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NYSE: COP
Conocophillips Stock Forecast, Predictions & Price Target

Analyst price target for COP

Based on 12 analysts offering 12 month price targets for Conocophillips.
Min Forecast
$56.00-23.09%
Avg Forecast
$82.92+13.88%
Max Forecast
$100.00+37.34%

Should I buy or sell COP stock?

Based on 12 analysts offering ratings for Conocophillips.
Strong Buy
Strong Buy
7 analysts 58.33%
Buy
3 analysts 25%
Hold
2 analysts 16.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

COP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Top 19%
82
Strong BuyMaintains$95.00+30.48%2021-11-19
Societe Generale
Bottom 40%
40
HoldDowngrades$77.00+5.75%2021-11-10
Wells Fargo
Top 13%
88
Strong BuyMaintains$84.00+15.37%2021-11-03Find out why
Raymond James
Top 1%
100
Strong BuyMaintains$100.00+37.34%2021-10-26Find out why
Mizuho
Top 19%
82
Strong BuyMaintains$99.00+35.97%2021-10-26Find out why
KeyBanc
Top 1%
100
Strong BuyMaintains$81.00+11.25%2021-10-19
Anonymous
KeyBanc
Strong BuyMaintains$78.00+7.13%2021-10-14
Goldman Sachs
Top 22%
79
HoldDowngrades$76.00+4.38%2021-10-11
Truist Securities
Top 5%
96
Strong BuyMaintains$100.00+37.34%2021-10-07Find out why
Credit Suisse
Top 3%
98
BuyMaintains$80.00+9.88%2021-09-21

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Forecast return on equity

Is COP forecast to generate an efficient return?
Company
1.54%
Industry
7.25%
Market
37.06%
COP's Return on Equity is forecast to be low in 3 years (1.54%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is COP forecast to generate an efficient return on assets?
Company
0.8%
Industry
3.27%
COP is forecast to generate lower Return on Assets (0.8%) than the US Oil & Gas E&P industry average (3.27%)
Forecast

COP earnings per share forecast

What is COP's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$4.76+310.34%
Avg 2 year Forecast
$5.30+356.9%
Avg 3 year Forecast
$4.34+274.14%
COP's earnings are forecast to grow at an exceptional rate of 60.1% per year
Forecast

COP revenue forecast

What is COP's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$45.4B+45.36%
Avg 2 year Forecast
$51.4B+64.63%
Avg 3 year Forecast
$47.7B+52.96%
COP's revenue is forecast to grow at a rate of 16.83% per year, which is not exceptional
Forecast

COP earnings growth forecast

How is COP forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
60.1%
Industry
132.27%
Market
14.37%
COP's earnings are forecast to grow slower (60.1% per year) than the US Oil & Gas E&P industry average (132.27%)
Forecast
COP's earnings are forecast to grow faster (60.1% per year) than the US market average (14.37%)
Forecast
COP's earnings are forecast to grow faster (60.1% per year) than the risk-free savings rate (1.4%)
Forecast

COP revenue growth forecast

How is COP forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
16.83%
Industry
18.7%
Market
10.03%
COP's revenues are forecast to grow slower (16.83% per year) than the US Oil & Gas E&P industry average (18.7%)
Forecast
COP's revenues are forecast to grow faster (16.83% per year) than the US market average (10.03%)
Forecast

Conocophillips Stock Forecast FAQ

Is Conocophillips Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NYSE: COP) stock is to Strong Buy COP stock.

Out of 12 analysts, 7 (58.33%) are recommending COP as a Strong Buy, 3 (25%) are recommending COP as a Buy, 2 (16.67%) are recommending COP as a Hold, 0 (0%) are recommending COP as a Sell, and 0 (0%) are recommending COP as a Strong Sell.

What is COP's earnings growth forecast for 2021-2023?

(NYSE: COP) Conocophillips's forecast annual earnings growth rate of 60.1% is not forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 132.27%, and while it is forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Conocophillips's earnings in 2021 is $1,851,000,000.On average, 7 Wall Street analysts forecast COP's earnings for 2021 to be $6,374,030,715, with the lowest COP earnings forecast at $5,771,443,778, and the highest COP earnings forecast at $6,775,755,340. On average, 8 Wall Street analysts forecast COP's earnings for 2022 to be $7,097,135,040, with the lowest COP earnings forecast at $5,450,064,078, and the highest COP earnings forecast at $9,132,539,806.

In 2023, COP is forecast to generate $5,811,616,240 in earnings, with the lowest earnings forecast at $5,222,420,124 and the highest earnings forecast at $6,949,836,011.

What is COP's revenue growth forecast for 2021-2023?

(NYSE: COP) Conocophillips's forecast annual revenue growth rate of 16.83% is not forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 18.7%, and while it is forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Conocophillips's revenue in 2021 is $31,199,000,000.On average, 4 Wall Street analysts forecast COP's revenue for 2021 to be $60,728,805,281,879, with the lowest COP revenue forecast at $58,366,731,441,571, and the highest COP revenue forecast at $62,234,589,693,391. On average, 4 Wall Street analysts forecast COP's revenue for 2022 to be $68,778,891,390,735, with the lowest COP revenue forecast at $64,474,485,684,446, and the highest COP revenue forecast at $73,902,855,504,283.

In 2023, COP is forecast to generate $63,903,388,601,360 in revenue, with the lowest revenue forecast at $60,502,928,916,118 and the highest revenue forecast at $68,681,479,864,608.

What is COP's forecast return on assets (ROA) for 2021-2024?

(NYSE: COP) forecast ROA is 0.8%, which is lower than the forecast US Oil & Gas E&P industry average of 3.27%.

What is COP's Price Target?

According to 12 Wall Street analysts that have issued a 1 year COP price target, the average COP price target is $82.92, with the highest COP stock price forecast at $100.00 and the lowest COP stock price forecast at $56.00.

On average, Wall Street analysts predict that Conocophillips's share price could stay at $82.92 by Nov 19, 2022. The average Conocophillips stock price prediction forecasts a potential downside of N/A from the current COP share price of $72.81.

What is COP's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: COP) Conocophillips's current Earnings Per Share (EPS) is $1.16. On average, analysts forecast that COP's EPS will be $4.76 for 2021, with the lowest EPS forecast at $4.31, and the highest EPS forecast at $5.06. On average, analysts forecast that COP's EPS will be $5.30 for 2022, with the lowest EPS forecast at $4.07, and the highest EPS forecast at $6.82. In 2023, COP's EPS is forecast to hit $4.34 (min: $3.90, max: $5.19).

What is COP's forecast return on equity (ROE) for 2021-2024?

(NYSE: COP) forecast ROE is 1.54%, which is considered weak.
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