ConocoPhillips, US20825C1045

Susquehanna raises target for ConocoPhillips stock from USD 161.00 to USD 175.00

Published on 10/21/2026 at 11:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Susquehanna raised its target from USD 161.00 to USD 175.00 on October 20, 2026. ConocoPhillips stock costs EUR 130.05 on October 21, 2026.

Analyst targets and results date

Susquehanna lifted its target from USD 161.00 to USD 175.00 on October 20, 2026.
Second-quarter revenue reached USD 19.52 billion and adjusted earnings per share were USD 3.24.
ConocoPhillips stock trades at EUR 130.05 at 11:43 a.m. CEST at Lang & Schwarz on October 21, 2026.

Extreme Makroaufnahme von schimmernder Rohöloberfläche mit bunten Reflexionen — ConocoPhillips Makroaufnahme von schimmernder Rohöl Oberfläche mit Regenbogenreflexen und Bokeh Hintergrund, US20825C1045, Illustration mit AI erstellt.

ConocoPhillips (US20825C1045) stock is the subject of a higher USD 175.00 price target after Susquehanna raised its forecast from USD 161.00 on October 20, 2026, according to Markets Insider. ConocoPhillips was trading at EUR 130.05 at Lang & Schwarz on October 21, 2026 at 11:43 a.m. CEST.

Targets move ahead of results

Susquehanna kept a Positive rating while lifting its target by USD 14.00. The firm cited updated exploration and production assumptions, including a 2026 oil price assumption of USD 84.00 per barrel, up from USD 80.00, while natural gas assumptions were reduced slightly, Markets Insider reported.

Three target changes in October

On October 19, 2026, Gerdes Energy Research downgraded ConocoPhillips to Neutral from Buy while retaining a USD 158.00 target, according to Investing.com. On October 20, 2026, Goldman Sachs raised its target from USD 146.00 to USD 157.00 while maintaining a Buy rating, according to Investing.com. Susquehanna then raised its target from USD 161.00 to USD 175.00 on October 20, 2026, Markets Insider reported.

What does the target change mean?

The target revisions arrive after ConocoPhillips reported second-quarter revenue of USD 19.52 billion, up 32.40 percent year over year, and adjusted earnings per share of USD 3.24 versus a USD 2.90 consensus estimate, according to MarketBeat. The same report said quarterly revenue increased 32.40 percent from the year-earlier period, giving the target debate a concrete operating reference.

November 5 results date

ConocoPhillips is scheduled to release third-quarter 2026 financial and operating results before the market opens on November 5, 2026, followed by a noon Eastern conference call, according to the ConocoPhillips release. The date is the next scheduled company event.

Stock trades at Lang & Schwarz

The company is listed on the NYSE under ticker COP. Its market capitalization was USD 175.3 billion as of October 20, 2026, while the official investor page showed a NYSE quotation and a USD 147.15 single-day high for that date.

ConocoPhillips stock was trading at EUR 130.05 at Lang & Schwarz on October 21, 2026 at 11:43 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of ConocoPhillips stock.