Roth Capital Reduces Earnings Estimates for Sable Offshore

Key Points

• Roth Capital has lowered its Q3 2025 earnings estimate for Sable Offshore Corp. to ($0.97) per share, down from a previous estimate of ($0.96), maintaining a "Buy" rating and a target price of $28.00 on the stock.
• Sable Offshore recently reported a quarterly loss of ($1.10) EPS, missing analysts' consensus estimates by ($0.44).
• Despite a revised earnings outlook, six analysts rate Sable Offshore as a Buy while two analysts issued a Sell rating, indicating a Moderate Buy consensus with an average price target of $28.20.

Sable Offshore Corp. (NYSE:SOC - Free Report) - Analysts at Roth Capital cut their Q3 2025 earnings per share estimates for shares of Sable Offshore in a research note issued on Tuesday, October 14th. Roth Capital analyst L. Mariani now anticipates that the company will post earnings of ($0.97) per share for the quarter, down from their prior estimate of ($0.96). Roth Capital currently has a "Buy" rating and a $28.00 target price on the stock. 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 Q4 2025 earnings at ($0.14) EPS, FY2025 earnings at ($3.86) EPS, Q1 2026 earnings at $0.21 EPS and FY2026 earnings at $1.87 EPS.

Sable Offshore (NYSE:SOC - Get Free Report) last posted its quarterly earnings results on Tuesday, August 12th. The company reported ($1.10) EPS for the quarter, missing analysts' consensus estimates of ($0.66) by ($0.44).

Separately, Weiss Ratings reissued a "sell (d)" rating on shares of Sable Offshore in a report on Wednesday, October 8th. Six analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Sable Offshore currently has a consensus rating of "Moderate Buy" and an average price target of $28.20.

Sable Offshore Price Performance

Sable Offshore stock opened at $13.14 on Friday. Sable Offshore has a 52 week low of $12.39 and a 52 week high of $35.00. The stock has a fifty day moving average of $23.29 and a 200-day moving average of $23.88.

Institutional Investors Weigh In On Sable Offshore

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Encompass Capital Advisors LLC grew its position in shares of Sable Offshore by 83.8% in the 2nd quarter. Encompass Capital Advisors LLC now owns 4,952,023 shares of the company's stock valued at $108,845,000 after buying an additional 2,257,069 shares during the last quarter. Cooper Creek Partners Management LLC bought a new stake in shares of Sable Offshore in the 2nd quarter valued at about $24,465,000. Bank of America Corp DE grew its position in shares of Sable Offshore by 329.8% in the 2nd quarter. Bank of America Corp DE now owns 1,124,427 shares of the company's stock valued at $24,715,000 after buying an additional 862,810 shares during the last quarter. Two Seas Capital LP bought a new stake in shares of Sable Offshore in the 2nd quarter valued at about $9,708,000. Finally, State Street Corp grew its position in shares of Sable Offshore by 16.1% in the 2nd quarter. State Street Corp now owns 3,035,292 shares of the company's stock valued at $66,716,000 after buying an additional 420,433 shares during the last quarter. Institutional investors own 26.19% of the company's stock.

Sable Offshore Company Profile

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.

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