Ecopetrol (EC) Stock Forecast & Price Target

Q: What analysts cover Ecopetrol?

Ecopetrol has been rated by research analysts at UBS Group , Weiss Ratings , and Zacks Research in the past 90 days.

$17.72 -0.36 (-1.96%)

Closing price 09/11/2026 03:58 PM Eastern

Extended Trading

$17.81 +0.10 (+0.55%)

As of 09/11/2026 07:55 PM Eastern

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

Consensus Rating

Reduce

Based on 8 Analyst Ratings

Sell
1

Hold
7

Buy
0

Based on 8 Wall Street analysts who have issued ratings for Ecopetrol in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 8 analysts, 1 has given a sell rating, and 7 have given a hold rating for EC.

Consensus Price Target

$13.54
-23.57% Downside

According to the 8 analysts' twelve-month price targets for Ecopetrol, the average price target is $13.54. The highest price target for EC is $18.00, while the lowest price target for EC is $8.70. The average price target represents a forecasted downside of -23.57% from the current price of $17.72.

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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EC Analyst Ratings Over Time

Type	Current Forecast 9/12/25 to 9/12/26	1 Month Ago 8/13/25 to 8/13/26	3 Months Ago 6/14/25 to 6/14/26	1 Year Ago 9/12/24 to 9/12/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	1 Buy rating(s)
Hold	7 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)	3 Hold rating(s)
Sell	1 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$13.54	$13.14	$13.14	$11.00
Forecasted Upside	-23.57% Downside	-23.78% Downside	-20.69% Downside	20.22% Upside
Consensus Rating	Reduce	Reduce	Hold	Hold

EC 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.

EC 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.

Ecopetrol Stock vs. The Competition

Type	Ecopetrol	Energy Companies	Broader Market
Consensus Rating Score	1.88	2.44	2.53
Consensus Rating	Reduce	Hold	Moderate Buy
Predicted Upside	-23.57% Downside	31.42% Upside	16.40% Upside
News Sentiment Rating	Neutral News See Recent EC News	Positive 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	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
9/4/2026	Zacks Research 5 of 5 stars		Upgrade	Strong Sell ➝ Hold
8/26/2026	Weiss Ratings 5 of 5 stars		Reiterated Rating	Hold (C)
8/14/2026	UBS Group 4 of 5 stars	Tasso Vasconcellos Not Rated	Boost Target	Neutral	$14.00 ➝ $16.00	-8.47%
6/3/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Andres Cardona Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$14.00 ➝ $18.00	+15.17%
6/1/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Rodolfo Angele Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$11.00 ➝ $13.00	-19.12%
3/12/2026	HSBC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold
2/4/2026	Bradesco Corretora Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target	Underperform	$12.00	+1.05%
12/1/2025	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Neutral	$8.70	-11.41%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 05:51 PM ET.

Should I Buy Ecopetrol Stock? EC 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 Thursday, September 10, 2026. Please send any questions or comments about these Ecopetrol pros and cons to contact@marketbeat.com.

Ecopetrol
Bull Case

Here are some ways that investors could benefit from investing in Ecopetrol S.A.:

The stock is trading at $18.09, which is near its 52-week high of $18.19, indicating strong recent momentum and a significant recovery from its 52-week low of $8.57.
Ecopetrol S.A. offers a dividend yield of 3.65%, providing a steady income stream for investors, supported by a strong return on equity of 18.16% reported in the most recent quarter.
The company demonstrated strong financial performance in the latest quarter with revenue of $11.72 billion and a net margin of 11.46%, reflecting operational efficiency and profitability.
With a beta of 0.44, the stock exhibits lower volatility compared to the broader market, making it a potentially stable addition to a diversified portfolio during periods of market uncertainty.
Recent news highlights that Ecopetrol S.A. is considered one of the better-run state-owned companies, with strategic acquisitions and joint ventures increasing exposure to rising oil prices amid global geopolitical tensions.

Ecopetrol
Bear Case

Investors should be bearish about investing in Ecopetrol S.A. for these reasons:

The consensus rating from eight brokerages is "Reduce," with two sell ratings and six hold ratings, and the average 1-year price target of $13.54 is significantly below the current stock price of $18.09.
A securities fraud investigation into Ecopetrol S.A. was announced in September 2026, which could lead to legal costs, reputational damage, and potential financial liabilities for the company.
Recent significant changes in senior management and the board of directors, including the nomination of new candidates and the implementation of measures for an extraordinary shareholders' meeting, introduce uncertainty and potential disruption to company strategy.
The company's price-to-earnings ratio of 9.57, while not extremely high, may be considered expensive relative to its "Reduce" consensus rating and the lower price targets set by analysts, suggesting limited upside potential.
Short interest data shows a fluctuating but notable level of short selling, with days to cover ranging from 1.97 to 8.66 in recent months, indicating that some investors are betting against the stock's future performance.

EC Forecast - Frequently Asked Questions

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Ecopetrol is $13.54, with a high forecast of $18.00 and a low forecast of $8.70.

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ecopetrol in the last year. There is currently 1 sell rating and 7 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" EC shares.

According to analysts, Ecopetrol's stock has a predicted downside of -23.57% based on their 12-month stock forecasts.

Over the previous 90 days, Ecopetrol's stock had 2 downgrades and 1 upgrade by analysts.

Ecopetrol has been rated by research analysts at UBS Group, Weiss Ratings, and Zacks Research in the past 90 days.

Analysts like Ecopetrol less than other "energy" companies. The consensus rating for Ecopetrol is Reduce while the average consensus rating for "energy" companies is Hold. Learn more on how EC compares to other companies.

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Brokerages With Ecopetrol Recommendations

MarketBeat monitors more than a dozen sources for Ecopetrol analyst ratings, with the most recent rating issued on 9/4/2026.

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Ecopetrol (EC) Stock Forecast & Price Target