Raymond James Starts Infinity Natural Resources (INR) at Strong Buy

Raymond James analyst John Freeman initiates coverage on Infinity Natural Resources (NYSE: INR) with a Strong Buy rating and a price target of $30.00.

The analyst comments "Infinity Natural Resources is bringing some excitement back to the E&P space as the lone wolf in the sector with outsized organic growth. INR is not your pre-COVID version of a small-cap growth company. We believe this company will be able to grow production nearly 40% this year and ~30% next year, while holding basically zero debt and increasing free cash flow dramatically. We see FCF/EV at ~10% in 2026 and ~17% in 2027. There’s not a good public comp for INR given the asset base and outsized growth rate, but as we detail in the report, they screen attractively on multiple valuation metrics (EV/EBITDA, FCF/EV, etc.) relative to the broader peer group. INR’s unparalleled growth trajectory, high-return drilling inventory, bulletproof balance sheet, and attractive valuation (3.4x EV/2026E EBITDA) lead us to initiate with a Strong Buy rating and target price of $30/share."

For an analyst ratings summary and ratings history on Infinity Natural Resources click here. For more ratings news on Infinity Natural Resources click here.

Shares of Infinity Natural Resources closed at $19.13 yesterday.

You May Also Be Interested In

• Northland Starts Granite Ridge Resources (GRNT) at Outperform, 'Deep Discount & Moving to FCF+'
• Infinity Natural Resources (INR) PT Lowered to $26 at Raymond James
• Vera Therapeutics (VERA) Reiterated at Overweight by Cantor Fitzgerald on Trutakna Approval