Dorian LPG

LPG · NYSE

$52.07−$0.43 (−0.82%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $52.50

LPG analyst rating

BuyConsensus of 2 analysts over the last 12 months. 50% rate it a buy.

Strong buy0
Buy1
Hold1
Underperform0
Sell0

12-month price target · 8 analysts

Average $53.65 (+3.0% upside)

Low: $46.46
Now: $52.07
High: $60.90

Upgrades and downgrades

The latest rating actions, newest first

LPG analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Jefferies	May 22, 2026	Maintains	Buy	$42.00 → $55.00	62%
Freedom Broker	May 22, 2026	Downgrade	Buy → Hold	$41.00 → $51.00	75%
Jefferies	Apr 24, 2026	Initiates	Buy	$42.00	62%
Freedom Broker	Feb 11, 2026	Maintains	Buy	$39.00 → $41.00	75%
Freedom Broker	Nov 12, 2025	Maintains	Buy	$48.00 → $39.00	75%

The case for and against

Updated Dec 29, 2025

Bull case

Dorian LPG's positive outlook is supported by significant growth in liquefied petroleum gas (LPG) exports, with U.S. VLGC exports reaching 28.0 million tons in the first half of 2025, marking an 8.3% year-over-year increase, while Middle Eastern exports rose to 20.7 million tons, up 4.9% year-over-year. The sector's ability to absorb increased capacity from shorter-haul voyages indicates a robust operational efficiency and adaptability, fueling optimistic forward expectations. Strong trade growth in both the U.S. and Middle East contributes further to the favorable market conditions for Dorian LPG, enhancing its overall business prospects in international LPG transportation.

Bear case

Dorian LPG has experienced a significant decline in average spot rates, with expectations shifting from a historical average of $50,000 per day to a projected level nearer to $30,000 per day. This negative trend is compounded by volatile regional pricing discrepancies and competition from naphtha, which can adversely affect charter rates. Additionally, the slowdown in newbuilding deliveries and a reduced expectation for fleet capacity growth further exacerbate the company's challenging outlook in the currently competitive gas shipping market.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.