BP stock: On Xetra, BP stock gains 2.16 percent versus the close

Published on 10/21/2026 at 15:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TD Cowen lifted its target to USD 49 on October 20, 2026. BP stock costs EUR 7.37 on October 21, 2026, up 2.16 percent versus the Xetra close.

TD Cowen target update

TD Cowen raised its BP target to USD 49 from USD 47 on October 20, 2026.
BP reported USD 5.70 billion in underlying replacement-cost profit for the second quarter of 2026.
BP stock costs EUR 7.37 on Xetra on October 21, 2026, up 2.16 percent versus the EUR 7.21 Xetra close.
BP is scheduled to report earnings on October 30, 2026, before the market opens.

BP, GB0007980591, Illustration mit AI erstellt.

BP stock (ISIN GB0007980591) was quoted at EUR 7.37 on Xetra on October 21, 2026 at 10:38 a.m. CEST, up 2.16 percent versus the Xetra close of October 20, 2026 at EUR 7.21. Investing.com reported on October 20, 2026 that TD Cowen raised its target for BP from USD 47 to USD 49 while maintaining a Hold rating.

TD Cowen lifts its target

The analyst change gives BP a fresh valuation marker ahead of its next earnings report. The new USD 49 target is 1.22 percent below the USD 49.39 BP American depositary share price cited in the same October 20 report, so the target itself implies a cautious near-term stance.

TD Cowen also raised its earnings per share estimate by USD 0.46 to USD 2.94 for the period covered by its note. The firm linked its revision to stronger commodity prices and refining margins, while leaving its longer-term estimates unchanged.

BP stock stays near its yearly high

The Xetra quote of EUR 7.37 stood EUR 0.16 above the October 20 close of EUR 7.21. That move meets the 2.00 percent threshold for a notable daily price event, although the quote remained below the 52-week high of USD 50.27 reported for BP's New York listing on October 20.

BP's US-listed share price was USD 49.39 at the October 20 close, down 0.10 percent from USD 49.44. The same quote showed a market capitalization of USD 129.5 billion and a price-to-earnings ratio of 24.02.

Results date and latest profit

BP is scheduled to report its third-quarter 2026 results on October 30, 2026, before the US market opens, according to Gekko. The company's investor page lists a separate investor question-and-answer session for November 4.

For the second quarter of 2026, BP reported underlying replacement-cost profit of USD 5.70 billion, up USD 2.50 billion from the first quarter. Operating cash flow reached USD 10.90 billion, while revenue was USD 69.11 billion against a USD 62.24 billion estimate, according to Gekko.

What the next report may clarify

The October 30 release will show whether the second-quarter improvement carried into the third quarter. The key figures are operating cash flow, replacement-cost profit and progress on financial obligations, because each connects the earnings result with BP's balance-sheet priorities.

BP stock price and dates

BP's current Xetra quote was EUR 7.37 on October 21, 2026 at 10:38 a.m. CEST, up 2.16 percent versus the EUR 7.21 Xetra close of October 20, 2026. The next scheduled earnings date is October 30, 2026, followed by the investor question-and-answer session on November 4.

The further course of trading is shown by the current market quote of BP stock.