Berry (BRY) Stock Forecast, Price Target & Predictions
BRY Stock Forecast
Berry stock forecast is as follows: an average price target of $7.00 (represents a 26.13% upside from BRY’s last price of $5.55) and a rating consensus of 'Hold', based on 1 wall street analysts offering a 1-year stock forecast.
BRY Price Target
The average price target for Berry (BRY) is $7.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $7.00 to $7.00. This represents a potential 26.13% upside from BRY's last price of $5.55.
BRY Analyst Ratings
According to 1 Wall Street analysts, Berry's rating consensus is 'Hold'. The analyst rating breakdown for BRY stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Berry Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 15, 2024 | Mark Lear | Piper Sandler | $7.00 | $6.31 | 10.94% | 26.13% |
The latest Berry stock forecast, released on Aug 15, 2024 by Mark Lear from Piper Sandler, set a price target of $7.00, which represents a 10.94% increase from the stock price at the time of the forecast ($6.31), and a 26.13% increase from BRY last price ($5.55).
Berry Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $7.00 | $7.00 |
| Last Closing Price | $5.55 | $5.55 | $5.55 |
| Upside/Downside | -100.00% | 26.13% | 26.13% |
In the current month, the average price target of Berry stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Berry's last price of $5.55. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 15, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Berry's last stock rating was published by Piper Sandler on Aug 15, 2024. The company gave BRY a "Neutral" rating, the same as its previous rate.
Berry Financial Forecast
Berry Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $300.33M | $118.80M | $229.36M | $216.47M | $243.56M | $262.17M | - | $255.94M | $224.46M | $174.28M | $154.90M | $147.71M | $100.98M | $101.31M |
| Avg Forecast | $269.96M | $264.58M | $259.31M | $254.14M | $164.40M | $167.10M | $167.70M | $168.20M | $187.33M | $187.33M | $184.67M | $184.00M | $192.00M | $193.67M | $187.38M | $182.65M | $190.28M | $194.82M | $178.39M | $184.05M | $199.45M | $223.70M | $229.60M | $205.58M | $155.78M | $141.68M | $112.37M | $121.37M | $132.96M | $137.25M |
| High Forecast | $287.66M | $281.93M | $276.31M | $270.81M | $175.18M | $178.06M | $178.70M | $179.23M | $199.62M | $199.62M | $196.78M | $196.07M | $204.59M | $197.13M | $199.66M | $194.63M | $197.05M | $207.60M | $190.09M | $196.12M | $212.53M | $238.37M | $229.60M | $208.87M | $158.27M | $143.95M | $114.16M | $123.30M | $135.09M | $139.44M |
| Low Forecast | $252.26M | $247.23M | $242.30M | $237.48M | $153.62M | $156.14M | $156.70M | $157.17M | $175.05M | $175.05M | $172.56M | $171.93M | $179.41M | $190.21M | $175.09M | $170.67M | $183.50M | $182.05M | $166.69M | $171.98M | $186.37M | $209.03M | $229.60M | $202.30M | $153.29M | $139.42M | $110.57M | $119.43M | $130.84M | $135.06M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 2 | 2 | 2 | 6 | 10 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.58% | 0.61% | 1.29% | 1.18% | 1.22% | 1.17% | - | 1.24% | 1.44% | 1.23% | 1.38% | 1.22% | 0.76% | 0.74% |
Berry's average Quarter revenue forecast for Mar 24 based on 1 analysts is $182.65M, with a low forecast of $170.67M, and a high forecast of $194.63M. BRY's average Quarter revenue forecast represents a -39.18% decrease compared to the company's last Quarter revenue of $300.33M (Dec 23).
Berry EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 2 | 2 | 2 | 6 | 10 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $119.47M | $-29.78M | $67.35M | $-40.04M | $34.91M | $67.19M | - | $120.09M | $57.80M | $52.79M | $31.11M | $20.63M | $-33.84M | $23.24M |
| Avg Forecast | $44.65M | $43.76M | $42.89M | $42.03M | $27.19M | $27.64M | $27.74M | $27.82M | $30.98M | $30.98M | $30.54M | $30.43M | $31.75M | $32.03M | $30.99M | $-13.71M | $31.47M | $32.22M | $29.50M | $-12.46M | $32.99M | $66.78M | $37.97M | $-11.33M | $25.76M | $52.79M | $26.67M | $55.69M | $-44.42M | $25.69M |
| High Forecast | $47.58M | $46.63M | $45.70M | $44.79M | $28.97M | $29.45M | $29.55M | $29.64M | $33.01M | $33.01M | $32.54M | $32.43M | $33.84M | $32.60M | $33.02M | $-10.97M | $32.59M | $34.34M | $31.44M | $-9.97M | $35.15M | $80.14M | $37.97M | $-9.06M | $26.18M | $63.35M | $32.00M | $66.83M | $-35.53M | $30.83M |
| Low Forecast | $41.72M | $40.89M | $40.07M | $39.28M | $25.41M | $25.82M | $25.92M | $25.99M | $28.95M | $28.95M | $28.54M | $28.44M | $29.67M | $31.46M | $28.96M | $-16.45M | $30.35M | $30.11M | $27.57M | $-14.95M | $30.82M | $53.42M | $37.97M | $-13.59M | $25.35M | $42.23M | $21.34M | $44.55M | $-53.30M | $20.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.80% | -0.92% | 2.28% | 3.21% | 1.06% | 1.01% | - | -10.60% | 2.24% | 1.00% | 1.17% | 0.37% | 0.76% | 0.90% |
1 analysts predict BRY's average Quarter EBITDA for Mar 24 to be $-13.71M, with a high of $-10.97M and a low of $-16.45M. This is -111.47% lower than Berry's previous annual EBITDA (Dec 23) of $119.47M.
Berry Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 2 | 2 | 2 | 6 | 10 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $62.55M | $-45.06M | $25.77M | $-5.86M | $71.96M | $191.66M | - | $-56.81M | $8.82M | $9.84M | $-12.88M | $-21.32M | $-63.83M | $-18.86M |
| Avg Forecast | $28.04M | $28.41M | $27.86M | $27.27M | $13.91M | $16.13M | $17.77M | $10.40M | $13.70M | $14.24M | $13.70M | $10.70M | $12.50M | $13.10M | $15.64M | $-61.27M | $18.94M | $22.16M | $-889.64K | $-55.70M | $18.00M | $12.44M | $50.02M | $-50.63M | $10.59M | $9.84M | $-11.04M | $-57.57M | $-83.78M | $-20.85M |
| High Forecast | $30.43M | $30.83M | $30.23M | $29.60M | $15.10M | $17.51M | $19.29M | $11.28M | $14.86M | $15.46M | $14.86M | $11.61M | $13.56M | $21.52M | $16.98M | $-49.01M | $24.97M | $24.05M | $-813.81K | $-44.56M | $19.54M | $14.93M | $50.02M | $-40.51M | $12.71M | $11.80M | $-8.83M | $-46.06M | $-67.02M | $-16.68M |
| Low Forecast | $25.65M | $25.98M | $25.48M | $24.95M | $12.73M | $14.76M | $16.26M | $9.51M | $12.53M | $13.03M | $12.53M | $9.79M | $11.43M | $8.42M | $14.31M | $-73.52M | $12.92M | $20.27M | $-965.48K | $-66.84M | $16.47M | $9.95M | $50.02M | $-60.76M | $8.47M | $7.87M | $-13.25M | $-69.08M | $-100.53M | $-25.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.30% | -2.03% | -28.97% | 0.11% | 4.00% | 15.40% | - | 1.12% | 0.83% | 1.00% | 1.17% | 0.37% | 0.76% | 0.90% |
Berry's average Quarter net income forecast for Mar 24 is $-61.27M, with a range of $-73.52M to $-49.01M. BRY's average Quarter net income forecast represents a -197.95% decrease compared to the company's last Quarter net income of $62.55M (Dec 23).
Berry SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 2 | 2 | 2 | 6 | 10 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $20.73M | $20.99M | $22.49M | $31.67M | $27.95M | $23.39M | - | $24.40M | $24.94M | $20.14M | $17.87M | $20.87M | $22.31M | $21.27M |
| Avg Forecast | $35.10M | $34.40M | $33.72M | $33.04M | $21.38M | $21.73M | $21.80M | $21.87M | $24.36M | $24.36M | $24.01M | $23.92M | $24.96M | $25.18M | $24.36M | $26.31M | $24.74M | $25.33M | $23.19M | $23.92M | $25.93M | $25.47M | $29.85M | $21.75M | $29.93M | $20.14M | $15.31M | $56.36M | $29.28M | $23.51M |
| High Forecast | $37.40M | $36.66M | $35.93M | $35.21M | $22.78M | $23.15M | $23.23M | $23.30M | $25.95M | $25.95M | $25.58M | $25.49M | $26.60M | $25.63M | $25.96M | $31.58M | $25.62M | $26.99M | $24.71M | $28.71M | $27.63M | $30.56M | $29.85M | $26.10M | $35.91M | $24.16M | $18.38M | $67.63M | $35.14M | $28.21M |
| Low Forecast | $32.80M | $32.14M | $31.50M | $30.88M | $19.97M | $20.30M | $20.37M | $20.44M | $22.76M | $22.76M | $22.44M | $22.35M | $23.33M | $24.73M | $22.76M | $21.05M | $23.86M | $23.67M | $21.67M | $19.14M | $24.23M | $20.38M | $29.85M | $17.40M | $23.94M | $16.11M | $12.25M | $45.09M | $23.43M | $18.80M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 0.83% | 0.97% | 1.32% | 1.08% | 0.92% | - | 1.12% | 0.83% | 1.00% | 1.17% | 0.37% | 0.76% | 0.90% |
Berry's average Quarter SG&A projection for Mar 24 is $26.31M, based on 1 Wall Street analysts, with a range of $21.05M to $31.58M. The forecast indicates a 26.94% rise compared to BRY last annual SG&A of $20.73M (Dec 23).
Berry EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 2 | 2 | 2 | 6 | 10 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.81 | $-0.60 | $0.34 | $-0.08 | $0.94 | $2.46 | - | $-0.71 | $0.11 | $0.12 | $-0.16 | $-0.27 | $-0.80 | $-0.24 |
| Avg Forecast | $0.36 | $0.37 | $0.36 | $0.35 | $0.18 | $0.21 | $0.23 | $0.14 | $0.18 | $0.19 | $0.18 | $0.14 | $0.16 | $0.17 | $0.20 | $0.18 | $0.25 | $0.29 | $-0.01 | $0.13 | $0.23 | $0.48 | $0.66 | $0.47 | $0.14 | $0.13 | $-0.08 | $-0.07 | $0.17 | $0.19 |
| High Forecast | $0.40 | $0.40 | $0.39 | $0.38 | $0.20 | $0.23 | $0.25 | $0.15 | $0.19 | $0.20 | $0.19 | $0.15 | $0.18 | $0.28 | $0.22 | $0.20 | $0.32 | $0.31 | $-0.01 | $0.14 | $0.25 | $0.52 | $0.66 | $0.48 | $0.14 | $0.14 | $-0.08 | $-0.06 | $0.17 | $0.19 |
| Low Forecast | $0.33 | $0.34 | $0.33 | $0.32 | $0.17 | $0.19 | $0.21 | $0.12 | $0.16 | $0.17 | $0.16 | $0.13 | $0.15 | $0.11 | $0.19 | $0.17 | $0.17 | $0.26 | $-0.01 | $0.12 | $0.21 | $0.44 | $0.66 | $0.46 | $0.13 | $0.13 | $-0.08 | $-0.07 | $0.16 | $0.18 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.29% | -2.08% | -29.40% | -0.61% | 4.02% | 5.11% | - | -1.50% | 0.80% | 0.90% | 2.03% | 4.11% | -4.85% | -1.28% |
According to 1 Wall Street analysts, Berry's projected average Quarter EPS for Mar 24 is $0.18, with a low estimate of $0.17 and a high estimate of $0.20. This represents a -77.39% decrease compared to BRY previous annual EPS of $0.81 (Dec 23).
Berry Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AR | Antero Resources | $26.45 | $38.86 | 46.92% | Buy |
| SWN | Southwestern Energy Company | $6.29 | $8.85 | 40.70% | Hold |
| SM | SM Energy Company | $40.50 | $51.64 | 27.51% | Buy |
| BRY | Berry | $5.55 | $7.00 | 26.13% | Hold |
| CRC | California Resources | $52.60 | $64.00 | 21.67% | Buy |
| GPOR | Gulfport Energy | $147.00 | $171.50 | 16.67% | Buy |
| RRC | Range Resources | $29.53 | $31.00 | 4.98% | Buy |
| MGY | Magnolia Oil & Gas | $24.83 | $25.50 | 2.70% | Buy |
| CRK | Comstock Resources | $9.92 | $8.33 | -16.03% | Hold |
BRY Forecast FAQ
Is Berry a good buy?
No, according to 1 Wall Street analysts, Berry (BRY) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of BRY's total ratings.
What is BRY's price target?
Berry (BRY) average price target is $7 with a range of $7 to $7, implying a 26.13% from its last price of $5.55. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Berry stock go up soon?
According to Wall Street analysts' prediction for BRY stock, the company can go up by 26.13% (from the last price of $5.55 to the average price target of $7), up by 26.13% based on the highest stock price target, and up by 26.13% based on the lowest stock price target.
Can Berry stock reach $8?
BRY's average twelve months analyst stock price target of $7 does not support the claim that Berry can reach $8 in the near future.
What are Berry's analysts' financial forecasts?
Berry's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $667.4M (high $711.16M, low $623.64M), average EBITDA is $110.38M (high $117.62M, low $103.14M), average net income is $58.22M (high $63.18M, low $53.25M), average SG&A $86.77M (high $92.46M, low $81.08M), and average EPS is $0.757 (high $0.821, low $0.692). BRY's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $1.05B (high $1.12B, low $979.27M), average EBITDA is $173.33M (high $184.69M, low $161.96M), average net income is $111.58M (high $121.09M, low $102.07M), average SG&A $136.26M (high $145.19M, low $127.32M), and average EPS is $1.45 (high $1.57, low $1.33).
Did the BRY's actual financial results beat the analysts' financial forecasts?
Based on Berry's last annual report (Dec 2023), the company's revenue was $903.46M, beating the average analysts forecast of $747.54M by 20.86%. Apple's EBITDA was $180.56M, beating the average prediction of $80.74M by 123.64%. The company's net income was $37.4M, missing the average estimation of $-15.486M by -341.51%. Apple's SG&A was $95.87M, missing the average forecast of $97.19M by -1.35%. Lastly, the company's EPS was $0.48, missing the average prediction of $0.649 by -26.08%. In terms of the last quarterly report (Dec 2023), Berry's revenue was $300.33M, beating the average analysts' forecast of $190.28M by 57.84%. The company's EBITDA was $119.47M, beating the average prediction of $31.47M by 279.65%. Berry's net income was $62.55M, beating the average estimation of $18.94M by 230.19%. The company's SG&A was $20.73M, missing the average forecast of $24.74M by -16.21%. Lastly, the company's EPS was $0.81, beating the average prediction of $0.246 by 228.97%