Ovintiv Inc. (OVV)
NYSE: OVV · Real-Time Price · USD
45.74
-0.17 (-0.37%)
At close: Jan 17, 2025, 4:00 PM
45.61
-0.13 (-0.28%)
Pre-market: Jan 21, 2025, 8:40 AM EST
Ovintiv Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Ovintiv stock have an average target of 56.19, with a low estimate of 42 and a high estimate of 69. The average target predicts an increase of 22.85% from the current stock price of 45.74.
Analyst Consensus: Buy
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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 5 | 6 | 6 | 7 |
| Buy | 5 | 5 | 6 | 6 | 6 | 6 |
| Hold | 5 | 5 | 5 | 5 | 5 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 16 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $59 → $60 | Strong Buy | Maintains | $59 → $60 | +31.18% | Jan 13, 2025 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $55 → $54 | Hold → Strong Buy | Upgrades | $55 → $54 | +18.06% | Jan 13, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $48 → $42 | Hold | Maintains | $48 → $42 | -8.18% | Dec 17, 2024 |
| Mizuho | Mizuho | Buy Maintains $63 → $60 | Buy | Maintains | $63 → $60 | +31.18% | Dec 16, 2024 |
| UBS | UBS | Strong Buy Maintains $59 → $56 | Strong Buy | Maintains | $59 → $56 | +22.43% | Dec 9, 2024 |
Financial Forecast
Revenue This Year
8.93B
from 10.66B
Decreased by -16.26%
Revenue Next Year
8.78B
from 8.93B
Decreased by -1.62%
EPS This Year
5.85
from 7.90
Decreased by -25.94%
EPS Next Year
5.59
from 5.85
Decreased by -4.50%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.4B | 11.1B | 12.3B |
| Avg | 8.9B | 8.8B | 9.3B |
| Low | 7.1B | 7.3B | 6.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.4% | 24.9% | 39.7% |
| Avg | -16.3% | -1.6% | 5.8% |
| Low | -33.2% | -18.2% | -22.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.86 | 14.72 | 9.31 | ||
| Avg | 5.85 | 5.59 | 6.40 | ||
| Low | 4.73 | 3.13 | 3.78 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.2% | 151.6% | 66.7% | ||
| Avg | -25.9% | -4.5% | 14.6% | ||
| Low | -40.1% | -46.6% | -32.3% |
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.