Galp Energia stock: RBC keeps EUR 25.00 target for Galp Energia stock
Published on 10/21/2026 at 17:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and operating figures
- RBC Capital maintained its Buy rating and EUR 25.00 target on October 12, 2026.
- Galp's third-quarter production rose 14.00 percent to 131,000 barrels of oil equivalent per day.
- Galp Energia stock costs EUR 22.53 at Lang & Schwarz on October 21, 2026 at 5:35 p.m. CEST, 0.27 percent below the Xetra close of EUR 22.59.
- Third-quarter results are scheduled for October 26, 2026, while the P/E ratio was 16.14.
RBC Capital maintained its Buy rating on Galp Energia and set a EUR 25.00 price target on October 12, 2026, according to Markets Insider. The target stands 10.96 percent above Galp Energia's EUR 22.53 price at Lang & Schwarz on October 21, 2026 at 5:35 p.m. CEST, which was 0.27 percent below the Xetra close of October 21, 2026 at EUR 22.59.
Third-quarter operating figures improved
Galp's provisional third-quarter operating update showed working-interest production of 131,000 barrels of oil equivalent per day, up 14.00 percent from the same quarter of 2025 and 3.00 percent from the second quarter of 2026. Oil accounted for 90.00 percent of production. Rádio Renascença reported the figures on October 12, 2026.
The refining margin reached USD 33.80 per barrel of oil equivalent, versus USD 9.50 in the third quarter of 2025 and USD 16.80 in the second quarter of 2026. Natural gas supply and trading volumes rose 26.00 percent year over year to 21.40 terawatt-hours, while renewable capacity reached 2.70 gigawatts, up 64.00 percent year over year.
Stock position and valuation
Galp's 52-week range was EUR 13.96 to EUR 23.18 as of October 21, 2026. The Lang & Schwarz price sat 2.81 percent below that high, while market capitalization was EUR 16.7 billion and trading volume on the Lisbon listing was 346,953 shares.
October 26 results date
Galp is scheduled to publish third-quarter 2026 results before the Euronext Lisbon opening on October 26, 2026, followed by an analyst call at 11:00 a.m. Lisbon time, according to Quartr. The company's P/E ratio was 16.14 and its trailing dividend yield was 3.00 percent on October 21, 2026.
Comparison with peers
Galp Energia: down 0.27 percent, P/E 16.14, market capitalization EUR 16.7 billion.
Repsol (BME, EUR): up 1.55 percent, P/E 9.50, market capitalization EUR 31.7 billion.
Eni (Borsa Italiana, EUR): up 1.64 percent, P/E 15.53, market capitalization EUR 76.9 billion.
Operating data ahead of results
The third-quarter figures place production, refining and renewable capacity alongside the upcoming results date. The market will have a fuller earnings picture after the October 26 publication.
Galp Energia was trading at EUR 22.53 at Lang & Schwarz on October 21, 2026 at 5:35 p.m. CEST, 0.27 percent below the Xetra close of October 21, 2026 at EUR 22.59. The further course of trading is shown by the continuously updated real-time quote of Galp Energia stock.
Galp Energia market facts
- Company: Galp Energia, SGPS, S.A.
- ISIN: PTGAL0AM0009
- Ticker: GALP
- Price Lang & Schwarz (as of October 21, 2026, 5:35 p.m. CEST): EUR 22.53
- Change versus Xetra close: minus 0.27 percent
- Xetra close (October 21, 2026): EUR 22.59
- Market capitalization: EUR 16.7 billion (as of October 21, 2026)
- 52-week range: EUR 13.96-EUR 23.18 (as of October 21, 2026)
- Sector / Industry: Energy / Oil and Gas Integrated
- Next earnings date: October 26, 2026
Market context: Market report PSI 20.
