Mizuho Raises EOG Resources Price Target to $147

Analysts see modest upside potential for the energy exploration company's stock.

Apr. 1, 2026 at 2:18pm

Got story updates? Submit your updates here. ›

Equity analysts at Mizuho Securities have increased their price target for EOG Resources (NYSE: EOG) from $146 to $147 per share, representing a potential upside of 5.16% from the stock's current trading price. Mizuho maintained its 'neutral' rating on EOG, one of the largest U.S. independent oil and gas producers.

Why it matters

EOG Resources is a major player in the domestic energy exploration and production industry, so changes to its stock price target by Wall Street analysts can signal broader market sentiment around the company's future performance and the outlook for the broader U.S. oil and gas sector.

The details

In its latest research note, Mizuho cited EOG's solid operational execution and financial position as factors supporting the modest increase in its price target. Other analysts have also recently weighed in on EOG, with Morgan Stanley raising its target to $155 and Truist Financial initiating coverage with a 'hold' rating and $146 price objective.

  • Mizuho issued its updated price target on April 1, 2026.

The players

EOG Resources

An independent exploration and production company headquartered in Houston, Texas that focuses on crude oil, natural gas and natural gas liquids.

Mizuho

A Japanese financial services group that provides investment banking, asset management, and other financial services.

Got photos? Submit your photos here. ›

The takeaway

The modest increase in Mizuho's price target for EOG Resources suggests Wall Street sees limited near-term upside for the stock, though the company's operational strengths continue to be recognized by analysts covering the energy sector.