Barclays reinstated coverage for Williams Cos stock at USD 82.00 target
Published on 10/09/2026 at 16:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Barclays reinstated coverage with an Overweight rating and a USD 82.00 price target on October 1, 2026.
- Williams Cos reported USD 3.05 billion in second-quarter revenue, up 9.80 percent year over year.
- The stock was EUR 65.05 at Lang & Schwarz on October 9, 2026, plus 0.81 percent versus EUR 64.53.
Williams Cos (ISIN US9694571004) was trading at EUR 65.05 at Lang & Schwarz on October 9, 2026 at 4:10 p.m. CEST, while the latest analyst catalyst dates to October 1, 2026. Barclays reinstated coverage with an Overweight rating and a USD 82.00 price target, according to Investing.com. The target places the analyst view above the current US quotation, while the euro quote was up 0.81 percent against its Lang & Schwarz prior close.
Three results set the path
On February 10, 2026, Williams reported fiscal year 2025 adjusted EBITDA of USD 7.75 billion, up 9.00 percent, according to Ticker Scout.
On May 4, 2026, first-quarter adjusted EBITDA reached USD 2.254 billion, up 13.00 percent year over year, the same filing summary shows. On August 3, 2026, second-quarter GAAP net income was USD 827.0 million, compared with USD 546.0 million in the second quarter of 2025, while adjusted EBITDA rose 6.00 percent to USD 1.921 billion.
What does the guidance mean?
The August 3 update lifted full-year 2026 adjusted EBITDA guidance to USD 8.3 billion to USD 8.5 billion, a USD 200.0 million midpoint increase. The range reflects the Momentum Midstream acquisition, and the company also reported USD 1.376 billion of operating cash flow for the second quarter of 2026, according to Ticker Scout.
For investors, the key tension is measurable: Barclays highlighted potential growth from behind-the-meter power projects, while Williams remains anchored by its natural-gas transmission network. The company operates in the energy infrastructure sector, with its Transco system serving major US demand centers.
Results date is November 2
Williams is expected to report third-quarter 2026 results on November 2, 2026, after the market closes, followed by a conference call on November 3, 2026 at 9:30 a.m. ET, according to MarketBeat. Consensus estimates cited there call for USD 0.54 of earnings per share and USD 2.99 billion of revenue in the third quarter of 2026.
Stock remains below its yearly high
Williams Cos was trading at EUR 65.05 at Lang & Schwarz on October 9, 2026 at 4:10 p.m. CEST, up 0.81 percent versus the prior close of EUR 64.53. The US quotation was USD 73.10 at 10:20 a.m. ET on the same date, with a 52-week range of USD 56.19 to USD 80.08 and market capitalization of USD 89.4 billion.
The further course of trading is shown by the continuously updated real-time quote of Williams Cos stock.
Williams Cos key data
- Company: The Williams Companies, Inc.
- ISIN: US9694571004
- Ticker: WMB
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 9, 2026, 4:10 p.m. CEST: EUR 65.05
- Change versus prior close: plus 0.81 percent
- Prior close Lang & Schwarz (October 8, 2026): EUR 64.53
- Market capitalization: USD 89.4 billion as of October 9, 2026
- 52-week range: USD 56.19-80.08 as of October 9, 2026
- Sector / Industry: Energy / Oil and Gas Midstream
- Next earnings date: November 2, 2026
Market context: Market report S&P 500.

