Valero Energy (VLO) Projected to Announce Earnings on Thursday

Key Points

• Valero is expected to report Q3 2026 results before market open on October 22. Analysts forecast earnings of $20.83 per share on $43.36 billion in revenue, following the company’s recent $2.43-per-share earnings beat and 48.8% year-over-year revenue growth.
• Analysts have sharply raised price targets amid improving profitability expectations. Wells Fargo and Citigroup both set targets of $485, while the consensus rating is “Moderate Buy” with an average target of $382.62.
• Valero’s stock has surged, but risks remain. Shares opened near their 52-week high at $459.65, while neutral or hold ratings and uncertainty around oil prices, OPEC demand, Middle East disruptions and a potential U.S. petroleum-reserve release could pressure refining margins.

Valero Energy (NYSE:VLO - Get Free Report) is expected to be announcing its Q3 2026 results before the market opens on Thursday, October 22nd. Analysts expect Valero Energy to post earnings of $20.83 per share and revenue of $43.36 billion for the quarter. Parties may review the information on the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 22, 2026 at 10:00 AM ET.

Valero Energy (NYSE:VLO - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The oil and gas company reported $12.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $10.11 by $2.43. The business had revenue of $44.48 billion for the quarter, compared to the consensus estimate of $39.47 billion. Valero Energy had a return on equity of 26.74% and a net margin of 5.17%. The company's quarterly revenue was up 48.8% compared to the same quarter last year. During the same period in the prior year, the business posted $2.28 earnings per share. On average, analysts expect Valero Energy to post $51.77 EPS for the current fiscal year and $47.61 EPS for the next fiscal year.

Valero Energy Stock Up 0.7%

NYSE VLO opened at $459.65 on Thursday. Valero Energy has a 52 week low of $155.29 and a 52 week high of $461.52. The company has a quick ratio of 1.23, a current ratio of 1.64 and a debt-to-equity ratio of 0.37. The company has a fifty day moving average of $377.35 and a two-hundred day moving average of $301.37. The firm has a market capitalization of $132.35 billion, a price-to-earnings ratio of 18.83, a PEG ratio of 0.29 and a beta of 0.59.

Key Valero Energy News

Here are the key news stories impacting Valero Energy this week:

• Positive Sentiment: Wells Fargo raised its price target from $389 to $485 and upgraded its stance to “Overweight,” implying further upside. Wells Fargo analyst action
• Positive Sentiment: Citigroup increased its target sharply from $302 to $485. Although Citi retained a “Neutral” rating, the revised target reflects a significantly stronger valuation outlook. Citigroup raises Valero price target
• Positive Sentiment: Erste Group raised its FY2026 EPS forecast to $51.71 from $48.02 and its FY2027 forecast to $42.23 from $36.86. The FY2026 estimate is slightly above the broader $51.31 consensus. Erste Group earnings estimates
• Positive Sentiment: Recent commentary points to a return to substantial profitability, helped by sturdy fuel demand and tighter refined-product supply. Valero also beat its latest quarterly EPS consensus estimate by $2.43, while revenue rose 48.8% year over year. What Did Valero Stock Investors Miss Before the Run?
• Positive Sentiment: Zacks added VLO to its Rank #1 “Strong Buy” growth-stock list and identified it as a relatively low-beta energy pick amid market volatility. Zacks growth stocks list
• Neutral Sentiment: Despite the bullish target revisions, Citi and DBS maintain “Neutral” or “Hold” ratings, suggesting analysts see limited risk-adjusted upside after the substantial rally. Mizuho’s revised target of $434 is below the current trading level. DBS maintains Hold rating
• Negative Sentiment: Oil prices remain exposed to conflicting forces, including Middle East disruptions, OPEC demand concerns and a potential U.S. Strategic Petroleum Reserve release. These factors could increase volatility in refining margins and Valero’s earnings outlook. Oil market risks

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Bank of America upped their target price on Valero Energy from $395.00 to $414.00 and gave the company a "neutral" rating in a research note on Friday, October 2nd. Piper Sandler lifted their price objective on shares of Valero Energy from $329.00 to $435.00 and gave the company an "overweight" rating in a report on Thursday, September 3rd. Barclays boosted their price objective on shares of Valero Energy from $323.00 to $441.00 and gave the company an "overweight" rating in a research report on Tuesday, October 6th. Mizuho upped their target price on shares of Valero Energy from $300.00 to $434.00 and gave the stock a "neutral" rating in a research note on Thursday, October 8th. Finally, TD Cowen upped their target price on shares of Valero Energy from $338.00 to $350.00 and gave the stock a "hold" rating in a research note on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Valero Energy presently has a consensus rating of "Moderate Buy" and an average price target of $382.62.

Valero Energy Company Profile

Valero Energy Corporation is an international petroleum refining, renewable fuels and marketing company headquartered in San Antonio, Texas. Founded in 1980, the company processes crude oil and other feedstocks into transportation fuels and other products used by commercial, industrial and consumer customers.

Valero's refined products include gasoline, diesel, jet fuel, asphalt, lubricants and petrochemical feedstocks. The company also produces and markets ethanol and renewable diesel, including through its Diamond Green Diesel joint venture with Darling Ingredients.

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