Mizuho raised target for Valero Energy stock to USD 434.00
Published on 10/12/2026 at 11:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Mizuho raised Valero Energy's price target from USD 300.00 to USD 434.00 while keeping a Neutral rating on October 8, 2026.
- Second-quarter 2026 revenue reached USD 44.48 billion, up 48.80 percent year over year.
- Adjusted second-quarter earnings per share rose to USD 12.54 from USD 2.28 a year earlier.
- Valero Energy stock was trading at EUR 388.40 at Lang & Schwarz on October 12, 2026.
- Valero Energy is scheduled to report third-quarter 2026 results on October 22, 2026.
Valero Energy (ISIN US91913Y1001) was trading at EUR 388.40 at Lang & Schwarz on October 12, 2026 at 11:03 a.m. CEST. On October 8, 2026, Markets Insider reported that Mizuho raised its Valero target from USD 300.00 to USD 434.00 while keeping a Neutral rating. The new target reflects higher and longer-lasting refining crack assumptions, but the rating shows that valuation and margin durability remain central questions.
Three events reset expectations
Valero's second-quarter 2026 results on July 30, 2026 delivered revenue of USD 44.48 billion and adjusted earnings per share of USD 12.54, compared with USD 2.28 a year earlier, according to ScanX. On September 14, 2026, Raymond James raised its target to USD 450.00, and on October 8, 2026, Mizuho lifted its target to USD 434.00, with both actions reported by MarketBeat.
What does USD 434 mean?
The target debate is tied to operating leverage rather than a simple volume story. ScanX reported that Valero's refining margin per barrel of throughput reached USD 23.62 in the second quarter of 2026, versus USD 12.35 in the second quarter of 2025. Revenue rose 48.80 percent year over year to USD 44.48 billion, while the adjusted earnings-per-share comparison widened from USD 2.28 to USD 12.54.
Next date is October 22
Valero is scheduled to announce third-quarter 2026 results on October 22, 2026, with the report date listed by 6ix. That release will test whether the second-quarter margin level can carry into the next reporting period. For investors, the key comparison is the USD 434.00 target against the operating results that supported the earlier earnings surge.
Valero Energy stock remains near its yearly high
Primary-market data showed Valero Energy last at USD 433.75 on October 9, 2026 at 4:00 p.m. ET, with a market capitalization of USD 124.9 billion and a 52-week range of USD 155.29 to USD 449.77. The current EUR 388.40 Lang & Schwarz quote gives German investors a separate euro-denominated reference, while the next company report supplies the next fundamental test.
The further course of trading is shown by the continuously updated real-time quote of Valero Energy stock.
Valero Energy stock facts
- Company: Valero Energy Corporation
- ISIN: US91913Y1001
- WKN: 908683
- Ticker: VLO
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 12, 2026, 11:03 a.m. CEST: EUR 388.40
- Market capitalization: USD 124.9 billion (as of October 9, 2026)
- 52-week range: USD 155.29-449.77 (as of October 9, 2026)
- Sector / Industry: Energy / Oil and gas refining and marketing
- Index membership: S&P 500
- Next earnings date: October 22, 2026
Market context: Market report S&P 500.
