TORM plc (TRMD) Stock Forecast and Price Target (2026)
Last updated July 2026
Short answer
There is no meaningful analyst consensus for TORM plc (TRMD): too few analysts publish estimates on it for an average target to mean anything. That is normal for smaller and newer companies and says nothing about the business. What is left is the setup, the drivers and the risks below, which you assess yourself rather than starting from someone else's model. Walnut is not an investment adviser.
Why TRMD has no consensus price target
Sell-side coverage follows trading volume and banking relationships, so smaller companies, recent listings, and names outside the major indices often carry little or none. That is the situation with TRMD. It says nothing about the quality of the business, but it does mean there is no informed average to anchor to, and that any single target you find elsewhere is one analyst's model rather than a consensus.
The very low P/E (around 4x) and high trailing dividend yield (around 13%) are characteristic of a shipping company earning near a cyclical peak, where the market assumes profits and payouts will normalize lower. FY2025 net income of about $286m was already down sharply from about $612m in 2024, illustrating how fast results move with freight rates. Q1 2026 profit nearly doubled year over year on rate strength tied to trade disruption, and management raised full-year 2026 guidance.
What could move TRMD from here
In short: the drivers cited most often are Strong product-tanker freight market, Variable dividend tied to profit, Fleet renewal and scale. The risk cited most often against it is tORM's earnings are highly cyclical and swing with product-tanker freight rates, which the company does not control and which depend on global refined-product demand, trade routing, vessel supply, and newbuild deliveries.
Both sides are worked through properly, with the high and low targets used as the bull and bear anchors, on the TRMD is it a buy page. This page deliberately stops at the numbers.
Investing in TORM plc with AI
Connect the broker you already use and ask Walnut's AI how TRMD fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
What is the price target for TORM plc (TRMD)?
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There is no meaningful consensus price target for TRMD, because too few analysts publish on it. That is common for smaller and newer companies. Where only one or two analysts cover a stock, an "average target" is really one person's model, so we do not print a number that would imply more agreement than exists. Check your broker's research tab for whatever individual coverage exists.
Why does TRMD have no analyst forecast?
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Sell-side coverage follows trading volume and banking relationships, so small caps, recent listings, and companies outside the major indices often carry little or none. A lack of coverage says nothing about the business itself. It does mean you are doing the analysis yourself rather than starting from someone else's model.
What could move TRMD?
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The drivers and the risks are laid out on this page and in more depth on the TRMD "is it a buy" page. Without analyst estimates to anchor to, the honest framing is scenarios rather than a number.
Walnut is informational, not investment advice, and does not publish price targets of its own. The analyst figures on this page come from a August 2026 data pull of published third-party research, are approximate, and change constantly. Verify current figures with your broker before acting on them.