B. Riley Securities Maintains 'Buy' Rating on Pangaea Logistics Solutions with Lowered Price Target

Monday, Aug 11, 2025 1:54 pm ET1min read

Pangaea Logistics Solutions has a "Buy" rating from B. Riley Securities, with a revised price target of $9.00, down from $11.00. The analyst maintains confidence in the company's potential while showing caution with the latest adjustment. The average target price for the stock is $7.80, with a high estimate of $9.00 and a low estimate of $6.60, implying an upside of 58.86% from the current price.

Pangaea Logistics Solutions Ltd (NASDAQ: PANL), a Newport, Rhode Island-based company, has seen a mixed performance in its second quarter (Q2) 2025 results, with revenue exceeding expectations but earnings per share (EPS) falling short. The company reported revenue of $156.7 million, a 19% increase from the previous year, while net loss narrowed to $2.74 million from $3.68 million in the same period last year [2]. However, EPS missed analyst estimates, reporting a loss of $0.043 per share compared to a profit of $0.081 per share in the previous quarter.

Analysts at B. Riley Securities have revised their price target for Pangaea Logistics Solutions, from $11.00 to $9.00, maintaining a "Buy" rating. The move reflects a cautious approach to the latest earnings results while acknowledging the company's potential. The average target price for the stock is $7.80, with a high estimate of $9.00 and a low estimate of $6.60, implying an upside of 58.86% from the current price [1].

The company's shares are up 7.0% from a week ago, indicating investor confidence in the long-term prospects despite the recent earnings miss. However, it is essential to note that Pangaea Logistics Solutions is showing four warning signs in our investment analysis, with three being concerning [2].

Looking ahead, Pangaea Logistics Solutions expects revenue to grow at an average annual rate of 9.0% over the next two years, compared to a 2.0% decline forecast for the US shipping industry. This growth outlook is supported by the company's strategic positioning and operational efficiency.

References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3TW222:0-pangaea-logistics-solutions-ltd-expected-to-post-breakeven-results-a-share-earnings-preview/
[2] https://finance.yahoo.com/news/pangaea-logistics-solutions-second-quarter-131502484.html

B. Riley Securities Maintains 'Buy' Rating on Pangaea Logistics Solutions with Lowered Price Target

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