Based on ratings from 7 stock analysts, the Archrock Inc stock price is expected to increase by 2.18% in 12 months. This is calculated by using the average 12-month stock price forecast for Archrock Inc. The lowest target is $24 and the highest is $27. Please note analyst price targets are not guaranteed and could be missed completely.
About 7 Wall Street analysts have assignedAROC 7 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Archrock Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on AROC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of AROC.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Jeremy Tonet JP Morgan | Overweight | $27 | Maintains | Nov 29, 2024 |
Elvira Scotto RBC Capital | Outperform | $27 | Maintains | Nov 14, 2024 |
Elvira Scotto RBC Capital | Outperform | $26 | Maintains | Oct 16, 2024 |
Gabriel Moreen Mizuho | Outperform | $24 | Initiates | Oct 2, 2024 |
Douglas Irwin Citigroup | Buy | $24 | Initiates | Sep 27, 2024 |
Durgesh Chopra Evercore ISI Group | Outperform | $24 | Initiates | Sep 25, 2024 |
Jeremy Tonet JP Morgan | Overweight | $24 | Initiates | Sep 6, 2024 |
Elvira Scotto RBC Capital | Outperform | $22 | Reiterates | Aug 7, 2024 |
Selman Akyol Stifel | Buy | $25 | Maintains | Jul 24, 2024 |
Selman Akyol Stifel | Buy | $23 | Maintains | May 2, 2024 |
Elvira Scotto RBC Capital | Outperform | $21 | Maintains | Mar 28, 2024 |
Elvira Scotto RBC Capital | Outperform | $20 | Maintains | Feb 28, 2024 |
James Rollyson Raymond James | Outperform | $15 | Maintains | Oct 17, 2023 |
TJ Schultz RBC Capital | Outperform | $17 | Maintains | Aug 2, 2023 |
James Naklicki Raymond James | Outperform | $14 | Maintains | Aug 2, 2023 |
Selman Akyol Stifel | Buy | $17 | Maintains | Aug 2, 2023 |
TJ Schultz RBC Capital | Outperform | $15 | Reiterates | May 4, 2023 |
James Naklicki Raymond James | Outperform | $13 | Maintains | Feb 24, 2023 |
TJ Schultz RBC Capital | Outperform | $15 | Maintains | Feb 23, 2023 |
Thomas Curran B. Riley Securities | Buy | $8.5 | Maintains | Mar 17, 2020 |
When did it IPO
2011
Staff Count
1,100
Country
United States
Sector/Industry
Energy/Oil & Gas Equipment & Services
CEO
Mr. D. Bradley Childers J.D.
Market Cap
$4.46B
In 2023, AROC generated $990.3M in revenue, which was a increase of 17.12% from the previous year. This can be seen as a signal that AROC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Archrock Inc. (AROC) is attracting significant interest from Zacks.com users, indicating potential factors that could influence its stock performance.
Why It Matters - Increased attention from Zacks.com may signal growing investor interest in Archrock Inc., potentially affecting stock demand and price movements.
Summary - Q3 results indicated improved gross margins for the compressor fleet, with Q4 expected to reach 70%. The natural gas growth outlook supports a multi-year positive trend for the company.
Why It Matters - Improved gross margins and a strong Q4 outlook signal financial health, reinforcing the natural gas growth thesis and suggesting sustained profitability for investors.
Summary - Analyst recommendations from brokerage firms can significantly influence stock prices, impacting investor decisions to buy, sell, or hold shares.
Why It Matters - Analyst recommendations can significantly sway stock prices, impacting investor sentiment and trading decisions, which affects market volatility and overall portfolio performance.
Summary - Archrock (AROC) and Monday.com (MNDY) have achieved Zacks Rank #1 (Strong Buy) status following their impressive quarterly growth, indicating strong investment potential.
Why It Matters - Archrock and Monday.comโs strong quarterly growth and Zacks Rank #1 status indicate potential for significant investment returns, suggesting favorable market sentiment and performance prospects.
Summary - Archrock, Inc. (NYSE: AROC) will hold its Q3 2024 earnings conference call on November 12, 2024, at 9:00 AM ET, featuring key executives and analysts from major financial firms.
Why It Matters - Archrock's Q3 earnings call may provide insights into financial performance and strategic direction, influencing stock valuation and investor sentiment.
Summary - Archrock, Inc. (NYSE: AROC) announced its third quarter 2024 financial results on November 11, 2024. Further details on performance were not provided in the excerpt.
Why It Matters - Archrock's Q3 2024 results may influence stock performance, indicating financial health and operational efficiency, which can impact investor sentiment and future stock valuation.