CMB.TECH (CMBT) to Announce Earnings on Thursday

CMB.TECH (NYSE:CMBT) is expected to issue its Q2 2026 results before the market opens on Thursday, August 27th. Analysts expect CMB.TECH to post earnings of $0.8750 per share and revenue of $574.3650 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, August 27, 2026 at 8:00 AM ET.

CMB.TECH Trading Up 0.1%

CMBT stock opened at $18.18 on Wednesday. The company has a current ratio of 0.95, a quick ratio of 0.85 and a debt-to-equity ratio of 1.59. The business’s 50 day moving average is $15.78 and its 200-day moving average is $14.53. CMB.TECH has a 1-year low of $7.86 and a 1-year high of $18.52. The firm has a market cap of $3.63 billion, a P/E ratio of 10.76 and a beta of 0.12.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CMBT. Wall Street Zen upgraded shares of CMB.TECH from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. Weiss Ratings upgraded shares of CMB.TECH from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Goldman Sachs Group Inc. raised its holdings in CMB.TECH by 17.7% during the first quarter. Goldman Sachs Group Inc. now owns 248,014 shares of the company’s stock worth $2,252,000 after purchasing an additional 37,356 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in CMB.TECH by 3,978.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 30,752 shares of the company’s stock valued at $277,000 after purchasing an additional 29,998 shares in the last quarter. Legal & General Group Plc increased its position in CMB.TECH by 221.3% during the 2nd quarter. Legal & General Group Plc now owns 6,529 shares of the company’s stock worth $59,000 after purchasing an additional 4,497 shares during the period. Raymond James Financial Inc. acquired a new position in CMB.TECH during the 2nd quarter worth approximately $27,000. Finally, Orion Porfolio Solutions LLC acquired a new position in CMB.TECH during the 2nd quarter worth approximately $98,000.

About CMB.TECH

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium. As of March 15, 2024, Euronav NV operates as subsidiary of CMB NV.