Viper Energy Partners LP (VNOM)
NASDAQ: VNOM · IEX Real-Time Price · USD
38.92
-0.49 (-1.24%)
At close: Apr 17, 2024, 4:00 PM
38.50
-0.42 (-1.08%)
After-hours: Apr 17, 2024, 6:34 PM 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 39.5, with a low estimate of 33 and a high estimate of 52. The average target predicts an increase of 1.49% from the current stock price of 38.92.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for VNOM stock from 8 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
Buy | 3 | 3 | 3 | 3 | 3 | 4 |
Hold | 1 | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 7 | 7 | 7 | 7 | 7 | 8 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Barclays | Barclays | Buy Initiates $44 | Buy | Initiates | $44 | +13.05% | Apr 10, 2024 |
Truist Securities | Truist Securities | Strong Buy Maintains $47 → $52 | Strong Buy | Maintains | $47 → $52 | +33.61% | Apr 5, 2024 |
Raymond James | Raymond James | Buy Maintains $38 → $37 | Buy | Maintains | $38 → $37 | -4.93% | Jan 24, 2024 |
Piper Sandler | Piper Sandler | Buy Maintains $37 → $36 | Buy | Maintains | $37 → $36 | -7.50% | Jan 24, 2024 |
Evercore ISI Group | Evercore ISI Group | Buy Initiates $37 | Buy | Initiates | $37 | -4.93% | Dec 7, 2023 |
Financial Forecast
Revenue This Year
843.75M
from 827.70M
Increased by 1.94%
Revenue Next Year
886.00M
from 843.75M
Increased by 5.01%
EPS This Year
1.90
from 2.69
Decreased by -29.42%
EPS Next Year
2.05
from 1.90
Increased by 7.75%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 932.8M | 1.1B | 1.2B |
Avg | 843.8M | 886.0M | 974.6M |
Low | 727.7M | 711.6M | 788.9M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 12.7% | 29.7% | 31.0% |
Avg | 1.9% | 5.0% | 10.0% |
Low | -12.1% | -15.7% | -11.0% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 3.06 | 3.41 | 2.53 |
Avg | 1.90 | 2.05 | 1.69 |
Low | 0.55 | 0.92 | 1.08 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 13.6% | 79.7% | 23.9% |
Avg | -29.4% | 7.8% | -17.3% |
Low | -79.6% | -51.5% | -47.3% |
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.