Morgan Stanley lifted target from USD 76 to USD 90 for Scorpio Tankers stock

Published on 10/18/2026 at 12:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue hit USD 408.73 million, up 77.50 percent year over year. Earnings are due October 29, 2026 for Scorpio Tankers stock.

Analyst target and operating figures

Morgan Stanley's October 13, 2026 note lifted the target from USD 76.00 to USD 90.00.
Second-quarter revenue reached USD 408.73 million, up 77.50 percent year over year.
Scorpio Tankers' market value was USD 4.1 billion on October 16, 2026.

STNG, MHY7542C1306, Illustration mit AI erstellt.

Scorpio Tankers (MHY7542C1306) saw Morgan Stanley lift its price target from USD 76.00 to USD 90.00 in a note dated October 13, 2026, according to The Stock Observer. The brokerage kept an equal-weight rating.

Scorpio Tankers also entered the latest reporting cycle with strong operating figures. Revenue reached USD 408.73 million in the second quarter of 2026, compared with USD 230.23 million a year earlier, while net income rose to USD 387.54 million from USD 73.51 million, according to MarketBeat on October 18, 2026.

Three dates shape fleet renewal

Scorpio Tankers' recent chronology shows a company reallocating capital toward newer vessels. On July 30, 2026, second-quarter revenue reached USD 408.73 million, up 77.50 percent year over year, according to MarketBeat. On September 29, 2026, the company announced USD 415.60 million of purchases for four newbuildings while agreeing to sell three tankers for USD 180.50 million, according to Scorpio Tankers.

On October 13, 2026, Morgan Stanley raised its target from USD 76.00 to USD 90.00 while retaining an equal-weight view, according to The Stock Observer. The higher target puts earnings execution and fleet investment at the center of the valuation debate.

What dates matter next?

The next earnings date is listed as October 29, 2026 by Kaplio. The fleet release schedules two VLCC deliveries for September and October 2028 and two LR2 deliveries for October and November 2029, according to Scorpio Tankers.

Stock context for German investors

On the NYSE, STNG was last at USD 81.45 on October 16, 2026 at 4:00 p.m. ET. Its 52-week range was USD 48.93 to USD 90.06, and its market value was USD 4.1 billion on that date.

The company operates a fleet of 74 product tankers, including 25 LR2 vessels, 35 MR vessels and 14 Handymax vessels, with an average age of 10.2 years. The latest fleet plan therefore combines asset sales with deliveries extending into 2029.

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