Ecopetrol S.A. (EC)
NYSE: EC · Real-Time Price · USD
7.64
+0.02 (0.26%)
Dec 20, 2024, 4:00 PM EST - Market closed
Ecopetrol Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Ecopetrol stock have an average target of 8.50, with a low estimate of 7.50 and a high estimate of 9.50. The average target predicts an increase of 11.26% from the current stock price of 7.64.
Analyst Consensus: Sell
* Price targets were last updated on Oct 30, 2024.
Analyst Ratings
The average analyst rating for Ecopetrol stock from 2 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Sell Maintains $8.5 → $7.5 | Sell | Maintains | $8.5 → $7.5 | -1.83% | Oct 30, 2024 |
| JP Morgan | JP Morgan | Hold → Sell Downgrades $12 → $8.5 | Hold → Sell | Downgrades | $12 → $8.5 | +11.26% | Sep 25, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $11 → $9.5 | Hold | Maintains | $11 → $9.5 | +24.35% | Sep 24, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $10 → $12 | Hold | Maintains | $10 → $12 | +55.76% | Apr 18, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $12 → $10 | Hold | Maintains | $12 → $10 | +34.82% | Mar 21, 2024 |
Financial Forecast
Revenue This Year
130.72T
from 143.08T
Decreased by -8.64%
Revenue Next Year
133.91T
from 130.72T
Increased by 2.44%
EPS This Year
319.88
from 463.61
Decreased by -31.00%
EPS Next Year
321.71
from 319.88
Increased by 0.57%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 151.9T | 148.8T | 151.4T |
| Avg | 130.7T | 133.9T | 136.3T |
| Low | 115.6T | 109.8T | 124.6T |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.2% | 13.9% | 13.1% |
| Avg | -8.6% | 2.4% | 1.8% |
| Low | -19.2% | -16.0% | -7.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 382.62 | 370.21 | 308.15 |
| Avg | 319.88 | 321.71 | 289.83 |
| Low | 256.96 | 279.92 | 274.83 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -17.5% | 15.7% | -4.2% |
| Avg | -31.0% | 0.6% | -9.9% |
| Low | -44.6% | -12.5% | -14.6% |
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.