Himalaya Shipping stock | Growth outlook for 2026 & price target

Himalaya Shipping

OB:HSHP

$ 123,40

$-2,00 (-1,59%)

123,40 $

$-2,00 (-1,59%)

End-of-day quote: 03/27/2026

Himalaya Shipping Stock Value

The current analyst rating for OB:HSHP is Hold.

Hold

Himalaya Shipping Company Info

EPS Growth 5Y

102,74%

Market Cap

$5,77 B

Long-Term Debt

$0,67 B

Quarterly earnings

05/22/2026 (E)

Dividend

$7,14

Dividend Yield

5,79%

Founded

2021

Industry

Industrials

Country

Bermuda

Website

Himalaya Shipping

ISIN Number

BMG4660A1036

Website

http://himalaya-shipping.com

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

$14,52

-88.23%

Last Update: 03/28/2026

Analysts: 3

Highest Price Target $16,98

Average Price Target $14,52

Lowest Price Target $7,56

In the last five quarters, Himalaya Shipping’s Price Target has risen from $5,86 to $7,83 - a 33,62% increase. Three analysts predict that Himalaya Shipping’s share price will fall in the coming year, reaching $14,52. This would represent a decrease of -88,23%.

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

What does Himalaya Shipping do?

Himalaya Shipping Ltd. (Himalaya Shipping) operates in the dry bulk shipping industry. Vessels The company operates twelve Newcastlemax dry bulk vessels. Ship Management Agreements The company has outsourced technical management of its vessels to third-party ship managers, OSM and Wilhelmsen. The Ship Managers provide services, including crew, ship maintenance, repairs, alterations, and the upkeep of the vessel, appointing surveyors and technical consultants, including arranging the transpor...

Himalaya Shipping Ltd. (Himalaya Shipping) operates in the dry bulk shipping industry.

Vessels

The company operates twelve Newcastlemax dry bulk vessels.

Ship Management Agreements

The company has outsourced technical management of its vessels to third-party ship managers, OSM and Wilhelmsen. The Ship Managers provide services, including crew, ship maintenance, repairs, alterations, and the upkeep of the vessel, appointing surveyors and technical consultants, including arranging the transportation of shore personnel when servicing the vessel, technical support, arranging supervisory visits to the vessel, and maintaining a safety management system, and related services to it.

Fleet

The company has twelve newbuilding dual-fueled Newcastlemax 210,000 dwt dry bulk vessels in operation, which comprise its fleet. Two of the company’s vessels were bunkered with LNG and partially operated using LNG in 2024.

Charter Agreements

The company entered into charter agreements for all its vessels, pursuant to which all are employed on index-linked time charters. There is an option under the time charter agreements which enables it to convert the rates to fixed rates from time to time, subject to mutual agreement by the charterers. As of March 20, 2025, index-linked charters for two vessels have been converted to fixed rate charters from April 1, 2025 to December 31, 2025. Once the fixed charter periods end, the vessels will resume their index-linked time charters.

Strategy

The company’s strategy is to maximize shareholder returns from the company’s fleet of 12 Newcastlemax vessels. The key elements of the company’s strategy are to leverage dual fuel LNG technology, fuel-saving technology and lower environmental impact of the company’s fleet; and pursue its simple business model with a focus on the Newcastlemax segment.

Financing Arrangements

A significant part of the purchase price of the company’s vessels was financed under the Sale and Leaseback Agreements, and upon delivery to the company, these vessels were sold to SPVs owned by the company’s Leasing Providers and then leased back to it under bareboat charters.

Employment of the company’s Fleet

As of March 20, 2025, all of the company’s vessels were in operation. The company has index-linked time charter agreements for all 12 vessels with certain rights to convert the time charter to fixed rates from time to time. As of March 20, 2025, index-linked charters for two vessels have been converted to fixed rate charters from April 1, 2025 to December 31, 2025. Charter periods under the time charter agreements are between 14 to 38 months, plus certain extension options. The company intends to employ its vessels primarily in the index-linked time charter, fixed rate time charter or voyage charter markets.

The company’s vessels operate on a worldwide basis and are not restricted to specific locations. The company’s charterers determine the trading routes, and the type of commodities transported on the company’s vessels. Accordingly, it is not possible to breakdown the company’s revenues to specific geographical locations.

Customers

The company's customers are major commodity companies and multi-modal transport companies. The company's potential customers also include regional and international companies, including large dry bulk operators and end users.

Seasonality

The company operates its vessels in markets that have historically exhibited seasonal variations in demand, particularly in the Capesize segment, given its share of the iron ore trade, and as a result, in charter hire rates.

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 the company to obtain permits, licenses, certificates and other authorizations for the operation of the company’s vessels.

Under Chapter IX of the SOLAS Convention, or the ISM Code, the company’s operations are also subject to environmental standards and requirements.

The company has obtained applicable documents of compliance for the company’s offices and safety management certificates for all of the company’s delivered vessels for which the certificates are required by the IMO.

The company has obtained Anti-fouling System Certificates for all of the company’s delivered vessels that are subject to the Anti-fouling Convention.

The EPA and the USCG have also enacted rules relating to ballast water discharge, compliance with which requires the installation of equipment on the company’s vessels to treat ballast water before it is discharged or the implementation of other port facility disposal arrangements or procedures at potentially substantial costs, and/or otherwise restrict the company’s vessels from entering the U.S. Waters.

The company has the U.S. Coast Guard approved ballast water treatment installed on its vessels.

All the company’s vessels in operation are in substantial compliance with and certified to meet the Maritime Labor Convention 2006. All of the company’s vessels are certified as being ‘in class’ by the American Bureau of Shipping.

History

Himalaya Shipping Ltd. was founded in 2021. The company was incorporated in Bermuda in 2021 pursuant to the Companies Act 1981 of Bermuda.

Himalaya Shipping Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry Revenue:** - Shipping and Logistics: 100% (2025) **TOP 3 Markets:** - China: 40% - India: 25% - Europe: 20% Himalaya Shipping Ltd. is mainly engaged in the field of shipping and logistics, with the entire revenue coming from this industry. The company's key markets are China, India...

At which locations are the company’s products manufactured?

**Production Sites:** China, South Korea Himalaya Shipping Ltd. is mainly active in the field of maritime transport and owns a fleet of bulk carriers. The production and construction of these ships take place in renowned shipyards in China and South Korea. These countries are known for their advanc...

What strategy does Himalaya Shipping pursue for future growth?

**Fleet Expansion:** 10 new ships by 2026 **Sustainability Initiatives:** Investments in low-emission technologies Himalaya Shipping Ltd. is pursuing a growth strategy focused on expanding its fleet and implementing sustainable technologies. The company plans to put a total of 10 new ships into...

Which raw materials are imported and from which countries?

**Main raw materials:** Iron ore, coal **Countries of origin:** Australia, Brazil, South Africa Himalaya Shipping Ltd. is a company specializing in the transportation of raw materials, particularly bulk commodities such as iron ore and coal. These raw materials are mainly imported from productive...

How strong is the company’s competitive advantage?

**Market share:** Estimated 10% in the bulk carrier sector (2025) **Fleet size:** 12 ships (2025) Himalaya Shipping Ltd. has gained a solid competitive advantage in the bulk carrier sector. The company owns a modern fleet of 12 ships that are specifically optimized for the transport of bulk goods....

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 45% (estimated, 2025) **Insider Purchases:** No significant purchases in the last year **Insider Sales:** 2% of shares in the last year The institutional investor share in Himalaya Shipping Ltd. is estimated to be around 45%. This indicates a moderate interest fr...

What percentage market share does Himalaya Shipping have?

**Market share of Himalaya Shipping Ltd.:** Estimate: 2-3% (2025) **Top competitors and their market shares:** 1. **Maersk Line**: 15% 2. **Mediterranean Shipping Company (MSC)**: 14% 3. **CMA CGM Group**: 12% 4. **COSCO Shipping**: 10% 5. **Hapag-Lloyd**: 8% 6. **Evergreen Marine**: 6% 7. **ONE (O...

Is Himalaya Shipping stock currently a good investment?

**Revenue Growth:** 8.5% (2024) **EBITDA Margin:** 35% (2024) **Leverage Ratio:** 0.45 (2024) Himalaya Shipping Ltd. achieved a revenue growth of 8.5% in 2024, attributed to strong demand in the shipping sector and effective fleet utilization. The EBITDA margin of 35% demonstrates solid operational...

Does Himalaya Shipping pay a dividend – and how reliable is the payout?

**Dividend Yield:** 4.2% (estimated for 2025) Himalaya Shipping Ltd. has announced a dividend yield of approximately 4.2% for the year 2025. The reliability of dividend payment depends on several factors, including the financial stability of the company and market conditions in the shipping sector....

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Himalaya Shipping Stock Value

Himalaya Shipping 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 Himalaya Shipping do?

Himalaya Shipping Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Himalaya Shipping Stock Value

Himalaya Shipping 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 Himalaya Shipping do?

Himalaya Shipping Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

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