ConocoPhillips (NYSE:COP) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

ConocoPhillips (NYSE:COP) had its target price lifted by research analysts at Wells Fargo & Company from $132.00 to $133.00 in a research report issued on Friday, MarketBeat Ratings reports. The brokerage presently has an “overweight” rating on the energy producer’s stock. Wells Fargo & Company‘s target price would suggest a potential upside of 23.50% from the stock’s previous close.

Several other research firms also recently commented on COP. Susquehanna upped their price objective on shares of ConocoPhillips from $110.00 to $115.00 and gave the company a “positive” rating in a report on Monday, January 26th. The Goldman Sachs Group boosted their target price on shares of ConocoPhillips from $108.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Johnson Rice downgraded ConocoPhillips from an “accumulate” rating to a “hold” rating and cut their price target for the stock from $108.00 to $105.00 in a research report on Friday, December 5th. Wall Street Zen upgraded ConocoPhillips from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Wolfe Research upped their target price on ConocoPhillips from $122.00 to $123.00 and gave the stock an “outperform” rating in a research note on Monday, January 26th. Seventeen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $114.35.

ConocoPhillips Stock Up 2.6%

Shares of COP stock opened at $107.69 on Friday. ConocoPhillips has a fifty-two week low of $79.88 and a fifty-two week high of $108.43. The firm has a market capitalization of $133.07 billion, a PE ratio of 16.99 and a beta of 0.32. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.18 and a current ratio of 1.30. The stock’s 50-day simple moving average is $96.50 and its 200-day simple moving average is $93.72.

ConocoPhillips (NYSE:COP) last released its earnings results on Thursday, February 5th. The energy producer reported $1.02 EPS for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.21). ConocoPhillips had a return on equity of 11.90% and a net margin of 12.98%.The firm had revenue of $13.86 billion for the quarter, compared to analyst estimates of $14.35 billion. During the same period last year, the firm earned $1.98 EPS. The company’s revenue for the quarter was down 3.7% compared to the same quarter last year. Equities analysts expect that ConocoPhillips will post 8.16 earnings per share for the current year.

Insider Buying and Selling

In other ConocoPhillips news, Director William H. Mcraven purchased 5,768 shares of the stock in a transaction on Monday, November 10th. The shares were bought at an average price of $86.68 per share, for a total transaction of $499,970.24. Following the completion of the transaction, the director owned 5,768 shares of the company’s stock, valued at $499,970.24. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Ryan Michael Lance sold 500,708 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $92.50, for a total value of $46,315,490.00. Following the completion of the sale, the chief executive officer owned 325,972 shares of the company’s stock, valued at $30,152,410. This trade represents a 60.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.24% of the company’s stock.

Hedge Funds Weigh In On ConocoPhillips

A number of large investors have recently added to or reduced their stakes in the stock. Howard Hughes Medical Institute purchased a new stake in shares of ConocoPhillips during the second quarter worth about $25,000. Cloud Capital Management LLC acquired a new stake in ConocoPhillips in the 3rd quarter worth about $26,000. Bogart Wealth LLC increased its stake in ConocoPhillips by 136.8% during the 2nd quarter. Bogart Wealth LLC now owns 315 shares of the energy producer’s stock worth $28,000 after buying an additional 182 shares in the last quarter. KERR FINANCIAL PLANNING Corp acquired a new position in shares of ConocoPhillips during the third quarter valued at approximately $28,000. Finally, Board of the Pension Protection Fund purchased a new position in shares of ConocoPhillips in the fourth quarter valued at approximately $28,000. 82.36% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Management committed to returning 45% of operating cash flow to shareholders (boosting yield/total-return prospects), supported by strong reported cash generation. ConocoPhillips Stock Still Looks Cheap – What’s The Best Play Here?
• Positive Sentiment: Wells Fargo raised its price target to $133 and kept an overweight rating — a material upside call that can attract momentum buyers. Wells Fargo raises PT to $133
• Neutral Sentiment: CEO Ryan Lance signaled a shift toward organic growth and international expansion (less M&A focus) — a strategic pivot that could change capital allocation and growth tempo over time. Analyst: Focus on organic growth
• Neutral Sentiment: Articles flag a Venezuela monetization-first approach (collect payments/settlements before ramping drilling) — could unlock value but is execution- and timing-dependent. Venezuela strategy piece
• Negative Sentiment: Q4 results missed consensus: non‑GAAP EPS $1.02 vs. estimates (~$1.23) and revenue slightly below expectations; management cited weaker realized oil prices — the miss pressured shares and remains a near-term earnings risk. Reuters: Q4 earnings miss
• Negative Sentiment: JPMorgan’s updated target ($103, neutral) implies limited near-term upside from current levels — a restraint on bullish investor positioning. JPMorgan maintains neutral PT $103

About ConocoPhillips

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.