Ring Energy, Inc. (REI)
NYSEAMERICAN: REI · Real-Time Price · USD
1.270
-0.040 (-3.05%)
At close: Jul 24, 2026, 4:00 PM EDT
1.280
+0.010 (0.79%)
After-hours: Jul 24, 2026, 8:00 PM EDT

Ring Energy Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, Ring Energy stock has a consensus rating of "Strong Buy" and an average price target of $2.25. The average 1-year stock price forecast is 77.17% higher than the current stock price, while the lowest is $2.00 (+57.48%) and the highest is $2.50 (+96.85%).

Price Target: $2.25 (+77.17%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$2.00$2.25$2.25$2.50
Change+57.48%+77.17%+77.17%+96.85%

Analyst Ratings

The average analyst rating for Ring Energy stock 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

Chart
RatingOct '25Nov '25Mar '26Apr '26May '26Jul '26
Strong Buy111112
Buy000000
Hold000000
Sell000000
Strong Sell000000
Total111112

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bank of America Securities
Bank of America Securities
Buy
Initiates
$2
BuyInitiates$2+57.48%Jul 15, 2026
Alliance Global Partners
Alliance Global Partners
Buy
Maintains
$2.5
BuyMaintains$2.5+96.85%May 11, 2026

Financial Forecast

Revenue This Year
329.41M
from 292.87M
Increased by 12.48%
Revenue Next Year
351.53M
from 329.41M
Increased by 6.71%
EPS This Year
0.17
from 0.19
Decreased by -13.16%
EPS Next Year
0.27
from 0.17
Increased by 60.61%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
187.18M330.12M342.92M350.21M292.87M329.41M
Revenue Growth
73.64%76.36%3.88%2.13%-16.37%12.48%
Operating Income
17.90M170.21M148.55M130.53M106.15M-61.75M
Net Income
3.32M138.64M104.86M67.47M-34.73M-183.07M
EPS
----0.190.17
EPS Growth
-----45.71%-13.16%
Forward PE
4.702.162.434.084.417.70
Free Cash Flow
19.40M59.94M-10.63M7.00M-46.64M25.95M
No. Analysts
-----3
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue20262027
High346.2M
Avg329.4M
Low306.2M

Revenue Growth

Revenue Growth20262027
High
18.2%
Avg
12.5%
Low
4.6%

EPS Forecast

EPS20262027
High0.18
Avg0.17
Low0.15

EPS Growth

EPS Growth20262027
High
-5.3%
Avg
-13.2%
Low
-21.1%