Conoco Phillips (COP) Stock Forecast & Predictions

Conoco Phillips COP: $49.46

925 N Eldridge Pkwy, Houston, Texas, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: http://www.conocophillips.com/

  • Market Cap$67.66B
  • Change (52 Weeks)49.11%
  • Low (52 Weeks)$27.28
  • Conoco Phillips (COP) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Conoco Phillips (COP) stock price is $49.46 and the 52 weeks low is $27.28, which means the Conoco Phillips stock price is up 49.11% in the last 12 months.

    Conoco Phillips (COP) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that COP Stock price might rise further, 18.75% indicating that COP Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall COP stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Conoco Phillips (COP) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Conoco Phillips (COP) is based on 32 Institutional Analyst Ratings where 71.88% are on Strong Buy, 18.75% on Moderate Buy, 9.38% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 32 Institutional Analysts, majority recommended COP stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Conoco Phillips.

    Conoco Phillips (COP) Stock Price Prediction By Analysts


    HighLowAverage
    $84.00$55.55$66.10
    $66.1033.65% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for COP set by the institutional analysts is $66.10 where High Estimate is $84.00, Median $66.3 and Low $55.55.

    The average price target for COP by Institutional Analysts is $66.10, which is 33.65% Upside from the current price. So according to the Institutional Analysts, COP Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Conoco Phillips (COP) Stock Forecast Based on News Sentiment


    Bullish
    Based on 10 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about COP, it shows that Conoco Phillips had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that COP stock price may surge in the next few weeks.

    Conoco Phillips (COP) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    KeybancOverweightMaintained
    B of A SecuritiesNeutralDowngraded
    Morgan StanleyOverweightMaintained
    KeyBancOverweightMaintained
    ScotiaBankSector OutperformUpgraded
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    Morgan StanleyOverweightMaintained
    B of A SecuritiesBuyUpgraded
    KeyBancOverweightMaintained
    B of A SecuritiesNeutralMaintained
    KeyBancOverweightInitiated
    Morgan StanleyOverweightMaintained
    SunTrust Robinson HumphreyBuyInitiated
    Piper SandlerOverweightMaintained
    Raymond JamesOutperformMaintained
    ScotiaBankSector PerformMaintained
    UBSBuyMaintained
    JefferiesBuyReiterated
    Piper SandlerOverweightMaintained
    Argus ResearchBuyMaintained
    MKM PartnersBuyMaintained
    Credit SuisseOutperformMaintained
    B of A SecuritiesNeutralDowngraded
    Wells FargoOverweightMaintained
    Wells FargoOverweightMaintained
    MizuhoNeutralDowngraded
    UBSBuyMaintained
    Wells FargoOverweightMaintained
    RBC CapitalOutperformUpgraded
    Morgan StanleyOverweightMaintained
    JP MorganOverweightMaintained
    Raymond JamesOutperformUpgraded
    CFRABuyDowngraded
    JP MorganOverweightMaintained
    B of A SecuritiesBuyMaintained
    Capital One FinancialOverweightInitiated
    Capital OneOverweightInitiated
    UBSBuyMaintained
    ScotiabankSector PerformDowngraded
    BairdOutperformInitiated
    SusquehannaPositiveInitiated
    Atlantic EquitiesOverweightInitiated
    MKM PartnersBuyInitiated
    JP MorganOverweightMaintained
    Morgan StanleyOverweightMaintained
    UBSBuyUpgraded
    UBSBuyUpgraded
    BarclaysOverweightInitiated
    Bank of AmericaBuyUpgraded
    Morgan StanleyOverweightMaintained
    JP MorganOverweightMaintained
    MizuhoBuyUpgraded
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformUpgraded
    PiperJaffrayOverweightUpgraded
    Morgan StanleyOverweightMaintained
    Goldman SachsBuyUpgraded
    Societe GeneraleBuyMaintained
    Morgan StanleyOverweightMaintained
    Bank of AmericaBuyUpgraded
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    Goldman SachsNeutralDowngraded
    Morgan StanleyOverweightMaintained
    RBC CapitalSector PerformDowngraded
    Bank of AmericaNeutralDowngraded
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    JP MorganOverweightMaintained
    BMO CapitalOutperformMaintained
    RBC CapitalOutperformMaintained
    Morgan StanleyOverweightInitiated
    BarclaysOverweightMaintained
    BMO CapitalOutperformInitiated
    MizuhoNeutralInitiated
    BernsteinOutperformUpgraded
    BarclaysOverweightMaintained
    MacquarieNeutralDowngraded
    JefferiesHoldDowngraded
    Edward JonesHoldDowngraded
    JP MorganOverweightMaintained
    UBSBuyInitiated
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    Goldman SachsBuyUpgraded
    Credit SuisseNeutralInitiated
    Wells FargoOutperformMaintained
    BarclaysOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    BarclaysOverweightMaintained
    Bank of AmericaBuyUpgraded
    CitigroupBuyMaintained
    BernsteinMarket PerformDowngraded
    JefferiesBuyUpgraded
    Bank of AmericaNeutralDowngraded
    UBSBuyUpgraded
    Cowen & Co.OutperformUpgraded
    Goldman SachsBuyUpgraded
    CLSAUnderperformDowngraded
    Edward JonesBuyUpgraded
    PiperJaffrayOverweightUpgraded
    Wolfe ResearchOutperformUpgraded
    JP MorganOverweightUpgraded
    JefferiesHoldUpgraded
    JP MorganNeutralUpgraded
    CitigroupBuyMaintained
    JefferiesUnderperformDowngraded
    Deutsche BankBuyMaintained
    Wolfe ResearchPeer PerformDowngraded
    UBSNeutralMaintained
    BernsteinOutperformMaintained
    Societe GeneraleHoldDowngraded
    NomuraNeutralMaintained
    Deutsche BankBuyMaintained
    JP MorganUnderweightMaintained
    BarclaysOverweightMaintained
    Credit SuisseNeutralMaintained
    BernsteinOutperformInitiated
    OppenheimerPerformDowngraded
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    NomuraNeutralInitiated
    Edward JonesHoldDowngraded
    Goldman SachsNeutralInitiated
    CitigroupBuyMaintained
    JefferiesHoldMaintained
    BarclaysOverweightMaintained
    JP MorganUnderweightInitiated
    CitigroupBuyMaintained
    Credit SuisseNeutralMaintained
    CitigroupBuyMaintained
    JefferiesHoldMaintained
    Morgan StanleyEqual-WeightMaintained
    UBSNeutralUpgraded
    Bank of AmericaNeutralUpgraded
    Simmons & Co.OverweightUpgraded
    Argus ResearchBuyMaintained
    ArgusBuyMaintained
    BarclaysOverweightMaintained
    Deutsche BankBuyMaintained
    BarclaysOverweightMaintained
    JefferiesHoldInitiated
    Scotia Howard WeilSector OutperformUpgraded
    Deutsche BankBuyInitiated
    OppenheimerOutperformMaintained
    GuggenheimBuyUpgraded
    CitigroupBuyMaintained
    Argus ResearchBuyMaintained
    ArgusBuyMaintained
    BarclaysOverweightMaintained
    Bank of AmericaUnderperformMaintained
    Bank of AmericaUnderperformMaintained
    BMO CapitalMarket PerformInitiated
    GuggenheimNeutralDowngraded
    Raymond JamesMarket PerformUpgraded
    GuggenheimBuyInitiated
    ISI GroupStrong BuyUpgraded
    UBSSellMaintained
    Scotia Howard WeilSector PerformDowngraded
    JefferiesHoldMaintained
    BarclaysOverweightUpgraded
    Cowen & Co.HoldInitiated
    CitigroupBuyMaintained
    JP MorganOverweightMaintained
    Credit SuisseNeutralMaintained
    Societe GeneraleBuyUpgraded
    OppenheimerOutperformMaintained
    CitigroupBuyUpgraded
    Deutsche BankHoldMaintained
    Bank ofericaUnderperformDowngraded
    UBSSellMaintained
    Morgan StanleyUnderweightMaintained
    Morgan StanleyUnderweightMaintained
    UBSSellMaintained
    JefferiesHoldMaintained
    UBSSellMaintained
    UBSSellMaintained
    Deutsche BankBuyUpgraded

    Conoco Phillips (COP) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.654
    The average consensus EPS for COP is $0.654 with a high estimate of $1.510 and Low of $0.049 for the period 2021-06-30 and based on 23 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $-0.31$-0.32153352020-09-30


    The latest average Earning Per Share Estimate for Conoco Phillips is $0.65, which is higher than COP's last EPS, $-0.31. This means that Analysts are expecting Conoco Phillips to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Conoco Phillips.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $-0.31$-0.32153352020-09-30
    $-0.92$-0.58171962020-06-30
    $0.45$0.232350500000000022020-03-31
    $0.76$0.81267630000000012019-12-31
    $0.82$0.73332060000000012019-09-30
    $1.01$1.0447442019-06-30
    $1$0.90988879999999992019-03-31
    $1.13$1.01594892018-12-31
    $1.36$1.18945679999999992018-09-30
    $1.09$1.09459760000000022018-06-30
    $0.96$0.73542142018-03-31
    $0.45$0.45452017-12-31
    $0.16$0.084516799999999992017-09-30
    $0.14$-0.015152017-06-30
    $-0.02$0.00976672017-03-31
    $-0.26$-0.423482899999999942016-12-31
    $-0.66$-0.70230350000000012016-09-30
    $-0.79$-0.61847352016-06-30
    $-0.95$-1.05636910000000022016-03-31
    $-0.9$-0.6529652015-12-31
    $-0.38$-0.378265199999999972015-09-30
    $0.07$0.03559242015-06-30
    $-0.18$-0.193273600000000022015-03-31
    $0.6$0.590852014-12-31
    $1.29$1.20913162014-09-30
    $1.61$1.6150912014-06-30
    $1.81$1.57188320000000032014-03-31
    $1.4$1.32220112013-12-31
    $1.47$1.46762092013-09-30
    $1.41$1.30314242013-06-30
    $1.42$1.42851372013-03-31
    $1.43$1.43806829999999992012-12-31
    $1.44$1.20303120000000032012-09-30
    $1.22$1.180692012-06-30
    $2.02$2.10509252012-03-31
    $2.02$1.77995332011-12-31
    $2.52$2.19984062011-09-30
    $2.41$2.21285952011-06-30
    $1.82$1.98191290000000022011-03-31
    $1.32$1.32948322010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).