Citi, Goldman and UBS Lift Liberty Energy Targets Ahead of 3GW Milestone
Citi lifted Liberty Energy’s price target to $32 from $21 while Goldman Sachs raised its target to $26 and UBS to $34, reflecting confidence in exceeding a 3GW capacity by 2029. A five-year deal with Vantage Data Centers secures 1GW of power capacity, bolstering its data center power solutions.
1. Price Target Increases
Citi raised its price target to $32 from $21, Goldman Sachs lifted its target to $26 from $20 and UBS boosted its target to $34 from $23, reflecting growing confidence in Liberty Energy’s power solutions segment.
2. 3GW Capacity Outlook
Analysts cited strong demand from hyperscale customers and competitive positioning in affordable residential utility services as key drivers for exceeding the company’s 2029 goal of deploying 3GW of power capacity.
3. Vantage Data Centers Agreement
A five-year agreement with Vantage Data Centers secures 1GW of power capacity for data center clients, underpinning the momentum of the company’s distributed power delivery strategy over the next five years.