BofA raises target for Ecopetrol stock to USD 13.00

Published on 10/15/2026 at 18:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached COP 40.20 trillion in the second quarter of 2026. EC stock costs EUR 15.93 on October 15, 2026; NYSE shares were down 0.14 percent.

Analyst target and revenue

Bank of America raised its Ecopetrol target to USD 13.00 from USD 11.00 on October 14, 2026.
Ecopetrol reported COP 40.20 trillion in second-quarter revenue dated June 30, 2026.
EC stock costs EUR 15.93 at Lang & Schwarz on October 15, 2026 at 6:42 p.m. CEST, while NYSE shares were down 0.14 percent.
The next earnings date is November 3, 2026.

EC, US2791581091, Illustration mit AI erstellt.

Ecopetrol stock (ISIN US2791581091) has a new Bank of America valuation marker: the firm raised its price target to USD 13.00 from USD 11.00 on October 14, 2026, while keeping an Underperform rating, according to Markets Insider. The target remains 27.29 percent below the NYSE quote of USD 17.88 from October 15, 2026.

At Lang & Schwarz, the stock was trading at EUR 15.93 on October 15, 2026 at 6:42 p.m. CEST. The quote was in the after-hours phase for the German market. On the NYSE, Ecopetrol was last priced at USD 17.88 at 12:53 p.m. EDT, down 0.14 percent on October 15, 2026.

Revenue reached COP 40.20 trillion

Ecopetrol generated COP 40.20 trillion in revenue in the second quarter of 2026, while consolidated net income reached COP 7.09 trillion for the period ended June 30, 2026. Operating cash flow stood at COP 6.96 trillion for the same quarter. Revenue therefore exceeded net income by COP 33.11 trillion, a comparison that underlines the scale of the group's operating base.

The company operates across exploration and production, transportation and logistics, and refining and petrochemicals. Its investor-relations page listed an offshore campaign with Petrobras on October 5, 2026, linking the company to further Caribbean energy development.

Price position on October 15

The NYSE quote was within a USD 8.57 to USD 18.38 52-week range on October 15, 2026. At USD 17.88, the stock stood USD 0.50 below its 52-week high. Trading volume reached 602,732 shares against an average volume of 1,747,840 shares.

Valuation and scheduled dates

Ecopetrol had a market capitalization of USD 36.7 billion, a P/E ratio of 9.33 and a dividend yield of 4.00 percent on October 15, 2026. The next earnings date is November 3, 2026, according to the dated earnings calendar listing.

Comparison with peers

EC (NYSE, USD): down 0.14 percent, P/E 9.33, market capitalization USD 36.7 billion.

Exxon Mobil (NYSE, USD): down 1.31 percent, P/E 22.49, market capitalization USD 718.4 billion.

Petrobras (NYSE, USD): down 1.06 percent, P/E 6.23, market capitalization USD 165.4 billion.

Target change sets the tone

Bank of America's move provides the clearest near-term valuation signal, but the target remains below the latest NYSE price. The contrast between the target and the second-quarter revenue base gives investors two distinct reference points for assessing Ecopetrol.

The further course of trading is shown by the continuously updated real-time quote of Ecopetrol stock.