Valero Energy stock gains 2.82 percent on target hike

Valero Energy stock was trading at USD 386.44 on the NYSE on September 24, 2026, up 2.82 percent, with a market capitalization of USD 111.265 billion. The move followed a Goldman Sachs target increase from USD 365 to USD 457, giving the latest session a clear analyst-driven catalyst.

Goldman raises target to USD 457

According to MarketBeat on September 24, 2026, Goldman Sachs lifted its Valero price target to USD 457 from USD 365 and maintained a buy rating. The new target stands 18.26 percent above the USD 386.44 reference price, while the market quote remains 7.78 percent below the 52-week high of USD 419.04.

The target revision matters because it places the analyst view above the current share price even after the 2.82 percent daily advance. The stock also remains well above its 52-week low of USD 155.29, a difference of USD 231.15.

Q2 revenue rises 48.8 percent

Valero's second-quarter 2026 results provide the operating backdrop. ScanX reported revenue of USD 44.476 billion, up from USD 29.889 billion in Q2 2025, while operating income reached USD 5.196 billion versus USD 997 million a year earlier.

Net income attributable to Valero stockholders rose to USD 3.720 billion from USD 714 million in Q2 2025. Diluted GAAP EPS reached USD 12.62, compared with USD 2.28 a year earlier, and adjusted diluted EPS was USD 12.54. The figures show that the refining business supplied the largest part of the earnings improvement, with refining operating income at USD 4.470 billion against USD 1.266 billion in Q2 2025.

Stock stays below yearly high

Valero Energy stock stood at USD 386.44 on the NYSE on September 24, 2026, with the session range running from USD 373.17 to USD 392.58. The price gain and the higher analyst target now meet a Q2 earnings comparison in which revenue increased 48.8 percent and diluted EPS advanced by USD 10.34 year over year.