EDRY trades 22.1% above Wall Street's consensus target of $40.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes EDRY achieves its forward estimates and maintains a stable P/E multiple of 8.1x. This scenario reflects the blended consensus of 3 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of September 24, 2026, EuroDry Ltd. (EDRY) has a Wall Street consensus price target of $40.00, based on estimates from 3 covering analysts. With the stock currently trading at $51.34, this represents a potential downside of -22.1%. The company has a market capitalization of $148M.
Analyst price targets range from a low of $40.00 to a high of $40.00, representing a 0% spread in expectations. The median target of $40.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 3 analysts rating the stock as a Buy or Strong Buy,0 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, EDRY trades at a trailing P/E of -33.1x and forward P/E of 8.1x. Analysts expect EPS to grow +92.3% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 SBLKStar Bulk Carriers Corp. | $3.4B | $30.40 | $31.50 | +3.6% | Buy | 6.6x | 24 |
 GNKGenco Shipping & Trading Limited | $1.2B | $26.44 | $29.00 | +9.7% | Buy | 9.6x | 22 |
 SBSafe Bulkers, Inc. | $852M | $8.37 | $4.20 | -49.8% | Buy | 8.4x | 22 |
 SHIPSeanergy Maritime Holdings Corp. | $371M | $17.56 | $16.00 | -8.9% | Buy | 4.9x | 3 |
 CTRMCastor Maritime Inc. | $128M | $2.13 | — | — | — | — | — |
 DSXDiana Shipping Inc. | $356M | $2.88 | $3.00 | +4.2% | Hold | 7.2x | 27 |
 PSHGPerformance Shipping Inc. | $70M | $1.80 | — | — | — | — | — |
 TOPSTop Ships Inc. | $3M | $0.66 | — | — | — | — | — |
 ESEAEuroseas Ltd. | $505M | $71.57 | — | — | Buy | 4.0x | 5 |
 GLBSGlobus Maritime Limited | $77M | $3.57 | — | — | — | — | — |
Quick answers to the most common questions about buying EDRY stock.
EDRY's consensus price target is $40, -22.1% below the current price of $51.34. The 3 analysts tracking EDRY see downside risk at present valuations.
EDRY has a consensus rating of "Buy" based on 3 Wall Street analysts. The rating breakdown is predominantly bullish, with 3 Buy/Strong Buy ratings. The consensus 12-month price target of $40 implies -22.1% downside from current levels.
With a forward P/E of 8.1148x, EDRY trades at a relatively low valuation. The consensus target of $40 implies -22.1% move, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $40 for EDRY, while the most conservative target is $40. The consensus of $40 represents the median expectation. These targets typically reflect 12-month expectations.
EDRY is lightly followed, with 3 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 3 have Buy ratings, 0 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month EDRY stock forecast based on 3 Wall Street analysts shows a consensus price target of $40, with estimates ranging from $40 (bear case) to $40 (bull case). The median consensus rating is "Buy".
EDRY trades at a forward P/E ratio of 8.1x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Analysts are cautious on EDRY, with 0 Sell ratings and a price target of $40 (-22.1% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
EDRY analyst price targets range from $40 to $40, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $40 consensus represents the middle ground.
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