Ovintiv Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Ovintiv stock have an average target of 56.31, with a low estimate of 42 and a high estimate of 69. The average target predicts an increase of 30.02% from the current stock price of 43.31.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$42	$56.31	$56	$69
Change	-3.02%	+30.02%	+29.30%	+59.32%

Analyst Ratings

The average analyst rating for Ovintiv stock from 17 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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	6	5	6	6	7	7
Buy	5	6	6	6	6	6
Hold	5	5	5	5	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	16	16	17	17	17	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Betty Jiang Barclays	Barclays	Buy Maintains $57 → $59	Buy	Maintains	$57 → $59	+36.23%	Jan 30, 2025
Neal Dingmann Truist Securities	Truist Securities	Strong Buy Maintains $59 → $60	Strong Buy	Maintains	$59 → $60	+38.54%	Jan 13, 2025
Noah Hungness B of A Securities	B of A Securities	Hold → Strong Buy Upgrades $55 → $54	Hold → Strong Buy	Upgrades	$55 → $54	+24.68%	Jan 13, 2025
Roger Read Wells Fargo	Wells Fargo	Hold Maintains $48 → $42	Hold	Maintains	$48 → $42	-3.02%	Dec 17, 2024
Nitin Kumar Mizuho	Mizuho	Buy Maintains $63 → $60	Buy	Maintains	$63 → $60	+38.54%	Dec 16, 2024

Full Analyst Rating History

Financial Forecast

Revenue This Year

8.99B

from 10.66B

-15.72%

from 10.66B

Revenue Next Year

8.82B

from 8.99B

-1.83%

from 8.99B

EPS This Year

5.91

from 7.90

-25.23%

from 7.90

EPS Next Year

5.50

from 5.91

-6.88%

from 5.91

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	7.01B	5.51B	10.47B	14.26B	10.66B	8.99B	8.82B	9.27B	-
Revenue Growth	28.51%	-21.45%	90.02%	36.25%	-25.25%	-15.72%	-1.83%	5.10%	-
EPS	0.90	-23.47	5.32	14.08	7.90	5.91	5.50	7.06	6.21
EPS Growth	-83.91%	-	-	164.66%	-43.89%	-25.23%	-6.88%	28.40%	-12.02%
Forward PE	-	-	-	-	-	7.33	7.87	6.13	6.97
No. Analysts	-	-	-	-	-	21	21	17	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	10.5B	11.1B	12.3B
Avg	9.0B	8.8B	9.3B
Low	7.1B	7.4B	6.8B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-1.6%	23.5%	39.2%
Avg	-15.7%	-1.8%	5.1%
Low	-33.2%	-18.1%	-22.5%

EPS Forecast

EPS	2024	2025	2026	2027
High	9.12	9.69	9.31	7.29
Avg	5.91	5.50	7.06	6.21
Low	4.87	2.96	4.91	4.14

EPS Growth

EPS Growth	2024	2025	2026	2027
High	15.5%	64.1%	69.3%	3.2%
Avg	-25.2%	-6.9%	28.4%	-12.0%
Low	-38.3%	-49.9%	-10.7%	-41.4%

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.