Santos Limited (ASX:STO)
Australia flag Australia · Delayed Price · Currency is AUD
8.54
-0.02 (-0.23%)
Oct 7, 2026, 4:10 PM AEST

Santos Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, Santos stock has a consensus rating of "Buy" and an average price target of $9.44. The average 1-year stock price forecast is 10.54% higher than the current stock price, while the lowest is $8.11 (-5.04%) and the highest is $11.35 (+32.90%).

Price Target: $9.44 (+10.54%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$8.11$9.44$9.11$11.35
Change-5.04%+10.54%+6.67%+32.90%

Analyst Ratings

The average analyst rating for Santos stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy666677
Buy444555
Hold222111
Sell000000
Strong Sell000000
Total121212121313

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
Macquarie
No rating
Macquarie
Buy
Maintains
$9.35
BuyMaintains$9.35+9.48%Sep 28, 2026
Bernstein
Bernstein
Buy
Maintains
$8.90 → $10.10
BuyMaintains$8.90 → $10.10+18.27%Sep 14, 2026
Citi
Citi
Buy
Maintains
$9.00 → $9.35
BuyMaintains$9.00 → $9.35+9.48%Sep 8, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$7.67 → $8.30
BuyMaintains$7.67 → $8.30-2.81%Sep 1, 2026
Unknown Analyst
Ord Minnett
No rating
Ord Minnett
Hold
Maintains
$7.60 → $7.90
HoldMaintains$7.60 → $7.90-7.49%Aug 20, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
6.88B
from 4.94B
Increased by 39.31%
Revenue Next Year
7.26B
from 6.88B
Increased by 5.57%
EPS This Year
0.49
from 0.28
Increased by 76.06%
EPS Next Year
0.52
from 0.49
Increased by 7.62%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
4.71B7.79B5.89B5.38B4.94B6.88B
Revenue Growth
39.15%65.29%-24.40%-8.63%-8.21%39.31%
Operating Income
1.31B3.04B1.78B1.55B1.13B2.56B
Net Income
658.00M2.11B1.42B1.22B818.00M1.40B
EPS
----0.280.49
EPS Growth
-----25.34%76.06%
Forward PE
8.376.7311.3710.4511.4912.19
Dividend / Share
0.140.230.260.230.240.33
Dividend Growth
97.18%62.14%15.42%-11.07%1.72%39.99%
Free Cash Flow
----757.00M1.59B
No. Analysts
-----12
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High7.8B
Avg6.9B
Low6.3B

Revenue Growth

Revenue Growth202620272028
High
58.3%
Avg
39.3%
Low
26.9%

EPS Forecast

EPS202620272028
High0.68
Avg0.49
Low0.35

EPS Growth

EPS Growth202620272028
High
146.9%
Avg
76.1%
Low
26.6%