CNOOC Limited (HKG:0883)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
25.18
+0.52 (2.11%)
Aug 21, 2026, 4:08 PM HKT

CNOOC Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, CNOOC stock has a consensus rating of "Buy" and an average price target of $32.58. The average 1-year stock price forecast is 29.39% higher than the current stock price, while the lowest is $17.59 (-30.14%) and the highest is $48.84 (+93.96%).

Price Target: $32.58 (+29.39%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$17.59$32.58$33.15$48.84
Change-30.14%+29.39%+31.65%+93.96%

Analyst Ratings

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

Recommendation Trends

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy9910101010
Buy444444
Hold111111
Sell000000
Strong Sell111111
Total151516161616

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
Macquarie
No rating
Macquarie
Sell
Maintains
$17.50
SellMaintains$17.50-30.50%Jul 27, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
n/a
BuyMaintainsn/an/aJul 1, 2026
DBS
DBS
Buy
Maintains
$34.50$30.00
BuyMaintains$34.50$30.00+19.14%Jun 22, 2026
Unknown Analyst
CLSA
No rating
CLSA
Buy
Maintains
$32.00$36.00
BuyMaintains$32.00$36.00+42.97%Jun 15, 2026
Unknown Analyst
Bank of China
No rating
Bank of China
Buy
Maintains
$32.28$34.69
BuyMaintains$32.28$34.69+37.77%Apr 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
485.71B
from 398.22B
Increased by 21.97%
Revenue Next Year
449.61B
from 485.71B
Decreased by -7.43%
EPS This Year
3.49
from 2.57
Increased by 35.96%
EPS Next Year
3.18
from 3.49
Decreased by -8.93%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
246.11B422.23B416.61B420.51B398.22B485.71B
Revenue Growth
58.40%71.56%-1.33%0.94%-5.30%21.97%
Operating Income
93.20B190.54B165.00B186.62B167.77B225.32B
Net Income
70.32B141.70B123.84B137.94B122.08B166.47B
EPS
----2.573.49
EPS Growth
-----11.38%35.96%
Forward PE
3.773.214.135.897.106.18
Dividend / Share
0.241.281.131.321.151.56
Dividend Growth
-35.50%424.80%-11.54%15.95%-12.57%35.81%
Free Cash Flow
43.99B88.06B63.86B56.45B74.52B134.72B
No. Analysts
-----14
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CNY.

Revenue Forecast

Revenue202620272028
High511.4B
Avg485.7B
Low450.7B

Revenue Growth

Revenue Growth202620272028
High
28.4%
Avg
22.0%
Low
13.2%

EPS Forecast

EPS202620272028
High3.94
Avg3.49
Low3.22

EPS Growth

EPS Growth202620272028
High
53.2%
Avg
36.0%
Low
25.3%