Evolution Petroleum Corporation (EPM)
NYSEAMERICAN: EPM · IEX Real-Time Price · USD
5.80
-0.09 (-1.53%)
Apr 16, 2024, 2:14 PM EDT - 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 42.24% from the current stock price of 5.80.
Analyst Consensus: Strong Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Maintains $8.25 | Strong Buy | Maintains | $8.25 | +42.24% | Apr 4, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $9.5 | Strong Buy | Reiterates | $9.5 | +63.79% | Sep 18, 2023 |
| Roth Capital | Roth Capital | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Nov 10, 2022 |
| Northland Capital Markets | Northland Capital Markets | Buy Initiates $8.6 | Buy | Initiates | $8.6 | +48.28% | Jul 12, 2022 |
| Roth Capital | Roth Capital | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jul 6, 2022 |
Financial Forecast
Revenue This Year
90.25M
from 128.51M
Decreased by -29.77%
Revenue Next Year
113.37M
from 90.25M
Increased by 25.61%
EPS This Year
0.18
from 1.04
Decreased by -83.00%
EPS Next Year
0.49
from 0.18
Increased by 180.00%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 96.4M | 133.0M |
| Avg | 90.3M | 113.4M |
| Low | 85.5M | 99.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -25.0% | 47.4% |
| Avg | -29.8% | 25.6% |
| Low | -33.4% | 10.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.23 | 0.70 |
| Avg | 0.18 | 0.49 |
| Low | 0.13 | 0.27 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -77.8% | 298.0% |
| Avg | -83.0% | 180.0% |
| Low | -87.8% | 55.2% |
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.