Sable Offshore Corp. (NYSE:SOC) Receives $19.00 Consensus Target Price from Brokerages

Sable Offshore Corp. (NYSE:SOC) has been given an average rating of “Hold” by the six analysts that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, one has given a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $19.00.

A number of equities research analysts have weighed in on SOC shares. TD Cowen restated a “buy” rating on shares of Sable Offshore in a report on Thursday, December 18th. Jefferies Financial Group reissued a “buy” rating and issued a $28.00 price target on shares of Sable Offshore in a research report on Thursday, March 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Sable Offshore in a research note on Tuesday, January 27th. Benchmark reaffirmed a “hold” rating on shares of Sable Offshore in a research report on Thursday, March 5th. Finally, Roth Mkm reiterated a “buy” rating on shares of Sable Offshore in a research note on Wednesday, December 24th.

Sable Offshore Trading Down 3.7%

Shares of SOC stock opened at $16.21 on Thursday. The company’s fifty day moving average price is $10.44 and its 200-day moving average price is $11.92. The stock has a market cap of $2.35 billion, a PE ratio of -3.86 and a beta of 0.43. Sable Offshore has a 12 month low of $3.72 and a 12 month high of $35.00.

Sable Offshore (NYSE:SOC) last issued its quarterly earnings results on Friday, February 27th. The company reported ($0.39) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.59) by $0.20. The business had revenue of $1.00 million during the quarter, compared to the consensus estimate of $0.50 million. On average, sell-side analysts forecast that Sable Offshore will post -6.39 earnings per share for the current fiscal year.

Trending Headlines about Sable Offshore

Here are the key news stories impacting Sable Offshore this week:

• Positive Sentiment: Federal emergency order (Defense Production Act) directed Sable to resume oil flow through the Santa Ynez pipeline, prompting a market rally as the company restarted transportation under that directive. Sable resumes California oil pipeline flow under federal order, shares rise
• Positive Sentiment: Sable said it resumed oil flow with an expected gross rate of ~50,000 barrels per day and is targeting first sales by April 1 — a near-term revenue path that likely improved investor sentiment. Sable Resumes Oil Flow as Ordered by the Federal DPA with Expected Gross Oil Rate of 50,000 Bbls/d and Expects First Sales by April 1, 2026
• Positive Sentiment: Market coverage and news outlets reported shares climbing (some outlets noting >6% intraday moves) after the Trump administration drilling directive, amplifying short-term buying interest and higher volumes. Sable Offshore shares climb over 6% on Trump drilling directive
• Neutral Sentiment: Major press coverage (WSJ, MSN) summarized the restart under the federal order; these pieces reinforce visibility but add little new operational detail beyond the DPA action and company statements. Sable Offshore Resumes Oil Transport Under Emergency Order
• Negative Sentiment: California’s Natural Resources Agency ordered Sable to remove a contested pipeline segment that crosses a state park—an immediate regulatory blow that could force costly rerouting, pauses in operations, or litigation, offsetting the federal restart benefits. California orders removal of Sable pipeline segment after federal push to restart drilling
• Negative Sentiment: Follow-up state enforcement coverage highlights escalating conflict between federal directives and state demands (California demanding pipeline removal), which raises execution risk, potential legal costs, and longer-term uncertainty for sustained production. California Demands Sable Remove Contested Oil Pipeline Segment

Hedge Funds Weigh In On Sable Offshore

Large investors have recently modified their holdings of the stock. KBC Group NV bought a new position in Sable Offshore in the 2nd quarter worth about $46,000. NewEdge Advisors LLC increased its stake in Sable Offshore by 36.2% during the 1st quarter. NewEdge Advisors LLC now owns 2,448 shares of the company’s stock valued at $62,000 after purchasing an additional 650 shares in the last quarter. Whittier Trust Co. of Nevada Inc. bought a new stake in Sable Offshore during the 4th quarter valued at about $37,000. Aster Capital Management DIFC Ltd raised its holdings in Sable Offshore by 263.2% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 5,230 shares of the company’s stock worth $47,000 after buying an additional 3,790 shares during the last quarter. Finally, MAI Capital Management bought a new position in shares of Sable Offshore in the second quarter worth approximately $123,000. Hedge funds and other institutional investors own 26.19% of the company’s stock.

About Sable Offshore

Sable Offshore (NYSE:SOC) is an independent upstream oil and natural gas company specializing in offshore hydrocarbon exploration and production. The company identifies and secures exploration and development rights, conducts detailed seismic interpretation, and advances offshore prospects through appraisal and development phases. Its focus on the offshore environment drives investments in specialized drilling techniques, subsea infrastructure and production facility design.

Core business activities include offshore seismic surveys, the drilling of exploration and appraisal wells, installation and operation of production platforms or subsea systems, and well intervention services.