Tamboran Resources Corporation (NYSE:TBN) Receives Consensus Rating of “Moderate Buy” from Analysts

Posted by Francis Steltz on May 20th, 2026

Tamboran Resources Corporation (NYSE:TBN – Get Free Report) has received an average recommendation of “Moderate Buy” from the five analysts that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $55.75.

Several analysts recently commented on TBN shares. Wells Fargo & Company raised their price objective on Tamboran Resources from $35.00 to $58.00 and gave the stock an “overweight” rating in a research note on Monday, March 30th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Tamboran Resources in a research note on Wednesday, April 8th. Royal Bank Of Canada raised Tamboran Resources from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from $38.00 to $55.00 in a research note on Wednesday, April 29th. Finally, Piper Sandler reissued an “overweight” rating and set a $74.00 target price (up from $41.00) on shares of Tamboran Resources in a research note on Tuesday, March 31st.

Read Our Latest Stock Analysis on Tamboran Resources

Tamboran Resources Stock Up 0.5%

Tamboran Resources stock opened at $36.99 on Wednesday. The company’s 50 day simple moving average is $36.04 and its 200 day simple moving average is $29.97. Tamboran Resources has a fifty-two week low of $17.29 and a fifty-two week high of $52.21. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of -19.78 and a beta of -2.17. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.00 and a quick ratio of 2.00.

Tamboran Resources (NYSE:TBN – Get Free Report) last released its quarterly earnings data on Wednesday, May 13th. The company reported ($0.42) earnings per share for the quarter, missing the consensus estimate of ($0.36) by ($0.06). The company had revenue of $0.99 million for the quarter, compared to analyst estimates of $2.40 million. As a group, sell-side analysts anticipate that Tamboran Resources will post -1.44 EPS for the current year.

Insider Activity at Tamboran Resources

In related news, Director Scott D. Sheffield bought 6,990 shares of the company’s stock in a transaction on Wednesday, April 8th. The shares were purchased at an average cost of $36.02 per share, for a total transaction of $251,779.80. Following the acquisition, the director owned 292,430 shares of the company’s stock, valued at approximately $10,533,328.60. This represents a 2.45% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Phillip Z. Pace bought 10,000 shares of the company’s stock in a transaction on Monday, April 13th. The shares were bought at an average price of $36.99 per share, for a total transaction of $369,900.00. Following the completion of the acquisition, the director directly owned 35,809 shares in the company, valued at approximately $1,324,574.91. This trade represents a 38.75% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 4.50% of the company’s stock.

Institutional Trading of Tamboran Resources

Institutional investors have recently modified their holdings of the company. HITE Hedge Asset Management LLC lifted its stake in Tamboran Resources by 44.0% in the 3rd quarter. HITE Hedge Asset Management LLC now owns 1,737,575 shares of the company’s stock valued at $47,575,000 after acquiring an additional 530,850 shares in the last quarter. Ingalls & Snyder LLC lifted its stake in Tamboran Resources by 124.1% in the 3rd quarter. Ingalls & Snyder LLC now owns 258,534 shares of the company’s stock valued at $7,079,000 after acquiring an additional 143,194 shares in the last quarter. Arbiter Partners Capital Management LLC bought a new stake in Tamboran Resources in the 3rd quarter valued at approximately $1,356,000. Cooper Investors PTY Ltd. bought a new stake in Tamboran Resources in the 4th quarter valued at approximately $690,000. Finally, UBS Group AG lifted its stake in Tamboran Resources by 55.4% in the 4th quarter. UBS Group AG now owns 433,598 shares of the company’s stock valued at $11,807,000 after acquiring an additional 154,660 shares in the last quarter.

Tamboran Resources Company Profile

(Get Free Report)

Tamboran Resources is an independent energy company focused on the exploration and development of unconventional natural gas resources. Headquartered in Canada and listed on the New York Stock Exchange under the ticker TBN, the company concentrates its activities on onshore basins in Australia. Tamboran’s primary objective is to advance its exploration acreage toward commercial viability by leveraging modern drilling and reservoir evaluation techniques.

The company holds exploration licenses in the Beetaloo Basin in the Northern Territory of Australia, where it is conducting appraisal drilling programs to define reservoir characteristics and recoverability.