Jefferies raises target for ConocoPhillips stock to USD 174.00,
Published on 10/19/2026 at 09:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget revision and reporting date
- Jefferies raised its ConocoPhillips target from USD 159.00 to USD 174.00 on October 6, 2026.
- Second-quarter 2026 revenue reached USD 19.40 billion, up 36.00 percent year over year.
- ConocoPhillips stock trades at EUR 129.71 at 9:30 a.m. CEST at Lang & Schwarz on October 19, 2026.
- Third-quarter 2026 results are scheduled for November 5, 2026.
ConocoPhillips (ISIN US20825C1045) is priced at EUR 129.71 at Lang & Schwarz on October 19, 2026, at 9:30 a.m. CEST. The latest analyst move came from Jefferies, which raised its target from USD 159.00 to USD 174.00 on October 6, 2026, according to MarketBeat.
Target revision sets the context
The Jefferies change put the new target above the broader analyst range cited by MarketBeat, which ran from USD 130.00 to USD 174.00. The same report listed a Moderate Buy consensus based on two Strong Buy ratings, 17 Buy ratings, six Hold ratings and two Sell ratings.
That range gives the October 6 target a clear upper-bound position, but it also shows that analyst views remain dispersed. ConocoPhillips is an upstream producer, so earnings remain exposed to commodity prices and production execution rather than refining margins.
What does the next report bring?
The latest reported quarter provides the operating baseline. In the second quarter of 2026, revenue reached USD 19.40 billion, up 36.00 percent from the same quarter a year earlier, while net income was USD 3.92 billion and earnings per share were USD 3.23, according to Simply Wall St. The revenue comparison is the strongest recent operating signal in the available company figures.
The next reporting date
ConocoPhillips will release third-quarter 2026 financial and operating results before the market opens on November 5, 2026, followed by a conference call at 12:00 p.m. Eastern time, according to the company's ConocoPhillips release dated September 24, 2026.
Stock price and valuation context
ConocoPhillips had a market capitalization of USD 176.0 billion as of October 16, 2026. Its primary listing is on the NYSE, where the stock was quoted at USD 146.51 at 4:00 p.m. Eastern time on October 16, 2026. The reported 52-week range was USD 85.57 to USD 146.59, placing the latest US quote near the top of that interval.
The next earnings release is the clearest scheduled catalyst for the stock. Until then, the Jefferies target revision and the second-quarter revenue increase provide the main reference points for assessing whether the recent valuation can be supported by operating results.
ConocoPhillips was trading at EUR 129.71 at Lang & Schwarz on October 19, 2026, at 9:30 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of ConocoPhillips stock.
ConocoPhillips stock key data
- Company: ConocoPhillips
- ISIN: US20825C1045
- Ticker: COP
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 19, 2026, 9:30 a.m. CEST): EUR 129.71
- Market capitalization: USD 176.0 billion (as of October 16, 2026)
- 52-week range: USD 85.57-146.59 (as of October 17, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
- Next earnings date: November 5, 2026
Market context: Market report S&P 500.
