Wells Fargo keeps USD 189 target for ConocoPhillips stock
Published on 10/15/2026 at 09:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst targets and earnings dates
- Wells Fargo maintained a Buy rating and a USD 189.00 target on October 14, 2026.
- Second-quarter 2026 revenue reached USD 19.16 billion and net profit was USD 3.93 billion.
- ConocoPhillips stock traded at EUR 127.59 at 9:35 a.m. CEST at Lang & Schwarz on October 15, 2026.
- Third-quarter 2026 results are scheduled for November 5, 2026.
ConocoPhillips stock (ISIN US20825C1045) was trading at EUR 127.59 at Lang & Schwarz on October 15, 2026, at 9:35 a.m. CEST. Markets Insider reported on October 14, 2026, that Wells Fargo maintained its Buy rating and a USD 189.00 price target. The gap between the euro quote and the dollar target reflects two different currencies and is not a daily performance comparison.
Wells Fargo sets a high bar
The analyst update came as ConocoPhillips prepares to report its third-quarter results. The company generated USD 19.16 billion in revenue and USD 3.93 billion in net profit in the second quarter of 2026, according to Markets Insider.
That quarterly revenue figure was higher than the USD 14.00 billion reported for the year-earlier quarter, while net profit rose from USD 1.97 billion to USD 3.93 billion. The comparison gives the USD 189.00 target a concrete earnings backdrop, although the target remains an analyst assessment rather than company guidance.
What does the target mean?
Investing.com reported on October 7, 2026, that Truist raised its target from USD 130.00 to USD 136.00 while retaining a Hold rating. The sequence shows how widely analyst views can differ, with Wells Fargo at USD 189.00 and Truist at USD 136.00.
Three dated signals for the stock
On August 6, 2026, ConocoPhillips gave third-quarter production guidance of 2.29 million to 2.32 million barrels of oil equivalent per day, as reported by Simply Wall St. On October 7, Truist raised its target to USD 136.00. On October 14, Wells Fargo maintained its Buy rating and USD 189.00 target.
The next reporting date
ConocoPhillips is scheduled to discuss third-quarter 2026 financial and operating results on November 5, 2026, according to the ConocoPhillips company site. The reporting date is the next concrete checkpoint for production, cash generation and capital returns.
Market value and investor context
ConocoPhillips had a market capitalization of USD 171.0 billion as of October 14, 2026. Its primary listing is on the NYSE, where the quoted 52-week range was USD 85.57 to USD 142.55. The company is an energy producer focused on exploring for, producing, transporting and marketing crude oil, natural gas, liquefied natural gas and natural gas liquids.
The further course of trading is shown by the continuously updated real-time quote of ConocoPhillips stock.
ConocoPhillips stock facts
- Company: ConocoPhillips
- ISIN: US20825C1045
- Ticker: COP
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 15, 2026, 9:35 a.m. CEST): EUR 127.59
- Market capitalization: USD 171.0 billion (as of October 14, 2026)
- 52-week range: USD 85.57-142.55 (as of October 14, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
- Index membership: S&P 500
- Next earnings date: November 5, 2026
Market context: Market report S&P 500.
