Enerplus (ERF) Stock Forecast, Price Target & Predictions

ERF Stock Forecast

Enerplus stock forecast is as follows: an average price target of $39.00 (represents a 94.13% upside from ERF’s last price of $20.09) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

ERF Price Target

The average price target for Enerplus (ERF) is $39.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $39.00 to $39.00. This represents a potential 94.13% upside from ERF's last price of $20.09.

ERF Analyst Ratings

Buy

According to 2 Wall Street analysts, Enerplus's rating consensus is 'Buy'. The analyst rating breakdown for ERF stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Enerplus Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Jun 23, 2022	Brian Velie	Capital One Financial	$39.00	$13.85	181.59%	94.13%

The latest Enerplus stock forecast, released on Jun 23, 2022 by Brian Velie from Capital One Financial, set a price target of $39.00, which represents a 181.59% increase from the stock price at the time of the forecast ($13.85), and a 94.13% increase from ERF last price ($20.09).

Enerplus Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$20.09	$20.09	$20.09
Upside/Downside	-100.00%	-100.00%	-100.00%

In the current month, the average price target of Enerplus stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Enerplus's last price of $20.09. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Apr 11, 2024	Scotiabank	Sector Perform	Sector Perform	Hold
Apr 20, 2023	Maxim Group		Buy	Initialise
Jun 08, 2022	Scotiabank		Sector Perform	Upgrade

Enerplus's last stock rating was published by Scotiabank on Apr 11, 2024. The company gave ERF a "Sector Perform" rating, the same as its previous rate.

Enerplus Financial Forecast

Enerplus Revenue Forecast

	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18
Revenue	-	-	-	-	-	-	-	-	-	-	-	$447.49M	$848.46M	$575.05M	$489.82M	$440.05M	$210.58M	$471.64M	$381.51M	$269.26M	$239.01M	$193.97M	$152.85M	$224.65M	$265.25M	$307.45M	$265.76M	$203.35M	$445.42M	$319.14M
Avg Forecast	$498.77M	$476.15M	$454.55M	$433.94M	$414.26M	$395.48M	$377.54M	$360.42M	$369.91M	$396.20M	$445.72M	$904.51M	$340.89M	$364.60M	$342.45M	$893.68M	$214.11M	$196.40M	$164.49M	$160.80M	$173.66M	$171.65M	$143.76M	$244.55M	$321.04M	$333.95M	$304.32M	$287.77M	$133.61M	$539.54M
High Forecast	$498.77M	$476.15M	$454.55M	$433.94M	$414.26M	$395.48M	$377.54M	$360.42M	$443.89M	$475.44M	$534.86M	$1.09B	$409.07M	$437.52M	$410.94M	$1.07B	$214.11M	$196.40M	$164.49M	$160.80M	$173.66M	$171.65M	$143.76M	$244.55M	$321.04M	$333.95M	$304.32M	$287.77M	$160.34M	$647.45M
Low Forecast	$498.77M	$476.15M	$454.55M	$433.94M	$414.26M	$395.48M	$377.54M	$360.42M	$295.93M	$316.96M	$356.57M	$723.61M	$272.71M	$291.68M	$273.96M	$714.94M	$214.11M	$196.40M	$164.49M	$160.80M	$173.66M	$171.65M	$143.76M	$244.55M	$321.04M	$333.95M	$304.32M	$287.77M	$106.89M	$431.63M
# Analysts	6	6	6	6	7	7	7	7	19	16	15	15	18	13	20	15	7	7	7	7	11	10	8	8	7	5	5	5	13	19
Surprise %	-	-	-	-	-	-	-	-	-	-	-	0.49%	2.49%	1.58%	1.43%	0.49%	0.98%	2.40%	2.32%	1.67%	1.38%	1.13%	1.06%	0.92%	0.83%	0.92%	0.87%	0.71%	3.33%	0.59%

Enerplus's average Quarter revenue forecast for Jun 23 based on 15 analysts is $445.72M, with a low forecast of $356.57M, and a high forecast of $534.86M. ERF's average Quarter revenue forecast represents a -0.40% decrease compared to the company's last Quarter revenue of $447.49M (Mar 23).

Enerplus EBITDA Forecast

	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18
# Analysts	6	6	6	6	7	7	7	7	19	16	15	15	18	13	20	15	7	7	7	7	11	10	8	8	7	5	5	5	13	19
EBITDA	-	-	-	-	-	-	-	-	-	-	-	$270.03M	$665.29M	$366.35M	$310.42M	$255.37M	$337.44M	$206.36M	$29.75M	$62.54M	$-225.41M	$-137.75M	$-465.47M	$152.56M	$-228.02M	$140.59M	$165.27M	$59.96M	$289.99M	$148.72M
Avg Forecast	$254.45M	$242.91M	$231.89M	$221.38M	$211.34M	$201.75M	$192.60M	$232.87M	$188.71M	$202.12M	$84.41M	$248.24M	$173.91M	$186.00M	$64.85M	$245.27M	$109.23M	$100.19M	$56.63M	$147.01M	$-3.64B	$-5.19B	$-17.78B	$124.76M	$-599.25M	$247.62M	$189.73M	$162.03M	$68.16M	$274.60M
High Forecast	$254.45M	$242.91M	$231.89M	$221.38M	$211.34M	$201.75M	$192.60M	$279.45M	$226.45M	$242.55M	$101.29M	$297.89M	$208.69M	$223.20M	$77.82M	$294.32M	$109.23M	$100.19M	$67.96M	$176.41M	$-2.91B	$-4.15B	$-14.22B	$124.76M	$-479.40M	$297.14M	$227.68M	$194.44M	$81.80M	$329.52M
Low Forecast	$254.45M	$242.91M	$231.89M	$221.38M	$211.34M	$201.75M	$192.60M	$186.30M	$150.97M	$161.70M	$67.53M	$198.59M	$139.12M	$148.80M	$51.88M	$196.22M	$109.23M	$100.19M	$45.30M	$117.61M	$-4.36B	$-6.23B	$-21.33B	$124.76M	$-719.10M	$198.09M	$151.79M	$129.62M	$54.53M	$219.68M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	1.09%	3.83%	1.97%	4.79%	1.04%	3.09%	2.06%	0.53%	0.43%	0.06%	0.03%	0.03%	1.22%	0.38%	0.57%	0.87%	0.37%	4.25%	0.54%

15 analysts predict ERF's average Quarter EBITDA for Jun 23 to be $84.41M, with a high of $101.29M and a low of $67.53M. This is -68.74% lower than Enerplus's previous annual EBITDA (Mar 23) of $270.03M.

Enerplus Net Income Forecast

	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18
# Analysts	6	6	6	6	7	7	7	7	19	16	15	15	18	13	20	15	7	7	7	7	11	10	8	8	7	5	5	5	13	19
Net Income	-	-	-	-	-	-	-	-	-	-	-	$137.49M	$330.71M	$305.94M	$244.41M	$33.24M	$181.88M	$87.81M	$-48.12M	$11.64M	$-186.82M	$-84.23M	$-446.13M	$2.03M	$-326.81M	$49.24M	$64.81M	$14.35M	$177.92M	$67.28M
Avg Forecast	$110.10M	$112.61M	$93.23M	$92.57M	$132.48M	$126.99M	$113.69M	$64.10M	$212.99M	$212.52M	$-136.53M	$68.33M	$196.28M	$195.57M	$-104.90M	$67.51M	$147.18M	$164.33M	$-91.60M	$27.37M	$-2.87B	$-3.17B	$-17.04B	$6.10M	$-845.25M	$86.72M	$74.41M	$38.77M	$343.76M	$124.22M
High Forecast	$110.10M	$112.61M	$93.23M	$92.57M	$132.48M	$126.99M	$113.69M	$76.92M	$255.59M	$255.02M	$-109.23M	$82.00M	$235.54M	$234.68M	$-83.92M	$81.01M	$176.61M	$197.20M	$-73.28M	$32.84M	$-2.29B	$-2.54B	$-13.63B	$7.32M	$-676.20M	$104.07M	$89.29M	$46.53M	$412.51M	$149.06M
Low Forecast	$110.10M	$112.61M	$93.23M	$92.57M	$132.48M	$126.99M	$113.69M	$51.28M	$170.40M	$170.02M	$-163.84M	$54.66M	$157.03M	$156.45M	$-125.88M	$54.01M	$117.74M	$131.47M	$-109.92M	$21.90M	$-3.44B	$-3.81B	$-20.45B	$4.88M	$-1.01B	$69.38M	$59.52M	$31.02M	$275.01M	$99.37M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	2.01%	1.68%	1.56%	-2.33%	0.49%	1.24%	0.53%	0.53%	0.43%	0.07%	0.03%	0.03%	0.33%	0.39%	0.57%	0.87%	0.37%	0.52%	0.54%

Enerplus's average Quarter net income forecast for Jun 23 is $-136.53M, with a range of $-163.84M to $-109.23M. ERF's average Quarter net income forecast represents a -199.31% decrease compared to the company's last Quarter net income of $137.49M (Mar 23).

Enerplus SG&A Forecast

	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18
# Analysts	6	6	6	6	7	7	7	7	19	16	15	15	18	13	20	15	7	7	7	7	11	10	8	8	7	5	5	5	13	19
SG&A	-	-	-	-	-	-	-	-	-	-	-	$19.43M	$21.94M	$15.74M	$14.69M	$17.58M	$22.01M	$12.26M	$10.06M	$12.89M	$14.47M	$6.27M	$9.88M	$13.53M	$14.95M	$12.58M	$11.94M	$16.26M	$11.75M	$12.61M
Avg Forecast	$21.40M	$20.43M	$19.50M	$18.61M	$17.77M	$16.96M	$16.20M	$33.90M	$25.78M	$29.67M	$28.55M	$36.14M	$23.76M	$27.30M	$21.93M	$35.70M	$17.81M	$22.94M	$19.15M	$30.30M	$7.45M	$7.36M	$6.17M	$40.68M	$37.05M	$22.15M	$13.71M	$43.94M	$26.31M	$23.28M
High Forecast	$21.40M	$20.43M	$19.50M	$18.61M	$17.77M	$16.96M	$16.20M	$40.68M	$30.93M	$35.60M	$34.25M	$43.36M	$28.51M	$32.76M	$26.32M	$42.85M	$21.38M	$27.53M	$22.98M	$36.36M	$7.45M	$7.36M	$6.17M	$48.81M	$44.46M	$26.58M	$16.45M	$52.72M	$31.57M	$27.94M
Low Forecast	$21.40M	$20.43M	$19.50M	$18.61M	$17.77M	$16.96M	$16.20M	$27.12M	$20.62M	$23.73M	$22.84M	$28.91M	$19.00M	$21.84M	$17.55M	$28.56M	$14.25M	$18.35M	$15.32M	$24.24M	$7.45M	$7.36M	$6.17M	$32.54M	$29.64M	$17.72M	$10.97M	$35.15M	$21.05M	$18.62M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	0.54%	0.92%	0.58%	0.67%	0.49%	1.24%	0.53%	0.53%	0.43%	1.94%	0.85%	1.60%	0.33%	0.40%	0.57%	0.87%	0.37%	0.45%	0.54%

Enerplus's average Quarter SG&A projection for Jun 23 is $28.55M, based on 15 Wall Street analysts, with a range of $22.84M to $34.25M. The forecast indicates a 46.90% rise compared to ERF last annual SG&A of $19.43M (Mar 23).

Enerplus EPS Forecast

	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18
# Analysts	6	6	6	6	7	7	7	7	19	16	15	15	18	13	20	15	7	7	7	7	11	10	8	8	7	5	5	5	13	19
EPS	-	-	-	-	-	-	-	-	-	-	-	$0.63	$1.43	$1.32	$1.01	$0.14	$0.71	$0.34	$-0.19	$0.05	$-0.72	$-0.38	$-2.01	$0.01	$-1.48	$0.21	$0.27	$0.06	$1.02	$0.27
Avg Forecast	$0.53	$0.55	$0.45	$0.45	$0.64	$0.62	$0.55	$0.45	$0.73	$0.75	$0.59	$0.87	$1.06	$1.30	$0.95	$0.72	$0.60	$0.52	$0.21	$0.15	$0.08	$-0.04	$-0.10	$0.04	$0.29	$0.27	$0.25	$0.24	$0.46	$0.56
High Forecast	$0.53	$0.55	$0.45	$0.45	$0.64	$0.62	$0.55	$0.45	$0.73	$0.78	$0.59	$0.87	$1.06	$1.30	$0.95	$0.72	$0.60	$0.52	$0.21	$0.15	$0.08	$-0.04	$-0.10	$0.04	$0.29	$0.27	$0.25	$0.24	$0.54	$0.67
Low Forecast	$0.53	$0.55	$0.45	$0.45	$0.64	$0.62	$0.55	$0.45	$0.72	$0.75	$0.59	$0.87	$1.06	$1.30	$0.95	$0.72	$0.60	$0.52	$0.21	$0.15	$0.08	$-0.04	$-0.10	$0.04	$0.29	$0.27	$0.25	$0.24	$0.37	$0.44
Surprise %	-	-	-	-	-	-	-	-	-	-	-	0.73%	1.36%	1.02%	1.06%	0.19%	1.18%	0.67%	-0.86%	0.31%	-9.09%	8.92%	20.77%	0.17%	-5.13%	0.79%	1.10%	0.25%	2.23%	0.49%

According to 15 Wall Street analysts, Enerplus's projected average Quarter EPS for Jun 23 is $0.59, with a low estimate of $0.59 and a high estimate of $0.59. This represents a -6.41% decrease compared to ERF previous annual EPS of $0.63 (Mar 23).

Enerplus Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
CIVI	Civitas Resources	$44.99	$82.17	82.64%	Buy
CNQ	Canadian Natural Resources	$30.61	$53.45	74.62%	Buy
MUR	Murphy Oil	$29.28	$47.60	62.57%	Buy
OVV	Ovintiv	$38.98	$53.60	37.51%	Buy
MTDR	Matador Resources Company	$55.69	$74.67	34.08%	Buy
VET	Vermilion Energy	$9.01	$10.74	19.20%	Hold
GPOR	Gulfport Energy	$174.48	$176.75	1.30%	Buy

ERF Forecast FAQ

Is Enerplus a good buy?

Yes, according to 2 Wall Street analysts, Enerplus (ERF) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of ERF's total ratings.

What is ERF's price target?

Enerplus (ERF) average price target is $39 with a range of $39 to $39, implying a 94.13% from its last price of $20.09. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Enerplus stock go up soon?

According to Wall Street analysts' prediction for ERF stock, the company can go up by 94.13% (from the last price of $20.09 to the average price target of $39), up by 94.13% based on the highest stock price target, and up by 94.13% based on the lowest stock price target.

Can Enerplus stock reach $30?

ERF's average twelve months analyst stock price target of $39 supports the claim that Enerplus can reach $30 in the near future.

What are Enerplus's analysts' financial forecasts?

Enerplus's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.55B (high $1.55B, low $1.55B), average EBITDA is $838.57M (high $885.14M, low $791.99M), average net income is $437.26M (high $450.08M, low $424.44M), average SG&A $84.83M (high $91.61M, low $78.05M), and average EPS is $2.26 (high $2.26, low $2.26). ERF's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.86B (high $1.86B, low $1.86B), average EBITDA is $950.62M (high $950.62M, low $950.62M), average net income is $408.51M (high $408.51M, low $408.51M), average SG&A $79.93M (high $79.93M, low $79.93M), and average EPS is $1.98 (high $1.98, low $1.98).

Did the ERF's actual financial results beat the analysts' financial forecasts?

Based on Enerplus's last annual report (Dec 2022), the company's revenue was $2.35B, beating the average analysts forecast of $1.94B by 21.21%. Apple's EBITDA was $1.6B, beating the average prediction of $670.03M by 138.41%. The company's net income was $914.3M, beating the average estimation of $354.46M by 157.94%. Apple's SG&A was $69.95M, missing the average forecast of $108.69M by -35.64%. Lastly, the company's EPS was $3.91, missing the average prediction of $4.03 by -2.94%. In terms of the last quarterly report (Mar 2023), Enerplus's revenue was $447.49M, missing the average analysts' forecast of $904.51M by -50.53%. The company's EBITDA was $270.03M, beating the average prediction of $248.24M by 8.78%. Enerplus's net income was $137.49M, beating the average estimation of $68.33M by 101.21%. The company's SG&A was $19.43M, missing the average forecast of $36.14M by -46.23%. Lastly, the company's EPS was $0.63, missing the average prediction of $0.868 by -27.43%