On May 20, 2025, Raymond James analyst John Freeman announced a revision on the price target for EOG Resources (EOG, Financial), raising it from USD 140.00 to USD 148.00. This represents an increase of 5.71% from the previous target.
The analyst maintains a "Strong Buy" rating for EOG Resources (EOG, Financial), keeping it consistent with the previous recommendation. This continued bullish stance reflects a positive outlook on the company's performance.
Investors should note that the revised price target and maintained rating underscore ongoing confidence in EOG Resources (EOG, Financial) amid current market conditions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 28 analysts, the average target price for EOG Resources Inc (EOG, Financial) is $136.01 with a high estimate of $156.00 and a low estimate of $114.00. The average target implies an upside of 20.27% from the current price of $113.09. More detailed estimate data can be found on the EOG Resources Inc (EOG) Forecast page.
Based on the consensus recommendation from 32 brokerage firms, EOG Resources Inc's (EOG, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for EOG Resources Inc (EOG, Financial) in one year is $121.06, suggesting a upside of 7.05% from the current price of $113.09. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the EOG Resources Inc (EOG) Summary page.
