EPD Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for EPD stock have an average target of 32.92, with a low estimate of 28 and a high estimate of 36. The average target predicts an increase of 9.73% from the current stock price of 30.00.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$28	$32.92	$34	$36
Change	-6.67%	+9.73%	+13.33%	+20.00%

* Price targets were last updated on Jun 10, 2024.

Analyst Ratings

The average analyst rating for EPD stock from 13 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	5	5	5	5	5	5
Buy	6	4	5	6	6	6
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	11	12	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Robert Kad Morgan Stanley	Morgan Stanley	Hold Maintains $35 → $34	Hold	Maintains	$35 → $34	+13.33%	Jun 10, 2024
Jeremy Tonet JP Morgan	JP Morgan	Buy Maintains $33 → $32	Buy	Maintains	$33 → $32	+6.67%	May 16, 2024
Neal Dingmann Truist Securities	Truist Securities	Strong Buy Maintains $33 → $35	Strong Buy	Maintains	$33 → $35	+16.67%	May 1, 2024
Elvira Scotto RBC Capital	RBC Capital	Buy Reiterates $35	Buy	Reiterates	$35	+16.67%	Apr 5, 2024
Michael Blum Wells Fargo	Wells Fargo	Buy Maintains $32 → $33	Buy	Maintains	$32 → $33	+10.00%	Apr 4, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

56.63B

from 49.72B

13.91%

from 49.72B

Revenue Next Year

59.85B

from 56.63B

5.69%

from 56.63B

EPS This Year

2.74

from 2.52

8.57%

from 2.52

EPS Next Year

2.89

from 2.74

5.56%

from 2.74

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	32.79B	27.20B	40.81B	58.19B	49.72B	56.63B	59.85B	61.52B	59.43B	61.21B
Revenue Growth	-10.25%	-17.05%	50.03%	42.59%	-14.56%	13.91%	5.69%	2.79%	-3.41%	3.00%
EPS	2.09	1.71	2.10	2.50	2.52	2.74	2.89	2.95	2.88	2.97
EPS Growth	9.42%	-18.18%	22.81%	19.05%	0.80%	8.57%	5.56%	2.29%	-2.56%	3.16%
Forward PE	-	-	-	-	-	10.96	10.39	10.15	10.42	10.10
No. Analysts	-	-	-	-	-	19	19	12	2	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	62.8B	68.6B	67.7B	61.8B	63.6B
Avg	56.6B	59.9B	61.5B	59.4B	61.2B
Low	50.6B	52.6B	56.1B	57.7B	59.4B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	26.2%	21.2%	13.2%	0.4%	7.1%
Avg	13.9%	5.7%	2.8%	-3.4%	3.0%
Low	1.7%	-7.1%	-6.3%	-6.3%	-0.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	2.97	3.20	3.24	2.99	3.09
Avg	2.74	2.89	2.95	2.88	2.97
Low	2.57	2.70	2.54	2.79	2.88

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	17.9%	17.0%	12.3%	1.3%	7.2%
Avg	8.6%	5.6%	2.3%	-2.6%	3.2%
Low	1.9%	-1.5%	-12.1%	-5.5%	0.1%

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.