Stock of the Day

April 6, 2020

Viper Energy (VNOM)

$45.02
+$1.29 (+2.9%)
Market Cap: $15.71B

About Viper Energy

Viper Energy, Inc. engages in the acquisition of oil and natural gas properties. It owns, acquires, and exploits oil and natural gas properties in North America. The company was founded on February 27, 2014 and is headquartered in Midland, TX.

Today's Trend

Viper Energy Inc. (NASDAQ: VNOM) is seeing modest upward pressure as analysts remain broadly constructive, although revisions to 2027 earnings estimates were mixed. The stock’s recent trading direction appears to reflect the higher price target and positive rating from RBC, partly offset by lower medium-term forecasts from Zacks Research.

  • RBC raised its price target to $57 from $55 and maintained an Outperform rating, signaling increased confidence in Viper Energy’s valuation and potential upside. RBC Lifts Price Target on Viper Energy to $57 From $55, Keeps Outperform Rating
  • Zacks Research continues to rate VNOM a Strong Buy and increased its Q4 2027 EPS estimate to $0.55 from $0.51 and its Q1 2028 estimate to $0.56 from $0.55. These increases provide some support for the bullish outlook.
  • Viper Energy is approaching its November 2 earnings report, which could become the next major catalyst as investors assess production, commodity-price exposure and management’s outlook. Viper Energy Stock Heads Toward November 2 Results
  • Reported short interest was zero shares as of October 9, implying a zero-day days-to-cover ratio based on average volume. Because the reported “significant increase” conflicts with the zero-share figure, the data may be unreliable and should not be treated as a meaningful change in bearish positioning.
  • Zacks lowered several 2027 forecasts: Q1 EPS to $0.55 from $0.64, Q2 to $0.57 from $0.58, Q3 to $0.54 from $0.56, and full-year 2027 EPS to $2.22 from $2.29. The reductions temper the impact of the higher price target, despite Zacks retaining its Strong Buy rating.

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