ConocoPhillips Is Up 14% in the Last 6 Months. Here’s Where Shares Could Go in 2026
ConocoPhillips stock has increased by 14% over the past six months, driven by improved free cash flow visibility, lower capital intensity, and strong institutional support. Despite some insider selling, the company's capital discipline and focus on cost reductions and stable production are expected to lead to a target price of $155 per share, implying a 41% upside for investors. This valuation is supported by modest revenue growth, 24.6% operating margins, and a 17.5x exit P/E multiple.
https://www.tikr.com/blog/conocophillips-is-up-14-in-the-last-6-months-heres-where-shares-could-go-in-2026?