Viper Energy, Inc. (NASDAQ:VNOM) is included among the 15 Best High Yield Energy Stocks to Buy Right Now.
Viper Energy, Inc. (NASDAQ:VNOM) is a publicly traded Delaware corporation focused on owning and acquiring mineral and royalty interests, primarily in the Permian Basin.
On May 27, Morgan Stanley bumped its price target on Viper Energy, Inc. (NASDAQ:VNOM) from $44 to $49, while maintaining an ‘Overweight’ rating on the shares. The revised target indicates an upside of 5% from the current levels.
Morgan Stanley highlighted how crude oil, LNG, and refining margins have hit their highest levels since Russia invaded Ukraine back in 2022. The analyst noted that even if the war in Iran de-escalates, it is looking less likely that the price levels will revert to their previous levels anytime soon.
As a result, Morgan Stanley updated its price deck, raising its 2026 WTI benchmark by 44%, NGLs by 40%, and cracks by 35%. Moreover, the firm noted that its EBITDA estimates across the North American energy operators are surging at an average of around 40% for this year and 23% for 2027.
While we acknowledge the potential of VNOM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 14 Best Energy Stocks to Buy According to Wall Street Analysts and 8 Best Oil and Gas Penny Stocks to Buy Now
Disclosure: None. Follow Insider Monkey on Google News.
