Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 1, 2026, EOG Resources, Inc. (EOG) has a Wall Street consensus price target of $133.21, based on estimates from 65 covering analysts. With the stock currently trading at $124.08, this represents a potential upside of +7.4%. The company has a market capitalization of $67.33B.
Analyst price targets range from a low of $110.00 to a high of $153.00, representing a 32% spread in expectations. The median target of $133.50 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 38 analysts rating the stock as a Buy or Strong Buy,27 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, EOG trades at a trailing P/E of 13.6x and forward P/E of 13.0x. Analysts expect EPS to grow +3.7% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $146.88, with bear and bull scenarios of $-42.30 and $417.07 respectively. Model confidence stands at 48/100, suggesting limited visibility into future performance.
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Start ComparisonThe consensus price target for EOG is $133.21, close to the current price of $124.08 (7.4% implied move). Based on 65 analyst estimates, the stock appears fairly valued near current levels.
EOG has a consensus rating of "Buy" based on 65 Wall Street analysts. The rating breakdown is predominantly bullish, with 38 Buy/Strong Buy ratings. The consensus 12-month price target of $133.21 implies 7.4% upside from current levels.
With a forward P/E of 12.9579x, EOG trades at a relatively low valuation. The consensus target of $133.21 implies 7.4% appreciation, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $153 for EOG, while the most conservative target is $110. The consensus of $133.21 represents the median expectation. Our quantitative valuation model projects a bull case target of $417 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
EOG is heavily covered by Wall Street, with 65 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 37 have Buy ratings, 27 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month EOG stock forecast based on 65 Wall Street analysts shows a consensus price target of $133.21, with estimates ranging from $110 (bear case) to $153 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $147, with bear/bull scenarios of $-42/$417.
Our quantitative valuation model calculates EOG's fair value at $147 (base case), with a bear case of $-42 and bull case of $417. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 48/100.
EOG trades at a forward P/E ratio of 13.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 13.6x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
EOG appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $133.21 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
EOG analyst price targets range from $110 to $153, a 32% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $133.21 consensus represents the middle ground. Our model's $-42-$417 range provides an independent fundamental perspective.