ConocoPhillips Stock Target Price and Analyst Consensus

COP Stock  USD 127.28  0.44  0.35%   
The current analyst and expert consensus on ConocoPhillips is Strong Buy with 9 buy recommendations. The current projected ConocoPhillips target price consensus is 129.91, with 27 analyst opinions. The most common way ConocoPhillips analysts use to provide public buy-or-sell recommendation is financial statements analysis. They also talk to ConocoPhillips executives, vendors, and/or customers. ConocoPhillips buy-or-sell recommendation module provides average expert sentiment on the projected ConocoPhillips target price to derive its highest and lowest estimates based on target price estimated volatility of 0.0. Check out Macroaxis Advice on ConocoPhillips to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in ConocoPhillips Stock, please use our How to Invest in ConocoPhillips guide.
Lowest Forecast
118.22
Highest Forecast
144.2
Target Price
129.91
At this time, ConocoPhillips' Pretax Profit Margin is relatively stable compared to the past year. As of 03/28/2024, Operating Profit Margin is likely to grow to 0.28, while Gross Profit is likely to drop slightly above 17.6 B. At this time, ConocoPhillips' Inventory is relatively stable compared to the past year. As of 03/28/2024, Other Current Assets is likely to grow to about 1.4 B, while Total Stockholder Equity is likely to drop slightly above 32.3 B.
  
It's important to approach ConocoPhillips' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

ConocoPhillips Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ConocoPhillips target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. ConocoPhillips' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   27  Strong Buy
Most ConocoPhillips analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand ConocoPhillips stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of ConocoPhillips, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

ConocoPhillips Target Price Projection

ConocoPhillips' current and average target prices are 127.28 and 129.91, respectively. The current price of ConocoPhillips is the price at which ConocoPhillips is currently trading. On the other hand, ConocoPhillips' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

ConocoPhillips Market Quote on 28th of March 2024

Low Price126.71Odds
High Price128.64Odds

127.28

Target Price

Analyst Consensus On ConocoPhillips Target Price

Low Estimate118.22Odds
High Estimate144.2Odds

129.91

Historical Lowest Forecast  118.22 Target Price  129.91 Highest Forecast  144.2
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on ConocoPhillips and the information provided on this page.

ConocoPhillips Analyst Ratings

ConocoPhillips' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about ConocoPhillips stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of ConocoPhillips' financials, market performance, and future outlook by experienced professionals. ConocoPhillips' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize ConocoPhillips price targets

ConocoPhillips' stock target price is an estimate of its future price, usually made by analysts. Using ConocoPhillips' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at ConocoPhillips' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if ConocoPhillips' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional ConocoPhillips Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of ConocoPhillips is a key component of ConocoPhillips valuation and have some predictive power on the future returns of a ConocoPhillips.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ConocoPhillips' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
125.62126.94128.26
Details
Intrinsic
Valuation
LowRealHigh
120.71122.03139.52
Details
Naive
Forecast
LowNextHigh
127.43128.75130.07
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.602.012.95
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ConocoPhillips. Your research has to be compared to or analyzed against ConocoPhillips' peers to derive any actionable benefits. When done correctly, ConocoPhillips' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ConocoPhillips.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Blockchain Idea
Blockchain
Invested a lot of shares
Hedge Favorites Idea
Hedge Favorites
Invested over 100 shares
Business Services Idea
Business Services
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested over 40 shares
When determining whether ConocoPhillips is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ConocoPhillips Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Conocophillips Stock. Highlighted below are key reports to facilitate an investment decision about Conocophillips Stock:
Check out Macroaxis Advice on ConocoPhillips to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in ConocoPhillips Stock, please use our How to Invest in ConocoPhillips guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for ConocoPhillips Stock analysis

When running ConocoPhillips' price analysis, check to measure ConocoPhillips' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ConocoPhillips is operating at the current time. Most of ConocoPhillips' value examination focuses on studying past and present price action to predict the probability of ConocoPhillips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ConocoPhillips' price. Additionally, you may evaluate how the addition of ConocoPhillips to your portfolios can decrease your overall portfolio volatility.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
The data published in ConocoPhillips' official financial statements usually reflect ConocoPhillips' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of ConocoPhillips. For example, before you start analyzing numbers published by ConocoPhillips accountants, it's critical to develop an understanding of what ConocoPhillips' liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of ConocoPhillips' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ConocoPhillips' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in ConocoPhillips' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ConocoPhillips. Please utilize our Beneish M Score to check the likelihood of ConocoPhillips' management manipulating its earnings.