Q2 EPS Estimates for Sable Offshore Raised by Roth Capital

Sable Offshore Corp. (NYSE:SOC) – Research analysts at Roth Capital increased their Q2 2025 earnings estimates for shares of Sable Offshore in a report released on Monday, May 19th. Roth Capital analyst L. Mariani now forecasts that the company will post earnings per share of ($0.46) for the quarter, up from their prior estimate of ($0.65). The consensus estimate for Sable Offshore’s current full-year earnings is ($6.39) per share. Roth Capital also issued estimates for Sable Offshore’s Q3 2025 earnings at $0.73 EPS, Q4 2025 earnings at $0.80 EPS, FY2025 earnings at $0.02 EPS, Q1 2026 earnings at $0.89 EPS, Q2 2026 earnings at $0.84 EPS, Q3 2026 earnings at $0.93 EPS, Q4 2026 earnings at $0.96 EPS, FY2026 earnings at $3.62 EPS, Q1 2027 earnings at $1.02 EPS and FY2027 earnings at $4.04 EPS.

Sable Offshore (NYSE:SOC) last issued its earnings results on Tuesday, May 13th. The company reported ($1.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.42) by ($0.63). The firm had revenue of $78.00 million for the quarter, compared to analyst estimates of $21.00 million.

A number of other equities analysts also recently commented on the stock. Benchmark raised their target price on shares of Sable Offshore from $37.00 to $47.00 and gave the company a “buy” rating in a research note on Tuesday. Roth Mkm started coverage on shares of Sable Offshore in a research note on Thursday, March 27th. They issued a “buy” rating and a $30.00 target price on the stock. Finally, BWS Financial reaffirmed a “sell” rating and set a $6.00 price target on shares of Sable Offshore in a report on Tuesday, May 13th. One equities research analyst has rated the stock with a sell rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Sable Offshore has an average rating of “Moderate Buy” and an average target price of $29.17.

Sable Offshore Stock Performance

Shares of SOC stock opened at $32.26 on Wednesday. The company’s fifty day simple moving average is $22.77 and its 200-day simple moving average is $23.64. Sable Offshore has a 52 week low of $12.73 and a 52 week high of $35.00. The company has a debt-to-equity ratio of 4.86, a current ratio of 3.50 and a quick ratio of 3.34.

Institutional Investors Weigh In On Sable Offshore

Hedge funds and other institutional investors have recently modified their holdings of the stock. SVB Wealth LLC bought a new stake in shares of Sable Offshore in the 1st quarter worth about $29,000. Quantbot Technologies LP bought a new stake in shares of Sable Offshore in the 1st quarter worth about $48,000. Summit Securities Group LLC bought a new stake in shares of Sable Offshore in the 4th quarter worth about $53,000. NewEdge Advisors LLC increased its position in shares of Sable Offshore by 36.2% in the 1st quarter. NewEdge Advisors LLC now owns 2,448 shares of the company’s stock worth $62,000 after purchasing an additional 650 shares during the last quarter. Finally, US Bancorp DE increased its position in shares of Sable Offshore by 62.2% in the 1st quarter. US Bancorp DE now owns 3,281 shares of the company’s stock worth $83,000 after purchasing an additional 1,258 shares during the last quarter. Institutional investors own 26.19% of the company’s stock.

Insider Activity at Sable Offshore

In other news, major shareholder Global Icav Pilgrim sold 143,806 shares of the business’s stock in a transaction dated Thursday, April 17th. The shares were sold at an average price of $25.37, for a total value of $3,648,358.22. Following the completion of the sale, the insider now owns 10,100,569 shares of the company’s stock, valued at approximately $256,251,435.53. The trade was a 1.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 14.30% of the company’s stock.

Sable Offshore Company Profile

Sable Offshore Corp. engages in the oil and gas exploration and development activities in the United States. The company operates through three platforms located in federal waters offshore California. It owns and operates 16 federal leases across approximately 76,000 acres and subsea pipelines, which transport crude oil, natural gas, and produced water from the platforms to the onshore processing facilities.