Ring Energy, Inc. (REI)

Ring Energy Stock Forecast

Stock Price Forecast

There have not been any analyst price target forecasts for Ring Energy in the last 12 months.

Price Target: n/a

Analyst Consensus: n/a

Target	Low	Average	Median	High
Price	n/a	n/a	n/a	n/a
Change	n/a	n/a	n/a	n/a

Analyst Ratings

There are currently no analyst ratings available for Ring Energy.

Recommendation Trends

Rating	Mar '22	Apr '22	May '22	Jun '22	Jul '22	Aug '22
Strong Buy	1	1	1	1	1	0
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	0

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John White Roth Capital	Roth Capital	Strong Buy → Hold Downgrades $7.5	Strong Buy → Hold	Downgrades	$7.5	+365.84%	Aug 1, 2022
John White Roth Capital	Roth Capital	Hold → Strong Buy Upgrades $4.75	Hold → Strong Buy	Upgrades	$4.75	+195.03%	Oct 14, 2021
Neal Dingmann SunTrust Robinson Humphrey	SunTrust Robinson Humphrey	Strong Buy → Hold Downgrades $5 → $1	Strong Buy → Hold	Downgrades	$5 → $1	-37.89%	Mar 9, 2020
Jason Wangler Imperial Capital	Imperial Capital	Buy Initiates $18	Buy	Initiates	$18	+1,018.01%	Aug 15, 2017
Jason Wangler Imperial Capital	Imperial Capital	Buy Initiates $14	Buy	Initiates	$14	+738.51%	Sep 27, 2016

More Analyst Ratings

Financial Forecast

Revenue This Year

326.33M

Increased by 11.43%

from 292.87M

Revenue Next Year

350.47M

Increased by 7.40%

from 326.33M

EPS This Year

0.08

from -0.17

EPS Next Year

0.18

Increased by 115.57%

from 0.08

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	187.18M	330.12M	342.92M	350.21M	292.87M	326.33M	350.47M
Revenue Growth	73.64%	76.36%	3.88%	2.13%	-16.37%	11.43%	7.40%
EPS	0.03	0.98	0.54	0.34	-0.17	0.08	0.18
EPS Growth	-	3,166.78%	-44.90%	-37.04%	-	-	115.57%
Forward PE	-	-	-	-	-	19.09	8.86
No. Analysts	-	-	-	-	-	4	3

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

Revenue Forecast

Revenue	2026	2027
High	374.9M	364.4M
Avg	326.3M	350.5M
Low	283.4M	340.1M

Revenue Growth

Revenue Growth	2026	2027
High	28.0%	11.7%
Avg	11.4%	7.4%
Low	-3.2%	4.2%

EPS Forecast

EPS	2026	2027
High	0.09	0.19
Avg	0.08	0.18
Low	0.08	0.18

EPS Growth

EPS Growth	2026	2027
High	-	124.1%
Avg	-	115.6%
Low	-	109.2%

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 sources.