Wells Fargo Raises Viper Energy (VNOM) Target Price to $51.00

Wells Fargo analyst Hanwen Chang has raised the target price for Viper Energy (VNOM) from $50 to $51, maintaining an "Overweight" rating. The average target price for VNOM is $54.87, with a high estimate of $65 and a low estimate of $50, implying a 45.3% upside from the current price.

Wells Fargo analyst Hanwen Chang has recently raised the target price for Viper Energy (VNOM) from $50 to $51, maintaining an "Overweight" rating. This update comes amidst a diverse set of analyst opinions, with 20 analysts expressing various sentiments over the past quarter. The average target price for VNOM stands at $54.87, with a high estimate of $65 and a low estimate of $50, implying a 45.3% upside from the current price [1].

Analysts have been closely evaluating Viper Energy, with key updates from firms such as Piper Sandler and Raymond James. Piper Sandler has increased its price target for VNOM from $65 to $66, while Raymond James raised its target to $60. These adjustments reflect positive long-term demand trends, despite current market challenges [2].

Viper Energy, focused on mineral and royalty interests in oil and natural gas properties in the Permian Basin, has shown strong financial performance. The company reported a 19.51% revenue growth in the first quarter of 2025, with a net margin of 30.61% and a return on equity (ROE) of 3.44%. However, its return on assets (ROA) remains below industry averages at 1.33% [1].

The company's debt-to-equity ratio stands at 0.31, indicating a healthier balance between debt and equity. Viper Energy has also been upgraded to investment grade by Fitch, enhancing its access to capital. The firm has maintained its production outlook and has kept its previous guidance for oil production for the remainder of 2025 [2].

Despite these positive developments, the company faces challenges such as lower commodity prices and market volatility. The recent earnings call highlighted the company's strong balance sheet and its ability to deleverage through share issuance, which could provide opportunities for share repurchases during market volatility [2].

Stay informed about Viper Energy's performance and analyst ratings. Keep an eye on the latest updates and financial indicators to make well-considered investment decisions.

References:
[1] https://www.nasdaq.com/articles/deep-dive-viper-energy-stock-analyst-perspectives-20-ratings
[2] https://www.gurufocus.com/news/2984688/piper-sandler-ups-price-target-for-viper-energy-vnom-amid-market-challenges-vnom-stock-news