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Ovintiv Inc
NYSE:OVV

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Ovintiv Inc Logo
Ovintiv Inc
NYSE:OVV
Watchlist
Price: 51.07 USD 0.67% Market Closed
Updated: May 3, 2024

Wall Street
Price Targets

OVV Price Targets Summary
Ovintiv Inc

Wall Street analysts forecast OVV stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for OVV is 62.96 USD with a low forecast of 48.48 USD and a high forecast of 74.55 USD.

Lowest
Price Target
48.48 USD
5% Downside
Average
Price Target
62.96 USD
23% Upside
Highest
Price Target
74.55 USD
46% Upside

OVV Last Price Targets
Ovintiv Inc

The latest public price target was made on Apr 9, 2024 by Betty Jiang from Barclays , who expects OVV stock to rise by 35% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Betty Jiang
Barclays
69 USD
Upside 35%
3 weeks ago
Apr 9, 2024
Ovintiv initiated with an Overweight at Barclays
TheFly
Neal Dingmann
Truist Financial
68 USD
Upside 33%
4 weeks ago
Apr 5, 2024
Ovintiv price target raised to $68 from $63 at Truist
TheFly
Betty Jiang
Barclays
Price Target 69 USD
Upside/Downside 35%
View Source
Neal Dingmann
Truist Financial
Price Target 68 USD
Upside/Downside 33%
View Source
Ovintiv Inc Competitors:
Price Targets
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MUR
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SEPL
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GXE
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PSK
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13% Upside
SD
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3% Upside

Revenue
Forecast

Revenue Estimate
Ovintiv Inc

For the last 8 years the compound annual growth rate for Ovintiv Inc's revenue is 12%. The projected CAGR for the next 3 years is -2%.

12%
Past Growth
-2%
Estimated Growth
Estimates Accuracy
3%
Average Beat

Operating Income
Forecast

Operating Income Estimate
Ovintiv Inc

For the last 8 years the compound annual growth rate for Ovintiv Inc's operating income is 45%. The projected CAGR for the next 3 years is -3%.

45%
Past Growth
-3%
Estimated Growth
Estimates Accuracy
13%
Average Beat

Net Income
Forecast

Net Income Estimate
Ovintiv Inc

The compound annual growth rate of Ovintiv Inc's net income for the next 3 years is -2%.

N/A
Past Growth
-2%
Estimated Growth
Estimates Accuracy
21%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is OVV's stock price target?
Price Target
62.96 USD

According to Wall Street analysts, the average 1-year price target for OVV is 62.96 USD with a low forecast of 48.48 USD and a high forecast of 74.55 USD.

What is Ovintiv Inc's Revenue forecast?
Projected CAGR
-2%

For the last 8 years the compound annual growth rate for Ovintiv Inc's revenue is 12%. The projected CAGR for the next 3 years is -2%.

What is Ovintiv Inc's Operating Income forecast?
Projected CAGR
-3%

For the last 8 years the compound annual growth rate for Ovintiv Inc's operating income is 45%. The projected CAGR for the next 3 years is -3%.

What is Ovintiv Inc's Net Income forecast?
Projected CAGR
-2%

The compound annual growth rate of Ovintiv Inc's net income for the next 3 years is -2%.