LandBridge Company (LB) Price Target Trimmed by Analyst

Core Insights - LandBridge Company LLC (NYSE:LB) experienced a significant share price decline of 12.11% from November 19 to November 26, 2025, ranking among the energy stocks that lost the most during that week [1] Financial Performance - In Q3, LandBridge reported an EPS of $0.24, which was $0.27 below estimates, while revenue reached $50.8 million, reflecting a 78% year-over-year increase and exceeding expectations due to growth across all key revenue streams and a high-margin, asset-light business model [3] - Wells Fargo slightly reduced its price target for LandBridge from $91 to $90 but maintained an 'Overweight' rating, citing a strong Q3 performance and improved visibility for 2026, particularly highlighting the growth outlook for surface-use royalty and regional data center momentum [2] Analyst Ratings and Market Reactions - Following the Q3 report, Janney Montgomery Scott downgraded LandBridge from 'Buy' to 'Neutral' on November 13, while increasing its fair value estimate from $63 to $74 [4] - The company faced additional pressure on November 14 after announcing a public offering of 2.5 million Class A shares at $71 per share [4]