Ecopetrol (EC) Stock Forecast, Price Target & Predictions
EC Stock Forecast
Ecopetrol stock forecast is as follows: an average price target of $8.50 (represents a 10.25% upside from EC’s last price of $7.71) 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 $8.50 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $10.20 to $6.80. This represents a potential 10.25% upside from EC's last price of $7.71.
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 |
|---|---|---|---|---|---|---|
| Dec 02, 2024 | Alejandro Demichelis | Jefferies | $6.80 | $8.03 | -15.32% | -11.80% |
| Aug 28, 2024 | Rodrigo Reis de Almeida | Banco Santander | $10.20 | $10.09 | 1.09% | 32.30% |
| Apr 30, 2024 | Daniel Guardiola | BTG Pactual | $12.50 | $11.74 | 6.47% | 62.13% |
The latest Ecopetrol stock forecast, released on Dec 02, 2024 by Alejandro Demichelis from Jefferies, set a price target of $6.80, which represents a -15.32% decrease from the stock price at the time of the forecast ($8.03), and a -11.80% decrease from EC last price ($7.71).
Ecopetrol Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 3 |
| Avg Price Target | $6.80 | $6.80 | $9.83 |
| Last Closing Price | $7.71 | $7.71 | $7.71 |
| Upside/Downside | -11.80% | -11.80% | 27.50% |
In the current month, the average price target of Ecopetrol stock is $6.80, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -11.80% decrease as opposed to Ecopetrol's last price of $7.71. This month's average price target is down 0.00% compared to last quarter, and down -30.82% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 02, 2024 | Jefferies | Underperform | Underperform | Hold |
| Aug 28, 2024 | Santander | Underperform | Downgrade | |
| Sep 13, 2023 | Citigroup | Buy | Initialise |
Ecopetrol's last stock rating was published by Jefferies on Dec 02, 2024. The company gave EC a "Underperform" rating, the same as its previous rate.
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 | Jun 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $16.99T | $13.37T |
| Avg Forecast | $46.29T | $43.67T | $29.06T | $29.06T | $28.38T | $32.80T | $33.47T | $32.89T | $35.56T | $34.51T | $35.53T | $37.65T | $44.56T | $44.21T | $40.27T | $33.54T | $26.27T | $22.00T | $20.25T | $16.94T | $12.87T | $11.19T | $8.76T | $15.04T | $17.83T | $17.87T | $17.69T | $16.10T | $101.86B | $172.91B |
| High Forecast | $48.22T | $45.49T | $30.27T | $30.27T | $30.80T | $32.97T | $34.87T | $34.26T | $35.72T | $35.95T | $37.01T | $39.22T | $46.42T | $44.21T | $40.27T | $33.54T | $26.27T | $22.00T | $20.25T | $16.94T | $12.87T | $11.19T | $8.76T | $15.04T | $17.83T | $17.87T | $17.69T | $16.10T | $122.24B | $207.49B |
| Low Forecast | $44.80T | $42.26T | $28.13T | $28.13T | $26.51T | $32.64T | $32.39T | $31.83T | $35.40T | $33.40T | $34.39T | $36.44T | $43.13T | $44.21T | $40.27T | $33.54T | $26.27T | $22.00T | $20.25T | $16.94T | $12.87T | $11.19T | $8.76T | $15.04T | $17.83T | $17.87T | $17.69T | $16.10T | $81.49B | $138.33B |
| # Analysts | 1 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 16 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.89% | 0.98% | 1.09% | 0.97% | 1.21% | 1.06% | 0.96% | 1.02% | 1.12% | 1.10% | 0.96% | 1.00% | 1.08% | 1.01% | 1.03% | 0.99% | 166.76% | 77.33% |
Ecopetrol's average Quarter revenue forecast for Jun 23 based on 1 analysts is $35.53T, with a low forecast of $34.39T, and a high forecast of $37.01T. 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 | Jun 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 16 | 10 |
| 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 | $8.04T | $4.72T |
| Avg Forecast | $19.82T | $18.70T | $12.44T | $12.44T | $12.15T | $14.05T | $14.33T | $14.08T | $15.23T | $14.78T | $15.21T | $16.12T | $19.08T | $17.10T | $15.57T | $12.97T | $10.16T | $8.51T | $7.83T | $6.55T | $4.98T | $4.33T | $3.39T | $5.82T | $6.89T | $6.91T | $6.84T | $6.23T | $39.39B | $66.87B |
| High Forecast | $20.64T | $19.48T | $12.96T | $12.96T | $13.19T | $14.12T | $14.93T | $14.67T | $15.29T | $15.39T | $15.85T | $16.79T | $19.87T | $17.10T | $15.57T | $12.97T | $10.16T | $8.51T | $7.83T | $6.55T | $4.98T | $4.33T | $3.39T | $5.82T | $6.89T | $6.91T | $6.84T | $6.23T | $47.27B | $80.24B |
| Low Forecast | $19.18T | $18.10T | $12.04T | $12.04T | $11.35T | $13.98T | $13.87T | $13.63T | $15.16T | $14.30T | $14.72T | $15.60T | $18.47T | $17.10T | $15.57T | $12.97T | $10.16T | $8.51T | $7.83T | $6.55T | $4.98T | $4.33T | $3.39T | $5.82T | $6.89T | $6.91T | $6.84T | $6.23T | $31.51B | $53.49B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.79% | 1.27% | 1.39% | 1.17% | 1.19% | 1.02% | 1.01% | 1.18% | 1.13% | 0.99% | 0.85% | 0.74% | 1.13% | 1.06% | 1.14% | 1.08% | 204.18% | 70.62% |
1 analysts predict EC's average Quarter EBITDA for Jun 23 to be $15.21T, with a high of $15.85T and a low of $14.72T. This is -8.56% 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 | Jun 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 16 | 10 |
| 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 | $3.52T | $886.00B |
| Avg Forecast | $131.00T | $75.09T | $67.48T | $61.09T | $57.04T | $74.58T | $80.25T | $32014.63T | $92.66T | $92.16T | $88.32T | $41144.59T | $15928.48T | $11.62T | $9.39T | $35491.42T | $4.91T | $4.49T | $4.11T | $11334.60T | $1.49T | $4453.84T | $-182.14B | $1.17T | $3.39T | $3.12T | $3.42T | $6701.22T | $9783.94T | $3551.08T |
| High Forecast | $138.10T | $79.16T | $71.13T | $64.40T | $60.14T | $105.39T | $81.20T | $38417.55T | $94.44T | $97.16T | $93.11T | $49373.51T | $19114.18T | $11.74T | $9.61T | $42589.71T | $4.91T | $4.49T | $4.11T | $13601.52T | $1.49T | $5344.61T | $-182.14B | $1.17T | $3.39T | $3.12T | $3.42T | $8041.47T | $11740.73T | $4261.29T |
| Low Forecast | $125.53T | $71.95T | $64.66T | $58.53T | $54.66T | $48.64T | $79.30T | $25611.70T | $90.88T | $88.31T | $84.63T | $32915.67T | $12742.79T | $11.50T | $9.16T | $28393.14T | $4.91T | $4.49T | $4.11T | $9067.68T | $1.49T | $3563.07T | $-182.14B | $1.17T | $3.39T | $3.12T | $3.42T | $5360.98T | $7827.15T | $2840.86T |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.00% | 0.00% | 0.67% | 1.12% | 0.00% | 1.43% | 0.85% | 0.91% | 0.00% | 0.39% | 0.00% | -0.12% | 0.91% | 1.33% | 0.96% | 1.02% | 0.00% | 0.00% | 0.00% |
Ecopetrol's average Quarter net income forecast for Jun 23 is $88.32T, with a range of $84.63T to $93.11T. EC's average Quarter net income forecast represents a 1460.41% increase 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 | Jun 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 16 | 10 |
| 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 | $729.00B | $899.00B |
| Avg Forecast | $2.92T | $2.76T | $1.83T | $1.83T | $1.79T | $2.07T | $2.11T | $2.08T | $2.24T | $2.18T | $2.24T | $2.38T | $-1012.72T | $2.67T | $2.43T | $2.03T | $1.59T | $1.33T | $1.22T | $1.02T | $777.89B | $675.97B | $529.45B | $908.71B | $1.08T | $1.08T | $1.07T | $973.11B | $6.15B | $10.45B |
| High Forecast | $3.04T | $2.87T | $1.91T | $1.91T | $1.94T | $2.08T | $2.20T | $2.16T | $2.26T | $2.27T | $2.34T | $2.48T | $-810.17T | $2.67T | $2.43T | $2.03T | $1.59T | $1.33T | $1.22T | $1.02T | $777.89B | $675.97B | $529.45B | $908.71B | $1.08T | $1.08T | $1.07T | $973.11B | $7.39B | $12.54B |
| Low Forecast | $2.83T | $2.67T | $1.78T | $1.78T | $1.67T | $2.06T | $2.05T | $2.01T | $2.23T | $2.11T | $2.17T | $2.30T | $-1215.26T | $2.67T | $2.43T | $2.03T | $1.59T | $1.33T | $1.22T | $1.02T | $777.89B | $675.97B | $529.45B | $908.71B | $1.08T | $1.08T | $1.07T | $973.11B | $4.92B | $8.36B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.89% | -0.00% | -0.34% | 0.72% | 0.94% | 1.12% | 1.07% | 1.14% | 0.58% | 1.66% | 1.78% | -0.26% | 1.14% | -0.27% | 0.93% | 0.83% | 0.71% | 118.44% | 86.05% |
Ecopetrol's average Quarter SG&A projection for Jun 23 is $2.24T, based on 1 Wall Street analysts, with a range of $2.17T to $2.34T. The forecast indicates a 6.55% 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 | Jun 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 16 | 10 |
| 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 | $1.71K | $430.97 |
| Avg Forecast | $3.19K | $1.83K | $1.64K | $1.49K | $1.39K | $1.81K | $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 | $571.18 | $1.65K | $1.52K | $1.66K | $1.11K | $1.58K | $921.84 |
| High Forecast | $3.36K | $1.93K | $1.73K | $1.57K | $1.46K | $2.56K | $1.97K | $2.09K | $2.30K | $2.36K | $2.26K | $2.57K | $4.25K | $5.71K | $4.68K | $3.49K | $2.39K | $2.18K | $2.00K | $1.28K | $723.30 | $525.84 | $-88.60 | $571.18 | $1.65K | $1.52K | $1.66K | $1.11K | $1.91K | $1.09K |
| Low Forecast | $3.05K | $1.75K | $1.57K | $1.42K | $1.33K | $1.18K | $1.93K | $2.08K | $2.21K | $2.15K | $2.06K | $2.34K | $3.86K | $5.59K | $4.46K | $3.49K | $2.39K | $2.18K | $2.00K | $1.28K | $723.30 | $525.84 | $-88.60 | $571.18 | $1.65K | $1.52K | $1.66K | $1.11K | $1.26K | $748.99 |
| 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% | 1.56% | 0.96% | 1.02% | 1.20% | 1.08% | 0.47% |
According to 1 Wall Street analysts, Ecopetrol's projected average Quarter EPS for Jun 23 is $2.15K, with a low estimate of $2.06K and a high estimate of $2.26K. 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 | $22.68 | $82.50 | 263.76% | Hold |
| CVE | Cenovus Energy | $14.77 | $31.00 | 109.88% | Buy |
| BP | BP p.l.c. | $29.08 | $47.50 | 63.34% | Buy |
| E | Eni S.p.A. | $26.85 | $39.60 | 47.49% | Buy |
| SHEL | Shell | $61.88 | $88.00 | 42.21% | Buy |
| TTE | TotalEnergies SE | $54.25 | $77.00 | 41.94% | Hold |
| NFG | National Fuel Gas Company | $60.63 | $76.00 | 25.35% | Buy |
| PBR | Petróleo Brasileiro S.A. - Petrobras | $13.52 | $16.50 | 22.04% | Buy |
| EC | Ecopetrol | $7.89 | $8.50 | 7.73% | Buy |
| YPF | YPF Sociedad Anónima | $44.88 | $29.50 | -34.27% | Buy |