Kimbell Royalty Partners, LP (KRP) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$14.52
Price Target
$17.00
Target Range
$17.00 — $17.00
Analyst Rating
Buy
Forward P/E15.8x
Trailing P/E31.6x
Forward PEG—
Implied Growth+93.5%
Median Target$17.00
Analyst Spread0.0%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$17
+17.1%
Consensus
$17
+17.1%
Bull Case
$17
+17.1%
KRP Price Target Analysis
Updated May 8, 2026As of May 8, 2026, Kimbell Royalty Partners, LP (KRP) has a Wall Street consensus price target of $17.00, based on estimates from 18 covering analysts. With the stock currently trading at $14.52, this represents a potential upside of +17.1%. The company has a market capitalization of $1.37B.
Analyst price targets range from a low of $17.00 to a high of $17.00, representing a 0% spread in expectations. The median target of $17.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 13 analysts rating the stock as a Buy or Strong Buy,4 rating it Hold, and 1 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, KRP trades at a trailing P/E of 31.6x and forward P/E of 15.8x. Analysts expect EPS to grow +93.5% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Energy stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+23.3%
Avg Forward P/E14.5x
Peers with Coverage9 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 VNOMViper Energy, Inc. | $17.6B | $46.98 | $54.20 | +15.4% | Buy | 20.7x | 42 |
 TPLTexas Pacific Land Corporation | $27.5B | $399.36 | $639.00 | +60.0% | Buy | 41.8x | 5 |
 DMLPDorchester Minerals, L.P. | $1.3B | $26.08 | — | — | — | — | — |
 BSMBlack Stone Minerals, L.P. | $2.8B | $13.35 | $17.33 | +29.8% | Buy | 14.7x | 16 |
 NOGNorthern Oil and Gas, Inc. | $2.5B | $23.94 | $29.00 | +21.1% | Buy | 6.8x | 13 |
 TPVGTriplePoint Venture Growth BDC Corp. | $243M | $5.99 | $8.95 | +49.4% | Hold | 6.5x | 12 |
 CTRACoterra Energy Inc. | $24.7B | $32.55 | $34.00 | +4.5% | Buy | 11.5x | 55 |
 EOGEOG Resources, Inc. | $69.7B | $130.89 | $137.93 | +5.4% | Buy | 9.1x | 66 |
 DVNDevon Energy Corporation | $28.2B | $45.35 | $53.78 | +18.6% | Buy | 8.6x | 64 |
 FANGDiamondback Energy, Inc. | $53.6B | $190.44 | $201.27 | +5.7% | Buy | 10.7x | 51 |
Upside Potential Comparison
TPLTPVGBSMNOGDVNVNOMFANGEOGSee KRP's True Return
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Start ComparisonKRP — Frequently Asked Questions
Quick answers to the most common questions about buying KRP stock.
What is the KRP stock price target for 2026?
Kimbell Royalty Partners, LP (KRP) has a consensus 12-month price target of $17, implying 17.1% upside from $14.52. The 18 analysts covering KRP see moderate appreciation potential.
Is KRP a buy, sell, or hold?
KRP has a consensus rating of "Buy" based on 18 Wall Street analysts. The rating breakdown is predominantly bullish, with 13 Buy/Strong Buy ratings. The consensus 12-month price target of $17 implies 17.1% upside from current levels.
Is KRP stock overvalued or undervalued?
With a forward P/E of 15.8049x, KRP trades at a relatively low valuation. The consensus target of $17 implies 17.1% appreciation, suggesting meaningful undervaluation.
How high can KRP stock go?
The most bullish Wall Street analyst has a price target of $17 for KRP, while the most conservative target is $17. The consensus of $17 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover KRP stock?
KRP is well covered by analysts, with 18 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 12 have Buy ratings, 4 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the KRP stock forecast?
The 12-month KRP stock forecast based on 18 Wall Street analysts shows a consensus price target of $17, with estimates ranging from $17 (bear case) to $17 (bull case). The median consensus rating is "Buy".
What is KRP's forward P/E ratio?
KRP trades at a forward P/E ratio of 15.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 31.6x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy KRP stock?
Wall Street analysts are optimistic on KRP, with a "Buy" consensus rating and $17 price target (17.1% upside). 13 of 18 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do KRP price targets vary so much?
KRP analyst price targets range from $17 to $17, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $17 consensus represents the middle ground.