BP p.l.c. (BP)
NYSE: BP · IEX Real-Time Price · USD
36.76
+0.33 (0.91%)
At close: Jul 2, 2024, 4:00 PM
36.73
-0.03 (-0.08%)
After-hours: Jul 2, 2024, 7:59 PM EDT
BP p.l.c. Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for BP p.l.c. stock have an average target of 43.86, with a low estimate of 42 and a high estimate of 47. The average target predicts an increase of 19.31% from the current stock price of 36.76.
Analyst Consensus: Buy
* Price targets were last updated on Apr 18, 2024.
Analyst Ratings
The average analyst rating for BP p.l.c. stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 2 | 2 | 1 |
| Buy | 2 | 3 | 2 | 2 | 2 | 2 |
| Hold | 2 | 1 | 1 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Erste Group | Erste Group | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jun 14, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $40 → $43 | Hold | Maintains | $40 → $43 | +16.97% | Apr 18, 2024 |
| Raymond James | Raymond James | Buy Maintains $42 → $45 | Buy | Maintains | $42 → $45 | +22.42% | Apr 15, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $45 → $47 | Buy | Maintains | $45 → $47 | +27.86% | Apr 11, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $38 → $42 | Hold | Maintains | $38 → $42 | +14.25% | Apr 11, 2024 |
Financial Forecast
Revenue This Year
218.99B
from 213.03B
Increased by 2.80%
Revenue Next Year
212.66B
from 218.99B
Decreased by -2.89%
EPS This Year
0.84
from 5.15
Decreased by -83.75%
EPS Next Year
0.94
from 0.84
Increased by 12.11%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 343.9B | 329.2B | 330.3B | 220.6B |
| Avg | 219.0B | 212.7B | 213.0B | 211.2B |
| Low | 182.2B | 163.1B | 165.8B | 199.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 61.4% | 50.3% | 55.3% | 3.6% |
| Avg | 2.8% | -2.9% | 0.2% | -0.9% |
| Low | -14.5% | -25.5% | -22.0% | -6.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.02 | 1.32 | 1.26 | 1.27 | 0.67 |
| Avg | 0.84 | 0.94 | 0.98 | 0.87 | 0.65 |
| Low | 0.71 | 0.67 | 0.65 | 0.57 | 0.63 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -80.2% | 57.4% | 34.3% | 30.3% | -22.5% |
| Avg | -83.8% | 12.1% | 3.9% | -11.1% | -24.7% |
| Low | -86.3% | -20.4% | -31.1% | -41.7% | -27.7% |
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.