# Fervo Energy (FRVO) — Analyst Forecast

FRVO · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/frvo/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Buy | 13 | 0 | 0 | 13 |

## Price target

| Low | Average | High | Analysts |
| --- | --- | --- | --- |
| $27.00 | $33.86 | $47.00 | 7 |

Last price $10.26 (as of Oct 16, 2026).

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Oct 2, 2026 | Bernstein | Maintained | Outperform | $47.00 |
| Sep 25, 2026 | B of A Securities | Maintained | Buy | $30.00 |
| Sep 25, 2026 | Wolfe Research | Upgraded | Peer Perform → Outperform | $29.00 |
| Sep 24, 2026 | Bernstein | Maintained | Outperform | $47.00 |
| Sep 24, 2026 | Johnson Rice | Initiated Coverage | Buy | $35.00 |
| Sep 10, 2026 | Northland Capital Markets | Initiated Coverage | Outperform | $27.00 |
| Aug 13, 2026 | Baird | Maintained | Outperform | $35.00 |
| Jul 20, 2026 | Jefferies | Upgraded | Hold → Buy | $34.00 |
| Jul 17, 2026 | B of A Securities | Upgraded | Neutral → Buy | $36.00 |
| Jun 24, 2026 | Barclays | Maintained | Overweight | $48.00 |
| Jun 23, 2026 | Baird | Maintained | Outperform | $50.00 |
| Jun 23, 2026 | RBC Capital | Maintained | Outperform | $46.00 |
| Jun 17, 2026 | Bernstein | Initiated Coverage | Outperform | $47.00 |
| Jun 12, 2026 | Roth Capital | Initiated Coverage | Buy | $45.00 |
| Jun 8, 2026 | JP Morgan | Initiated Coverage | Overweight | $47.00 |
| Jun 8, 2026 | Barclays | Initiated Coverage | Overweight | $47.00 |
| Jun 8, 2026 | Baird | Initiated Coverage | Outperform | $47.00 |
| Jun 8, 2026 | William Blair | Initiated Coverage | Outperform | — |
| Jun 8, 2026 | RBC Capital | Initiated Coverage | Outperform | $46.00 |
| Jun 8, 2026 | Bernstein | Initiated Coverage | Outperform | $47.00 |

## Frequently Asked Questions

### What is the price target for FRVO stock?

The average 12-month analyst price target for Fervo Energy (FRVO) is $33.86, with a high estimate of $47.00 and a low of $27.00, across 7 analysts.

### Is FRVO a buy, sell, or hold?

Analysts covering Fervo Energy currently average a Buy rating: 13 buy, 0 hold and 0 sell, from 13 analysts. Ratings reflect analyst opinion, not investment advice.

### What upside do analysts see for FRVO?

The average price target of $33.86 implies 229.99% upside from the last price of $10.26.

### What is the latest analyst rating on FRVO?

On Oct 2, 2026, Bernstein maintained Fervo Energy at Outperform with a price target of $47.00.

---

Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).