Should You Buy Sable Offshore Corp (SOC) Today? Analysis, Price Targets, and 2026 Outlook.
Conclusion
Hold
Latest Price
9.870
1 Day change
-3.71%
52 Week Range
35.000
Analysis Updated At
2026/01/26
Sable Offshore Corp (SOC) is not a good buy for a beginner, long-term investor at this time. The company is facing significant legal and operational uncertainties, financial struggles, and lacks strong positive catalysts to justify an investment. The technical indicators and options data do not suggest a strong entry point, and the recent news and financial performance highlight substantial risks.
Technical Analysis
The MACD is slightly positive but contracting, indicating weakening momentum. RSI is neutral at 44.868, showing no clear overbought or oversold conditions. Moving averages are converging, suggesting indecision in the market. Key support is at $9.58, and resistance is at $11.169. The stock is currently trading below the pivot point, indicating bearish sentiment.
Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
The low put-call ratios suggest a slightly bullish sentiment in the options market. However, the high implied volatility (161.04) and IV percentile (93.6) indicate significant uncertainty and risk.
Moving Average Consensus
Sell
7
Buy
4
Positive Catalysts
2026/01/26 05:30:25
Federal support for the Santa Ynez Unit restart and PHMSA approval of the pipeline restart plans are potential long-term positives. Analysts maintain Buy ratings with price targets significantly higher than the current price, indicating perceived upside if operational challenges are resolved.
Neutral/Negative Catalysts
2026/01/26 05:30:25
The California Attorney General's lawsuit to block pipeline restart creates significant legal and operational uncertainty. The company's financial performance is weak, with negative net income and EPS. Recent stock price drops (-15.89%) highlight market concerns. Additionally, no significant hedge fund or insider activity suggests a lack of confidence.
Financial Performance
In Q3 2025, revenue remained stagnant at $0. Net income dropped by -56.81% YoY to -$110.38M, and EPS fell by -72.99% YoY to -1.11. Gross margin also showed no improvement. These figures indicate severe financial struggles and no growth.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Analysts maintain Buy ratings with price targets ranging from $19 to $22, citing potential long-term growth and federal support. However, recent lawsuits and operational delays have caused volatility and uncertainty, leading to mixed sentiment.
Wall Street analysts forecast SOC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SOC is 22.5 USD with a low forecast of 19 USD and a high forecast of 29 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.
4 Analyst Rating
Wall Street analysts forecast SOC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SOC is 22.5 USD with a low forecast of 19 USD and a high forecast of 29 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.
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 10.250
Low
19
Averages
22.5
High
29
Current: 10.250
Low
19
Averages
22.5
High
29
Benchmark
Subash Chandra
Buy
maintain
$20
AI Analysis
2026-01-02
Reason
Benchmark
Subash Chandra
Price Target
$20
AI Analysis
2026-01-02
maintain
Buy
Reason
Benchmark analyst Subash Chandra says Sable Offshore's Santa Ynez Unit is "the closest it has been" to restart after the 9th Circuit Court of Appeals denied an emergency stay requested by environmental groups, but notes that the case wasn't dismissed, with responses and briefs due over the next few months. The firm has a Buy rating and $20 price target on Sable Offshore shares, which are up $1.69, or 19%, to $10.72 in Friday pre-market trading.
Jefferies
Buy
maintain
$19
2025-12-29
Reason
Jefferies
Price Target
$19
2025-12-29
maintain
Buy
Reason
Jefferies reiterated a Buy rating and $19 price target on Sable Offshore, noting that the company's December 23 announcement that he Pipeline and Hazardous Materials Safety Administration had issued an Emergency Special Permit approving the company's restart plans for Lines 324 and 325 was followed by an NGO lawsuit with the 9th Circuit Court of Appeals. The firm said questions remain over what happens next, notably whether the case will result in an injunction. The uncertainty has led to volatility, but the firm believes there is a mismatched risk-reward, assuming federal support for the onshore option continues, the analyst tells investors in a research note, adding that we should know more over the next few weeks.
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