Liberty Energy Inc. (LBRT)
NYSE: LBRT · IEX Real-Time Price · USD
20.26
-0.02 (-0.10%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Liberty Energy Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Liberty Energy stock have an average target of 25.5, with a low estimate of 21 and a high estimate of 32. The average target predicts an increase of 25.86% from the current stock price of 20.26.
Analyst Consensus: Buy
* Price targets were last updated on May 29, 2024.
Analyst Ratings
The average analyst rating for Liberty Energy stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 4 | 4 | 4 | 5 | 5 | 4 |
| Hold | 5 | 5 | 5 | 5 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 11 | 11 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $24 → $32 | Hold → Strong Buy | Upgrades | $24 → $32 | +57.95% | May 29, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $24 | Hold | Maintains | $24 | +18.46% | Apr 22, 2024 |
| Barclays | Barclays | Buy Maintains $25 → $27 | Buy | Maintains | $25 → $27 | +33.27% | Apr 19, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $19 → $21 | Hold | Maintains | $19 → $21 | +3.65% | Apr 19, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $25 → $27 | Buy | Maintains | $25 → $27 | +33.27% | Apr 19, 2024 |
Financial Forecast
Revenue This Year
4.77B
from 4.75B
Increased by 0.55%
Revenue Next Year
5.10B
from 4.77B
Increased by 6.85%
EPS This Year
2.56
from 3.15
Decreased by -18.80%
EPS Next Year
3.22
from 2.56
Increased by 25.88%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.1B | 5.6B | 5.8B | 4.8B | 4.8B |
| Avg | 4.8B | 5.1B | 5.2B | 4.6B | 4.2B |
| Low | 4.3B | 4.6B | 4.3B | 4.3B | 3.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.4% | 16.5% | 13.0% | -7.1% | 5.7% |
| Avg | 0.5% | 6.8% | 1.4% | -11.7% | -8.6% |
| Low | -8.8% | -4.5% | -15.1% | -17.0% | -23.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.05 | 4.07 | 4.62 | 2.45 | 2.72 |
| Avg | 2.56 | 3.22 | 3.62 | 2.36 | 2.01 |
| Low | 2.24 | 2.66 | 3.01 | 2.24 | 1.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -3.3% | 59.3% | 43.6% | -32.5% | 15.4% |
| Avg | -18.8% | 25.9% | 12.6% | -35.0% | -14.7% |
| Low | -28.8% | 3.8% | -6.6% | -38.1% | -43.9% |
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.