Tsakos Energy Navigation Ltd saw a price increase of 4.62%, reaching a 20-day high. This movement occurs in a mixed market environment, with the Nasdaq-100 down 0.54% and the S&P 500 slightly up by 0.01%.
The stock's rise is attributed to sector rotation, as investors are shifting their focus towards energy stocks amid broader market fluctuations. The current interest in dividend stocks, as highlighted by the European market's projected returns, may also be influencing investor sentiment towards energy companies like Tsakos Energy Navigation Ltd.
This upward movement suggests that Tsakos Energy Navigation Ltd is benefiting from a strategic repositioning of investor interests, particularly in the energy sector, which could lead to further gains if the trend continues.
Wall Street analysts forecast TEN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TEN is 37.50 USD with a low forecast of 35.00 USD and a high forecast of 40.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
Wall Street analysts forecast TEN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TEN is 37.50 USD with a low forecast of 35.00 USD and a high forecast of 40.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 27.140
Low
35.00
Averages
37.50
High
40.00
Current: 27.140
Low
35.00
Averages
37.50
High
40.00
Clarksons
Frode Morkedal
initiated
$35
2025-12-15
Reason
Clarksons
Frode Morkedal
Price Target
$35
AI Analysis
2025-12-15
initiated
Reason
Clarksons analyst Frode Morkedal initiated coverage of TEN, Ltd. with a Buy rating and $35 price target.
About TEN
Tsakos Energy Navigation Ltd is a Greece-based provider of international seaborne crude oil and petroleum product transportation services. The Company operates through the maritime transportation of liquid energy-related products segment. The Company's fleet consists of 70 vessels, constituting a mix of crude tankers, product tankers, and liquefied natural gas (LNG) carriers, totaling more than 7 million dwt. It includes VLCC, Aframax, Panamax, handysize, handymax tankers, LNG carrier, and DP2 shuttle tankers, which allows the Company to serve its customers' international petroleum product and crude oil transportation needs.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
