NYSE: LBRT · Oil & Gas Equipment & Services
Liberty Energy (LBRT) fair value: undervalued or overvalued?
As of 26 Sep 2026, Faircurve's model values Liberty Energy (LBRT) at $18.48 a share. The stock last closed at $19.31, which puts the model's fair value 4.3% below the price. On the model's bands that reads as Fairly valued.
Revalued . Price is the close of 2 Oct 2026. Liberty Energy Inc.
Faircurve Insights · 26 Sep 2026
Liberty Energy Inc. operates across North America, delivering crucial hydraulic fracturing and wireline services, along with associated products, to land-based companies focused on oil and natural gas exploration and production.
On 26 Sep 2026, Faircurve's model gave a fair value of $18.48 a share, the midpoint of 2,000 simulations. This fair value moved -3.3% from $19.11 on 19 Sep 2026. The model's calibrated range over 63 trading days was $15.50 to $22.53, built from the fair value, and held the price 60% of the time at this horizon. The model's evidence grade for this valuation was Medium.
The company's overall quality score was 25 out of 100 against comparable companies, with profitability at 14 and earnings quality at 20. The model compared it with Tidewater Inc., Cactus, Inc., Oceaneering International, Inc., Innovex International, Inc., Archrock, Inc., Kodiak Gas Services, Inc., and Weatherford International plc. The stock's median move around its last 8 earnings reports was 12.7%, ignoring direction.
Written from the figures on this page for the 26 Sep 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
What price range does the model give LBRT?
The calibrated range for LBRT over 63 trading days is $15.50 to $22.53. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,327 past valuations, refreshed 26 Sep 2026). Ranges built this way held the price 60% of the time at this horizon.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $10.98 to $28.69. In 48% of the simulations the fair value came out above the price the model ran on.
How does LBRT score on business quality?
Liberty Energy's overall quality score is 25 out of 100. Each factor below is a score against comparable companies, not a percentile of the metric beside it.
| Factor | Score (0 to 100) | Headline measure | Peer median |
|---|---|---|---|
| ProfitabilityReturn on invested capital against the peer group, with a bonus for an improving trend. | 14 | 0.8%ROIC | 7.6% |
| Earnings qualityHow much of reported profit is cash: free cash flow to net income, and the accrual ratio (the share of earnings that is not cash). | 20 | -2.59xFCF / net income | 1.87x |
| Growth qualityTrailing revenue growth, forward growth from consensus, and the direction of analyst estimate revisions. | 42 | -7.2%Revenue growth, trailing | 12.8% |
| Capital disciplineReinvestment efficiency (capital spending per unit of revenue) and net buybacks. | 21 | 0.0%Net buybacks / market value | 0.1% |
| Balance sheetNet debt to EBITDA and interest coverage. | 45 | 1.72xNet debt / EBITDA | 0.71x |
| StabilityDownside volatility of the EBITDA margin over the last five years. | 17 | 6.0 ptsEBITDA margin downside volatility, 5y | 4.2 pts |
How does LBRT compare with similar companies?
The companies in oil & gas equipment & services closest to Liberty Energy in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| TDW Tidewater Inc. | $82.42 | $83.54 | +1.4% | Fairly valued |
| WHD Cactus, Inc. | $63.44 | $63.89 | +0.7% | Fairly valued |
| OII Oceaneering International, Inc. | $44.32 | $41.77 | -5.8% | Fairly valued |
| INVX Innovex International, Inc. | $27.31 | $24.78 | -9.3% | Fairly valued |
| AROC Archrock, Inc. | $30.33 | $28.27 | -6.8% | Fairly valued |
| KGS Kodiak Gas Services, Inc. | $54.33 | $54.08 | -0.5% | Fairly valued |
| WFRD Weatherford International plc | $79.72 | $104.42 | +31.0% | Undervalued |
| AESI Atlas Energy Solutions Inc. | $12.04 | $8.08 | -32.9% | Low evidence grade |
All oil & gas equipment & services stocks ranked by gap to fair value
When does LBRT report earnings, and how has the stock reacted?
Liberty Energy's next earnings report is scheduled for 15 Oct 2026. Companies can move their dates.
Options prices on 2 Oct 2026 imply a move of about 9.3% in either direction through the nearest expiry, about 13 days out, a window that includes the report. That is the size the market is pricing, not a direction.
How LBRT moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 12.7%.
| Report date | Two session move |
|---|---|
| 22 Jul 2026 | -21.1% |
| 22 Apr 2026 | +14.1% |
| 28 Jan 2026 | +14.2% |
| 16 Oct 2025 | +24.1% |
| 24 Jul 2025 | -0.8% |
| 16 Apr 2025 | +11.3% |
| 29 Jan 2025 | -4.3% |
| 16 Oct 2024 | -7.6% |
Liberty Energy at a glance
Liberty Energy Inc. operates across North America, delivering crucial hydraulic fracturing and wireline services, along with associated products, to land-based companies focused on oil and natural gas exploration and production.
- Market value
- $3.1B
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Revenue expected, next twelve months
- $4.9B
- Consensus revenue growth, next fiscal year
- +14.4%
- Analysts with estimates
- 5
- Beta to the US market
- 1.55
- First valued by Faircurve
- 11 Jul 2026
How the fair value is worked out: the model prices Liberty Energy on the value of the whole business, debt included, against the operating profit analysts expect next year (forward EV/EBITDA), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 19 Sep 2026 the model's fair value for LBRT was $19.11. As of 26 Sep 2026 it is $18.48, a change of -3.3%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Liberty Energy's valuation
Is Liberty Energy stock undervalued or overvalued?
On Faircurve's model, LBRT reads as Fairly valued as of 26 Sep 2026. The model's fair value is $18.48 a share against a last close of $19.31, a gap of -4.3%.
What is LBRT's fair value?
$18.48 a share as of 26 Sep 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $10.98 to $28.69.
What price range does the model give LBRT?
$15.50 to $22.53 over 63 trading days. Ranges built this way held the price 60% of the time across 4,327 past valuations, refreshed 26 Sep 2026.
When does Liberty Energy report earnings next?
The next report is scheduled for 15 Oct 2026. Companies can move their dates.
How much has LBRT moved on past earnings reports?
Across its last 8 reports the median two session move was 12.7%, ignoring direction. The largest was +24.1% around the report of 16 Oct 2025.
How confident is the model in this valuation?
The model's evidence grade for LBRT is medium. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It is not a probability that the fair value is right, or that the price reaches it.