Analysts lift fair value to USD 24.00 for Ardmore Shipping stock

Published on 10/17/2026 at 21:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due November 4, 2026. Ardmore Shipping stock costs USD 18.93 on October 16, 2026, down 0.26 percent versus its prior close.

Analyst view and upcoming results

Simply Wall St reported a fair value of USD 24.00 on October 8, 2026.
Ardmore Shipping is estimated to report third-quarter results on November 4, 2026.
Ardmore Shipping stock was last at USD 18.93 on October 16, 2026 at 4:00 p.m. ET, down 0.26 percent versus its prior close.
The trailing price-to-earnings ratio stood at 7.31 on October 16, 2026.

ASC, MHY0207T1001, Illustration mit AI erstellt.

Simply Wall St reported on October 8, 2026 that analysts had lifted Ardmore Shipping's fair value from USD 21.00 to USD 24.00. The new estimate stood 26.78 percent above the stock's USD 18.93 closing-session price from October 16, 2026. Ardmore Shipping stock was last at USD 18.93 on October 16, 2026 at 4:00 p.m. ET, down 0.26 percent versus its prior close.

November 4 results date

MarketBeat lists November 4, 2026 as the estimated date for Ardmore Shipping's third-quarter results, before the market opens. The same page lists a 10:00 a.m. ET conference call and consensus expectations of USD 0.6960 earnings per share and USD 64.45 million in revenue.

Target distance remains measurable

The USD 24.00 estimate is 26.78 percent above the October 16 price. That spread gives the valuation update more weight than the small daily decline, although the estimate is a model-based fair value rather than a company forecast. Ardmore Shipping identifies itself as a New York Stock Exchange-listed owner and operator of product and chemical tankers on its investor-relations website.

Price range and trading activity

Ardmore Shipping's 52-week range was USD 10.31 to USD 20.60 as of October 16, 2026. The last price sat 8.11 percent below the 52-week high. Trading volume reached 669,815 shares, compared with an average volume of 626,685 shares, making the session volume 6.88 percent higher than that average.

Valuation and November date

The trailing price-to-earnings ratio was 7.31 and market capitalization was USD 773.3 million as of October 16, 2026. Ardmore Shipping operates in the Industrials sector and the Marine Shipping industry. The October 8 fair value update followed the company's second-quarter reporting period ended June 30, 2026, which MarketBeat identifies as the latest reported quarter.

Comparison with peers

Ardmore Shipping (NYSE, USD): minus 0.26 percent, P/E 7.31, market capitalization USD 773.3 million

Scorpio Tankers (NYSE, USD): minus 1.69 percent, P/E 5.13, market capitalization USD 4.1 billion

Tsakos Energy Navigation (NYSE, USD): minus 0.58 percent, P/E 5.18, market capitalization USD 1.5 billion

Stock position in context

Ardmore Shipping's share price remained below its annual high while its valuation estimate stood above the latest market level. The next scheduled earnings date is November 4, 2026, giving investors a defined calendar point for comparing the USD 24.00 fair value with operating results.

Market context: Market report S&P 500.

More news and analyses on Ardmore Shipping stock