Viper Energy (NASDAQ:VNOM) Given New $54.00 Price Target at Truist Financial

Key Points

• Truist raised its price target on Viper Energy to $54 from $53 and maintained a Buy rating, implying about 30% upside from the cited share price of $41.50.
• Analyst sentiment is broadly positive: MarketBeat reports a “Moderate Buy” consensus and an average price target of $56.41, though Oppenheimer downgraded the stock to Market Perform.
• Viper beat quarterly estimates, reporting EPS of $0.72 and revenue of $661 million; revenue grew 58.1% year over year.

Viper Energy (NASDAQ:VNOM - Get Free Report) had its price objective upped by Truist Financial from $53.00 to $54.00 in a research note issued on Wednesday, Benzinga reports. The firm presently has a "buy" rating on the oil and gas producer's stock. Truist Financial's price objective would indicate a potential upside of 30.13% from the stock's current price.

A number of other equities analysts have also weighed in on the stock. Raymond James Financial set a $57.00 price target on shares of Viper Energy in a research report on Friday, July 31st. Oppenheimer cut Viper Energy from an "outperform" rating to a "market perform" rating and set a $53.00 price target for the company. in a report on Tuesday. Roth Capital reissued a "buy" rating on shares of Viper Energy in a research note on Tuesday, August 4th. Zacks Research raised shares of Viper Energy from a "hold" rating to a "strong-buy" rating in a research report on Monday, October 5th. Finally, Mizuho set a $57.00 price objective on Viper Energy in a report on Tuesday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Viper Energy has a consensus rating of "Moderate Buy" and an average price target of $56.41.

Viper Energy Price Performance

VNOM traded down $2.67 during midday trading on Wednesday, hitting $41.50. 1,704,766 shares of the company traded hands, compared to its average volume of 2,241,903. The company has a market capitalization of $14.91 billion, a price-to-earnings ratio of 30.33 and a beta of 0.49. The business has a 50 day simple moving average of $43.84 and a two-hundred day simple moving average of $44.36. The company has a current ratio of 6.37, a quick ratio of 6.37 and a debt-to-equity ratio of 0.16. Viper Energy has a 52-week low of $35.10 and a 52-week high of $51.13.

Viper Energy (NASDAQ:VNOM - Get Free Report) last posted its quarterly earnings data on Monday, November 2nd. The oil and gas producer reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.03. Viper Energy had a return on equity of 4.26% and a net margin of 12.08%. The company had revenue of $661.00 million for the quarter, compared to analysts' expectations of $625.18 million. During the same period in the previous year, the firm posted $0.40 EPS. Viper Energy's revenue was up 58.1% compared to the same quarter last year. On average, equities analysts forecast that Viper Energy will post 2.83 earnings per share for the current fiscal year.

Institutional Trading of Viper Energy

Institutional investors have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp increased its holdings in Viper Energy by 13.5% during the 1st quarter. Bank of New York Mellon Corp now owns 1,223,344 shares of the oil and gas producer's stock worth $57,485,000 after purchasing an additional 145,221 shares during the last quarter. Recurrent Investment Advisors LLC grew its position in shares of Viper Energy by 36.9% during the first quarter. Recurrent Investment Advisors LLC now owns 989,318 shares of the oil and gas producer's stock worth $46,488,000 after buying an additional 266,703 shares in the last quarter. Renaissance Technologies LLC bought a new position in Viper Energy during the 1st quarter valued at $37,464,000. Bank of America Corp DE increased its position in shares of Viper Energy by 24.0% in the 1st quarter. Bank of America Corp DE now owns 795,347 shares of the oil and gas producer's stock worth $37,373,000 after purchasing an additional 154,032 shares during the last quarter. Finally, Pacer Advisors Inc. grew its stake in Viper Energy by 56.3% in the first quarter. Pacer Advisors Inc. now owns 615,920 shares of the oil and gas producer's stock worth $28,942,000 after purchasing an additional 221,853 shares in the last quarter. Hedge funds and other institutional investors own 87.72% of the company's stock.

Viper Energy News Summary

Here are the key news stories impacting Viper Energy this week:

• Positive Sentiment: Q3 earnings and revenue beat estimates. Viper reported EPS of $0.72 versus analysts’ $0.69 estimate and revenue of $661 million versus about $625 million. Revenue rose 58.1% year over year, and EPS increased from $0.40 a year earlier. Viper Energy Q3 2026 results
• Positive Sentiment: Production outlook was raised. Viper expects fourth-quarter 2026 oil production of 70,000–71,000 barrels per day and lifted its full-year production midpoint to 67,500 barrels per day, signaling stronger expected output. Viper production guidance
• Positive Sentiment: Analyst targets indicate potential upside. A report cited an average target price of $56.35, above the recent share level, though targets are estimates and do not guarantee performance. Average analyst target price
• Positive Sentiment: Dividend supports income appeal. The company declared a quarterly dividend of $0.50 per share, or $2.00 annualized; shareholders of record on November 12 are scheduled to receive payment November 19.
• Negative Sentiment: Shares have recently been under pressure. A recent article focuses on VNOM’s decline, but its headline does not specify the cause. The weakness may temper the otherwise constructive earnings and guidance news. Viper Energy recent decline

Viper Energy Company Profile

Viper Energy, Inc NASDAQ: VNOM owns mineral and royalty interests in oil and natural gas properties, primarily in the Permian Basin of West Texas and New Mexico. The company's interests are concentrated in the Midland and Delaware basins, two of the most active producing regions in the United States.

Viper generally does not operate wells or directly conduct drilling and completion activities. Instead, it leases its mineral interests to exploration and production companies and receives royalty, overriding royalty and other mineral-related payments from the sale of hydrocarbons produced on those properties.

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