Vertex Energy (VTNR) Stock Forecast & Price Target

$0.87

+0.04 (+4.84%)

(As of 07/26/2024 ET)

Vertex Energy - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 3 Analyst Ratings

Based on 3 Wall Street analysts who have issued ratings for Vertex Energy in the last 12 months, the stock has a consensus rating of "Hold." Out of the 3 analysts, 2 have given a hold rating, and 1 has given a buy rating for VTNR.

Consensus Price Target

$3.17
265.79% Upside

High Forecast	$4.00
Average Forecast	$3.17
Low Forecast	$2.00

According to the 3 analysts' twelve-month price targets for Vertex Energy, the average price target is $3.17. The highest price target for VTNR is $4.00, while the lowest price target for VTNR is $2.00. The average price target represents a forecasted upside of 265.79% from the current price of $0.87.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	2 Buy rating(s)
Hold	2 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$3.17	$4.88	$4.88	$11.15
Forecasted Upside	265.79% Upside	100.21% Upside	100.21% Upside	60.75% Upside

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VTNR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

VTNR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Vertex Energy Stock vs. The Competition

Type	Vertex Energy	Industrial Products Companies	S&P 500
Consensus Rating Score	2.25	2.54	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	463.13% Upside	36.82% Upside	9.16% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
4/22/2024	Stifel Nicolaus 4 of 5 stars	Reiterated Rating	Hold ➝ Hold	$4.00 ➝ $4.00	+173.04%
2/29/2024	HC Wainwright 3 of 5 stars	Lower Target	Buy ➝ Buy	$8.00 ➝ $3.50	+143.05%
1/24/2024	Northland Securities 4 of 5 stars	Downgrade	Outperform ➝ Market Perform	$2.00	+8.11%
7/26/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Market Perform	$10.00	+100.60%
3/10/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Market Perform	$8.00	-14.48%
2/28/2023	Craig Hallum Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$12.00 ➝ $15.00	+58.39%
12/13/2022	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$6.90	+5.50%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 01:50 AM ET.

VTNR Forecast - Frequently Asked Questions

What is Vertex Energy's forecast for 2024?: According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Vertex Energy is $3.17, with a high forecast of $4.00 and a low forecast of $2.00.
Should I buy or sell Vertex Energy stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vertex Energy in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" VTNR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VTNR, but not buy additional shares or sell existing shares.
Does Vertex Energy's stock price have much upside?: According to analysts, Vertex Energy's stock has a predicted upside of 99.79% based on their 12-month stock forecasts.
Do Wall Street analysts like Vertex Energy more than its competitors?: Analysts like Vertex Energy less than other "industrial products" companies. The consensus rating for Vertex Energy is Hold while the average consensus rating for "industrial products" companies is Moderate Buy. Learn more on how VTNR compares to other companies.