ConocoPhillips stock (US20825C1045): Mizuho lifts target to USD 150

ConocoPhillips is in focus on the NYSE after Mizuho raised its price target to USD 150 from USD 136 and kept an outperform rating on 05/28/2026.

ConocoPhillips drew fresh attention on the New York Stock Exchange after Mizuho raised its price target to USD 150 from USD 136 and reiterated an outperform rating on 05/28/2026, according to MarketBeat's coverage of the note. MarketBeat also said the consensus across analysts tracked there stands at a Moderate Buy with an average target of USD 134.60 as of 05/29/2026.

The stock traded at USD 114.89 on 05/29/2026 on the NYSE, according to MarketBeat's market page, leaving the shares below both the revised Mizuho target and the broader consensus level. In the US market context, that keeps ConocoPhillips on the radar of investors who follow the S&P 500 energy complex and sell-side research from major banks.

As of: 05/29/2026

By the editorial team - specialized in equity coverage.

At a glance

• Name: COP
• Sector/industry: Energy / oil and gas exploration and production
• Headquarters/country: Houston, United States
• Core markets: United States, Alaska, Lower 48, Europe, Asia-Pacific
• Key revenue drivers: Crude oil, natural gas, liquefied natural gas, upstream production
• Home exchange/listing venue: NYSE (COP)
• Trading currency: USD

ConocoPhillips: core business model

ConocoPhillips develops and produces oil and natural gas, with earnings tied mainly to upstream volumes, commodity prices, and portfolio mix across major producing regions.

Valuation metrics and multiples for ConocoPhillips

MarketBeat's 05/29/2026 snapshot shows an average analyst rating of Moderate Buy and an average price target of USD 134.60, while Mizuho's fresh target of USD 150 on 05/28/2026 sits above that consensus. The same setup places the shares below both figures, a gap that may matter for valuation-focused readers watching the US-listed name.

For context, the market page cited by MarketBeat had ConocoPhillips at USD 114.89 on 05/29/2026, and the stock's recent direction was also flagged by other market commentaries as weaker over the latest stretch. That makes Friday's valuation lens especially relevant for a company whose market value still moves closely with oil and gas pricing trends.

Conclusion

Mizuho's higher target extends the current analyst debate around ConocoPhillips and reinforces the stock's visibility among US energy names on the NYSE. Friday's valuation focus also fits a market where the shares trade below both the latest bank target and the broader consensus level cited by MarketBeat.

If commodity prices remain the main driver, the next move in the stock is likely to stay tied to oil and gas sentiment as much as to fresh analyst revisions.

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.