Brookfield Infrastructure Partners L.P. (BIP)
NYSE: BIP · Real-Time Price · USD
34.70
-0.76 (-2.14%)
Oct 29, 2024, 4:00 PM EDT - Market closed

BIP Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for BIP stock have an average target of 38.33, with a low estimate of 36 and a high estimate of 40. The average target predicts an increase of 10.46% from the current stock price of 34.70.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $36 $38.33 $39 $40
Change +3.75% +10.46% +12.39% +15.27%
* Price targets were last updated on Sep 30, 2024.

Analyst Ratings

The average analyst rating for BIP stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 222211
Buy 666632
Hold 111100
Sell 000000
Strong Sell 000000
Total 999943

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jefferies
Jefferies
Strong Buy
Maintains
$35$39
Strong Buy Maintains $35$39 +12.39% Sep 30, 2024
BMO Capital
BMO Capital
Buy
Maintains
$40$36
Buy Maintains $40$36 +3.75% May 2, 2024
Jefferies
Jefferies
Strong Buy
Maintains
$37$34
Strong Buy Maintains $37$34 -2.02% Apr 17, 2024
BMO Capital
BMO Capital
Buy
Maintains
$42$38
Buy Maintains $42$38 +9.51% Nov 3, 2023
RBC Capital
RBC Capital
Buy
Maintains
$45$40
Buy Maintains $45$40 +15.27% Nov 2, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
13.90B
from 17.93B
Decreased by -22.47%
Revenue Next Year
12.70B
from 13.90B
Decreased by -8.65%
EPS This Year
0.38
from 0.19
Increased by 98.76%
EPS Next Year
0.96
from 0.38
Increased by 155.61%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
6.60B8.89B11.54B14.43B17.93B13.90B12.70B13.58B
Revenue Growth
41.81%34.68%29.85%25.05%24.29%-22.47%-8.65%6.91%
EPS
0.040.271.380.190.190.380.961.43
EPS Growth
-88.70%517.11%403.20%-86.21%-0.28%98.76%155.61%49.00%
Forward PE
-----92.1936.0724.21
No. Analysts -----665
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 20.0B 21.4B 22.8B
Avg 13.9B 12.7B 13.6B
Low 7.9B 8.2B 8.9B

Revenue Growth

Revenue Growth 20242025202620272028
High
11.6%
53.8%
79.4%
Avg
-22.5%
-8.6%
6.9%
Low
-56.1%
-41.2%
-30.0%

EPS Forecast

EPS 202420252026
High 0.48 1.34 1.65
Avg 0.38 0.96 1.43
Low 0.22 0.66 1.16

EPS Growth

EPS Growth 202420252026
High
155.0%
257.1%
71.1%
Avg
98.8%
155.6%
49.0%
Low
13.8%
74.4%
20.2%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.