Roth Capital Predicts Weaker Earnings for Sable Offshore

Sable Offshore Corp. (NYSE:SOC) – Analysts at Roth Capital dropped their Q1 2026 EPS estimates for Sable Offshore in a research report issued to clients and investors on Monday, April 14th. Roth Capital analyst L. Mariani now forecasts that the company will post earnings per share of $0.38 for the quarter, down from their prior estimate of $0.48. 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 Q2 2026 earnings at $0.37 EPS, Q3 2026 earnings at $0.46 EPS and Q4 2026 earnings at $0.50 EPS.

SOC has been the topic of several other research reports. BWS Financial reissued a “sell” rating and issued a $6.00 target price on shares of Sable Offshore in a research note on Tuesday, March 18th. Benchmark reissued a “buy” rating on shares of Sable Offshore in a research note on Tuesday, March 18th. Finally, Roth Mkm began coverage on shares of Sable Offshore in a report on Thursday, March 27th. They issued a “buy” rating and a $30.00 price target for the company. One equities research analyst has rated the stock with a sell rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $27.50.

Sable Offshore Stock Performance

SOC stock opened at $20.22 on Wednesday. The company has a debt-to-equity ratio of 4.86, a current ratio of 3.50 and a quick ratio of 3.34. Sable Offshore has a twelve month low of $10.11 and a twelve month high of $32.33. The business’s fifty day moving average is $24.59 and its 200-day moving average is $23.35.

Hedge Funds Weigh In On Sable Offshore

A number of large investors have recently modified their holdings of the business. FNY Investment Advisers LLC raised its stake in Sable Offshore by 1,190.1% in the 1st quarter. FNY Investment Advisers LLC now owns 15,094 shares of the company’s stock valued at $382,000 after acquiring an additional 13,924 shares during the period. Simplicity Wealth LLC bought a new position in shares of Sable Offshore in the first quarter valued at about $336,000. Rhumbline Advisers raised its position in shares of Sable Offshore by 8.1% in the first quarter. Rhumbline Advisers now owns 71,815 shares of the company’s stock valued at $1,822,000 after purchasing an additional 5,402 shares during the period. GAMMA Investing LLC lifted its stake in shares of Sable Offshore by 2,920.0% during the 1st quarter. GAMMA Investing LLC now owns 31,408 shares of the company’s stock worth $797,000 after buying an additional 30,368 shares during the last quarter. Finally, California State Teachers Retirement System boosted its holdings in shares of Sable Offshore by 29.0% during the 4th quarter. California State Teachers Retirement System now owns 31,856 shares of the company’s stock worth $730,000 after buying an additional 7,152 shares during the period. 26.19% of the stock is currently owned by institutional investors and hedge funds.

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.