Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from C3is Inc. ( (CISS) ).
On January 20, 2026, C3is Inc. announced it has agreed to acquire a 2011 South Korean-built product tanker with 47,203 deadweight tons capacity for $22.9 million from an entity affiliated with Brave Maritime Corp Inc., a related party to members of the Vafias family. The deal, approved by the company’s independent directors based on independent vessel valuations, allows C3is to defer payment for up to one year from the purchase agreement date without interest, and the vessel is expected to be delivered between the first and second quarters of 2026. Following delivery of this tanker and assuming no further fleet changes beyond another pending product tanker acquisition, C3is’s fleet will increase to six vessels with a total capacity of 310,667 deadweight tons, enhancing its scale and diversification across drybulk and tanker segments, which may strengthen its competitive position in the shipping market.
The most recent analyst rating on (CISS) stock is a Hold with a $0.13 price target. To see the full list of analyst forecasts on C3is Inc. stock, see the CISS Stock Forecast page.
Spark’s Take on CISS Stock
According to Spark, TipRanks’ AI Analyst, CISS is a Neutral.
The score is primarily supported by balance-sheet strength (near-zero leverage) and solid recent cash generation, with a generally constructive earnings update (profit/EBITDA improvement and debt-free status). These positives are tempered by very weak technical momentum (deeply oversold and below all major moving averages) and uncertain valuation signals due to a negative P/E, alongside revenue/TCE pressure noted in the earnings call.
To see Spark’s full report on CISS stock, click here.
More about C3is Inc.
C3is Inc. is a Greece-based shipping company focused on the seaborne transportation of drybulk and energy commodities. Its fleet comprises Handysize drybulk carriers, an Aframax oil tanker and product tankers, positioning the company in both drybulk and refined petroleum product trades across global shipping markets.
Average Trading Volume: 1,269,203
Technical Sentiment Signal: Sell
Current Market Cap: $565.1K
For an in-depth examination of CISS stock, go to TipRanks’ Overview page.