TOPSEnergy · Oil & Gas Midstream

TOPS Stock Forecast: Top Ships, Inc. Price Predictions for 2026-2027

Last close, 4 Nov 2026

$0.29

−8.44% on the day

Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 20 of 100 as at 4 Nov 2026 — in the weakest quartile.

Market cap

$2.4M

Ticker Nerd rank

20/ 100

Median analyst target

—

Analysts covering

Total return, dividends reinvested

+1.0%

−45.7%

YTD

−93.5%

−95.1%

From 52W high

−95.2%

From 52W low

+4.6%

$0.28

$6.16

52-week range, adjusted closes · the dot is the last close

Ticker Nerd rank

TOPS stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Top Ships, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 4 Nov 2026

20/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Size

Accruals

Issuance

Quality

Revisions

Momentum

Value

Volatility

Growth

Size (98): Smaller than most of the companies we track.

Growth (1): Sales and profits are flat, shrinking, or growing more slowly than they were.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

TOPS stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on TOPS, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

Recent analyst actionsNewest first

Date	Firm	Action	Rating	Target
25 Nov 2020	Maxim Group	Downgrade	Hold	—
13 July 2020	Maxim Group	Downgrade	Hold	—
22 Apr 2019	Maxim Group	Initiates	Buy	—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

TOPS appears in the Radar on the weeks it earns a place.

Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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Performance

TOPS vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 4 Nov 2026, Top Ships, Inc. returned −95.1% against +14.8% for the S&P 500, dividends included.

TOPS vs S&P 500, last 12 monthsTotal return, rebased to 100

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

TOPS analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Fundamentals

Top Ships, Inc. (TOPS) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation

Trailing P/E: 1.1×
Price / sales: 0.0×
Price / book: 0.0×
EV / EBITDA: 8.9×

Growth & margins

Revenue growth (YoY): −41.9%
Earnings growth (YoY): −14.3%
Gross margin: —
Operating margin: 45.6%
Net margin: 3.2%

Returns & dividend

Return on equity: 1.8%
Return on assets: 3.1%
Dividend yield: 1231337.6%

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Top Ships, Inc. (TOPS) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

Top Ships, Inc. has a market value of $2.4M and an enterprise value of $268.0M.
Shares outstanding: 4.6M.
Trailing P/E: 1.1×; forward P/E: 0.1× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 1231337.57%, paying out 0% of earnings.
Top Ships, Inc. employs 0 people.

market figures as at 4 Nov 2026

Data provided by Twelve Data

Peers

TOPS vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelOil & Gas Midstream

Company	Market cap	TKN rank
TOPSTop Ships, Inc.	$2.4M	20
BANLCBL International Ltd.	$6.2M	68
TMDETMD Energy Ltd.	$6.8M	22
RBNERobin Energy Ltd.	$185,200.00	3
RCONRecon Technology Ltd.*	$1.7M	20
PXSPyxis Tankers, Inc.	$61.1M	90
NFENew Fortress Energy, Inc.	$66.6M	21

* Nearest Energy names by size — few oil & gas midstream companies of this scale trade in the US universe.

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Top Ships, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest TOPS news & analysis

TOP Ships Inc. Announces $5.0 Million Private Placement of Senior Convertible Notes and Warrants

GlobeNewsWire · 28 Oct 2026neutral

TOP Ships entered into a securities purchase agreement with one institutional investor for $5,555,555.56 in senior convertible notes and warrants. The company expects to issue them around October 28, 2026, subject to customary closing conditions, and expects gross proceeds of $5 million at closing.

Why it matters — The private placement would provide TOP Ships with $5 million in gross proceeds and includes convertible notes and warrants.

TOP Ships Inc. Announces Reverse Stock Split

GlobeNewsWire · 28 Oct 2026neutral

TOP Ships said its board approved a 1-for-10 reverse stock split of the company’s issued common shares. The split is scheduled to take effect at the opening of trading on November 6, 2026.

Why it matters — TOPS watchers may want to note the announced share-structure change and its effective date.

Top Ships Inc. Announces Acquisition of four High Specification Ice Class 1A Newbuilding MR Tankers and Gross Revenue Backlog of about $1.24 Billion

GlobeNewsWire · 7 Oct 2026positive

TOP Ships said it entered into a related-party share purchase agreement to acquire four companies whose shipbuilding contracts cover four ECO ice class 1A MR product tankers. The vessels are scheduled for delivery between June 2029 and March 2030.

Why it matters — The agreement would add four high-specification tankers to TOP Ships’ fleet, with deliveries planned several years ahead.

Top Ships Inc. Announces Closing of the Acquisition of three High Specification Newbuilding MR Tankers

GlobeNewsWire · 30 Sept 2026positive

TOP Ships Inc. announced the closing of its share purchase agreement to acquire three SPVs, each holding a shipbuilding contract for high-specification, ECO, scrubber-fitted MR Product Tankers scheduled for delivery in 2029. The vessels have secured five-year time charter employment with an oil major, with an option for one additional year.

Why it matters — The acquisition expands Top Ships' fleet with three new ECO tankers that come with firm multi-year charter contracts from an oil major, securing revenue visibility into the 2030s.

Top Ships Inc. Provides Response to Unusual Market Action

GlobeNewsWire · 22 Sept 2026neutral

Top Ships Inc. issued a press release in response to unusual trading activity in its common stock during post-market hours on September 21, 2026, and pre-market hours on September 22, 2026. The company stated that it has made inquiries and does not believe any conditions requiring corrective action exist, and that there has been no material development in its business not previously disclosed.

Why it matters — TOPS watchers would care because the company addressed an unexplained stock-price movement on the NYSE American, confirming no material business developments or undisclosed reasons behind the unusual trading.

FAQ

Frequently asked questions about TOPS stock

How does Ticker Nerd's model rank TOPS?

As at 4 Nov 2026, Top Ships, Inc. ranks 20 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Size (98 of 100).

What is the TOPS stock forecast for 2030?

No analyst covering Top Ships, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for TOPS are extrapolating price history, which says nothing about the business.

How has TOPS stock performed over the past year?

Top Ships, Inc. returned -95.1% over the 12 months to 4 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Top Ships, Inc. do?

Top Ships Inc. is an international maritime transportation company that owns and operates modern tanker vessels.

What is the latest news on TOPS?

The most recent item we track (GlobeNewsWire, 28 Oct 2026): "TOP Ships Inc. Announces $5.0 Million Private Placement of Senior Convertible Notes and Warrants". TOP Ships entered into a securities purchase agreement with one institutional investor for $5,555,555.56 in senior convertible notes and warrants. The company expects to issue them around October 28, 2026, subject to customary closing conditions, and expects gross proceeds of $5 million at closing.

Company

About Top Ships, Inc.

Top Ships Inc. is an international maritime transportation company that owns and operates modern tanker vessels. The company’s core business is the seaborne transport of crude oil, petroleum products, and bulk liquid chemicals for national, regional, and international oil companies, charterers, and traders. Its fleet includes product tankers, Suezmax vessels, and very large crude carriers designed to serve global energy and chemical supply chains. Top Ships Inc. also operates through time charter agreements, providing shipping capacity to customers across major trade routes. Headquartered in Athens, Greece, the company focuses on commercial vessel operations, fleet management, and reliable ocean transport services within the tanker shipping market.

CEO Mr. Evangelos J. Pistiolis · Greece · https://www.topships.org