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 270.12% upside from EQNR’s last price of $22.29) 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 270.12% upside from EQNR's last price of $22.29.
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%), 5 'Hold' (83.33%), 0 'Sell' (0.00%), 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% | 270.12% |
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 270.12% increase from EQNR last price ($22.29).
Equinor ASA Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $82.50 |
| Last Closing Price | $22.29 | $22.29 | $22.29 |
| Upside/Downside | -100.00% | -100.00% | 270.12% |
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 $22.29. 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 |
|---|---|---|---|---|
| Oct 11, 2024 | Morgan Stanley | Underweight | Equal-Weight | Upgrade |
| Sep 23, 2024 | Bernstein | Outperform | Outperform | Hold |
| 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 Morgan Stanley on Oct 11, 2024. The company Upgrade its EQNR rating from "Underweight" to "Equal-Weight".
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 | $69.20B | $65.24B | $61.51B | $57.99B | $54.67B | $51.54B | $48.59B | $45.81B | $24.13B | $24.07B | $24.18B | $24.30B | $25.34B | $24.47B | $24.27B | $24.95B | $25.57B | $24.40B | $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 | $75.61B | $71.28B | $67.20B | $63.36B | $59.73B | $56.32B | $53.09B | $50.06B | $26.37B | $26.30B | $26.42B | $26.55B | $27.69B | $26.74B | $26.52B | $26.45B | $26.91B | $24.60B | $25.22B | $26.62B | $29.16B | $24.01B | $26.09B | $30.50B | $39.93B | $43.07B | $35.16B | $33.86B | $35.84B | $22.28B |
| Low Forecast | $60.43B | $56.97B | $53.71B | $50.64B | $47.74B | $45.01B | $42.43B | $40.01B | $21.07B | $21.02B | $21.11B | $21.22B | $22.13B | $21.37B | $21.19B | $23.44B | $24.22B | $24.20B | $23.95B | $26.43B | $25.86B | $24.01B | $20.85B | $24.38B | $31.91B | $43.07B | $35.16B | $33.86B | $35.84B | $22.28B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 5 | 4 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 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 $24.38B, and a high forecast of $30.50B. 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 5 | 4 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $18.25B | $27.50B | $20.15B | $20.52B | $18.21B | $11.37B |
| Avg Forecast | $27.65B | $26.07B | $24.58B | $23.17B | $21.84B | $20.59B | $19.42B | $18.30B | $9.64B | $9.62B | $9.66B | $9.71B | $10.13B | $9.78B | $9.70B | $9.97B | $10.22B | $9.75B | $9.82B | $23.15B | $10.99B | $9.59B | $9.54B | $21.04B | $17.29B | $18.59B | $15.18B | $19.13B | $15.48B | $9.62B |
| High Forecast | $30.21B | $28.48B | $26.85B | $25.32B | $23.87B | $22.50B | $21.21B | $20.00B | $10.54B | $10.51B | $10.56B | $10.61B | $11.06B | $10.68B | $10.60B | $10.57B | $10.75B | $9.83B | $10.08B | $27.78B | $11.65B | $9.59B | $10.42B | $25.25B | $20.75B | $18.59B | $15.18B | $22.96B | $15.48B | $9.62B |
| Low Forecast | $24.15B | $22.76B | $21.46B | $20.23B | $19.08B | $17.98B | $16.96B | $15.99B | $8.42B | $8.40B | $8.44B | $8.48B | $8.84B | $8.54B | $8.47B | $9.37B | $9.68B | $9.67B | $9.57B | $18.52B | $10.33B | $9.59B | $8.33B | $16.83B | $13.83B | $18.59B | $15.18B | $15.30B | $15.48B | $9.62B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.48% | 1.33% | 1.07% | 1.18% | 1.18% |
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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 5 | 4 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.89B | $9.38B | $6.76B | $4.71B | $3.37B | $1.41B |
| Avg Forecast | $2.08B | $1.95B | $1.96B | $1.96B | $1.91B | $1.85B | $1.87B | $1.89B | $2.06B | $1.85B | $1.92B | $2.09B | $2.34B | $2.18B | $2.14B | $2.25B | $2.27B | $2.05B | $2.04B | $5.59B | $2.35B | $2.09B | $2.07B | $5.08B | $3.28B | $5.87B | $4.65B | $4.62B | $3.05B | $2.14B |
| High Forecast | $2.34B | $2.18B | $2.20B | $2.20B | $2.14B | $2.07B | $2.10B | $2.12B | $2.31B | $2.07B | $2.15B | $2.35B | $2.63B | $2.44B | $2.40B | $2.53B | $2.54B | $2.05B | $2.04B | $6.71B | $2.81B | $2.09B | $2.32B | $6.10B | $3.94B | $5.87B | $4.65B | $5.54B | $3.05B | $2.14B |
| Low Forecast | $1.74B | $1.63B | $1.64B | $1.64B | $1.60B | $1.54B | $1.57B | $1.58B | $1.72B | $1.55B | $1.60B | $1.75B | $1.96B | $1.82B | $1.79B | $1.88B | $2.24B | $2.04B | $2.04B | $4.47B | $1.87B | $2.09B | $1.73B | $4.07B | $2.62B | $5.87B | $4.65B | $3.70B | $3.05B | $2.14B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.41% | 1.60% | 1.45% | 1.02% | 1.10% | 0.66% |
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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 5 | 4 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $278.00M | $221.00M | $205.00M | $282.00M | $222.00M | $145.00M |
| Avg Forecast | $888.92M | $838.06M | $790.11M | $744.90M | $702.28M | $662.10M | $624.22M | $588.51M | $310.00M | $309.21M | $310.61M | $312.10M | $325.56M | $314.38M | $311.78M | $320.48M | $328.44M | $313.48M | $315.87M | $334.70M | $353.42M | $308.45M | $306.72M | $304.27M | $216.18M | $474.58M | $387.47M | $276.61M | $394.97M | $245.47M |
| High Forecast | $971.28M | $915.71M | $863.31M | $813.92M | $767.35M | $723.45M | $682.06M | $643.03M | $338.72M | $337.85M | $339.38M | $341.01M | $355.72M | $343.50M | $340.66M | $339.83M | $345.65M | $316.04M | $324.00M | $401.64M | $374.61M | $308.45M | $335.14M | $365.13M | $259.41M | $474.58M | $387.47M | $331.93M | $394.97M | $245.47M |
| Low Forecast | $776.27M | $731.86M | $689.98M | $650.51M | $613.29M | $578.20M | $545.12M | $513.93M | $270.72M | $270.02M | $271.25M | $272.55M | $284.30M | $274.54M | $272.27M | $301.13M | $311.08M | $310.92M | $307.73M | $267.76M | $332.22M | $308.45M | $267.85M | $243.42M | $172.94M | $474.58M | $387.47M | $221.29M | $394.97M | $245.47M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.29% | 0.47% | 0.53% | 1.02% | 0.56% | 0.59% |
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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 5 | 4 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.52 | $2.98 | $2.12 | $1.46 | $1.04 | $0.43 |
| Avg Forecast | $0.75 | $0.70 | $0.71 | $0.71 | $0.69 | $0.67 | $0.68 | $0.68 | $0.74 | $0.67 | $0.69 | $0.76 | $0.85 | $0.79 | $0.77 | $0.81 | $0.82 | $0.74 | $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 | $0.84 | $0.79 | $0.79 | $0.80 | $0.77 | $0.75 | $0.76 | $0.77 | $0.83 | $0.75 | $0.78 | $0.85 | $0.95 | $0.88 | $0.87 | $0.91 | $0.92 | $0.74 | $0.74 | $0.73 | $1.02 | $0.75 | $0.84 | $1.09 | $1.42 | $2.06 | $1.63 | $1.46 | $1.07 | $0.75 |
| Low Forecast | $0.63 | $0.59 | $0.59 | $0.59 | $0.58 | $0.56 | $0.57 | $0.57 | $0.62 | $0.56 | $0.58 | $0.63 | $0.71 | $0.66 | $0.65 | $0.68 | $0.81 | $0.74 | $0.74 | $0.70 | $0.68 | $0.75 | $0.62 | $0.81 | $1.06 | $2.06 | $1.63 | $1.44 | $1.07 | $0.75 |
| 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 $0.81 and a high estimate of $1.09. 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 | $22.68 | $82.50 | 263.76% | Hold |
| 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 |
| XOM | Exxon Mobil | $108.01 | $133.11 | 23.24% | Buy |
| PBR | Petróleo Brasileiro S.A. - Petrobras | $13.52 | $16.50 | 22.04% | Buy |
| CVX | Chevron | $148.11 | $170.33 | 15.00% | Buy |
| EC | Ecopetrol | $7.89 | $8.50 | 7.73% | Buy |
| YPF | YPF Sociedad Anónima | $44.88 | $29.50 | -34.27% | Buy |