Q1 EPS Estimates for Sable Offshore Decreased by Analyst

Sable Offshore Corp. (NYSE:SOC) – Research analysts at Roth Capital lowered their Q1 2026 earnings estimates for shares of Sable Offshore in a report released on Monday, April 14th. Roth Capital analyst L. Mariani now anticipates that the company will post earnings of $0.38 per share for the quarter, down from their prior estimate of $0.48. The consensus estimate for Sable Offshore’s current full-year earnings is ($6.39) per share. Roth Capital also issued estimates for Sable Offshore’s Q2 2026 earnings at $0.37 EPS, Q3 2026 earnings at $0.46 EPS and Q4 2026 earnings at $0.50 EPS.

A number of other research analysts have also recently commented on SOC. Pickering Energy Partners started coverage on Sable Offshore in a research note on Tuesday, December 17th. They issued an “outperform” rating for the company. Roth Mkm started coverage on shares of Sable Offshore in a research note on Thursday, March 27th. They set a “buy” rating and a $30.00 price objective on the stock. Benchmark reaffirmed a “buy” rating on shares of Sable Offshore in a research note on Tuesday, March 18th. Finally, BWS Financial restated a “sell” rating and issued a $6.00 price target on shares of Sable Offshore in a research note on Tuesday, March 18th. One research analyst has rated the stock with a sell rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.50.

Sable Offshore Stock Performance

Shares of NYSE SOC opened at $19.69 on Wednesday. The company has a current ratio of 3.50, a quick ratio of 3.34 and a debt-to-equity ratio of 4.86. Sable Offshore has a 1 year low of $10.11 and a 1 year high of $32.33. The company’s 50-day moving average is $24.63 and its 200 day moving average is $23.37.

Hedge Funds Weigh In On Sable Offshore

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SOC. Summit Securities Group LLC purchased a new stake in shares of Sable Offshore during the fourth quarter valued at $53,000. IFP Advisors Inc purchased a new stake in Sable Offshore in the fourth quarter worth approximately $81,000. ORG Wealth Partners LLC bought a new stake in Sable Offshore in the 4th quarter worth approximately $106,000. Salem Investment Counselors Inc. raised its stake in Sable Offshore by 81.8% during the 4th quarter. Salem Investment Counselors Inc. now owns 5,000 shares of the company’s stock valued at $114,000 after buying an additional 2,250 shares during the last quarter. Finally, KLP Kapitalforvaltning AS bought a new position in shares of Sable Offshore during the 4th quarter valued at $144,000. 26.19% of the stock is owned by institutional investors.

About Sable Offshore

Sable Offshore Corp. engages in the oil and gas exploration and development activities in the United States. The company operates through three platforms located in federal waters offshore California. It owns and operates 16 federal leases across approximately 76,000 acres and subsea pipelines, which transport crude oil, natural gas, and produced water from the platforms to the onshore processing facilities.