ConocoPhillips Stock Forecast

Stock Price Forecast

According to 30 analysts polled by S&P Global, ConocoPhillips stock has a consensus rating of "Buy" and an average price target of $151.56. The average 1-year stock price forecast is 11.21% higher than the current stock price, while the lowest is $126 (-7.54%) and the highest is $189 (+38.69%).

Price Target: $151.56 (+11.21%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$126	$151.56	$150	$189
Change	-7.54%	+11.21%	+10.07%	+38.69%

Analyst Ratings

The average analyst rating for ConocoPhillips stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart

Rating	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26	Nov '26
Strong Buy	14	14	15	15	15	15
Buy	5	5	4	4	4	4
Hold	7	7	7	9	10	10
Sell	0	0	0	0	1	1
Strong Sell	0	0	0	0	0	0
Total	26	26	26	28	30	30

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sam Margolin Wells Fargo	Wells Fargo	Buy Maintains $189 → $185	Buy	Maintains	$189 → $185	+35.75%	Nov 6, 2026
Nitin Kumar CFA Mizuho Securities	Mizuho Securities	Buy Maintains $146 → $149	Buy	Maintains	$146 → $149	+9.33%	Nov 6, 2026
Pei Hwa Ho DBS	DBS	Buy Maintains $146	Buy	Maintains	$146	+7.13%	Nov 6, 2026
Devin McDermott Morgan Stanley	Morgan Stanley	Buy Maintains $159	Buy	Maintains	$159	+16.67%	Nov 5, 2026
Neal Dingmann William Blair	William Blair	Hold Initiates $205 → $167	Hold	Initiates	$205 → $167	+22.54%	Oct 28, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

73.35B

from 60.28B

21.68%

from 60.28B

Revenue Next Year

70.70B

from 73.35B

-3.62%

from 73.35B

EPS This Year

11.46

from 6.16

86.10%

from 6.16

EPS Next Year

10.92

from 11.46

-4.74%

from 11.46

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	46.66B	80.58B	57.86B	56.45B	60.28B	73.35B
Revenue Growth	142.82%	72.69%	-28.19%	-2.44%	6.78%	21.68%
Gross Profit	22.94B	39.60B	28.19B	27.69B	27.84B	35.08B
Gross Margin	49.16%	49.14%	48.73%	49.05%	46.18%	47.82%
Operating Income	13.06B	27.32B	16.43B	14.70B	12.57B	22.03B
Net Income	8.08B	18.68B	10.96B	9.25B	7.99B	13.89B
EPS	-	-	-	-	6.16	11.46
EPS Growth	-	-	-	-	-20.92%	86.10%
Forward PE	8.89	9.60	11.46	13.32	16.28	11.89
Dividend / Share	1.75	4.49	4.61	3.12	3.18	3.38
Dividend Growth	4.79%	156.57%	2.67%	-32.32%	1.92%	6.29%
Free Cash Flow	-	-	-	-	7.24B	14.63B
No. Analysts	-	-	-	-	-	11

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	77.9B
Avg	73.3B
Low	69.3B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	29.2%
Avg	21.7%
Low	15.0%

EPS Forecast

Chart

EPS	2026	2027	2028
High	12.67
Avg	11.46
Low	9.16

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	105.7%
Avg	86.1%
Low	48.7%