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OVV Stock Forecast: Ovintiv Inc. Price Predictions for 2025

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$40.53

+1.82 (4.70%)

OVV Stock Forecast 2025-2026

$40.53
Current Price
$10.55B
Market Cap
24 Ratings
Buy 18
Hold 6
Sell 0
Wall St Analyst Ratings

Distance to OVV Price Targets

+80.1%
To High Target of $73.00
+38.2%
To Median Target of $56.00
+8.6%
To Low Target of $44.00

OVV Price Momentum

+5.1%
1 Week Change
-8.2%
1 Month Change
-19.7%
1 Year Change
+0.1%
Year-to-Date Change
-27.6%
From 52W High of $55.95
+10.7%
From 52W Low of $36.62

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Latest OVV Stock Price Targets & Analyst Predictions

Based on our analysis of 26 Wall Street analysts, OVV has a bullish consensus with a median price target of $56.00 (ranging from $44.00 to $73.00). The overall analyst rating is Strong Buy (8.6/10). Currently trading at $40.53, the median forecast implies a 38.2% upside. This outlook is supported by 18 Buy, 6 Hold, and 0 Sell ratings.

Conversely, the most conservative target is provided by Devin McDermott at Morgan Stanley, suggesting a 8.6% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

OVV Analyst Ratings

18
Buy
6
Hold
0
Sell

OVV Price Target Range

Low
$44.00
Average
$56.00
High
$73.00
Current: $40.53

Latest OVV Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for OVV.

Date Firm Analyst Rating Change Price Target
Mar 13, 2025 JP Morgan Arun Jayaram Overweight Maintains $45.00
Jan 30, 2025 Barclays Betty Jiang Overweight Maintains $59.00
Jan 13, 2025 B of A Securities Noah Hungness Buy Upgrade $54.00
Jan 13, 2025 Truist Securities Neal Dingmann Buy Maintains $60.00
Dec 17, 2024 Wells Fargo Roger Read Equal-Weight Maintains $42.00
Dec 16, 2024 Mizuho Nitin Kumar Outperform Maintains $60.00
Dec 10, 2024 UBS Buy Maintains $0.00
Dec 9, 2024 UBS Josh Silverstein Buy Maintains $56.00
Nov 26, 2024 Citigroup Scott Gruber Buy Maintains $54.00
Nov 18, 2024 Scotiabank Jason Bouvier Sector Outperform Maintains $53.00
Nov 18, 2024 UBS Josh Silverstein Buy Maintains $59.00
Nov 15, 2024 Barclays Betty Jiang Overweight Maintains $57.00
Nov 15, 2024 Truist Securities Neal Dingmann Buy Maintains $59.00
Oct 9, 2024 Mizuho Nitin Kumar Outperform Maintains $58.00
Oct 7, 2024 Citigroup Brian Downey Buy Maintains $55.00
Oct 1, 2024 Wells Fargo Roger Read Equal-Weight Maintains $42.00
Sep 30, 2024 Evercore ISI Group Stephen Richardson Outperform Maintains $54.00
Sep 30, 2024 Truist Securities Neal Dingmann Buy Maintains $47.00
Sep 18, 2024 UBS Josh Silverstein Buy Maintains $57.00
Sep 16, 2024 Morgan Stanley Devin McDermott Equal-Weight Maintains $51.00

Ovintiv Inc. (OVV) Competitors

The following stocks are similar to Ovintiv based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Ovintiv Inc. (OVV) Financial Data

Ovintiv Inc. has a market capitalization of $10.55B with a P/E ratio of 9.6x. The company generates $8.94B in trailing twelve-month revenue with a 12.6% profit margin.

Revenue growth is -22.1% quarter-over-quarter, while maintaining an operating margin of +22.1% and return on equity of +10.9%.

Valuation Metrics

Market Cap $10.55B
Enterprise Value $16.29B
P/E Ratio 9.6x
PEG Ratio 6.5x
Price/Sales 1.2x

Growth & Margins

Revenue Growth (YoY) -22.1%
Gross Margin +54.3%
Operating Margin +22.1%
Net Margin +12.6%
EPS Growth -30.9%

Financial Health

Cash/Price Ratio +0.8%
Current Ratio 0.5x
Debt/Equity 60.9x
ROE +10.9%
ROA +6.6%

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Ovintiv Inc. logo

Ovintiv Inc. (OVV) Business Model

About Ovintiv Inc.

What They Do

Produces oil and gas in North America.

Business Model

Ovintiv Inc. generates revenue through the exploration, development, and production of oil, natural gas, and natural gas liquids. By operating in key resource-rich regions, the company leverages advanced technology to enhance efficiency and resource recovery, thus maximizing profitability.

Additional Information

The company emphasizes sustainable practices, aiming to reduce its environmental impact through emissions reduction and water management. Ovintiv is strategically positioned in prominent basins like the Permian and Bakken, contributing to energy security and economic growth while aligning with industry trends toward sustainability.

Company Information

Sector

Energy

Industry

Oil & Gas E&P

Employees

1,623

CEO

Mr. Brendan Michael McCracken

Country

United States

IPO Year

2002

Ovintiv Inc. (OVV) Latest News & Analysis

OVV stock latest news image
Quick Summary

Zacks utilizes its Rank system, focusing on earnings estimates and revisions, to identify top stocks while monitoring value, growth, and momentum trends for strong investment picks.

Why It Matters

The Zacks Rank system highlights stocks based on earnings estimates, which helps investors identify potential growth opportunities and make informed investment decisions.

Source: Zacks Investment Research
Market Sentiment: Neutral
OVV stock latest news image
Quick Summary

Ovintiv Inc. (NYSE:OVV) will host its Q4 2024 results conference call on February 27, 2025, at 11:00 AM ET, featuring key executives and analysts from various firms.

Why It Matters

Ovintiv's Q4 2024 results call will provide insights into financial performance, operational strategies, and market outlook, influencing investor sentiment and stock valuation.

Source: Seeking Alpha
Market Sentiment: Neutral
OVV stock latest news image
Quick Summary

OVV projects Q1 2025 capital expenditure of $600-$650 million and full-year expenditure between $2.15 billion and $2.25 billion.

Why It Matters

OVV's capital expenditure guidance signals its growth strategy and investment in operations, impacting future cash flow and profitability, influencing investor sentiment and stock valuation.

Source: Zacks Investment Research
Market Sentiment: Positive
OVV stock latest news image
Quick Summary

Ovintiv's 2025 production guidance indicates minimal growth from this year, while Cenovus shows a stronger growth performance.

Why It Matters

Ovintiv's stagnant production outlook and poor track record raise concerns about its future growth, making Cenovus a more attractive investment option with superior performance.

Source: Seeking Alpha
Market Sentiment: Negative
OVV stock latest news image
Quick Summary

In 2024, the company reported a 50% increase in Non-GAAP Free Cash Flow to $1.7 billion, generated $3.7 billion in cash from operations, and returned over $900 million to shareholders. An acquisition of Montney assets is expected to enhance production.

Why It Matters

Significant growth in 2024 free cash flow and robust shareholder returns signal financial strength. The Montney acquisition enhances production capacity, positioning the company for future gains.

Source: PRNewsWire
Market Sentiment: Neutral
OVV stock latest news image
Quick Summary

Ovintiv (OVV) has a strong earnings surprise history and exhibits favorable conditions for a potential earnings beat in its upcoming quarterly report.

Why It Matters

Ovintiv's strong earnings surprise history and favorable conditions suggest potential for positive quarterly results, which could boost investor confidence and drive stock prices higher.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About OVV Stock

What is Ovintiv Inc.'s (OVV) stock forecast for 2025?

Based on our analysis of 26 Wall Street analysts, Ovintiv Inc. (OVV) has a median price target of $56.00. The highest price target is $73.00 and the lowest is $44.00.

Is OVV stock a good investment in 2025?

According to current analyst ratings, OVV has 18 Buy ratings, 6 Hold ratings, and 0 Sell ratings. The stock is currently trading at $40.53. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for OVV stock?

Wall Street analysts predict OVV stock could reach $56.00 in the next 12 months. This represents a 38.2% increase from the current price of $40.53. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Ovintiv Inc.'s business model?

Ovintiv Inc. generates revenue through the exploration, development, and production of oil, natural gas, and natural gas liquids. By operating in key resource-rich regions, the company leverages advanced technology to enhance efficiency and resource recovery, thus maximizing profitability.

What is the highest forecasted price for OVV Ovintiv Inc.?

The highest price target for OVV is $73.00 from at , which represents a 80.1% increase from the current price of $40.53.

What is the lowest forecasted price for OVV Ovintiv Inc.?

The lowest price target for OVV is $44.00 from Devin McDermott at Morgan Stanley, which represents a 8.6% increase from the current price of $40.53.

What is the overall OVV consensus from analysts for Ovintiv Inc.?

The overall analyst consensus for OVV is bullish. Out of 26 Wall Street analysts, 18 rate it as Buy, 6 as Hold, and 0 as Sell, with a median price target of $56.00.

How accurate are OVV stock price projections?

Stock price projections, including those for Ovintiv Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: March 16, 2025 6:10 AM UTC