Update shared on 04 Nov 2025
Fair value Decreased 0.40%The consensus analyst price target for Range Resources has softened slightly, dropping from $41.96 to $41.79 per share. Analysts point to persistent commodity headwinds and near-term challenges in natural gas markets as key drivers of the revision.
Analyst Commentary
Recent research updates on Range Resources reflect a mix of optimistic and cautious perspectives among analysts. Their outlooks are shaped by evolving conditions in the natural gas market, company operational trends, and expectations for future growth.
Bullish Takeaways- Bullish analysts see the potential for a structural shift in U.S. gas markets over the next decade. This shift could support higher price floors and improve the risk/reward profile for equity holders.
- Growing U.S. gas demand, fueled by increased LNG exports and rising power requirements from data centers, is expected to benefit Range Resources in the medium to long term.
- Steady production growth toward targeted levels is viewed as a positive for the company's future earnings base and potential valuation multiple expansion.
- Optionality around stock buybacks and new commercial opportunities in power are seen as supportive factors for shareholder returns and enhanced growth prospects.
- Bearish analysts express concern over persistent commodity headwinds. Weak gas and NGL realizations are likely to limit near-term cash flow generation and put pressure on consensus estimates.
- Oversupply conditions in the gas market may weigh on Henry Hub gas prices well into 2026, which could challenge the outlook for price improvement and sector performance.
- Some analysts cite that, despite operational execution, weak supply and demand fundamentals could constrain upside for gas-exposed companies like Range Resources.
- Recent target price reductions indicate uncertainty around the timing of margin recovery and sustained improvement in commodity pricing.
What's in the News
- Wells Fargo initiated coverage on Range Resources with an Overweight rating and $46 price target. The report cites potential structural change in U.S. gas markets and growing demand from LNG exports and datacenters (Wells Fargo).
- Range Resources reported third quarter 2025 results, with daily natural gas production increasing to 141,133,949 Mcf from 138,193,783 Mcf year-over-year. NGL and oil production saw slight declines (Company Announcement).
- The company completed a share repurchase of 1,580,711 shares during the third quarter 2025 for $56.25 million. This brings total buybacks to 31,625,711 shares since 2019 (Company Filing).
- Annual production guidance for 2025 was updated to approximately 2.23 Bcfe per day, modestly above previous expectations (Company Guidance).
Valuation Changes
- Consensus Analyst Price Target has decreased slightly, moving from $41.96 to $41.79 per share.
- Discount Rate has risen marginally, increasing from 6.88% to 6.90%.
- Revenue Growth expectations have declined modestly, from 12.54% to 12.07%.
- Net Profit Margin has fallen, shifting from 21.31% to 20.43%.
- Future P/E has edged down slightly, moving from 13.80x to 13.75x.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.