Ovintiv Inc. (OVV)
NYSE: OVV · Real-Time Price · USD
46.82
+1.08 (2.36%)
Nov 21, 2024, 11:34 AM EST - Market open
Ovintiv Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Ovintiv stock have an average target of 56.4, with a low estimate of 42 and a high estimate of 69. The average target predicts an increase of 20.46% from the current stock price of 46.82.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Ovintiv stock from 16 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 5 | 5 |
| Buy | 3 | 5 | 5 | 5 | 6 | 6 |
| Hold | 6 | 6 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 17 | 16 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $57 → $59 | Strong Buy | Maintains | $57 → $59 | +26.01% | Nov 18, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $50 → $53 | Buy | Maintains | $50 → $53 | +13.20% | Nov 18, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $57 → $59 | Strong Buy | Maintains | $57 → $59 | +26.01% | Nov 15, 2024 |
| Barclays | Barclays | Buy Maintains $53 → $57 | Buy | Maintains | $53 → $57 | +21.74% | Nov 15, 2024 |
| Mizuho | Mizuho | Buy Maintains $60 → $58 | Buy | Maintains | $60 → $58 | +23.88% | Oct 9, 2024 |
Financial Forecast
Revenue This Year
8.88B
from 10.66B
Decreased by -16.75%
Revenue Next Year
8.60B
from 8.88B
Decreased by -3.05%
EPS This Year
5.07
from 7.90
Decreased by -35.80%
EPS Next Year
5.26
from 5.07
Increased by 3.76%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.5B | 10.7B | 11.6B |
| Avg | 8.9B | 8.6B | 8.9B |
| Low | 7.3B | 6.9B | 6.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.4% | 20.2% | 35.3% |
| Avg | -16.8% | -3.1% | 3.9% |
| Low | -31.2% | -22.0% | -20.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 8.06 | 14.72 | 8.76 | |
| Avg | 5.07 | 5.26 | 6.28 | |
| Low | 3.85 | 3.08 | 3.75 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.1% | 190.2% | 66.4% | |
| Avg | -35.8% | 3.8% | 19.4% | |
| Low | -51.2% | -39.3% | -28.7% |
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.