Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Euronav ( (CMBT) ) has shared an announcement.
On August 28, 2025, CMB.TECH NV announced its unaudited financial results for the second quarter of 2025, reporting a net loss of USD 7.6 million. The company completed its merger with Golden Ocean on August 20, 2025, significantly expanding its fleet to around 250 vessels. Despite the financial loss, the merger and the delivery of new vessels position CMB.TECH well in the market, with a contract backlog of USD 2.93 billion and an interim dividend declared. The company also reported capital gains from vessel sales and a continued focus on fleet rejuvenation.
The most recent analyst rating on (CMBT) stock is a Hold with a EUR8.80 price target. To see the full list of analyst forecasts on Euronav stock, see the CMBT Stock Forecast page.
More about Euronav
CMB.TECH NV is a company operating in the maritime industry, primarily involved in owning and operating a diversified fleet of vessels, including dry bulk vessels, crude oil tankers, chemical tankers, container ships, offshore wind vessels, and port vessels. The company is listed on NYSE, Euronext Brussels, and Euronext Oslo, with a market focus on strong tanker and dry bulk markets.
Average Trading Volume: 125,016
Current Market Cap: €2.14B
For a thorough assessment of CMBT stock, go to TipRanks’ Stock Analysis page.