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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 16.9% and a 1-year change of 13.8%, 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. following a court approval of their business combination. Veren shareholders will receive 1.05 Whitecap shares for each Veren share held.
The court's approval of Whitecap's acquisition of Veren indicates a significant consolidation in the energy sector, potentially impacting stock valuations and market dynamics for both companies.
Wall Street analysts project a 35% upside for Veren (VRN), supported by positive earnings estimate revisions, despite some skepticism about the reliability of price targets.
Wall Street analysts see a 35% upside for Veren (VRN), suggesting potential for significant gains. Positive earnings revisions further enhance bullish sentiment around the stock.
Veren (VRN) is expected to report strong earnings, possessing key factors that suggest a likely earnings beat in its upcoming report.
Veren's potential earnings beat may signal strong financial performance, positively influencing stock price and investor sentiment, indicating growth prospects and confidence in management.
An investor has shifted from oil stocks to Whitecap Resources, citing a strong merger with Veren, solid Q1 results, and a sustainable 9% dividend yield due to reduced breakeven costs.
The focus on Whitecap's strong Q1 results, merger synergies, and sustainable dividend yield signals confidence in resilience and profitability, potentially attracting more investor interest in the stock.
Investors may consider SLB, IMO, and VRN as potential dividend stocks to watch for 2025.
The mention of SLB, IMO, and VRN highlights potential opportunities for income through dividends, indicating stability and growth prospects that could attract investors in 2025.
Wall Street analysts project a 27.6% upside for Veren (VRN), supported by positive earnings estimate revisions.
A 27.6% potential upside in Veren (VRN) price targets suggests significant growth, and positive earnings estimate revisions may further enhance investor confidence and stock performance.
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.