Murphy Oil Stock Forecast

Stock Price Forecast

According to 17 analysts polled by S&P Global, Murphy Oil stock has a consensus rating of "Hold" and an average price target of $42.47. The average 1-year stock price forecast is 18.17% higher than the current stock price, while the lowest is $34 (-5.40%) and the highest is $54 (+50.25%).

Price Target: $42.47 (+18.17%)

Analyst Consensus: Hold

Price Target

Chart

Target	Low	Average	Median	High
Price	$34	$42.47	$43	$54
Change	-5.40%	+18.17%	+19.64%	+50.25%

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

Chart

Rating	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26	Nov '26
Strong Buy	2	2	2	2	2	2
Buy	1	1	1	1	1	1
Hold	11	11	10	11	12	12
Sell	0	0	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	15	15	15	16	17	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Betty Jiang Barclays	Barclays	Sell Maintains $34	Sell	Maintains	$34	-5.40%	Nov 5, 2026
Neil Mehta Goldman Sachs	Goldman Sachs	Hold Maintains $36 → $44	Hold	Maintains	$36 → $44	+22.43%	Oct 27, 2026
Arun Jayaram J.P. Morgan	J.P. Morgan	Hold Maintains $43 → $49	Hold	Maintains	$43 → $49	+36.34%	Oct 17, 2026
Lloyd Byrne Jefferies	Jefferies	Hold Maintains $33 → $35	Hold	Maintains	$33 → $35	-2.62%	Oct 17, 2026
Devin McDermott Morgan Stanley	Morgan Stanley	Sell Maintains $37	Sell	Maintains	$37	+2.95%	Oct 15, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

3.35B

from 2.69B

24.44%

from 2.69B

Revenue Next Year

3.34B

from 3.35B

-0.25%

from 3.35B

EPS This Year

4.03

from 1.37

194.37%

from 1.37

EPS Next Year

3.80

from 4.03

-5.80%

from 4.03

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.80B	4.22B	3.45B	3.02B	2.69B	3.35B
Revenue Growth	43.33%	50.65%	-18.28%	-12.48%	-10.89%	24.44%
Gross Profit	2.03B	3.10B	2.34B	2.26B	2.04B	2.53B
Gross Margin	72.59%	73.44%	67.76%	74.73%	75.71%	75.49%
Operating Income	516.96M	1.63B	1.03B	591.01M	278.19M	1.01B
Net Income	-73.66M	965.05M	661.56M	407.17M	104.23M	640.99M
EPS	-	-	-	-	1.37	4.03
EPS Growth	-	-	-	-	-50.36%	194.37%
Forward PE	9.51	5.90	7.52	9.22	23.03	8.91
Dividend / Share	0.50	0.83	1.10	1.20	1.30	1.39
Dividend Growth	-20.00%	65.00%	33.33%	9.09%	8.33%	7.17%
Free Cash Flow	-	-	-	-	227.20M	497.50M
No. Analysts	-	-	-	-	-	8

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

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	3.4B
Avg	3.3B
Low	3.3B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	26.4%
Avg	24.4%
Low	22.3%

EPS Forecast

Chart

EPS	2026	2027	2028
High	5.17
Avg	4.03
Low	2.88

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	277.4%
Avg	194.4%
Low	110.2%