UBS Reiterates Buy Rating on Liberty Energy Inc (LBRT)

UBS analyst Josh Silverstein reiterated a Buy rating and $40.00 price target on Liberty Energy Inc (NYSE: LBRT).

The analyst commented, "We see LBRT's frac unit benefiting from strong utilization during 2Q26, driving 8% Q/Q top-line growth and EBITDA $2mm ahead of Street. While the long-term frac outlook has drawn concerns amidst recent oil price volatility, we still see pricing improvements for 2H26+ vs. trough levels in 1Q26. For LPI, we look for an update across its planned power offtake agreements, along with the pace of capacity received from its suppliers. We look for a 2H26 offtake agreement, combined with frac pricing improvements, to serve as a key catalyst to drive the stock higher. We reiterate our Buy Rating and $40 PT."

For an analyst ratings summary and ratings history on Liberty Energy Inc click here. For more ratings news on Liberty Energy Inc click here.

Shares of Liberty Energy Inc closed at $27.25 yesterday.

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