DHT Holdings

DHT · NYSE

$23.35+$0.32 (+1.39%)TodayMarket closed · Oct 20, 7:52 PM ET

Prev close $23.03

DHT analyst rating

BuyConsensus of 3 analysts over the last 12 months. 67% rate it a buy.

Strong buy0
Buy2
Hold1
Underperform0
Sell0

12-month price target · 9 analysts

Average $22.29 (−4.6% downside)

Low: $19.19
Now: $23.35
High: $27.30

Upgrades and downgrades

The latest rating actions, newest first

DHT analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
BTIG	Sep 18, 2026	Maintains	Buy	$23.00 → $28.00	45%
Evercore ISI Group	Apr 22, 2026	Downgrade	Outperform → In-Line	$23.00 → $19.00	63%
BTIG	Apr 22, 2026	Maintains	Buy	$18.00 → $23.00	45%
BTIG	Feb 4, 2026	Maintains	Buy	$16.00 → $18.00	45%
Jefferies	Oct 30, 2025	Maintains	Buy	$16.00	72%
BTIG	Oct 30, 2025	Maintains	Buy	$16.00	45%
Evercore ISI Group	Oct 28, 2025	Maintains	Outperform	$14.00 → $15.00	63%

The case for and against

Updated Oct 15, 2026

Bull case

DHT Holdings is favorably positioned because its VLCC-focused fleet and international trading exposure provide direct leverage to crude tanker market tightness, while the mix of spot and time-charter employment offers both upside capture and some revenue stability. Its revenue base is strengthened by voyage charter revenues, which should benefit when global crude flows and freight rates improve, and its subsidiary management footprint in Monaco, Norway, Singapore, and India supports efficient technical oversight across operations. Fundamentally, the business can generate attractive cash flow through fleet utilization and disciplined chartering, and that operating leverage gives the stock an appealing risk-reward profile for a positive outlook.

Bear case

DHT Holdings is facing a negative fundamental backdrop because the downside case assumes no contribution from future deals, leaving the company reliant on an existing asset base with limited optionality if operating conditions weaken. Steeper-than-expected revenue declines, driven by increased competition, would pressure cash generation and highlight how exposed the business is to cyclical freight markets and charter-rate volatility, especially when most revenue comes from voyage charter activity. Additional risks around financing and executing accretive acquisitions, along with interest rate and FX exposure, further cloud the earnings outlook and reduce confidence in sustained shareholder value creation.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.