Ecopetrol SA stock forecast 2026–2029
Analysts' average 12-month price target for Ecopetrol SA is 17.57, 12.9% above the current price of 15.56. Their targets range from 16.00 to 19.00.
Of the 4 firms that rated Ecopetrol SA in the past 12 months, 0 rate it buy or strong buy, 4 hold and 0 sell or strong sell (each firm at its latest rating): a Hold consensus.
Analysts' 1-year price targets range from 16.00 to 19.00, with an average of 17.57.
| Strong buy | 0 | |
| Buy | 0 | |
| Hold | 4 | |
| Sell | 0 | |
| Strong sell | 0 |
12-month price target
| Highest target | 19.00 |
| Average target | 17.57 |
| Lowest target | 16.00 |
| Current price | 15.56 |
Ecopetrol SA price target history
How analysts rate Ecopetrol SA, month by month
0 of 4 firms rate it buy now, against 0 of 1 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.
Ecopetrol SA analyst upgrades, downgrades and price targets
The latest rating change came on 29 October 2026, when Jefferies upgraded Ecopetrol SA from Underperform to Hold. Its price target is 19.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 29 Oct 2026 | Jefferies | Upgraded · Underperform → Hold | 19.00 | — | 17.68 |
| 7 Oct 2026 | Goldman Sachs | — | 8.70 → 17.70 | +103.4% | 16.96 |
| 14 Aug 2026 | UBS | Reiterated · Neutral | 14.00 → 16.00 | +14.3% | 17.55 |
| 3 Jun 2026 | Citigroup | Downgraded · Buy → Neutral | — | — | — |
| 27 May 2026 | UBS | Reiterated · Neutral | 13.50 → 14.00 | +3.7% | 14.74 |
| 5 May 2026 | UBS | Reiterated · Neutral | 13.50 | — | 13.85 |
| 4 Feb 2026 | Bradesco | — | 12.00 | — | 11.87 |
| 1 Dec 2025 | Goldman Sachs | — | 8.70 | — | 9.82 |
Ecopetrol SA EPS and revenue estimates
Analysts expect Ecopetrol SA's EPS to grow 25.7% a year until 2027. Over the last 5 years it grew 37.8% a year, and over the last 3 years it fell 36.9%.
Analysts expect Ecopetrol SA's revenue to grow 2.6% a year until 2027. Over the last 5 years it grew 17.3% a year, and over the last 3 years it fell 11.3%.
Revenue
EPS
Does Ecopetrol SA beat earnings estimates?
On average, analysts' EPS estimate was 25,838.9% off the result, either way, and their revenue estimate 6.1%, over the last 12 quarters.
- EPS beats
- 20 / 58
- Revenue beats
- 29 / 55
- Average EPS surprise, last 12
- +25,814.8%
- Since
- July 2011
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q2 FY2026 | 3 Aug 2026 | 0.86 | 0.82 | -4.7% | 10.84B | 11.70B | +7.9% |
| Q1 FY2026 | 12 May 2026 | 0.54 | 0.38 | -29.0% | 8.01B | 7.76B | -3.1% |
| Q4 FY2025 | 4 Mar 2026 | 0.23 | 0.22 | -6.3% | 7.14B | 5.77B | -19.3% |
| Q3 FY2025 | 11 Nov 2025 | 0.00 | 0.31 | +309,900.0% | 7.22B | 7.71B | +6.9% |
| Q2 FY2025 | 13 Aug 2025 | 0.33 | 0.21 | -36.4% | 7.87B | 7.42B | -5.8% |
| Q1 FY2025 | 6 May 2025 | 0.36 | 0.31 | -14.0% | 7.73B | 7.53B | -2.7% |
| Q3 FY2024 | 14 Nov 2024 | 0.42 | 0.43 | +2.4% | 7.85B | 8.31B | +5.9% |
| Q2 FY2024 | 14 Aug 2024 | 0.57 | 0.42 | -26.3% | 8.07B | 7.90B | -2.2% |
| Q1 FY2024 | 8 May 2024 | 0.54 | 0.50 | -7.4% | 8.52B | 8.11B | -4.9% |
| Q4 FY2023 | 29 Feb 2024 | 0.54 | 0.51 | -5.6% | 8.89B | 7.99B | -10.1% |
| Q3 FY2023 | 9 Nov 2023 | 0.51 | 0.61 | +19.6% | 8.44B | 8.58B | +1.7% |
| Q2 FY2023 | 8 Aug 2023 | 0.53 | 0.45 | -15.1% | 8.52B | 8.26B | -3.0% |
Ecopetrol SA stock price 2026–2029: scenarios
If Ecopetrol SA's earnings keep growing at the 37.7% a year analysts expect to FY2027, it would earn about 3.76 a share in FY2029. At the P/E it has traded at over the last five years (3.1 to 9.3) that is 11.74 to 34.87 a share, or 21.81 at its average P/E of 5.8. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 2.44 | 7.61 | 14.14 | 22.61 |
| FY2027 | 1.98 | 6.19 | 11.50 | 18.39 |
| FY2028 (extrapolated) | 2.73 | 8.53 | 15.84 | 25.32 |
| FY2029 (extrapolated) | 3.76 | 11.74 | 21.81 | 34.87 |
Each year's EPS is the analysts' consensus to FY2027; the years after continue its 37.7% a year. Bear, base and bull apply the lowest, average and highest P/E of the last five fiscal year ends (3.1, 5.8, 9.3).
Is Ecopetrol SA stock undervalued or overvalued?
Ecopetrol SA's P/E of 8.3 is around the middle of its 5-year range (2.6 to 13.5, median 7.0). It is in line with its own history. Buyers pay more for each point of growth than usual: a PEG of 0.3 on expected growth against 0.2 on its median P/E and past five years' growth. Fair value is not a reliable guide for Ecopetrol SA: its earnings swing (EPS fell 39.5% in FY2025), so its usual P/E would mislead. Its forward P/E, on the consensus for FY2026, is 6.4.
- Price to earnings ratio (TTM)
- 8.30
- Five-year median P/E
- 7.03
- Five-year P/E range
- 2.6 – 13.5
- Forward P/E (FY2026)
- 6.38
- PEG ratio
- 0.22
- To the average target
- +12.9%
Most undervalued US stocks
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 99.090 | 195.09146Price 99.09244 | +96.9% | |
| 186.680 | 359.93270Price 186.68450 | +92.8% | |
| 213.670 | 405.66304Price 213.67507 | +89.9% | |
| 161.160 | 305.51157Price 161.16396 | +89.6% | |
| 42.225 | 79.0244Price 42.23157 | +87.1% | |
| 160.650 | 299.85225Price 160.65375 | +86.6% | |
| 108.445 | 201.41108Price 108.45248 | +85.7% |
Furthest below the fair value on each stock's page, updated every day.
