Evolution Petroleum Corporation (EPM)
NYSEAMERICAN: EPM · Real-Time Price · USD
6.06
+0.17 (2.80%)
Nov 21, 2024, 2:58 PM EST - Market open

Evolution Petroleum Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Evolution Petroleum stock has a target of 8.25, which predicts an increase of 36.25% from the current stock price of 6.06.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $8.25 $8.25 $8.25 $8.25
Change +36.25% +36.25% +36.25% +36.25%
* Price targets were last updated on Apr 4, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for EPM is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 111111
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Roth MKM
Roth MKM
Strong Buy
Maintains
$8.25
Strong Buy Maintains $8.25 +36.25% Apr 4, 2024
Roth MKM
Roth MKM
Strong Buy
Reiterates
$9.5
Strong Buy Reiterates $9.5 +56.90% Sep 18, 2023
Roth Capital
Roth Capital
Strong Buy
Upgrades
n/a
Strong Buy Upgrades n/a n/a Nov 10, 2022
Northland Capital Markets
Northland Capital Markets
Buy
Initiates
$8.6
Buy Initiates $8.6 +42.03% Jul 12, 2022
Roth Capital
Roth Capital
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jul 6, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
97.17M
from 85.88M
Increased by 13.15%
Revenue Next Year
n/a
from 97.17M
EPS This Year
0.31
from 0.12
Increased by 160.92%
EPS Next Year
n/a
from 0.31
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Period Ending Jun 30, 2020 Jun 30, 2021 Jun 30, 2022 Jun 30, 2023 Jun 30, 2024 Jun 30, 2025
Revenue
29.60M32.70M108.93M128.51M85.88M97.17M
Revenue Growth
-31.53%10.48%233.09%17.98%-33.18%13.15%
EPS
0.18-0.500.961.040.120.31
EPS Growth
-60.93%--8.33%-88.46%160.92%
Forward PE
-----19.34
No. Analysts -----4
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025
High 103.2M
Avg 97.2M
Low 92.2M

Revenue Growth

Revenue Growth 2025
High
20.2%
Avg
13.2%
Low
7.4%

EPS Forecast

EPS 2025
High 0.33
Avg 0.31
Low 0.30

EPS Growth

EPS Growth 2025
High
171.3%
Avg
160.9%
Low
153.2%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.