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NYSE: OVV
OVINTIV INC Stock Forecast, Predictions & Price Target

Analyst price target for OVV

Based on 12 analysts offering 12 month price targets for OVINTIV INC.
Min Forecast
$38.00-32.67%
Avg Forecast
$54.08-4.18%
Max Forecast
$78.00+38.2%

Should I buy or sell OVV stock?

Based on 14 analysts offering ratings for OVINTIV INC.
Strong Buy
Strong Buy
6 analysts 42.86%
Buy
6 analysts 42.86%
Hold
2 analysts 14.29%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

OVV stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Barclays
Top 18%
83
Strong BuyMaintains$56.00-0.78%2022-05-25
Wells Fargo
Top 1%
100
Strong BuyMaintains$68.00+20.48%2022-05-11
RBC Capital
Top 30%
71
BuyMaintains$50.00-11.41%2022-05-11
Morgan Stanley
Top 1%
100
Strong BuyMaintains$68.00+20.48%2022-04-22
Truist Securities
Top 1%
100
Strong BuyMaintains$68.00+20.48%2022-04-06Find out why
Mizuho
Top 1%
100
Strong BuyMaintains$78.00+38.20%2022-03-31Find out why
Capital One Financial
Top 33%
68
BuyUpgradesN/AN/A2022-03-23
Bank of America
Top 8%
93
HoldDowngradesN/AN/A2022-03-08
JP Morgan
Top 11%
90
HoldDowngrades$53.00-6.09%2022-01-18
ScotiaBank
Bottom 33%
33
BuyUpgrades$46.00-18.50%2022-01-13

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Forecast return on equity

Is OVV forecast to generate an efficient return?
Company
49.1%
Industry
15.86%
Market
31.09%
OVV's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is OVV forecast to generate an efficient return on assets?
Company
15.44%
Industry
6.86%
OVV is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

OVV earnings per share forecast

What is OVV's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$9.64+191.24%
Avg 2 year Forecast
$14.85+348.64%
Avg 3 year Forecast
$11.30+241.39%
OVV's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

OVV revenue forecast

What is OVV's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$10.6B+20.4%
Avg 2 year Forecast
$12.5B+42.46%
Avg 3 year Forecast
$11.7B+33.25%
OVV's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

OVV earnings growth forecast

How is OVV forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
59.73%
Industry
19.6%
Market
15.67%
OVV's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
OVV's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
OVV's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

OVV revenue growth forecast

How is OVV forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
12.07%
Industry
9.22%
Market
9.17%
OVV's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
OVV's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

OVV vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
OVV$56.44$54.08-4.18%Strong Buy
AR$44.74$40.50-9.48%Strong Buy
CHK$103.15$96.00-6.93%Strong Buy
APA$47.62$44.00-7.60%Strong Buy
TPL$1,574.02$800.00-49.17%Sell

OVINTIV Stock Forecast FAQ

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

The consensus among 14 Wall Street analysts covering (NYSE: OVV) stock is to Strong Buy OVV stock.

Out of 14 analysts, 6 (42.86%) are recommending OVV as a Strong Buy, 6 (42.86%) are recommending OVV as a Buy, 2 (14.29%) are recommending OVV as a Hold, 0 (0%) are recommending OVV as a Sell, and 0 (0%) are recommending OVV as a Strong Sell.

What is OVV's earnings growth forecast for 2022-2024?

(NYSE: OVV) OVINTIV's forecast annual earnings growth rate of 59.73% is forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 19.6%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 15.67%.

OVINTIV's earnings in 2022 is $866,000,000.On average, 5 Wall Street analysts forecast OVV's earnings for 2022 to be $2,488,413,630, with the lowest OVV earnings forecast at $1,628,826,764, and the highest OVV earnings forecast at $2,839,476,134. On average, 5 Wall Street analysts forecast OVV's earnings for 2023 to be $3,833,292,781, with the lowest OVV earnings forecast at $2,981,449,941, and the highest OVV earnings forecast at $4,339,235,801.

In 2024, OVV is forecast to generate $2,916,916,392 in earnings, with the lowest earnings forecast at $2,483,250,946 and the highest earnings forecast at $3,600,972,006.

What is OVV's revenue growth forecast for 2022-2024?

(NYSE: OVV) OVINTIV's forecast annual revenue growth rate of 12.07% is forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 9.22%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 9.17%.

OVINTIV's revenue in 2022 is $8,787,000,000.On average, 4 Wall Street analysts forecast OVV's revenue for 2022 to be $2,730,857,137,178, with the lowest OVV revenue forecast at $2,133,530,740,249, and the highest OVV revenue forecast at $2,980,933,672,312. On average, 3 Wall Street analysts forecast OVV's revenue for 2023 to be $3,231,383,211,357, with the lowest OVV revenue forecast at $3,161,111,339,724, and the highest OVV revenue forecast at $3,282,462,805,665.

In 2024, OVV is forecast to generate $3,022,504,893,585 in revenue, with the lowest revenue forecast at $2,948,824,359,920 and the highest revenue forecast at $3,096,185,427,249.

What is OVV's forecast return on assets (ROA) for 2022-2025?

(NYSE: OVV) forecast ROA is 15.44%, which is higher than the forecast US Oil & Gas E&P industry average of 6.86%.

What is OVV's Price Target?

According to 12 Wall Street analysts that have issued a 1 year OVV price target, the average OVV price target is $54.08, with the highest OVV stock price forecast at $78.00 and the lowest OVV stock price forecast at $38.00.

On average, Wall Street analysts predict that OVINTIV's share price could fall to $54.08 by May 25, 2023. The average OVINTIV stock price prediction forecasts a potential downside of 4.18% from the current OVV share price of $56.44.

What is OVV's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: OVV) OVINTIV's current Earnings Per Share (EPS) is $3.31. On average, analysts forecast that OVV's EPS will be $9.64 for 2022, with the lowest EPS forecast at $6.31, and the highest EPS forecast at $11.00. On average, analysts forecast that OVV's EPS will be $14.85 for 2023, with the lowest EPS forecast at $11.55, and the highest EPS forecast at $16.81. In 2024, OVV's EPS is forecast to hit $11.30 (min: $9.62, max: $13.95).

What is OVV's forecast return on equity (ROE) for 2022-2025?

(NYSE: OVV) forecast ROE is 49.1%, which is considered strong.
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