ConocoPhillips Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for ConocoPhillips stock have an average target of 136.25, with a low estimate of 114 and a high estimate of 165. The average target predicts an increase of 40.32% from the current stock price of 97.10.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$114	$136.25	$137	$165
Change	+17.40%	+40.32%	+41.09%	+69.93%

Analyst Ratings

The average analyst rating for ConocoPhillips stock from 17 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	6	6	5	4	4	4
Buy	8	8	8	9	9	12
Hold	3	3	3	4	4	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	17	17	16	17	17	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ryan Todd Piper Sandler	Piper Sandler	Buy Maintains $135 → $114	Buy	Maintains	$135 → $114	+17.40%	Dec 19, 2024
Nitin Kumar Mizuho	Mizuho	Hold → Buy Upgrades $132 → $134	Hold → Buy	Upgrades	$132 → $134	+38.00%	Dec 16, 2024
Roger Read Wells Fargo	Wells Fargo	Buy Maintains $131 → $134	Buy	Maintains	$131 → $134	+38.00%	Dec 9, 2024
Stephen Richardson Evercore ISI Group	Evercore ISI Group	Buy Initiates $165	Buy	Initiates	$165	+69.93%	Dec 6, 2024
Arun Jayaram JP Morgan	JP Morgan	Hold → Buy Upgrades $120 → $123	Hold → Buy	Upgrades	$120 → $123	+26.67%	Dec 4, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

56.85B

from 57.86B

-1.75%

from 57.86B

Revenue Next Year

62.45B

from 56.85B

9.85%

from 56.85B

EPS This Year

7.80

from 9.06

-13.86%

from 9.06

EPS Next Year

8.20

from 7.80

5.06%

from 7.80

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	33.35B	19.22B	46.66B	80.58B	57.86B	56.85B	62.45B	65.76B
Revenue Growth	-11.06%	-42.37%	142.82%	72.69%	-28.19%	-1.75%	9.85%	5.29%
EPS	6.40	-2.51	6.07	14.57	9.06	7.80	8.20	9.36
EPS Growth	20.30%	-	-	140.03%	-37.82%	-13.86%	5.06%	14.19%
Forward PE	-	-	-	-	-	12.44	11.84	10.37
No. Analysts	-	-	-	-	-	29	29	21

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

Revenue Forecast

Revenue	2024	2025	2026
High	61.5B	77.9B	85.0B
Avg	56.9B	62.5B	65.8B
Low	53.7B	55.0B	55.6B

Revenue Growth

Revenue Growth	2024	2025	2026
High	6.3%	37.0%	36.0%
Avg	-1.7%	9.9%	5.3%
Low	-7.2%	-3.3%	-11.0%

EPS Forecast

EPS	2024	2025	2026
High	10.07	10.90	13.35
Avg	7.80	8.20	9.36
Low	7.05	5.98	6.68

EPS Growth

EPS Growth	2024	2025	2026
High	11.1%	39.7%	62.8%
Avg	-13.9%	5.1%	14.2%
Low	-22.2%	-23.4%	-18.5%

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.