Meanwhile, Mizuho initiated its Viper Energy Inc [VNOM] rating to an Outperform in a research note published on March 31, 2025; the price target was $56. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in mid March with a ‘”an Overweight”‘ rating. KeyBanc Capital Markets also remained covering VNOM and has increased its forecast on December 13, 2024 with a “an Overweight” recommendation from previously “Sector weight” rating. Goldman started covering the stock on December 02, 2024. It rated VNOM as “a Buy”.
Price Performance Review of VNOM
On Monday, Viper Energy Inc [NASDAQ:VNOM] saw its stock fall -1.59% to $41.41. Over the last five days, the stock has lost -1.69%. Viper Energy Inc shares have fallen nearly -14.92% since the year began. Nevertheless, the stocks have risen 14.93% over the past one year. While a 52-week high of $56.30 was reached on 01/06/25, a 52-week low of $34.71 was recorded on 04/07/25. SMA at 50 days reached $42.26, while 200 days put it at $47.15.
Levels Of Support And Resistance For VNOM Stock
The 24-hour chart illustrates a support level at 41.05, which if violated will result in even more drops to 40.69. On the upside, there is a resistance level at 41.82. A further resistance level may holdings at 42.23. The Relative Strength Index (RSI) on the 14-day chart is 50.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.89, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 18.46%. Stochastics %K at 88.69% indicates the stock is a selling.
The most recent change occurred on November 26, 2024 when BofA Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $64 price target.
