Murphy Oil Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Murphy Oil stock have an average target of 27.54, with a low estimate of 22 and a high estimate of 34. The average target predicts a decrease of -15.91% from the current stock price of 32.75.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$22	$27.54	$28	$34
Change	-32.82%	-15.91%	-14.50%	+3.82%

Analyst Ratings

The average analyst rating for Murphy Oil stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	0	0	0	0	0	0
Buy	2	2	2	2	2	0
Hold	12	12	12	12	11	13
Sell	2	2	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	16	16	16	16	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mark Lear Piper Sandler	Piper Sandler	Buy → Hold Downgrades $34	Buy → Hold	Downgrades	$34	+3.82%	Nov 18, 2025
Hanwen Chang Wells Fargo	Wells Fargo	Hold Maintains $26 → $28	Hold	Maintains	$26 → $28	-14.50%	Nov 14, 2025
Nitin Kumar Mizuho	Mizuho	Hold Maintains $29 → $30	Hold	Maintains	$29 → $30	-8.40%	Nov 6, 2025
Mark Lear Piper Sandler	Piper Sandler	Buy Maintains $32 → $34	Buy	Maintains	$32 → $34	+3.82%	Oct 21, 2025
Hanwen Chang Wells Fargo	Wells Fargo	Hold Maintains $28 → $26	Hold	Maintains	$28 → $26	-20.61%	Oct 17, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.73B

from 3.02B

-9.43%

from 3.02B

Revenue Next Year

2.74B

from 2.73B

0.37%

from 2.73B

EPS This Year

1.23

from 2.70

-54.33%

from 2.70

EPS Next Year

1.73

from 1.23

40.49%

from 1.23

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.95B	2.80B	4.22B	3.45B	3.02B	2.73B	2.74B
Revenue Growth	-30.63%	43.33%	50.65%	-18.28%	-12.48%	-9.43%	0.37%
EPS	-7.48	-0.48	6.13	4.22	2.70	1.23	1.73
EPS Growth	-	-	-	-31.11%	-36.00%	-54.33%	40.49%
Forward PE	-	-	-	-	-	26.55	18.90
No. Analysts	-	-	-	-	-	19	19

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	2.9B	3.0B
Avg	2.7B	2.7B
Low	2.6B	2.5B

Revenue Growth

Revenue Growth	2025	2026
High	-4.0%	10.0%
Avg	-9.4%	0.4%
Low	-13.8%	-8.5%

EPS Forecast

EPS	2025	2026
High	1.61	3.08
Avg	1.23	1.73
Low	0.83	0.24

EPS Growth

EPS Growth	2025	2026
High	-40.5%	149.4%
Avg	-54.3%	40.5%
Low	-69.2%	-80.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.