Golden Ocean Group 2026 Forecast | Price, Valuation & Growth

Golden Ocean Group

NasdaqGM:GOGL

$ 7,98

$0,00 (0,00%)

7,98 $

$0,00 (0,00%)

End-of-day quote: 08/20/2025

Golden Ocean Group Stock Value

Analysts currently rate NasdaqGM:GOGL as sf_Data Unavailable.

Golden Ocean Group Company Info

EPS Growth 5Y

25,07%

Market Cap

$1,59 B

Long-Term Debt

$0,97 B

Quarterly earnings

04/30/2026 (E)

Dividend

$0,00

Dividend Yield

0,00%

Founded

1996

Industry

Industrials

Country

Bermuda

Website

Golden Ocean Group

ISIN Number

BMG396372051

Website

http://www.goldenocean.bm

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$10,00

25.31%

Last Update: 09/03/2025

Analysts: 1

Highest Price Target $10,00

Average Price Target $10,00

Lowest Price Target $10,00

In the last five quarters, Golden Ocean Group’s Price Target has fallen from $13,62 to $10,22 - a -24,96% decrease. Two analysts predict that Golden Ocean Group’s share price will increase in the coming year, reaching $10,00. This would represent an increase of 25,31%.

Top growth stocks in the industrials sector (5Y.)

What does Golden Ocean Group do?

Golden Ocean Group Limited operates as an international shipping company that owns and operates a fleet of dry bulk vessels. The company’s fleet consists of Newcastlemax, Capesize and Panamax vessels. Its vessels transport a range of major and minor bulk commodities, including ores, coal, grains and fertilizers, along worldwide shipping routes. Its vessels operate in the spot and time charter markets. As of March 20, 2025, the company owned 83 dry bulk vessels. Each vessel is owned and operate...

Golden Ocean Group Limited operates as an international shipping company that owns and operates a fleet of dry bulk vessels.

The company’s fleet consists of Newcastlemax, Capesize and Panamax vessels. Its vessels transport a range of major and minor bulk commodities, including ores, coal, grains and fertilizers, along worldwide shipping routes. Its vessels operate in the spot and time charter markets.

As of March 20, 2025, the company owned 83 dry bulk vessels. Each vessel is owned and operated by one of its subsidiaries and is flagged either in the Marshall Islands or Hong Kong. In addition, the company had eight vessels chartered-in from SFL, (of which seven are chartered in on finance leases and one is chartered in on an operating lease). In January 2025, the company sent a notice to SFL declaring the purchase option for the eight vessels. The purchase will be finalized during the third quarter of 2025. Of the 91 vessels that the company owns and operates, 8 of its vessels are chartered-out on fixed rate time charters, 28 of its vessels are chartered out on index linked rate time charters, and the remaining 55 vessels operate in the spot market.

Business Strategy

The company’s business strategy centers around the largest sizes of dry bulk carriers (Newcastlemax and Capesize). The company’s business strategy includes three main pillars (Simplification, Risk Management, and Decarbonization) on which it is focusing its efforts: simplification relates to the increased focus on its core business and its capabilities as a shipowner in large-size dry bulk shipping; risk management relates to its decision making on fixed-paying income versus spot exposure, as well as on enhancing transparency and accountability through clearly defined risk parameters; and decarbonization and digitalization refers to its focus on positioning the company for a low-carbon future by exploring new technologies and optimization tools.

Technical Supervision Services

Up until January 1, 2024, the company received technical supervision services from Frontline Management (Bermuda) Limited (Frontline Management) which included supervision of ship management companies. Pursuant to the terms of the agreement. Beginning January 1, 2024, technical supervision of ship management companies is performed by Golden Ocean's technical team.

Seasonality

The dry bulk trade has a history of tracking seasonal demand fluctuations. As China is the most significant market for dry bulk shipping, the public holidays in relation to the Chinese New Year during the first quarter (year ended December 31, 2024) usually results in a decrease in market activity during this period. Also, in the last few years, adverse weather conditions in the Southern Hemisphere, which often occur during the first quarter, have had a negative impact on iron ore and coal exports from Australia and iron ore exports from Brazil.

Customers

For the year ended December 31, 2024, two customers accounted for 10% or more of the company’s consolidated revenues.

Environmental and Other Regulations in the Shipping Industry

A variety of government and private entities subject the company’s vessels to both scheduled and unscheduled inspections. These entities include the local port authorities (applicable national authorities such as the USCG, harbor master or equivalent), classification societies, flag state administrations (countries of registry) and charterers, particularly terminal operators. Certain of these entities require it to obtain permits, licenses, certificates and other authorizations for the safe operation of its vessels.

Under Chapter IX of the SOLAS Convention, or the International Safety Management Code for the Safe Operation of Ships and for Pollution Prevention (the ISM Code), the company’s operations are also subject to environmental standards and requirements. The company relies upon the safety management system that its managers have developed for compliance with the ISM Code. The company’s managers have obtained applicable documents of compliance for their offices and safety management certificates for all of its vessels for which the certificates are required by the ISM.

Both The U.S. Oil Pollution Act of 1990 (OPA) and the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) impact the company’s operations.

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Golden Ocean Group Stock Value

Golden Ocean Group Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Golden Ocean Group do?

Offer & Services

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Company & Legal

New support ticket

Explore

Golden Ocean Group Stock Value

Golden Ocean Group Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Golden Ocean Group do?

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.