
SOC Stock Forecast & Price Target
SOC Analyst Ratings
Bulls say
Sable Offshore Corp has reported a significant increase in pro forma working capital, projecting a rise from $98 million to approximately $343 million by March 31, 2025, which indicates improved liquidity and financial stability. The successful raising of $257 million in primary equity further reinforces the company's ability to replenish near-term working capital and positions it favorably for a refinancing of its $855 million debt due by October 2025. This combination of enhanced liquidity and proactive financial management contributes to a positive outlook for the company’s future growth and operational flexibility.
Bears say
Sable Offshore Corp faces a negative outlook primarily due to its reliance on volatile commodity prices, which can significantly impact its financial stability if market prices for oil and natural gas disappoint. Additionally, the company carries elevated legal risks and has previously encountered operational suspensions, which exposes it to uncertainties that may hinder production and capital expenditures. Furthermore, Sable Offshore's concentrated asset base in a single offshore field increases its vulnerability to operational disruptions, while its impending debt maturity poses further risks if production cannot be restarted or refinanced timely.
This aggregate rating is based on analysts' research of Sable Offshore Corp and is not a guaranteed prediction by Public.com or investment advice.
SOC Analyst Forecast & Price Prediction
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