Conoco Phillips (COP)
NYSE: COP · IEX Real-Time Price · USD
127.28
+0.44 (0.35%)
At close: Mar 28, 2024, 4:00 PM
127.27
-0.01 (-0.01%)
After-hours: Mar 28, 2024, 7:51 PM EDT
Conoco Phillips Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Conoco Phillips stock have an average target of 135.06, with a low estimate of 105 and a high estimate of 160. The average target predicts an increase of 6.11% from the current stock price of 127.28.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for COP 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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 9 | 7 | 7 | 7 | 7 | 7 |
Buy | 8 | 8 | 8 | 8 | 7 | 6 |
Hold | 4 | 4 | 5 | 4 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 21 | 19 | 20 | 19 | 18 | 17 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Morgan Stanley | Morgan Stanley | Buy Maintains $123 → $129 | Buy | Maintains | $123 → $129 | +1.35% | Mar 28, 2024 |
Mizuho | Mizuho | Hold Reiterates $132 → $139 | Hold | Reiterates | $132 → $139 | +9.21% | Mar 22, 2024 |
Piper Sandler | Piper Sandler | Buy Maintains $139 → $133 | Buy | Maintains | $139 → $133 | +4.49% | Mar 14, 2024 |
UBS | UBS | Strong Buy Maintains $138 → $143 | Strong Buy | Maintains | $138 → $143 | +12.35% | Feb 14, 2024 |
Scotiabank | Scotiabank | Hold Maintains $115 → $120 | Hold | Maintains | $115 → $120 | -5.72% | Feb 9, 2024 |
Financial Forecast
Revenue This Year
59.41B
from 58.57B
Increased by 1.42%
Revenue Next Year
61.47B
from 59.41B
Increased by 3.47%
EPS This Year
8.62
from 9.06
Decreased by -4.81%
EPS Next Year
9.82
from 8.62
Increased by 13.89%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 73.8B | 78.8B | 76.5B | 56.7B |
Avg | 59.4B | 61.5B | 62.1B | 54.5B |
Low | 37.7B | 38.1B | 37.5B | 52.9B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 26.0% | 32.6% | 24.4% | -8.7% |
Avg | 1.4% | 3.5% | 1.1% | -12.2% |
Low | -35.6% | -35.9% | -39.1% | -14.8% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 13.63 | 17.90 | 18.64 | 11.73 | 7.61 |
Avg | 8.62 | 9.82 | 10.57 | 9.10 | 7.32 |
Low | 6.37 | 4.59 | 7.35 | 6.71 | 7.10 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 50.4% | 107.6% | 89.7% | 11.0% | -16.3% |
Avg | -4.8% | 13.9% | 7.6% | -13.9% | -19.5% |
Low | -29.7% | -46.8% | -25.2% | -36.5% | -21.9% |
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.