Ecopetrol S.A. (EC)
NYSE: EC · Real-Time Price · USD
8.97
-0.04 (-0.48%)
Oct 3, 2024, 12:50 PM EDT - Market open
Ecopetrol Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Ecopetrol stock have an average target of 9.00, with a low estimate of 8.50 and a high estimate of 9.50. The average target predicts an increase of 0.37% from the current stock price of 8.97.
Analyst Consensus: Sell
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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 5 | 5 | 5 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold → Sell Downgrades $12 → $8.5 | Hold → Sell | Downgrades | $12 → $8.5 | -5.21% | Sep 25, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $11 → $9.5 | Hold | Maintains | $11 → $9.5 | +5.94% | Sep 24, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $10 → $12 | Hold | Maintains | $10 → $12 | +32.71% | Apr 18, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $12 → $10 | Hold | Maintains | $12 → $10 | +14.86% | Mar 21, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | +33.82% | Feb 20, 2024 |
Financial Forecast
Revenue This Year
132.08T
from 143.08T
Decreased by -7.69%
Revenue Next Year
135.77T
from 132.08T
Increased by 2.79%
EPS This Year
372.63
from 463.61
Decreased by -19.62%
EPS Next Year
357.79
from 372.63
Decreased by -3.98%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 151.9T | 158.8T | 163.1T |
| Avg | 132.1T | 135.8T | 140.1T |
| Low | 115.6T | 109.8T | 124.6T |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.2% | 20.2% | 20.1% |
| Avg | -7.7% | 2.8% | 3.2% |
| Low | -19.2% | -16.9% | -8.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 441.84 | 416.18 | 376.17 |
| Avg | 372.63 | 357.79 | 331.18 |
| Low | 289.10 | 301.84 | 266.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -4.7% | 11.7% | 5.1% |
| Avg | -19.6% | -4.0% | -7.4% |
| Low | -37.6% | -19.0% | -25.6% |
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.