BP p.l.c. (BP)

BP p.l.c. Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for BP p.l.c. stock have an average target of 34.85, with a low estimate of 30 and a high estimate of 42.3. The average target predicts an increase of 10.56% from the current stock price of 31.52.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$30	$34.85	$36	$42.3
Change	-4.82%	+10.56%	+14.21%	+34.20%

Analyst Ratings

The average analyst rating for BP p.l.c. stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	1	1	1	1	1	1
Buy	3	3	2	2	2	2
Hold	5	6	7	7	7	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	9	10	10	10	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Justin Jenkins Raymond James	Raymond James	Buy Maintains $36 → $37	Buy	Maintains	$36 → $37	+17.39%	Jan 17, 2025
Roger Read Wells Fargo	Wells Fargo	Hold Maintains $31 → $30	Hold	Maintains	$31 → $30	-4.82%	Jan 15, 2025
Biraj Borkhataria RBC Capital	RBC Capital	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Jan 14, 2025
Martijn Rats Morgan Stanley	Morgan Stanley	Hold Maintains $35 → $32	Hold	Maintains	$35 → $32	+0.89%	Jan 7, 2025
Ryan Todd Piper Sandler	Piper Sandler	Hold Maintains $36 → $32	Hold	Maintains	$36 → $32	+1.52%	Dec 19, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

198.64B

Decreased by -4.66%

from 208.35B

Revenue Next Year

191.78B

Decreased by -3.45%

from 198.64B

EPS This Year

0.64

Decreased by -25.70%

from 0.86

EPS Next Year

0.69

Increased by 8.56%

from 0.64

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	158.11B	105.67B	156.43B	239.07B	208.35B	198.64B	191.78B	198.75B
Revenue Growth	-46.86%	-33.17%	48.03%	52.83%	-12.85%	-4.66%	-3.45%	3.63%
EPS	0.20	-1.00	0.37	-0.13	0.86	0.64	0.69	0.78
EPS Growth	-57.72%	-	-	-	-	-25.70%	8.56%	12.40%
Forward PE	-	-	-	-	-	49.41	45.52	40.50
No. Analysts	-	-	-	-	-	22	22	20

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027
High	228.8B	228.0B	303.3B
Avg	198.6B	191.8B	198.7B
Low	145.3B	140.6B	137.4B

Revenue Growth

Revenue Growth	2024	2025	2026	2027
High	9.8%	14.8%	58.2%
Avg	-4.7%	-3.5%	3.6%
Low	-30.3%	-29.2%	-28.3%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	0.80	0.90	1.12
Avg	0.64	0.69	0.78
Low	0.50	0.50	0.46

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-7.0%	41.6%	61.1%
Avg	-25.7%	8.6%	12.4%
Low	-41.8%	-21.6%	-33.5%

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.