CNOOC Limited (HKG:0883)
23.70
-0.12 (-0.50%)
Aug 3, 2026, 11:20 AM 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 $32.62. The average 1-year stock price forecast is 37.64% higher than the current stock price, while the lowest is $17.55 (-25.95%) and the highest is $48.75 (+105.70%).
Price Target: $32.62 (+37.64%)
Analyst Consensus: Buy
Price Target
Chart* Price targets were last updated on Jun 22, 2026.
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
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 10 | 10 | 10 |
| Buy | 3 | 4 | 4 | 4 | 4 | 4 |
| Hold | 2 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 15 | 15 | 15 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Jul 1, 2026 |
| DBS | DBS | Buy Maintains $34.50 → $30.00 | Buy | Maintains | $34.50 → $30.00 | +26.58% | Jun 22, 2026 |
Unknown Analyst CLSA No rating | CLSA | Buy Maintains $32.00 → $36.00 | Buy | Maintains | $32.00 → $36.00 | +51.90% | Jun 15, 2026 |
Unknown Analyst Bank of China No rating | Bank of China | Buy Maintains $32.28 → $34.69 | Buy | Maintains | $32.28 → $34.69 | +46.37% | Apr 30, 2026 |
Unknown Analyst CICC No rating | CICC | Buy Maintains $35.00 | Buy | Maintains | $35.00 | +47.68% | Apr 29, 2026 |
Financial Forecast
Revenue This Year
486.01B
from 398.22B
Increased by 22.05%
Revenue Next Year
450.75B
from 486.01B
Decreased by -7.25%
EPS This Year
3.50
from 2.57
Increased by 36.11%
EPS Next Year
3.19
from 3.50
Decreased by -8.81%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CNY.