Inpex Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, Inpex stock has a consensus rating of "Buy" and an average price target of ¥4,001. The average 1-year stock price forecast is 19.39% higher than the current stock price, while the lowest is ¥2,780 (-17.04%) and the highest is ¥4,950 (+47.72%).

Price Target: ¥4,001 (+19.39%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	¥2,780	¥4,001	¥4,200	¥4,950
Change	-17.04%	+19.39%	+25.34%	+47.72%

Analyst Ratings

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

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	2	2	2	3	3	4
Buy	1	1	2	2	2	2
Hold	5	5	5	5	5	5
Sell	3	3	1	1	2	1
Strong Sell	0	0	1	1	0	0
Total	11	11	11	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Okasan Securities No rating	Okasan Securities	Buy Maintains ¥4,700 → ¥4,200	Buy	Maintains	¥4,700 → ¥4,200	+25.34%	Jun 22, 2026
Unknown Analyst Morgan Stanley No rating	Morgan Stanley	Buy Maintains ¥3,970 → ¥4,620	Buy	Maintains	¥3,970 → ¥4,620	+37.87%	Jun 17, 2026
Unknown Analyst SMBC Nikko No rating	SMBC Nikko	Buy Upgrades ¥4,000 → ¥4,700	Buy	Upgrades	¥4,000 → ¥4,700	+40.26%	Jun 15, 2026
Unknown Analyst Mizuho Securities No rating	Mizuho Securities	Buy Maintains ¥4,800 → ¥4,700	Buy	Maintains	¥4,800 → ¥4,700	+40.26%	Jun 5, 2026
Unknown Analyst Bank of America Securities No rating	Bank of America Securities	Hold Upgrades ¥4,250 → ¥3,800	Hold	Upgrades	¥4,250 → ¥3,800	+13.40%	Jun 5, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.42T

from 2.01T

20.41%

from 2.01T

Revenue Next Year

2.35T

from 2.42T

-3.17%

from 2.42T

EPS This Year

n/a

from -

EPS Next Year

n/a

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.24T	2.32T	2.16T	2.27T	2.01T	2.42T
Revenue Growth	61.39%	86.81%	-6.89%	4.68%	-11.23%	20.41%
Gross Profit	675.45B	1.38T	1.32T	1.35T	1.15T	1.69T
Gross Margin	54.28%	59.42%	60.82%	59.60%	57.02%	69.85%
Operating Income	590.66B	1.25T	1.21T	1.17T	1.01T	1.44T
Net Income	223.05B	438.28B	321.71B	427.34B	393.84B	474.90B
Dividend / Share	48.00	62.00	74.00	86.00	100.00	110.67
Dividend Growth	-	29.17%	19.35%	16.22%	16.28%	10.67%
Free Cash Flow	410.90B	919.77B	542.24B	666.33B	291.84B	278.37B
No. Analysts	-	-	-	-	-	10

Financial currency is JPY.

Revenue Forecast

Revenue	2026	2027	2028
High	2.8T
Avg	2.4T
Low	2.1T

Revenue Growth

Revenue Growth	2026	2027	2028
High	39.5%
Avg	20.4%
Low	5.4%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-
Low	-

EPS Growth

EPS Growth	2027	2028
High	-
Avg	-
Low	-