Is Scorpio Tankers Inc. (NYSE:STNG) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Scorpio Tankers Inc. at current levels.
Product tanker cycle still has legs, but next year's earnings step-down is real. Buy the dips, don't chase the rips.
Where STNG is headed
Scorpio Tankers in 2028 looks like a different animal than the company most investors remember from the 2020 capital raises. Net debt has been shredded from over $3 billion in 2022 to a balance sheet running closer to $700 million today, the fleet of 90 tankers is largely paid down, and management has been buying back shares aggressively rather than ordering new hulls into a tight yard market. That last point matters more than anything else in the story. Newbuild MR and LR2 slots at Korean and Chinese yards are booked into 2028, with delivery prices roughly 40% above the 2021 trough. Scorpio's existing fleet is, in effect, a call option on rates with no equivalent supply response coming for two more years.
Read the full Compass Direction on STNG
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $80.21).
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Frequently asked questions
Is Scorpio Tankers Inc. (NYSE:STNG) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Scorpio Tankers Inc. at current levels. Product tanker cycle still has legs, but next year's earnings step-down is real. Buy the dips, don't chase the rips.
What is STNG's Compass Score?
Scorpio Tankers Inc. scores 90/100 on Alexandria's Compass, placing it in the "True North" tier. Scores blend eight factors and update weekly.
What is the price target for STNG?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the STNG page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.