ERock, Inc. (NYSE:EROC) Stock Has Consensus Target Price of $21.75 According to Brokerages

Shares of ERock, Inc. (NYSE:EROC) have been assigned an average recommendation of “Moderate Buy” from the ten analysts that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, seven have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $21.62.

Several equities analysts have commented on the company. Morgan Stanley increased their target price on ERock from $21.00 to $23.00 and gave the company an “overweight” rating in a research report on Monday, August 17th. Weiss Ratings began coverage on ERock in a report on Friday, September 4th. They set a “sell (e-)” rating on the stock. Barclays lowered their price objective on ERock from $23.00 to $22.00 and set an “overweight” rating for the company in a research note on Friday. JPMorgan Chase & Co. decreased their price target on shares of ERock from $21.00 to $18.00 and set an “overweight” rating for the company in a research report on Monday, October 19th. Finally, Guggenheim dropped their price target on shares of ERock from $23.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday, September 2nd.

ERock Stock Up 1.2%

Shares of EROC traded up $0.10 during mid-day trading on Friday, reaching $8.44. The company had a trading volume of 2,456,616 shares, compared to its average volume of 3,105,437. The business’s 50 day moving average price is $10.63. The company has a market cap of $406.55 million and a P/E ratio of -140.67. ERock has a 1-year low of $6.41 and a 1-year high of $20.70.

ERock (NYSE:EROC) last released its quarterly earnings data on Thursday, November 12th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.05. The firm had revenue of $152.77 million for the quarter. On average, analysts anticipate that ERock will post -0.32 earnings per share for the current year.

Key ERock News

Investors following EROC have been watching these news items:

• Positive Sentiment: Management forecast Q4 revenue of $211 million–$240 million and said Atlas capacity is expected to reach 900 MW by the first half of 2028, pointing to a substantial growth pipeline. Q4 outlook and Atlas capacity
• Neutral Sentiment: ERock’s full-year 2026 revenue guidance of $435 million–$465 million brackets analyst consensus of $452.7 million, leaving the outlook broadly in line with expectations. Q3 results and guidance
• Negative Sentiment: Despite the adjusted EPS beat, ERock’s GAAP EPS was a loss of $0.31, missing the cited estimate by $0.29. The ongoing GAAP loss may temper enthusiasm about the growth outlook. GAAP EPS results

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Wellington Management Group LLP bought a new stake in ERock in the second quarter worth approximately $7,228,000. BlueCrest Capital Management Ltd bought a new stake in shares of ERock in the 2nd quarter valued at $2,900,000. Value Aligned Research Advisors LLC bought a new stake in shares of ERock in the 2nd quarter valued at $19,516,000. CenterBook Partners LP bought a new stake in shares of ERock in the 3rd quarter valued at $3,134,000. Finally, Kayne Anderson Capital Advisors LP acquired a new position in shares of ERock during the 2nd quarter valued at $710,000.

ERock Company Profile

ERock, formally Eagle Rock Energy Partners, L.P., was a Houston-based master limited partnership focused on natural gas and oil. Its businesses included midstream services such as gathering, processing and treating natural gas, as well as exploration and production activities. The partnership operated assets in several U.S. regions, including the Permian Basin and Gulf Coast. In 2014, it sold its upstream business to Vanguard Natural Resources and its remaining midstream operations to Regency Energy Partners, ending its operations as an independent company.