Raymond James analyst John Freeman has revised the price target for Vital Energy (VTLE, Financial), reducing it from $30 to $23. Despite the adjustment, the company maintains an Outperform rating. This decision comes in response to notable changes in the global energy landscape since late February, when Exploration & Production companies disclosed their Q4 results.
Oil prices have dropped approximately $10 per barrel since those reports, creating challenges across the commodity market. The combination of shifting macroeconomic factors, including trade disputes and OPEC+ decisions, has introduced significant uncertainty. As a result, many leadership teams within the energy sector are adopting a cautious, wait-and-see approach.
Despite these headwinds, the firm anticipates that its coverage of Exploration and Production companies will largely meet expectations for the first quarter. This outlook takes into account the evolving conditions impacting the oil industry.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Vital Energy (VTLE, Financial) is $30.36 with a high estimate of $53.00 and a low estimate of $17.00. The average target implies an upside of 99.24% from the current price of $15.24. More detailed estimate data can be found on the Vital Energy (VTLE) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, Vital Energy's (VTLE, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Vital Energy (VTLE, Financial) in one year is $31.97, suggesting a upside of 109.78% from the current price of $15.24. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Vital Energy (VTLE) Summary page.
