Ecopetrol S.A. (EC)
NYSE: EC · IEX Real-Time Price · USD
10.81
-0.06 (-0.55%)
At close: Jul 19, 2024, 4:00 PM
10.82
+0.01 (0.09%)
Pre-market: Jul 22, 2024, 7:25 AM EDT
Ecopetrol Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Ecopetrol stock have an average target of 11.82, with a low estimate of 11.2 and a high estimate of 12.5. The average target predicts an increase of 9.34% from the current stock price of 10.81.
Analyst Consensus: Hold
* Price targets were last updated on Apr 18, 2024.
Analyst Ratings
The average analyst rating for Ecopetrol stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 5 | 5 | 5 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $10 → $12 | Hold | Maintains | $10 → $12 | +10.08% | Apr 18, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $12 → $10 | Hold | Maintains | $12 → $10 | -4.72% | Mar 21, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | +11.01% | Feb 20, 2024 |
| Jefferies | Jefferies | Sell Initiates $11 | Sell | Initiates | $11 | +3.61% | Sep 21, 2023 |
| Citigroup | Citigroup | Strong Buy → Hold Downgrades $13 | Strong Buy → Hold | Downgrades | $13 | +15.63% | Sep 13, 2023 |
Financial Forecast
Revenue This Year
138.25T
from 143.19T
Decreased by -3.45%
Revenue Next Year
136.76T
from 138.25T
Decreased by -1.08%
EPS This Year
413.07
from 10.24K
Decreased by -95.97%
EPS Next Year
405.99
from 413.07
Decreased by -1.72%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 162.7T | 152.6T | 156.8T |
| Avg | 138.3T | 136.8T | 144.0T |
| Low | 115.6T | 109.8T | 133.0T |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.6% | 10.4% | 14.6% |
| Avg | -3.4% | -1.1% | 5.3% |
| Low | -19.2% | -20.6% | -2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 592.52 | 728.78 | 764.67 |
| Avg | 413.07 | 405.99 | 531.57 |
| Low | 311.64 | 301.84 | 317.86 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -94.2% | 76.4% | 88.3% |
| Avg | -96.0% | -1.7% | 30.9% |
| Low | -97.0% | -26.9% | -21.7% |
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.