B. Riley Securities Initiates Coverage on Heidmar Maritime with Buy Rating and $5 PT

B. Riley Securities Initiates Coverage on Heidmar Maritime with Buy Rating and $5 PT

B. Riley Securities has initiated coverage on Heidmar Maritime (NASDAQ: HMR) with a Buy rating and a $5.00 price target, representing significant upside from the current price of $1.50. The stock has seen a 75% decline over the past year [1].

The research firm highlighted Heidmar’s strong value proposition and solid niche strategy in select shipping sectors as key factors behind the positive outlook. Heidmar Maritime operates as a commercial, technical, and fleet pool manager across multiple vessel types including dry bulk vessels, tanker fleets, and platform supply vessels (PSV) [1].

B. Riley noted that the company benefits from favorable supply/demand dynamics in the shipping industry, with tight global fleet capacity alongside steady growth in dry bulk and petroleum sectors. The firm also highlighted that Heidmar’s platform aggregator model generates predictable fee-based revenue that helps offset spot market volatility, while its asset-light operating platform requires relatively low capital expenditures, driving steady free cash flow [1].

In other recent news, Heidmar Maritime Holdings Corp. has been named a B2i Digital Featured Company. This partnership is designed to enhance Heidmar’s engagement with investors by spotlighting its long-standing presence in the maritime industry. Heidmar currently manages a fleet of 51 vessels and provides commercial management services across various vessel classes. The company, which completed its listing on the Nasdaq Capital Market in February 2025, plans to expand its operations to Houston. CEO Pankaj Khanna highlighted the partnership as a step toward strengthening ties with the investment community. Under Khanna’s leadership since 2019, Heidmar has significantly expanded its fleet. The company also employs its proprietary eFleetWatch digital platform for vessel tracking and management. B2i Digital, established in 2021, collaborates with investor conferences and public companies to enhance market engagement [1].

References:
[1] https://ng.investing.com/news/analyst-ratings/briley-initiates-heidmar-maritime-stock-with-buy-rating-on-strong-shipping-strategy-93CH-2006428
[2] https://www.gurufocus.com/news/2969611/canaan-can-price-target-reduced-to-2-by-b-riley-buy-rating-maintained-can-stock-news
[3] https://www.investing.com/news/analyst-ratings/briley-initiates-heidmar-maritime-stock-with-buy-rating-on-strong-shipping-strategy-93CH-4134655