Seanergy Maritime: Significant Upside Remains

Seanergy Maritime Holdings is rated a Strong Buy, with a $25 price target by end-2026, driven by aggressive fleet expansion and robust dry-bulk market fundamentals. SHIP is acquiring 5 new vessels for $384 million, increasing its fleet to 23 ships by 2028. Projected 2026 earnings of ~$2.35 per share imply substantial upside in the near term.