BP (BP) Stock Analysis & Forecast

Nov 4 close

$45.61−1.98 (−4.2%)

Gekko Brief

AI summaryNov 4 close

This week's news centers on BP's leadership and strategic positioning following its third-quarter earnings. BP appointed Emma Lewis, formerly of Shell, to head its downstream business effective January 4, 2027, a move framed as strengthening refining and fuels operations. Shares fell 4.98% on November 2 after a broad decline in crude oil prices and profit-taking, even though BP had exceeded Wall Street estimates for profits and revenues; coverage noted the company's conservative capital allocation strategy prioritized debt reduction. Separately, analysts raised the average 12-month price target to $56.5 from $56.03, with a consensus "Buy" rating among 17 analysts reflecting 8 Buy, 7 Hold and 2 Sell recommendations.

BP closed at $45.61, down 4.2%, sitting between its 50-day average of $46.16 and 200-day average of $43.18. The GekkoIndex reads 63.1, placing the stock in the Accumulation zone. Gekko Fair Value stands at $82.25, with the current price 44.5% below that level.

The next earnings date falls on 9 February 2027, outside the next 20 trading days. No insider, Congress or unusual options activity appears in their respective windows. Seasonality data shows the next 20 trading days have averaged a 1% return over 5 years, with gains in 2 of those years. The consensus analyst target of $54.38 implies 19.2% upside from current levels, a figure worth noting alongside the broader analyst commentary circulating this week.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

BP price vs fair value

▲$82.25$45.61Nov ’25May ’26Nov ’26
Close $45.61200-day averageGekko Fair Value $82.25

BP quick facts

Market cap
$119.6B
P/E ratio
14.1
Forward P/E
8.8
EPS, TTM
$3.39
Revenue, TTM
$235.1B
Profit margin
3.8%
Dividend yield
4.34%
Beta
-0.25
Volume
12.38M avg 9.21M
1-year return
+30.8%
Typical daily move
±3%
Typical 20-day move
±4.6%
50-day average
$46.16
200-day average
$43.18
Next earnings
Feb 9 before open
Shares outstanding
2.58B
52-week range
$33.22$51.49

BP swing-trade checklist

BP scores 3 supportive, 2 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive2 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $45.61 sits between the 50-day ($46.16) and 200-day ($43.18) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    63.1, Accumulation

    Reading 63.1 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    44.5% below

    Price is 44.5% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 96 days

    Next report Feb 9, 2027, 96 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    +1.0% on average

    From this point in the calendar, the next 20 trading days averaged +1% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

BP stock chart and price history

BP closed at $45.61 on Nov 4, 2026, +30.8% over the past year, inside a 52-week range of $33.22 to $51.49.

Close50-day average200-day averageVolume
BP share price, past year, with 50-day and 200-day moving averages and volume$35$40$50DecJan 2026FebMarAprMayJunJulAugSepOct45.61

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+1.3%
3 months
+8.0%
6 months
+2.2%
1 year
+30.8%
The full BP chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open BP in Gekko

Follow BP through every session

Put BP on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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About BP

BP works across the energy space, providing both traditional carbon-based products and newer, lower-carbon alternatives to a broad range of customers. It is widely associated with fuel retailing and lubricants, including its Castrol brand, alongside its long-standing role in oil and gas extraction.

The company runs its business through three main areas. One handles natural gas and power, covering trading in gas and electricity, wind farm operations, and development work in hydrogen and carbon capture. Another is dedicated to extracting crude oil. The third serves end customers and businesses more directly, spanning convenience retail, fuel stations, electric vehicle charging, aviation supply, business-to-business services, midstream transport and storage, refining, oil trading, and bioenergy.

BP was founded in 1908 and is headquartered in London, United Kingdom. Its shares trade under the ticker BP.

Sector
Energy minerals
Website
bp.com

BP GekkoIndex: the smart money zone

BP’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 63.1, in the Accumulation zone, up 12.7 points over five sessions.

010063.1Accumulation

Up 12.7 points over five sessions, from the Neutral zone.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying37+2.0%+3.6%+5.0%+6.9%
Accumulation (current zone)203+0.1%+0.2%+0.1%+1.8%
Neutral374+0.3%+0.6%+1.3%+2.7%
Distribution35+0.3%−1.0%−0.8%−6.0%
Selling1Too few readings yet

Average BP share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the BP price, zone by zone.Track BP in Gekko

Is BP stock overvalued? Gekko Fair Value

BP trades 44.5% below Gekko Fair Value of $82.25, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what BP shares are worth, recalculated every trading day.

$82.25

Gekko Fair Value, Nov 4, 2026

44.5% Undervalued

At the end of Aug 2026 the price was 7.3% below the estimate.

Gekko Fair ValueShare price, month end
$82$48Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open BP in Gekko

BP insider and Congress trading

No open-market insider purchases were filed for BP, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for BP in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every BP insider filing, plotted on the chart in Gekko.Open BP in Gekko

Congress trades last 90 days

No trades in BP were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for BP, plotted on the chart in Gekko.Open BP in Gekko

Buybacks

BP has been buying back its own shares.

Bought back, quarter ended Sep 30, 2026
$3.85B
As a share of market cap
3.22%
Trailing four quarters
$5.24B

From company filings.

Hedge funds and billionaires quarter ended Jun 30

0of the funds Gekko tracks hold BP.

0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

BP earnings: next date and track record

BP reports on Feb 9, 2027, before the open (96 days away), and beat the EPS estimate in 5 of its last 8 reports.

5 of 8reports beat the EPS estimate
±3.8%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

−6.5%Oct ’24+0.8%Feb ’25−5.7%Apr ’25+4.3%Aug ’25+2.3%Nov ’25−1.7%Feb ’26+1.8%Apr ’26−6.9%Aug ’26

Last earnings call, Aug 4, 2026 AI summary

What they said
BP reported Q2 2026 underlying profit of $5.7 billion, up $2.5 billion from Q1, with operating cash flow of $10.9 billion. Upstream production was 2.2 million BOE/day, down 6% from Q1 due to maintenance and Middle East disruptions. Financial obligations including net debt reduced ~$7 billion versus Q1. BP announced a 4% dividend increase. New CEO Meg O'Neill acknowledged underperformance and outlined 5 strategic priorities including balance sheet strengthening and portfolio simplification.
Guidance
Management targets reducing financial obligations to at least in line with European competitors. Five strategic priorities aim to deliver step-change performance improvement and shareholder value growth by 2027. Portfolio simplification and high-grading are key near-term initiatives.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 4, 2026$2.22
est $1.98
+12.1%$69.11B
est $62.24B
+11.0%−6.9%
Apr 28, 2026$1.24
est $0.93
+33.3%$52.26B
est $48.50B
+7.7%+1.8%
Feb 10, 2026$0.60
est $0.60
0.0%$47.38B
est $42.89B
+10.5%−1.7%
Nov 4, 2025$0.85
est $0.72
+18.1%$48.39B
est $44.44B
+8.9%+2.3%
Aug 5, 2025$0.90
est $0.68
+32.4%$47.18B
est $41.64B
+13.3%+4.3%
Apr 29, 2025$0.53
est $0.56
−5.4%$46.91B
est $42.88B
+9.4%−5.7%
Feb 11, 2025$0.44
est $0.45
−2.2%$45.75B
est $46.95B
−2.6%+0.8%
Oct 29, 2024$0.83
est $0.79
+5.1%$47.25B
est $48.57B
−2.7%−6.5%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

BP stock forecast and analyst price targets

Analysts’ average 12-month price target for BP is $54.38, +19.2% from the last close, from 9 firms rating the stock in the last 90 days.

$54.38consensus 12-month target, +19.2% from the last close
Low $46High $63
Buy4
Hold4
Sell1

Each firm’s latest rating in the last 90 days: 9 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Nov 4Freedom Capital MarketsHold, maintained$51+11.8%
Nov 2Piper SandlerHold, maintained$46+0.9%
Nov 2Goldman SachsBuy, maintained$60+31.6%
Oct 30Wells FargoBuy, maintained$63+38.1%
Oct 20TD CowenHold, reiterated$49+7.4%
+0.1%average 20-day move after past Accumulation readings
+1.0%average move over the next 20 trading days in the last 5 years
±3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

BP seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, BP averaged +1.0% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

−1.5%2021+3.2%2022−2.8%2023−0.9%2024+6.0%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+0.1%2 of 5
Next 10 trading days+0.4%2 of 5
Next 15 trading days−0.6%2 of 5
Next 20 trading days+1.0%2 of 5
Next 30 trading days−2.1%1 of 5

For scale, BP’s typical 20-trading-day move in either direction is about 4.6%.

BP market cap and key statistics

BP’s market cap is $119.6B, with a P/E ratio of 14.1 and revenue of $235.1B over the last twelve months.

Valuation

Market cap
$119.6B
P/E ratio
14.1
Forward P/E
8.8
EPS, TTM
$3.39
Gekko Fair Value
$82.25

Trading

Volume
12.38M
Avg volume, 20 days
9.21M
52-week high
$51.49
52-week low
$33.22
Shares outstanding
2.58B

Financials

Revenue, TTM
$235.1B
Profit margin
3.8%
Return on equity
13.4%
Quarterly earnings growth, YoY
+305.0%

Risk and income

Beta
-0.25
Typical daily move
±3%
Typical 20-day move
±4.6%
Dividend yield
4.34%

BP stock news this week

Coverage of BP this week reads positive: 10 positive, 5 neutral and 1 negative headlines.

News sentiment positive

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Reporting earnings this week

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BP stock FAQ

What is BP’s market cap?

BP’s market cap is $119.6B at the Nov 4, 2026 close of $45.61, with 2.58B shares outstanding. The shares trade on a P/E ratio of 14.1.

What is the BP stock forecast?

The consensus analyst 12-month price target for BP is $54.38, +19.2% from the last close. Of the 9 firms that rated the stock in the last 90 days, 4 rate it a buy, 4 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.

Is BP stock overvalued or undervalued?

On Gekko’s estimate BP is undervalued: the Nov 4, 2026 close of $45.61 is 44.5% below Gekko Fair Value of $82.25. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does BP report earnings next?

BP is expected to report on Feb 9, 2027, before the market opens (96 days away). Analysts expect earnings of $2.03 per share on revenue of $61.85B. BP beat the earnings estimate in 5 of its last 8 reports, moving 3.8% on average across the report.

What is BP’s 52-week high and low?

BP’s 52-week high is $51.49 and its 52-week low is $33.22; it closed at $45.61 on Nov 4, 2026, +30.8% over the past year.

Is BP stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and earnings risk), 2 as mixed (trend and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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