BP p.l.c. (BP)
NYSE: BP · IEX Real-Time Price · USD
37.68
+0.22 (0.59%)
At close: Mar 28, 2024, 4:00 PM
37.74
+0.06 (0.16%)
After-hours: Mar 28, 2024, 7:52 PM EDT

BP p.l.c. Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for BP p.l.c. stock have an average target of 42.58, with a low estimate of 40 and a high estimate of 45. The average target predicts an increase of 13.00% from the current stock price of 37.68.

Analyst Consensus: Buy
Target Low Average Median High
Price $40 $42.58 $43 $45
Change +6.16% +13.00% +14.12% +19.43%

Analyst Ratings

The average analyst rating for BP p.l.c. stock from 4 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000001
Buy 333232
Hold 211211
Sell 000000
Strong Sell 000000
Total 544444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Hold
Maintains
$38$40
Hold Maintains $38$40 +6.16% Mar 14, 2024
Jefferies
Jefferies
Strong Buy
Upgrades
$39$42
Strong Buy Upgrades $39$42 +12.26% Mar 4, 2024
Scotiabank
Scotiabank
Buy
Maintains
$41$45
Buy Maintains $41$45 +19.43% Feb 7, 2024
Piper Sandler
Piper Sandler
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jan 8, 2024
Raymond James
Raymond James
Buy
Maintains
$46$43
Buy Maintains $46$43 +14.12% Nov 1, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
214.82B
from 213.03B
Increased by 0.84%
Revenue Next Year
211.20B
from 214.82B
Decreased by -1.68%
EPS This Year
0.86
from 5.15
Decreased by -83.31%
EPS Next Year
0.96
from 0.86
Increased by 11.12%
Year 2019202020212022202320242025202620272028
Revenue
163.53B109.08B164.20B248.89B213.03B214.82B211.20B199.00B--
Revenue Growth
-3.89%-33.30%50.53%51.58%-14.41%0.84%-1.68%-5.78%--
EPS
1.18-6.032.24-0.795.150.860.961.051.051.23
EPS Growth
-57.71%-----83.31%11.12%10.21%-0.59%17.37%
No. Analysts -----22221554
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 319.8B 304.9B 216.2B
Avg 214.8B 211.2B 199.0B
Low 184.8B 174.0B 175.2B

Revenue Growth

Revenue Growth 202420252026
High
50.1%
41.9%
2.4%
Avg
0.8%
-1.7%
-5.8%
Low
-13.3%
-19.0%
-17.1%

EPS Forecast

EPS 20242025202620272028
High 1.09 1.63 1.96 1.28 1.31
Avg 0.86 0.96 1.05 1.05 1.23
Low 0.69 0.69 0.67 0.70 1.14

EPS Growth

EPS Growth 20242025202620272028
High
-78.9%
89.7%
105.0%
21.6%
25.4%
Avg
-83.3%
11.1%
10.2%
-0.6%
17.4%
Low
-86.7%
-20.2%
-30.3%
-33.9%
8.5%
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.