Brokers Offer Predictions for BP’s FY2026 Earnings (NYSE:BP)

BP p.l.c. (NYSE:BP) – Investment analysts at Erste Group Bank boosted their FY2026 EPS estimates for BP in a report issued on Wednesday, August 5th. Erste Group Bank analyst H. Engel now expects that the oil and gas exploration company will earn $5.70 per share for the year, up from their prior forecast of $5.58. The consensus estimate for BP’s current full-year earnings is $6.03 per share.

Several other equities research analysts have also recently weighed in on BP. Wall Street Zen upgraded BP from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 18th. Scotiabank lifted their price target on BP from $41.00 to $58.00 and gave the company a “sector outperform” rating in a research note on Wednesday, April 22nd. Piper Sandler upped their price objective on BP from $42.00 to $43.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Argus raised BP from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a research note on Monday, May 11th. Finally, Freedom Capital upgraded BP from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 6th. Twelve analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $46.36.

BP Stock Performance

NYSE BP opened at $43.23 on Monday. The firm’s 50 day simple moving average is $41.07 and its 200 day simple moving average is $42.04. The firm has a market capitalization of $113.22 billion, a price-to-earnings ratio of 21.09, a P/E/G ratio of 0.59 and a beta of 0.16. The company has a current ratio of 1.27, a quick ratio of 0.95 and a debt-to-equity ratio of 0.69. BP has a 1 year low of $32.72 and a 1 year high of $48.27.

BP (NYSE:BP) last issued its earnings results on Monday, August 3rd. The oil and gas exploration company reported $2.22 EPS for the quarter, beating the consensus estimate of $1.87 by $0.35. BP had a net margin of 2.49% and a return on equity of 16.63%. The company had revenue of $69.11 billion during the quarter, compared to analysts’ expectations of $57.89 billion. During the same period in the previous year, the company earned $0.90 EPS. The business’s revenue for the quarter was up 106.1% compared to the same quarter last year.

Institutional Investors Weigh In On BP

Hedge funds have recently modified their holdings of the company. Financial Life Planners acquired a new position in BP in the 1st quarter worth about $39,000. Triumph Capital Management bought a new stake in shares of BP during the third quarter worth about $43,000. LRI Investments LLC increased its stake in shares of BP by 76.2% in the fourth quarter. LRI Investments LLC now owns 1,276 shares of the oil and gas exploration company’s stock valued at $44,000 after buying an additional 552 shares during the period. WFA of San Diego LLC bought a new position in BP in the 2nd quarter valued at approximately $46,000. Finally, Ameriflex Group Inc. boosted its position in BP by 39.1% during the 4th quarter. Ameriflex Group Inc. now owns 1,808 shares of the oil and gas exploration company’s stock worth $63,000 after buying an additional 508 shares during the period. Institutional investors and hedge funds own 11.01% of the company’s stock.

BP Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, August 14th will be issued a dividend of $0.5196 per share. This represents a $2.08 annualized dividend and a dividend yield of 4.8%. This is a boost from BP’s previous quarterly dividend of $0.50. The ex-dividend date is Friday, August 14th. BP’s dividend payout ratio (DPR) is currently 96.59%.

Trending Headlines about BP

Here are the key news stories impacting BP this week:

• Positive Sentiment: Rising oil and natural gas prices have lifted UK energy stocks, with BP trading well above its July low. Stronger commodity prices could improve upstream cash flow and earnings. BP and Shell shares lead the FTSE 100 Index as crude oil prices jump: what next?
• Positive Sentiment: BP’s restructuring is receiving investor support as management sells assets, reduces debt and focuses the portfolio on higher-return oil and gas operations. Recent coverage also highlighted a sharp year-over-year earnings increase and BP’s relatively low valuation versus Exxon Mobil and Chevron. BP Stock Jumps 2.1% as Oil Rally Strengthens Turnaround
• Positive Sentiment: BP reportedly agreed to sell a 20% stake in Venezuela’s Cocuina-Manakin natural gas field to Trinidad and Tobago’s state-owned National Gas Company. The transaction supports BP’s strategy of simplifying the portfolio and monetizing noncore assets, although financial terms were not disclosed. BP to sell 20% stake in Venezuela’s Cocuina gas field to Trinidad’s NGC
• Neutral Sentiment: Analysts raised a BP price target to $43, indicating improving expectations but limited near-term upside at the cited valuation. Separate forecasts are also being published for BP’s fiscal 2026 earnings. BP Price Target Raised to $43.00
• Negative Sentiment: A labor lockout at BP’s Whiting refinery has lasted nearly five months, creating an operational and labor-relations overhang. A prolonged dispute could disrupt refinery operations, increase costs or delay a resolution. Inside the nearly 5-month labor lockout at BP’s Whiting refinery

BP Company Profile

BP plc is a British multinational integrated energy company headquartered in London. Originating in the early 20th century as the Anglo-Persian Oil Company, BP has grown into one of the world’s largest oil and gas companies, operating across exploration and production, refining and marketing, trading, and a range of low-carbon businesses.

The company’s core activities include upstream exploration and production of crude oil and natural gas, midstream and trading operations, and downstream refining, marketing and supply of fuels, lubricants and petrochemicals.