TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Top Ships ( (TOPS) ) has provided an update.
On November 17, 2025, Top Ships Inc. announced the successful completion of its tanker fleet refinancing through sale and leaseback agreements with a major Chinese financier. This refinancing, involving four tankers, released approximately $27.2 million in cash and maintained the fleet’s leverage at a conservative level. The agreements include bareboat charter terms and purchase obligations, with interest rates tied to the 3-month term SOFR plus a margin. The refinancing is expected to strengthen the company’s financial position and provide flexibility for future operations.
The most recent analyst rating on (TOPS) stock is a Hold with a $6.50 price target. To see the full list of analyst forecasts on Top Ships stock, see the TOPS Stock Forecast page.
Spark’s Take on TOPS Stock
According to Spark, TipRanks’ AI Analyst, TOPS is a Neutral.
Top Ships’ overall stock score is driven primarily by its undervalued P/E ratio, indicating potential value for investors. The technical analysis supports a stable outlook with positive short-term trends. However, financial performance is moderate, with high leverage and declining net profit margins posing risks. The absence of earnings call data and corporate events means these factors do not influence the score.
To see Spark’s full report on TOPS stock, click here.
More about Top Ships
TOP Ships Inc. is an international owner and operator of ocean-going vessels, focusing on modern, fuel-efficient eco tanker vessels that transport crude oil, petroleum products, and bulk liquid chemicals.
Average Trading Volume: 7,903
Technical Sentiment Signal: Sell
Current Market Cap: $28.13M
For an in-depth examination of TOPS stock, go to TipRanks’ Overview page.