TotalEnergies, FR0000120271

TotalEnergies stock trades below its yearly high ahead of results: not allowed colon separator

Published on 10/04/2026 at 12:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TotalEnergies stock carries a Buy consensus from 22 analysts, with an EUR 88.10 average target on September 24, 2026. Fourth-quarter buybacks are set at USD 2.5 billion.

Geometrisches Bauhaus-Poster in Orange, Blau und Gelb mit Wort ENERGY — Bauhaus-Poster mit Schriftzug ENERGY steht symbolisch für TotalEnergies SE, ISIN FR0000120271, und dessen breites Energiegeschäft, Illustration mit AI erstellt.

TotalEnergies stock (ISIN FR0000120271) stood at EUR 74.46 on Euronext Paris on October 2, 2026, down 0.07 percent from the prior session. The next major checkpoint is the company's third-quarter report scheduled for October 29, 2026, while capital returns remain the central market issue.

Buybacks reach USD 2.5 billion

According to StockTitan, TotalEnergies authorized USD 2.5 billion of share repurchases for the fourth quarter of 2026 on October 1, 2026, compared with USD 1.5 billion in recent quarters. The board also authorized USD 2 billion to USD 2.5 billion for the first quarter of 2027.

The filing also set a shareholder-return objective of at least 40 percent of cash flow and projected gearing below 10 percent by year-end 2026. That combination links the buyback program to balance-sheet discipline rather than to a single quarter of operating performance.

October 29 is the next checkpoint

The company's investor calendar identifies October 29, 2026, for third-quarter results, as shown in the TotalEnergies October 2026 shareholder webzine. The date gives investors a defined test for the earnings power supporting the higher capital-return plan.

For the second quarter of 2026, standardized financial data show revenue of USD 57.097 billion and consolidated net income of USD 5.475 billion. Operating cash flow reached USD 10.858 billion in the same period, giving the planned buybacks a measurable cash-flow backdrop.

Consensus target sits above the price

According to Investing.com on September 24, 2026, the consensus rating was Buy based on 22 analysts, with an average 12-month price target of EUR 88.10. The target lies 18.32 percent above the EUR 74.46 reference price, turning the October results into the next test of that valuation gap.

Stock remains below its yearly high

TotalEnergies traded within a 52-week range of EUR 49.24 to EUR 81.34 on the cited consensus snapshot, leaving the EUR 74.46 reference price 8.46 percent below the upper end. The stock also carried a market capitalization of EUR 164.4 billion on October 2, 2026.