FY2026 Earnings Estimate for BP Issued By Erste Group Bank

BP p.l.c. (NYSE:BP) – Stock analysts at Erste Group Bank boosted their FY2026 EPS estimates for shares of BP in a report released on Thursday, April 2nd. Erste Group Bank analyst H. Engel now anticipates that the oil and gas exploration company will post earnings of $3.18 per share for the year, up from their previous estimate of $2.82. The consensus estimate for BP’s current full-year earnings is $3.53 per share.

BP (NYSE:BP) last issued its earnings results on Monday, February 9th. The oil and gas exploration company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.03. BP had a net margin of 0.03% and a return on equity of 9.68%. The business had revenue of $47.38 billion for the quarter, compared to analyst estimates of $42.19 billion. During the same period in the previous year, the business earned $0.44 EPS. The firm’s revenue was up 3.6% on a year-over-year basis.

Other research analysts have also recently issued reports about the company. Wall Street Zen raised BP from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Barclays reiterated an “overweight” rating on shares of BP in a research report on Friday, December 12th. TD Cowen reduced their target price on shares of BP from $37.00 to $35.00 and set a “hold” rating on the stock in a research report on Friday, February 13th. Zacks Research upgraded shares of BP from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 30th. Finally, BNP Paribas Exane cut shares of BP from an “outperform” rating to a “hold” rating and set a $38.50 target price for the company. in a research report on Thursday, February 12th. Four research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $41.43.

BP Stock Performance

BP stock opened at $45.72 on Thursday. The firm has a market capitalization of $119.88 billion, a P/E ratio of -4,567.23, a P/E/G ratio of 0.74 and a beta of 0.21. The stock has a fifty day moving average price of $41.53 and a two-hundred day moving average price of $37.39. BP has a 52-week low of $25.79 and a 52-week high of $48.27. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.26 and a quick ratio of 0.98.

Institutional Trading of BP

A number of large investors have recently added to or reduced their stakes in BP. Rhumbline Advisers lifted its stake in BP by 4.2% in the second quarter. Rhumbline Advisers now owns 39,146 shares of the oil and gas exploration company’s stock valued at $1,172,000 after acquiring an additional 1,588 shares during the last quarter. Gamco Investors INC. ET AL lifted its stake in shares of BP by 7.4% during the 2nd quarter. Gamco Investors INC. ET AL now owns 8,295 shares of the oil and gas exploration company’s stock worth $248,000 after buying an additional 568 shares during the last quarter. IHT Wealth Management LLC lifted its stake in shares of BP by 3.3% during the 2nd quarter. IHT Wealth Management LLC now owns 12,513 shares of the oil and gas exploration company’s stock worth $375,000 after buying an additional 398 shares during the last quarter. WFA of San Diego LLC acquired a new stake in shares of BP during the 2nd quarter worth about $46,000. Finally, Rexford Capital Inc. acquired a new stake in shares of BP during the 2nd quarter worth about $209,000. Institutional investors and hedge funds own 11.01% of the company’s stock.

BP Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, February 20th were given a $0.4992 dividend. The ex-dividend date of this dividend was Friday, February 20th. This represents a $2.00 dividend on an annualized basis and a yield of 4.4%. BP’s dividend payout ratio (DPR) is -19,800.00%.

Trending Headlines about BP

Here are the key news stories impacting BP this week:

• Positive Sentiment: Wells Fargo raised its price target to $54 (from $39) and kept an “equal weight” rating — signaling meaningful upside versus current levels and giving investors a fresh valuation-based reason to buy. Wells Fargo price target raise
• Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS forecasts (now $3.18 for FY26 and $3.42 for FY27), implying stronger forward earnings that support the stock’s longer-term case. Erste Group raises EPS estimates
• Positive Sentiment: Zacks added BP to its Rank #1 (Strong Buy) and listed it among “best value” picks — a short-term catalyst for retail/quant flows. Zacks Rank #1 listing
• Positive Sentiment: BP announced a new offshore gas discovery in Egypt’s Eastern Mediterranean — a tangible near-term resource positive that can underpin upstream value. BP gas discovery in Egypt
• Neutral Sentiment: News roundups and “stock movers” coverage mention BP among movers today but add little new fundamental information — useful for trade flow context rather than a directional catalyst. Bloomberg Stock Movers
• Negative Sentiment: Multiple reports highlight a growing investor revolt over BP’s shift back toward oil & gas and criticism of the board; the BP chairman is said to be fighting for survival — a governance risk that can pressure the share price and increase short-term volatility. BP chairman fight for survival
• Negative Sentiment: Investor groups (including UK pension fund representatives and LAPFF) are joining advisers recommending dissenting votes and pressing BP for proof the fossil-fuel pivot will boost shareholder returns — heightening governance scrutiny ahead of the shareholder meeting. WSJ: investors demand proof
• Negative Sentiment: Oil prices slumped after reports of a two-week Iran ceasefire and potential Strait of Hormuz traffic normalization, weighing on BP and peers and contributing to recent intraday weakness. Pressure on BP board / oil slump coverage

About BP

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.