UBS Raises EOG Resources (EOG) Price Target to $186

UBS has reaffirmed its Buy rating for EOG Resources with a new price target of $186.00, a 20.72% upside from the current price.

By EarningsIQ Research Desk · Published Oct 16, 2026, 2:04 PM EDT

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UBS raised its price target on EOG Resources, Inc. ($EOG) to $186 from $183 on October 9, 2026, and rates the stock "Buy".

Since the rating, $EOG is up 6.7% after 1 week and up 6.7% to date (from the $148.16 close on Oct 9, 2026).

EOG EOG Resources, Inc.

$158.01 +50.97% year to date

Daily close · Oct 16, 2026

Key Points

UBS reiterated its Buy rating on EOG Resources, raising the price target from $183.00 to $186.00 on October 9, 2026.
UBS's $186 price target implies 20.72% upside from EOG Resources, Inc.'s ($EOG) current $154.08 share price.
Recent shares of EOG traded around $154.08, which is about 17.2% below UBS's new target price.
The company is set to report earnings on November 5, 2026, with a revenue growth of 58.7% year-over-year.

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UBS has reaffirmed its Buy rating on EOG Resources, Inc. (NYSE: EOG), raising the price target from $183.00 to $186.00 on October 9, 2026. This move comes as the stock trades at a recent price of $154.08, which is about 17.2% below the new target.

UBS's Call on EOG Resources

UBS's updated rating reflects confidence in EOG's performance and growth potential, particularly in light of its recent earnings results. The company generates revenue from exploring, developing, and producing oil and gas, primarily in the U.S. and internationally. The new target price indicates UBS's belief that the stock has room to grow.

Other Institutional Activity in EOG Resources

Several institutional investors have positions in EOG Resources. Capital World Investors holds 55,451,748 shares valued at about $8.76 billion after increasing its stake by 3,559,788 shares, a 6.9% rise. BlackRock Inc. owns 45,522,136 shares worth approximately $7.19 billion, having added 1,261,430 shares, a 2.8% increase. Vanguard Capital Management LLC reduced its stake slightly by 262,912 shares, ending with 34,792,072 shares valued at about $5.50 billion. State Street Corporation owns 33,971,430 shares worth around $5.37 billion after a minor increase of 50,881 shares. JPMorgan Chase & Co. decreased its holdings by 3,614,369 shares, bringing its total to 28,230,286 shares valued at about $4.46 billion.

EOG Resources, Inc. Stock Up 6.8%

EOG Resources is currently trading around $154.08, which is significantly below its new target price of $186.00 set by UBS. This suggests that the stock may have potential for upward movement. The shares are also trading well above their 52-week low, indicating some investor confidence.

12-month forecast

$EOG price target

EOG Resources, Inc. daily closes and this analyst's $186 target. Not advice.

Recent Earnings

EOG Resources reported trailing twelve-month revenue of approximately $26.72 billion, with earnings per share at $12.85. The company has experienced a revenue growth of 58.7% year-over-year, showcasing strong performance. Investors will be looking forward to the next earnings report scheduled for November 5, 2026.

Insider Buying and Selling at EOG Resources, Inc.

Recent insider transactions show that several executives sold shares of EOG Resources. On May 28, 2026, Director Charles Richard Crisp sold 1,887 shares at an average price of $136.17, totaling about $256,953. CEO Ezra Y. Yacob sold 35,942 shares on August 24, 2026, at $152.10, amounting to approximately $5.47 million. Officer Michael P. Donaldson sold 7,336 shares on September 11, 2026, at $148.00, totaling around $1.09 million. Additionally, COO Jeffrey R. Leitzell sold 9,039 shares on September 25, 2026, at an average price of $140.61, worth about $1.27 million.

Analysts Set New Price Targets

On October 9, 2026, UBS maintained its Buy rating on EOG Resources, increasing the price target from $183.00 to $186.00. Earlier, Raymond James also maintained a Strong Buy rating with a target of $186.00, reflecting a positive outlook for the stock. The consensus among analysts suggests a strong interest in EOG's performance going forward.

About EOG Resources

EOG Resources, Inc. explores, develops, and produces oil and gas primarily in the United States and internationally. With a strong focus on crude oil and natural gas liquids, the company is positioned well in the energy sector. EOG's recent performance, including significant revenue growth, highlights its potential in the market.

Bottom Line

Investors should watch for EOG's next earnings report on November 5, 2026, as it may provide further insights into the company's performance. UBS's recent rating reaffirmation and target price increase signal confidence in EOG's future, despite current trading levels being below the new target.