Equinor ASA (EQNR) Stock Forecast, Price Target & Predictions
EQNR Stock Forecast
Equinor ASA stock forecast is as follows: an average price target of $82.50 (represents a 230.93% upside from EQNR’s last price of $24.93) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.
EQNR Price Target
The average price target for Equinor ASA (EQNR) is $82.50 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $82.50 to $82.50. This represents a potential 230.93% upside from EQNR's last price of $24.93.
EQNR Analyst Ratings
According to 6 Wall Street analysts, Equinor ASA's rating consensus is 'Hold'. The analyst rating breakdown for EQNR stock is 0 'Strong Buy' (0.00%), 1 'Buy' (16.67%), 4 'Hold' (66.67%), 1 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).
Equinor ASA Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 19, 2023 | Sector Perform | RBC Capital | $82.50 | $31.61 | 161.03% | 230.93% |
The latest Equinor ASA stock forecast, released on Dec 19, 2023 by Sector Perform from RBC Capital, set a price target of $82.50, which represents a 161.03% increase from the stock price at the time of the forecast ($31.61), and a 230.93% increase from EQNR last price ($24.93).
Equinor ASA Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $82.50 |
| Last Closing Price | $24.93 | $24.93 | $24.93 |
| Upside/Downside | -100.00% | -100.00% | 230.93% |
In the current month, the average price target of Equinor ASA stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Equinor ASA's last price of $24.93. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 03, 2024 | Santander | Underperform | Neutral | Upgrade |
| Aug 29, 2024 | Morgan Stanley | Equal-Weight | Underweight | Downgrade |
| Jul 15, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jul 08, 2024 | Pareto | - | Hold | Upgrade |
| Jun 18, 2024 | Danske Bank | - | Hold | Upgrade |
| May 13, 2024 | Santander | - | Underperform | Downgrade |
| Apr 12, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Apr 02, 2024 | Bernstein | - | Outperform | Initialise |
| Dec 19, 2023 | RBC Capital | Outperform | Sector Perform | Downgrade |
| Aug 09, 2023 | RBC Capital | - | Outperform | Upgrade |
Equinor ASA's last stock rating was published by Santander on Sep 03, 2024. The company Upgrade its EQNR rating from "Underperform" to "Neutral".
Equinor ASA Financial Forecast
Equinor ASA Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $33.84B | $42.73B | $36.39B | $36.05B | $32.13B | $23.11B |
| Avg Forecast | $73.53B | $69.32B | $65.36B | $61.62B | $58.09B | $54.77B | $51.63B | $48.68B | $24.41B | $24.34B | $24.45B | $24.57B | $24.78B | $24.73B | $24.59B | $24.44B | $26.57B | $24.80B | $24.59B | $26.53B | $27.51B | $24.01B | $23.88B | $27.92B | $36.54B | $43.07B | $35.16B | $33.86B | $35.84B | $22.28B |
| High Forecast | $73.53B | $69.32B | $65.36B | $61.62B | $58.09B | $54.77B | $51.63B | $48.68B | $24.41B | $24.34B | $24.45B | $24.57B | $24.78B | $24.73B | $24.59B | $24.44B | $26.57B | $24.83B | $24.59B | $26.53B | $29.16B | $24.01B | $23.88B | $27.92B | $36.54B | $43.07B | $35.16B | $34.18B | $36.18B | $22.49B |
| Low Forecast | $73.53B | $69.32B | $65.36B | $61.62B | $58.09B | $54.77B | $51.63B | $48.68B | $24.41B | $24.34B | $24.45B | $24.57B | $24.78B | $24.73B | $24.59B | $24.44B | $26.57B | $24.77B | $24.59B | $26.53B | $25.86B | $24.01B | $23.88B | $27.92B | $36.54B | $43.07B | $35.16B | $33.54B | $35.50B | $22.07B |
| # Analysts | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.99% | 1.03% | 1.06% | 0.90% | 1.04% |
Equinor ASA's average Quarter revenue forecast for Mar 23 based on 1 analysts is $27.92B, with a low forecast of $27.92B, and a high forecast of $27.92B. EQNR's average Quarter revenue forecast represents a -17.51% decrease compared to the company's last Quarter revenue of $33.84B (Dec 22).
Equinor ASA EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $18.25B | $27.50B | $20.15B | $20.52B | $18.21B | $11.37B |
| Avg Forecast | $31.75B | $29.93B | $28.22B | $26.60B | $25.08B | $23.65B | $22.29B | $21.02B | $10.54B | $10.51B | $10.56B | $10.61B | $10.70B | $10.68B | $10.62B | $10.55B | $11.47B | $10.71B | $10.62B | $23.15B | $11.88B | $10.37B | $10.31B | $21.04B | $15.78B | $11.24B | $15.18B | $19.13B | $15.72B | $10.22B |
| High Forecast | $31.75B | $29.93B | $28.22B | $26.60B | $25.08B | $23.65B | $22.29B | $21.02B | $10.54B | $10.51B | $10.56B | $10.61B | $10.70B | $10.68B | $10.62B | $10.55B | $11.47B | $10.72B | $10.62B | $27.78B | $12.59B | $10.37B | $10.31B | $25.25B | $15.78B | $13.49B | $15.18B | $22.96B | $18.86B | $12.27B |
| Low Forecast | $31.75B | $29.93B | $28.22B | $26.60B | $25.08B | $23.65B | $22.29B | $21.02B | $10.54B | $10.51B | $10.56B | $10.61B | $10.70B | $10.68B | $10.62B | $10.55B | $11.47B | $10.69B | $10.62B | $18.52B | $11.17B | $10.37B | $10.31B | $16.83B | $15.78B | $9.00B | $15.18B | $15.30B | $12.57B | $8.18B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | 2.45% | 1.33% | 1.07% | 1.16% | 1.11% |
1 analysts predict EQNR's average Quarter EBITDA for Mar 23 to be $21.04B, with a high of $25.25B and a low of $16.83B. This is 15.30% upper than Equinor ASA's previous annual EBITDA (Dec 22) of $18.25B.
Equinor ASA Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.89B | $9.38B | $6.76B | $4.71B | $3.37B | $1.41B |
| Avg Forecast | $2.26B | $2.08B | $2.07B | $2.18B | $2.16B | $2.07B | $2.09B | $2.11B | $2.24B | $2.10B | $2.16B | $2.31B | $2.52B | $2.36B | $2.38B | $2.45B | $2.50B | $2.16B | $2.10B | $5.59B | $2.43B | $2.16B | $2.13B | $5.08B | $3.63B | $1.43B | $4.79B | $4.62B | $2.98B | $1.30B |
| High Forecast | $2.26B | $2.08B | $2.07B | $2.18B | $2.16B | $2.07B | $2.09B | $2.11B | $2.24B | $2.10B | $2.16B | $2.31B | $2.52B | $2.36B | $2.38B | $2.45B | $2.50B | $2.25B | $2.10B | $6.71B | $2.90B | $2.16B | $2.13B | $6.10B | $3.63B | $1.71B | $4.79B | $5.54B | $3.58B | $1.56B |
| Low Forecast | $2.26B | $2.08B | $2.07B | $2.18B | $2.16B | $2.07B | $2.09B | $2.11B | $2.24B | $2.10B | $2.16B | $2.31B | $2.52B | $2.36B | $2.38B | $2.45B | $2.50B | $2.02B | $2.10B | $4.47B | $1.93B | $2.16B | $2.13B | $4.07B | $3.63B | $1.14B | $4.79B | $3.70B | $2.39B | $1.04B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.18% | 6.57% | 1.41% | 1.02% | 1.13% | 1.08% |
Equinor ASA's average Quarter net income forecast for Mar 23 is $5.08B, with a range of $4.07B to $6.10B. EQNR's average Quarter net income forecast represents a -35.63% decrease compared to the company's last Quarter net income of $7.89B (Dec 22).
Equinor ASA SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $278.00M | $221.00M | $205.00M | $282.00M | $222.00M | $145.00M |
| Avg Forecast | $810.24M | $763.88M | $720.18M | $678.97M | $640.12M | $603.50M | $568.97M | $536.42M | $269.00M | $268.20M | $269.44M | $270.78M | $273.05M | $272.54M | $270.96M | $269.29M | $292.82M | $273.26M | $270.95M | $334.70M | $303.15M | $264.58M | $263.10M | $304.27M | $402.65M | $147.39M | $387.47M | $276.61M | $196.52M | $133.99M |
| High Forecast | $810.24M | $763.88M | $720.18M | $678.97M | $640.12M | $603.50M | $568.97M | $536.42M | $269.00M | $268.20M | $269.44M | $270.78M | $273.05M | $272.54M | $270.96M | $269.29M | $292.82M | $273.58M | $270.95M | $401.64M | $321.33M | $264.58M | $263.10M | $365.13M | $402.65M | $176.86M | $387.47M | $331.93M | $235.83M | $160.78M |
| Low Forecast | $810.24M | $763.88M | $720.18M | $678.97M | $640.12M | $603.50M | $568.97M | $536.42M | $269.00M | $268.20M | $269.44M | $270.78M | $273.05M | $272.54M | $270.96M | $269.29M | $292.82M | $272.93M | $270.95M | $267.76M | $284.98M | $264.58M | $263.10M | $243.42M | $402.65M | $117.91M | $387.47M | $221.29M | $157.22M | $107.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.69% | 1.50% | 0.53% | 1.02% | 1.13% | 1.08% |
Equinor ASA's average Quarter SG&A projection for Mar 23 is $304.27M, based on 1 Wall Street analysts, with a range of $243.42M to $365.13M. The forecast indicates a 9.45% rise compared to EQNR last annual SG&A of $278.00M (Dec 22).
Equinor ASA EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.52 | $2.98 | $2.12 | $1.46 | $1.04 | $0.43 |
| Avg Forecast | $0.79 | $0.73 | $0.73 | $0.76 | $0.76 | $0.73 | $0.73 | $0.74 | $0.78 | $0.74 | $0.76 | $0.81 | $0.88 | $0.83 | $0.83 | $0.86 | $0.88 | $0.76 | $0.74 | $0.72 | $0.85 | $0.75 | $0.75 | $0.97 | $1.27 | $2.06 | $1.63 | $1.45 | $1.07 | $0.75 |
| High Forecast | $0.79 | $0.73 | $0.73 | $0.76 | $0.76 | $0.73 | $0.73 | $0.74 | $0.78 | $0.74 | $0.76 | $0.81 | $0.88 | $0.83 | $0.83 | $0.86 | $0.88 | $0.79 | $0.74 | $0.72 | $1.02 | $0.75 | $0.75 | $0.97 | $1.27 | $2.06 | $1.63 | $1.47 | $1.08 | $0.76 |
| Low Forecast | $0.79 | $0.73 | $0.73 | $0.76 | $0.76 | $0.73 | $0.73 | $0.74 | $0.78 | $0.74 | $0.76 | $0.81 | $0.88 | $0.83 | $0.83 | $0.86 | $0.88 | $0.71 | $0.74 | $0.72 | $0.68 | $0.75 | $0.75 | $0.97 | $1.27 | $2.06 | $1.63 | $1.43 | $1.06 | $0.74 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.98% | 1.45% | 1.30% | 1.01% | 0.97% | 0.57% |
According to 1 Wall Street analysts, Equinor ASA's projected average Quarter EPS for Mar 23 is $0.97, with a low estimate of $0.97 and a high estimate of $0.97. This represents a -61.38% decrease compared to EQNR previous annual EPS of $2.52 (Dec 22).
Equinor ASA 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 |
| NFG | National Fuel Gas Company | $58.96 | $76.00 | 28.90% | 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 |
| 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 |
EQNR Forecast FAQ
Is Equinor ASA a good buy?
No, according to 6 Wall Street analysts, Equinor ASA (EQNR) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 16.67% of EQNR's total ratings.
What is EQNR's price target?
Equinor ASA (EQNR) average price target is $82.5 with a range of $82.5 to $82.5, implying a 230.93% from its last price of $24.93. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Equinor ASA stock go up soon?
According to Wall Street analysts' prediction for EQNR stock, the company can go up by 230.93% (from the last price of $24.93 to the average price target of $82.5), up by 230.93% based on the highest stock price target, and up by 230.93% based on the lowest stock price target.
Can Equinor ASA stock reach $40?
EQNR's average twelve months analyst stock price target of $82.5 supports the claim that Equinor ASA can reach $40 in the near future.
What are Equinor ASA's analysts' financial forecasts?
Equinor ASA's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $213.17B (high $213.17B, low $213.17B), average EBITDA is $92.03B (high $92.03B, low $92.03B), average net income is $8.43B (high $8.43B, low $8.43B), average SG&A $2.35B (high $2.35B, low $2.35B), and average EPS is $2.95 (high $2.95, low $2.95). EQNR's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $269.83B (high $269.83B, low $269.83B), average EBITDA is $116.49B (high $116.49B, low $116.49B), average net income is $8.6B (high $8.6B, low $8.6B), average SG&A $2.97B (high $2.97B, low $2.97B), and average EPS is $3.01 (high $3.01, low $3.01).
Did the EQNR's actual financial results beat the analysts' financial forecasts?
Based on Equinor ASA's last annual report (Dec 2022), the company's revenue was $149B, beating the average analysts forecast of $148.63B by 0.25%. Apple's EBITDA was $86.42B, beating the average prediction of $61.33B by 40.92%. The company's net income was $28.75B, beating the average estimation of $14.47B by 98.64%. Apple's SG&A was $986M, missing the average forecast of $1.21B by -18.79%. Lastly, the company's EPS was $9.06, beating the average prediction of $6.41 by 41.43%. In terms of the last quarterly report (Dec 2022), Equinor ASA's revenue was $33.84B, missing the average analysts' forecast of $36.54B by -7.39%. The company's EBITDA was $18.25B, beating the average prediction of $15.78B by 15.68%. Equinor ASA's net income was $7.9B, beating the average estimation of $3.63B by 117.54%. The company's SG&A was $278M, missing the average forecast of $402.65M by -30.96%. Lastly, the company's EPS was $2.52, beating the average prediction of $1.27 by 98.31%