Morgan Stanley Reiterates Buy Rating on VNOM

Morgan Stanley maintains its buy rating on VNOM with a $46 target, a 8.46% upside from the current price.

Key Points

  • Morgan Stanley reiterated its buy rating on VNOM, setting a $46 price target on June 29, 2026.
  • Morgan Stanley's $46 price target implies 8.46% upside from Viper Energy, Inc.'s ($VNOM) current $42.41 share price.
  • Shares of VNOM traded at $42.57 on Monday, with several institutional investors adjusting their positions.
  • Recent insider activity includes multiple purchases on May 19, 2026, while analysts maintain optimistic ratings.

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Morgan Stanley has reiterated its buy rating on VNOM, setting a price target of $46. This reaffirmation came on June 29, 2026, from analyst Devin McDermott. The investment bank continues to view VNOM positively, maintaining its stance on the stock.

Analyst rating track record

Morgan Stanley vs. the S&P 500

YTD return +40.15% hypothetical
All-time return +36.50% S&P 500 +33.97%
vs. S&P 500 +2.53% ahead of the index

Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.

Other Institutional Activity in VNOM

Several institutional investors have made adjustments to their holdings in VNOM. Capital World Investors increased its stake by 11,100,936 shares, now holding 24,017,493 shares valued at about $1.13 billion, marking an 85.9% increase. BlackRock, Inc. also boosted its position by 2,618,153 shares to 17,468,606 shares, worth approximately $820.8 million, representing a 17.6% increase. Wellington Management Group LLP added 119,830 shares, bringing its total to 11,611,364 shares valued at $545.6 million, a modest 1.0% increase. Meanwhile, Vanguard Portfolio Management LLC opened a new position with 9,373,230 shares valued at $440.4 million. Price T Rowe Associates Inc /MD/ slightly trimmed its holdings by 299,937 shares, now owning 9,112,072 shares worth $428.2 million, a 3.2% decrease.

Viper Energy, Inc. Stock Down 4.0%

On Monday, VNOM shares traded at $42.57. The stock's recent movements have been influenced by various institutional activities and analyst ratings. VNOM remains a point of interest for investors looking to track energy sector trends and investment opportunities.

12-month forecast

$VNOM price target

Past daily closes and this analyst's 12-month price target. Not investment advice.

Insider Buying and Selling at Viper Energy, Inc.

On May 19, 2026, several insiders, including Spencer Armour III, Frank Hu, Laurie Argo, Steven West, William Wesley Perry, and James Rubin, each purchased 3,612 shares. These transactions were not part of a pre-planned trading program.

Analysts Set New Price Targets

Morgan Stanley, on June 29, 2026, maintained its buy rating for VNOM with a $46 price target. In May, RBC Capital initiated coverage with a buy rating and a $58 target. Mizuho, Barclays, and Raymond James all maintained buy ratings with targets ranging from $58 to $61. Wells Fargo also held its buy rating with a $61 target, while Keybanc set a $65 target in April. The consensus among analysts remains bullish, with a strong buy recommendation and an average price target reflecting optimism in VNOM's future performance.

Bottom Line

Morgan Stanley's reiteration of a buy rating on VNOM with a $46 target underscores ongoing confidence in the stock. Institutional investors are actively adjusting their positions, reflecting varied strategies in response to market conditions. With insider purchases and positive analyst ratings, VNOM continues to be a focal point for investors tracking the energy sector.

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