EOG Resources, Inc. (EOG)
NYSE: EOG · IEX Real-Time Price · USD
126.65
+0.11 (0.09%)
Jul 2, 2024, 4:00 PM EDT - Market closed
EOG Resources Stock Forecast
Stock Price Forecast
The 21 analysts with 12-month price forecasts for EOG Resources stock have an average target of 145.38, with a low estimate of 129 and a high estimate of 157. The average target predicts an increase of 14.79% from the current stock price of 126.65.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for EOG Resources stock from 22 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 6 | 7 |
| Buy | 6 | 4 | 4 | 3 | 3 | 3 |
| Hold | 8 | 8 | 8 | 11 | 13 | 12 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 19 | 19 | 21 | 22 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Initiates $157 | Buy | Initiates | $157 | +23.96% | Jun 27, 2024 |
| B of A Securities | B of A Securities | Strong Buy Initiates $151 | Strong Buy | Initiates | $151 | +19.23% | Jun 14, 2024 |
| Citigroup | Citigroup | Hold Maintains $124 → $130 | Hold | Maintains | $124 → $130 | +2.65% | May 24, 2024 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $163 → $136 | Strong Buy → Hold | Downgrades | $163 → $136 | +7.38% | May 16, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $153 → $154 | Buy | Maintains | $153 → $154 | +21.59% | May 14, 2024 |
Financial Forecast
Revenue This Year
24.04B
from 24.19B
Decreased by -0.60%
Revenue Next Year
24.36B
from 24.04B
Increased by 1.33%
EPS This Year
12.12
from 13.00
Decreased by -6.79%
EPS Next Year
12.48
from 12.12
Increased by 2.99%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 27.0B | 28.8B | 27.9B |
| Avg | 24.0B | 24.4B | 22.9B |
| Low | 19.8B | 18.5B | 18.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.8% | 19.7% | 14.4% |
| Avg | -0.6% | 1.3% | -5.9% |
| Low | -18.0% | -23.2% | -24.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.05 | 15.34 | 15.42 | 14.09 | 15.12 |
| Avg | 12.12 | 12.48 | 12.44 | 11.26 | 12.54 |
| Low | 9.75 | 5.60 | 8.97 | 8.15 | 8.77 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.1% | 26.6% | 23.6% | 13.3% | 34.3% |
| Avg | -6.8% | 3.0% | -0.3% | -9.5% | 11.4% |
| Low | -25.0% | -53.8% | -28.1% | -34.4% | -22.1% |
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.