# BP is trading 3.1% above its 20-day simple moving average (SMA), which suggests buyers are still defending the recent uptrend.

*business · news · 2026-04-13 · Benzinga*

## Key points

- BP's Q1 2026 EPS estimate is 76 cents, up from 53 cents year-over-year.
- BP's revenue estimate for Q1 2026 is $51.58 billion, up from $46.91 billion YoY.
- BP trades at a P/E ratio of 2276.5x, indicating a premium valuation versus peers.
- Recent analyst target upgrades include Wells Fargo to $54.00 and HSBC to $45.30.

**Companies:** BP
**Countries:** Namibia

[Read the full story on Benzinga](https://www.benzinga.com/markets/large-cap/26/04/51774590/bp-strengthens-exploration-pipeline-with-namibia-offshore-play)

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