Santos Limited (ASX:STO)
Australia flag Australia · Delayed Price · Currency is AUD
9.02
-0.16 (-1.74%)
Oct 28, 2026, 4:12 PM AEDT

Santos Stock Forecast

Stock Price Forecast

According to 14 analysts polled by S&P Global, Santos stock has a consensus rating of "Buy" and an average price target of $9.52. The average 1-year stock price forecast is 5.52% higher than the current stock price, while the lowest is $8.06 (-10.67%) and the highest is $11.09 (+22.95%).

Price Target: $9.52 (+5.52%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$8.06$9.52$9.45$11.09
Change-10.67%+5.52%+4.75%+22.95%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy666777
Buy445555
Hold221112
Sell000000
Strong Sell000000
Total121212131314

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Buy
Maintains
$9.31
BuyMaintains$9.31+3.22%Oct 23, 2026
Unknown Analyst
Ord Minnett
No rating
Ord Minnett
Hold
Maintains
$8.20 → $8.40
HoldMaintains$8.20 → $8.40-6.87%Oct 23, 2026
UBS
UBS
Buy
Maintains
$9.50
BuyMaintains$9.50+5.32%Oct 23, 2026
Citi
Citi
Buy
Maintains
$9.35 → $9.80
BuyMaintains$9.35 → $9.80+8.65%Oct 22, 2026
Unknown Analyst
Macquarie
No rating
Macquarie
Buy
Maintains
$9.50
BuyMaintains$9.50+5.32%Oct 22, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
7.09B
from 4.94B
Increased by 43.61%
Revenue Next Year
7.97B
from 7.09B
Increased by 12.44%
EPS This Year
0.54
from 0.28
Increased by 94.05%
EPS Next Year
0.69
from 0.54
Increased by 28.36%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
4.71B7.79B5.89B5.38B4.94B7.09B
Revenue Growth
39.15%65.29%-24.40%-8.63%-8.21%43.61%
Operating Income
1.31B3.04B1.78B1.55B1.13B2.78B
Net Income
658.00M2.11B1.42B1.22B818.00M1.69B
EPS
----0.280.54
EPS Growth
-----25.34%94.05%
Forward PE
8.376.7311.3710.4511.4911.80
Dividend / Share
0.140.230.260.230.240.33
Dividend Growth
97.18%62.14%15.42%-11.07%1.72%40.76%
Free Cash Flow
----757.00M1.52B
No. Analysts
-----12
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High7.7B
Avg7.1B
Low6.6B

Revenue Growth

Revenue Growth202620272028
High
56.5%
Avg
43.6%
Low
34.2%

EPS Forecast

EPS202620272028
High0.66
Avg0.54
Low0.45

EPS Growth

EPS Growth202620272028
High
139.9%
Avg
94.1%
Low
63.9%