Liberty Energy (LBRT, Financial) recently reported first-quarter results that exceeded expectations, prompting Stifel analyst Stephen Gengaro to revise his forecasts for the oilfield services company. In light of the company's robust performance and an unexpectedly positive short-term outlook, Gengaro adjusted the firm's price target for Liberty Energy to $22, a slight decrease from the previous $23. Despite the price target reduction, he maintains a Buy rating on the stock.
Adjustments were also made to the company's earnings projections. Stifel raised its EBITDA forecast for 2025, reflecting optimism over Liberty Energy's future performance. However, the firm revised its 2026 EBITDA forecast downward, factoring in potential challenges in the longer term. These forecast changes prompted the adjustment in the price target.
Liberty Energy's strong start to the year seems to reassure investors of its near-term potential, despite some caution in longer-term projections. The firm's outlook continues to be favorable, with Gengaro's Buy rating reinforcing confidence in the stock's potential growth.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for Liberty Energy Inc (LBRT, Financial) is $16.54 with a high estimate of $25.00 and a low estimate of $11.00. The average target implies an upside of 43.34% from the current price of $11.54. More detailed estimate data can be found on the Liberty Energy Inc (LBRT) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, Liberty Energy Inc's (LBRT, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" 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 Liberty Energy Inc (LBRT, Financial) in one year is $18.47, suggesting a upside of 60.05% from the current price of $11.54. 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 Liberty Energy Inc (LBRT) Summary page.
