Sable Offshore Corp [NYSE: SOC] gained 14.41% on the last trading session, reaching $33.02 price per share at the time.
If compared to the average trading volume of 1.62M shares, SOC reached a trading volume of 8772406 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Sable Offshore Corp [SOC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SOC shares is $31.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SOC stock is a recommendation set at 1.57. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
ROTH MKM have made an estimate for Sable Offshore Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 27, 2025. While these analysts kept the previous recommendation, Pickering Energy Partners raised their target price to Outperform. The new note on the price target was released on December 17, 2024, representing the official price target for Sable Offshore Corp stock. Previously, the target price had yet another raise to $30, while Johnson Rice analysts kept a Buy rating on SOC stock.
The Average True Range (ATR) for Sable Offshore Corp is set at 1.99 The Price to Book ratio for the last quarter was 10.51, with the Price to Cash per share for the same quarter was set at 2.51.
Trading performance analysis for SOC stock
Sable Offshore Corp [SOC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 24.98. With this latest performance, SOC shares gained by 63.79% in over the last four-week period, additionally plugging by 44.89% over the last 6 months – not to mention a rise of 167.59% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SOC stock in for the last two-week period is set at 79.38, with the RSI for the last a single of trading hit 87.55, and the three-weeks RSI is set at 72.39 for Sable Offshore Corp [SOC]. The present Moving Average for the last 50 days of trading for this stock 22.71, while it was recorded at 29.30 for the last single week of trading, and 22.35 for the last 200 days.
Sable Offshore Corp [SOC]: A deeper dive into fundamental analysis
Sable Offshore Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.57 and a Current Ratio set at 1.67.
An analysis of Institutional ownership at Sable Offshore Corp [SOC]
The top three institutional holders of SOC stocks are: FMR LLC with ownership of 9.02 million shares, which is approximately 14.9999%. PILGRIM GLOBAL ADVISORS LLC, holding 8.0 million shares of the stock with an approximate value of $$120.56 million in SOC stocks shares; and PILGRIM GLOBAL ADVISORS LLC, currently with $$55.27 million in SOC stock with ownership which is approximately 6.0955%.
