Ecopetrol S.A. (EC)

Ecopetrol Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Ecopetrol stock has a target of 13.5, which predicts a 4.90% increase from the current stock price of 12.87.

Price Target: $13.5 (+4.90%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$13.5	$13.5	$13.5	$13.5
Change	+4.90%	+4.90%	+4.90%	+4.90%

Analyst Ratings

According to 1 stock analyst, the rating for Ecopetrol is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Luiz Carvalho UBS	UBS	Hold Maintains $10 → $14	Hold	Maintains	$10 → $14	+4.90%	May 5, 2026
Rodolfo Angele JP Morgan	JP Morgan	Sell → Hold Upgrades $7.5 → $9.5	Sell → Hold	Upgrades	$7.5 → $9.5	-26.18%	Feb 13, 2025
Rodolfo Angele JP Morgan	JP Morgan	Sell Maintains $8.5 → $7.5	Sell	Maintains	$8.5 → $7.5	-41.72%	Oct 30, 2024
Rodolfo Angele JP Morgan	JP Morgan	Hold → Sell Downgrades $12 → $8.5	Hold → Sell	Downgrades	$12 → $8.5	-33.95%	Sep 25, 2024
Bruno Amorim Goldman Sachs	Goldman Sachs	Hold Maintains $11 → $9.5	Hold	Maintains	$11 → $9.5	-26.18%	Sep 24, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

118.42T

Decreased by -1.06%

from 119.69T

Revenue Next Year

118.44T

Increased by 0.02%

from 118.42T

EPS This Year

304.40

Increased by 38.62%

from 219.59

EPS Next Year

238.97

Decreased by -21.49%

from 304.40

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	91.74T	159.47T	143.08T	133.33T	119.69T	118.42T	118.44T
Revenue Growth	82.67%	73.83%	-10.28%	-6.81%	-10.23%	-1.06%	0.02%
EPS	406.03	812.48	463.61	363.23	219.59	304.40	238.97
EPS Growth	952.18%	100.10%	-42.94%	-21.65%	-39.55%	38.62%	-21.49%
Forward PE	-	-	-	-	-	159.64	203.35
No. Analysts	-	-	-	-	-	7	7

Financial currency is COP. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028
High	135.4T	135.0T
Avg	118.4T	118.4T
Low	105.8T	103.4T

Revenue Growth

Revenue Growth	2026	2027	2028
High	13.1%	14.0%
Avg	-1.1%	0.0%
Low	-11.6%	-12.7%

EPS Forecast

EPS	2026	2027	2028
High	546.67	299.79
Avg	304.40	238.97
Low	200.87	183.26

EPS Growth

EPS Growth	2026	2027	2028
High	148.9%	-1.5%
Avg	38.6%	-21.5%
Low	-8.5%	-39.8%

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 sources.