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

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Analyst price target for ESTE

Based on 4 analysts offering 12 month price targets for Earthstone Energy Inc.
Min Forecast
$15.00+37.74%
Avg Forecast
$21.00+92.84%
Max Forecast
$35.00+221.4%

Should I buy or sell ESTE stock?

Based on 5 analysts offering ratings for Earthstone Energy Inc.
Hold
Strong Buy
2 analysts 40%
Buy
0 analysts 0%
Hold
2 analysts 40%
Sell
0 analysts 0%
Strong Sell
1 analysts 20%

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ESTE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Top 8%
93
Strong SellMaintains$19.00+74.47%2022-07-11
RBC Capital
Top 4%
97
HoldDowngradesN/AN/A2022-07-06
Truist Securities
Top 3%
98
Strong BuyMaintains$35.00+221.40%2022-06-29
Stephens & Co.
Bottom 46%
46
HoldInitiates Coverage On$15.00+37.74%2022-04-14
Benchmark
Top 5%
96
Strong BuyInitiates Coverage On$15.00+37.74%2021-11-03

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Forecast return on equity

Is ESTE forecast to generate an efficient return?
Company
65.44%
Industry
257.1%
Market
98.87%
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
25.41%
Industry
35.21%
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 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$5.11+115.61%
Avg 2 year Forecast
$6.03+154.43%
ESTE's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

ESTE revenue forecast

What is ESTE's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$1.4B+56.01%
Avg 2 year Forecast
$1.8B+97.1%
ESTE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ESTE earnings growth forecast

How is ESTE forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
115.61%
Industry
33.77%
Market
50.51%
ESTE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ESTE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ESTE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ESTE revenue growth forecast

How is ESTE forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
56.01%
Industry
14.23%
Market
12.27%
ESTE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ESTE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ESTE vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
ESTE$10.89$21.00+92.84%Hold
MNRL$24.48$33.00+34.80%Strong Buy
TELL$2.40$4.80+100.00%Buy
GPOR$84.49$135.00+59.78%Buy
TALO$15.58$19.50+25.16%Strong Buy

Earthstone Energy Stock Forecast FAQ

Is Earthstone Energy Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NYSE: ESTE) stock is to Hold ESTE stock.

Out of 5 analysts, 2 (40%) are recommending ESTE as a Strong Buy, 0 (0%) are recommending ESTE as a Buy, 2 (40%) are recommending ESTE as a Hold, 0 (0%) are recommending ESTE as a Sell, and 1 (20%) 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 2022-2023?

(NYSE: ESTE) Earthstone Energy's forecast annual earnings growth rate of 115.61% is forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 33.77%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 50.51%.

Earthstone Energy's earnings in 2022 is $161,595,000.On average, 2 Wall Street analysts forecast ESTE's earnings for 2022 to be $708,778,917, with the lowest ESTE earnings forecast at $656,071,287, and the highest ESTE earnings forecast at $761,486,547.

In 2023, ESTE is forecast to generate $836,386,863 in earnings, with the lowest earnings forecast at $687,973,273 and the highest earnings forecast at $984,800,452.

What is ESTE's revenue growth forecast for 2022-2023?

(NYSE: ESTE) Earthstone Energy's forecast annual revenue growth rate of 56.01% is forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 14.23%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 12.27%.

Earthstone Energy's revenue in 2022 is $923,101,000.On average, 2 Wall Street analysts forecast ESTE's revenue for 2022 to be $199,755,675,325, with the lowest ESTE revenue forecast at $174,810,402,470, and the highest ESTE revenue forecast at $224,700,948,180.

In 2023, ESTE is forecast to generate $252,368,986,228 in revenue, with the lowest revenue forecast at $223,168,265,787 and the highest revenue forecast at $281,569,706,670.

What is ESTE's forecast return on assets (ROA) for 2022-2023?

(NYSE: ESTE) forecast ROA is 25.41%, which is lower than the forecast US Oil & Gas E&P industry average of 35.21%.

What is ESTE's Price Target?

According to 4 Wall Street analysts that have issued a 1 year ESTE price target, the average ESTE price target is $21.00, 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 $21.00 by Jul 11, 2023. The average Earthstone Energy stock price prediction forecasts a potential upside of 92.84% from the current ESTE share price of $10.89.

What is ESTE's Earnings Per Share (EPS) forecast for 2022-2023?

(NYSE: ESTE) Earthstone Energy's current Earnings Per Share (EPS) is $2.37. On average, analysts forecast that ESTE's EPS will be $5.11 for 2022, with the lowest EPS forecast at $4.73, and the highest EPS forecast at $5.49. 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 2022-2023?

(NYSE: ESTE) forecast ROE is 65.44%, which is considered strong.
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