WaterBridge, supported by Five Point, surges 14% in its NYSE debut

Written by Emily J. Thompson, Senior Investment Analyst

FLOC+1.17%

LB-5.7%

INR+5.33%

Source: Reuters

Updated: Sep 17 2025

0mins

Source: Reuters

WaterBridge IPO Success: WaterBridge Infrastructure's shares surged 14.2% on their debut on the New York Stock Exchange, closing at $22.83, which reflects strong investor interest and a market valuation of approximately $2.6 billion.
Unique Market Position: The company, which manages water networks for oil and gas producers, benefits from a competitive moat in water management, allowing it to potentially trade at higher earnings multiples compared to traditional pipeline operators.

FLOC

$20.76+Infinity%1D

Analyst Views on FLOC

Wall Street analysts forecast FLOC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FLOC is 27.00 USD with a low forecast of 25.00 USD and a high forecast of 28.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Analyst Rating

3 Buy

0 Hold

0 Sell

Strong Buy

Current: 20.520

Low

25.00

Averages

27.00

High

28.00

Current: 20.520

Low

25.00

Averages

27.00

High

28.00

Jefferies

NULL -> Buy

maintain

$28

2025-12-30

Reason

Jefferies

Price Target

$28

AI Analysis

2025-12-30

maintain

NULL -> Buy

Reason

Jefferies expects a "modest beat" from Flowco in Q4, forecasting EBITDA of $78.9M that would be 1% above the midpoint of guidance on revenue of $189.8M, which would be 0.4% above consensus, the analyst tells investors in a preview. Jefferies has a Buy rating and $28 price target on Flowco shares.

Evercore ISI

Stephen Richardson

Outperform

downgrade

$26 -> $25

2025-11-06

Reason

Evercore ISI

Stephen Richardson

Price Target

$26 -> $25

2025-11-06

downgrade

Outperform

Reason

Evercore ISI analyst Stephen Richardson lowered the firm's price target on Flowco to $25 from $26 and keeps an Outperform rating on the shares. Management has "swiftly" adapted to the public company environment, with a clear path to double-digit year-over-year adjusted EBITDA growth, the analyst tells investors in a research note. The firm added that the integration of AROC assets is complete, and the macro environment could offer further tailwinds in the future.

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Piper Sandler

Derek Podhaizer

Overweight

downgrade

$33 -> $28

2025-08-06

Reason

Piper Sandler

Derek Podhaizer

Price Target

$33 -> $28

2025-08-06

downgrade

Overweight

Reason

Piper Sandler analyst Derek Podhaizer lowered the firm's price target on Flowco to $28 from $33 to reflect the general derating across U.S. Land, while keeping an Overweight rating on the shares. Initially, the firm expected Flowco shares to come under pressure given the below consensus Q3 2025 guide and softness around the full year range despite the solid Q2 2025 results coupled with an accretive acquisition. However, Piper was pleasantly surprised to see Flowco +4% outperforming the +3% OIH.

Jefferies

Buy

downgrade

$32 -> $28

2025-08-05

Reason

Jefferies

Price Target

$32 -> $28

2025-08-05

downgrade

Buy

Reason

Jefferies lowered the firm's price target on Flowco to $28 from $32 and keeps a Buy rating on the shares. Given macro uncertainty, a subdued oil price outlook an increasing expectations of a largely flat production environment in 2026, Jefferies believes the revisions to 2H25/2026 expectations were largely anticipated by markets, the analyst tells investors in a research note. The firm added that expansion of the rental fleet inorganically aligns with the company strategy of growing the rental business mix.

About FLOC

Flowco Holdings Inc is a provider of production optimization, artificial lift and methane abatement solutions for the oil and natural gas industry. The Company’s products and services include a full range of equipment and technology solutions. Its principal products and services are organized into two business segments: Production Solutions, and Natural Gas Technologies. Its Production Solutions segment designs and delivers products and services that enable its customers to optimize oil and natural gas production rates. Its Natural Gas Technologies segment designs and manufactures products and provides services. Its core technologies include high pressure gas lift (HPGL), conventional gas lift, plunger lift, and vapor recovery unit (VRU) solutions. Its VRUs and other methane abatement solutions capture fugitive emissions of methane, which is a natural byproduct of oil production. The Company operates manufacturing and repair facilities in El Reno, Oklahoma, Houston, Texas, and others.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.