BP (BP) Stock Forecast & Price Target

$33.86 -0.79 (-2.27%)

Closing price 02/21/2025 03:59 PM Eastern

Extended Trading

$33.95 +0.09 (+0.25%)

As of 02/21/2025 07:58 PM Eastern

BP - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 21 Analyst Ratings

Sell
1

Hold
12

Buy
8

Based on 21 Wall Street analysts who have issued ratings for BP in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 21 analysts, 1 has given a sell rating, 12 have given a hold rating, 4 have given a buy rating, and 4 have given a strong buy rating for BP.

Consensus Price Target

$39.64
17.05% Upside

According to the 21 analysts' twelve-month price targets for BP, the average price target is $39.64. The highest price target for BP is $57.00, while the lowest price target for BP is $31.80. The average price target represents a forecasted upside of 17.05% from the current price of $33.87.

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BP Analyst Ratings Over Time

Type	Current Forecast 2/23/24 to 2/22/25	1 Month Ago 1/24/24 to 1/23/25	3 Months Ago 11/25/23 to 11/24/24	1 Year Ago 2/23/23 to 2/23/24
Strong Buy	4 Strong Buy rating(s)	4 Strong Buy rating(s)	4 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)
Hold	12 Hold rating(s)	11 Hold rating(s)	11 Hold rating(s)	3 Hold rating(s)
Sell	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$39.64	$38.76	$42.73	$42.25
Forecasted Upside	17.05% Upside	23.11% Upside	43.76% Upside	19.43% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold

BP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

BP Stock vs. The Competition

Type	BP	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.52	2.62	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	17.05% Upside	2,317.93% Upside	14.36% Upside
News Sentiment Rating	Neutral News See Recent BP News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
2/20/2025	JPMorgan Chase & Co. 2 of 5 stars	Matthew Lofting Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underweight ➝ Neutral
2/12/2025	Wells Fargo & Company 3 of 5 stars	Roger Read Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$30.00 ➝ $37.00	+6.25%
2/11/2025	DZ Bank 4 of 5 stars		Downgrade	Hold ➝ Sell
1/17/2025	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Justin Jenkins Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$36.00 ➝ $37.00	+16.48%
1/14/2025	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Borkhataria Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Sector Perform ➝ Sector Perform
1/7/2025	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$34.70 ➝ $31.80	+2.35%
12/19/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$36.00 ➝ $32.00	+12.36%
10/11/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Vigna Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
10/10/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Cheng Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Sector Outperform ➝ Sector Perform	$42.00 ➝ $36.00	+12.57%
10/9/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	L. Herrmann Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Neutral
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9/24/2024	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Low Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
8/8/2024	Hsbc Global Res Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Fustier Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
8/8/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
8/1/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Selesky Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
7/31/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Richardson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
7/31/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	L. Rainforth Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
7/30/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Stone. H Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
7/18/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Leggate Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$57.00	+60.84%
6/14/2024	Erste Group Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Hold
5/8/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$43.00 ➝ $44.00	+17.80%
3/4/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$38.60 ➝ $42.30	+18.69%
10/6/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy
5/3/2023	AlphaValue Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell
2/23/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 10:32 AM ET.

Should I Buy BP Stock? BP Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, February 18, 2025. Please send any questions or comments about these BP pros and cons to contact@marketbeat.com.

BP
Bull Case

Here are some ways that investors could benefit from investing in BP p.l.c.:

BP p.l.c. is projected to announce earnings of $0.78 per share, indicating strong profitability potential for the upcoming quarter.
The current stock price is $31.67, which is relatively close to its fifty-two week high of $40.40, suggesting potential for price appreciation.
Analysts have a consensus price target of $38.76, indicating a favorable outlook for the stock's future performance.
BP p.l.c. has a market capitalization of $85.46 billion, which reflects its stability and size in the oil and gas sector, making it a significant player in the market.
The company has received multiple "buy" and "strong buy" ratings from analysts, indicating positive sentiment and confidence in its growth prospects.

BP
Bear Case

Investors should be bearish about investing in BP p.l.c. for these reasons:

Recent analyst reports have seen price targets lowered, with Piper Sandler reducing their target from $36.00 to $32.00, which may indicate a lack of confidence in short-term growth.
BP p.l.c. has a relatively high PE ratio of 33.33, which could suggest that the stock is overvalued compared to its earnings, making it a riskier investment.
The company has a debt-to-equity ratio of 0.66, which, while manageable, indicates that it relies on debt financing, potentially increasing financial risk.
Recent trading volumes have shown fluctuations, with average volumes around 10 million shares, which may indicate volatility and uncertainty in investor sentiment.
Institutional investors and hedge funds own only 11.01% of BP p.l.c.'s stock, suggesting that larger investors may be cautious about the stock's prospects.

BP Forecast - Frequently Asked Questions

: According to the research reports of 21 Wall Street equities research analysts, the average twelve-month stock price forecast for BP is $39.64, with a high forecast of $57.00 and a low forecast of $31.80.
: 21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BP in the last twelve months. There is currently 1 sell rating, 12 hold ratings, 4 buy ratings and 4 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BP shares.
: According to analysts, BP's stock has a predicted upside of 17.05% based on their 12-month stock forecasts.
: Over the previous 90 days, BP's stock had 1 upgrade and 1 downgrade by analysts.
: BP has been rated by research analysts at DZ Bank, JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, Raymond James, Royal Bank of Canada, and Wells Fargo & Company in the past 90 days.
: Analysts like BP less than other "oils/energy" companies. The consensus rating score for BP is 2.52 while the average consensus rating score for "oils/energy" companies is 2.62. Learn more on how BP compares to other companies.

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This page (NYSE:BP) was last updated on 2/22/2025 by MarketBeat.com Staff

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BP (BP) Stock Forecast & Price Target