Viper Energy

VNOM · NASDAQ

$45.85+$0.32 (+0.70%)TodayMarket closed · Oct 20, 7:54 PM ET

Prev close $45.53

VNOM analyst rating

BuyConsensus of 11 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy11
Hold0
Underperform0
Sell0

12-month price target · 22 analysts

Average $55.99 (+22.1% upside)

Low: $45.45
Now: $45.85
High: $68.25

Upgrades and downgrades

The latest rating actions, newest first

VNOM analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Scotiabank	Oct 15, 2026	Initiates	Sector Outperform	$54.00	59%
Morgan Stanley	Oct 15, 2026	Maintains	Overweight	$46.00 → $47.00	66%
Truist Securities	Oct 14, 2026	Maintains	Buy	$52.00 → $53.00	63%
Citigroup	Oct 9, 2026	Maintains	Buy	$57.00 → $52.00	56%
RBC Capital	Oct 9, 2026	Maintains	Outperform	$55.00 → $57.00	53%
Seaport Global	Sep 3, 2026	Initiates	Buy	$54.00	67%
Barclays	Aug 17, 2026	Maintains	Overweight	$60.00 → $58.00	53%
Mizuho	Aug 4, 2026	Maintains	Outperform	$58.00 → $56.00	51%
Truist Securities	Jul 20, 2026	Maintains	Buy	$58.00 → $52.00	63%
Morgan Stanley	Jun 29, 2026	Maintains	Overweight	$49.00 → $46.00	66%

The case for and against

Updated Oct 18, 2026

Bull case

Viper Energy is well positioned by its concentrated ownership of mineral and royalty interests in the prolific Permian Basin, where its 75% liquids-weighted production mix and 15-20 year average inventory life offer durable exposure to oil-led cash flows. Its unique relationship with Diamondback Energy, which operates about 50% of production and owns 39% of the stock, improves visibility into drilling activity while supporting stable revenues, and the investment-grade balance sheet with ~8-year debt maturity and 1.1x leverage adds financial resilience. Management’s ability to return at least 75% of cash available for distribution, alongside optionality from accretive third-party acquisitions and stronger commodity prices, underpins a credible path to distribution growth.

Bear case

Viper Energy is exposed to a downside case in which lower sustained commodity prices pressure production growth, revenue, and cash flow, making the shares vulnerable if the market weakens. Much of the value thesis depends on commodity prices and on successful execution of the development strategy across unconventional acreage positions, so any shortfall in either area would weigh on fundamentals. If oil and gas prices remain weaker than expected, declining cash generation and reduced growth could prevent the stock from meeting expectations and drive underperformance.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.