Should You Buy Obsidian Energy Ltd (OBE) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Obsidian Energy Ltd (OBE) is not a strong buy for a beginner investor with a long-term strategy at this time. Despite hedge fund interest and bullish technical indicators, weak financial performance and lack of positive catalysts suggest holding off on investment until clearer growth signals emerge.
Technical Analysis
The technical indicators are moderately bullish. The MACD is positive and expanding, moving averages are bullish (SMA_5 > SMA_20 > SMA_200), and the RSI is neutral at 62.739. However, the stock is near its resistance level (R1: 6.842), which may limit immediate upside potential.
Analyst Ratings and Price Target Trends
No recent analyst ratings or price target changes are available for OBE.
Wall Street analysts forecast OBE stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for OBE is 7.02 USD with a low forecast of 6.84 USD and a high forecast of 7.2 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.
Wall Street analysts forecast OBE stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for OBE is 7.02 USD with a low forecast of 6.84 USD and a high forecast of 7.2 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.
Current: 7.250
Current: 7.250
