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Imperial Oil Limited (IMO) Price Target Analysis

Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026

Current Price
$117.30
Market reference
Price Target
$44.99
-61.6% Upside
Target Range
$42.97 — $47.00
High conviction
Analyst Rating
Hold
20 analysts
Forward P/E24.1x
Trailing P/E17.8x
Forward PEG0.96
Implied Growth-38.5%
Median Target$44.99
Analyst Spread9.0%

IMO trades 61.6% above the consensus target of $44.99. Current price reflects optimism beyond analyst expectations.

Price Forecast (1 Year)

Last 12 months price action with 12-month analyst target path

Current$117.30
Consensus$44.99
High$47.00
Low$42.97
Model$188.81
Bear Case
$43
-63.4%
Consensus
$45
-61.6%
Bull Case
$47
-59.9%
Valuation Model TargetsConfidence: 49/100
Bear$-102
Base$189
Bull$456

Analyst Ratings Distribution

Breakdown of 20 published analyst recommendations for IMO

50% hold / mixed conviction
-5
BearishBullish
Weighted analyst sentiment score based on 20 ratings
ConsensusHold
Coverage20 Analysts
Net Score-5
Bull / Bear20% / 30%
Strong Buy00%
Buy420%
Hold1050%
Sell630%
Strong Sell00%
Strong Buy
00%
Buy
420%
Hold
1050%
Sell
630%
Strong Sell
00%
Recommendation Mix20% Buy · 50% Hold · 30% Sell
Buy (4)Hold (10)Sell (6)

IMO Price Target Analysis

Updated March 2, 2026

As of March 2, 2026, Imperial Oil Limited (IMO) has a Wall Street consensus price target of $44.99, based on estimates from 20 covering analysts. With the stock currently trading at $117.30, this represents a potential downside of -61.6%. The company has a market capitalization of $58.30B.

Analyst price targets range from a low of $42.97 to a high of $47.00, representing a 9% spread in expectations. The median target of $44.99 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.

The current analyst consensus rating is Hold, with 4 analysts rating the stock as a Buy or Strong Buy,10 rating it Hold, and 6 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.

From a valuation perspective, IMO trades at a trailing P/E of 17.8x and forward P/E of 24.1x. The forward PEG ratio of 0.96 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow -38.5% over the next year.

Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $188.81, with bear and bull scenarios of $-102.21 and $455.79 respectively. Model confidence stands at 49/100, suggesting limited visibility into future performance.

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 Analysis
Avg Peer Upside-9.3%
Avg Forward P/E18.0x
Peers with Coverage3 / 3
CompanyMarket CapPriceTargetUpsideRatingFwd P/EAnalysts
IMOImperial Oil Limited
$58.3B$117.30$44.99-61.6%Hold24.1x20
SUSuncor Energy Inc.$67.3B$56.52$62.00+9.7%Buy14.8x31
CVECenovus Energy Inc.$42.1B$22.31$27.67+24.0%Hold15.0x27

Upside Potential Comparison

CVE
+24.0%
SU
+9.7%
IMO
-61.6%

See IMO's True Return

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Is IMO Undervalued?

See our Bear / Base / Bull DCF models and intrinsic value estimates.

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Compare IMO vs CRC

See how IMO stacks up against sector leader California Resources Corporation.

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Frequently Asked Questions

What is the IMO stock price target for 2026?

IMO's consensus price target is $44.99, -61.6% below the current price of $117.3. The 20 analysts tracking IMO see downside risk at present valuations.

Is IMO a buy, sell, or hold?

IMO has a consensus rating of "Hold" based on 20 Wall Street analysts. The rating breakdown is leaning bearish, with 6 Sell/Strong Sell ratings. The consensus 12-month price target of $44.99 implies -61.6% downside from current levels.

Is IMO stock overvalued or undervalued?

IMO trades at a forward P/E of 24.0976x, representing a moderate valuation. With analysts targeting $44.99 (-61.6% implied move), the stock appears close to fair value.

How high can IMO stock go?

The most bullish Wall Street analyst has a price target of $47 for IMO, while the most conservative target is $42.9704. The consensus of $44.99 represents the median expectation. Our quantitative valuation model projects a bull case target of $456 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

How many analysts cover IMO stock?

IMO is well covered by analysts, with 20 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 4 have Buy ratings, 10 recommend Hold, and 6 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

What is the IMO stock forecast?

The 12-month IMO stock forecast based on 20 Wall Street analysts shows a consensus price target of $44.99, with estimates ranging from $42.9704 (bear case) to $47 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $189, with bear/bull scenarios of $-102/$456.

What is IMO's fair value based on fundamentals?

Our quantitative valuation model calculates IMO's fair value at $189 (base case), with a bear case of $-102 and bull case of $456. 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 49/100.

What is IMO's forward P/E ratio?

IMO trades at a forward P/E ratio of 24.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 17.8x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Should I buy IMO stock?

Analysts are cautious on IMO, with 6 Sell ratings and a price target of $44.99 (-61.6% from current price). The "Hold" consensus suggests careful evaluation before buying. 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 IMO price targets vary so much?

IMO analyst price targets range from $42.9704 to $47, a 9% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $44.99 consensus represents the middle ground. Our model's $-102-$456 range provides an independent fundamental perspective.

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