ConocoPhillips stock: Susquehanna raises target to USD 175.00 for ConocoPhillips stock stock? Hmm
Published on 10/23/2026 at 16:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings
- Susquehanna raised its ConocoPhillips target to USD 175.00 on October 20, 2026.
- Second-quarter revenue reached USD 19.52 billion, up 32.40 percent year over year.
- ConocoPhillips stock costs EUR 134.89 at Lang & Schwarz on October 23, 2026 at 4:31 p.m. CEST.
- Third-quarter results are scheduled for November 5, 2026.
Susquehanna raised its price target for ConocoPhillips from USD 161.00 to USD 175.00 on October 20, 2026, while retaining a positive rating, MarketBeat reported. The target is 15.78 percent above the USD 151.15 NYSE price at 10:34 a.m. ET on October 23, 2026. ConocoPhillips stock was trading at EUR 134.89 at Lang & Schwarz on October 23, 2026 at 4:31 p.m. CEST.
Quarterly earnings set the baseline
ConocoPhillips reported second-quarter revenue of USD 19.52 billion, up 32.40 percent from the same quarter a year earlier, according to MarketBeat. Adjusted earnings per share came to USD 3.24, above the USD 2.90 consensus estimate. The result gives the November report a demanding comparison base.
NYSE price nears its yearly high
On the NYSE, ConocoPhillips was trading at USD 151.15 on October 23, 2026 at 10:34 a.m. ET. The quote stood 0.08 percent below the 52-week high of USD 151.27 and well above the 52-week low of USD 85.57. The market capitalization was USD 181.6 billion.
Valuation and reporting date
The price-to-earnings ratio was 19.99 on October 23, 2026. ConocoPhillips will 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 company's release dated September 24, 2026, ConocoPhillips.
Comparison with peers
At October 23, 2026 at 10:34 a.m. ET, ConocoPhillips traded at USD 151.15, with a 19.99 price-to-earnings ratio and USD 181.6 billion market capitalization. Exxon Mobil (NYSE, USD) traded at USD 181.83, up 2.02 percent, with a 23.37 price-to-earnings ratio and USD 747.7 billion market capitalization. Chevron (NYSE, USD) traded at USD 230.90, up 1.86 percent, with a 22.12 price-to-earnings ratio and USD 456.2 billion market capitalization.
Target increase raises the bar
The combination of a USD 175.00 target and a USD 151.15 market price puts the next earnings release at the center of the valuation discussion. Revenue growth of 32.40 percent in the second quarter supports the comparison, but the stock is already 0.08 percent below its yearly high.
ConocoPhillips stock was trading at EUR 134.89 at Lang & Schwarz on October 23, 2026 at 4:31 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of ConocoPhillips stock.
ConocoPhillips key facts
- Company: ConocoPhillips
- ISIN: US20825C1045
- WKN: 575302
- Ticker: COP
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 23, 2026, 4:31 p.m. CEST): EUR 134.89
- Market capitalization: USD 181.6 billion (as of October 23, 2026)
- 52-week range: USD 85.57-151.27 (as of October 23, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
- Next earnings date: November 5, 2026
Market context: Market report S&P 500.
