12.25
price up icon1.83%   0.20
after-market After Hours: 12.25
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Golden Ocean Group Limited Stock (GOGL) Forecast

The Golden Ocean Group Limited (GOGL) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $15.79, representing a +28.91% increase from the current price of $12.25. The highest analyst price target is $16.19, and the lowest is $15.39.

Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month GOGL Price Target
Average 15.06 (+22.95% Upside)
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Is Golden Ocean Group Limited (GOGL) A Buy Now?

Oscillators
Name Value Action
RSI(14) 63.77 Neutral
STOCH(9,6) 90.37 Sell
STOCHRSI(14) 100.00 Sell
MACD(12,26) 0.1022 Buy
ADX(14) 21.07 Neutral
William %R -1.5152 Sell
CCI(14) 97.11 Neutral
Buy: 1 Sell: 3 Neutral: 3
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
11.80
Buy
11.79
Buy
MA20
11.28
Buy
11.63
Buy
MA50
11.84
Buy
11.77
Buy
MA100
12.18
Buy
12.05
Buy
MA200
12.70
Sell
11.70
Buy
Buy: 9 Sell: 1 Neutral: 0
Summary: Buy
According to our latest analysis, GOGL could be considered a Strong Buy, with 17 technical analysis indicators signaling 10 Buy signals, 4 signaling Sell signals and 3 Neutral signals. This might be a good time to open fresh positions on GOGL, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 63.77 indicates that GOGL is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 90.37 indicates that GOGL is oversold. This means that GOGL price is at or near the highest level over a specified lookback period.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 100 indicates that GOGL is oversold. This suggests that GOGL price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 21.07 suggests that there may be some movement in price, but it lacks strength or conviction.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 97.11 indicates that GOGL is still overbought but not to an extreme extent.

Long-term GOGL price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Golden Ocean Group Limited financial reports and earnings history, Golden Ocean Group Limited (GOGL) stock could reach $22.99 by 2030, $68.13 by 2040 and $94.59 by 2050. See the projected annual prices until 2050 of the Golden Ocean Group Limited stock below:

  • Golden Ocean Group Limited (GOGL) is expected to reach an average price of $51.39 in 2035, with a high prediction of $51.56 and a low estimate of $49.06. This indicates an $319.53% rise from the last recorded price of $12.25.
  • Golden Ocean Group Limited (GOGL) stock is projected to chart a bullish course in 2040, with an average price target of $67.75, representing an $453.08% surge from its current level. The forecast ranges from a conservative $66.99 to a sky-high $68.13.
  • Our analysts predict Golden Ocean Group Limited (GOGL) to jump 556.61% by 2045, soaring from $79.01 to an average price of $80.43, potentially reaching $80.99. While $79.01 is the low estimate, the potential upside is significant.
  • Golden Ocean Group Limited (GOGL) stock is expected to climb by 2050, reaching an average of $94.22, a $669.11% jump from its current level. However, a wide range of estimates exists, with high and low targets of $94.59 and $92.94, respectively, highlighting the market's uncertainty.

Golden Ocean Group Limited Stock (GOGL) Year by Year Forecast

Golden Ocean Group Limited Stock (GOGL) Price Forecast for 2024

Our forecast for GOGL stock price in 2024 now indicates an average price target of $12.94 with a high forecast of $16.38 and a low forecast of $9.50. The average prediction reflects an increase of +5.62% from the last recorded price of $12.25.
Month Average Low High Change from today's price
December, 2024 $15.77 $15.39 $16.19 +28.74%

Golden Ocean Group Limited Stock (GOGL) Price Forecast for 2025

Golden Ocean Group Limited Stock (GOGL) is expected to reach an average price of $15.16 in 2025, with a high prediction of $16.76 and a low estimate of $13.56. This indicates an +23.75% rise from the last recorded price of $12.25.
Month Average Low High Change from today's price
January, 2025 $15.89 $15.56 $16.33 +29.75%
February, 2025 $15.11 $15.00 $16.10 +23.32%
March, 2025 $14.85 $14.61 $15.67 +21.26%
April, 2025 $14.15 $13.56 $15.08 +15.54%
May, 2025 $14.84 $13.91 $15.03 +21.11%
June, 2025 $14.50 $14.12 $15.13 +18.39%
July, 2025 $15.74 $14.54 $16.06 +28.46%
August, 2025 $15.66 $15.47 $16.08 +27.87%
September, 2025 $15.99 $15.37 $16.14 +30.54%
October, 2025 $15.96 $15.78 $16.56 +30.25%
November, 2025 $16.28 $15.61 $16.30 +32.92%
December, 2025 $15.94 $15.87 $16.76 +30.10%

Golden Ocean Group Limited Stock (GOGL) Price Forecast for 2026

The predicted value for Golden Ocean Group Limited (GOGL) in 2026 is set at an average of $21.49. Estimates vary from a peak of $27.07 to a trough of $15.91, indicating an +75.45% surge from the present price of $12.25.
Month Average Low High Change from today's price
January, 2026 $17.17 $15.91 $17.30 +40.20%
February, 2026 $17.88 $17.07 $17.99 +45.97%
March, 2026 $18.49 $17.61 $18.73 +50.93%
April, 2026 $19.97 $17.98 $20.52 +63.05%
May, 2026 $21.34 $19.52 $21.51 +74.21%
June, 2026 $21.03 $20.39 $21.56 +71.66%
July, 2026 $22.98 $20.74 $23.78 +87.57%
August, 2026 $25.38 $22.93 $25.47 +107.18%
September, 2026 $24.86 $24.31 $25.83 +102.97%
October, 2026 $24.39 $23.70 $25.04 +99.11%
November, 2026 $26.38 $24.04 $27.07 +115.33%
December, 2026 $25.90 $24.38 $27.07 +111.45%

Golden Ocean Group Limited Stock (GOGL) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Golden Ocean Group Limited (GOGL) is $28.42, with a high forecast of $33.56 and a low forecast of $23.28. This indicates an +131.98% increase from the last price of $12.25.
Month Average Low High Change from today's price
January, 2027 $24.66 $24.53 $26.57 +101.30%
February, 2027 $23.45 $23.28 $24.86 +91.40%
March, 2027 $23.86 $23.33 $25.62 +94.78%
April, 2027 $25.25 $23.72 $25.92 +106.11%
May, 2027 $26.23 $23.64 $26.28 +114.09%
June, 2027 $27.83 $26.36 $29.35 +127.18%
July, 2027 $28.92 $27.22 $29.37 +136.06%
August, 2027 $29.81 $27.80 $30.99 +143.38%
September, 2027 $32.81 $27.79 $33.31 +167.82%
October, 2027 $29.85 $29.44 $33.56 +143.64%
November, 2027 $27.75 $27.12 $30.42 +126.56%
December, 2027 $29.15 $27.14 $29.25 +137.94%

Golden Ocean Group Limited Stock (GOGL) Price Forecast for 2028

In 2028, Golden Ocean Group Limited (GOGL) is projected to reach an average price of $27.46, with a high projection of $29.74 and a low estimate of $25.18. This indicates an +124.17% rise from the last price of $12.25.
Month Average Low High Change from today's price
January, 2028 $27.57 $27.02 $28.64 +125.10%
February, 2028 $25.41 $25.18 $27.44 +107.44%
March, 2028 $26.51 $25.62 $27.09 +116.37%
April, 2028 $27.18 $26.65 $28.20 +121.90%
May, 2028 $27.82 $26.49 $28.09 +127.08%
June, 2028 $28.21 $26.51 $28.44 +130.32%
July, 2028 $28.70 $27.67 $28.89 +134.30%
August, 2028 $28.84 $28.25 $29.74 +135.40%
September, 2028 $28.22 $28.20 $29.50 +130.40%
October, 2028 $28.12 $27.73 $29.16 +129.56%
November, 2028 $27.46 $26.76 $28.51 +124.20%
December, 2028 $27.55 $27.30 $27.91 +124.92%

Golden Ocean Group Limited Stock (GOGL) Price Forecast for 2029

The 2029 price forecast for Golden Ocean Group Limited Stock (GOGL) is $29.62 on average, with a high prediction of $36.66 and a low estimate of $22.57. This represents an +141.77% increase from the previous price of $12.25.
Month Average Low High Change from today's price
January, 2029 $28.08 $27.22 $28.15 +129.19%
February, 2029 $27.36 $27.32 $28.17 +123.38%
March, 2029 $28.26 $27.36 $28.40 +130.70%
April, 2029 $28.78 $28.09 $28.89 +134.92%
May, 2029 $28.42 $28.08 $29.07 +132.02%
June, 2029 $30.91 $28.42 $30.97 +152.32%
July, 2029 $31.17 $29.73 $31.23 +154.42%
August, 2029 $32.21 $31.00 $32.39 +162.95%
September, 2029 $33.73 $32.00 $33.77 +175.33%
October, 2029 $34.91 $33.30 $35.92 +185.00%
November, 2029 $35.22 $34.58 $35.77 +187.51%
December, 2029 $22.80 $22.57 $36.66 +86.12%

Golden Ocean Group Limited Stock (GOGL) Price Forecast for 2030

Golden Ocean Group Limited Stock (GOGL) is expected to reach an average price of $24.40 in 2030, with a high forecast of $26.76 and a low forecast of $22.04. This signifies an +99.22% surge from the last price of $12.25.
Month Average Low High Change from today's price
January, 2030 $22.48 $22.04 $22.99 +83.50%
February, 2030 $24.67 $22.55 $24.75 +101.37%
March, 2030 $24.33 $24.25 $25.28 +98.59%
April, 2030 $25.13 $23.86 $25.19 +105.16%
May, 2030 $25.24 $25.10 $25.83 +106.05%
June, 2030 $25.90 $24.78 $26.27 +111.43%
July, 2030 $25.93 $25.47 $26.16 +111.70%
August, 2030 $26.29 $25.83 $26.37 +114.64%
September, 2030 $26.44 $26.22 $26.76 +115.82%
October, 2030 $26.06 $25.63 $26.65 +112.70%
November, 2030 $25.20 $24.83 $26.30 +105.68%
December, 2030 $25.05 $24.57 $25.40 +104.49%
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