Kimbell Royalty Partners, LP (KRP) Stock Forecast, Price Target & Predictions
KRP Stock Forecast
Kimbell Royalty Partners, LP stock forecast is as follows: an average price target of $23.00 (represents a 51.52% upside from KRP’s last price of $15.18) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
KRP Price Target
The average price target for Kimbell Royalty Partners, LP (KRP) is $23.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $26.00 to $21.00. This represents a potential 51.52% upside from KRP's last price of $15.18.
KRP Analyst Ratings
According to 4 Wall Street analysts, Kimbell Royalty Partners, LP's rating consensus is 'Buy'. The analyst rating breakdown for KRP stock is 1 'Strong Buy' (25.00%), 3 'Buy' (75.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Kimbell Royalty Partners, LP Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 22, 2024 | Neal Dingmann | Truist Financial | $22.00 | $16.78 | 31.11% | 44.93% |
| Apr 05, 2024 | Neal Dingmann | Truist Financial | $21.00 | $16.09 | 30.52% | 38.34% |
| Jul 26, 2022 | - | Raymond James | $26.00 | $16.93 | 53.57% | 71.28% |
| May 02, 2022 | - | Wells Fargo | $21.00 | $16.83 | 24.78% | 38.34% |
| Apr 25, 2022 | - | Raymond James | $25.00 | $16.92 | 47.75% | 64.69% |
The latest Kimbell Royalty Partners, LP stock forecast, released on Jul 22, 2024 by Neal Dingmann from Truist Financial, set a price target of $22.00, which represents a 31.11% increase from the stock price at the time of the forecast ($16.78), and a 44.93% increase from KRP last price ($15.18).
Kimbell Royalty Partners, LP Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $22.00 | $21.50 |
| Last Closing Price | $15.18 | $15.18 | $15.18 |
| Upside/Downside | -100.00% | 44.93% | 41.63% |
In the current month, the average price target of Kimbell Royalty Partners, LP stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Kimbell Royalty Partners, LP's last price of $15.18. 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 |
|---|---|---|---|---|
| Mar 25, 2024 | B. Riley Securities | Buy | Buy | Hold |
| Apr 17, 2023 | Raymond James | Strong Buy | Strong Buy | Hold |
| Mar 07, 2023 | KeyBanc | - | Overweight | Upgrade |
| Jul 26, 2022 | Raymond James | Strong Buy | Strong Buy | Hold |
| May 02, 2022 | Wells Fargo | Overweight | Overweight | Hold |
Kimbell Royalty Partners, LP's last stock rating was published by B. Riley Securities on Mar 25, 2024. The company gave KRP a "Buy" rating, the same as its previous rate.
Kimbell Royalty Partners, LP Financial Forecast
Kimbell Royalty Partners, LP Revenue Forecast
| 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $67.20M | $60.75M | $57.85M | $65.45M | $74.04M | - | $65.74M | $52.55M | $49.36M | $39.94M | $36.55M | $25.93M | $24.34M | $16.84M | $35.95M | $25.36M | $32.98M |
| Avg Forecast | $97.00M | $94.00M | $91.00M | $95.00M | $89.74M | $89.98M | $83.97M | $84.96M | $85.30M | $82.14M | $81.19M | $79.42M | $83.89M | $70.79M | $53.71M | $52.11M | $54.70M | $54.18M | $55.96M | $47.24M | $45.04M | $39.44M | $34.14M | $31.82M | $27.02M | $25.73M | $18.75M | $26.70M | $29.01M | $27.58M |
| High Forecast | $98.24M | $95.20M | $92.16M | $96.21M | $90.88M | $91.13M | $85.04M | $86.04M | $86.39M | $83.16M | $82.23M | $80.43M | $86.87M | $82.26M | $54.39M | $52.77M | $55.39M | $54.87M | $55.96M | $48.98M | $46.70M | $40.90M | $35.39M | $32.99M | $28.02M | $26.68M | $19.44M | $27.69M | $30.07M | $28.60M |
| Low Forecast | $96.27M | $93.30M | $90.32M | $94.29M | $89.06M | $89.31M | $83.34M | $84.32M | $84.66M | $81.12M | $80.58M | $78.82M | $82.02M | $65.24M | $53.30M | $51.72M | $54.29M | $53.77M | $55.96M | $45.51M | $43.39M | $38.00M | $32.88M | $30.65M | $26.03M | $24.78M | $18.06M | $25.72M | $27.94M | $26.57M |
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 1.13% | 1.11% | 1.20% | 1.37% | - | 1.39% | 1.17% | 1.25% | 1.17% | 1.15% | 0.96% | 0.95% | 0.90% | 1.35% | 0.87% | 1.20% |
Kimbell Royalty Partners, LP's average Quarter revenue forecast for Dec 23 based on 4 analysts is $83.89M, with a low forecast of $82.02M, and a high forecast of $86.87M. KRP's average Quarter revenue forecast represents a 24.83% increase compared to the company's last Quarter revenue of $67.20M (Sep 23).
Kimbell Royalty Partners, LP EBITDA Forecast
| 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $25.29M | $24.64M | $26.70M | $36.87M | $59.81M | - | $43.54M | $37.61M | $18.10M | $13.60M | $10.97M | $-47.02M | $-4.51M | $-32.67M | $1.40B | $-31.57M | $3.97M |
| Avg Forecast | $41.79M | $40.50M | $39.20M | $40.93M | $38.66M | $38.76M | $36.18M | $36.60M | $36.75M | $35.39M | $34.98M | $6.76M | $36.14M | $30.50M | $23.14M | $6.15M | $23.56M | $34.35M | $24.11M | $6.58M | $15.32M | $27.16M | $19.04M | $22.57M | $11.64M | $-59.56M | $-349.86M | $11.50M | $-552.94M | $11.88M |
| High Forecast | $42.32M | $41.01M | $39.70M | $41.45M | $39.15M | $39.26M | $36.64M | $37.07M | $37.22M | $35.83M | $35.42M | $8.12M | $37.43M | $35.44M | $23.43M | $7.38M | $23.86M | $41.22M | $24.11M | $7.89M | $18.39M | $32.59M | $22.85M | $27.09M | $12.07M | $-47.65M | $-279.89M | $11.93M | $-442.35M | $12.32M |
| Low Forecast | $41.47M | $40.19M | $38.91M | $40.62M | $38.37M | $38.47M | $35.91M | $36.33M | $36.47M | $34.95M | $34.72M | $5.41M | $35.34M | $28.11M | $22.96M | $4.92M | $23.39M | $27.48M | $24.11M | $5.26M | $12.26M | $21.73M | $15.23M | $18.06M | $11.21M | $-71.47M | $-419.84M | $11.08M | $-663.52M | $11.45M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | 1.06% | 4.34% | 1.56% | 1.74% | - | 6.62% | 2.45% | 0.67% | 0.71% | 0.49% | -4.04% | 0.08% | 0.09% | 121.56% | 0.06% | 0.33% |
4 analysts predict KRP's average Quarter EBITDA for Dec 23 to be $36.14M, with a high of $37.43M and a low of $35.34M. This is 42.91% upper than Kimbell Royalty Partners, LP's previous annual EBITDA (Sep 23) of $25.29M.
Kimbell Royalty Partners, LP Net Income Forecast
| 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $13.58M | $13.47M | $23.32M | $28.39M | $38.35M | - | $7.33M | $30.72M | $6.71M | $3.09M | $894.37K | $-60.63M | $-16.19M | $-46.43M | $-36.20M | $-47.83M | $-12.77M |
| Avg Forecast | $33.81M | $31.48M | $29.15M | $33.81M | $35.76M | $36.53M | $29.04M | $31.30M | $29.82M | $27.55M | $24.93M | $-12.12M | $31.47M | $33.36M | $18.35M | $-11.02M | $35.29M | $12.72M | $30.30M | $-11.78M | $9.47M | $10.06M | $4.33M | $1.84M | $10.30K | $-213.77M | $-497.24M | $-4.27B | $-837.81M | $-442.41M |
| High Forecast | $34.37M | $32.00M | $29.63M | $34.37M | $36.35M | $37.14M | $29.52M | $31.82M | $30.31M | $37.76M | $25.34M | $-9.69M | $34.42M | $52.72M | $18.65M | $-8.81M | $35.87M | $15.27M | $30.30M | $-9.43M | $11.37M | $12.07M | $5.19M | $2.21M | $10.79K | $-171.01M | $-397.79M | $-3.41B | $-670.25M | $-353.93M |
| Low Forecast | $33.48M | $31.17M | $28.87M | $33.48M | $35.41M | $36.18M | $28.75M | $31.00M | $29.53M | $20.41M | $24.69M | $-14.54M | $28.52M | $22.60M | $18.17M | $-13.22M | $34.95M | $10.18M | $30.30M | $-14.14M | $7.58M | $8.05M | $3.46M | $1.47M | $9.81K | $-256.52M | $-596.69M | $-5.12B | $-1.01B | $-530.90M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.41% | 0.73% | -2.12% | 0.80% | 3.01% | - | -0.62% | 3.24% | 0.67% | 0.71% | 0.49% | -5886.67% | 0.08% | 0.09% | 0.01% | 0.06% | 0.03% |
Kimbell Royalty Partners, LP's average Quarter net income forecast for Dec 23 is $31.47M, with a range of $28.52M to $34.42M. KRP's average Quarter net income forecast represents a 131.74% increase compared to the company's last Quarter net income of $13.58M (Sep 23).
Kimbell Royalty Partners, LP SG&A Forecast
| 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $13.87M | $10.83M | $11.75M | $10.38M | $11.08M | - | $10.84M | $9.94M | $9.76M | $9.24M | $10.09M | $9.09M | $8.62M | $8.91M | $2.14B | $7.63M | $8.03M |
| Avg Forecast | $23.59M | $22.86M | $22.13M | $23.10M | $21.82M | $21.88M | $20.42M | $20.66M | $20.74M | $19.97M | $19.74M | $14.63M | $20.40M | $17.21M | $13.06M | $13.30M | $13.30M | $18.53M | $13.61M | $14.22M | $4.05M | $14.64M | $12.93M | $20.76M | $6.57M | $6.26M | $4.56M | $6.49M | $7.05M | $6.71M |
| High Forecast | $23.89M | $23.15M | $22.41M | $23.39M | $22.10M | $22.16M | $20.68M | $20.92M | $21.01M | $20.22M | $19.99M | $17.55M | $21.12M | $20.00M | $13.23M | $15.96M | $13.47M | $22.23M | $13.61M | $17.07M | $4.86M | $17.57M | $15.52M | $24.91M | $6.81M | $6.49M | $4.73M | $6.73M | $7.31M | $6.95M |
| Low Forecast | $23.41M | $22.69M | $21.96M | $22.93M | $21.66M | $21.72M | $20.27M | $20.50M | $20.59M | $19.72M | $19.59M | $11.70M | $19.94M | $15.86M | $12.96M | $10.64M | $13.20M | $14.82M | $13.61M | $11.38M | $3.24M | $11.72M | $10.34M | $16.61M | $6.33M | $6.03M | $4.39M | $6.26M | $6.79M | $6.46M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.83% | 0.88% | 0.78% | 0.60% | - | 0.76% | 2.45% | 0.67% | 0.71% | 0.49% | 1.38% | 1.38% | 1.95% | 329.26% | 1.08% | 1.20% |
Kimbell Royalty Partners, LP's average Quarter SG&A projection for Dec 23 is $20.40M, based on 4 Wall Street analysts, with a range of $19.94M to $21.12M. The forecast indicates a 47.11% rise compared to KRP last annual SG&A of $13.87M (Sep 23).
Kimbell Royalty Partners, LP EPS Forecast
| 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.20 | - | $0.37 | $0.48 | $0.69 | - | $-0.20 | $0.71 | $0.04 | $0.04 | $0.02 | $-1.66 | $-0.50 | $-1.39 | $-1.29 | $-2.27 | $-0.73 |
| Avg Forecast | $0.29 | $0.27 | $0.25 | $0.29 | $0.31 | $0.31 | $0.25 | $0.27 | $0.26 | $0.24 | $0.21 | $0.20 | $0.27 | $0.29 | $0.16 | $0.20 | $0.30 | $0.34 | $0.42 | $0.25 | $0.26 | $0.19 | $0.13 | $0.07 | $0.01 | $-0.04 | $-0.12 | $0.04 | $0.03 | $0.01 |
| High Forecast | $0.29 | $0.27 | $0.25 | $0.29 | $0.31 | $0.32 | $0.25 | $0.27 | $0.26 | $0.32 | $0.22 | $0.20 | $0.30 | $0.45 | $0.16 | $0.20 | $0.31 | $0.35 | $0.42 | $0.26 | $0.27 | $0.20 | $0.14 | $0.08 | $0.01 | $-0.04 | $-0.11 | $0.04 | $0.03 | $0.02 |
| Low Forecast | $0.29 | $0.27 | $0.25 | $0.29 | $0.30 | $0.31 | $0.25 | $0.27 | $0.25 | $0.18 | $0.21 | $0.19 | $0.24 | $0.19 | $0.16 | $0.19 | $0.30 | $0.34 | $0.42 | $0.24 | $0.25 | $0.18 | $0.12 | $0.07 | $0.01 | $-0.04 | $-0.12 | $0.03 | $0.03 | $0.01 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.70% | 0.00% | 1.89% | 1.59% | 2.03% | - | -0.80% | 2.71% | 0.21% | 0.31% | 0.32% | -186.02% | 13.25% | 11.98% | -35.37% | -73.24% | -48.80% |
According to 4 Wall Street analysts, Kimbell Royalty Partners, LP's projected average Quarter EPS for Dec 23 is $0.27, with a low estimate of $0.24 and a high estimate of $0.30. This represents a 34.96% increase compared to KRP previous annual EPS of $0.20 (Sep 23).
Kimbell Royalty Partners, LP Peer Comparison by Price Target
KRP Forecast FAQ
Is Kimbell Royalty Partners, LP a good buy?
Yes, according to 4 Wall Street analysts, Kimbell Royalty Partners, LP (KRP) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 3 'Buy' recommendations, accounting for 100.00% of KRP's total ratings.
What is KRP's price target?
Kimbell Royalty Partners, LP (KRP) average price target is $23 with a range of $21 to $26, implying a 51.52% from its last price of $15.18. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Kimbell Royalty Partners, LP stock go up soon?
According to Wall Street analysts' prediction for KRP stock, the company can go up by 51.52% (from the last price of $15.18 to the average price target of $23), up by 71.28% based on the highest stock price target, and up by 38.34% based on the lowest stock price target.
Can Kimbell Royalty Partners, LP stock reach $20?
KRP's average twelve months analyst stock price target of $23 supports the claim that Kimbell Royalty Partners, LP can reach $20 in the near future.
What are Kimbell Royalty Partners, LP's analysts' financial forecasts?
Kimbell Royalty Partners, LP's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $348.65M (high $353.09M, low $346.04M), average EBITDA is $150.2M (high $152.11M, low $149.07M), average net income is $132.63M (high $134.82M, low $131.34M), average SG&A $84.78M (high $85.86M, low $84.14M), and average EPS is $1.14 (high $1.16, low $1.13). KRP's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $377M (high $381.8M, low $374.18M), average EBITDA is $162.41M (high $164.48M, low $161.2M), average net income is $128.25M (high $130.38M, low $127.01M), average SG&A $91.67M (high $92.84M, low $90.99M), and average EPS is $1.1 (high $1.12, low $1.09).
Did the KRP's actual financial results beat the analysts' financial forecasts?
Based on Kimbell Royalty Partners, LP's last annual report (Dec 2022), the company's revenue was $285.04M, beating the average analysts forecast of $212.07M by 34.41%. Apple's EBITDA was $184.33M, beating the average prediction of $88.6M by 108.05%. The company's net income was $111.93M, beating the average estimation of $66.54M by 68.22%. Apple's SG&A was $44.82M, missing the average forecast of $59.66M by -24.88%. Lastly, the company's EPS was $1.75, beating the average prediction of $1.31 by 33.26%. In terms of the last quarterly report (Sep 2023), Kimbell Royalty Partners, LP's revenue was $67.2M, missing the average analysts' forecast of $70.79M by -5.07%. The company's EBITDA was $25.29M, missing the average prediction of $30.5M by -17.07%. Kimbell Royalty Partners, LP's net income was $13.58M, missing the average estimation of $33.36M by -59.29%. The company's SG&A was $13.87M, missing the average forecast of $17.21M by -19.44%. Lastly, the company's EPS was $0.2, missing the average prediction of $0.286 by -30.09%