Meanwhile, A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in late March with a ‘”an Outperform”‘ rating. Wells Fargo began covering VNOM with “an Overweight” recommendation on March 14, 2025. KeyBanc Capital Markets revised its rating on December 13, 2024. It rated VNOM as “an Overweight” which previously was an “a Sector weight”.
Price Performance Review of VNOM
On Tuesday, Viper Energy Inc [NASDAQ:VNOM] saw its stock jump 2.35% to $43.18. Over the last five days, the stock has gained 8.03%. Viper Energy Inc shares have fallen nearly -11.28% since the year began. Nevertheless, the stocks have risen 17.65% 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 $41.69, while 200 days put it at $47.11.
Levels Of Support And Resistance For VNOM Stock
The 24-hour chart illustrates a support level at 42.40, which if violated will result in even more drops to 41.61. On the upside, there is a resistance level at 43.84. A further resistance level may holdings at 44.49. The Relative Strength Index (RSI) on the 14-day chart is 57.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.70, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.97%. Stochastics %K at 73.69% indicates the stock is a holding.
The most recent change occurred on December 02, 2024 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $70 price target.