Scorpio Tankers

STNG · NYSE

$80.79−$0.01 (−0.01%)TodayMarket closed ·
Prev close $80.80

STNG analyst rating

BuyConsensus of 7 analysts over the last 12 months. 71% rate it a buy.
  • Strong buy0
  • Buy5
  • Hold1
  • Underperform1
  • Sell0

12-month price target · 14 analysts

Average $100.54 (+24.4% upside)

Low
$76.76
Now
$80.79
High
$126.00

Upgrades and downgrades

The latest rating actions, newest first

STNG analyst upgrades, downgrades and rating actions
FirmDateActionRating
Morgan StanleyOct 13, 2026MaintainsEqual-Weight
BTIGSep 18, 2026MaintainsBuy
JefferiesAug 4, 2026MaintainsBuy
Evercore ISI GroupAug 3, 2026MaintainsOutperform
Evercore ISI GroupJul 22, 2026MaintainsOutperform
Morgan StanleyJul 9, 2026InitiatesOverweight → Equal-Weight
B of A SecuritiesJun 30, 2026DowngradeBuy → Underperform
B of A SecuritiesMay 7, 2026UpgradeUnderperform → Buy
BTIGMay 5, 2026MaintainsBuy
JefferiesApr 24, 2026InitiatesBuy

The case for and against

Updated Aug 4, 2026

Bull case

Scorpio Tankers is a leading provider of marine transportation for petroleum products, with a young and eco-friendly fleet that is well positioned to benefit from the ongoing cyclical recovery in the product tanker market. The company's strong balance sheet, fueled by recent convertible note offerings and vessel sales, gives them flexibility to renew their fleet and pursue other opportunities while returning cash to shareholders. Strong spot fleet bookings and a robust chartering environment, driven by geopolitical uncertainty and global oil deficits, are expected to continue supporting tanker rates. With a growing global economy and tight shipyard capacity, we believe Scorpio Tankers is well positioned for long-term success.

Bear case

Scorpio Tankers is currently trading at an attractive valuation of 8x consensus 2026 EBITDA and has a NAV estimate of $100. However, the company's heavy reliance on the LR2 segment, which generates the majority of its revenue, makes it susceptible to decreased activity in key import markets like China and the Asia-Pacific region. Additionally, while Scorpio is actively renewing its fleet, future earnings potential could be impacted by the timing and financing of these new vessels. Despite returning cash to shareholders and strong spot rates, it is unclear if the company's positive outlook can be sustained in the long run.

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.