Viper Energy Partners LP (VNOM)
NASDAQ: VNOM · IEX Real-Time Price · USD
42.93
+0.58 (1.37%)
At close: Jul 19, 2024, 4:00 PM
43.18
+0.25 (0.58%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
Viper Energy Partners LP Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for VNOM stock have an average target of 42.57, with a low estimate of 33 and a high estimate of 53. The average target predicts a decrease of -0.84% from the current stock price of 42.93.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for VNOM stock from 7 stock analysts 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
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 8 | 8 | 8 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $43 → $44 | Buy | Maintains | $43 → $44 | +2.49% | Jul 18, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $37 → $45 | Buy | Maintains | $37 → $45 | +4.82% | Jul 8, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $52 → $53 | Strong Buy | Maintains | $52 → $53 | +23.46% | May 2, 2024 |
| TD Securities | TD Securities | Strong Buy Maintains $40 → $42 | Strong Buy | Maintains | $40 → $42 | -2.17% | May 1, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $36 → $43 | Buy | Maintains | $36 → $43 | +0.16% | Apr 19, 2024 |
Financial Forecast
Revenue This Year
892.45M
from 827.70M
Increased by 7.82%
Revenue Next Year
930.92M
from 892.45M
Increased by 4.31%
EPS This Year
2.54
from 2.69
Decreased by -5.73%
EPS Next Year
2.57
from 2.54
Increased by 1.48%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 949.2M | 1.1B | 950.5M |
| Avg | 892.5M | 930.9M | 923.4M |
| Low | 810.5M | 728.6M | 887.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.7% | 23.3% | 2.1% |
| Avg | 7.8% | 4.3% | -0.8% |
| Low | -2.1% | -18.4% | -4.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.99 | 6.69 | 3.06 |
| Avg | 2.54 | 2.57 | 2.27 |
| Low | 1.04 | 0.92 | 0.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 85.4% | 163.8% | 19.0% |
| Avg | -5.7% | 1.5% | -11.8% |
| Low | -61.2% | -63.8% | -63.3% |
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.