76/100BEOG Resources 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 EOG Resources is 166.69, 5.9% above the current price of 157.37. Their targets range from 138.00 to 196.00.
Of the 18 firms that rated EOG Resources in the past 12 months, 7 rate it buy or strong buy, 11 hold and 0 sell or strong sell (each firm at its latest rating): a Hold consensus.
Analysts' 1-year price targets range from 138.00 to 196.00, with an average of 166.69.
| Buy | 7 | |
| Hold | 11 | |
| Sell | 0 |
12-month price target
| Highest target | 196.00 |
| Average target | 166.69 |
| Lowest target | 138.00 |
| Current price | 157.37 |
EOG Resources 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 EOG Resources price target and rating?
How analysts rate EOG Resources, 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.
7 of 18 firms rate it buy now, against 9 of 21 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.
EOG Resources analyst upgrades, downgrades and price targets
The latest rating change came on 16 January 2026, when Keybanc downgraded EOG Resources from Overweight to Sector Weight. The most recent new target came from Susquehanna on 10 November 2026: 196.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 10 Nov 2026 | Susquehanna Charles Minervino | Reiterated · Positive | 187.00 → 196.00 | +4.8% | 148.43 |
| 6 Nov 2026 | Truist Financial Gabe Daoud | — | 160.00 → 166.00 | +3.8% | 147.23 |
| 20 Oct 2026 | Susquehanna | Reiterated · Positive | 151.00 → 187.00 | +23.8% | 157.65 |
| 15 Oct 2026 | Mizuho Securities | — | 157.00 → 165.00 | +5.1% | 154.19 |
| 14 Oct 2026 | Scotiabank | — | 123.00 → 144.00 | +17.1% | 154.19 |
| 9 Oct 2026 | UBS Josh Silverstein | Reiterated · Buy | 183.00 → 186.00 | +1.6% | 149.27 |
| 3 Oct 2026 | Jefferies | — | 175.00 → 185.00 | +5.7% | 141.38 |
| 2 Oct 2026 | Truist Financial | Reiterated · Hold | 134.00 → 160.00 | +19.4% | 140.79 |
| 17 Sept 2026 | Raymond James John Freeman | Reiterated · Strong Buy | 183.00 → 186.00 | +1.6% | 144.17 |
| 14 Sept 2026 | UBS | Reiterated · Buy | 158.00 → 183.00 | +15.8% | 147.36 |
| 26 Aug 2026 | Capital One Financial | — | 153.00 | — | 145.51 |
| 24 Aug 2026 | Goldman Sachs Neil Mehta | Reiterated · Neutral | 151.00 | — | 153.05 |
| 19 Aug 2026 | Morgan Stanley | Reiterated · Equal Weight | 156.00 → 157.00 | +0.6% | 151.31 |
| 17 Aug 2026 | Barclays | Reiterated · Equal Weight | 133.00 → 147.00 | +10.5% | 142.61 |
| 13 Aug 2026 | Wells Fargo Sam Margolin | Reiterated · Overweight | 196.00 → 193.00 | -1.5% | 143.14 |
| 5 Aug 2026 | Roth Capital | — | 136.00 → 138.00 | +1.5% | 134.85 |
| 3 Aug 2026 | Raymond James John Freeman | — | 153.00 → 183.00 | +19.6% | 148.69 |
| 2 Jul 2026 | UBS | Reiterated · Buy | 141.00 → 158.00 | +12.1% | 129.62 |
| 2 Jul 2026 | Jefferies | Reiterated · Buy | 140.00 → 175.00 | +25.0% | 128.59 |
| 1 Jul 2026 | Truist Financial | Reiterated · Hold | 134.00 | — | 129.73 |
| 29 Jun 2026 | Morgan Stanley Devin McDermott | Reiterated · Equal Weight | 160.00 → 156.00 | -2.5% | 132.60 |
| 27 May 2026 | Mizuho Securities | Reiterated · Neutral | 149.00 → 157.00 | +5.4% | 136.20 |
| 22 May 2026 | Morgan Stanley | Reiterated · Equal Weight | 155.00 → 160.00 | +3.2% | 141.06 |
| 13 May 2026 | Wells Fargo | Reiterated · Overweight | 127.00 → 196.00 | +54.3% | 134.13 |
| 11 May 2026 | Bernstein | Reiterated · Market Perform | 126.00 → 155.00 | +23.0% | 130.03 |
| 6 May 2026 | Roth Capital | — | 110.00 → 136.00 | +23.6% | 134.91 |
| 6 May 2026 | Mizuho Securities | Reiterated · Neutral | 134.00 → 149.00 | +11.2% | 140.82 |
| 20 Apr 2026 | Williams Trading | — | 177.00 | — | 128.43 |
| 27 Mar 2026 | Morgan Stanley | Reiterated · Equal Weight | 128.00 → 155.00 | +21.1% | 149.56 |
| 25 Feb 2026 | Roth Capital | — | 110.00 | — | 122.53 |
| 28 Jan 2026 | Piper Sandler | Reiterated · Neutral | 124.00 → 123.00 | -0.8% | 108.59 |
| 27 Jan 2026 | Wells Fargo | Reiterated · Overweight | 127.00 | — | 107.60 |
| 26 Jan 2026 | Susquehanna | Reiterated · Positive | 170.00 → 151.00 | -11.2% | 107.53 |
| 23 Jan 2026 | Morgan Stanley | Reiterated · Equal Weight | 138.00 → 128.00 | -7.2% | 107.97 |
| 21 Jan 2026 | Barclays Betty Jiang | Reiterated · Equal Weight | 136.00 → 133.00 | -2.2% | 109.27 |
| 16 Jan 2026 | Scotiabank Paul Cheng | — | 130.00 → 123.00 | -5.4% | 104.78 |
| 16 Jan 2026 | Keybanc | Downgraded · Overweight → Sector Weight | — | — | — |
| 14 Jan 2026 | Jefferies | — | 144.00 → 140.00 | -2.8% | 110.74 |
| 13 Jan 2026 | RBC Capital | Reiterated · Outperform | 138.00 | — | 105.44 |
| 5 Jan 2026 | Bernstein Bob Brackett | Reiterated · Market Perform | 126.00 | — | 105.59 |
| 12 Dec 2025 | UBS Josh Silverstein | Reiterated · Buy | 141.00 | — | 109.22 |
| 12 Dec 2025 | Mizuho Securities | Reiterated · Neutral | 133.00 → 134.00 | +0.8% | 109.46 |
| 3 Dec 2025 | Raymond James John Freeman | — | 140.00 → 153.00 | +9.3% | 109.06 |
| 20 Nov 2025 | Morgan Stanley | — | 135.00 → 138.00 | +2.2% | 107.24 |
| 18 Nov 2025 | Piper Sandler | Reiterated · Neutral | 129.00 → 124.00 | -3.9% | 109.57 |
EOG Resources 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 EOG Resources's EPS to grow 19.6% a year until 2028.
Analysts expect EOG Resources's revenue to grow 4.8% a year until 2028. Over the last 5 years it grew 18.1% a year, and over the last 3 years it fell 8.4%.
Revenue
EPS
Does EOG Resources 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 5.7% off the result, either way, and their revenue estimate 4.7%, over the last 12 quarters.
- EPS beats
- 99 / 134
- Revenue beats
- 79 / 117
- 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.
- +5.7%
- Since
- January 1993
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 5 Nov 2026 | 4.47 | 4.87 | +8.9% | 7.26B | 8.55B | +17.8% |
| Q2 FY2026 | 4 Aug 2026 | 4.97 | 5.07 | +2.0% | 8.04B | 8.62B | +7.1% |
| Q1 FY2026 | 5 May 2026 | 3.23 | 3.41 | +5.6% | 6.18B | 6.92B | +11.9% |
| Q4 FY2025 | 24 Feb 2026 | 2.20 | 2.27 | +3.2% | 5.77B | 5.64B | -2.2% |
| Q3 FY2025 | 6 Nov 2025 | 2.46 | 2.71 | +10.2% | 5.97B | 5.73B | -4.0% |
| Q2 FY2025 | 7 Aug 2025 | 2.23 | 2.32 | +4.0% | 5.45B | 5.37B | -1.4% |
| Q1 FY2025 | 1 May 2025 | 2.80 | 2.87 | +2.5% | 5.90B | 5.84B | -1.1% |
| Q4 FY2024 | 28 Feb 2025 | 2.55 | 2.74 | +7.5% | 5.96B | 5.65B | -5.2% |
| Q3 FY2024 | 8 Nov 2024 | 3.01 | 3.44 | +14.3% | 6.00B | 5.87B | -2.2% |
| Q2 FY2024 | 1 Aug 2024 | 2.96 | 3.16 | +6.8% | 6.07B | 6.05B | -0.3% |
| Q1 FY2024 | 2 May 2024 | 2.71 | 2.82 | +4.1% | 5.91B | 5.86B | -0.9% |
| Q4 FY2023 | 22 Feb 2024 | 3.07 | 3.07 | 0.0% | 6.18B | 6.03B | -2.4% |
EOG Resources 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 EOG Resources's earnings grow at the 15.3% a year analysts expect to FY2028, then 15.0% a year, it would earn about 20.62 a share in FY2030. At the P/E it has traded at over the last five years (9.3 to 11.5) that is 190.86 to 236.44 a share, or 214.69 at its average P/E of 10.4. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 18.73 | 173.31 | 194.95 | 214.70 |
| FY2027 | 16.78 | 155.33 | 174.72 | 192.42 |
| FY2028 | 15.60 | 144.32 | 162.34 | 178.78 |
| FY2029 (extrapolated) | 17.93 | 165.97 | 186.69 | 205.60 |
| FY2030 (extrapolated) | 20.62 | 190.86 | 214.69 | 236.44 |
Each year's EPS is the analysts' consensus to FY2028; the years after grow 15.0% 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 (9.3, 10.4, 11.5).
Is EOG Resources 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.
EOG Resources's P/E of 10.1 is around the middle of its 5-year range (6.6 to 22.5, median 10.4). It is in line with its own history. At the median P/E of its peers (19.1 × EPS of 15.57), EOG Resources's fair value is 297.58; the price, 157.37, is 47.1% below it. Its forward P/E, on the consensus for FY2026, is 8.4.
Fair value on the peers is the median P/E of the US companies of its industry closest in size times its earnings per share of the last twelve months; the ends of the bar are the same earnings at the lowest and highest peer P/E (10.8 and 30.2). The price against its P/E range
- 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.
- 10.11
- 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.
- 10.40
- Five-year P/E range
- 6.6 – 22.5
- 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.
- 8.40
- 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.
- 0.66
- 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.
- +5.9%
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% | |
| 217.560 | 405.38304Price 217.56507 | +86.3% |
Furthest below the fair value on each stock's page, updated every day.