Accelerating Decarbonization And ESG Risks Will Undermine Offshore Projects

AN

AnalystLowTarget

Not Invested

Community Contributor

Published

14 Jul 25

Updated

15 Jun 26

Views

20

15 Jun

NOK 331.00

AnalystLowTarget's Fair Value

NOK 233.20

41.9% overvalued

1Y

78.8%

7D

0.4%

Loading

1Y

78.8%

7D

0.4%

Author's Valuation

NOK 233.241.9% overvalued

AnalystLowTarget Fair Value

Shared on 15 Jun 26

Fair value Increased 0.35%

SUBC: Elevated P E Multiples Will Strain Returns Despite New Long Dated Contracts

Subsea 7 lands a string of long-dated offshore contracts and even lifts its outlook, but the stock now looks priced for near-perfect delivery. With analysts sharply split, the key question is whether execution delays or weaker project profitability could hit returns from here.

2 views

Shared on 01 Jun 26

Fair value Increased 21%

SUBC: Elevated P E Multiples Will Challenge Returns Despite Recent Contract Wins

Subsea 7 is landing new work and raising its outlook, but some analysts warn the share price already assumes things go smoothly on profits and project delivery. With big banks and more cautious firms pulling in different directions, the key question is whether contract wins turn into dependable results—or if delays and cost surprises hit returns.

3 views

Shared on 14 Apr 26

Fair value Increased 10%

SUBC: Rising Multiples And Weaker Margins Will Constrain Future Share Price Upside

The analyst price target for Subsea 7 has been increased from NOK 174.64 to NOK 192.81 as analysts factor in higher Street targets in the NOK 254 to NOK 320 range, supported by research citing strong recent utilization, firmer margins and expectations that these operational trends will persist into FY26. Analyst Commentary Recent Street research shows a mix of optimism on Subsea 7, with several large houses lifting price targets into the NOK 254 to NOK 320 range, while keeping ratings such as Buy, Overweight, Neutral and Sector Perform.

4 views

Shared on 14 Dec 25

Fair value Increased 2.69%

SUBC: Long Term Revenue Concerns Will Restrain Future Share Price Upside

Analysts have modestly trimmed their price target on Subsea 7 to NOK 208 from NOK 212, reflecting slightly lower long term revenue growth expectations, partly offset by improved margin and valuation assumptions. Analyst Commentary Bearish analysts point to the modest price target cut to NOK 208 as a signal that expectations for Subsea 7's long term revenue trajectory are being recalibrated, even as near term fundamentals appear solid.

3 views

Valuator

Company Info

Notes

AnalystLowTarget Fair Value

NOK 233.2

41.9% overvalued

Future estimation in

Revenue

Profit Margin

Future PE

Growth p.a.

%

Decrease

Increase

Forecast revenue growth rate

1.48%

Historical revenue growth rate

11.21%

Energy Services revenue growth rate

0.16%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

6.77%

Calculation

US$282.21m

Earnings '29

x

31.44x

PE Ratio '29

=

US$8.87b

Market Cap '29

US$8.87b

Market Cap '29

/

297.71m

No. shares '29

=

US$29.80

Share Price '29

US$29.80 Share Price '29

Discounted to 2026 @ 6.79% p.a.

=

US$24.47

Fair Value '26

US$24.47 Fair Value '26

Converted to NOK @ 9.5074 USD/NOK Exchange Rate

=

NOK 232.65

Fair Value '26