BTIG keeps USD 28.00 target for DHT Holdings stock

DHT Holdings stock (ISIN MHY2065G1219) has a USD 28.00 analyst target as BTIG maintained its Buy rating in a report dated October 19, 2026, as Markets Insider reported on October 20, 2026. The target stands 13.82 percent above the USD 24.60 NYSE price dated October 23, 2026.

At Lang & Schwarz, DHT Holdings stock was trading at EUR 21.96 on October 24, 2026 at 1:04 p.m. CEST.

Results date sets the next marker

DHT is scheduled to report its third-quarter results on November 4, 2026, according to MetaCap. That date gives investors the next formal checkpoint after the company issued operating estimates for the quarter.

Fleet rates remain the operating measure

In its October 12, 2026 business update, DHT estimated third-quarter fleet time charter equivalent earnings at USD 141,300 per day. Its spot-market VLCC fleet was estimated at USD 167,100 per day, while time-charter VLCCs were estimated at USD 114,200 per day, according to Morningstar.

The update covered 2,055 revenue days, including 1,054 spot days. For the fourth quarter, DHT said 78 percent of available revenue days were estimated at an average USD 225,200 per day, while roughly half of available spot days had been booked at USD 509,100 per day. These are operating estimates rather than reported quarterly revenue.

Valuation and market position

DHT had a market capitalization of USD 4.0 billion and a price-to-earnings ratio of 8.37 as of October 23, 2026. Its 52-week range was USD 11.64 to USD 26.91, leaving the USD 24.60 NYSE price USD 2.31 below the high, or 8.58 percent. The company operates crude oil tankers, primarily very large crude carriers, and is listed on the NYSE under DHT.

The latest reported second-quarter revenue was USD 285.01 million and net profit was USD 198.34 million for the quarter ended June 30, 2026, compared with USD 128.32 million and USD 56.10 million a year earlier, respectively, as Markets Insider reported.

What comes next for DHT?

The November 4, 2026 results will put the October fleet estimates alongside recognized revenue, profit and cash generation. The USD 28.00 BTIG target provides a separate valuation marker, while the 52-week high remains a clear market level at USD 26.91.

Stock levels and reporting dates

DHT's operating indicators, upcoming results date and analyst target give the stock three distinct reference points for the next trading cycle. The company remains exposed to changes in crude tanker rates, so the reported quarter will determine how closely the operating estimates translated into earnings.

The further course of trading is shown by the continuously updated real-time quote of DHT Holdings stock.

Market context: Market report S&P 500.

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