VNOM Price Prediction Next Week
Analysis and Insights
Technical Analysis:
Viper Energy Inc (VNOM) is currently trading at $41.36, with a 14-day RSI of 26.97, indicating an oversold condition. The stock is near the lower end of its 52-week range ($34.45 - $56.76). The Fibonacci pivot level is at $44.52, which could act as resistance if the stock attempts to rally.
News Sentiment and Fundamental Analysis:
- Goldman Sachs Conviction List: VNOM was recently added to Goldman Sachs' Conviction List, highlighting its potential for turnaround and growth.
- Dividend Strength: VNOM has consistently increased its dividend, with a current payout ratio of 59% and a dividend yield of 2.79%.
Price Prediction and Recommendation:
Based on the oversold RSI and positive news sentiment, VNOM is likely to experience a short-term rebound. The Fibonacci pivot level at $44.52 is a key target for the next trading week.
Prediction: VNOM stock price is expected to reach $44.52 by the end of the next trading week.
Recommendation: Buy VNOM at the current price of $41.36, with a target price of $44.52 and a stop-loss at $39.71.
VNOM Similar Chart Price Prediction
The price of VNOM is predicted to go up -50.93%, based on the high correlation periods with TGI. The similarity of these two price pattern on the periods is 96.61%.
VNOM
TGI
Down: -50.93%Similarity: 96.61%
VNOM Revenue Forecast
VNOM EPS Forecast
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VNOM Analyst's Forecast
Hanwen Chang
Wells Fargo
Buy
2025-03-14
Price Target
$51
Upside
+17.78%
Wells Fargo initiated coverage of Viper Energy with an Overweight rating and $51 price target. The firm believes Viper offers investors exposure to a high-growth, oil-weighted, income investment, with "strong downside protection." Potential catalysts for the shares include further dropdowns and acquisitions, the analyst tells investors in a research note.
Arun Jayaram
JP Morgan
Buy
2025-03-13
Price Target
$56 → $51
Upside
+23.01%
Neal Dingmann
Truist Securities
Strong Buy
2025-01-13
Price Target
$64 → $71
Upside
+39.74%
