Liberty Energy Future Growth
Future criteria checks 1/6
Liberty Energy's earnings are forecast to decline at 32.7% per annum while its annual revenue is expected to grow at 12.5% per year. EPS is expected to decline by 28.5% per annum. Return on equity is forecast to be -0.3% in 3 years.
Key information
-32.7%
Earnings growth rate
-28.46%
EPS growth rate
| Energy Services earnings growth | 21.3% |
| Revenue growth rate | 12.5% |
| Future return on equity | -0.26% |
| Analyst coverage | Good |
| Last updated | 18 May 2026 |
Recent future growth updates
Recent updates
Seeking Alpha • May 10
Liberty Energy: Pricing Recovery And The LPI Programme Show An Interesting Future
Summary Liberty Energy is rated Buy, with a $42-$44/share target and a recommended accumulation range of $30-$35. LBRT’s DigiFleet and DigiPrime platforms provide a technological moat, driving efficiency and lower emissions in frac operations. The Liberty Power Innovations (LPI) segment targets data-center power infrastructure, offering higher multiples and long-term revenue visibility. Execution risk around LPI and leverage from a $1.3B convertible note are key factors to monitor as LBRT pivots to growth. Read the full article on Seeking Alpha
Narrative Update • May 01
LBRT: Future Returns Will Balance Power Buildout Execution And Geopolitical Volatility
Analysts have lifted the implied fair value estimate for Liberty Energy to $32.77 from $28.85, citing updated assumptions for faster revenue growth, a lower profit margin profile, and a much higher future P/E multiple, supported by a wave of recent price target increases from firms such as Goldman Sachs, BofA, Morgan Stanley, Barclays, UBS, Stifel, and RBC Capital. Analyst Commentary Recent Street research on Liberty Energy clusters around higher price targets and upgrades, with many analysts pointing to both the traditional oil and gas completions operations and the build out of the Power business as key drivers behind their refreshed views.
Narrative Update • Apr 17
LBRT: Power Expansion And Sector Dislocations Will Shape Future Earnings Mix
Analysts have lifted Liberty Energy's average price target by $4, citing recent research that points to potential opportunities from sector dislocations and continued progress in building out the Power business alongside traditional oil and gas operations. Analyst Commentary Recent Street research points to a clear shift toward a more constructive stance on Liberty Energy, with several bullish analysts lifting price targets and issuing upgrades alongside their outlooks on both the core oil and gas business and the emerging Power segment.
Narrative Update • Apr 02
LBRT: Power Buildout And Bond Funding Could Pressure Future Share Performance
Liberty Energy's analyst fair value estimate has shifted from $14.00 to $21.00 as analysts factor in higher Street price targets and see potential in the company's evolving mix between traditional oil and gas completions and its growing Power business, despite citing geopolitical risks and sector wide uncertainties. Analyst Commentary Recent Street research around Liberty Energy clusters around rising price targets and a growing focus on the Power segment, but views are not uniformly bullish.Narrative Update • Mar 19
LBRT: Future Returns Will Balance Data Center Power Buildout And Geopolitical Cyclicality
Analysts have nudged the fair value estimate for Liberty Energy higher, with the implied price target moving from about $25.17 to roughly $28.85. This points to increased confidence around the company’s evolving mix of oil and gas completions and its growing Power business, despite geopolitical noise.Narrative Update • Mar 05
LBRT: Power Buildout And Data Center Partnership Will Drive Future Earnings Mix
Analysts have nudged their average price target for Liberty Energy higher to about $30, pointing to confidence in the company's power growth plans and structural oilfield activity trends, even as they acknowledge ongoing geopolitical risks. Analyst Commentary Bullish analysts are leaning into Liberty Energy's long term power build out and the resilience they see in core oilfield activity, even as they flag ongoing geopolitical risks as a watchpoint rather than a thesis breaker.Analysis Article • Feb 12
Liberty Energy Inc.'s (NYSE:LBRT) 27% Price Boost Is Out Of Tune With Earnings
Liberty Energy Inc. ( NYSE:LBRT ) shares have continued their recent momentum with a 27% gain in the last month alone...Narrative Update • Feb 04
LBRT: Future Returns Will Balance Data Center Power And Oilfield Cyclicality
Liberty Energy's analyst fair value estimate has moved higher from about US$20.21 to roughly US$25.17 per share, as analysts point to updated expectations for revenue growth, profit margins, and sector-wide price target increases across recent research notes. Analyst Commentary Recent research updates cluster around higher price targets and an upgraded rating, which helps explain the lift in the aggregated fair value estimate to about US$25.17 per share.Analysis Article • Jan 24
Liberty Energy (NYSE:LBRT) Has Affirmed Its Dividend Of $0.09
Liberty Energy Inc. ( NYSE:LBRT ) has announced that it will pay a dividend of $0.09 per share on the 18th of March...Narrative Update • Jan 21
LBRT: Future Returns Will Balance Data Center Power Deals And Sector Cyclicality
Narrative Update Analysts have lifted their price targets on Liberty Energy by amounts such as $1 to $2, supporting a higher implied fair value from about $19.36 to $20.21 as they refresh assumptions around growth, margins, and future P/E for the oilfield services group. Analyst Commentary Recent research on Liberty Energy has focused on refreshed sector assumptions, updated EBITDA frameworks, and how far the current share price already reflects these changes.Narrative Update • Jan 06
LBRT: Future Returns Will Balance Distributed Power Strength With Completions Softness
Analysts have lifted their price target on Liberty Energy from US$18.00 to about US$19.36, citing updated assumptions for fair value, discount rate, revenue growth, profit margins and future P/E that take into account a still soft completions market, as well as expectations for activity and pricing pressure in the coming quarters. Analyst Commentary Bullish Takeaways Bullish analysts point to Liberty Energy’s exposure to distributed power as a key part of the investment case, arguing that this niche is already recognized in current pricing and could support the revised fair value assessment around US$19.36.Narrative Update • Dec 15
LBRT: Pressure Pumping Weakness Will Likely Drive Shares Lower
Analysts have trimmed their price target on Liberty Energy to $12.00 from $14.00, citing a still softening lower 48 completions market and expectations for further activity and pricing pressure in pressure pumping over the coming quarters. Analyst Commentary Bearish analysts have recently tempered their expectations for Liberty Energy, pointing to a more challenging backdrop in the U.S. completions market and growing concern that current valuations may not fully reflect mounting execution and pricing risks.Narrative Update • Dec 01
LBRT: Future Performance Will Reflect Distributed Power Momentum Versus Completions Weakness
Analysts have increased their fair value price target for Liberty Energy from $16.92 to $18.00 per share, citing improved revenue growth and expanding profit margins. This comes despite a softer market outlook for completions activity.Analysis Article • Nov 27
Liberty Energy (NYSE:LBRT) Has Announced That It Will Be Increasing Its Dividend To $0.09
The board of Liberty Energy Inc. ( NYSE:LBRT ) has announced that it will be paying its dividend of $0.09 on the 18th...Narrative Update • Nov 17
LBRT: Future Outlook Will Weigh Market Softness Against Distributed Power Potential
Liberty Energy's analyst price target was revised downward by $1.50 to $12.00, as analysts cite a softening completions market and limited near-term growth prospects in both activity and pricing. Analyst Commentary Analysts have provided a range of perspectives on Liberty Energy's recent performance and future outlook based on shifts in the completions market and changing company valuations.Narrative Update • Nov 03
LBRT: Softening Completions Market Will Pressure Shares Despite Sector Optimism
Liberty Energy's analyst price target has been revised downward from $14 to $12. This change reflects analysts' caution amid a softer completions market and fully valued shares, despite distributed power exposure.Analysis Article • Oct 24
Liberty Energy Inc. (NYSE:LBRT) Shares Fly 33% But Investors Aren't Buying For Growth
Liberty Energy Inc. ( NYSE:LBRT ) shares have had a really impressive month, gaining 33% after a shaky period...Narrative Update • Oct 20
Energy Demand And Power Solutions Will Shape Markets Amid Headwinds
Analysts have lowered their average price target for Liberty Energy from $14.61 to $14.15, citing a softer completions market as well as anticipated declines in activity and pricing over the coming quarters. Analyst Commentary Recent research updates reflect shifting perspectives on Liberty Energy’s prospects as the completions market softens and valuations recalibrate.Analysis Article • Sep 23
An Intrinsic Calculation For Liberty Energy Inc. (NYSE:LBRT) Suggests It's 44% Undervalued
Key Insights Liberty Energy's estimated fair value is US$20.80 based on 2 Stage Free Cash Flow to Equity Current share...Narrative Update • Sep 04
Energy Demand And Power Solutions Will Shape Markets Amid Headwinds
Analysts cite persistent industry headwinds—including weak oil prices, declining U.S. land activity, and subdued sector sentiment—as key factors limiting Liberty Energy’s near-term upside, with the consensus price target holding steady at $14.61. Analyst Commentary Broad industry crosscurrents, including oil price shocks, U.S. land deflation, sticky production, international deceleration, and a mixed offshore outlook, are pressuring market sentiment.Analysis Article • Sep 02
Liberty Energy (NYSE:LBRT) Has Affirmed Its Dividend Of $0.08
The board of Liberty Energy Inc. ( NYSE:LBRT ) has announced that it will pay a dividend on the 18th of September, with...Analysis Article • Aug 20
Here's Why Liberty Energy (NYSE:LBRT) Has A Meaningful Debt Burden
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Jul 19
Liberty Energy (NYSE:LBRT) Is Due To Pay A Dividend Of $0.08
Liberty Energy Inc.'s ( NYSE:LBRT ) investors are due to receive a payment of $0.08 per share on 18th of September...Analysis Article • Jul 11
Liberty Energy Inc.'s (NYSE:LBRT) Shares Lagging The Market But So Is The Business
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 19x, you may...Seeking Alpha • Apr 17
Liberty Energy: Q1-25 Beat And More Optimistic Than Expected Outlook, Stock Overdone To Downside
Summary Liberty Energy reported a strong Q1-25, beating revenue and EBITDA expectations by 2% and 7%, respectively, despite industry-wide challenges. Positive outlook, with sequential growth in revenue and profitability, anticipated for Q2-25, driven by higher utilization and excess demand for services. Shares have dropped 45% since the Q4-24, presenting a potentially oversold opportunity given the company's solid performance and outlook. LBRT trades near historically low levels at under 3x near year TEV/EBITDA, while maintaining their dividend and buying back shares. Read the full article on Seeking AlphaEarnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 5,612 | 78 | -779 | 592 | 5 |
| 12/31/2027 | 4,639 | 69 | -568 | 620 | 11 |
| 12/31/2026 | 4,316 | 66 | -491 | 537 | 8 |
| 3/31/2026 | 4,050 | 150 | -193 | 426 | N/A |
| 12/31/2025 | 4,006 | 148 | 14 | 610 | N/A |
| 9/30/2025 | 3,911 | 186 | -2 | 591 | N/A |
| 6/30/2025 | 4,102 | 217 | 143 | 784 | N/A |
| 3/31/2025 | 4,219 | 254 | 222 | 862 | N/A |
| 12/31/2024 | 4,315 | 316 | 178 | 829 | N/A |
| 9/30/2024 | 4,447 | 357 | 361 | 947 | N/A |
| 6/30/2024 | 4,524 | 431 | 386 | 978 | N/A |
| 3/31/2024 | 4,559 | 476 | 355 | 970 | N/A |
| 12/31/2023 | 4,748 | 556 | 411 | 1,015 | N/A |
| 9/30/2023 | 4,899 | 617 | 367 | 958 | N/A |
| 6/30/2023 | 4,871 | 615 | 320 | 839 | N/A |
| 3/31/2023 | 4,619 | 568 | 226 | 720 | N/A |
| 12/31/2022 | 4,149 | 400 | 78 | 530 | N/A |
| 9/30/2022 | 3,607 | 191 | -55 | 348 | N/A |
| 6/30/2022 | 3,073 | 5 | -120 | 236 | N/A |
| 3/31/2022 | 2,712 | -150 | -142 | 122 | N/A |
| 12/31/2021 | 2,471 | -179 | -63 | 135 | N/A |
| 9/30/2021 | 2,045 | -161 | -48 | 96 | N/A |
| 6/30/2021 | 1,538 | -156 | -77 | 24 | N/A |
| 3/31/2021 | 1,045 | -152 | 29 | 113 | N/A |
| 12/31/2020 | 966 | -116 | -18 | 85 | N/A |
| 9/30/2020 | 1,106 | -91 | -34 | 86 | N/A |
| 6/30/2020 | 1,474 | -45 | 125 | 260 | N/A |
| 3/31/2020 | 1,928 | 23 | 38 | 212 | N/A |
| 12/31/2019 | 1,990 | 39 | N/A | 261 | N/A |
| 9/30/2019 | 2,065 | 70 | N/A | 373 | N/A |
| 6/30/2019 | 2,109 | 93 | N/A | 340 | N/A |
| 3/31/2019 | 2,195 | 121 | N/A | 370 | N/A |
| 12/31/2018 | 2,155 | 126 | N/A | 351 | N/A |
| 9/30/2018 | 2,131 | 165 | N/A | 304 | N/A |
| 6/30/2018 | 2,014 | 195 | N/A | 259 | N/A |
| 3/31/2018 | 1,733 | 184 | N/A | 142 | N/A |
| 12/31/2017 | 1,490 | 169 | N/A | 195 | N/A |
| 9/30/2017 | 1,197 | 106 | N/A | 93 | N/A |
| 6/30/2017 | 857 | 25 | N/A | 12 | N/A |
| 3/31/2017 | 569 | -31 | N/A | 47 | N/A |
| 12/31/2016 | 375 | -61 | N/A | -41 | N/A |
| 9/30/2016 | 321 | -66 | N/A | -10 | N/A |
| 12/31/2015 | 455 | -9 | N/A | 6 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LBRT's earnings are forecast to decline over the next 3 years (-32.7% per year).
Earnings vs Market: LBRT's earnings are forecast to decline over the next 3 years (-32.7% per year).
High Growth Earnings: LBRT's earnings are forecast to decline over the next 3 years.
Revenue vs Market: LBRT's revenue (12.5% per year) is forecast to grow faster than the US market (11.7% per year).
High Growth Revenue: LBRT's revenue (12.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LBRT is forecast to be unprofitable in 3 years.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/24 14:37 |
| End of Day Share Price | 2026/05/22 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Liberty Energy Inc. is covered by 27 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Derek Podhaizer | Barclays |
| Sungeun Kim | Barclays |
| J. David Anderson | Barclays |