Williams Cos stock: TD Cowen cuts target to USD 85.00 from USD 87.00

Published on 10/20/2026 at 15:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Next results are due November 2, 2026. Williams Cos stock costs EUR 62.81 on October 20, 2026, down 0.74 percent versus Xetra close.

Analyst view and earnings date

TD Cowen analyst Jason Gabelman cut the Williams target to USD 85.00 from USD 87.00 on October 16, 2026.
Second-quarter 2026 revenue rose 9.80 percent to USD 3.05 billion.
Williams Cos stock costs EUR 62.81 at Lang & Schwarz on October 20, 2026 at 3:30 p.m. CEST, 0.74 percent below the Xetra close of October 19, 2026.
Williams plans to report third-quarter 2026 results on November 2, 2026.

Bauhaus-Poster mit Pipeline- und Energie-Motiven, Williams Companies US9694571004 — Farbenfrohes Bauhaus-Poster mit geometrischen Energie-Motiven symbolisiert den Erdgassektor von Williams Companies, gelistet unter ISIN US9694571004, Illustration mit AI erstellt.

TD Cowen analyst Jason Gabelman lowered the target for Williams Cos from USD 87.00 to USD 85.00 and kept a Buy rating on October 16, 2026, as Markets Insider reported. Williams Cos stock was trading at EUR 62.81 at Lang & Schwarz on October 20, 2026 at 3:30 p.m. CEST, down 0.74 percent versus the Xetra close of October 19, 2026.

Target remains above the euro quote

The revised USD 85.00 target stands 20.72 percent above the USD 70.41 Williams quote at 9:31 a.m. ET on October 20, 2026. The target cut still leaves a measurable gap, while the Buy rating was maintained. The analyst cited a third-quarter earnings preview and the potential for Permian dry gas growth.

Revenue rose in the second quarter

Williams reported USD 3.05 billion of revenue for the second quarter of 2026, up 9.80 percent from USD 2.78 billion a year earlier, according to Ticker Scout. Net income attributable to Williams reached USD 827.00 million, up 51.50 percent from USD 546.00 million in the second quarter of 2025. The same report identifies a USD 126.00 million gain related to the sale of the Brazos Permian II investment as part of the result.

What matters before November 2?

Williams plans to announce third-quarter 2026 results after the market close on November 2, 2026, with its analyst conference call scheduled for November 3, 2026 at 9:30 a.m. ET, according to Williams Companies. The second-quarter diluted earnings per share figure was USD 0.68, compared with USD 0.45 a year earlier. That comparison gives the upcoming report a clear operating benchmark without relying on a new forecast.

Valuation and market position

Williams had a market capitalization of USD 86.1 billion and a price-to-earnings ratio of 27.93 on October 20, 2026. Its trailing dividend yield was 3.00 percent. The 52-week range was USD 56.19 to USD 80.08, placing the USD 70.41 home-market quote 12.08 percent below the high.

Stock stays below the recent high

The NYSE quote was USD 70.41 at 9:31 a.m. ET on October 20, 2026, while the euro quote stood at EUR 62.81 at Lang & Schwarz at 3:30 p.m. CEST. The Xetra close of October 19, 2026 was EUR 63.28, making the German-market comparison the relevant daily measure for investors trading in euros.

The further course of trading is shown by the continuously updated real-time quote of Williams Cos stock.