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 , The Goldman Sachs Group , and UBS Group in the past 90 days.

GBX 563.50 +5.00 (+0.90%)

As of 09/28/2026

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

Consensus Rating

Moderate Buy

Based on 11 Analyst Ratings

Sell
0

Hold
1

Buy
10

Based on 11 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 11 analysts, 1 has given a hold rating, and 10 have given a buy rating for BP.

Consensus Price Target

GBX 605

According to the 11 analysts' twelve-month price targets for BP, the average price target is GBX 605. The highest price target for BP is GBX 700, while the lowest price target for BP is GBX 520. The average price target represents a forecasted upside of 7.36% from the current price of GBX 563.50.

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 9/29/25 to 9/29/26	1 Month Ago 8/30/25 to 8/30/26	3 Months Ago 7/1/25 to 7/1/26	1 Year Ago 9/29/24 to 9/29/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	10 Buy rating(s)	9 Buy rating(s)	9 Buy rating(s)	1 Buy rating(s)
Hold	1 Hold rating(s)	2 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 605	GBX 580	GBX 613	GBX 450
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	2.91	2.45
Consensus Rating	Moderate Buy	Hold
News Sentiment Rating	Neutral News See Recent BP News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Action	Rating	Price Target	Report Date Upside/Downside
9/28/2026	UBS Group 4 of 5 stars	Reiterated Rating	Buy
9/24/2026	Royal Bank Of Canada 3 of 5 stars	Reiterated Rating	Buy
9/23/2026	JPMorgan Chase & Co. 3 of 5 stars	Boost Target	Neutral ➝ Overweight	GBX 550 ➝ GBX 675	+24.47%
8/25/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Reiterated Rating	Hold	GBX 520	-2.57%
8/18/2026	Berenberg Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target	Buy	GBX 600 ➝ GBX 605	+16.44%
7/1/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Reiterated Rating	Buy
5/26/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Reiterated Rating	Buy
4/28/2026	DZ Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Reiterated Rating	Buy
4/17/2026	BNP Paribas Exane Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Upgrade	Neutral ➝ Outperform
3/25/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	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 for the firm's recommendation accuracy rating	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 Tuesday at 01:51 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 Saturday, September 26, 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.:

Analyst sentiment has turned strongly positive, with JPMorgan Chase & Co. recently raising its price target to GBX 675 and Royal Bank Of Canada upgrading the stock to "outperform" with a GBX 700 target, indicating a consensus "Moderate Buy" rating that suggests significant upside potential from the current valuation.
The stock is currently trading at $558.50, which is near its 52-week high of $562.30, reflecting strong recent momentum as the share price crossed above its 50-day moving average in late September, a technical indicator often associated with sustained upward trends.
BP p.l.c. offers a substantial dividend yield of 5.10%, providing investors with a reliable income stream that is attractive in the current market environment, supported by the company's status as a major integrated oil and gas producer with diversified revenue sources.
The company is actively pursuing strategic growth opportunities, including exploring a deal for Devon’s Eagle Ford asset and securing green hydrogen funding for its Spanish refinery, which demonstrates a commitment to both expanding its oil exploration footprint and investing in low-carbon energy solutions.
BP p.l.c. has appointed Ian Tyler as its new chairman, a move intended to provide leadership stability and rebuild board confidence after recent governance concerns, which may help streamline decision-making and improve the execution of the company's long-term strategy.

BP
Bear Case

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

The company faces ongoing governance and leadership challenges, highlighted by the abrupt removal of the previous chairman over conduct concerns, which raises questions about board culture and could distract management from operational performance and strategic execution.
BP p.l.c. is currently selling its stake in a proposed $35 billion gas megaproject, a move that may signal a retreat from large-scale capital-intensive projects and could limit future growth opportunities in the high-margin gas sector.
The stock has experienced recent volatility, including a drop of $13.30 to its current price of $558.50, and the company's high debt-to-equity ratio of 124.41 suggests significant leverage, which could amplify losses during periods of falling oil prices or economic downturns.
There are active labor disputes, such as the ongoing negotiations with the United Steelworkers at the Whiting refinery, which pose operational risks and could lead to production disruptions or increased costs if the talks do not reach a resolution.
Despite the "Moderate Buy" consensus, the stock's price-to-earnings ratio of 41.72 is relatively high compared to historical averages, suggesting that the market may be pricing in optimistic growth expectations that could be difficult to achieve given the company's recent strategic shifts and governance issues.

BP Forecast - Frequently Asked Questions

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for BP is GBX 605, with a high forecast of GBX 700 and a low forecast of GBX 520.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BP in the last twelve months. There is currently 1 hold rating and 10 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 7.36% based on their 12-month stock forecasts.

Over the previous 90 days, BP's stock had 1 upgrade by analysts.

BP has been rated by research analysts at Berenberg Bank, Jefferies Financial Group, JPMorgan Chase & Co., Royal Bank Of Canada, The Goldman Sachs Group, 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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MarketBeat monitors more than a dozen sources for BP analyst ratings, with the most recent rating issued on 9/28/2026.

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BP (BP) Stock Forecast & Price Target