62/100BEquinor ASA 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 Equinor ASA is 87.50, 108.4% above the current price of 42.00. Their targets range from 85.00 to 90.00.
Of the 1 firms that rated Equinor ASA in the past 12 months, 0 rate it buy or strong buy, 1 hold and 0 sell or strong sell (each firm at its latest rating): a Hold consensus.
Analysts' 1-year price targets range from 85.00 to 90.00, with an average of 87.50.
| Buy | 0 | |
| Hold | 1 | |
| Sell | 0 |
12-month price target
| Highest target | 90.00 |
| Average target | 87.50 |
| Lowest target | 85.00 |
| Current price | 42.00 |
Equinor ASA 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.
How analysts rate Equinor ASA, 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.
0 of 1 firms rate it buy now, against 1 of 4 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.
Equinor ASA analyst upgrades, downgrades and price targets
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 25 Sept 2026 | UBS | — | 90.00 | — | 43.17 |
| 25 Sept 2026 | HSBC | — | 85.00 | — | 43.17 |
| 9 Apr 2026 | Redburn Partners | — | 36.50 | — | 38.55 |
Equinor ASA 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 Equinor ASA's EPS to grow 24.1% a year until 2028.
Analysts expect Equinor ASA's revenue to fall 0.7% a year until 2028. Over the last 5 years it grew 18.3% a year, and over the last 3 years it fell 10.7%.
Revenue
EPS
Does Equinor ASA 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 19.6% off the result, either way, and their revenue estimate 8.1%, over the last 12 quarters.
- EPS beats
- 43 / 92
- Revenue beats
- 42 / 82
- 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.
- -1.6%
- Since
- November 2002
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 28 Oct 2026 | 1.38 | 1.20 | -13.0% | 33.30B | 33.19B | -0.3% |
| Q2 FY2026 | 22 Jul 2026 | 1.39 | 1.33 | -4.3% | 34.03B | 34.52B | +1.5% |
| Q1 FY2026 | 6 May 2026 | 1.01 | 1.48 | +46.5% | 28.73B | 27.84B | -3.1% |
| Q4 FY2025 | 4 Feb 2026 | 0.60 | 0.81 | +35.0% | 22.06B | 25.30B | +14.7% |
| Q3 FY2025 | 29 Oct 2025 | 0.57 | 0.37 | -35.1% | 21.36B | 26.02B | +21.8% |
| Q2 FY2025 | 23 Jul 2025 | 0.66 | 0.64 | -3.0% | 23.26B | 25.29B | +8.7% |
| Q1 FY2025 | 30 Apr 2025 | 0.83 | 0.66 | -20.5% | 24.76B | 29.38B | +18.7% |
| Q4 FY2024 | 5 Feb 2025 | 0.82 | 0.63 | -23.2% | 24.97B | 26.54B | +6.3% |
| Q3 FY2024 | 24 Oct 2024 | 0.74 | 0.79 | +6.8% | 24.40B | 25.42B | +4.2% |
| Q2 FY2024 | 24 Jul 2024 | 0.85 | 0.84 | -1.2% | 23.72B | 25.46B | +7.3% |
| Q1 FY2024 | 25 Apr 2024 | 0.80 | 0.96 | +20.0% | 23.72B | 25.09B | +5.8% |
| Q4 FY2023 | 7 Feb 2024 | 0.86 | 0.63 | -26.7% | 27.51B | 28.84B | +4.8% |
Equinor ASA 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 Equinor ASA's earnings keep growing at the 14.5% a year analysts expect to FY2028, it would earn about 4.89 a share in FY2030. At the P/E it has traded at over the last five years (4.0 to 12.1) that is 19.32 to 59.23 a share, or 41.06 at its average P/E of 8.4. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 5.87 | 23.20 | 49.31 | 71.13 |
| FY2027 | 4.88 | 19.31 | 41.03 | 59.19 |
| FY2028 | 3.73 | 14.73 | 31.30 | 45.15 |
| FY2029 (extrapolated) | 4.27 | 16.87 | 35.85 | 51.72 |
| FY2030 (extrapolated) | 4.89 | 19.32 | 41.06 | 59.23 |
Each year's EPS is the analysts' consensus to FY2028; the years after grow 14.5% 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 (4.0, 8.4, 12.1).
Is Equinor ASA 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.
Equinor ASA's P/E of 8.7 is above the middle of its 5-year range (2.7 to 40.1, median 7.4). Analysts expect faster growth than in recent years, which can explain part of the high P/E. Fair value is not a reliable guide for Equinor ASA: its earnings swing (EPS fell 37.3% in FY2025), so its usual P/E would mislead. Its forward P/E, on the consensus for FY2026, is 7.2.
- 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.
- 8.71
- 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.
- 7.35
- Five-year P/E range
- 2.7 – 40.1
- 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.
- 7.15
- 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.
- 0.60
- 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.
- +108.4%
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 |
|---|---|---|---|
| 99.090 | 194.93146Price 99.09244 | +96.7% | |
| 42.225 | 82.9546Price 42.23165 | +96.4% | |
| 186.680 | 360.82271Price 186.68451 | +93.3% | |
| 213.670 | 405.57304Price 213.67507 | +89.8% | |
| 161.160 | 305.51157Price 161.16396 | +89.6% | |
| 160.650 | 300.09225Price 160.65375 | +86.8% | |
| 165.860 | 308.95212Price 165.86442 | +86.3% |
Furthest below the fair value on each stock's page, updated every day.