in international trade and continuously modernizes its fleet to adapt to market demands. The company's operations significantly impact supply chain efficiencies and global commodity market dynamics, making it a vital contributor to the maritime sector.
Industrials
Marine Shipping
44
Mr. Lars-Christian Svensen
Bermuda
1997
Golden Ocean Group announced key dates for the merger with CMB.TECH NV, as per a stock exchange announcement on August 18, 2025.
The merger between Golden Ocean and CMB.TECH could impact market positioning, operational synergies, and shareholder value, influencing stock performance and investor sentiment.
Golden Ocean Group Limited (NASDAQ: GOGL) held a Special General Meeting for shareholders on August 19, 2025, at the Hamilton Princess and Beach Club in Bermuda.
The Special General Meeting may signal important corporate decisions or changes, affecting shareholder value and influencing market sentiment towards Golden Ocean Group.
AGL, CCRN, and GOGL have been assigned a Zacks Rank #5 (Strong Sell) as of August 20, 2025.
AGL, CCRN, and GOGL being rated as Strong Sell indicates potential underperformance, signaling investors to reassess their holdings or consider exits.
Golden Ocean Group Limited will merge with CMB.TECH Bermuda Ltd., a subsidiary of CMB.TECH, with CMB.TECH as the surviving entity and issuer of merger shares.
The merger between Golden Ocean and CMB.TECH could enhance market positioning and operational efficiency, impacting share performance and investor sentiment in both companies.
CMB.TECH NV has published an exemption document regarding its planned stock-for-stock merger with Golden Ocean Group Limited. Details are available on CMB.TECH's website.
The merger between CMB.TECH and Golden Ocean could significantly impact shareholder value and market positioning, influencing stock performance and investor sentiment.
Golden Ocean Group Limited updates on the proposed stock-for-stock merger with CMB.TECH, as of August 11, 2025. Further details on the merger are anticipated.
The merger news indicates potential strategic growth and consolidation in the shipping sector, impacting share values and investor sentiment towards both companies.
Based on our analysis of 7 Wall Street analysts, Golden Ocean Group Ltd. (GOGL) has a median price target of $10.00. The highest price target is $10.00 and the lowest is $10.00.
According to current analyst ratings, GOGL has 0 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $7.98. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict GOGL stock could reach $10.00 in the next 12 months. This represents a 25.3% increase from the current price of $7.98. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue by owning and operating a fleet of vessels that transport dry bulk commodities such as iron ore, coal, and grains. Its strategic deployment across major trading routes allows it to efficiently connect producers with consumers, capitalizing on the demand for these essential materials in various industries.
The highest price target for GOGL is $10.00 from Omar Nokta at Jefferies, which represents a 25.3% increase from the current price of $7.98.
The lowest price target for GOGL is $10.00 from Omar Nokta at Jefferies, which represents a 25.3% increase from the current price of $7.98.
The overall analyst consensus for GOGL is neutral. Out of 7 Wall Street analysts, 0 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $10.00.
Stock price projections, including those for Golden Ocean Group Ltd., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.