Sable Offshore Corp [SOC] stock prices are up 2.64% to $23.34 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SOC shares have gain 6.19% over the last week, with a monthly amount glided 0.56%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Sable Offshore Corp [NYSE: SOC] stock has seen the most recent analyst activity on March 27, 2025, when ROTH MKM initiated its Buy rating and assigned the stock a price target of $30. On November 05, 2024, Johnson Rice initiated with a Buy rating and assigned a price target of $30 on the stock. BWS Financial started tracking the stock assigning a Sell rating and suggested a price target of $6 on October 08, 2024. Jefferies initiated its recommendation with a Buy and recommended $19 as its price target on August 13, 2024. The Benchmark Company started tracking with a Buy rating for this stock on July 17, 2024, and assigned it a price target of $24. In a note dated February 26, 2024, TD Cowen initiated an Outperform rating and provided a target price of $20 on this stock.
The stock price of Sable Offshore Corp [SOC] has been fluctuating between $13.66 and $35.00 over the past year. Currently, Wall Street analysts expect the stock to reach $37 within the next 12 months. Sable Offshore Corp [NYSE: SOC] shares were valued at $23.34 at the most recent close of the market. An investor can expect a potential return of 58.53% based on the average SOC price forecast.
Analyzing the SOC fundamentals
Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.87%, Pretax Profit Margin comes in at -0.73%, and Net Profit Margin reading is -0.6%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.05 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.11.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 22.73 points at the first support level, and at 22.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.68, and for the 2nd resistance point, it is at 24.03.
Ratios To Look Out For
It’s worth pointing out that Sable Offshore Corp [NYSE:SOC]’s Current Ratio is 1.67. Also, the Quick Ratio is 1.57, while the Cash Ratio stands at 1.29.
Transactions by insiders
Recent insider trading involved Pilgrim Global ICAV, 10% Owner, that happened on Apr 17 ’25 when 0.14 million shares were sold. 10% Owner, Pilgrim Global ICAV completed a deal on Sep 19 ’24 to buy 0.75 million shares. Meanwhile, 10% Owner Pilgrim Global ICAV bought 41000.0 shares on Aug 27 ’24.
