Fervo Energy (NASDAQ:FRVO) Upgraded to “Strong-Buy” at Piper Sandler

Posted by Geri Gentry on Jun 9th, 2026

Fervo Energy (NASDAQ:FRVO – Get Free Report) was upgraded by equities researchers at Piper Sandler to a “strong-buy” rating in a research note issued on Sunday,Zacks.com reports.

A number of other research firms have also issued reports on FRVO. Jefferies Financial Group started coverage on Fervo Energy in a research report on Wednesday, May 27th. They set a “hold” rating and a $42.00 price objective for the company. HC Wainwright reiterated a “buy” rating on shares of Fervo Energy in a research report on Wednesday, May 27th. William Blair started coverage on Fervo Energy in a research report on Monday. They set an “outperform” rating and a $43.00 price target for the company. Wall Street Zen upgraded Fervo Energy to a “hold” rating in a research report on Saturday, May 16th. Finally, Barclays started coverage on Fervo Energy in a research report on Monday. They set an “overweight” rating and a $47.00 price target for the company. Six investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $45.80.

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