Analysts Issue Forecasts for Fervo Energy Q4 Earnings

Fervo Energy Company (NASDAQ:FRVO) – Northland Securities reduced their Q4 2026 earnings estimates for shares of Fervo Energy in a research note issued on Tuesday, November 10th. Northland Securities analyst J. Grampp now anticipates that the company will earn ($0.14) per share for the quarter, down from their prior forecast of ($0.09). Northland Securities currently has an “Outperform” rating and a $27.00 target price on the stock. The consensus estimate for Fervo Energy’s current full-year earnings is ($0.58) per share. Northland Securities also issued estimates for Fervo Energy’s Q1 2027 earnings at ($0.15) EPS, Q2 2027 earnings at ($0.15) EPS, Q3 2027 earnings at ($0.15) EPS, Q4 2027 earnings at ($0.17) EPS, FY2027 earnings at ($0.63) EPS and FY2028 earnings at ($0.78) EPS.

A number of other brokerages have also weighed in on FRVO. Robert W. Baird decreased their price target on shares of Fervo Energy from $26.00 to $20.00 and set an “outperform” rating on the stock in a report on Tuesday. Weiss Ratings assumed coverage on Fervo Energy in a report on Tuesday, August 18th. They set a “sell (d)” rating for the company. Sanford C. Bernstein restated an “outperform” rating and set a $47.00 price objective on shares of Fervo Energy in a report on Monday. Wall Street Zen raised Fervo Energy from a “strong sell” rating to a “sell” rating in a research report on Monday, July 20th. Finally, Jefferies Financial Group upgraded Fervo Energy from a “hold” rating to a “buy” rating and reduced their target price for the company from $41.00 to $34.00 in a report on Monday, July 20th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $36.35.

Fervo Energy Stock Performance

Shares of FRVO stock opened at $12.94 on Thursday. Fervo Energy has a one year low of $7.64 and a one year high of $42.65. The company has a quick ratio of 8.62, a current ratio of 8.62 and a debt-to-equity ratio of 0.08. The stock’s 50 day moving average is $12.83. The firm has a market capitalization of $3.81 billion and a price-to-earnings ratio of -3.16.

Fervo Energy (NASDAQ:FRVO) last released its earnings results on Monday, November 9th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.03. The company had revenue of $0.12 million during the quarter.

Institutional Investors Weigh In On Fervo Energy

Several institutional investors have recently bought and sold shares of the business. Sterling Capital Management LLC acquired a new stake in shares of Fervo Energy in the third quarter worth $27,000. Signaturefd LLC raised its stake in shares of Fervo Energy by 175.0% in the 3rd quarter. Signaturefd LLC now owns 2,200 shares of the company’s stock valued at $30,000 after acquiring an additional 1,400 shares during the period. SBI Securities Co. Ltd. raised its stake in shares of Fervo Energy by 387.3% in the 3rd quarter. SBI Securities Co. Ltd. now owns 4,512 shares of the company’s stock valued at $61,000 after acquiring an additional 3,586 shares during the period. Corient Private Wealth LP acquired a new position in shares of Fervo Energy during the 2nd quarter valued at $229,000. Finally, Engineers Gate Manager LP acquired a new position in shares of Fervo Energy during the 2nd quarter valued at $272,000.

Top Fervo Energy Stories

Investors following FRVO have been watching these stories:

• Positive Sentiment: Fervo reported a quarterly loss of $0.07 per share, narrower than analysts’ expected $0.10 loss; reports said the shares climbed after the results. Fervo shares climb on earnings
• Negative Sentiment: Rosen and Pomerantz law firms announced investigations into potential securities claims involving alleged misleading company information. These are investigations, not established findings, but they introduce legal and reputational uncertainty. Rosen Law Firm investigation notice Pomerantz investigation notice
• Negative Sentiment: Cape Station still needs to demonstrate that it can reliably serve AI data centers, leaving project performance and delivery as key risks to the growth story. Cape Station execution challenge

About Fervo Energy

Fervo Energy is a geothermal energy company that develops projects to produce electricity and provide energy storage. It applies drilling and subsurface technologies, including horizontal wells and fiber-optic sensing, to access geothermal resources and make them available in more locations. Founded in 2017 and headquartered in Houston, Texas, Fervo has focused on projects in the western United States. Its developments include Project Red in Nevada and Cape Station in Utah, which is planned as a large-scale geothermal power project.