Equinor ASA (EQNR)

Equinor ASA Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Equinor ASA stock have an average target of 26.9, with a low estimate of 25.8 and a high estimate of 28. The average target predicts an increase of 5.32% from the current stock price of 25.54.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$25.8	$26.9	$28	$28
Change	+1.02%	+5.32%	+9.63%	+9.63%

* Price targets were last updated on Aug 29, 2024.

Analyst Ratings

The average analyst rating for Equinor ASA stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	1	1	1	1	1	1
Buy	1	1	1	0	0	0
Hold	1	1	1	2	2	2
Sell	0	0	0	1	1	1
Strong Sell	0	0	0	0	0	0
Total	3	3	3	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Martijn Rats Morgan Stanley	Morgan Stanley	Hold → Sell Downgrades $31 → $26	Hold → Sell	Downgrades	$31 → $26	+1.02%	Aug 29, 2024
Henri Patricot UBS	UBS	Strong Sell → Hold Upgrades n/a	Strong Sell → Hold	Upgrades	n/a	n/a	Aug 8, 2024
Jason Gabelman TD Cowen	TD Cowen	Hold Maintains $30 → $28	Hold	Maintains	$30 → $28	+9.63%	Jul 10, 2024
Jason Gabelman TD Cowen	TD Cowen	Hold Maintains $28 → $30	Hold	Maintains	$28 → $30	+17.46%	Apr 26, 2024
Jason Gabelman TD Cowen	TD Cowen	Hold Maintains $26 → $28	Hold	Maintains	$26 → $28	+9.63%	Apr 10, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

102.66B

Decreased by -3.92%

from 106.85B

Revenue Next Year

96.73B

Decreased by -5.77%

from 102.66B

EPS This Year

3.43

Decreased by -12.77%

from 3.93

EPS Next Year

3.57

Increased by 4.00%

from 3.43

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jan 1, 2020	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	62.91B	45.77B	90.67B	149.00B	106.85B	102.66B	96.73B	90.17B
Revenue Growth	-19.92%	-27.25%	98.11%	64.35%	-28.29%	-3.92%	-5.77%	-6.79%
EPS	0.55	-1.69	2.63	9.03	3.93	3.43	3.57	3.48
EPS Growth	-75.72%	-	-	243.35%	-56.48%	-12.77%	4.00%	-2.39%
Forward PE	-	-	-	-	-	7.45	7.16	7.34
No. Analysts	-	-	-	-	-	28	28	25

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

Revenue Forecast

Revenue	2024	2025	2026	2027
High	117.8B	110.9B	112.3B
Avg	102.7B	96.7B	90.2B
Low	85.6B	59.5B	42.4B

Revenue Growth

Revenue Growth	2024	2025	2026	2027
High	10.3%	8.0%	16.1%
Avg	-3.9%	-5.8%	-6.8%
Low	-19.9%	-42.1%	-56.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	4.12	4.47	4.58
Avg	3.43	3.57	3.48
Low	2.77	2.78	1.99

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	4.7%	30.5%	28.4%
Avg	-12.8%	4.0%	-2.4%
Low	-29.4%	-18.8%	-44.1%

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.