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 37.97, with a low estimate of 31 and a high estimate of 45. The average target predicts an increase of 32.76% from the current stock price of 28.60.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$31	$37.97	$41.5	$45
Change	+8.39%	+32.76%	+45.10%	+57.34%

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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	1	1	1	1	1	1
Buy	3	3	3	2	2	2
Hold	4	5	6	7	7	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	9	10	10	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ryan Todd Piper Sandler	Piper Sandler	Hold Maintains $36 → $32	Hold	Maintains	$36 → $32	+11.89%	Dec 19, 2024
Roger Read Wells Fargo	Wells Fargo	Hold Maintains $33 → $31	Hold	Maintains	$33 → $31	+8.39%	Dec 9, 2024
Roger Read Wells Fargo	Wells Fargo	Hold Maintains $35 → $33	Hold	Maintains	$35 → $33	+15.38%	Oct 30, 2024
Paul Cheng Scotiabank	Scotiabank	Buy → Hold Downgrades $42 → $36	Buy → Hold	Downgrades	$42 → $36	+25.87%	Oct 10, 2024
Roger Read Wells Fargo	Wells Fargo	Hold Maintains $39 → $35	Hold	Maintains	$39 → $35	+22.38%	Sep 27, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

206.26B

Decreased by -1.00%

from 208.35B

Revenue Next Year

199.05B

Decreased by -3.50%

from 206.26B

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	206.26B	199.05B	205.25B
Revenue Growth	-46.86%	-33.17%	48.03%	52.83%	-12.85%	-1.00%	-3.50%	3.11%
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	-	-	-	-	-	44.84	41.30	36.75
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	229.9B	230.4B	304.9B
Avg	206.3B	199.0B	205.2B
Low	179.7B	151.4B	152.5B

Revenue Growth

Revenue Growth	2024	2025	2026	2027
High	10.3%	11.7%	53.2%
Avg	-1.0%	-3.5%	3.1%
Low	-13.8%	-26.6%	-23.4%

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.