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OIL stock price forecast

How will OIL stock perform in 2026 and 2030?

This page primarily displays the projected price range for OIL stock over the next 12 months, as well as trading recommendations for the next three months. This data is based on the historical performance of OIL, the development trends of Permex Petroleum Corp., and a summary of analysis reports from major international investment banks and Wall Street research institutions, along with price analyses and forecasts from well-known analysts on platforms such as TradingView and Reddit. Together, these sources form a comprehensive market outlook for OIL. The forecast includes potential high, median, and low price scenarios to help users understand possible future price movements across different time horizons.

This page combines Permex Petroleum Corp.'s financial performance and industry trends to provide short-term price predictions for OIL stock over the next one to two years, as well as long-term price predictions extending to 2030.

The data is updated regularly as new market information becomes available. The information on this page is for reference only and does not constitute investment advice.

1-year OIL stock price forecast

Price target:
6.22 CAD
+63.25%
Based on 1-year price forecasts from 44 analysts, the highest estimate is 8.6 CAD, while the lowest estimate is 3.22 CAD.

Analyst rating for OIL

Based on ratings from 33 analysts over the past three months, the overall consensus is Strong buy.

Strong buy
0
Buy
27
Hold
1
Sell
2
Strong sell
3

FAQ

How has OIL's EPS performed recently?

OIL's EPS is projected to reach -- CAD next quarter. Explore more Permex Petroleum Corp. financial data and stay up to date on the company's latest developments on the OIL stock details page.

What is the revenue forecast for OIL next quarter?

Permex Petroleum Corp.'s revenue is projected to reach -- CAD in the next quarter. You can view Permex Petroleum Corp.'s revenue and earnings on the OIL stock details page.

What is the price target for OIL?

Based on analyst estimates, the most likely target price for OIL over the next 12 months is 6.22 CAD, with a projected high of 8.60 CAD and a projected low of 3.22 CAD. To track whether this target is reached within the next year, you can view the OIL stock price chart on the OIL stock details page to check the current OIL stock price, or follow the latest developments related to OIL on the OIL Stock News page.

What is the analyst rating for OIL?

We collected ratings from 33 analysts who have evaluated OIL stock over the past three months. Most analysts maintain a Strong buy outlook, and after aggregating all opinions, the overall consensus rating is Strong buy. Please note that this information does not constitute trading advice. You should still conduct your own research.

What is the projected price of OIL stock in 2030?

Based on price forecasts and analyses of Permex Petroleum Corp. from Wall Street analysts and major investment banks, OIL is projected to trade between 7.62 CAD and 38.10 CAD in 2030.

OIL stock chart

OIL stock details

OIL stock price change

Sa huling araw ng trading, OIL sarado ang stock sa 3.81 CAD, na may pagbabago sa presyo ng 2.97% para sa araw.

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OIL stock price forecast