ConocoPhillips (NYSE:COP) Given New $152.00 Price Target at Susquehanna

Key Points

• Susquehanna raised its price target on ConocoPhillips to $152 from $149, implying roughly a 23% upside from the prior close.
• Other analysts have also lifted targets (e.g., Capital One to $156, Piper Sandler to $157), leaving a MarketBeat consensus of a "Moderate Buy" with an average target of $133.04 versus the stock trading around $123.
• ConocoPhillips beat Q1 EPS estimates ($1.89 vs. $1.68) and revenue marginally, but revenue was down ~6% YoY and management trimmed production guidance/excluded Qatar from Q2, creating near‑term uncertainty despite a $12–$12.5B 2026 capex plan and multiyear free‑cash‑flow targets.

ConocoPhillips (NYSE:COP - Get Free Report) had its price target boosted by equities research analysts at Susquehanna from $149.00 to $152.00 in a report released on Friday,MarketScreener reports. Susquehanna's target price indicates a potential upside of 23.39% from the company's previous close.

Other equities research analysts have also recently issued research reports about the company. Capital One Financial increased their price objective on ConocoPhillips from $116.00 to $156.00 and gave the stock an "equal weight" rating in a report on Thursday, March 26th. Zacks Research upgraded ConocoPhillips from a "hold" rating to a "strong-buy" rating in a research note on Tuesday. Piper Sandler raised their target price on ConocoPhillips from $154.00 to $157.00 and gave the company an "overweight" rating in a research note on Wednesday, April 8th. JPMorgan Chase & Co. raised their target price on ConocoPhillips from $98.00 to $103.00 and gave the company a "neutral" rating in a research note on Friday, February 6th. Finally, Wall Street Zen upgraded ConocoPhillips from a "sell" rating to a "hold" rating in a research note on Saturday, March 7th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, ConocoPhillips currently has a consensus rating of "Moderate Buy" and an average target price of $133.04.

ConocoPhillips Stock Down 2.1%

Shares of NYSE COP opened at $123.19 on Friday. ConocoPhillips has a one year low of $84.28 and a one year high of $135.87. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.29 and a quick ratio of 1.14. The business's fifty day moving average price is $122.17 and its 200-day moving average price is $104.22. The stock has a market capitalization of $150.15 billion, a PE ratio of 19.43, a P/E/G ratio of 1.78 and a beta of 0.14.

ConocoPhillips (NYSE:COP - Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The energy producer reported $1.89 EPS for the quarter, beating analysts' consensus estimates of $1.68 by $0.21. The firm had revenue of $15.76 billion for the quarter, compared to analysts' expectations of $15.62 billion. ConocoPhillips had a return on equity of 11.39% and a net margin of 12.10%.The business's revenue for the quarter was down 6.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.09 EPS. On average, equities research analysts anticipate that ConocoPhillips will post 9.46 EPS for the current year.

Insider Buying and Selling

In related news, SVP Kelly Brunetti Rose sold 7,700 shares of ConocoPhillips stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $130.03, for a total value of $1,001,231.00. Following the completion of the sale, the senior vice president owned 25,284 shares of the company's stock, valued at $3,287,678.52. The trade was a 23.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Andrew D. Lundquist sold 34,500 shares of ConocoPhillips stock in a transaction on Friday, March 13th. The stock was sold at an average price of $119.68, for a total value of $4,128,960.00. Following the completion of the sale, the senior vice president directly owned 17,469 shares of the company's stock, valued at $2,090,689.92. The trade was a 66.39% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 734,891 shares of company stock valued at $93,345,692 over the last ninety days. 0.09% of the stock is owned by insiders.

Institutional Trading of ConocoPhillips

Hedge funds have recently bought and sold shares of the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in ConocoPhillips during the fourth quarter valued at about $25,000. Cloud Capital Management LLC bought a new position in ConocoPhillips in the third quarter worth approximately $26,000. Strive Asset Management LLC bought a new position in ConocoPhillips in the third quarter worth approximately $28,000. Board of the Pension Protection Fund bought a new position in ConocoPhillips in the fourth quarter worth approximately $28,000. Finally, Cedar Mountain Advisors LLC grew its stake in ConocoPhillips by 58.0% in the third quarter. Cedar Mountain Advisors LLC now owns 316 shares of the energy producer's stock worth $30,000 after purchasing an additional 116 shares in the last quarter. Institutional investors own 82.36% of the company's stock.

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Q1 results beat estimates on EPS and showed disciplined cost control and strong cash generation, supporting near‑term profitability. ConocoPhillips Q1 EPS beats estimates; shares fall on Qatar output cut
• Positive Sentiment: Higher crude prices from Mideast tensions are boosting margins and expected free cash flow, increasing capacity for buybacks/dividends. Higher Oil Prices Are Boosting This Oil Stock's Profits. Here's How It's Using That Windfall.
• Positive Sentiment: Management outlined a $12.0–$12.5B 2026 capex range and reiterated multiyear free‑cash‑flow targets (on track for ~$7B FCF inflection by 2029), which supports long‑term shareholder returns. ConocoPhillips outlines $12B-$12.5B 2026 capex range...
• Neutral Sentiment: Zacks upgraded COP to strong‑buy and broader analyst commentary may influence flows, but upgrades are offset by the company’s trimmed production view. Is It Worth Investing in ConocoPhillips (COP) Based on Wall Street's Bullish Views?
• Negative Sentiment: Management excluded Qatar from Q2 guidance and trimmed full‑year production targets amid the Middle East conflict, a direct hit to near‑term volume expectations. ConocoPhillips Q1 2026 earnings fall 21% to $2.2bn
• Negative Sentiment: YoY production and revenues declined (revenue down ~6%), and management warned of wider supply disruption risks — factors pressuring the stock despite the beat. ConocoPhillips posts lower first-quarter profit
• Negative Sentiment: Geopolitical escalation (Iran/Stait of Hormuz concerns) has pushed oil higher but raises operational and guidance uncertainty; market reaction shows shares falling on the guidance cut despite higher commodity prices. Oil Set for Weekly Gain as Trump Says Iran Blockade Will Persist

ConocoPhillips Company Profile

ConocoPhillips NYSE: COP is a Houston-based international energy company focused on exploration and production of oil and natural gas. Formed in 2002 through the merger of Conoco Inc and Phillips Petroleum Company, the firm operates as an independent upstream company that explores for, develops and produces crude oil, natural gas and natural gas liquids across a portfolio of global assets.

The company's activities span conventional and unconventional resources and include onshore and offshore operations in multiple regions around the world.

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