Equinor ASA (EQNR)
NYSE: EQNR · IEX Real-Time Price · USD
28.48
-0.30 (-1.04%)
Jul 2, 2024, 4:00 PM EDT - Market closed

Equinor ASA Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Equinor ASA stock has a target of 30, which predicts an increase of 5.34% from the current stock price of 28.48.

Analyst Consensus: Buy
Target Low Average Median High
Price $30 $30 $30 $30
Change +5.34% +5.34% +5.34% +5.34%
* Price targets were last updated on Apr 26, 2024.

Analyst Ratings

The average analyst rating for Equinor ASA stock from 3 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 '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 111111
Buy 111111
Hold 111111
Sell 000000
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
TD Cowen
TD Cowen
Hold
Maintains
$28$30
Hold Maintains $28$30 +5.34% Apr 26, 2024
TD Cowen
TD Cowen
Hold
Maintains
$26$28
Hold Maintains $26$28 -1.69% Apr 10, 2024
TD Cowen
TD Cowen
Hold
Initiates
$28
Hold Initiates $28 -1.69% Jan 10, 2024
B of A Securities
B of A Securities
Strong Buy
Upgrades
n/a
Strong Buy Upgrades n/a n/a Dec 7, 2023
RBC Capital
RBC Capital
Buy
Upgrades
n/a
Buy Upgrades n/a n/a Aug 9, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
108.31B
from 107.17B
Increased by 1.06%
Revenue Next Year
97.53B
from 108.31B
Decreased by -9.95%
EPS This Year
3.49
from 3.93
Decreased by -11.07%
EPS Next Year
3.60
from 3.49
Increased by 2.99%
Year 2019202020212022202320242025202620272028
Revenue
64.36B45.82B90.92B150.81B107.17B108.31B97.53B92.98B80.02B-
Revenue Growth
-19.14%-28.81%98.45%65.86%-28.93%1.06%-9.95%-4.67%-13.93%-
EPS
0.55-1.692.639.033.933.493.603.433.152.62
EPS Growth
-75.77%--243.35%-56.48%-11.07%2.99%-4.74%-8.22%-16.70%
Forward PE
-----8.157.918.319.0510.86
No. Analysts -----28282473
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 207.9B 115.5B 147.1B 88.2B
Avg 108.3B 97.5B 93.0B 80.0B
Low 86.7B 60.7B 50.1B 71.4B

Revenue Growth

Revenue Growth 2024202520262027
High
94.0%
6.7%
50.8%
-5.1%
Avg
1.1%
-10.0%
-4.7%
-13.9%
Low
-19.1%
-43.9%
-48.7%
-23.2%

EPS Forecast

EPS 20242025202620272028
High 4.94 4.47 4.64 3.87 2.70
Avg 3.49 3.60 3.43 3.15 2.62
Low 2.77 2.79 1.96 2.69 2.52

EPS Growth

EPS Growth 20242025202620272028
High
25.6%
28.0%
28.9%
13.0%
-14.2%
Avg
-11.1%
3.0%
-4.7%
-8.2%
-16.7%
Low
-29.4%
-20.1%
-45.4%
-21.7%
-20.0%
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.