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
Target Low Average Median High
Price $105 $135.06 $138 $160
Change -17.50% +6.11% +8.42% +25.71%

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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 977777
Buy 888876
Hold 445444
Sell 000000
Strong Sell 000000
Total 211920191817

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
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
36.67B19.26B48.35B82.16B58.57B59.41B61.47B62.13B54.55B-
Revenue Growth
-5.31%-47.49%151.09%69.92%-28.70%1.42%3.47%1.07%-12.20%-
EPS
6.40-2.516.0714.579.068.629.8210.579.107.32
EPS Growth
20.30%--140.03%-37.82%-4.81%13.89%7.61%-13.91%-19.53%
No. Analysts -----29221132
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
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 2024202520262027
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 20242025202620272028
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 20242025202620272028
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.