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EOG Resources (EOG) Stock Forecast & Price Target

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$137.57 +1.34 (+0.98%)
(As of 11:16 AM ET)

EOG Resources - Analysts' Recommendations and Stock Price Forecast (2024)

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

Sell
0
Hold
14
Buy
8

Based on 22 Wall Street analysts who have issued ratings for EOG Resources in the last 12 months, the stock has a consensus rating of "Hold." Out of the 22 analysts, 14 have given a hold rating, 7 have given a buy rating, and 1 has given a strong buy rating for EOG.

Consensus Price Target

$142.90
3.87% Upside
According to the 22 analysts' twelve-month price targets for EOG Resources, the average price target is $142.90. The highest price target for EOG is $158.00, while the lowest price target for EOG is $125.00. The average price target represents a forecasted upside of 3.87% from the current price of $137.57.
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EOG Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
7 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
14 Buy rating(s)
Hold
14 Hold rating(s)
13 Hold rating(s)
14 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$142.90$141.20$144.15$147.68
Forecasted Upside3.87% Upside12.90% Upside13.59% Upside19.90% Upside
Consensus Rating
Hold
Hold
Hold
Moderate Buy

EOG 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.
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EOG 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.
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EOG Resources Stock vs. The Competition

TypeEOG ResourcesOils/Energy CompaniesS&P 500
Consensus Rating Score
2.41
2.62
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside3.84% Upside1,464.43% Upside9.87% Upside
News Sentiment Rating
Positive News

See Recent EOG News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/21/2024Wells Fargo & Company
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$135.00 ➝ $147.00+7.91%
11/18/2024Piper Sandler
2 of 5 stars
M. Lear
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DowngradeOverweight ➝ Neutral$147.00 ➝ $149.00+10.73%
11/12/2024Truist Financial
2 of 5 stars
N. Dingmann
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Boost TargetHold ➝ Hold$115.00 ➝ $135.00+1.30%
11/12/2024Benchmark
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 Reiterated RatingHold
10/16/2024KeyCorp
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 Lower TargetOverweight ➝ Overweight$157.00 ➝ $150.00+17.85%
10/14/2024Royal Bank of Canada
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 Reiterated RatingSector Perform ➝ Sector Perform$145.00 ➝ $145.00+10.38%
10/10/2024Scotiabank
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 Lower TargetSector Perform ➝ Sector Perform$150.00 ➝ $140.00+6.30%
10/3/2024Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$144.00 ➝ $137.00+5.59%
9/30/2024Evercore ISI
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 Lower TargetOutperform ➝ Outperform$150.00 ➝ $145.00+18.38%
9/18/2024UBS Group
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 Lower TargetBuy ➝ Buy$167.00 ➝ $154.00+24.72%
9/16/2024Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$134.00 ➝ $132.00+9.35%
9/12/2024JPMorgan Chase & Co.
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 Lower TargetNeutral ➝ Neutral$143.00 ➝ $135.00+14.20%
9/4/2024Susquehanna
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 Lower TargetPositive ➝ Positive$159.00 ➝ $158.00+26.98%
7/18/2024Wolfe Research
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D. Leggate
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Initiated CoveragePeer Perform
7/17/2024Sanford C. Bernstein
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 Lower TargetMarket Perform ➝ Market Perform$139.00 ➝ $125.00-5.42%
6/14/2024Bank of America
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 Reiterated RatingBuy$151.00+28.36%
5/24/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$124.00 ➝ $130.00+4.84%
5/13/2024Mizuho
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 Boost TargetBuy ➝ Buy$140.00 ➝ $156.00+20.43%
4/30/2024TD Cowen
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 Boost TargetHold ➝ Hold$130.00 ➝ $144.00+6.96%
4/23/2024Stifel Nicolaus
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 Lower TargetBuy ➝ Buy$153.00 ➝ $150.00+11.20%
2/23/2024TD Securities
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 Lower TargetHold$135.00 ➝ $130.00+15.64%
1/24/2024Raymond James
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 Lower TargetStrong-Buy ➝ Strong-Buy$148.00 ➝ $145.00+29.46%
8/28/2023Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$141.00 ➝ $147.00+15.68%
8/24/2023Tudor, Pickering, Holt & Co.
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 DowngradeBuy ➝ Hold
6/13/2023The Goldman Sachs Group
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 DowngradeBuy ➝ Neutral$137.00 ➝ $130.00+14.12%
2/24/2023Roth Capital
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L. Mariani
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Reiterated RatingBuy
2/24/2023Credit Suisse Group
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 Lower TargetOutperform$160.00 ➝ $155.00+36.77%
12/5/2022Johnson Rice
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 DowngradeBuy ➝ Hold$177.00 ➝ $163.00+18.16%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 11:35 AM ET.


EOG Forecast - Frequently Asked Questions

According to the research reports of 22 Wall Street equities research analysts, the average twelve-month stock price forecast for EOG Resources is $142.90, with a high forecast of $158.00 and a low forecast of $125.00.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EOG Resources in the last twelve months. There are currently 14 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" EOG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EOG, but not buy additional shares or sell existing shares.

According to analysts, EOG Resources's stock has a predicted upside of 3.87% based on their 12-month stock forecasts.

Over the previous 90 days, EOG Resources's stock had 1 downgrade by analysts.

Analysts like EOG Resources less than other "oils/energy" companies. The consensus rating for EOG Resources is Hold while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how EOG compares to other companies.


This page (NYSE:EOG) was last updated on 11/21/2024 by MarketBeat.com Staff
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