Fervo Energy Company

FRVONASDAQUtilitiesUtilities - Independent Power Producers

$10.26- (-)

As of Oct 15, 2026 close

Market cap: $1.61B
P/E (TTM): -
Forward P/E: -
Dividend yield: -
52-week range: $10.86$42.65
Volume (live): -
Avg. volume (3M): 7.82M

Fervo Energy Company (FRVO) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Fervo Energy Company stock.

Analyst Consensus Rating

Investment consensus from 10 professional research analysts

Consensus Rating

Buy

Based on 10 unique analysts

High Confidence∞:1 Buy/Sell

Average Price Target

$37.00

+260.62% upside

Loading chart...

Strong Sell

Sell

Hold

Buy

Strong Buy

Latest FRVO Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Oct 5, 2026	David Anderson	Barclays	Maintains	Buy	$48.00
Oct 2, 2026	Ross Fowler	BofA Securities	Maintains	Buy	$30.00
Oct 1, 2026	Jeff Grampp	Northland	Maintains	Buy	$27.00
Sep 25, 2026	Steve Fleishman	Wolfe Research	Upgrades	Buy	$29.00
Sep 23, 2026	Martin Malloy	Johnson Rice	Initiates	Buy	$35.00
Sep 3, 2026	Julien Dumoulin Smith	Jefferies	Reiterates	Buy	$34.00 → $25.00 −9.00 (−26.5%)
Sep 1, 2026	Jed Dorsheimer	William Blair	Maintains	Buy	-
Aug 19, 2026	Joseph Osha	Guggenheim	Maintains	Buy	$48.00
Aug 13, 2026	Justin Clare	Roth MKM	Maintains	Buy	$45.00
Aug 12, 2026	Chris Dendrinos	RBC Capital	Maintains	Buy	$46.00

David Anderson

Barclays

BuyMaintains

$48.00

Oct 5

Ross Fowler

BofA Securities

BuyMaintains

$30.00

Oct 2

Jeff Grampp

Northland

BuyMaintains

$27.00

Oct 1

Steve Fleishman

Wolfe Research

BuyUpgrades

$29.00

Sep 25

Martin Malloy

Johnson Rice

BuyInitiates

$35.00

Sep 23

Julien Dumoulin Smith

Jefferies

BuyReiterates

$34.00 → $25.00

Sep 3

Jed Dorsheimer

William Blair

BuyMaintains

Sep 1

Joseph Osha

Guggenheim

BuyMaintains

$48.00

Aug 19

Justin Clare

Roth MKM

BuyMaintains

$45.00

Aug 13

Chris Dendrinos

RBC Capital

BuyMaintains

$46.00

Aug 12

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 5, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for FRVO?

The analyst consensus rating for FRVO is Buy, based on the latest ratings from 10 analysts over the last 90 days.

What is the average price target for FRVO?

The average 12-month price target for FRVO is $37.00, representing an upside of 260.6% from the Oct 15, 2026 close of $10.26.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.