On June 13, 2025, Jefferies analyst Lloyd Byrne announced an adjustment in the price target for EOG Resources (EOG, Financial). The price target has been raised from USD 144.00 to USD 148.00. This change represents a 2.78% increase from the previous target.
Despite the adjustment in the price target, Jefferies has maintained its "Buy" rating for EOG Resources (EOG, Financial). The decision reflects ongoing confidence in EOG's potential growth and performance in the market.
Investors and stakeholders may find this increase significant as it signals Jefferies' optimistic outlook on EOG Resources (EOG, Financial), supporting potential investment decisions. EOG Resources continues to be monitored as a key player in its sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 27 analysts, the average target price for EOG Resources Inc (EOG, Financial) is $138.79 with a high estimate of $158.00 and a low estimate of $118.00. The average target implies an upside of 15.10% from the current price of $120.59. More detailed estimate data can be found on the EOG Resources Inc (EOG) Forecast page.
Based on the consensus recommendation from 31 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 $130.91, suggesting a upside of 8.56% from the current price of $120.59. 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.