Ecopetrol (EC) Stock Forecast, Price Target & Predictions
EC Stock Forecast
Ecopetrol stock forecast is as follows: an average price target of $11.35 (represents a 23.91% upside from EC’s last price of $9.16) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
EC Price Target
The average price target for Ecopetrol (EC) is $11.35 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $12.50 to $10.20. This represents a potential 23.91% upside from EC's last price of $9.16.
EC Analyst Ratings
According to 1 Wall Street analysts, Ecopetrol's rating consensus is 'Buy'. The analyst rating breakdown for EC stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Ecopetrol Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 28, 2024 | Rodrigo Reis de Almeida | Banco Santander | $10.20 | $10.09 | 1.09% | 11.35% |
| Apr 30, 2024 | Daniel Guardiola | BTG Pactual | $12.50 | $11.74 | 6.47% | 36.46% |
The latest Ecopetrol stock forecast, released on Aug 28, 2024 by Rodrigo Reis de Almeida from Banco Santander, set a price target of $10.20, which represents a 1.09% increase from the stock price at the time of the forecast ($10.09), and a 11.35% increase from EC last price ($9.16).
Ecopetrol Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $10.20 | $10.20 | $11.35 |
| Last Closing Price | $9.16 | $9.16 | $9.16 |
| Upside/Downside | 11.35% | 11.35% | 23.91% |
In the current month, the average price target of Ecopetrol stock is $10.20, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 11.35% increase as opposed to Ecopetrol's last price of $9.16. This month's average price target is down 0.00% compared to last quarter, and down -10.13% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 28, 2024 | Santander | - | Underperform | Downgrade |
| Sep 13, 2023 | Citigroup | - | Buy | Initialise |
Ecopetrol's last stock rating was published by Santander on Aug 28, 2024. The company Downgrade its EC rating from "null" to "Underperform".
Ecopetrol Financial Forecast
Ecopetrol Revenue Forecast
| 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 | Jun 19 | Mar 19 | Dec 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $38.85T | $39.68T | $43.54T | $43.88T | $32.47T | $31.76T | $23.33T | $19.44T | $17.21T | $14.39T | $12.32T | $8.44T | $15.07T | $19.22T | $18.01T | $18.31T | $15.94T | $19.10T | $16.99T |
| Avg Forecast | $46.29T | $43.67T | $30.74T | $30.74T | $30.58T | $33.25T | $33.47T | $32.89T | $35.56T | $34.51T | $35.53T | $37.65T | $44.56T | $44.21T | $40.27T | $8.97B | $6.50B | $5.78B | $5.40B | $4.61B | $3.75B | $2.91B | $2.38B | $3.72B | $5.42B | $5.18B | $5.54B | $5.09B | $40.19M | $34.71M |
| High Forecast | $47.19T | $44.51T | $31.33T | $31.33T | $31.17T | $33.89T | $34.61T | $33.53T | $35.72T | $35.18T | $36.22T | $38.38T | $45.42T | $45.07T | $40.27T | $9.57B | $6.93B | $6.16B | $5.77B | $4.92B | $4.00B | $3.10B | $2.54B | $3.97B | $5.78B | $5.53B | $5.91B | $5.43B | $48.23M | $41.65M |
| Low Forecast | $45.15T | $42.60T | $29.98T | $29.98T | $29.83T | $32.43T | $32.33T | $32.08T | $35.40T | $33.67T | $34.66T | $36.73T | $43.47T | $43.13T | $40.27T | $8.36B | $6.06B | $5.39B | $5.04B | $4.30B | $3.50B | $2.71B | $2.22B | $3.47B | $5.05B | $4.84B | $5.17B | $4.75B | $32.15M | $27.77M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 16 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.89% | 0.98% | 1.09% | 3622.11% | 4888.66% | 4039.71% | 3598.11% | 3731.07% | 3833.31% | 4241.09% | 3541.10% | 4050.07% | 3548.24% | 3475.05% | 3305.84% | 3132.75% | 475194.38% | 489409.15% |
Ecopetrol's average Quarter revenue forecast for Jun 23 based on 1 analysts is $35.53T, with a low forecast of $34.66T, and a high forecast of $36.22T. EC's average Quarter revenue forecast represents a -8.56% decrease compared to the company's last Quarter revenue of $38.85T (Mar 23).
Ecopetrol EBITDA Forecast
| 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 | Jun 19 | Mar 19 | Dec 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 16 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $16.64T | $15.06T | $21.68T | $21.65T | $15.20T | $12.04T | $8.69T | $7.89T | $7.72T | $5.64T | $4.30T | $2.88T | $4.32T | $7.80T | $7.36T | $7.81T | $6.73T | $8.12T | $8.04T |
| Avg Forecast | $17.90T | $16.89T | $11.89T | $11.89T | $11.83T | $12.86T | $12.94T | $12.72T | $13.75T | $13.35T | $13.74T | $14.56T | $17.23T | $17.10T | $15.57T | $3.47B | $2.51B | $2.23B | $2.09B | $1.78B | $1.45B | $1.12B | $921.91M | $1.44B | $2.09B | $2.00B | $2.14B | $1.97B | $15.54M | $13.42M |
| High Forecast | $18.25T | $17.21T | $12.12T | $12.12T | $12.05T | $13.11T | $13.39T | $12.97T | $13.81T | $13.61T | $14.01T | $14.84T | $17.57T | $17.43T | $15.57T | $3.70B | $2.68B | $2.38B | $2.23B | $1.90B | $1.55B | $1.20B | $983.71M | $1.54B | $2.24B | $2.14B | $2.29B | $2.10B | $18.65M | $16.11M |
| Low Forecast | $17.46T | $16.47T | $11.59T | $11.59T | $11.54T | $12.54T | $12.50T | $12.41T | $13.69T | $13.02T | $13.40T | $14.20T | $16.81T | $16.68T | $15.57T | $3.23B | $2.34B | $2.08B | $1.95B | $1.66B | $1.35B | $1.05B | $860.11M | $1.34B | $1.95B | $1.87B | $2.00B | $1.84B | $12.43M | $10.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 0.87% | 1.27% | 1.39% | 4384.30% | 4793.85% | 3889.70% | 3774.63% | 4327.23% | 3884.63% | 3826.02% | 3119.60% | 3002.57% | 3721.86% | 3669.03% | 3647.05% | 3421.23% | 522656.22% | 599226.84% |
1 analysts predict EC's average Quarter EBITDA for Jun 23 to be $13.74T, with a high of $14.01T and a low of $13.40T. This is -17.41% lower than Ecopetrol's previous annual EBITDA (Mar 23) of $16.64T.
Ecopetrol Net Income Forecast
| 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 | Jun 19 | Mar 19 | Dec 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 16 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $5.66T | $6.85T | $7.73T | $10.47T | $6.57T | $7.01T | $3.81T | $3.72T | $3.09T | $573.68B | $855.00B | $22.00B | $1.06T | $4.50T | $3.01T | $3.49T | $2.75T | $2.47T | $3.52T |
| Avg Forecast | $7.03T | $4.20T | $3.81T | $3.55T | $3.47T | $4.17T | $4.01T | $32014.63T | $4.63T | $4.61T | $4.42T | $41144.59T | $8.28T | $26402.77T | $187.79T | $9.49T | $98.20T | $6.22T | $4.13T | $3.09T | $29.74T | $1.16T | $-3.64T | $23.41T | $3.66T | $3.37T | $3.68T | $2.12T | $2.70T | $3.33T |
| High Forecast | $7.20T | $4.31T | $3.91T | $3.63T | $3.56T | $4.74T | $5.07T | $38417.55T | $4.72T | $4.72T | $4.53T | $49373.51T | $8.49T | $31683.32T | $187.79T | $11.38T | $106.76T | $7.47T | $4.96T | $3.70T | $32.33T | $1.39T | $-3.33T | $25.44T | $4.39T | $4.05T | $4.41T | $2.54T | $3.24T | $4.00T |
| Low Forecast | $6.80T | $4.07T | $3.69T | $3.43T | $3.36T | $3.31T | $2.96T | $25611.70T | $4.54T | $4.46T | $4.27T | $32915.67T | $8.02T | $21122.21T | $187.79T | $7.59T | $89.64T | $4.98T | $3.30T | $2.47T | $27.15T | $925.41B | $-3.96T | $21.37T | $2.93T | $2.70T | $2.94T | $1.69T | $2.16T | $2.67T |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.00% | 0.83% | 0.00% | 0.06% | 0.69% | 0.07% | 0.61% | 0.90% | 1.00% | 0.02% | 0.74% | -0.01% | 0.05% | 1.23% | 0.89% | 0.95% | 1.30% | 0.92% | 1.06% |
Ecopetrol's average Quarter net income forecast for Jun 23 is $4.42T, with a range of $4.27T to $4.53T. EC's average Quarter net income forecast represents a -21.99% decrease compared to the company's last Quarter net income of $5.66T (Mar 23).
Ecopetrol SG&A Forecast
| 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 | Jun 19 | Mar 19 | Dec 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 16 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $2.10T | $2.78T | $-912.02B | $1.75T | $1.91T | $1.78T | $1.42T | $1.39T | $595.33B | $1.29T | $1.20T | $-138.00B | $1.04T | $-286.17B | $1.01T | $890.00B | $691.00B | $22.29B | $729.00B |
| Avg Forecast | $2.80T | $2.64T | $1.86T | $1.86T | $1.85T | $2.01T | $2.02T | $1.99T | $2.15T | $2.09T | $2.15T | $2.27T | $2.69T | $2.67T | $2.43T | $541.70M | $392.56M | $349.00M | $326.52M | $278.64M | $226.78M | $175.57M | $144.05M | $224.86M | $-232.51B | $313.22M | $334.64M | $307.50M | $2.43M | $2.10M |
| High Forecast | $2.85T | $2.69T | $1.89T | $1.89T | $1.88T | $2.05T | $2.09T | $2.03T | $2.16T | $2.13T | $2.19T | $2.32T | $2.74T | $2.72T | $2.43T | $578.02M | $418.87M | $372.39M | $348.41M | $297.32M | $241.98M | $187.33M | $153.70M | $239.93M | $-186.01B | $334.22M | $357.08M | $328.11M | $2.91M | $2.52M |
| Low Forecast | $2.73T | $2.57T | $1.81T | $1.81T | $1.80T | $1.96T | $1.95T | $1.94T | $2.14T | $2.03T | $2.09T | $2.22T | $2.63T | $2.61T | $2.43T | $505.39M | $366.24M | $325.60M | $304.63M | $259.96M | $211.58M | $163.80M | $134.39M | $209.79M | $-279.02B | $292.22M | $312.21M | $286.89M | $1.94M | $1.68M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 1.03% | -0.34% | 0.72% | 3522.22% | 4542.00% | 4074.54% | 4260.06% | 2136.52% | 5679.16% | 6840.75% | -958.01% | 4625.13% | 1.23% | 3211.80% | 2659.54% | 2247.16% | 9178.60% | 347602.19% |
Ecopetrol's average Quarter SG&A projection for Jun 23 is $2.15T, based on 1 Wall Street analysts, with a range of $2.09T to $2.19T. The forecast indicates a 1.98% rise compared to EC last annual SG&A of $2.10T (Mar 23).
Ecopetrol EPS Forecast
| 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 | Jun 19 | Mar 19 | Dec 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 16 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $2.75K | $3.33K | $5.09K | $5.09K | $3.20K | $3.41K | $1.85K | $1.81K | $1.50K | $328.33 | $415.89 | $10.70 | $517.55 | $2.57K | $1.46K | $1.70K | $1.34K | $1.47K | $1.71K |
| Avg Forecast | $3.42K | $2.04K | $1.85K | $1.72K | $1.69K | $2.03K | $1.95K | $2.09K | $2.25K | $2.24K | $2.15K | $2.44K | $4.03K | $5.65K | $4.57K | $3.49K | $2.39K | $2.18K | $2.00K | $1.28K | $723.30 | $525.84 | $-88.60 | $569.24 | $1.62K | $1.53K | $1.66K | $1.11K | $1.42K | $1.58K |
| High Forecast | $3.50K | $2.09K | $1.90K | $1.77K | $1.73K | $2.30K | $2.47K | $2.14K | $2.30K | $2.30K | $2.20K | $2.50K | $4.13K | $5.79K | $4.57K | $3.79K | $2.60K | $2.37K | $2.17K | $1.39K | $786.33 | $571.67 | $-80.88 | $618.84 | $1.76K | $1.66K | $1.81K | $1.21K | $1.72K | $1.91K |
| Low Forecast | $3.31K | $1.98K | $1.80K | $1.67K | $1.64K | $1.61K | $1.44K | $2.02K | $2.21K | $2.17K | $2.08K | $2.36K | $3.90K | $5.47K | $4.57K | $3.18K | $2.18K | $1.99K | $1.83K | $1.17K | $660.27 | $480.02 | $-96.32 | $519.63 | $1.48K | $1.39K | $1.52K | $1.02K | $1.13K | $1.26K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.13% | 0.83% | 0.90% | 1.12% | 0.92% | 1.43% | 0.85% | 0.91% | 1.17% | 0.45% | 0.79% | -0.12% | 0.91% | 1.59% | 0.96% | 1.02% | 1.20% | 1.03% | 1.08% |
According to 1 Wall Street analysts, Ecopetrol's projected average Quarter EPS for Jun 23 is $2.15K, with a low estimate of $2.08K and a high estimate of $2.20K. This represents a -21.99% decrease compared to EC previous annual EPS of $2.75K (Mar 23).
Ecopetrol Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EQNR | Equinor ASA | $25.09 | $82.50 | 228.82% | Hold |
| BP | BP p.l.c. | $31.84 | $43.18 | 35.62% | Buy |
| E | Eni S.p.A. | $30.93 | $39.60 | 28.03% | Buy |
| NFG | National Fuel Gas Company | $60.25 | $76.00 | 26.14% | Buy |
| SHEL | Shell | $67.45 | $84.67 | 25.53% | Buy |
| EC | Ecopetrol | $9.16 | $11.35 | 23.91% | Buy |
| PBR | Petróleo Brasileiro S.A. - Petrobras | $14.53 | $16.47 | 13.35% | Buy |
| TTE | TotalEnergies SE | $67.65 | $72.00 | 6.43% | Hold |
| CVE | Cenovus Energy | $16.20 | $17.01 | 5.00% | Buy |
| YPF | YPF Sociedad Anónima | $23.31 | $21.03 | -9.78% | Hold |
EC Forecast FAQ
Is Ecopetrol a good buy?
Yes, according to 1 Wall Street analysts, Ecopetrol (EC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of EC's total ratings.
What is EC's price target?
Ecopetrol (EC) average price target is $11.35 with a range of $10.2 to $12.5, implying a 23.91% from its last price of $9.16. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Ecopetrol stock go up soon?
According to Wall Street analysts' prediction for EC stock, the company can go up by 23.91% (from the last price of $9.16 to the average price target of $11.35), up by 36.46% based on the highest stock price target, and up by 11.35% based on the lowest stock price target.
Can Ecopetrol stock reach $14?
EC's average twelve months analyst stock price target of $11.35 does not support the claim that Ecopetrol can reach $14 in the near future.
What is Ecopetrol's current price target trend?
1 Wall Street analyst forecast a $10.2 price target for Ecopetrol (EC) this month, up 11.35% from its last price of $9.16. Compared to the last 3 and 12 months, the average price target increased by 11.35% and increased by 23.91%, respectively.
What are Ecopetrol's analysts' financial forecasts?
Ecopetrol's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $130.19T (high $133.21T, low $126.67T), average EBITDA is $50.34T (high $51.51T, low $48.99T), average net income is $32030T (high $38430T, low $25620T), average SG&A $7.87T (high $8.05T, low $7.65T), and average EPS is $7.75K (high $8.64K, low $6.7K). EC's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $151.43T (high $154.36T, low $147.72T), average EBITDA is $58.56T (high $59.69T, low $57.12T), average net income is $18.58T (high $19.05T, low $17.99T), average SG&A $9.15T (high $9.33T, low $8.93T), and average EPS is $9.04K (high $9.27K, low $8.75K).
Did the EC's actual financial results beat the analysts' financial forecasts?
Based on Ecopetrol's last annual report (Dec 2022), the company's revenue was $159.47T, beating the average analysts forecast of $129.04T by 23.58%. Apple's EBITDA was $71.12T, beating the average prediction of $49.9T by 42.52%. The company's net income was $33.41T, missing the average estimation of $26610T by -99.87%. Apple's SG&A was $8.12T, beating the average forecast of $7.8T by 4.18%. Lastly, the company's EPS was $16.25K, missing the average prediction of $17.73K by -8.37%. In terms of the last quarterly report (Mar 2023), Ecopetrol's revenue was $38.85T, beating the average analysts' forecast of $37.65T by 3.20%. The company's EBITDA was $16.64T, beating the average prediction of $14.56T by 14.27%. Ecopetrol's net income was $5.66T, missing the average estimation of $41140T by -99.99%. The company's SG&A was $2.1T, missing the average forecast of $2.27T by -7.46%. Lastly, the company's EPS was $2.75K, beating the average prediction of $2.44K by 12.96%