EOG Resources, Inc. (EOG) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$134.69
Price Target
$137.93
Target Range
$110.00 — $177.00
Analyst Rating
Buy
Forward P/E9.4x
Trailing P/E14.8x
Forward PEG—
Implied Growth+39.7%
Median Target$136.00
Analyst Spread48.6%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$110
-18.3%
Consensus
$138
+2.4%
Bull Case
$177
+31.4%
EOG Price Target Analysis
Updated May 7, 2026As of May 7, 2026, EOG Resources, Inc. (EOG) has a Wall Street consensus price target of $137.93, based on estimates from 66 covering analysts. With the stock currently trading at $134.69, this represents a potential upside of +2.4%. The company has a market capitalization of $72.16B.
Analyst price targets range from a low of $110.00 to a high of $177.00, representing a 49% spread in expectations. The median target of $136.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 39 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 14.8x and forward P/E of 9.4x. Analysts expect EPS to grow +39.7% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Energy stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+4.2%
Avg Forward P/E10.2x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 DVNDevon Energy Corporation | $29.0B | $46.60 | $53.78 | +15.4% | Buy | 8.9x | 64 |
 FANGDiamondback Energy, Inc. | $54.9B | $195.10 | $201.27 | +3.2% | Buy | 10.9x | 51 |
 APAAPA Corporation | $13.5B | $38.30 | $32.46 | -15.2% | Hold | 7.0x | 51 |
 CTRACoterra Energy Inc. | $24.7B | $32.55 | $34.00 | +4.5% | Buy | 11.5x | 55 |
 COPConocoPhillips | $144.9B | $118.90 | $127.07 | +6.9% | Buy | 13.8x | 52 |
 OXYOccidental Petroleum Corporation | $54.6B | $55.03 | $56.64 | +2.9% | Buy | 13.3x | 52 |
 SMSM Energy Company | $3.3B | $28.55 | $29.00 | +1.6% | Buy | 4.3x | 54 |
 MTDRMatador Resources Company | $7.2B | $57.76 | $68.29 | +18.2% | Buy | 8.0x | 42 |
 CIVICivitas Resources, Inc. | $2.3B | $27.38 | $31.00 | +13.2% | Hold | 6.8x | 16 |
 HALHalliburton Company | $33.7B | $40.40 | $37.08 | -8.2% | Buy | 17.4x | 64 |
Upside Potential Comparison
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Start ComparisonEOG — Frequently Asked Questions
Quick answers to the most common questions about buying EOG stock.
What is the EOG stock price target for 2026?
The consensus price target for EOG is $137.93, close to the current price of $134.69 (2.4% implied move). Based on 66 analyst estimates, the stock appears fairly valued near current levels.
Is EOG a buy, sell, or hold?
EOG has a consensus rating of "Buy" based on 66 Wall Street analysts. The rating breakdown is predominantly bullish, with 39 Buy/Strong Buy ratings. The consensus 12-month price target of $137.93 implies 2.4% upside from current levels.
Is EOG stock overvalued or undervalued?
With a forward P/E of 9.3825x, EOG trades at a relatively low valuation. The consensus target of $137.93 implies 2.4% appreciation, suggesting the market may be pricing in risks.
How high can EOG stock go?
The most bullish Wall Street analyst has a price target of $177 for EOG, while the most conservative target is $110. The consensus of $137.93 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover EOG stock?
EOG is heavily covered by Wall Street, with 66 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 38 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.
What is the EOG stock forecast?
The 12-month EOG stock forecast based on 66 Wall Street analysts shows a consensus price target of $137.93, with estimates ranging from $110 (bear case) to $177 (bull case). The median consensus rating is "Buy".
What is EOG's forward P/E ratio?
EOG trades at a forward P/E ratio of 9.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 14.8x. 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.
Should I buy EOG stock?
EOG appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $137.93 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.
Why do EOG price targets vary so much?
EOG analyst price targets range from $110 to $177, a 49% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $137.93 consensus represents the middle ground.