Ring Energy, Inc. (REI)

Ring Energy Stock Forecast

Stock Price Forecast

There is currently no analyst price target forecast available for Ring Energy.

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	+546.55%	Aug 1, 2022
John White Roth Capital	Roth Capital	Hold → Strong Buy Upgrades $4.75	Hold → Strong Buy	Upgrades	$4.75	+309.48%	Oct 14, 2021
Neal Dingmann SunTrust Robinson Humphrey	SunTrust Robinson Humphrey	Strong Buy → Hold Downgrades $5 → $1	Strong Buy → Hold	Downgrades	$5 → $1	-13.79%	Mar 9, 2020
Jason Wangler Imperial Capital	Imperial Capital	Buy Initiates $18	Buy	Initiates	$18	+1,451.72%	Aug 15, 2017
Jason Wangler Imperial Capital	Imperial Capital	Buy Initiates $14	Buy	Initiates	$14	+1,063.79%	Sep 27, 2016

More Analyst Ratings

Financial Forecast

Revenue This Year

389.01M

Increased by 11.08%

from 350.21M

Revenue Next Year

483.79M

Increased by 24.36%

from 389.01M

EPS This Year

0.34

Decreased by -1.38%

from 0.34

EPS Next Year

0.44

Increased by 31.33%

from 0.34

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	107.80M	187.18M	330.12M	342.92M	350.21M	389.01M	483.79M
Revenue Growth	-42.22%	73.64%	76.36%	3.88%	2.13%	11.08%	24.36%
EPS	-3.48	0.03	0.98	0.54	0.34	0.34	0.44
EPS Growth	-	-	3,166.78%	-44.90%	-37.04%	-1.38%	31.33%
Forward PE	-	-	-	-	-	3.46	2.63
No. Analysts	-	-	-	-	-	5	3

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

Revenue Forecast

Revenue	2025	2026
High	443.1M	503.0M
Avg	389.0M	483.8M
Low	342.7M	469.4M

Revenue Growth

Revenue Growth	2025	2026
High	26.5%	29.3%
Avg	11.1%	24.4%
Low	-2.1%	20.7%

EPS Forecast

EPS	2025	2026
High	0.43	0.59
Avg	0.34	0.44
Low	0.25	0.31

EPS Growth

EPS Growth	2025	2026
High	26.6%	75.4%
Avg	-1.4%	31.3%
Low	-26.8%	-8.8%

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.