Equinor ASA Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Equinor ASA stock has a consensus rating of "Hold" and an average price target of $35.35. The average 1-year stock price forecast is 12.08% higher than the current stock price, while the lowest is $33 (+4.63%) and the highest is $40.4 (+28.09%).

Price Target: $35.35 (+12.08%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$33	$35.35	$34.35	$40.4
Change	+4.63%	+12.08%	+8.91%	+28.09%

Analyst Ratings

The average analyst rating for Equinor ASA stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	1	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	3	4	4	5	4	4
Sell	1	1	2	1	2	2
Strong Sell	1	1	0	0	0	0
Total	6	6	6	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jason Gabelman TD Cowen	TD Cowen	Hold Maintains $42 → $37	Hold	Maintains	$42 → $37	+17.31%	Jun 29, 2026
Michele Della Vigna Goldman Sachs	Goldman Sachs	Sell Maintains n/a	Sell	Maintains	n/a	n/a	Jun 16, 2026
Peter Low Rothschild & Co Redburn	Rothschild & Co Redburn	Hold Upgrades $37	Hold	Upgrades	$37	+15.73%	Apr 9, 2026
Unknown Analyst Berenberg Bank No rating	Berenberg Bank	Hold Maintains $23 → $38	Hold	Maintains	$23 → $38	+19.53%	Apr 2, 2026
Martijn Rats Morgan Stanley	Morgan Stanley	Hold Upgrades $23 → $40	Hold	Upgrades	$23 → $40	+28.09%	Mar 24, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

123.72B

from 105.83B

16.91%

from 105.83B

Revenue Next Year

112.42B

from 123.72B

-9.14%

from 123.72B

EPS This Year

5.01

from 2.47

102.77%

from 2.47

EPS Next Year

3.93

from 5.01

-21.44%

from 5.01

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Jan 1, 2024	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	90.67B	149.00B	106.85B	102.50B	105.83B	123.72B
Revenue Growth	98.11%	64.35%	-28.29%	-4.07%	3.25%	16.91%
Gross Profit	46.91B	85.59B	48.09B	41.93B	39.09B	59.76B
Gross Margin	51.74%	57.44%	45.01%	40.91%	36.94%	48.30%
Operating Income	34.24B	74.07B	36.17B	29.11B	26.44B	42.14B
Net Income	8.56B	28.75B	11.89B	8.81B	5.04B	12.25B
EPS	-	-	-	-	2.47	5.01
EPS Growth	-	-	-	-	-23.77%	102.77%
Forward PE	-	-	-	-	-	6.30
Dividend / Share	0.71	0.90	1.25	1.42	1.50	1.58
Dividend Growth	-	26.76%	38.89%	13.60%	5.63%	5.17%
Free Cash Flow	28.63B	46.15B	19.33B	6.81B	22.50B	11.01B
No. Analysts	-	-	-	-	-	14

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	144.5B
Avg	123.7B
Low	109.1B

Revenue Growth

Revenue Growth	2026	2027	2028
High	36.5%
Avg	16.9%
Low	3.1%

EPS Forecast

EPS	2026	2027	2028
High	6.06
Avg	5.01
Low	3.85

EPS Growth

EPS Growth	2026	2027	2028
High	145.3%
Avg	102.8%
Low	55.9%