FY2025 EPS Estimates for Sable Offshore Lifted by Analyst

Sable Offshore Corp. (NYSE:SOC) – Stock analysts at Roth Capital upped their FY2025 earnings per share (EPS) estimates for shares of Sable Offshore in a report released on Monday, November 10th. Roth Capital analyst L. Mariani now anticipates that the company will post earnings of ($4.35) per share for the year, up from their previous estimate of ($4.49). Roth Capital currently has a “Buy” rating and a $22.00 target price on the stock. The consensus estimate for Sable Offshore’s current full-year earnings is ($6.39) per share. Roth Capital also issued estimates for Sable Offshore’s Q4 2025 earnings at ($0.63) EPS, Q1 2026 earnings at ($0.66) EPS, Q2 2026 earnings at ($0.67) EPS, Q3 2026 earnings at ($0.64) EPS, Q4 2026 earnings at ($0.64) EPS, FY2026 earnings at ($2.61) EPS and FY2027 earnings at $1.88 EPS.

SOC has been the subject of several other research reports. Benchmark reduced their target price on shares of Sable Offshore from $47.00 to $20.00 and set a “buy” rating for the company in a report on Tuesday, November 4th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Sable Offshore in a research note on Thursday, October 30th. Finally, Jefferies Financial Group decreased their price target on Sable Offshore from $38.00 to $20.00 and set a “buy” rating on the stock in a research note on Tuesday. Five investment analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Sable Offshore has an average rating of “Hold” and an average price target of $19.60.

Sable Offshore Stock Performance

Shares of Sable Offshore stock opened at $7.21 on Wednesday. The company has a 50-day simple moving average of $16.86 and a two-hundred day simple moving average of $22.75. Sable Offshore has a one year low of $4.58 and a one year high of $35.00. The company has a market capitalization of $717.45 million, a PE ratio of -2.13 and a beta of 0.46.

Sable Offshore (NYSE:SOC) last posted its quarterly earnings results on Tuesday, August 12th. The company reported ($1.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.66) by ($0.44).

Insiders Place Their Bets

In related news, major shareholder Global Icav Pilgrim purchased 982,645 shares of the business’s stock in a transaction dated Wednesday, October 15th. The stock was acquired at an average price of $15.04 per share, for a total transaction of $14,778,980.80. Following the acquisition, the insider directly owned 10,933,394 shares of the company’s stock, valued at $164,438,245.76. This trade represents a 9.88% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 36.36% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SOC. Arizona State Retirement System increased its position in Sable Offshore by 34.8% during the first quarter. Arizona State Retirement System now owns 12,778 shares of the company’s stock worth $324,000 after purchasing an additional 3,297 shares during the last quarter. KLP Kapitalforvaltning AS boosted its holdings in Sable Offshore by 101.6% in the first quarter. KLP Kapitalforvaltning AS now owns 12,700 shares of the company’s stock valued at $322,000 after purchasing an additional 6,400 shares during the last quarter. Neo Ivy Capital Management bought a new stake in shares of Sable Offshore in the first quarter worth $1,392,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Sable Offshore by 15.5% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,419 shares of the company’s stock worth $417,000 after purchasing an additional 2,200 shares during the last quarter. Finally, US Bancorp DE increased its holdings in shares of Sable Offshore by 62.2% in the 1st quarter. US Bancorp DE now owns 3,281 shares of the company’s stock valued at $83,000 after acquiring an additional 1,258 shares during the last quarter. 26.19% of the stock is currently owned by hedge funds and other institutional investors.

About Sable Offshore

Sable Offshore Corp. engages in the oil and gas exploration and development activities in the United States. The company operates through three platforms located in federal waters offshore California. It owns and operates 16 federal leases across approximately 76,000 acres and subsea pipelines, which transport crude oil, natural gas, and produced water from the platforms to the onshore processing facilities.