Murphy Oil Stock Forecast

Stock Price Forecast

The 15 analysts that cover Murphy Oil stock have a consensus rating of "Hold" and an average price target of $28.83, which forecasts a 15.55% increase in the stock price over the next year. The lowest target is $23 and the highest is $40.

Price Target: $28.83 (+15.55%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$23	$28.83	$28	$40
Change	-7.82%	+15.55%	+12.22%	+60.32%

Analyst Ratings

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

Recommendation Trends

Rating	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	0	0	0	0	0	0
Buy	3	3	2	1	1	1
Hold	9	9	9	12	12	12
Sell	1	1	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	13	13	13	15	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Paul Cheng Scotiabank	Scotiabank	Hold Maintains $22 → $26	Hold	Maintains	$22 → $26	+4.21%	Jul 11, 2025
Betty Jiang Barclays	Barclays	Sell Maintains $22 → $23	Sell	Maintains	$22 → $23	-7.82%	Jul 7, 2025
Roger Read Wells Fargo	Wells Fargo	Hold Maintains $26 → $24	Hold	Maintains	$26 → $24	-3.81%	Jun 26, 2025
Devin McDermott Morgan Stanley	Morgan Stanley	Sell Maintains $27 → $26	Sell	Maintains	$27 → $26	+4.21%	May 23, 2025
Charles Meade Johnson Rice	Johnson Rice	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	May 21, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.72B

from 3.02B

-10.06%

from 3.02B

Revenue Next Year

2.87B

from 2.72B

5.60%

from 2.72B

EPS This Year

1.57

from 2.70

-41.77%

from 2.70

EPS Next Year

2.51

from 1.57

59.54%

from 1.57

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.95B	2.80B	4.22B	3.45B	3.02B	2.72B	2.87B	3.04B
Revenue Growth	-30.63%	43.33%	50.65%	-18.28%	-12.48%	-10.06%	5.60%	6.00%
EPS	-7.48	-0.48	6.13	4.22	2.70	1.57	2.51	3.37
EPS Growth	-	-	-	-31.11%	-36.00%	-41.77%	59.54%	34.30%
Forward PE	-	-	-	-	-	15.86	9.94	7.40
No. Analysts	-	-	-	-	-	18	18	12

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

Revenue Forecast

Revenue	2025	2026	2027
High	3.0B	3.3B	3.4B
Avg	2.7B	2.9B	3.0B
Low	2.4B	2.5B	2.6B

Revenue Growth

Revenue Growth	2025	2026	2027
High	-0.1%	20.8%	17.9%
Avg	-10.1%	5.6%	6.0%
Low	-19.1%	-7.6%	-8.9%

EPS Forecast

EPS	2025	2026	2027
High	2.52	3.79	5.04
Avg	1.57	2.51	3.37
Low	0.53	1.17	1.81

EPS Growth

EPS Growth	2025	2026	2027
High	-6.7%	141.0%	100.8%
Avg	-41.8%	59.5%	34.3%
Low	-80.4%	-25.9%	-27.8%

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.