Goldman Sachs raises target for ConocoPhillips stock to USD 157.00
Published on 10/26/2026 at 17:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings date
- Goldman Sachs raised its ConocoPhillips target on October 20, 2026.
- Second-quarter revenue reached USD 19.40 billion, up 36.00 percent year over year.
- ConocoPhillips stock costs EUR 135.16 at Lang & Schwarz on October 26, 2026 at 4:48 p.m. CET.
- Third-quarter results are scheduled for November 5, 2026.
Goldman Sachs raised its ConocoPhillips price target from USD 146.00 to USD 157.00 on October 20, 2026, while maintaining a Buy rating, according to Investing.com. The target is 3.97 percent above the USD 151.00 NYSE price cited for October 26, 2026. ConocoPhillips was trading at EUR 135.16 at Lang & Schwarz on October 26, 2026 at 4:48 p.m. CET.
Second-quarter earnings improved
ConocoPhillips reported second-quarter 2026 revenue of USD 19.40 billion, up 36.00 percent from the same quarter a year earlier. Net income reached USD 3.92 billion, up 100.00 percent year over year, while earnings per share rose to USD 3.23 from USD 1.56, according to Simply Wall St.
Stock remains near yearly high
The NYSE price of USD 151.00 on October 26, 2026 stood below the 52-week high of USD 152.77 and above the 52-week low of USD 85.57. The market capitalization was USD 181.4 billion, the price-to-earnings ratio was 19.99, and trading volume reached 1,281,807 shares as of October 26, 2026. The share price therefore sits 1.16 percent below its yearly high.
November results set the next date
ConocoPhillips is scheduled to report third-quarter 2026 results on November 5, 2026, according to the company's investor information page at ConocoPhillips. The company also operates across oil, natural gas, liquefied natural gas and natural gas liquids, with activities in 15 countries.
Comparison with peers
ConocoPhillips: USD 151.00, price-to-earnings ratio 19.99, market capitalization USD 181.4 billion. Exxon Mobil (NYSE, USD): up 0.25 percent on October 26, 2026, price-to-earnings ratio 23.66, market capitalization USD 755.2 billion. Chevron (NYSE, USD): down 0.37 percent on October 26, 2026, price-to-earnings ratio 22.28, market capitalization USD 459.1 billion.
Target revision meets upcoming results
The combination of a higher Goldman Sachs target and a results date within two weeks gives investors two concrete reference points. The second-quarter figures also show the scale of the comparison: revenue rose 36.00 percent and net income doubled from the prior-year period.
ConocoPhillips price and next report
The stock's USD 151.00 NYSE price was 1.16 percent below its 52-week high on October 26, 2026, while the Lang & Schwarz quote was EUR 135.16 at 4:48 p.m. CET. The further course of trading is shown by the continuously updated real-time quote of ConocoPhillips stock.
ConocoPhillips market data
- Company: ConocoPhillips
- ISIN: US20825C1045
- Ticker: COP
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 26, 2026, 4:48 p.m. CET): EUR 135.16
- Market capitalization: USD 181.4 billion (as of October 26, 2026)
- 52-week range: USD 85.57-152.77 (as of October 26, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
Market context: Market report S&P 500.
