Frontline plc (FRO) Sees Price Target Increase Following Strong Tanker Market Performance

Frontline plc (NYSE:FRO) is one of the best marine shipping stocks to buy right now.

On February 27, analysts at Evercore ISI reiterated their Outperform rating on Frontline plc (NYSE:FRO) and raised the price target to $42 from $31. The price target hike is in response to solid fourth-quarter 2025 results.

The company delivered adjusted earnings per share of $1.03, beating the research firm's estimate by one cent. During the quarter, it achieved average daily spot time charter equivalent earnings of $74,200 for VLCCs, $53,800 for Suezmax tankers, and $33,500 per day for LR2/Aframax tankers.

“The fourth quarter of 2025 reinforced the positive momentum established in the third quarter. For several years, Frontline has maintained that the growing imbalance between oil demand growth and limited fleet supply would create a constructive market environment and the firm trend has carried into the first quarter of 2026,” said Lars H. Barstad, Chief Executive Officer.

Evercore ISI has consequently raised its first-quarter 2026 earnings-per-share forecast for Frontline to $1.53 from $1.14.

In addition, the company asserted its commitment to shareholder value by announcing a $1.03 quarterly dividend representing a 100% payout. It marks the eighth consecutive quarter that the company has paid dividends.

Frontline plc (NYSE:FRO) is a leading international shipping company primarily focused on the seaborne transportation of crude oil and refined products. Operating one of the world's largest modern tanker fleets, they specialize in using VLCC, Suezmax, and Aframax/LR2 tankers for global oil logistics.

While we acknowledge the potential of FRO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the

.

READ NEXT:

40 Most Popular Stocks Among Hedge Funds Heading Into 2026

 and 12 Best Gold Stocks to Buy According to Analysts.

Disclosure: None.