Stock Price & Analysis

Based on the analysis of VET's recent price trends and technical indicators, the stock shows bullish momentum with potential upside. It is currently trading above key support levels and indicators suggest further growth.

The price prediction for VET stock in 2025 is $8.50. This forecast is based on JPMorgan's downgrade to Underweight due to valuation concerns and lower earnings expectations, as well as the expected oil surplus reducing oil prices. However, the stock may see a slight increase due to its dividend run history.

The S1 support level for VET Stock is $7.86 ,The R1 resistant level for VET Stock is $8.4.

As of the end of day on 2025-03-28, the price of VET Stock was $8.16.

The target price for VET Stock according to analyst rating is 11.88, with the highest price target at 13.27 and the lowest at 9.78. Analysts have a Moderate Buy rating on VET Stock overall.

The market cap of VET is $1.3B.

Analysis and Insights

Technical Analysis:

VET's price is currently testing resistance levels around 0.0270 and 0.0280, with support at 0.0240. The Stochastic Oscillator indicates overbought conditions, suggesting a potential pullback.

Fundamental Analysis:

JPMorgan downgraded VET to Underweight, citing valuation concerns and lower earnings projections. The stock also faces headwinds from a projected oil surplus in 2025, leading to cautious sentiment among investors.

Event Impact:

The upcoming ex-dividend date and dividend run alert may cause short-term price volatility, but this does not necessarily indicate long-term overvaluation.

Conclusion:

While VET is not severely overvalued, the combination of technical resistance, analyst downgrades, and fundamental challenges suggests caution. Investors should monitor earnings and valuation trends closely.

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The Company’s operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia. The Company operates through seven geographical segments: Canada, the United States, France, Netherlands, Germany, Ireland, and Australia. In Canada, the Company is a key player in the highly productive Mannville condensate-rich gas play. It holds a 100% working interest in the Wandoo field, offshore Australia.

VET stock is predicted to reach $25 by 2030, driven by Vermilion Energy's strategic expansions and growing demand for renewable energy. The current price of $8.29 reflects recent positive analyst sentiment, with targets raised to C$19, indicating confidence in its growth.

VET has a total of 740 employees.