Viper Energy Partners LP (VNOM) Stock Forecast & Predictions

Viper Energy Partners LP - Unit VNOM: $16.89

500 W Texas Ave Ste 1200, Midland, Texas, US. | Sector: Mining, Quarrying, and Oil and Gas Extraction | Exchange: NASDAQ/NGS (GLOBAL SELECT MARKET) | Web: https://www.viperenergy.com/

  • Market Cap$1.10B
  • Change (52 Weeks)133.61%
  • Low (52 Weeks)$6.35
  • Viper Energy Partners LP (VNOM) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Viper Energy Partners LP (VNOM) stock price is $16.89 and the 52 weeks low is $6.35, which means the Viper Energy Partners LP stock price is up 133.61% in the last 12 months.

    Viper Energy Partners LP (VNOM) Stock Price has been Trending Strongly with an ADX reading of 34.79 as per the Weekly Chart.

    A Upward trend indicates that Viper Energy Partners LP (VNOM) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that VNOM Stock price might rise further, 18.75% indicating that VNOM Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall VNOM stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Viper Energy Partners LP (VNOM) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Viper Energy Partners LP (VNOM) is based on 25 Institutional Analyst Ratings where 64.00% are on Strong Buy, 24.00% on Moderate Buy, 12.00% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 25 Institutional Analysts, majority recommended VNOM stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Viper Energy Partners LP.

    Viper Energy Partners LP (VNOM) Stock Price Prediction By Analysts


    HighLowAverage
    $22.05$12.12$18.64
    $18.6410.38% Upside
    Updated: 2021-04-12 00:00:00

    The Average Price target for VNOM set by the institutional analysts is $18.64 where High Estimate is $22.05, Median $19.38 and Low $12.12.

    The average price target for VNOM by Institutional Analysts is $18.64, which is 10.38% Upside from the current price. So according to the Institutional Analysts, VNOM Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Viper Energy Partners LP (VNOM) Stock Forecast Based on News Sentiment


    Bullish
    Based on 15 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about VNOM, it shows that Viper Energy Partners LP had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that VNOM stock price may surge in the next few weeks.

    Viper Energy Partners LP (VNOM) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Piper SandlerOverweightUpgraded
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    Truist SecuritiesBuyUpgraded
    Raymond JamesOutperformMaintained
    ScotiaBankSector OutperformMaintained
    Piper SandlerNeutralMaintained
    Seaport GlobalNeutralInitiated
    Raymond JamesOutperformMaintained
    Imperial CapitalOutperformMaintained
    ScotiaBankSector OutperformMaintained
    UBSBuyMaintained
    KeyBancOverweightMaintained
    Raymond JamesOutperformReiterated
    Piper SandlerNeutralMaintained
    UBSBuyMaintained
    KeyBancOverweightMaintained
    CitigroupBuyMaintained
    Imperial CapitalOutperformMaintained
    Credit SuisseOutperformMaintained
    Raymond JamesOutperformDowngraded
    KeyBancOverweightInitiated
    Wells FargoOutperformMaintained
    TD SecuritiesBuyMaintained
    JP MorganOverweightMaintained
    Goldman SachsBuyInitiated
    JP MorganOverweightInitiated
    Stifel NicolausBuyMaintained
    Raymond JamesStrong BuyMaintained
    Evercore ISI GroupOutperformInitiated
    Capital One FinancialOverweightInitiated
    BarclaysOverweightInitiated
    RBC CapitalOutperformInitiated
    Stephens & Co.OverweightInitiated
    CitigroupBuyMaintained
    Credit SuisseOutperformMaintained
    OppenheimerOutperformInitiated
    CitigroupBuyUpgraded
    Stifel NicolausBuyUpgraded
    Raymond JamesStrong BuyMaintained
    Stifel NicolausHoldMaintained
    CitigroupNeutralMaintained
    TD SecuritiesBuyInitiated
    Stifel NicolausHoldDowngraded
    Stifel NicolausBuyMaintained
    CitigroupBuyMaintained
    Deutsche BankBuyInitiated
    Credit SuisseOutperformInitiated
    UBSBuyUpgraded
    SunTrust Robinson HumphreyBuyInitiated
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    UBSNeutralInitiated
    PiperJaffrayOverweightMaintained
    MizuhoBuyUpgraded
    Imperial CapitalOutperformInitiated
    BarclaysOverweightMaintained
    ScotiabankOutperformUpgraded
    BarclaysOverweightMaintained
    CitigroupBuyInitiated
    Raymond JamesStrong BuyUpgraded
    Credit SuisseOutperformUpgraded
    BarclaysOverweightMaintained
    Mizuho SecuritiesNeutralInitiated
    Stifel NicolausBuyMaintained
    BarclaysOverweightMaintained
    Euro Pacific CapitalBuyInitiated
    Stifel NicolausBuyMaintained
    BarclaysOverweightMaintained
    Stifel NicolausBuyMaintained
    BarclaysOverweightMaintained
    Northland SecuritiesOutperformUpgraded
    BairdOutperformUpgraded
    WunderlichBuyMaintained
    GMP SecuritiesHoldInitiated
    Tudor PickeringAccumulateInitiated
    Northland SecuritiesMarket PerformInitiated
    WunderlichBuyInitiated
    Wells FargoOutperformInitiated
    Sterne AgeeNeutralInitiated
    Scotia Howard WeilSector PerformInitiated
    Raymond JamesMarket PerformInitiated
    Credit SuisseNeutralInitiated
    BarclaysOverweightInitiated
    BairdNeutralInitiated

    Viper Energy Partners LP (VNOM) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.071
    The average consensus EPS for VNOM is $0.071 with a high estimate of $0.263 and Low of $-0.137 for the period 2021-06-30 and based on 16 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $-0.003$-0.04301342020-09-30


    The latest average Earning Per Share Estimate for Viper Energy Partners LP is $0.07, which is higher than VNOM's last EPS, $-0.00. This means that Analysts are expecting Viper Energy Partners LP to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Viper Energy Partners LP.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $-0.003$-0.04301342020-09-30
    $-0.04$-0.08744462020-06-30
    $0.21$0.0176972020-03-31
    $0.03$0.17568482019-12-31
    $0.13$0.140821199999999982019-09-30
    $0.04$0.1303052019-06-30
    $0.61$0.07285862019-03-31
    $-0.01$0.196778400000000022018-12-31
    $0.05$0.48285782018-09-30
    $0.71$0.40368542018-06-30
    $0.37$0.3639872018-03-31
    $0.37$0.3047252017-12-31
    $0.24$0.23219282017-09-30
    $0.23$0.22671542017-06-30
    $0.22$0.192157800000000022017-03-31
    $0.19$0.150409200000000022016-12-31
    $0.12$0.10005182016-09-30
    $0.09$0.08273222016-06-30
    $0.03$0.0333233999999999962016-03-31
    $0.1$0.060182015-12-31
    $0.08$0.05873162015-09-30
    $0.1$0.08799542015-06-30
    $0.06$0.05489642015-03-31
    $0.14$0.12242014-12-31
    $0.14$0.162180000000000022014-09-30
    $0.01$0.10782422014-06-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).