Tamboran Resources (NYSE:TBN) Lowered to Strong Sell Rating by Zacks Research

Posted by Stanley Muller on Jul 31st, 2026

Zacks Research downgraded shares of Tamboran Resources (NYSE:TBN – Free Report) from a hold rating to a strong sell rating in a research note issued to investors on Wednesday,Zacks.com reports.

Other equities analysts have also issued research reports about the stock. Royal Bank Of Canada upgraded shares of Tamboran Resources from a “sector perform” rating to an “outperform” rating and increased their target price for the company from $38.00 to $55.00 in a research report on Wednesday, April 29th. Piper Sandler restated an “overweight” rating and set a $74.00 price target (up from $41.00) on shares of Tamboran Resources in a research report on Tuesday, March 31st. Roth Capital began coverage on shares of Tamboran Resources in a research note on Thursday, May 21st. They issued a “buy” rating and a $47.00 price target for the company. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Tamboran Resources in a report on Monday, July 6th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $58.50.

Get Our Latest Analysis on Tamboran Resources

Tamboran Resources Trading Up 3.4%

Shares of TBN stock opened at $32.60 on Wednesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.00 and a current ratio of 2.00. Tamboran Resources has a 1 year low of $19.55 and a 1 year high of $52.21. The stock has a fifty day moving average of $33.41 and a two-hundred day moving average of $33.10. The firm has a market capitalization of $923.34 million, a PE ratio of -17.44 and a beta of -2.10.

Tamboran Resources (NYSE:TBN – Get Free Report) last released its quarterly earnings results on Wednesday, May 13th. The company reported ($0.42) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.36) by ($0.06). As a group, research analysts expect that Tamboran Resources will post -1.41 EPS for the current year.

Institutional Investors Weigh In On Tamboran Resources

Institutional investors and hedge funds have recently bought and sold shares of the business. Cooper Investors PTY Ltd. lifted its holdings in Tamboran Resources by 514.0% in the 2nd quarter. Cooper Investors PTY Ltd. now owns 155,479 shares of the company’s stock valued at $5,055,000 after acquiring an additional 130,157 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Tamboran Resources by 64.5% in the 1st quarter. Bank of America Corp DE now owns 53,374 shares of the company’s stock worth $2,668,000 after purchasing an additional 20,932 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Tamboran Resources by 113.8% in the 1st quarter. The Manufacturers Life Insurance Company now owns 237,748 shares of the company’s stock worth $11,885,000 after purchasing an additional 126,549 shares in the last quarter. Clough Capital Partners L P acquired a new stake in Tamboran Resources during the first quarter valued at approximately $2,344,000. Finally, Sei Investments Co. acquired a new stake in Tamboran Resources during the first quarter valued at approximately $526,000.

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.