Ranger Investment Management L.P. Invests $1.46 Million in Fervo Energy Company $FRVO

Posted by Alanna Baker on Aug 24th, 2026

Ranger Investment Management L.P. bought a new stake in Fervo Energy Company (NASDAQ:FRVO – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 49,772 shares of the company’s stock, valued at approximately $1,455,000.

Wall Street Analysts Forecast Growth

Several research analysts have commented on FRVO shares. Guggenheim raised Fervo Energy to a “strong-buy” rating and set a $48.00 price target on the stock in a research report on Monday, June 8th. Royal Bank Of Canada reissued an “outperform” rating and issued a $46.00 price objective on shares of Fervo Energy in a report on Tuesday, June 23rd. HC Wainwright restated a “buy” rating on shares of Fervo Energy in a research report on Wednesday, May 27th. Zacks Research upgraded shares of Fervo Energy to a “hold” rating in a research report on Tuesday, June 9th. Finally, Sanford C. Bernstein began coverage on shares of Fervo Energy in a report on Tuesday, June 23rd. They issued an “outperform” rating and a $47.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Fervo Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $44.00.

View Our Latest Stock Analysis on FRVO

Fervo Energy Price Performance

Shares of FRVO opened at $16.92 on Monday. Fervo Energy Company has a fifty-two week low of $16.51 and a fifty-two week high of $42.65. The business’s 50-day simple moving average is $25.81.

Fervo Energy (NASDAQ:FRVO – Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The company reported ($0.38) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.29). The company had revenue of $0.11 million during the quarter. On average, sell-side analysts anticipate that Fervo Energy Company will post -0.42 EPS for the current year.

Fervo Energy Profile

(Free Report)

Fervo Energy Company is a geothermal energy developer, builds, owns and operates geothermal power facilities. Fervo Energy Company is based in Houston, Texas.