What is Erste Group Bank’s Forecast for BP FY2026 Earnings?

Posted by Geri Gentry on Jun 12th, 2026

BP p.l.c. (NYSE:BP – Free Report) – Erste Group Bank lifted their FY2026 earnings estimates for BP in a research report issued to clients and investors on Friday, June 5th. Erste Group Bank analyst H. Engel now expects that the oil and gas exploration company will earn $5.28 per share for the year, up from their previous forecast of $5.16. The consensus estimate for BP’s current full-year earnings is $5.35 per share.

Other equities research analysts have also issued research reports about the stock. UBS Group upgraded shares of BP from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 15th. Weiss Ratings upgraded shares of BP from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, March 24th. Zacks Research lowered shares of BP from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. BNP Paribas Exane set a $57.00 price target on shares of BP and gave the company an “outperform” rating in a research note on Friday, April 17th. Finally, Wells Fargo & Company increased their price objective on shares of BP from $39.00 to $54.00 and gave the company an “equal weight” rating in a report on Thursday, April 9th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $46.14.

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BP Price Performance

BP opened at $42.66 on Friday. The company’s 50-day moving average price is $44.96 and its 200 day moving average price is $40.37. BP has a fifty-two week low of $29.58 and a fifty-two week high of $48.27. The firm has a market cap of $111.72 billion, a price-to-earnings ratio of 35.55, a price-to-earnings-growth ratio of 0.52 and a beta of 0.14. The company has a quick ratio of 0.87, a current ratio of 1.22 and a debt-to-equity ratio of 0.68.

BP (NYSE:BP – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The oil and gas exploration company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.24. The firm had revenue of $52.26 billion for the quarter, compared to analyst estimates of $48.50 billion. BP had a net margin of 1.62% and a return on equity of 12.06%. BP’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.53 earnings per share.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Parallel Advisors LLC boosted its holdings in shares of BP by 8.6% in the first quarter. Parallel Advisors LLC now owns 29,724 shares of the oil and gas exploration company’s stock valued at $1,397,000 after acquiring an additional 2,359 shares in the last quarter. Glenmede Trust Co. NA boosted its holdings in BP by 140.1% during the first quarter. Glenmede Trust Co. NA now owns 85,516 shares of the oil and gas exploration company’s stock worth $4,019,000 after buying an additional 49,902 shares in the last quarter. Strategic Investment Advisors MI bought a new stake in BP during the first quarter worth approximately $251,000. Arkadios Wealth Advisors boosted its holdings in BP by 15.2% during the first quarter. Arkadios Wealth Advisors now owns 69,950 shares of the oil and gas exploration company’s stock worth $3,288,000 after buying an additional 9,239 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in BP by 4.8% during the first quarter. EverSource Wealth Advisors LLC now owns 14,861 shares of the oil and gas exploration company’s stock worth $698,000 after buying an additional 684 shares in the last quarter. 11.01% of the stock is currently owned by institutional investors.

BP Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, May 15th will be issued a $0.4992 dividend. The ex-dividend date is Friday, May 15th. This represents a $2.00 annualized dividend and a dividend yield of 4.7%. BP’s dividend payout ratio (DPR) is 165.00%.

BP News Roundup

Here are the key news stories impacting BP this week:

Positive Sentiment: RBC Capital Markets said BP could have more than 30% upside, citing an improving balance sheet and a supportive commodity environment that is starting to outweigh boardroom noise. BP shares tipped for upside supported by highly supportive trading environment
Positive Sentiment: Higher oil prices are helping BP’s upstream business, with WTI above $85 and Middle East tensions supporting crude markets; the company also highlighted 14 discoveries since early 2025. How Elevated Oil Prices are Boosting BP’s Energy Business
Positive Sentiment: BP’s management overhaul is being framed as a value-creation move, with the company simplifying into two main segments to sharpen accountability and improve performance. BP announces two-segment overhaul to simplify operations
Positive Sentiment: Analysts and coverage pieces have highlighted BP’s new organizational structure as a potential catalyst for higher shareholder value, with new business heads named after the revamp. BP Names Heads for Two Main Businesses After Revamp
Neutral Sentiment: BP won a new three-well drilling contract on the UK Continental Shelf for Noble, a routine operating update that signals continued activity but is unlikely to move the stock much on its own. Noble Secures New Drilling Contract on the UK Continental Shelf
Neutral Sentiment: BP also backed Coastal Africa Group’s AIM listing with £27 million, an investment that supports its resource strategy but is not a major near-term earnings driver. Coastal Africa joins AIM with BP topping up £27m coffers
Negative Sentiment: Pomerantz LLP opened an investor investigation into BP, which adds legal overhang and could increase uncertainty for shareholders. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of BP p.l.c. – BP
Negative Sentiment: Recent leadership exits and questions about board oversight are pressuring sentiment, even as BP argues the restructuring is aimed at simplifying the business. What next for BP? Leadership exits test investor confidence in board oversight

BP Company Profile

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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.