Veren Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Veren stock have an average target of 11.5, with a low estimate of 10 and a high estimate of 13. The average target predicts an increase of 114.15% from the current stock price of 5.37.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$10	$11.5	$13	$13
Change	+86.22%	+114.15%	+142.09%	+142.09%

Analyst Ratings

The average analyst rating for Veren stock from 2 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 '24
Strong Buy	1
Buy	1
Hold	0
Sell	0
Strong Sell	0
Total	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Harvey RBC Capital	RBC Capital	Buy Maintains $12 → $10	Buy	Maintains	$12 → $10	+86.22%	Nov 1, 2024
Luke Davis Raymond James	Raymond James	Strong Buy Initiates $13	Strong Buy	Initiates	$13	+142.09%	Oct 18, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

4.30B

from 3.19B

34.64%

from 3.19B

Revenue Next Year

4.31B

from 4.30B

0.28%

from 4.30B

EPS This Year

0.42

from 1.04

-59.65%

from 1.04

EPS Next Year

1.31

from 0.42

211.33%

from 0.42

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.88B	1.49B	2.83B	3.51B	3.19B	4.30B	4.31B	4.35B
Revenue Growth	-13.35%	-48.28%	90.15%	24.14%	-9.18%	34.64%	0.28%	0.91%
EPS	-1.89	-4.76	4.11	2.60	1.04	0.42	1.31	0.81
EPS Growth	-	-	-	-36.75%	-59.91%	-59.65%	211.33%	-38.33%
Forward PE	-	-	-	-	-	12.77	4.10	6.65
No. Analysts	-	-	-	-	-	8	8	5

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	4.6B	4.9B	4.9B
Avg	4.3B	4.3B	4.3B
Low	3.9B	3.7B	3.8B

Revenue Growth

Revenue Growth	2024	2025	2026
High	45.4%	14.7%	14.9%
Avg	34.6%	0.3%	0.9%
Low	21.9%	-13.3%	-11.5%

EPS Forecast

EPS	2024	2025	2026
High	0.60	2.03	0.99
Avg	0.42	1.31	0.81
Low	0.27	1.00	0.54

EPS Growth

EPS Growth	2024	2025	2026
High	-42.6%	381.9%	-24.6%
Avg	-59.7%	211.3%	-38.3%
Low	-73.7%	137.7%	-58.8%

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.