Viper Energy Inc (VNOM) Price

The P/E ratio of Viper Energy Inc is 34.0653

Mr. M. Kaes Van't Hof is the Chief Executive Officer of Viper Energy Inc, joining the firm since 2017.

The current price of VNOM is $37.35, it has decreased 1.6% in the last trading day.

Viper Energy Inc belongs to Energy industry and the sector is Energy

Viper Energy Inc's current market cap is $12.1B

According to wall street analysts, 19 analysts have made analyst ratings for Viper Energy Inc, including 5 strong buy, 15 buy, 1 hold, 0 sell, and 5 strong sell

Looks like you're watching the chop, fren. Viper Energy (VNOM) isn't making a major move based on a single catalyst today; it's consolidating after a minor run-up late last week. The real story here is the overwhelmingly bullish sentiment from analysts, who see significant upside, contrasting with the current sleepy price action.

There are no major company-specific news releases, filings, or insider trades today to explain a significant move in VNOM . The current price action is better understood by looking at the broader context and technicals.

• Macro & Sector Sentiment: The energy sector has some positive tailwinds. Recent commentary highlights energy as a potentially undervalued investment opportunity and a hedge against inflation . While not specific to VNOM, this creates a favorable environment for oil and gas stocks.

• Technical Picture - Consolidation Phase:

  • Daily Chart: The overall technical signal on the daily timeframe is Neutral. The ADX indicator is at a very low 11.14, which signals a weak or non-existent trend. This confirms the stock is mostly moving sideways right now .
  • Hourly Chart: Looking at the hourly data from late last week, VNOM saw a small push from ~$38.20 to nearly $39.00 between September 11th and 12th. The hourly MACD showed a bullish crossover during that time, but momentum faded, and the RSI cooled from overbought territory . The current price of $38.56 is a pullback from those recent highs, indicating consolidation, not a new breakout .

• The Real Alpha - Analyst Conviction: While the chart looks boring, Wall Street analysts are anything but. The sentiment here is extremely bullish:

  • Ratings: Out of 21 analysts covering the stock, 20 have either a "Buy" or "Strong Buy" rating, with only one "Hold" and zero "Sell" ratings .
  • Price Target: The mean analyst price target is $54.53, representing a potential 41% upside from the current price. The high target is a whopping $71.40 .

This is a classic disconnect between strong fundamental conviction from analysts and lackluster short-term price action. The market seems to be sleeping on VNOM, but the pros are clearly positioned for a move.

The play here isn't to chase today's minor wiggles. It's to recognize the strong underlying bullish case from analysts. Keep this on your watchlist on Edgen Radar and set alerts for a breakout above the recent $39 resistance on significant volume. That could be the signal that the market is finally waking up.