SHIP trades 10.3% above Wall Street's consensus target of $16.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes SHIP achieves its forward estimates and maintains a stable P/E multiple of 4.9x. 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 23, 2026, Seanergy Maritime Holdings Corp. (SHIP) has a Wall Street consensus price target of $16.00, based on estimates from 3 covering analysts. With the stock currently trading at $17.83, this represents a potential downside of -10.3%. The company has a market capitalization of $376M.
Analyst price targets range from a low of $15.00 to a high of $17.00, representing a 13% spread in expectations. The median target of $16.00 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, SHIP trades at a trailing P/E of 17.7x and forward P/E of 4.9x. Analysts expect EPS to grow +27.4% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $18.16, with bear and bull scenarios of $11.44 and $23.93 respectively. Model confidence stands at 44/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 SBSafe Bulkers, Inc. | $863M | $8.48 | $4.20 | -50.5% | Buy | 8.5x | 22 |
 SBLKStar Bulk Carriers Corp. | $3.5B | $30.94 | $31.50 | +1.8% | Buy | 6.8x | 24 |
 GNKGenco Shipping & Trading Limited | $1.2B | $26.73 | $29.00 | +8.5% | Buy | 9.7x | 22 |
 NMMNavios Maritime Partners L.P. | $2.5B | $88.11 | $85.00 | -3.5% | Hold | 4.7x | 14 |
 CTRMCastor Maritime Inc. | $130M | $2.17 | — | — | — | — | — |
 EDRYEuroDry Ltd. | $156M | $54.08 | $40.00 | -26.0% | Buy | 8.5x | 3 |
 TOPSTop Ships Inc. | $4M | $0.89 | — | — | — | — | — |
 GLBSGlobus Maritime Limited | $80M | $3.69 | — | — | — | — | — |
 STNGScorpio Tankers Inc. | $4.1B | $82.33 | $96.67 | +17.4% | Buy | 7.2x | 31 |
 INSWInternational Seaways, Inc. | $5.1B | $103.95 | $112.33 | +8.1% | Buy | 6.5x | 13 |
Quick answers to the most common questions about buying SHIP stock.
SHIP's consensus price target is $16, -10.3% below the current price of $17.83. The 3 analysts tracking SHIP see downside risk at present valuations.
SHIP 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 $16 implies -10.3% downside from current levels.
With a forward P/E of 4.9363x, SHIP trades at a relatively low valuation. The consensus target of $16 implies -10.3% move, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $17 for SHIP, while the most conservative target is $15. The consensus of $16 represents the median expectation. Our quantitative valuation model projects a bull case target of $24 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
SHIP 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 SHIP stock forecast based on 3 Wall Street analysts shows a consensus price target of $16, with estimates ranging from $15 (bear case) to $17 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $18, with bear/bull scenarios of $11/$24.
Our quantitative valuation model calculates SHIP's fair value at $18 (base case), with a bear case of $11 and bull case of $24. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 44/100.
SHIP trades at a forward P/E ratio of 4.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 17.7x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Analysts are cautious on SHIP, with 0 Sell ratings and a price target of $16 (-10.3% 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.
SHIP analyst price targets range from $15 to $17, a 13% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $16 consensus represents the middle ground. Our model's $11-$24 range provides an independent fundamental perspective.
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.