JPMorgan Chase & Co. Forecasts Strong Price Appreciation for EQT (NYSE:EQT) Stock

EQT (NYSE:EQTGet Free Report) had its price objective raised by JPMorgan Chase & Co. from $68.00 to $72.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an “overweight” rating on the oil and gas producer’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 13.39% from the stock’s current price.

Other analysts also recently issued research reports about the stock. TD Cowen raised their price target on shares of EQT from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Roth Mkm reiterated a “neutral” rating on shares of EQT in a research note on Wednesday, February 18th. The Goldman Sachs Group decreased their price objective on shares of EQT from $70.00 to $66.00 and set a “buy” rating for the company in a report on Thursday, January 22nd. Citigroup dropped their target price on shares of EQT from $63.00 to $62.00 and set a “buy” rating for the company in a research report on Friday, December 19th. Finally, BMO Capital Markets upped their target price on shares of EQT from $60.00 to $68.00 and gave the company an “outperform” rating in a research note on Tuesday, March 3rd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, EQT presently has a consensus rating of “Moderate Buy” and a consensus price target of $66.36.

View Our Latest Stock Report on EQT

EQT Trading Down 1.5%

Shares of EQT opened at $63.50 on Tuesday. EQT has a one year low of $43.57 and a one year high of $65.68. The stock has a 50-day moving average price of $57.56 and a 200 day moving average price of $55.86. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.76 and a current ratio of 0.76. The company has a market capitalization of $39.68 billion, a P/E ratio of 19.18, a P/E/G ratio of 0.42 and a beta of 0.72.

EQT (NYSE:EQTGet Free Report) last posted its quarterly earnings data on Tuesday, February 17th. The oil and gas producer reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.14. EQT had a return on equity of 7.25% and a net margin of 23.59%.The company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.13 billion. During the same period in the previous year, the business earned $0.69 EPS. EQT’s revenue for the quarter was up 24.8% compared to the same quarter last year. Sell-side analysts forecast that EQT will post 3.27 EPS for the current fiscal year.

Insiders Place Their Bets

In other EQT news, insider Lesley Evancho sold 20,000 shares of the stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $60.69, for a total transaction of $1,213,800.00. Following the sale, the insider directly owned 184,607 shares of the company’s stock, valued at approximately $11,203,798.83. This represents a 9.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Sarah Fenton sold 4,876 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $64.49, for a total transaction of $314,453.24. Following the completion of the transaction, the executive vice president owned 52,953 shares in the company, valued at approximately $3,414,938.97. The trade was a 8.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 61,158 shares of company stock valued at $3,742,983 over the last 90 days. 0.72% of the stock is owned by company insiders.

Institutional Investors Weigh In On EQT

Institutional investors and hedge funds have recently bought and sold shares of the business. Caxton Associates LLP bought a new position in EQT in the first quarter worth about $256,000. Focus Partners Wealth grew its holdings in shares of EQT by 9.0% during the first quarter. Focus Partners Wealth now owns 21,637 shares of the oil and gas producer’s stock valued at $1,156,000 after purchasing an additional 1,789 shares during the last quarter. Rothschild Investment LLC grew its holdings in shares of EQT by 1.0% during the second quarter. Rothschild Investment LLC now owns 46,436 shares of the oil and gas producer’s stock valued at $2,708,000 after purchasing an additional 463 shares during the last quarter. Dorsey Wright & Associates raised its position in shares of EQT by 11.3% during the 2nd quarter. Dorsey Wright & Associates now owns 10,399 shares of the oil and gas producer’s stock worth $606,000 after purchasing an additional 1,059 shares during the period. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in shares of EQT during the 2nd quarter worth approximately $41,000. Institutional investors and hedge funds own 90.81% of the company’s stock.

Trending Headlines about EQT

Here are the key news stories impacting EQT this week:

  • Positive Sentiment: Wall Street support — Recent price‑target increases and “overweight”/”buy” calls (JPMorgan raised its target to $72; Barclays to $69) give the stock upside narrative and may attract buyers. JPMorgan Raises Target Barclays Raises Target
  • Positive Sentiment: Favorable commodity setup — Market commentary highlights EQT’s leverage to any natural‑gas price recovery (company largely unhedged for 2026 and a low breakeven after midstream reintegration), supporting earnings upside if prices rise. (Market commentary: “Best Natural Gas Stocks” piece.)
  • Neutral Sentiment: Capital‑structure action — EQT launched a cash tender offer to repurchase up to $1.15B of senior notes and plans to redeem its 6.50% 2027 notes. This reduces interest burden over time but uses cash or revolver capacity in the near term, so the net effect depends on execution and funding. Debt Tender Article
  • Neutral Sentiment: Potential non‑core bids — Reports list EQT among bidders for an RCB (cricket club) sale approaching ~$2B. This is speculative and could signal opportunistic uses of capital or diversions of management attention depending on whether EQT pursues it. RCB Sale Report
  • Negative Sentiment: Financing/dilution and weak gas tape drove a recent sell‑off — Traders flagged a risk‑off move among gas producers after commentary that 2026 gas prices could remain pressured and after EQT related capital‑markets moves (equity issuance linked to deal funding, large tender/redemption plans). That analysis has been cited as a major reason for the sharper drop in the stock. QuiverQuant Analysis
  • Negative Sentiment: Insider selling — EVP Sarah Fenton sold 4,876 shares (filed with the SEC), reducing her stake; multiple recent insider sales at EQT have drawn investor attention and can be read as a slight negative signal on near‑term insider conviction. SEC Filing

About EQT

(Get Free Report)

EQT Corporation (NYSE: EQT) is a U.S.-based energy company focused on the exploration, development and production of natural gas. Headquartered in Pittsburgh, Pennsylvania, the company concentrates its upstream operations in the Appalachian Basin, producing from major shale formations including the Marcellus and Utica. EQT’s primary product is natural gas, with production activities supported by associated liquids and conventional gas assets where applicable.

In addition to drilling and well development, EQT operates and coordinates the infrastructure and commercial activities necessary to bring gas to market.

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