Nordic American Tankers stock: B. Riley raises target from USD 8.00 to USD 10.00

Published on 10/23/2026 at 07:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NAT posted USD 79.3 million revenue in second quarter 2026. Nordic American Tankers stock had USD 1.6 billion market value on October 22, 2026.

Target and reporting dates

The target moved from USD 8.00 to USD 10.00 on October 5, 2026.
Second-quarter net voyage revenue reached USD 79.3 million and earnings per share were USD 0.32 on August 27, 2026.
NAT set its annual meeting for November 20, 2026, with earnings scheduled for November 27, 2026.

NAT, BMG657731060, Illustration mit AI erstellt.

Nordic American Tankers (BMG657731060) received a higher B. Riley price target of USD 10.00 from USD 8.00 on October 5, 2026, while the analyst kept a Buy rating, according to MarketScreener. The move puts the target 32.63 percent above the USD 7.54 NYSE price dated October 22, 2026.

Second-quarter earnings set the base

Nordic American Tankers reported second-quarter results for the period ended June 30, 2026, on August 27. Net voyage revenue was USD 79.3 million and diluted earnings per share reached USD 0.32, figures also listed by Earnings Today.

The quarter also produced USD 68.3 million in net income and USD 68.8 million in operating cash flow. Those figures give the target revision a measurable operating backdrop, although the target remains an analyst estimate rather than a company forecast.

What do the next dates mean?

The required chronology is clear. On August 27, 2026, second-quarter earnings per share reached USD 0.32. On September 28, 2026, NAT set its annual general meeting for November 20, 2026, as reported by Globenewswire via Ritzau. On October 5, 2026, B. Riley raised its target from USD 8.00 to USD 10.00.

The next two dated events are the November 20, 2026 annual meeting and the November 27, 2026 scheduled earnings report, according to Earnings Today. For investors, the key comparison is between the USD 10.00 target and the USD 7.54 market price, not between the target and the prior earnings figure.

NYSE price and market value

On the NYSE, NAT was last quoted at USD 7.54 on October 22, 2026 at 4:00 p.m. ET. The stock's market capitalization was USD 1.6 billion on that date, and its 52-week range was USD 3.33 to USD 8.88.

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