Murphy Oil Stock Forecast

Stock Price Forecast

According to 15 analysts polled by S&P Global, Murphy Oil stock has a consensus rating of "Hold" and an average price target of $39.64. The average 1-year stock price forecast is 8.78% higher than the current stock price, while the lowest is $32 (-12.18%) and the highest is $52 (+42.70%).

Price Target: $39.64 (+8.78%)

Analyst Consensus: Hold

Price Target

Chart

Target	Low	Average	Median	High
Price	$32	$39.64	$40	$52
Change	-12.18%	+8.78%	+9.77%	+42.70%

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	Apr '26	May '26	Jun '26	Jul '26	Aug '26	Sep '26
Strong Buy	1	1	2	2	2	2
Buy	1	1	1	1	1	1
Hold	13	13	11	11	10	10
Sell	0	0	0	0	1	1
Strong Sell	1	1	1	1	1	1
Total	16	16	15	15	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Seaport Global No rating	Seaport Global	Hold Initiates $38	Hold	Initiates	$38	+4.28%	Sep 3, 2026
Hanwen Chang Wells Fargo	Wells Fargo	Hold Reiterates $45 → $41	Hold	Reiterates	$45 → $41	+12.51%	Sep 2, 2026
Devin McDermott Morgan Stanley	Morgan Stanley	Sell Reiterates $35 → $36	Sell	Reiterates	$35 → $36	-1.21%	Aug 19, 2026
Betty Jiang Barclays	Barclays	Sell Downgrades $38 → $34	Sell	Downgrades	$38 → $34	-6.70%	Aug 17, 2026
Arun Jayaram J.P. Morgan	J.P. Morgan	Hold Maintains $42 → $43	Hold	Maintains	$42 → $43	+18.00%	Aug 13, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

3.19B

from 2.69B

18.46%

from 2.69B

Revenue Next Year

3.15B

from 3.19B

-1.17%

from 3.19B

EPS This Year

2.89

from 1.37

111.11%

from 1.37

EPS Next Year

2.96

from 2.89

2.46%

from 2.89

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	3.19B
Revenue Growth	43.33%	50.65%	-18.28%	-12.48%	-10.89%	18.46%
Gross Profit	2.03B	3.10B	2.34B	2.26B	2.04B	2.35B
Gross Margin	72.59%	73.44%	67.76%	74.73%	75.71%	73.72%
Operating Income	516.96M	1.63B	1.03B	591.01M	278.19M	707.87M
Net Income	-73.66M	965.05M	661.56M	407.17M	104.23M	458.04M
EPS	-	-	-	-	1.37	2.89
EPS Growth	-	-	-	-	-50.36%	111.11%
Forward PE	9.51	5.90	7.52	9.22	23.03	12.60
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	1.16B	647.76M	136.82M	589.93M	291.26M	334.50M
No. Analysts	-	-	-	-	-	7

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

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	3.3B
Avg	3.2B
Low	3.1B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	22.5%
Avg	18.5%
Low	15.5%

EPS Forecast

Chart

EPS	2026	2027	2028
High	4.39
Avg	2.89
Low	1.44

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	220.4%
Avg	111.1%
Low	5.1%