CONOCOPHILLIPS (COP) Forecast, Price Target & Analyst Ratings

NYSE:COP • US20825C1045

Current stock price

121.32 USD
-0.57 (-0.47%)
At close:
121.48 USD
+0.16 (+0.13%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CONOCOPHILLIPS (COP).

Forecast Snapshot

Consensus Price Target

Price Target
$119.02
-1.90% Downside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 6, 2026
Period
Q1 / 2026
EPS Estimate
$1.16
Revenue Estimate
14.219B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
78.79%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$119.02
Upside
-1.90%
From current price of $121.32 to mean target of $119.02, Based on 33 analyst forecasts
Low
$98.98
Median
$120.36
High
$139.65

Price Target Revisions

1 Month
2.77%
3 Months
3.87%

Price Target Summary

33 Wall Street analysts provided a forecast for the next 12 months for COP. The average price target is 119.02 USD. This implies a price decrease of -1.9% is expected in the next year compared to the current price of 121.32.
The average price target has been revised upward by 3.87% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

COP Current Analyst RatingCOP Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15

Analyst Ratings History

COP Historical Analyst RatingsCOP Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
78.79%
COP was analyzed by 33 analysts. The buy percentage consensus is at 79. So analysts seem to be have mildly positive about COP.
In the previous month the buy percentage consensus was at a similar level.
COP was analyzed by 33 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-16BarclaysMaintains Overweight -> Overweight
2026-03-12Piper SandlerMaintains Overweight -> Overweight
2026-03-05UBSMaintains Buy -> Buy
2026-03-02CitigroupMaintains Buy -> Buy
2026-02-17Roth CapitalDowngrade Buy -> Neutral
2026-02-09CitigroupMaintains Buy -> Buy
2026-02-06BMO CapitalMaintains Outperform -> Outperform
2026-02-06Wells FargoMaintains Overweight -> Overweight
2026-02-06Piper SandlerMaintains Overweight -> Overweight
2026-01-26SusquehannaMaintains Positive -> Positive
2026-01-23Morgan StanleyMaintains Overweight -> Overweight
2026-01-20JP MorganDowngrade Overweight -> Neutral
2026-01-16B of A SecuritiesDowngrade Neutral -> Underperform
2026-01-13JP MorganMaintains Overweight -> Overweight
2026-01-12Wells FargoUpgrade Equal-Weight -> Overweight
2026-01-08Piper SandlerMaintains Overweight -> Overweight
2026-01-05BernsteinMaintains Outperform -> Outperform
2025-12-12MizuhoMaintains Outperform -> Outperform
2025-12-12UBSMaintains Buy -> Buy
2025-12-05Johnson RiceDowngrade Accumulate -> Hold
2025-11-12UBSMaintains Buy -> Buy
2025-10-20SusquehannaMaintains Positive -> Positive
2025-10-17Wells FargoInitiate Equal-Weight
2025-10-14Morgan StanleyMaintains Overweight -> Overweight
2025-10-13RBC CapitalMaintains Outperform -> Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 6, 2026
Period
Q1 / 2026
EPS Estimate
$1.16
Revenue Estimate
14.219B
Revenue Q2Q
-16.85%
EPS Q2Q
-44.30%
Number of Analysts
26

Next Earnings Revisions

Revenue (1 Month)
2.15%
Revenue (3 Months)
-1.33%
EPS (1 Month)
0.86%
EPS (3 Months)
-20.10%

Next Earnings Summary

COP is expected to report earnings on 5/6/2026. The consensus EPS estimate for the next earnings is 1.16 USD and the consensus revenue estimate is 14.22B USD.
The next earnings revenue estimate has been revised downward by 1.33% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031
Revenue
YoY % growth
COP revenue by date.COP revenue by date.
56.141B
-28.48%		54.745B
-2.49%		58.944B
7.67%		56.579B
-4.01%		60.235B
6.46%		67.042B
11.30%		69.239B
3.28%		77.878B
12.48%		N/A
EBITDA
YoY % growth
COP ebitda by date.COP ebitda by date.
23.137B
-29.70%		22.105B
-4.46%		22.762B
2.97%		23.104B
1.50%		25.628B
10.92%		27.635B
7.83%		29.617B
7.17%		31.762B
7.24%		31.587B
-0.55%
EBIT
YoY % growth
COP ebit by date.COP ebit by date.
14.867B
-41.48%		12.506B
-15.88%		11.262B
-9.95%		10.177B
-9.63%		12.65B
24.30%		17.292B
36.70%		19.075B
10.31%		19.776B
3.67%		21.754B
10.00%
Operating Margin
COP operating margin by date.COP operating margin by date.
26.48%22.84%19.11%17.99%21.00%25.79%27.55%25.39%N/A
EPS
YoY % growth
COP eps by date.COP eps by date.
8.78
-34.91%		7.77
-11.50%		6.14
-20.98%		4.93
-19.70%		6.60
33.87%		8.31
25.96%		10.02
20.57%		11.90
18.72%		13.86
16.44%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28
EPS
Q2Q % growth		1.16
-44.30%		1.07
-24.30%		1.50
-6.71%		1.66
62.41%		1.99
70.82%		1.92
78.19%		2.05
36.49%		2.15
29.84%		1.57
-20.87%		1.55
-18.91%		1.58
-22.94%
Revenue
Q2Q % growth		14.219B
-16.85%		13.737B
-6.80%		14.932B
-3.80%		15.67B
10.47%		16.204B
13.96%		16.211B
18.01%		16.766B
12.28%		17.002B
8.50%		N/AN/AN/A
EBITDA
Q2Q % growth		5.805B
-16.80%		5.627B
-31.37%		6.138B
-45.72%		6.383B
-52.44%		6.763B
16.50%		6.638B
17.97%		6.904B
12.48%		7.03B
10.14%		6.043B
-10.65%		5.943B
-10.47%		5.958B
-13.70%
EBIT
Q2Q % growth		2.804B
-33.73%		2.506B
-4.17%		3.192B
13.72%		3.612B
88.13%		3.94B
40.51%		3.748B
49.56%		4.02B
25.94%		4.127B
14.26%		N/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

COP Yearly Revenue VS EstimatesCOP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 20B 40B 60B
COP Yearly EPS VS EstimatesCOP Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 0 5 10

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
10.63%
EPS Next 5 Year
14.15%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
2.69%
Revenue Next 5 Year
4.70%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
26.14%
EBIT Next 5 Year
18.20%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

CONOCOPHILLIPS / COP Forecast FAQ

What is the average price target for CONOCOPHILLIPS (COP) stock?

33 analysts have analysed COP and the average price target is 119.02 USD. This implies a price decrease of -1.9% is expected in the next year compared to the current price of 121.32.

Can you provide the upcoming earnings date for CONOCOPHILLIPS?

CONOCOPHILLIPS (COP) will report earnings on 2026-05-06, before the market open.

What are the consensus estimates for CONOCOPHILLIPS (COP) next earnings?

The consensus EPS estimate for the next earnings of CONOCOPHILLIPS (COP) is 1.16 USD and the consensus revenue estimate is 14.22B USD.

How do analysts rate CONOCOPHILLIPS (COP)?

The consensus rating for CONOCOPHILLIPS (COP) is 78.7879 / 100 . This indicates that analysts generally have a positive outlook on the stock.