Venture Global: Wells Fargo Maintains Equal-Weight, Raises PT to $14 from $12.

Venture Global: Wells Fargo Maintains Equal-Weight, Raises PT to $14 from $12.

Wells Fargo has raised its price target on Venture Global (NYSE: VG) to $14.00 from $12.00 while maintaining an Equal Weight rating on the stock. The stock currently trades at $13.64, with analysts’ targets ranging from $12 to $21, according to InvestingPro data [1].

The price target increase follows Venture Global’s Q2 earnings beat. Although the company’s 2025 guidance remains unchanged, Wells Fargo cited several factors for the $2 increase. These include a shift forward in its valuation models to 2027, higher spreads, and a lower discount rate reflecting reduced risk due to additional long-term contracts [1]. Additionally, a favorable resolution of arbitration with Shell removes a key overhang for the company [1].

Wells Fargo’s new price target is based on a blend of a two-stage dividend discount model, a two-stage discounted cash flows analysis, and a sum-of-the-parts valuation based on the bank’s 2035 forecast discounted back to 2027 [1].

In other recent news, Venture Global Inc. announced its second-quarter 2025 earnings, highlighting significant growth in both revenue and operational income compared to the previous year. Despite these gains, the company’s earnings per share (EPS) missed analysts’ expectations by a substantial 70.83% [1]. This earnings miss did not dampen investor enthusiasm, as reflected by a positive reaction in pre-market trading. The market’s optimism appears linked to the company’s strategic initiatives, although specific details were not disclosed in the earnings report.

References:
[1] https://ca.investing.com/news/analyst-ratings/venture-global-stock-price-target-raised-to-14-by-wells-fargo-93CH-4158569