Sable Offshore Corp. (NYSE:SOC) Stock Has Average Target Price of $12.00 According to Analysts

Posted by Brenda Bartman on Oct 5th, 2026

Shares of Sable Offshore Corp. (NYSE:SOC – Get Free Report) have earned a consensus recommendation of “Hold” from the eight analysts that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $11.40.

Several equities analysts have recently weighed in on the company. Stifel Nicolaus started coverage on Sable Offshore in a research report on Thursday, September 10th. They issued a “buy” rating and a $8.00 price target for the company. Weiss Ratings restated a “sell (d-)” rating on shares of Sable Offshore in a research note on Tuesday, July 21st. Wall Street Zen raised Sable Offshore from a “strong sell” rating to a “sell” rating in a report on Sunday, August 30th. Roth Capital lowered their price target on shares of Sable Offshore from $11.00 to $10.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Jefferies Financial Group set a $9.00 price objective on shares of Sable Offshore in a research note on Wednesday, August 12th.

Read Our Latest Research Report on Sable Offshore

Sable Offshore Stock Up 0.1%

SOC opened at $3.52 on Monday. The company has a 50 day moving average of $4.49 and a 200 day moving average of $9.09. The company has a market cap of $674.42 million, a PE ratio of -1.07 and a beta of -0.13. Sable Offshore has a 12 month low of $2.88 and a 12 month high of $20.74. The company has a current ratio of 0.24, a quick ratio of 0.18 and a debt-to-equity ratio of 1.85.

Sable Offshore (NYSE:SOC – Get Free Report) last issued its earnings results on Monday, August 10th. The company reported ($0.42) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.79). The business had revenue of $137.13 million for the quarter, compared to analyst estimates of $237.65 million. On average, sell-side analysts expect that Sable Offshore will post -2.64 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Fifth Third Bancorp purchased a new stake in shares of Sable Offshore in the 1st quarter valued at $29,000. KBC Group NV raised its position in Sable Offshore by 48.7% in the 1st quarter. KBC Group NV now owns 3,132 shares of the company’s stock worth $52,000 after purchasing an additional 1,026 shares during the period. Royal Bank of Canada lifted its stake in Sable Offshore by 22.3% in the first quarter. Royal Bank of Canada now owns 4,917 shares of the company’s stock worth $82,000 after purchasing an additional 895 shares during the last quarter. Emerald Mutual Fund Advisers Trust purchased a new stake in Sable Offshore during the first quarter valued at about $88,000. Finally, Briaud Financial Planning Inc purchased a new stake in Sable Offshore during the second quarter valued at about $37,000. 26.19% of the stock is owned by hedge funds and other institutional investors.

About Sable Offshore

(Get Free Report)

Sable Offshore Corp. is an independent energy company focused on the development and operation of offshore oil and natural gas assets. Its principal operations are centered on the Santa Ynez Unit in the Santa Barbara Channel, including offshore production platforms, subsea infrastructure, and related onshore processing and transportation facilities.

The company’s asset base includes the Hondo, Heritage, and Harmony offshore platforms, as well as the Las Flores Canyon processing facility and associated pipeline infrastructure in Santa Barbara County, California.