CNOOC Limited (HKG:0883)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
24.38
-0.64 (-2.56%)
Sep 11, 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 $31.62. The average 1-year stock price forecast is 29.70% higher than the current stock price, while the lowest is $17.54 (-28.06%) and the highest is $42.47 (+74.20%).

Price Target: $31.62 (+29.70%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$17.54$31.62$32.08$42.47
Change-28.06%+29.70%+31.58%+74.20%

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
Buy444445
Hold111110
Sell000000
Strong Sell111111
Total151516161616

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
Citic Securities
No rating
Citic Securities
Buy
Maintains
$32.00
BuyMaintains$32.00+31.26%Sep 10, 2026
DBS
DBS
Buy
Maintains
$30.00
BuyMaintains$30.00+23.05%Aug 27, 2026
Unknown Analyst
CICC
No rating
CICC
Buy
Maintains
$35.00
BuyMaintains$35.00+43.56%Aug 27, 2026
Unknown Analyst
Citi
No rating
Citi
Buy
Maintains
$33.00
BuyMaintains$33.00+35.36%Aug 26, 2026
Unknown Analyst
CLSA
No rating
CLSA
Buy
Maintains
$36.00
BuyMaintains$36.00+47.66%Aug 26, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
480.10B
from 398.22B
Increased by 20.56%
Revenue Next Year
445.09B
from 480.10B
Decreased by -7.29%
EPS This Year
3.41
from 2.57
Increased by 32.66%
EPS Next Year
3.07
from 3.41
Decreased by -9.96%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
246.11B422.23B416.61B420.51B398.22B480.10B
Revenue Growth
58.40%71.56%-1.33%0.94%-5.30%20.56%
Operating Income
93.20B190.54B165.00B186.62B167.77B220.31B
Net Income
70.32B141.70B123.84B137.94B122.08B161.99B
EPS
----2.573.41
EPS Growth
-----11.38%32.66%
Forward PE
3.773.214.135.897.106.12
Dividend / Share
0.241.281.131.321.151.50
Dividend Growth
-35.50%424.80%-11.54%15.95%-12.57%30.13%
Free Cash Flow
43.99B88.06B63.86B56.45B74.52B147.80B
No. Analysts
-----6
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CNY.

Revenue Forecast

Revenue202620272028
High509.4B
Avg480.1B
Low457.3B

Revenue Growth

Revenue Growth202620272028
High
27.9%
Avg
20.6%
Low
14.8%

EPS Forecast

EPS202620272028
High3.84
Avg3.41
Low3.17

EPS Growth

EPS Growth202620272028
High
49.4%
Avg
32.7%
Low
23.3%