BP p.l.c. (BP) Stock Forecast, Price Target & Predictions
BP Stock Forecast
BP p.l.c. stock forecast is as follows: an average price target of $43.18 (represents a 35.36% upside from BP’s last price of $31.90) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.
BP Price Target
BP Analyst Ratings
BP p.l.c. Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jul 30, 2024 | Doug Leggate | Wolfe Research | $59.00 | $34.96 | 68.76% | 84.95% |
Jul 17, 2024 | Doug Leggate | Wolfe Research | $57.00 | $35.42 | 60.93% | 78.68% |
Jul 15, 2024 | Martijn Rats | Morgan Stanley | $41.50 | $35.19 | 17.93% | 30.09% |
Jul 12, 2024 | Paul Cheng | Scotiabank | $42.00 | $35.05 | 19.83% | 31.66% |
Apr 18, 2024 | Ryan Todd | Piper Sandler | $43.00 | $38.37 | 12.07% | 34.80% |
Apr 11, 2024 | Paul Cheng | Scotiabank | $47.00 | $39.42 | 19.23% | 47.34% |
Apr 11, 2024 | Roger Read | Wells Fargo | $42.00 | $39.42 | 6.54% | 31.66% |
Mar 14, 2024 | Ryan Todd | Piper Sandler | $40.00 | $37.49 | 6.70% | 25.39% |
Mar 03, 2024 | Giacomo Romeo | Jefferies | $42.30 | $35.64 | 18.69% | 32.60% |
Jul 13, 2023 | Justin Jenkins | Raymond James | $45.00 | $36.62 | 22.88% | 41.07% |
BP p.l.c. Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 4 | 9 |
Avg Price Target | - | $49.88 | $45.98 |
Last Closing Price | $31.90 | $31.90 | $31.90 |
Upside/Downside | -100.00% | 56.36% | 44.14% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 08, 2024 | HSBC | - | Hold | Downgrade |
Aug 07, 2024 | RBC Capital | Outperform | Sector Perform | Downgrade |
Jul 31, 2024 | Goldman Sachs | Buy | Buy | Hold |
Jul 30, 2024 | Wolfe Research | Outperform | Outperform | Hold |
Jul 17, 2024 | Wolfe Research | - | Outperform | Initialise |
Jul 15, 2024 | Morgan Stanley | Overweight | Equal-Weight | Downgrade |
Jul 12, 2024 | Scotiabank | Outperform | Outperform | Hold |
Jun 21, 2024 | Citigroup | Buy | Buy | Hold |
Apr 18, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Apr 12, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
BP p.l.c. Financial Forecast
BP p.l.c. Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $56.18B | $69.26B | $55.01B | $67.87B | $49.26B | $50.55B | $36.17B | $36.47B | $34.54B | $44.79B | $44.25B | $31.68B | $59.65B | $71.11B | $68.29B |
Avg Forecast | $46.26B | $46.23B | $45.80B | $45.43B | $53.07B | $54.61B | $53.94B | $51.04B | $52.51B | $52.44B | $52.43B | $53.65B | $53.14B | $55.24B | $52.83B | $56.84B | $55.39B | $59.18B | $59.26B | $55.86B | $52.76B | $40.10B | $38.35B | $54.73B | $48.78B | $49.68B | $41.44B | $43.49B | $68.09B | $62.35B |
High Forecast | $57.55B | $57.51B | $56.98B | $56.52B | $66.03B | $67.94B | $67.11B | $63.50B | $65.33B | $53.42B | $65.23B | $66.74B | $59.01B | $64.11B | $65.73B | $70.72B | $68.92B | $73.63B | $59.26B | $67.36B | $63.62B | $48.36B | $46.25B | $66.00B | $58.83B | $59.91B | $49.97B | $52.45B | $82.12B | $75.19B |
Low Forecast | $38.60B | $38.57B | $38.22B | $37.91B | $44.28B | $45.56B | $45.01B | $42.59B | $43.81B | $51.45B | $43.75B | $44.76B | $44.03B | $49.23B | $44.08B | $47.43B | $46.22B | $49.38B | $59.26B | $48.13B | $45.46B | $34.56B | $33.05B | $47.16B | $42.03B | $42.81B | $35.71B | $37.48B | $58.68B | $53.73B |
# Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 4 | 7 | 4 | 6 | 4 | 6 | 3 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.25% | 0.93% | 1.15% | 0.88% | 0.96% | 0.90% | 0.95% | 0.63% | 0.92% | 0.89% | 0.76% | 1.37% | 1.04% | 1.10% |
BP p.l.c. EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 4 | 7 | 4 | 6 | 4 | 6 | 3 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $16.48B | $24.97B | $4.84B | $17.35B | $12.31B | $8.15B | $3.98B | $9.24B | $10.46B | $-4.63B | $4.32B | $-6.59B | $436.00M | $5.72B | $5.25B |
Avg Forecast | $8.61B | $8.61B | $8.53B | $8.46B | $9.88B | $10.17B | $10.04B | $9.50B | $9.78B | $9.76B | $9.76B | $-10.44B | $9.90B | $10.29B | $9.84B | $-9.49B | $10.31B | $4.24B | $11.03B | $-8.63B | $8.10B | $3.85B | $5.91B | $10.35B | $-6.48B | $10.72B | $-4.31B | $498.29M | $4.76B | $4.63B |
High Forecast | $10.72B | $10.71B | $10.61B | $10.53B | $12.30B | $12.65B | $12.50B | $11.82B | $12.16B | $9.95B | $12.15B | $-8.35B | $10.99B | $11.94B | $12.24B | $-7.59B | $12.83B | $5.08B | $11.03B | $-6.90B | $9.72B | $4.62B | $7.09B | $12.41B | $-5.18B | $12.87B | $-3.44B | $597.94M | $5.71B | $5.55B |
Low Forecast | $7.19B | $7.18B | $7.12B | $7.06B | $8.25B | $8.48B | $8.38B | $7.93B | $8.16B | $9.58B | $8.15B | $-12.53B | $8.20B | $9.17B | $8.21B | $-11.39B | $8.61B | $3.39B | $11.03B | $-10.35B | $6.48B | $3.08B | $4.73B | $8.28B | $-7.78B | $8.58B | $-5.17B | $398.63M | $3.80B | $3.70B |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.74% | 2.42% | 1.14% | 1.57% | -1.43% | 1.01% | 1.03% | 1.56% | 1.01% | 0.71% | 0.40% | 1.53% | 0.88% | 1.20% | 1.13% |
BP p.l.c. Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 4 | 7 | 4 | 6 | 4 | 6 | 3 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $8.22B | $10.80B | $-1.98B | $9.26B | $-20.07B | $2.58B | $-2.54B | $3.12B | $4.67B | $1.36B | $-450.00M | $-16.85B | $-4.37B | $19.00M | $-749.00M |
Avg Forecast | $3.60B | $3.55B | $3.34B | $3.28B | $3.57B | $3.63B | $3.39B | $3.02B | $3.00B | $2.90B | $2.53B | $-15.74B | $2.66B | $3.87B | $3.17B | $-14.31B | $4.64B | $-2.71B | $6.02B | $-13.01B | $2.23B | $-2.46B | $1.99B | $4.62B | $1.90B | $-1.11B | $-11.01B | $-4.99B | $15.78M | $-660.14M |
High Forecast | $4.74B | $4.68B | $4.40B | $4.32B | $4.70B | $4.79B | $4.47B | $3.98B | $3.96B | $3.41B | $3.34B | $-12.59B | $3.29B | $4.38B | $4.18B | $-11.45B | $6.12B | $-2.17B | $6.02B | $-10.41B | $2.67B | $-1.97B | $2.39B | $5.54B | $2.28B | $-891.00M | $-8.80B | $-3.99B | $18.94M | $-528.11M |
Low Forecast | $2.82B | $2.79B | $2.62B | $2.58B | $2.80B | $2.85B | $2.66B | $2.37B | $2.36B | $2.68B | $1.99B | $-18.89B | $2.32B | $3.39B | $2.49B | $-17.17B | $3.64B | $-3.25B | $6.02B | $-15.61B | $1.78B | $-2.96B | $1.59B | $3.69B | $1.52B | $-1.34B | $-13.21B | $-5.99B | $12.63M | $-792.16M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.57% | 2.33% | 0.73% | 1.54% | 1.54% | 1.16% | 1.03% | 1.56% | 1.01% | 0.71% | 0.40% | 1.53% | 0.88% | 1.20% | 1.13% |
BP p.l.c. SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 4 | 7 | 4 | 6 | 4 | 6 | 3 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.75B | $3.65B | $3.26B | $3.45B | $3.08B | $6.73B | $6.15B | $5.75B | $5.23B | $5.54B | $4.87B | $5.02B | $5.37B | $5.99B | $5.30B |
Avg Forecast | $3.21B | $3.21B | $3.18B | $3.15B | $3.68B | $3.79B | $3.74B | $3.54B | $3.64B | $3.64B | $3.64B | $2.38B | $3.69B | $3.83B | $3.67B | $2.16B | $3.84B | $3.28B | $4.11B | $1.97B | $3.22B | $2.98B | $1.84B | $2.59B | $3.88B | $6.03B | $1.64B | $3.07B | $2.49B | $2.33B |
High Forecast | $3.99B | $3.99B | $3.95B | $3.92B | $4.58B | $4.72B | $4.66B | $4.41B | $4.53B | $3.71B | $4.53B | $2.85B | $4.10B | $4.45B | $4.56B | $2.60B | $4.78B | $3.93B | $4.11B | $2.36B | $3.87B | $3.58B | $2.20B | $3.10B | $4.65B | $7.23B | $1.97B | $3.68B | $2.99B | $2.80B |
Low Forecast | $2.68B | $2.68B | $2.65B | $2.63B | $3.07B | $3.16B | $3.12B | $2.96B | $3.04B | $3.57B | $3.04B | $1.90B | $3.06B | $3.42B | $3.06B | $1.73B | $3.21B | $2.62B | $4.11B | $1.57B | $2.58B | $2.38B | $1.47B | $2.07B | $3.10B | $4.82B | $1.31B | $2.45B | $1.99B | $1.87B |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.73% | 0.95% | 0.99% | 0.84% | 1.57% | 2.09% | 2.06% | 3.13% | 2.02% | 1.43% | 0.81% | 3.06% | 1.75% | 2.41% | 2.27% |
BP p.l.c. EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 4 | 7 | 4 | 6 | 4 | 6 | 3 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.76 | $3.57 | $-0.63 | $2.86 | $-6.17 | $0.78 | $-0.76 | $0.92 | $1.38 | $0.40 | $-0.13 | $-5.00 | $-1.30 | $0.01 | $-0.22 |
Avg Forecast | $1.30 | $1.28 | $1.21 | $1.19 | $1.29 | $1.31 | $1.23 | $1.09 | $1.09 | $1.05 | $0.92 | $1.02 | $0.96 | $1.40 | $1.15 | $1.38 | $1.68 | $1.95 | $2.10 | $1.40 | $1.16 | $0.90 | $0.59 | $0.43 | $0.09 | $-0.05 | $-2.36 | $0.23 | $0.63 | $0.58 |
High Forecast | $1.71 | $1.69 | $1.59 | $1.56 | $1.70 | $1.73 | $1.62 | $1.44 | $1.43 | $1.23 | $1.21 | $1.34 | $1.19 | $1.59 | $1.51 | $1.82 | $2.21 | $2.57 | $2.10 | $1.77 | $1.47 | $1.14 | $0.75 | $0.55 | $0.11 | $-0.04 | $-1.93 | $0.29 | $0.80 | $0.74 |
Low Forecast | $1.02 | $1.01 | $0.95 | $0.93 | $1.01 | $1.03 | $0.96 | $0.86 | $0.85 | $0.97 | $0.72 | $0.80 | $0.84 | $1.23 | $0.90 | $1.09 | $1.32 | $1.53 | $2.10 | $1.15 | $0.95 | $0.74 | $0.48 | $0.36 | $0.07 | $-0.07 | $-2.99 | $0.19 | $0.52 | $0.48 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.99% | 2.13% | -0.32% | 1.36% | -4.41% | 0.67% | -0.85% | 1.56% | 3.18% | 4.50% | 2.44% | 2.12% | -5.72% | 0.01% | -0.38% |
BP p.l.c. Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
EQNR | Equinor ASA | $24.93 | $82.50 | 230.93% | Hold |
BP | BP p.l.c. | $31.90 | $43.18 | 35.36% | Buy |
E | Eni S.p.A. | $30.96 | $39.60 | 27.91% | Buy |
SHEL | Shell | $66.91 | $84.67 | 26.54% | Buy |
CVX | Chevron | $138.56 | $174.93 | 26.25% | Buy |
EC | Ecopetrol | $9.19 | $11.35 | 23.50% | Buy |
PBR | Petróleo Brasileiro S.A. - Petrobras | $14.75 | $16.47 | 11.66% | Buy |
SU | Suncor Energy | $37.32 | $40.78 | 9.27% | Buy |
TTE | TotalEnergies SE | $66.30 | $72.00 | 8.60% | Hold |
XOM | Exxon Mobil | $112.64 | $118.02 | 4.78% | Buy |
YPF | YPF Sociedad Anónima | $23.35 | $21.03 | -9.94% | Hold |
BP Forecast FAQ
Is BP p.l.c. a good buy?
Yes, according to 14 Wall Street analysts, BP p.l.c. (BP) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 57.14% of BP's total ratings.
What is BP's price target?
BP p.l.c. (BP) average price target is $43.18 with a range of $31 to $59, implying a 35.36% from its last price of $31.9. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will BP p.l.c. stock go up soon?
According to Wall Street analysts' prediction for BP stock, the company can go up by 35.36% (from the last price of $31.9 to the average price target of $43.18), up by 84.95% based on the highest stock price target, and down by -2.82% based on the lowest stock price target.
Can BP p.l.c. stock reach $50?
BP's highest twelve months analyst stock price target of $59 supports the claim that BP p.l.c. can reach $50 in the near future.
What are BP p.l.c.'s analysts' financial forecasts?
BP p.l.c.'s analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $212.66B (high $264.58B, low $177.44B), average EBITDA is $39.6B (high $49.27B, low $33.04B), average net income is $13.61B (high $17.94B, low $10.68B), average SG&A $14.76B (high $18.36B, low $12.32B), and average EPS is $4.92 (high $6.49, low $3.86). BP's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $183.72B (high $228.57B, low $153.29B), average EBITDA is $34.21B (high $42.56B, low $28.54B), average net income is $13.77B (high $18.14B, low $10.81B), average SG&A $12.75B (high $15.86B, low $10.64B), and average EPS is $4.98 (high $6.56, low $3.91).
Did the BP's actual financial results beat the analysts' financial forecasts?
Based on BP p.l.c.'s last annual report (Dec 2022), the company's revenue was $241.39B, beating the average analysts forecast of $229.69B by 5.09%. Apple's EBITDA was $59.47B, beating the average prediction of $16.96B by 250.68%. The company's net income was $-1.357B, missing the average estimation of $-5.064B by -73.20%. Apple's SG&A was $13.45B, beating the average forecast of $13.2B by 1.87%. Lastly, the company's EPS was $-0.43, missing the average prediction of $7.13 by -106.03%. In terms of the last quarterly report (Mar 2023), BP p.l.c.'s revenue was $56.18B, missing the average analysts' forecast of $56.84B by -1.16%. The company's EBITDA was $16.48B, missing the average prediction of $-9.49B by -273.60%. BP p.l.c.'s net income was $8.22B, missing the average estimation of $-14.312B by -157.42%. The company's SG&A was $3.75B, beating the average forecast of $2.16B by 73.27%. Lastly, the company's EPS was $2.76, beating the average prediction of $1.38 by 99.43%