Fervo Energy Company (FRVO) Stock Forecast

NASDAQ: FRVOAnalyst ratings, price target and estimates.

FRVO analyst forecast

as of October 18, 2026
Analyst consensus
Strong buy
4.71 / 5 from 14 analysts
Price target
$37.71
average of analyst targets
Upside to target
+289.6%
from the latest close
Next earnings
November 11, 2026
EPS estimate $-0.09
52-week range
$9.68 – $42.50

FRVO analyst ratings

14 analysts
Strong buy
1071%
Buy
429%
Hold
00%
Sell
00%
Strong sell
00%

Number of analysts at each rating.

FRVO price target

Price $9.68Target $37.71
52-week low $9.6852-week high $42.50

The average of analyst 12-month price targets compared with the latest close and the 52-week range.

FRVO earnings per share estimates

Fervo Energy Company EPS estimates
PeriodAverageLowHighYear agoGrowthAnalysts
Current quarter (Sep '26)−$0.05−$0.07−$0.02——6
Current fiscal year (2026)−$0.39−$0.75−$0.14——7
Next fiscal year (2027)−$0.28−$0.44−$0.05−$0.39+27.8%7

Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.

FRVO revenue estimates

Fervo Energy Company revenue estimates
PeriodAverageLowHighGrowthAnalysts
Current quarter (Sep '26)$150,000$0$1.0M—8
Current fiscal year (2026)$6.1M$3.1M$8.0M—11
Next fiscal year (2027)$71.9M$62.9M$80.3M+1,073.0%13

FRVO EPS: reported and forecast

Reported EPSEstimate (average; low–high)

Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.

FRVO revenue: reported and forecast

Reported revenueEstimate (average; low–high)

FRVO EPS estimate revisions

Fervo Energy Company EPS estimate revisions
Period90 days ago60 days ago30 days ago7 days agoNowChange (90 d)Revisions (30 d)
Current quarter (Sep '26)−$0.05−$0.06−$0.05−$0.05−$0.05−3.4%1 up · 0 down
Current fiscal year (2026)−$0.20−$0.29−$0.39−$0.39−$0.39+88.1%1 up · 1 down
Next fiscal year (2027)−$0.21−$0.27−$0.27−$0.27−$0.28+35.0%0 up · 2 down

How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.

FRVO earnings surprises

Reported EPSEstimate

Reported EPS vs the consensus estimate for the last 2 quarters; FRVO beat in 0 of 2.

What analysts expect from FRVO

14 analysts cover Fervo Energy; their consensus rating is strong buy (4.71 on a 1–5 scale, where 5 is a strong buy). The average price target is $37.71, 289.6% above the latest close of $9.68. Analysts expect earnings of −$0.39 per share for 2026. For 2027 the average estimate is −$0.28 per share on revenue of $71.9 million. Fervo Energy beat the EPS estimate in 0 of the last 2 quarters.

Related: FRVO income statement, FRVO key metrics, FRVO chart. See the FRVO stock overview for the latest quote and news.

FRVO forecast FAQ

What is Fervo Energy's price target?

The average analyst price target for Fervo Energy is $37.71, 289.6% above the latest close of $9.68.

Is Fervo Energy a buy, hold or sell?

Of 14 analysts covering Fervo Energy, 10 rate it a strong buy, 4 a buy, 0 a hold, 0 a sell and 0 a strong sell, a consensus of strong buy. Ratings are opinions, not a recommendation from Quotelinks.

What is Fervo Energy's EPS forecast?

Analysts forecast −$0.39 per share for 2026 (range −$0.75 to −$0.14); for 2027 the estimate is −$0.28.

What is Fervo Energy's revenue forecast?

The average revenue estimate for 2026 is $6.1 million; for 2027 it is $71.9 million.

When does Fervo Energy report earnings?

Fervo Energy is expected to report results for the quarter ending September 30, 2026 on November 11, 2026; the EPS estimate is $-0.09.

Does Fervo Energy usually beat earnings estimates?

Fervo Energy reported EPS at or above the analyst estimate in 0 of the last 2 quarters.

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