CHRD, US6742152076

Wells Fargo trims target for Chord Energy stock to USD 174.00

Published on 10/15/2026 at 20:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 128.60 percent to USD 2.17 billion in the second quarter. Chord Energy stock costs EUR 132.80 on October 15, 2026, up 1.67 percent versus the Nasdaq prior close.

Analyst target and reporting date

On October 14, 2026, Wells Fargo set a USD 174.00 target after cutting it from USD 175.00.
Second-quarter 2026 revenue reached USD 2.17 billion, up 128.60 percent year over year.
Chord Energy stock costs EUR 132.80 at Lang & Schwarz on October 15, 2026 at 8:40 p.m. CEST, up 1.67 percent on the Nasdaq versus the prior close.
Chord Energy is estimated to report third-quarter 2026 results on November 3, 2026.

CHRD, US6742152076, Illustration mit AI erstellt.

Wells Fargo cut its Chord Energy target from USD 175.00 to USD 174.00 on October 14, 2026, while retaining an Overweight rating, according to Markets Insider. The target is 17.07 percent above the USD 148.62 Nasdaq price. Chord Energy stock was trading at EUR 132.80 at Lang & Schwarz on October 15, 2026 at 8:40 p.m. CEST, up 1.67 percent versus the Nasdaq prior close.

Second-quarter revenue jumps

Chord Energy reported USD 2.17 billion in second-quarter 2026 revenue, up 128.60 percent from USD 950.30 million a year earlier, according to Zacks. Adjusted earnings reached USD 6.44 per share, below the USD 6.68 consensus estimate. Operating cash flow was USD 1.12 billion, and adjusted free cash flow reached USD 413.40 million.

Price sits below yearly high

The Nasdaq price of USD 148.62 was 5.37 percent below the 52-week high of USD 157.06 and 76.40 percent above the 52-week low of USD 84.25 on October 15, 2026. Trading volume was 479,501 shares against an average of 710,718, while EOG Resources fell 0.99 percent and Devon Energy declined 1.04 percent.

Valuation and next report

Chord Energy carried a market capitalization of USD 8.1 billion, a P/E ratio of 9.97 and a dividend yield of 3.00 percent on October 15, 2026. MarketBeat estimates third-quarter 2026 results for November 3, 2026, after the market close, with a conference call scheduled for November 4, 2026, according to MarketBeat.

Comparison with peers

CHRD (Nasdaq, USD): plus 1.67 percent, P/E 9.97, market capitalization USD 8.1 billion.

EOG Resources (NYSE, USD): minus 0.99 percent, P/E 11.88, market capitalization USD 80.1 billion.

Devon Energy (NYSE, USD): minus 1.04 percent, P/E 11.74, market capitalization USD 54.3 billion.

The market frame

Chord Energy remains below its yearly high even as second-quarter revenue increased by USD 1.22 billion year over year. The upcoming November reporting date places production, cash returns and the USD 174.00 Wells Fargo target among the next concrete reference points.

Chord Energy stock was trading at EUR 132.80 at Lang & Schwarz on October 15, 2026 at 8:40 p.m. CEST, up 1.67 percent versus the Nasdaq prior close. The further course of trading is shown by the continuously updated real-time quote of Chord Energy stock.