Liberty Energy (LBRT) Stock Forecast, Price Target & Predictions
LBRT Stock Forecast
Liberty Energy stock forecast is as follows: an average price target of $23.11 (represents a 19.37% upside from LBRT’s last price of $19.36) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
LBRT Price Target
The average price target for Liberty Energy (LBRT) is $23.11 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $27.00 to $16.00. This represents a potential 19.37% upside from LBRT's last price of $19.36.
LBRT Analyst Ratings
According to 8 Wall Street analysts, Liberty Energy's rating consensus is 'Buy'. The analyst rating breakdown for LBRT stock is 0 'Strong Buy' (0.00%), 5 'Buy' (62.50%), 3 'Hold' (37.50%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Liberty Energy Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 19, 2024 | Stephen Gengaro | Stifel Nicolaus | $27.00 | $21.54 | 25.35% | 39.46% |
| Apr 19, 2024 | Keith Mackey | RBC Capital | $27.00 | $22.10 | 22.17% | 39.46% |
| Apr 19, 2024 | Waqar Syed | Loop Capital Markets | $26.00 | $22.10 | 17.65% | 34.30% |
| Apr 19, 2024 | Christopher Voie | Wells Fargo | $26.00 | $22.10 | 17.65% | 34.30% |
| Sep 26, 2022 | - | Morgan Stanley | $21.00 | $11.83 | 77.51% | 8.47% |
| Aug 23, 2022 | - | Goldman Sachs | $16.00 | $14.74 | 8.55% | -17.36% |
| Jul 13, 2022 | - | Morgan Stanley | $20.00 | $11.82 | 69.20% | 3.31% |
| Jul 13, 2022 | - | Goldman Sachs | $14.00 | $11.73 | 19.35% | -27.69% |
| Jul 06, 2022 | - | Citigroup | $24.00 | $11.32 | 112.01% | 23.97% |
| Jun 01, 2022 | - | Piper Sandler | $22.00 | $16.91 | 30.06% | 13.64% |
The latest Liberty Energy stock forecast, released on Jul 19, 2024 by Stephen Gengaro from Stifel Nicolaus, set a price target of $27.00, which represents a 25.35% increase from the stock price at the time of the forecast ($21.54), and a 39.46% increase from LBRT last price ($19.36).
Liberty Energy Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 4 |
| Avg Price Target | - | $27.00 | $26.50 |
| Last Closing Price | $19.36 | $19.36 | $19.36 |
| Upside/Downside | -100.00% | 39.46% | 36.88% |
In the current month, the average price target of Liberty Energy stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Liberty Energy's last price of $19.36. 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 |
|---|---|---|---|---|
| Jul 19, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Jul 15, 2024 | Wells Fargo | Buy | Buy | Hold |
| Jul 15, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Jun 14, 2024 | Citigroup | Buy | Buy | Hold |
| May 29, 2024 | Wells Fargo | Buy | Buy | Hold |
| Apr 19, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Apr 19, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Apr 19, 2024 | ATB Capital | Outperform | Outperform | Hold |
| Apr 19, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Apr 19, 2024 | Barclays | Overweight | Overweight | Hold |
Liberty Energy's last stock rating was published by Cowen & Co. on Jul 19, 2024. The company gave LBRT a "Hold" rating, the same as its previous rate.
Liberty Energy Financial Forecast
Liberty Energy Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.07B | $1.22B | $1.19B | $1.26B | $1.23B | $1.19B | - | $792.77M | $683.74M | $653.73M |
| Avg Forecast | $4.15B | $3.86B | $3.60B | $3.35B | $3.12B | $2.91B | $2.71B | $2.53B | $1.27B | $1.32B | $1.25B | $1.18B | $1.19B | $1.25B | $1.19B | $1.15B | $1.09B | $1.16B | $1.16B | $1.08B | $1.08B | $1.12B | $1.26B | $1.25B | $1.20B | $1.06B | $875.16M | $738.78M | $673.74M | $616.82M |
| High Forecast | $4.35B | $4.05B | $3.77B | $3.51B | $3.27B | $3.05B | $2.84B | $2.65B | $1.34B | $1.38B | $1.31B | $1.24B | $1.25B | $1.31B | $1.25B | $1.20B | $1.15B | $1.21B | $1.21B | $1.13B | $1.12B | $1.18B | $1.32B | $1.31B | $1.26B | $1.11B | $875.16M | $786.82M | $717.55M | $656.93M |
| Low Forecast | $3.99B | $3.72B | $3.47B | $3.23B | $3.01B | $2.80B | $2.61B | $2.43B | $1.23B | $1.27B | $1.20B | $1.14B | $1.15B | $1.20B | $1.15B | $1.10B | $1.05B | $1.13B | $1.12B | $1.04B | $1.03B | $1.08B | $1.21B | $1.20B | $1.16B | $1.02B | $875.16M | $715.95M | $652.91M | $597.76M |
| # Analysts | 7 | 4 | 3 | 7 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.08% | 0.95% | 1.01% | 1.02% | 1.12% | - | 1.07% | 1.01% | 1.06% |
Liberty Energy's average Quarter revenue forecast for Mar 24 based on 4 analysts is $1.08B, with a low forecast of $1.04B, and a high forecast of $1.13B. LBRT's average Quarter revenue forecast represents a 0.25% increase compared to the company's last Quarter revenue of $1.07B (Dec 23).
Liberty Energy EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 4 | 3 | 7 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $902.82M | $1.06B | $203.80M | $226.22M | $154.49M | $151.57M | - | $5.68M | $19.93M | $31.72M |
| Avg Forecast | $151.27M | $140.93M | $131.30M | $122.33M | $113.98M | $106.19M | $98.93M | $92.17M | $46.48M | $48.09M | $45.53M | $43.05M | $43.55M | $45.55M | $43.56M | $41.85M | $39.92M | $42.41M | $42.26M | $127.99M | $39.53M | $40.91M | $45.98M | $136.89M | $43.82M | $34.90M | $31.93M | $146.41M | $17.05M | $31.72M |
| High Forecast | $158.54M | $147.70M | $137.61M | $128.21M | $119.45M | $111.29M | $103.69M | $96.60M | $48.71M | $50.40M | $47.72M | $45.12M | $45.64M | $47.74M | $45.65M | $43.86M | $41.84M | $44.22M | $44.29M | $153.59M | $41.00M | $42.87M | $48.18M | $164.27M | $45.92M | $41.87M | $31.93M | $175.69M | $20.46M | $38.07M |
| Low Forecast | $145.69M | $135.74M | $126.46M | $117.82M | $109.77M | $102.27M | $95.29M | $88.78M | $44.77M | $46.31M | $43.85M | $41.46M | $41.95M | $43.87M | $41.95M | $40.31M | $38.45M | $41.32M | $40.70M | $102.39M | $37.70M | $39.40M | $44.28M | $109.51M | $42.20M | $27.92M | $31.93M | $117.13M | $13.64M | $25.38M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 22.84% | 25.80% | 4.43% | 1.65% | 3.53% | 4.34% | - | 0.04% | 1.17% | 1.00% |
4 analysts predict LBRT's average Quarter EBITDA for Mar 24 to be $127.99M, with a high of $153.59M and a low of $102.39M. This is -85.82% lower than Liberty Energy's previous annual EBITDA (Dec 23) of $902.82M.
Liberty Energy Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 4 | 3 | 7 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $92.38M | $148.61M | $152.67M | $162.66M | $152.87M | $146.95M | - | $-5.48M | $-56.54M | $-38.89M |
| Avg Forecast | $108.89M | $109.33M | $101.63M | $96.91M | $102.45M | $102.99M | $95.96M | $86.97M | $113.09M | $128.96M | $115.92M | $94.06M | $115.39M | $127.51M | $113.42M | $96.37M | $82.89M | $105.63M | $101.25M | $-9.25M | $96.98M | $127.22M | $153.38M | $-9.90M | $127.69M | $-42.78M | $29.27M | $-10.58M | $-47.54M | $-38.89M |
| High Forecast | $115.69M | $116.16M | $107.98M | $102.97M | $108.84M | $109.42M | $101.96M | $92.40M | $120.15M | $137.01M | $123.16M | $99.94M | $122.59M | $135.47M | $120.51M | $102.39M | $88.06M | $117.56M | $107.58M | $-7.40M | $112.29M | $135.16M | $162.96M | $-7.92M | $135.67M | $-34.22M | $29.27M | $-8.47M | $-38.03M | $-31.11M |
| Low Forecast | $103.67M | $104.10M | $96.76M | $92.27M | $97.54M | $98.05M | $91.37M | $82.80M | $107.67M | $122.78M | $110.36M | $89.56M | $109.86M | $121.39M | $107.99M | $91.75M | $78.92M | $93.70M | $96.40M | $-11.10M | $83.37M | $121.12M | $146.03M | $-11.88M | $121.57M | $-51.33M | $29.27M | $-12.70M | $-57.05M | $-46.67M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 1.17% | 1.00% | -16.44% | 1.20% | -3.44% | - | 0.52% | 1.19% | 1.00% |
Liberty Energy's average Quarter net income forecast for Mar 24 is $-9.25M, with a range of $-11.10M to $-7.40M. LBRT's average Quarter net income forecast represents a -110.02% decrease compared to the company's last Quarter net income of $92.38M (Dec 23).
Liberty Energy SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 4 | 3 | 7 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $55.30M | $55.04M | $58.03M | $53.04M | $49.09M | $50.47M | - | $38.32M | $35.36M | $32.28M |
| Avg Forecast | $228.93M | $213.29M | $198.72M | $185.14M | $172.49M | $160.71M | $149.73M | $139.50M | $70.34M | $72.77M | $68.91M | $65.15M | $65.91M | $68.93M | $65.92M | $63.34M | $60.42M | $64.18M | $63.96M | $65.95M | $59.83M | $61.91M | $69.58M | $70.54M | $66.31M | $35.51M | $48.32M | $75.44M | $30.24M | $32.28M |
| High Forecast | $239.93M | $223.54M | $208.26M | $194.03M | $180.78M | $168.43M | $156.92M | $146.20M | $73.72M | $76.27M | $72.22M | $68.28M | $69.08M | $72.25M | $69.09M | $66.38M | $63.32M | $66.92M | $67.03M | $79.14M | $62.04M | $64.88M | $72.92M | $84.64M | $69.50M | $42.61M | $48.32M | $90.53M | $36.29M | $38.74M |
| Low Forecast | $220.49M | $205.43M | $191.39M | $178.32M | $166.13M | $154.78M | $144.21M | $134.35M | $67.75M | $70.09M | $66.37M | $62.75M | $63.48M | $66.39M | $63.49M | $61.00M | $58.19M | $62.53M | $61.60M | $52.76M | $57.06M | $59.63M | $67.02M | $56.43M | $63.87M | $28.41M | $48.32M | $60.35M | $24.19M | $25.82M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.89% | 0.83% | 0.75% | 0.74% | 1.42% | - | 0.51% | 1.17% | 1.00% |
Liberty Energy's average Quarter SG&A projection for Mar 24 is $65.95M, based on 4 Wall Street analysts, with a range of $52.76M to $79.14M. The forecast indicates a 19.27% rise compared to LBRT last annual SG&A of $55.30M (Dec 23).
Liberty Energy EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 4 | 3 | 7 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.55 | $0.88 | $0.88 | $0.92 | $0.84 | $0.79 | - | $-0.03 | $-0.31 | $-0.22 |
| Avg Forecast | $0.64 | $0.64 | $0.60 | $0.57 | $0.60 | $0.61 | $0.57 | $0.51 | $0.67 | $0.76 | $0.68 | $0.55 | $0.68 | $0.75 | $0.67 | $0.57 | $0.49 | $0.62 | $0.60 | $0.53 | $0.57 | $0.75 | $0.90 | $0.82 | $0.75 | $0.64 | $0.17 | $-0.16 | $-0.17 | $-0.10 |
| High Forecast | $0.68 | $0.68 | $0.64 | $0.61 | $0.64 | $0.64 | $0.60 | $0.54 | $0.71 | $0.81 | $0.73 | $0.59 | $0.72 | $0.80 | $0.71 | $0.60 | $0.52 | $0.69 | $0.63 | $0.57 | $0.66 | $0.80 | $0.96 | $0.87 | $0.80 | $0.68 | $0.17 | $-0.15 | $-0.16 | $-0.10 |
| Low Forecast | $0.61 | $0.61 | $0.57 | $0.54 | $0.57 | $0.58 | $0.54 | $0.49 | $0.63 | $0.72 | $0.65 | $0.53 | $0.65 | $0.72 | $0.64 | $0.54 | $0.47 | $0.55 | $0.57 | $0.51 | $0.49 | $0.71 | $0.86 | $0.78 | $0.72 | $0.61 | $0.17 | $-0.18 | $-0.18 | $-0.11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 1.17% | 0.97% | 1.12% | 1.12% | 1.24% | - | 0.18% | 1.86% | 2.15% |
According to 4 Wall Street analysts, Liberty Energy's projected average Quarter EPS for Mar 24 is $0.53, with a low estimate of $0.51 and a high estimate of $0.57. This represents a -2.75% decrease compared to LBRT previous annual EPS of $0.55 (Dec 23).
Liberty Energy Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PUMP | ProPetro | $7.31 | $16.75 | 129.14% | Hold |
| RES | RPC | $5.78 | $13.00 | 124.91% | Hold |
| NR | Newpark Resources | $7.12 | $11.00 | 54.49% | Buy |
| MRC | MRC Global | $12.19 | $16.00 | 31.26% | Buy |
| NEX | NexTier Oilfield Solutions | $10.61 | $13.50 | 27.24% | Hold |
| LBRT | Liberty Energy | $19.36 | $23.11 | 19.37% | Buy |
| SND | Smart Sand | $1.98 | $2.25 | 13.64% | Hold |
| AROC | Archrock | $19.37 | $22.00 | 13.58% | Buy |
| RNGR | Ranger Energy Services | $11.84 | $12.50 | 5.57% | Hold |
LBRT Forecast FAQ
Is Liberty Energy a good buy?
Yes, according to 8 Wall Street analysts, Liberty Energy (LBRT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 62.50% of LBRT's total ratings.
What is LBRT's price target?
Liberty Energy (LBRT) average price target is $23.11 with a range of $16 to $27, implying a 19.37% from its last price of $19.36. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Liberty Energy stock go up soon?
According to Wall Street analysts' prediction for LBRT stock, the company can go up by 19.37% (from the last price of $19.36 to the average price target of $23.11), up by 39.46% based on the highest stock price target, and down by -17.36% based on the lowest stock price target.
Can Liberty Energy stock reach $30?
LBRT's average twelve months analyst stock price target of $23.11 does not support the claim that Liberty Energy can reach $30 in the near future.
What are Liberty Energy's analysts' financial forecasts?
Liberty Energy's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $11.27B (high $11.81B, low $10.86B), average EBITDA is $411.27M (high $431.02M, low $396.11M), average net income is $388.37M (high $412.63M, low $369.76M), average SG&A $622.42M (high $652.32M, low $599.47M), and average EPS is $2.29 (high $2.43, low $2.18). LBRT's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $14.96B (high $15.68B, low $14.41B), average EBITDA is $545.84M (high $572.06M, low $525.72M), average net income is $416.77M (high $442.8M, low $396.8M), average SG&A $826.08M (high $865.76M, low $795.63M), and average EPS is $2.46 (high $2.61, low $2.34).
Did the LBRT's actual financial results beat the analysts' financial forecasts?
Based on Liberty Energy's last annual report (Dec 2023), the company's revenue was $4.75B, beating the average analysts forecast of $4.71B by 0.76%. Apple's EBITDA was $4.11B, beating the average prediction of $263.31M by 1461.56%. The company's net income was $556.32M, beating the average estimation of $367.68M by 51.30%. Apple's SG&A was $221.41M, missing the average forecast of $261.85M by -15.45%. Lastly, the company's EPS was $3.24, beating the average prediction of $3.05 by 6.32%. In terms of the last quarterly report (Dec 2023), Liberty Energy's revenue was $1.07B, missing the average analysts' forecast of $1.08B by -0.79%. The company's EBITDA was $902.82M, beating the average prediction of $39.53M by 2183.78%. Liberty Energy's net income was $92.38M, missing the average estimation of $96.98M by -4.74%. The company's SG&A was $55.3M, missing the average forecast of $59.83M by -7.57%. Lastly, the company's EPS was $0.55, missing the average prediction of $0.572 by -3.77%