Ovintiv Inc. (OVV)
NYSE: OVV · Real-Time Price · USD
42.22
-1.10 (-2.54%)
At close: Mar 28, 2025, 4:00 PM
42.01
-0.21 (-0.50%)
After-hours: Mar 28, 2025, 8:00 PM EDT

Ovintiv Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for Ovintiv stock have an average target of 56.53, with a low estimate of 45 and a high estimate of 69. The average target predicts an increase of 33.89% from the current stock price of 42.22.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $45 $56.53 $56 $69
Change +6.58% +33.89% +32.64% +63.43%

Analyst Ratings

The average analyst rating for Ovintiv stock from 16 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 566777
Buy 666667
Hold 555442
Sell 000000
Strong Sell 000000
Total 161717171716

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Buy
Initiates
$57
Buy Initiates $57 +35.01% Mar 26, 2025
Wells Fargo
Wells Fargo
Hold
Maintains
$44$45
Hold Maintains $44$45 +6.58% Mar 20, 2025
JP Morgan
JP Morgan
Buy
Maintains
$56$45
Buy Maintains $56$45 +6.58% Mar 13, 2025
Barclays
Barclays
Buy
Maintains
$57$59
Buy Maintains $57$59 +39.74% Jan 30, 2025
Truist Securities
Truist Securities
Strong Buy
Maintains
$59$60
Strong Buy Maintains $59$60 +42.11% Jan 13, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
8.87B
from 8.94B
Decreased by -0.86%
Revenue Next Year
9.43B
from 8.87B
Increased by 6.30%
EPS This Year
5.84
from 4.21
Increased by 38.67%
EPS Next Year
6.54
from 5.84
Increased by 12.05%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending 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
5.51B10.47B14.26B10.66B8.94B8.87B9.43B8.96B
Revenue Growth
-21.45%90.02%36.25%-25.25%-16.12%-0.86%6.30%-4.89%
EPS
-23.475.3214.087.904.215.846.547.17
EPS Growth
--164.66%-43.89%-46.71%38.67%12.05%9.62%
Forward PE
-----7.236.455.89
No. Analysts -----211810
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 10.9B 12.0B 10.4B
Avg 8.9B 9.4B 9.0B
Low 7.0B 7.4B 7.3B

Revenue Growth

Revenue Growth 202520262027
High
22.1%
35.3%
10.0%
Avg
-0.9%
6.3%
-4.9%
Low
-21.6%
-16.3%
-22.9%

EPS Forecast

EPS 2025202620272028
High 8.03 8.55 9.78
Avg 5.84 6.54 7.17
Low 3.47 2.62 4.99

EPS Growth

EPS Growth 2025202620272028
High
90.8%
46.4%
49.5%
Avg
38.7%
12.1%
9.6%
Low
-17.6%
-55.2%
-23.7%
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.