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Home โบ Stocks โบ Veren Inc. (VRN) Stock Forecast & Price Prediction Canada | NYSE | Energy | Oil & Gas E&P
$6.01
+0.00 (0.00%)Did VRN Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Veren is one of their latest high-conviction picks.
VRN has shown a year-to-date change of 0.0% and a 1-year change of 0.5%, reflecting upward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for VRN. Please refer to the price chart above for recent performance and trends.
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.
These are the latest 20 analyst ratings and price targets for VRN.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Nov 1, 2024 | RBC Capital | Michael Harvey | Outperform | Maintains | $10.00 |
| Oct 18, 2024 | Raymond James | Luke Davis | Strong Buy | Initiates | $13.00 |
| Jul 12, 2024 | Scotiabank | Sector Outperform | Maintains | $15.00 |
The following stocks are similar to Veren based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Veren Inc. has a market capitalization of $3.69B with a P/E ratio of 18.2x. The company generates $2.91B in trailing twelve-month revenue with a 6.9% profit margin.
Revenue growth is +5.6% quarter-over-quarter, while maintaining an operating margin of +15.1% and return on equity of +4.2%.
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Develops innovative therapies for unmet medical needs.
Veren Inc. generates revenue through the discovery and development of biotechnology solutions, focusing on therapies for rare and complex diseases. The company partners with academic institutions and pharmaceutical firms to enhance its research capabilities and expedite the drug development process, which can lead to licensing agreements and commercialization once therapies are approved.
Veren Inc. is located in a major biotech hub, positioning itself strategically within the industry. Its strong pipeline of drug candidates and commitment to advanced research contribute to its influence in the biotechnology sector, attracting investor interest in healthcare innovations.
Energy
Oil & Gas E&P
746
Mr. Craig Bryksa
Canada
2003
Whitecap Resources Inc. will acquire Veren Inc. in a business combination approved by the Court of King's Bench of Alberta. Veren shareholders will receive 1.05 Whitecap shares per Veren share.
The acquisition of Veren by Whitecap could enhance Whitecap's market position and growth potential, impacting stock valuations and investor sentiment in the energy sector.
Wall Street analysts' average price target for Veren (VRN) suggests a potential upside of 35%, supported by a positive trend in earnings estimate revisions.
The 35% upside in price targets suggests strong potential for Veren (VRN) growth, while positive earnings revisions could further enhance investor confidence and stock performance.
Veren (VRN) is anticipated to outperform earnings expectations in its upcoming report, based on strong indicators. Investors should prepare for the release.
Veren's potential for an earnings beat may boost investor confidence, positively impacting stock performance and attracting more interest in the company.
An investor sold oil stocks to buy a large position in Whitecap Resources, citing strong Q1 results, a beneficial merger with Veren, and a sustainable 9% dividend yield.
Whitecap Resources' strong Q1 performance and promising merger synergies enhance its financial stability, ensuring a sustainable dividend yield, which could attract investors seeking reliable returns.
Three dividend stocks to consider for 2025 are SLB, IMO, and VRN.
The mention of SLB, IMO, and VRN indicates potential opportunities for steady income through dividends, which can attract income-focused investors and impact stock demand.
Wall Street analysts have set a price target for Veren (VRN) indicating a potential 27.6% upside, supported by positive earnings estimate revisions.
The 27.6% potential upside suggests significant growth potential for Veren (VRN), while positive earnings estimate revisions may boost investor confidence and drive stock prices higher.
Analyst forecasts for Veren Inc. (VRN) are not currently available. The stock is trading at $6.01.
According to current analyst ratings, VRN has 5 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $6.01. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for VRN are not currently available. The stock is trading at $6.01.
Veren Inc. generates revenue through the discovery and development of biotechnology solutions, focusing on therapies for rare and complex diseases. The company partners with academic institutions and pharmaceutical firms to enhance its research capabilities and expedite the drug development process, which can lead to licensing agreements and commercialization once therapies are approved.
Price targets from Wall Street analysts for VRN are not currently available. The stock is trading at $6.01.
Price targets from Wall Street analysts for VRN are not currently available. The stock is trading at $6.01.
The overall analyst consensus for VRN is bullish. Out of 3 Wall Street analysts, 5 rate it as Buy, 0 as Hold, and 0 as Sell.
Stock price projections, including those for Veren 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.
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.