Roth Capital has begun coverage on Prairie Operating (PROP, Financial) by assigning a Buy rating and setting an $8 price target. The firm highlights the company's robust production growth, appealing cost structure, and low valuation as key factors in its positive outlook. Additionally, Roth Capital notes the company's strengthening financial position anticipated through 2026. Prairie Operating is focused on boosting organic production, with plans to increase output by over 10% annually, provided that oil prices remain stable. This strategy underpins the Buy rating given to PROP by the firm.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Prairie Operating Co (PROP, Financial) is $11.35 with a high estimate of $21.75 and a low estimate of $8.00. The average target implies an upside of 187.34% from the current price of $3.95. More detailed estimate data can be found on the Prairie Operating Co (PROP) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, Prairie Operating Co's (PROP, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
