On June 2, 2025, Morgan Stanley made an update regarding EOG Resources (EOG, Financial), one of the prominent players in the energy sector. Analyst Devin McDermott maintained an "Equal-Weight" rating on the stock.
Significantly, Morgan Stanley raised the target price for EOG Resources from $132.00 to $135.00, marking an increase of 2.27%. This adjustment reflects the analyst's revised expectations for the company's future stock performance.
EOG Resources (EOG, Financial) continues to maintain its position in the energy market as analysts track its performance closely. With the target price increase, investors may be interested in monitoring additional developments from the company.
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 $137.30 with a high estimate of $156.00 and a low estimate of $118.00. The average target implies an upside of 26.46% from the current price of $108.57. 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 2.2, 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 $120.34, suggesting a upside of 10.84% from the current price of $108.57. 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.
