66/100BBP stock forecast 2026–2030What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for BP is 53.06, 16.6% above the current price of 45.52. Their targets range from 46.00 to 63.00.
Of the 12 firms that rated BP in the past 12 months, 8 rate it buy or strong buy, 3 hold and 1 sell or strong sell (each firm at its latest rating): a Buy consensus.
Analysts' 1-year price targets range from 46.00 to 63.00, with an average of 53.06.
| Buy | 8 | |
| Hold | 3 | |
| Sell | 1 |
12-month price target
| Highest target | 63.00 |
| Average target | 53.06 |
| Lowest target | 46.00 |
| Current price | 45.52 |
BP price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their BP price target and rating?
How analysts rate BP, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
8 of 12 firms rate it buy now, against 3 of 10 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
BP analyst upgrades, downgrades and price targets
The latest rating change came on 1 October 2026, when Wells Fargo upgraded BP from Equal Weight to Overweight. The most recent new target came from Wells Fargo on 2 November 2026: 63.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 2 Nov 2026 | Wells Fargo Sam Margolin | Reiterated · Overweight | 57.00 → 63.00 | +10.5% | 50.39 |
| 20 Oct 2026 | D.A. Davidson | — | 49.00 | — | 48.65 |
| 5 Oct 2026 | Mizuho Securities Daniel Boyd | Reiterated · Outperform | 53.00 → 56.00 | +5.7% | 44.79 |
| 1 Oct 2026 | Wells Fargo | Upgraded · Equal Weight → Overweight | — | — | — |
| 30 Sept 2026 | Wells Fargo Sam Margolin | — | 48.00 → 57.00 | +18.8% | 43.99 |
| 25 Sept 2026 | HSBC | Upgraded · Hold → Buy | 35.10 → 51.30 | +46.2% | 44.41 |
| 23 Sept 2026 | JP Morgan | Upgraded · Neutral → Overweight | — | — | — |
| 3 Sept 2026 | Piper Sandler | Reiterated · Neutral | 42.00 → 46.00 | +9.5% | 43.93 |
| 5 Aug 2026 | Mizuho Securities Nitin Kumar | — | 51.00 → 53.00 | +3.9% | 42.44 |
| 5 Aug 2026 | Wells Fargo | Reiterated · Equal Weight | 54.00 → 48.00 | -11.1% | 42.44 |
| 23 Jul 2026 | Piper Sandler John Royall | — | 44.00 → 42.00 | -4.5% | 43.32 |
| 20 Jul 2026 | Mizuho Securities | Upgraded · Neutral → Outperform | 51.00 | — | 41.90 |
| 11 May 2026 | Argus Research | Upgraded · Hold → Buy | — | — | — |
| 11 May 2026 | RBC Capital | Upgraded · Sector Perform → Outperform | — | — | — |
| 17 Apr 2026 | BNP Paribas | — | 38.50 → 57.00 | +48.1% | 47.63 |
| 15 Apr 2026 | UBS | Upgraded · Neutral → Buy | — | — | — |
| 9 Apr 2026 | Wells Fargo | Reiterated · Equal Weight | 54.00 | — | 45.90 |
| 20 Mar 2026 | HSBC | Upgraded · Reduce → Hold | — | — | — |
| 12 Feb 2026 | BNP Paribas Lucas Herrmann | — | 38.50 | — | 38.55 |
| 12 Feb 2026 | HSBC Kim Fustier | — | 35.10 | — | 38.55 |
| 12 Feb 2026 | Freedom Broker | Downgraded · Hold → Sell | — | — | — |
| 11 Feb 2026 | Piper Sandler | Reiterated · Neutral | 38.00 → 44.00 | +15.8% | 36.97 |
| 11 Feb 2026 | Melius Research James West | — | 31.00 | — | 36.97 |
| 16 Jan 2026 | Scotiabank | — | 43.00 → 41.00 | -4.7% | 35.43 |
| 6 Jan 2026 | Evercore ISI | Downgraded · Outperform → In Line | 38.00 | — | 36.12 |
| 18 Dec 2025 | Wolfe Research Doug Leggate | — | 50.00 → 51.00 | +2.0% | 34.47 |
BP EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect BP's EPS to grow 480.8% a year until 2028.
Analysts expect BP's revenue to grow 2.1% a year until 2028. Over the last 5 years it grew 12.3% a year, and over the last 3 years it fell 7.8%.
Revenue
EPS
Does BP beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 14.5% off the result, either way, and their revenue estimate 8.2%, over the last 12 quarters.
- EPS beats
- 81 / 136
- Revenue beats
- 65 / 123
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +9.2%
- Since
- February 1993
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 30 Oct 2026 | 2.66 | 3.26 | +22.6% | 63.14B | 68.40B | +8.3% |
| Q2 FY2026 | 4 Aug 2026 | 1.98 | 2.22 | +12.1% | 62.24B | 69.11B | +11.0% |
| Q1 FY2026 | 28 Apr 2026 | 0.91 | 1.24 | +36.3% | 48.50B | 52.26B | +7.7% |
| Q4 FY2025 | 10 Feb 2026 | 0.57 | 0.60 | +5.3% | 42.89B | 47.38B | +10.5% |
| Q3 FY2025 | 4 Nov 2025 | 0.72 | 0.85 | +18.1% | 44.44B | 48.39B | +8.9% |
| Q2 FY2025 | 5 Aug 2025 | 0.68 | 0.90 | +32.4% | 41.64B | 47.18B | +13.3% |
| Q1 FY2025 | 29 Apr 2025 | 0.56 | 0.53 | -5.4% | 42.88B | 46.91B | +9.4% |
| Q4 FY2024 | 11 Feb 2025 | 0.56 | 0.44 | -21.4% | 46.95B | 45.75B | -2.6% |
| Q3 FY2024 | 29 Oct 2024 | 0.78 | 0.83 | +6.4% | 48.57B | 47.25B | -2.7% |
| Q2 FY2024 | 30 Jul 2024 | 0.92 | 1.00 | +8.7% | 52.92B | 47.30B | -10.6% |
| Q1 FY2024 | 7 May 2024 | 0.98 | 0.95 | -3.1% | 55.08B | 48.88B | -11.2% |
| Q4 FY2023 | 6 Feb 2024 | 1.09 | 1.07 | -1.8% | 53.14B | 52.14B | -1.9% |
BP stock price 2026–2030: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If BP's earnings keep growing at the 11.5% a year analysts expect to FY2028, it would earn about 4.97 a share in FY2030. At the P/E it has traded at over the last five years (6.7 to 13.1) that is 33.41 to 65.06 a share, or 52.45 at its average P/E of 10.5. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 8.48 | 56.97 | 89.42 | 110.93 |
| FY2027 | 5.77 | 38.73 | 60.79 | 75.41 |
| FY2028 | 4.00 | 26.85 | 42.15 | 52.29 |
| FY2029 (extrapolated) | 4.46 | 29.95 | 47.02 | 58.33 |
| FY2030 (extrapolated) | 4.97 | 33.41 | 52.45 | 65.06 |
Each year's EPS is the analysts' consensus to FY2028; the years after grow 11.5% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (6.7, 10.5, 13.1).
Is BP stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
BP's P/E of 13.1 is around the middle of its 5-year range (4.0 to 4,750.5, median 20.1). It is in line with its own history. Its forward P/E, on the consensus for FY2026, is 5.4.
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 13.08
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 20.12
- Five-year P/E range
- 4.0 – 4,750.5
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 5.37
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 1.13
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +16.6%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 35.850 | 71.4258Price 35.85193 | +99.2% | |
| 29.050 | 56.2634Price 29.0596 | +93.7% | |
| 241.000 | 464.49205Price 241.00627 | +92.7% | |
| 123.590 | 237.24178Price 123.59297 | +92.0% | |
| 161.400 | 305.52159Price 161.40396 | +89.3% | |
| 157.460 | 297.58169Price 157.46471 | +89.0% | |
| 217.560 | 405.38304Price 217.56507 | +86.3% |
Furthest below the fair value on each stock's page, updated every day.