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 44.23% from the current stock price of 5.72.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$8.25	$8.25	$8.25	$8.25
Change	+44.23%	+44.23%	+44.23%	+44.23%

* 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 '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John White Roth MKM	Roth MKM	Strong Buy Maintains $8.25	Strong Buy	Maintains	$8.25	+44.23%	Apr 4, 2024
John White Roth MKM	Roth MKM	Strong Buy Reiterates $9.5	Strong Buy	Reiterates	$9.5	+66.08%	Sep 18, 2023
John White Roth Capital	Roth Capital	Hold → Strong Buy Upgrades n/a	Hold → Strong Buy	Upgrades	n/a	n/a	Nov 10, 2022
Donovan Schafer Northland Capital Markets	Northland Capital Markets	Buy Initiates $8.6	Buy	Initiates	$8.6	+50.35%	Jul 12, 2022
John White Roth Capital	Roth Capital	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Jul 6, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

97.17M

from 85.88M

13.15%

from 85.88M

Revenue Next Year

n/a

from 97.17M

EPS This Year

0.31

from 0.12

160.92%

from 0.12

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	29.60M	32.70M	108.93M	128.51M	85.88M	97.17M
Revenue Growth	-31.53%	10.48%	233.09%	17.98%	-33.18%	13.15%
EPS	0.18	-0.50	0.96	1.04	0.12	0.31
EPS Growth	-60.93%	-	-	8.33%	-88.46%	160.92%
Forward PE	-	-	-	-	-	18.27
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.