Morgan Stanley raises target for Scorpio Tankers stock to USD 90

Published on 10/15/2026 at 13:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley lifts its target from USD 76 to USD 90 after Q2 revenue hit USD 408.73 million. Scorpio Tankers stock costs EUR 75.33 on October 15, 2026.

Analyst target and quarterly earnings

Morgan Stanley raised its Scorpio Tankers target to USD 90 on October 13, 2026.
Second-quarter revenue reached USD 408.73 million on July 30, 2026.
Scorpio Tankers stock traded at EUR 75.33 at 1:36 p.m. CEST at Lang & Schwarz on October 15, 2026.
Scorpio Tankers appointed Charlotte Wheatcroft as secretary effective October 7, 2026.

STNG, MHY7542C1306, Illustration mit AI erstellt.

Scorpio Tankers (ISIN MHY7542C1306) is trading at EUR 75.33 at Lang & Schwarz on October 15, 2026 at 1:36 p.m. CEST as Morgan Stanley lifts its price target from USD 76 to USD 90 while retaining an equal-weight rating, according to MarketBeat on October 13, 2026. The revised target puts the latest analyst action above the companys recent USD 85.98 primary-market close.

Target rises as earnings stay strong

The target move follows a powerful second quarter. Scorpio Tankers reported USD 408.73 million in revenue for the quarter ended June 30, 2026, up 77.5 percent from USD 230.23 million a year earlier, according to Markets Insider. Net profit reached USD 387.54 million, compared with USD 73.51 million in the same quarter of 2025.

The earnings comparison gives the analyst decision a clear operating backdrop. Adjusted earnings per share came in at USD 4.68 against a USD 4.56 consensus estimate, while revenue exceeded the USD 398.25 million consensus figure, MarketBeat reported. For investors, the key question is whether freight-market strength can keep translating into elevated cash generation.

Three dates frame the latest update

On July 30, 2026, the company reported second-quarter revenue of USD 408.73 million. On October 7, 2026, Scorpio Tankers filed Form 6-K after appointing Charlotte Wheatcroft as secretary, according to StockTitan. On October 13, 2026, Morgan Stanley raised its target to USD 90, the latest of the three dated developments.

What dates matter next?

Yahoo Finance lists October 29, 2026 as the next earnings date for Scorpio Tankers, while the companys investor center identifies quarterly calls and financial releases as its reporting framework, Yahoo Finance. That date will give investors the next reported test of revenue, earnings and tanker-rate resilience.

Euro quote stays below the US market level

Scorpio Tankers was trading at EUR 75.33 at Lang & Schwarz on October 15, 2026 at 1:36 p.m. CEST. The primary NYSE quote closed at USD 85.98 on October 14, 2026, and the 52-week range was USD 48.93 to USD 90.06. Its market capitalization was USD 4.3 billion at the October 14, 2026 market snapshot. The further course of trading is shown by the continuously updated real-time quote of Scorpio Tankers stock.