On May 23, 2025, B of A Securities, represented by analyst Noah Hungness, has maintained its 'Neutral' rating on EOG Resources (EOG, Financial). Despite keeping the rating unchanged, the firm has adjusted its price target for EOG.
The new price target for EOG Resources (EOG, Financial) has been lowered to $124.00 USD, down from the previous target of $125.00 USD. This adjustment reflects a percentage change of -0.80% from the prior price target.
As of the latest update, there are no further changes in the analyst's outlook on EOG Resources (EOG, Financial), with the stock continuing to hold a 'Neutral' position.
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 $136.51 with a high estimate of $156.00 and a low estimate of $114.23. The average target implies an upside of 24.22% from the current price of $109.89. 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 $120.28, suggesting a upside of 9.45% from the current price of $109.89. 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.