Equinor ASA (EQNR) Stock Forecast & Price Target

$26.00

+0.01 (+0.04%)

(As of 07/26/2024 ET)

Equinor ASA - 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

Reduce
Based on 7 Analyst Ratings

Based on 7 Wall Street analysts who have issued ratings for Equinor ASA in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 7 analysts, 2 have given a sell rating, 4 have given a hold rating, and 1 has given a buy rating for EQNR.

Consensus Price Target

$28.25
8.65% Upside

High Forecast	$28.50
Average Forecast	$28.25
Low Forecast	$28.00

According to the 7 analysts' twelve-month price targets for Equinor ASA, the average price target is $28.25. The highest price target for EQNR is $28.50, while the lowest price target for EQNR is $28.00. The average price target represents a forecasted upside of 8.65% from the current price of $26.00.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Reduce	Reduce	Reduce	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	6 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	2 Hold rating(s)
Sell	2 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)	4 Sell rating(s)
Consensus Price Target	$28.25	$28.25	$28.25	N/A
Forecasted Upside	8.65% Upside	7.46% Upside	7.46% Upside	N/A

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EQNR 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.

EQNR 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.

Equinor ASA Stock vs. The Competition

Type	Equinor ASA	Oils/Energy Companies	S&P 500
Consensus Rating Score	1.86	2.56	2.50
Consensus Rating	Reduce	Moderate Buy	Moderate Buy
Predicted Upside	8.28% Upside	223.66% Upside	9.13% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/10/2024	TD Cowen 4 of 5 stars		Lower Target	Hold ➝ Hold	$30.00 ➝ $28.00	+4.36%
2/20/2024	Morgan Stanley 3 of 5 stars		Upgrade	Underweight ➝ Equal Weight	$26.40 ➝ $28.50	+11.94%
2/8/2024	DZ Bank 4 of 5 stars		Downgrade	Buy ➝ Hold
12/19/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Sector Perform
12/7/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy
11/29/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Hold ➝ Underperform
Get the Latest News and Ratings for EQNR and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Equinor ASA and its competitors with MarketBeat's FREE daily newsletter.
10/5/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Sell
7/19/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Hold ➝ Sell
4/4/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underperform
3/30/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	James Hubbard Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy
3/22/2023	Societe Generale Subscribe to MarketBeat All Access for the recommendation accuracy rating	Yoann Charenton Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy
2/9/2023	Nordea Equity Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
2/9/2023	Pareto Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
1/19/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underweight
1/6/2023	DNB Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
1/3/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Outperform
12/1/2022	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 02:05 AM ET.

EQNR Forecast - Frequently Asked Questions

What is Equinor ASA's forecast for 2024?: According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Equinor ASA is $28.25, with a high forecast of $28.50 and a low forecast of $28.00.
Should I buy or sell Equinor ASA stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Equinor ASA in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" EQNR shares.
Does Equinor ASA's stock price have much upside?: According to analysts, Equinor ASA's stock has a predicted upside of 8.05% based on their 12-month stock forecasts.
What analysts cover Equinor ASA?: Equinor ASA has been rated by research analysts at TD Cowen in the past 90 days.
Do Wall Street analysts like Equinor ASA more than its competitors?: Analysts like Equinor ASA less than other "oils/energy" companies. The consensus rating for Equinor ASA is Reduce while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how EQNR compares to other companies.