Fintel reports that on April 2, 2025, RAYMOND JAMES LTD. upgraded their outlook for Obsidian Energy (NYSEAM:OBE) from Outperform to Strong Buy.
Analyst Price Forecast Suggests 120.28% Upside
As of April 2, 2025, the average one-year price target for Obsidian Energy is $9.08/share. The forecasts range from a low of $7.02 to a high of $10.22. The average price target represents an increase of 120.28% from its latest reported closing price of $4.12 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Obsidian Energy is 1,742MM, an increase of 138.24%. The projected annual non-GAAP EPS is 4.95.
What is the Fund Sentiment?
There are 141 funds or institutions reporting positions in Obsidian Energy. This is an increase of 1 owner(s) or 0.71% in the last quarter. Average portfolio weight of all funds dedicated to OBE is 0.02%, an increase of 6.25%. Total shares owned by institutions increased in the last three months by 9.65% to 13,259K shares. 
The put/call ratio of OBE is 0.19, indicating a bullish outlook.
What are Other Shareholders Doing?
Arrowstreet Capital, Limited Partnership holds 2,105K shares representing 2.86% ownership of the company. In its prior filing, the firm reported owning 1,545K shares , representing an increase of 26.61%. The firm increased its portfolio allocation in OBE by 33.94% over the last quarter.
American Century Companies holds 997K shares representing 1.35% ownership of the company. In its prior filing, the firm reported owning 1,011K shares , representing a decrease of 1.39%. The firm increased its portfolio allocation in OBE by 2.13% over the last quarter.
AVDV - Avantis International Small Cap Value ETF holds 886K shares representing 1.20% ownership of the company. In its prior filing, the firm reported owning 893K shares , representing a decrease of 0.74%. The firm decreased its portfolio allocation in OBE by 14.09% over the last quarter.
CIBC World Markets holds 851K shares representing 1.15% ownership of the company. In its prior filing, the firm reported owning 2,523K shares , representing a decrease of 196.59%. The firm decreased its portfolio allocation in OBE by 64.49% over the last quarter.
Goldman Sachs Group holds 841K shares representing 1.14% ownership of the company. In its prior filing, the firm reported owning 622K shares , representing an increase of 26.00%. The firm decreased its portfolio allocation in OBE by 64.06% over the last quarter.
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