LB

LandBridge Co LLC

Add to Watchlist

Advanced Chart

76.160

+3.05(4.172%)1D

Line

Candle

YTD

High

77.000

Open

72.440

VWAP

74.69

Vol

107.45K

Mkt Cap

5.64B

Low

71.350

Amount

8.03M

EV/EBITDA(TTM)

56.70

Total Shares

77.09M

6.40B

EV/OCF(TTM)

55.62

P/S(TTM)

30.95

LandBridge Company LLC owns approximately 277,000 surface acres across Texas and New Mexico, located primarily in the Delaware sub-region in the Permian Basin, the active region for oil and gas exploration and development in the United States. The Company actively manages its land and resources to support and encourage energy and infrastructure development and other land uses, including digital infrastructure. The Company’s assets consist mainly of fee surface acreage, oil and natural gas mineral interests, brackish water wells and ponds and related facilities. It owns surface acreage in and around the Delaware Basin across Andrews, Loving, Reeves, Pecos and Winkler Counties in Texas and Eddy and Lea Counties in New Mexico. The Company owns oil and natural gas mineral interests in Loving and Reeves Counties, Texas.

5 Analyst Rating

-9.66% Downside

Wall Street analysts forecast LB stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for LB is 68.80 USD with a low forecast of 55.00 USD and a high forecast of 91.00 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 Buy

2 Hold

0 Sell

Moderate Buy

-9.66% Downside

Current: 76.160

Low

55.00

Averages

68.80

High

91.00

-9.66% Downside

Current: 76.160

Low

55.00

Averages

68.80

High

91.00

Janney Montgomery Scott

Buy -> Neutral

downgrade

$63 -> $74

2025-11-13

New

Reason

Janney Montgomery Scott

Price Target

$63 -> $74

2025-11-13

New

downgrade

Buy -> Neutral

Reason

Janney Montgomery Scott downgraded LandBridge to Neutral from Buy with a fair value estimate of $74, up from $63. The firm cites valuation for the downgrade post the Q3 report. The stock has rallied significantly to above the new fair value estimate, the analyst tells investors in a research note.

Barclays

Equal Weight

downgrade

$66 -> $57

2025-10-14

Reason

Barclays

Price Target

$66 -> $57

2025-10-14

downgrade

Equal Weight

Reason

Barclays lowered the firm's price target on LandBridge to $57 from $66 and keeps an Equal Weight rating on the shares as part of a Q3 earnings preview for the midstream and refining group. While liquids-exposed names could see further downside, the gas-focused operators "remain relatively resilient," the analyst tells investors in a research note.

Piper Sandler

Mark Lear

Neutral

downgrade

$70 -> $55

2025-08-15

Reason

Piper Sandler

Mark Lear

Price Target

$70 -> $55

2025-08-15

downgrade

Neutral

Reason

Piper Sandler analyst Mark Lear lowered the firm's price target on LandBridge to $55 from $70 and keeps a Neutral rating on the shares. The firm is also reducing its estimates based on the revised guidance. LandBridge delivered Q2 results that were in line with Piper and consensus' estimates on 8% revenue growth. FY25 EBITDA guidance for FY25 is now $160M-$180M, down from prior $170M-$190M, due to timing on the solar deal, Piper adds.

Raymond James

Outperform

NULL

downgrade

$85 -> $75

2025-08-08

Reason

Raymond James

Price Target

$85 -> $75

2025-08-08

downgrade

Outperform

NULL

Reason

Raymond James lowered the firm's price target on LandBridge to $75 from $85 and keeps an Outperform rating on the shares. LandBridge is a unique play on economic development in the Delaware Basin, the analyst tells investors in a research note. LandBridge's financial optionality makes "roll-up" M&A realistic in the still quite fragmented West Texas land market, along with moderate dividend growth, and while valuation is tricky given limited comps and newer business type, the strong growth profile and core land value supports the stock, the analyst tells investors in a research note.

Gotham City Research

downgrade

$5 -> $24

2025-07-24

Reason

Gotham City Research

Price Target

$5 -> $24

2025-07-24

downgrade

Reason

In a recently published report, Gotham City Research says it believes 16%-55% of LandBridge revenues are "artificially boosted by related parties, so that insiders can sell LB stock." Further, the report reads that, " We believe false and/or misleading claims have boosted the stock since its IPO on June 28, 2024. We estimate shares are worth no more $5 to $24 per share implying 53-89% downside to the current share price... Recent RRC guideline changes, effective June 1 2025, will pressure LB's revenue growth, per our assessment." Shares of LandBridge have dropped about 6% and are trading at $49.70 on Thursday. Reference Link

Barclays

Theresa Chen

Equal Weight

downgrade

$80 -> $66

2025-07-10

Reason

Barclays

Theresa Chen

Price Target

$80 -> $66

2025-07-10

downgrade

Equal Weight

Reason

Barclays analyst Theresa Chen lowered the firm's price target on LandBridge to $66 from $80 and keeps an Equal Weight rating on the shares ahead of the Q2 report. The firm looks for visible growth across the company's acreage.

See All Ratings

Valuation Metrics

The current forward P/E ratio for LandBridge Co LLC (LB.N) is 30.85, compared to its 5-year average forward P/E of 33.57. For a more detailed relative valuation and DCF analysis to assess LandBridge Co LLC 's fair value, click here.

Forward PE
Forward EV/EBITDA
Forward PS

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

33.57

Current PE

30.85

Overvalued PE

42.68

Undervalued PE

24.45

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

10.14

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

12.29

Undervalued EV/EBITDA

7.99

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

8.73

Current PS

73.11

Overvalued PS

20.43

Undervalued PS

-2.96