BP (BP) Stock Forecast & Price Target

Q: What analysts cover BP?

BP has been rated by research analysts at Berenberg Bank , Jefferies Financial Group , JPMorgan Chase & Co. , Royal Bank Of Canada , and UBS Group in the past 90 days.

GBX 567 +6.55 (+1.17%)

As of 11/12/2026

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BP - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 10 Analyst Ratings

Sell
0

Hold
1

Buy
9

Based on 10 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 10 analysts, 1 has given a hold rating, and 9 have given a buy rating for BP.

Consensus Price Target

GBX 668.75

According to the 10 analysts' twelve-month price targets for BP, the average price target is GBX 668.75. The highest price target for BP is GBX 720, while the lowest price target for BP is GBX 580. The average price target represents a forecasted upside of 17.95% from the current price of GBX 567.

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.

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BP Analyst Ratings Over Time

Type	Current Forecast 11/13/25 to 11/13/26	1 Month Ago 10/14/25 to 10/14/26	3 Months Ago 8/15/25 to 8/15/26	1 Year Ago 11/13/24 to 11/13/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 Buy rating(s)	10 Buy rating(s)	9 Buy rating(s)	2 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	2 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	GBX 668.75	GBX 605	GBX 579	GBX 482
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	Energy Companies
Consensus Rating Score	2.90	2.46
Consensus Rating	Moderate Buy	Hold
News Sentiment Rating	Neutral News See Recent BP News	Positive News

Recent Analyst Forecasts and Stock Ratings

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Rating

Upside/Downside

Action

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Date	Brokerage	Action	Rating	Price Target	Report Date Upside/Downside
11/11/2026	Jefferies Financial Group 3 of 5 stars	Reiterated Rating	Hold	GBX 580	+5.03%
11/2/2026	Berenberg Bank 3 of 5 stars	Boost Target	Buy	GBX 715 ➝ GBX 720	+14.76%
9/28/2026	UBS Group 4 of 5 stars	Reiterated Rating	Buy
9/24/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access to unlock brokerage rankings	Reiterated Rating	Buy
9/23/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access to unlock brokerage rankings	Upgrade	Neutral ➝ Overweight	GBX 550 ➝ GBX 675	+24.47%
7/1/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access to unlock brokerage rankings	Reiterated Rating	Buy
5/26/2026	Barclays Subscribe to MarketBeat All Access to unlock brokerage rankings	Reiterated Rating	Buy
4/28/2026	DZ Bank Subscribe to MarketBeat All Access to unlock brokerage rankings	Reiterated Rating	Buy
4/17/2026	BNP Paribas Exane Subscribe to MarketBeat All Access to unlock brokerage rankings	Upgrade	Neutral ➝ Outperform
3/25/2026	Morgan Stanley Subscribe to MarketBeat All Access to unlock brokerage rankings	Upgrade	Overweight
Get the Latest News and Ratings for BP and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for BP and its competitors with MarketBeat's FREE daily newsletter.
11/3/2025	Citigroup Subscribe to MarketBeat All Access to unlock brokerage rankings	Boost Target	Buy	GBX 475 ➝ GBX 525	+18.70%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 06:22 PM 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 Monday, November 9, 2026. 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. reported a record third-quarter profit of approximately $8.46 billion, with underlying net income reaching about $4.7 billion, which represents a 304% year-over-year increase and roughly 25% above analyst forecasts, driven largely by sharply higher refining margins linked to Middle East geopolitical tensions.
The company has significantly strengthened its balance sheet by cutting debt by about 40% and prioritizing the settlement of remaining Deepwater Horizon-related financial obligations, with management targeting total financial obligations of approximately $33 billion to $35 billion by year-end 2026, which supports investor confidence.
BP p.l.c. is currently trading at $559.40, which is below the consensus price target of GBX 628 and the recent target price of GBX 720 set by Berenberg Bank, suggesting potential upside of 14.76% from the current price according to the brokerage's analysis.
Analyst sentiment remains positive with a consensus rating of "Moderate Buy," supported by recent upgrades such as JPMorgan Chase & Co. raising its target price from GBX 550 to GBX 675 and Berenberg Bank increasing its target from GBX 715 to GBX 720, indicating strong institutional support for the stock.
The company completed the sale of its Castrol stake for $6 billion and raised $1.06 billion from selling a 5% stake in Aker BP, using the proceeds to pay off debt, which demonstrates a strategic focus on capital discipline and improving the company's financial position.

BP
Bear Case

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

BP p.l.c. disclosed a roughly $4 billion write-down, highlighting weaker asset values and continued pressure to improve operational execution, with the CEO acknowledging that the company "has got to get better," which tempers the impact of the recent earnings beat.
The stock has a high debt-to-equity ratio of 111.97, indicating significant leverage on the balance sheet, which could pose risks if cash flows decline or interest rates remain elevated, despite recent efforts to reduce debt.
BP p.l.c. is facing operational challenges in its downstream business, including a lockout at its Whiting facility called for by an aviation union, which could disrupt operations and impact profitability in the refining and marketing segments.
The company is reducing budgets for oil projects in Iraq alongside PetroChina, which may signal a pullback from certain growth opportunities or a response to unfavorable economic conditions in key production regions.
BP p.l.c. has a low quick ratio of 0.62, suggesting that it may face liquidity constraints in meeting short-term obligations without relying on the sale of inventory, which could be a concern for investors focused on financial stability.

BP Forecast - Frequently Asked Questions

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for BP is GBX 668.75, with a high forecast of GBX 720 and a low forecast of GBX 580.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BP in the last year. There is currently 1 hold rating and 9 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 17.95% based on their 12-month stock forecasts.

Over the previous 90 days, BP's stock had 2 upgrades by analysts.

BP has been rated by research analysts at Berenberg Bank, Jefferies Financial Group, JPMorgan Chase & Co., Royal Bank Of Canada, and UBS Group in the past 90 days.

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

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Brokerages With BP Recommendations

MarketBeat monitors more than a dozen sources for BP analyst ratings, with the most recent rating issued on 11/11/2026.

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BP (BP) Stock Forecast & Price Target