Fervo Energy (NASDAQ:FRVO) Upgraded by Roth Mkm to Strong-Buy Rating

Posted by Stanley Muller on Jun 13th, 2026

Roth Mkm upgraded shares of Fervo Energy (NASDAQ:FRVO – Free Report) to a strong-buy rating in a research note published on Thursday morning,Zacks.com reports.

Several other research firms also recently commented on FRVO. William Blair assumed coverage on shares of Fervo Energy in a research note on Monday. They set an “outperform” rating and a $43.00 price objective for the company. Wolfe Research initiated coverage on shares of Fervo Energy in a report on Monday, June 8th. They set a “peer perform” rating for the company. Wall Street Zen raised shares of Fervo Energy to a “hold” rating in a report on Saturday, May 16th. Royal Bank Of Canada initiated coverage on shares of Fervo Energy in a report on Monday, June 8th. They set an “outperform” rating and a $46.00 target price for the company. Finally, JPMorgan Chase & Co. initiated coverage on shares of Fervo Energy in a report on Monday, June 8th. They set an “overweight” rating and a $47.00 target price for the company. Three investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $45.67.

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