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NYSE: ESTE
Earthstone Energy Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for ESTE

Based on 5 analysts offering 12 month price targets for Earthstone Energy Inc.
Min Forecast
$15.00+22.15%
Avg Forecast
$23.60+92.18%
Max Forecast
$35.00+185.02%

Should I buy or sell ESTE stock?

Based on 6 analysts offering ratings for Earthstone Energy Inc.
Hold
Strong Buy
2 analysts 33.33%
Buy
0 analysts 0%
Hold
3 analysts 50%
Sell
0 analysts 0%
Strong Sell
1 analysts 16.67%

Be the first to know when Wall Street analysts revise their ESTE stock forecasts and price targets.

ESTE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Benchmark
Top 7%
94
Strong BuyReiterates$30.00+144.30%2023-03-09
Mizuho
Top 2%
99
HoldInitiates Coverage On$19.00+54.72%2023-01-10
Wells Fargo
Top 13%
88
Strong SellMaintains$19.00+54.72%2022-07-11
RBC Capital
Top 5%
96
HoldDowngradesN/AN/A2022-07-06
Truist Securities
Top 3%
98
Strong BuyMaintains$35.00+185.02%2022-06-29
Stephens & Co.
Bottom 38%
38
HoldInitiates Coverage On$15.00+22.15%2022-04-14

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Forecast return on equity

Is ESTE forecast to generate an efficient return?
Company
51.66%
Industry
52.41%
Market
42.66%
ESTE's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ESTE forecast to generate an efficient return on assets?
Company
21.51%
Industry
19.06%
ESTE is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ESTE earnings per share forecast

What is ESTE's earnings per share in the next 1 years based on estimates from 2 analysts?
Avg 1 year Forecast
$6.03+17.77%

ESTE revenue forecast

What is ESTE's revenue in the next 1 years based on estimates from 2 analysts?
Avg 1 year Forecast
$1.8B+7.33%

ESTE vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
ESTE$12.28$23.60+92.18%Hold
CRGY$10.48$15.60+48.85%Buy
TALO$13.26$25.00+88.54%Strong Buy
BTE$3.39$6.54+92.98%Buy
CPE$30.66$54.33+77.21%Buy
View Top Oil and Gas Stocks

Earthstone Energy Stock Forecast FAQ

Is Earthstone Energy Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NYSE: ESTE) stock is to Hold ESTE stock.

Out of 6 analysts, 2 (33.33%) are recommending ESTE as a Strong Buy, 0 (0%) are recommending ESTE as a Buy, 3 (50%) are recommending ESTE as a Hold, 0 (0%) are recommending ESTE as a Sell, and 1 (16.67%) are recommending ESTE as a Strong Sell.

If you're new to stock investing, here's how to buy Earthstone Energy stock.

What is ESTE's earnings growth forecast for 2023-2023?

(NYSE: ESTE) Earthstone Energy's forecast annual earnings growth rate of N/A is not forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of N/A, and while it is not forecast to beat the US market's average forecast earnings growth rate of N/A.

Earthstone Energy's earnings in 2023 is $452,485,000.

In 2023, ESTE is forecast to generate $846,872,327 in earnings, with the lowest earnings forecast at $696,598,133 and the highest earnings forecast at $997,146,521.

What is ESTE's revenue growth forecast for 2023-2023?

(NYSE: ESTE) Earthstone Energy's forecast annual revenue growth rate of N/A is not forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of N/A, and while it is not forecast to beat the US market's average forecast revenue growth rate of N/A.

Earthstone Energy's revenue in 2023 is $1,695,154,000.

In 2023, ESTE is forecast to generate $255,532,840,375 in revenue, with the lowest revenue forecast at $225,966,041,589 and the highest revenue forecast at $285,099,639,160.

What is ESTE's forecast return on assets (ROA) for 2023-2023?

(NYSE: ESTE) forecast ROA is 21.51%, which is higher than the forecast US Oil & Gas E&P industry average of 19.06%.

What is ESTE's Price Target?

According to 5 Wall Street analysts that have issued a 1 year ESTE price target, the average ESTE price target is $23.60, with the highest ESTE stock price forecast at $35.00 and the lowest ESTE stock price forecast at $15.00.

On average, Wall Street analysts predict that Earthstone Energy's share price could reach $23.60 by Mar 9, 2024. The average Earthstone Energy stock price prediction forecasts a potential upside of 92.18% from the current ESTE share price of $12.28.

What is ESTE's Earnings Per Share (EPS) forecast for 2023-2023?

(NYSE: ESTE) Earthstone Energy's current Earnings Per Share (EPS) is $5.12. In 2023, ESTE's EPS is forecast to hit $6.03 (min: $4.96, max: $7.10).

What is ESTE's forecast return on equity (ROE) for 2023-2023?

(NYSE: ESTE) forecast ROE is 51.66%, which is considered strong.
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