Susquehanna Issues Pessimistic Forecast for APA (NASDAQ:APA) Stock Price

APA (NASDAQ:APA) had its price objective decreased by equities research analysts at Susquehanna from $47.00 to $45.00 in a report issued on Tuesday, Marketbeat Ratings reports. The brokerage presently has a “positive” rating on the stock. Susquehanna’s target price suggests a potential upside of 24.38% from the company’s previous close.

Other research analysts also recently issued research reports about the company. Stephens upped their price objective on APA from $43.00 to $47.00 in a research note on Wednesday, June 10th. The Goldman Sachs Group cut their target price on shares of APA from $34.00 to $32.00 and set a “sell” rating on the stock in a research report on Tuesday, June 30th. Scotiabank boosted their target price on shares of APA from $26.00 to $36.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 22nd. Wolfe Research upped their price target on shares of APA from $45.00 to $47.00 and gave the company an “outperform” rating in a research report on Monday, April 6th. Finally, JPMorgan Chase & Co. upped their price target on shares of APA from $38.00 to $41.00 in a research report on Friday, May 8th. Eight equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, APA presently has a consensus rating of “Hold” and a consensus target price of $40.35.

APA Trading Up 1.1%

Shares of APA stock opened at $36.18 on Tuesday. APA has a twelve month low of $17.86 and a twelve month high of $45.66. The stock’s fifty day simple moving average is $35.63 and its 200 day simple moving average is $33.82. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $12.79 billion, a P/E ratio of 8.43 and a beta of 0.35.

APA (NASDAQ:APA) last posted its earnings results on Wednesday, May 6th. The company reported $1.38 EPS for the quarter, beating the consensus estimate of $1.11 by $0.27. APA had a return on equity of 20.70% and a net margin of 17.38%.The firm had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.13 billion. During the same period last year, the company earned $1.06 earnings per share. The business’s quarterly revenue was down 11.7% on a year-over-year basis. As a group, sell-side analysts predict that APA will post 4.92 EPS for the current fiscal year.

Insider Transactions at APA

In other APA news, VP Mark D. Maddox sold 9,800 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $40.04, for a total transaction of $392,392.00. Following the transaction, the vice president directly owned 66,810 shares in the company, valued at approximately $2,675,072.40. This represents a 12.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.73% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of APA. Arrowstreet Capital Limited Partnership grew its holdings in APA by 1,726.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 4,834,502 shares of the company’s stock worth $205,176,000 after purchasing an additional 4,569,779 shares during the period. Goldman Sachs Group Inc. increased its stake in APA by 76.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 7,171,963 shares of the company’s stock valued at $175,426,000 after purchasing an additional 3,117,032 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of APA by 157.1% during the second quarter. AQR Capital Management LLC now owns 3,060,135 shares of the company’s stock valued at $55,970,000 after purchasing an additional 1,869,891 shares during the period. Morgan Stanley raised its holdings in shares of APA by 21.8% during the fourth quarter. Morgan Stanley now owns 10,425,586 shares of the company’s stock valued at $255,010,000 after purchasing an additional 1,864,900 shares during the period. Finally, First Trust Advisors LP boosted its position in shares of APA by 55.0% during the 1st quarter. First Trust Advisors LP now owns 4,154,301 shares of the company’s stock worth $176,309,000 after purchasing an additional 1,473,626 shares in the last quarter. Institutional investors and hedge funds own 83.01% of the company’s stock.

Key Headlines Impacting APA

Here are the key news stories impacting APA this week:

• Positive Sentiment: Zacks Research raised earnings estimates for APA in several future periods, including Q4 2027, Q2 2027, Q1 2027, Q4 2026, and FY2028, suggesting improved longer-term earnings potential.
• Neutral Sentiment: Zacks Research initiated or reiterated a Hold rating on APA and kept its FY2026 and Q2 2026 estimates in line with current expectations, which does not materially change the near-term outlook.
• Neutral Sentiment: Susquehanna lowered its price target on APA from $47 to $45, but maintained a positive rating, implying continued upside from current levels despite a slightly less bullish valuation view. Article: Susquehanna lowers APA price target
• Negative Sentiment: Some near-term earnings estimates were cut, including Q3 2026 and Q1 2028, which could temper enthusiasm if investors are focused on shorter-term results.

APA Company Profile

APA Corporation (NASDAQ: APA) is an independent exploration and production company engaged in the acquisition, development and production of oil and natural gas resources. The company operates through three core regions: the United States, Egypt and the North Sea. Through its integrated approach, APA combines geological and geophysical expertise with technical innovation to identify and develop hydrocarbons in both onshore and offshore settings.

In the United States, APA’s largest position is in the Permian Basin of West Texas and southeastern New Mexico, where it holds substantial acreage dedicated to oil-focused drilling and production.