SBM Offshore (SBMO) Stock Overview
Provides floating production solutions to the offshore energy industry worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
SBMO Community Fair Values
Create NarrativeSee what 33 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
SBM Offshore N.V. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €32.64 |
| 52 Week High | €37.38 |
| 52 Week Low | €20.22 |
| Beta | 0.68 |
| 1 Month Change | -10.43% |
| 3 Month Change | 2.00% |
| 1 Year Change | 61.42% |
| 3 Year Change | 145.97% |
| 5 Year Change | 132.15% |
| Change since IPO | 2,155.31% |
Recent News & Updates
Narrative Update • May 20
SBMO: AEX Inclusion And Guyana Project Pipeline Will Support Future Upside
Analysts have lifted their average price target on SBM Offshore by about €3.70, reflecting updated assumptions around fair value, a higher discount rate, slightly adjusted revenue growth and profit margin expectations, and a higher future P/E multiple, with recent research including both price target increases and downgrades informing this shift. Analyst Commentary Recent research on SBM Offshore reflects a mix of views, but the average price target shift is being shaped in part by a series of bullish adjustments that focus on valuation support and execution on the project pipeline.
Narrative Update • May 02
SBMO: Buybacks And Mixed Research Signals Will Shape Future Repricing Potential
Analysts have lifted their fair value estimate for SBM Offshore, reflected in a higher price target of €39.64 from €37.57, citing adjusted assumptions on discount rates, revenue growth, margins and future P/E, even as recent research includes both a downgrade and a separate target increase to €37. Analyst Commentary Recent research on SBM Offshore points in different directions, with one firm lifting its price target and another issuing a downgrade.Narrative Update • Apr 17
SBMO: AEX Entry And Guyana Contract Progress Will Support Future Upside
Narrative Update The updated analyst price target for SBM Offshore has shifted to €37. This reflects analysts' revised assumptions on fair value, discount rate and growth, alongside recent target increases and upgrades in Street research.Recent updates
Narrative Update • May 20
SBMO: AEX Inclusion And Guyana Project Pipeline Will Support Future Upside
Analysts have lifted their average price target on SBM Offshore by about €3.70, reflecting updated assumptions around fair value, a higher discount rate, slightly adjusted revenue growth and profit margin expectations, and a higher future P/E multiple, with recent research including both price target increases and downgrades informing this shift. Analyst Commentary Recent research on SBM Offshore reflects a mix of views, but the average price target shift is being shaped in part by a series of bullish adjustments that focus on valuation support and execution on the project pipeline.Narrative Update • May 02
SBMO: Buybacks And Mixed Research Signals Will Shape Future Repricing Potential
Analysts have lifted their fair value estimate for SBM Offshore, reflected in a higher price target of €39.64 from €37.57, citing adjusted assumptions on discount rates, revenue growth, margins and future P/E, even as recent research includes both a downgrade and a separate target increase to €37. Analyst Commentary Recent research on SBM Offshore points in different directions, with one firm lifting its price target and another issuing a downgrade.Narrative Update • Apr 17
SBMO: AEX Entry And Guyana Contract Progress Will Support Future Upside
Narrative Update The updated analyst price target for SBM Offshore has shifted to €37. This reflects analysts' revised assumptions on fair value, discount rate and growth, alongside recent target increases and upgrades in Street research.Narrative Update • Apr 02
SBMO: AEX Promotion And Guyana Project Wins Will Support Earnings Confidence
The updated analyst price target for SBM Offshore has increased slightly to €45.73 from €45.05, with analysts citing recent target increases and rating support from major banks as key factors behind the adjustment. Analyst Commentary Recent Street research points to a more constructive tone around SBM Offshore, with updated price targets and rating changes reflecting growing confidence in how the company is executing on its plans.Narrative Update • Mar 19
SBMO: Higher Margin Outlook And Buybacks Will Support Repricing Potential
Analysts have lifted their price target on SBM Offshore to about €37.60 from about €29.50, citing updated assumptions on discount rates, profit margins and future P/E, which offset softer revenue growth expectations. Analyst Commentary Recent research points to a more constructive stance on SBM Offshore, with price targets in the mid to high €30 range and rating upgrades reflecting updated views on valuation and execution risk.
Narrative Update • Mar 04
SBMO: Higher Multiple Assumptions And Buyback Will Shape Returns
Analysts have lifted their price target on SBM Offshore by €8.12 to €31.95, citing updated assumptions on discount rates, revenue expectations, margins and future P/E that are broadly in line with recent positive research actions from major banks. Analyst Commentary Recent research around SBM Offshore has centred on how current assumptions for discount rates, revenue and margins stack up against the latest valuation work.Narrative Update • Feb 18
SBMO: Upgraded Views Will Support Confidence In Earnings Power And Execution
Analysts have nudged their average price target on SBM Offshore higher by about €1 per share, citing refreshed assumptions on fair value, discount rate, profit margins and future P/E following recent target and rating updates from major banks. Analyst Commentary Recent Street research on SBM Offshore points to a more constructive tone, with price targets adjusted higher and at least one upgrade reinforcing confidence in the company’s valuation framework and execution outlook.Narrative Update • Feb 04
SBMO: Upgraded Views Will Support Confidence In 2025 Earnings Delivery
Narrative update overview The analyst price target on SBM Offshore has increased by €2.50. Analysts attribute this change to updated assumptions regarding fair value, discount rate, revenue growth, profit margin and future P/E.Analysis Article • Jan 28
The Market Lifts SBM Offshore N.V. (AMS:SBMO) Shares 26% But It Can Do More
SBM Offshore N.V. ( AMS:SBMO ) shares have continued their recent momentum with a 26% gain in the last month alone. The...Narrative Update • Jan 20
SBMO: Higher Fair Value Will Support Confidence In Long-Term Earnings Power
Narrative Update on SBM Offshore Analysts have lifted their fair value estimate for SBM Offshore from €34.77 to €44.92, citing a lower discount rate, adjusted assumptions for revenue growth and profit margins, and a higher future P/E multiple in recent research updates. Analyst Commentary Bullish analysts point to the recent fair value lift to €44.92 as a reflection of updated assumptions on revenue growth, profit margins, and a higher future P/E multiple.Narrative Update • Jan 06
SBMO: 2025 Revenue Mix Stability Will Support Repricing Potential
Analysts have slightly lowered their price target for SBM Offshore, with fair value moving from €29.58 to €29.51, reflecting marginal updates to discount rate assumptions and expected profitability. What's in the News SBM Offshore N.V. maintained earnings guidance for the full year 2025, keeping overall directional revenue guidance at above US$5.0b.Narrative Update • Dec 23
SBMO: Strong 2025 Earnings Outlook Will Drive Repricing Potential Upward
Analysts have trimmed their price target for SBM Offshore slightly to approximately €29.58 from €29.77. This reflects marginally lower fair value estimates driven by a modest reduction in the assumed discount rate, while views on revenue growth, profit margins, and future valuation multiples remain largely unchanged.Narrative Update • Dec 08
SBMO: Strong 2025 Earnings Guidance Will Support Upward Repricing Potential
Analysts have raised their price target on SBM Offshore slightly to €29.77 from €29.79. This reflects expectations of modestly better profit margins and a higher future price to earnings multiple, partially offset by weaker revenue growth assumptions and a marginally higher discount rate.Analysis Article • Nov 29
Is There An Opportunity With SBM Offshore N.V.'s (AMS:SBMO) 49% Undervaluation?
Key Insights The projected fair value for SBM Offshore is €48.20 based on 2 Stage Free Cash Flow to Equity Current...Narrative Update • Nov 24
SBMO: Lower Discount Rate Will Support Upward Repricing Driven By 2025 Earnings Outlook
Analysts have raised their price target for SBM Offshore from €27.87 to €29.79, reflecting updated assumptions regarding discount rates and revenue growth projections. What's in the News SBM Offshore N.V. maintained its earnings guidance for the full year of 2025, signaling confidence in its financial outlook (Key Developments).Analysis Article • Nov 12
SBM Offshore's (AMS:SBMO) Returns Have Hit A Wall
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...Narrative Update • Nov 10
SBMO: Lower Discount Rate Will Drive Near-Term Upward Repricing Potential
Analysts have slightly increased their price target for SBM Offshore from €27.82 to €27.87. This reflects improved confidence in the company's discount rate and revenue projections.Analysis Article • Oct 28
It's A Story Of Risk Vs Reward With SBM Offshore N.V. (AMS:SBMO)
When close to half the companies in the Netherlands have price-to-earnings ratios (or "P/E's") above 18x, you may...Narrative Update • Oct 27
Steady Outlook Will Drive Offshore Capacity Expansion And Earnings Momentum
Analysts have maintained their fair value estimate for SBM Offshore at €27.82 per share. They cite minimal changes in underlying assumptions and a stable outlook for the company.Narrative Update • Oct 13
Modular Deepwater FPSO Solutions Will Unlock Offshore Opportunities
Analysts have raised their fair value price target for SBM Offshore from €27.45 to €27.82. They cite minor improvements in long-term valuation metrics and a stable profit margin outlook as the reasons for the adjustment.Analysis Article • Sep 17
SBM Offshore (AMS:SBMO) Has A Somewhat Strained Balance Sheet
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Aug 14
There May Be Reason For Hope In SBM Offshore's (AMS:SBMO) Disappointing Earnings
ENXTAM:SBMO 1 Year Share Price vs Fair Value Explore SBM Offshore's Fair Values from the Community and select yours SBM...Analysis Article • Jul 13
Getting In Cheap On SBM Offshore N.V. (AMS:SBMO) Might Be Difficult
With a price-to-earnings (or "P/E") ratio of 31.4x SBM Offshore N.V. ( AMS:SBMO ) may be sending very bearish signals...Analysis Article • Jun 25
There Are Reasons To Feel Uneasy About SBM Offshore's (AMS:SBMO) Returns On Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
New Narrative • Feb 23
FPSO Expansion And Decarbonization Initiatives Will Improve Future Prospects
SBM Offshore's focus on high-potential FPSO contracts and Fast4Ward projects aims to boost future revenue and cash flow through sustained deepwater demand.Shareholder Returns
| SBMO | NL Energy Services | NL Market | |
|---|---|---|---|
| 7D | -6.3% | -2.1% | -0.9% |
| 1Y | 61.4% | 55.1% | 30.3% |
Return vs Industry: SBMO exceeded the Dutch Energy Services industry which returned 55.1% over the past year.
Return vs Market: SBMO exceeded the Dutch Market which returned 30.3% over the past year.
Price Volatility
| SBMO volatility | |
|---|---|
| SBMO Average Weekly Movement | 4.3% |
| Energy Services Industry Average Movement | 5.7% |
| Market Average Movement | 4.6% |
| 10% most volatile stocks in NL Market | 7.8% |
| 10% least volatile stocks in NL Market | 2.7% |
Stable Share Price: SBMO has not had significant price volatility in the past 3 months compared to the Dutch market.
Volatility Over Time: SBMO's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1862 | 6,784 | Oivind Tangen | www.sbmoffshore.com |
SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. It operates in two segments, Lease and Operate, and Turnkey. It engages in the design, supply, installation, operation, demobilization, and life extension of floating production storage and offloading (FPSO) vessels.
SBM Offshore N.V. Fundamentals Summary
| SBMO fundamental statistics | |
|---|---|
| Market cap | €5.52b |
| Earnings (TTM) | €790.34m |
| Revenue (TTM) | €5.06b |
7.0x
P/E Ratio1.1x
P/S RatioIs SBMO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SBMO income statement (TTM) | |
|---|---|
| Revenue | US$5.90b |
| Cost of Revenue | US$3.88b |
| Gross Profit | US$2.02b |
| Other Expenses | US$1.10b |
| Earnings | US$922.00m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Aug 06, 2026
| Earnings per share (EPS) | 5.45 |
| Gross Margin | 34.20% |
| Net Profit Margin | 15.62% |
| Debt/Equity Ratio | 139.5% |
How did SBMO perform over the long term?
See historical performance and comparisonDividends
3.1%
Current Dividend Yield22%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/31 21:56 |
| End of Day Share Price | 2026/05/29 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
SBM Offshore N.V. is covered by 22 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Lucy Haskins | Barclays |
| Michael Pickup | Barclays |
| Michael Pickup | Barclays |