FRVOUtilities · Utilities - Renewable

FRVO Stock Forecast: Fervo Energy Co. Price Predictions for 2026-2027

Last close, 21 Aug 2026
$17
−0.47% on the day

The 12 Wall Street analysts covering Fervo Energy Co. hold a median 12-month price target of $45 — +166.0% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 0 of 100 as at 22 Aug 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$5.0B
Ticker Nerd rank
0 / 100
Median analyst target
$45
Analysts covering
12
Total return, dividends reinvested
1W
−14.4%
1M
−37.3%
From high
−60.2%
From low
0.0%
$17
$43
Range since 13 May 2026, adjusted closes · the dot is the last close
Ticker Nerd rank

FRVO stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Fervo Energy Co. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 22 Aug 2026
0 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
31
Size
24
Accruals
8
Issuance
4
Momentum
0
Quality
0
Volatility
0
Value
0
Growth
0

Revisions (31): Analysts have, on balance, been raising their forecasts.

Growth (0): Sales and profits are flat, shrinking, or growing more slowly than they were.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

FRVO stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on FRVO, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, since 13 May 2026Adjusted close, US dollars
$10$20$30$40$50Jun 26Jul 26Aug 26FRVOHigh $51Median $45Low $34

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says12 analysts
11 Buy1 Hold0 Sell
Low $34Median $45High $51

The green dot is the last close — the median target sits +166.0% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 2 moved their price target up and 3 moved it down.

DateFirmActionRatingTarget
13 Aug 2026BairdMaintainsOutperform$50$35
20 July 2026JefferiesUpgradeBuy$41$34
20 July 2026JefferiesUpgradeBuy
17 July 2026B of A SecuritiesUpgradeBuy$40$36
17 July 2026B of A SecuritiesUpgradeBuy
24 June 2026BarclaysMaintainsOverweight$47$48
24 June 2026BarclaysMaintainsOverweight
23 June 2026BairdMaintainsOutperform$47$50
23 June 2026BairdMaintainsOutperform
23 June 2026RBC CapitalReiteratesOutperform$46
23 June 2026RBC CapitalReiteratesOutperform
17 June 2026BernsteinInitiatesOutperform$47
17 June 2026BernsteinInitiatesOutperform
12 June 2026Roth CapitalInitiatesBuy
8 June 2026B of A SecuritiesInitiatesNeutral
8 June 2026BairdInitiatesOutperform
8 June 2026BarclaysInitiatesOverweight
8 June 2026BernsteinInitiatesOutperform
8 June 2026JP MorganInitiatesOverweight
8 June 2026Piper SandlerInitiatesOverweight

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. FRVO appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Estimates

FRVO analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
0
Analysts cutting
2
Fundamentals

Fervo Energy Co. (FRVO) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
−83.0×

Cheaper than 99% of US stocks

Price / sales
15985.2×

Cheaper than 1% of US stocks

Price / book
1.8×

Cheaper than 50% of US stocks

EV / EBITDA
−44.4×

Cheaper than 93% of US stocks

Growth & margins
Revenue growth (YoY)
Earnings growth (YoY)
Gross margin
−690.2%

Higher than 1% of US stocks

Operating margin
−25435.4%

Higher than 1% of US stocks

Net margin
−181.2%

Higher than 3% of US stocks

Returns & dividend
Return on equity
86.8%

Higher than 95% of US stocks

Return on assets
−4.2%

Higher than 33% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

FRVO vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelUtilities - Renewable
CompanyMarket capTKN rank
FRVOFervo Energy Co.$5.0B
0
MWHSOLV Energy, Inc.$5.9B
2
BEPCBrookfield Renewable Corp.$6.0B
8
ORAOrmat Technologies, Inc.$6.6B
34
CWENClearway Energy, Inc.$6.7B
26
RNWReNew Energy Global Plc$2.5B
40
ENLTEnlight Renewable Energy Ltd.$11.0B
18

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Fervo Energy Co. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest FRVO news & analysis

Why Shares of Fervo Energy Are Crashing This Week

The Motley Fool · 14 Aug 2026negative

Fervo Energy's shares fell sharply this week following the release of its Q2 2026 financial results and a price-target cut by an analyst firm.

Why it matters — The stock decline and analyst downgrade signal potential concerns about Fervo Energy's near-term financial performance or market outlook.

Fervo Energy (FRVO) Investor Alert: Johnson Fistel Begins Investigation Following Recent Company Disclosures

GlobeNewsWire · 13 Aug 2026negative

Johnson Fistel, PLLP, a shareholder rights law firm, announced it is investigating potential federal securities law claims on behalf of investors in Fervo Energy Company (NASDAQ: FRVO). The investigation follows Fervo's August 12, 2026 disclosures regarding potential transmission curtailments affecting its Cape Station project, expected 2027 revenue, and remaining commissioning activities.

Why it matters — A securities-law investigation into Fervo's recent disclosures signals heightened legal and regulatory scrutiny for the company, which FRVO watchers would want to track.

Fervo Energy Company (FRVO) Q2 2026 Earnings Call Transcript

Seeking Alpha · 12 Aug 2026neutral

Seeking Alpha published the transcript of Fervo Energy Company's (FRVO) Q2 2026 earnings call. The item presents the company's second-quarter earnings call discussion.

Why it matters — A FRVO watcher would care because the transcript offers a full record of the company's Q2 2026 earnings commentary and management discussion.

Fervo Energy Q2 Earnings Call Highlights

MarketBeat · 12 Aug 2026positive

Fervo Energy advanced 400 megawatts of capacity into advanced development in Q2, expanded its geothermal mineral-rights holdings to over 650,000 acres, and reiterated its plan to begin initial generation at Cape Station in the fourth quarter of 2026.

Why it matters — For Fervo Energy watchers, the update signals measurable operational progress and a clear timeline toward first power generation at its flagship project.

Fervo Energy Reports Second Quarter 2026 Results

GlobeNewsWire · 12 Aug 2026positive

Fervo Energy Company (NASDAQ: FRVO) reported its financial and operational results for the second quarter ended June 30, 2026. CEO and Co-founder Tim Latimer described the company as continuing to demonstrate the power of enhanced geothermal at scale.

Why it matters — FRVO watchers would follow this quarterly report for an update on the company's financial and operational performance as a next-generation geothermal leader.

FAQ

Frequently asked questions about FRVO stock

What is the FRVO stock price forecast for 2026-2027?

The 12 Wall Street analysts covering Fervo Energy Co. have a median 12-month price target of $45, with estimates ranging from $34 to $51. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is FRVO stock a buy right now?

Of the 12 analysts covering Fervo Energy Co., 11 rate it a Buy, 1 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Fervo Energy Co. 0 out of 100 across roughly 4,600 US stocks as at 22 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank FRVO?

As at 22 Aug 2026, Fervo Energy Co. ranks 0 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (31 of 100).

Will FRVO stock go up?

No one can know that. What the data says: the median 12-month target from 12 analysts implies +166.0% from the last close, and Ticker Nerd's factor model ranks Fervo Energy Co. 0 out of 100 as at 22 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the FRVO stock forecast for 2030?

No analyst covering Fervo Energy Co. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for FRVO are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $34 to $51 over the next 12 months.

What does Fervo Energy Co. do?

Fervo Energy Co. is a U.S.-based energy company that develops, owns, and operates next-generation geothermal power projects.

What is the latest news on FRVO?

The most recent item we track (The Motley Fool, 14 Aug 2026): "Why Shares of Fervo Energy Are Crashing This Week". Fervo Energy's shares fell sharply this week following the release of its Q2 2026 financial results and a price-target cut by an analyst firm.

Company

About Fervo Energy Co.

Fervo Energy Co. is a U.S.-based energy company that develops, owns, and operates next-generation geothermal power projects. Headquartered in Houston, Texas and founded in 2017, the company focuses on producing carbon-free, always-on electricity by applying techniques adapted from the oil and gas industry, such as horizontal drilling and distributed fiber optic sensing. These technologies enable Fervo Energy Co. to access geothermal resources in locations that have historically been uneconomic for conventional geothermal development. The company’s projects are designed to provide firm, baseload renewable power that can complement variable sources like wind and solar, supporting grid reliability and decarbonization efforts. Fervo Energy Co. primarily serves utilities, large power buyers, and energy markets that require continuous, dispatchable clean energy. By using enhanced geothermal systems and advanced subsurface engineering, it plays a specialized role within the broader renewable energy sector as a provider of 24/7 carbon-free electricity.

CEO Mr. Timothy Michael Latimer · 261 employees · United States · https://fervoenergy.com