Scotiabank Lowers EQT (NYSE:EQT) Price Target to $63.00

EQT (NYSE:EQT) had its price target decreased by investment analysts at Scotiabank from $67.00 to $63.00 in a note issued to investors on Wednesday, Marketbeat.com reports. The firm currently has a “sector perform” rating on the oil and gas producer’s stock. Scotiabank’s target price suggests a potential upside of 15.11% from the stock’s current price.

A number of other equities analysts also recently issued reports on the stock. UBS Group lifted their price objective on shares of EQT from $67.00 to $76.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Barclays dropped their price target on shares of EQT from $67.00 to $64.00 and set an “overweight” rating on the stock in a research report on Wednesday. Siebert Williams Shank reduced their price objective on shares of EQT from $62.00 to $59.00 and set a “hold” rating for the company in a research report on Monday, October 13th. Sanford C. Bernstein lifted their target price on shares of EQT from $72.00 to $73.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. Finally, Wolfe Research cut their target price on EQT from $70.00 to $61.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. Nineteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $63.86.

EQT Stock Performance

Shares of EQT stock opened at $54.73 on Wednesday. EQT has a 52 week low of $43.57 and a 52 week high of $62.23. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.29. The business has a 50 day moving average price of $55.41 and a 200-day moving average price of $54.26. The company has a market cap of $34.16 billion, a PE ratio of 18.74, a price-to-earnings-growth ratio of 0.41 and a beta of 0.68.

EQT (NYSE:EQT) last announced its earnings results on Tuesday, October 21st. The oil and gas producer reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02. The company had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.78 billion. EQT had a return on equity of 6.88% and a net margin of 22.59%.EQT’s quarterly revenue was up 52.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.12 earnings per share. Equities analysts anticipate that EQT will post 3.27 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other EQT news, EVP J.E.B. Bolen sold 1,422 shares of the business’s stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $52.79, for a total value of $75,067.38. Following the transaction, the executive vice president directly owned 69,486 shares in the company, valued at $3,668,165.94. The trade was a 2.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.65% of the stock is currently owned by insiders.

Institutional Investors Weigh In On EQT

A number of hedge funds have recently modified their holdings of EQT. Sound Shore Management Inc CT purchased a new position in EQT during the 2nd quarter valued at about $67,539,000. Reaves W H & Co. Inc. lifted its stake in EQT by 213.3% in the 3rd quarter. Reaves W H & Co. Inc. now owns 1,029,234 shares of the oil and gas producer’s stock worth $56,021,000 after purchasing an additional 700,732 shares in the last quarter. SG Americas Securities LLC boosted its holdings in EQT by 1,286.2% in the 2nd quarter. SG Americas Securities LLC now owns 735,936 shares of the oil and gas producer’s stock valued at $42,920,000 after purchasing an additional 682,844 shares during the period. Sound Shore Management Inc CT grew its position in shares of EQT by 31.8% during the 3rd quarter. Sound Shore Management Inc CT now owns 1,526,821 shares of the oil and gas producer’s stock valued at $83,105,000 after purchasing an additional 368,748 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp increased its holdings in shares of EQT by 116.4% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 534,485 shares of the oil and gas producer’s stock worth $29,092,000 after purchasing an additional 287,538 shares during the period. Institutional investors own 90.81% of the company’s stock.

More EQT News

Here are the key news stories impacting EQT this week:

• Positive Sentiment: EQT agreed to acquire Coller Capital in a deal reported at roughly $3.2–$3.7 billion, diversifying the company into private‑equity secondaries and giving management a new growth channel outside traditional gas production. EQT to Acquire Private Equity Firm Coller Capital For Up to $3.7 Billion
• Positive Sentiment: FY‑2025 results showed improved EBITDA margin and an adjusted profit beat that traders cited as supportive of the stock, reinforcing cash‑generation and capital flexibility for deals and buybacks. EQT shares rise 4% after FY25 earnings beat and $3.2 bln Coller Capital deal
• Positive Sentiment: Multiple buy recommendations and intraday “buy” calls lifted sentiment and likely amplified the initial rally, signaling continued investor interest in EQT as a play on natural gas and diversification. EQT Corp. (EQT) Soars 7% on Buy Reco
• Neutral Sentiment: EQT scheduled its Q4 and year‑end 2025 results release for Feb 17 and a conference call on Feb 18 — a routine event but one that will provide updated guidance and details on the Coller deal. EQT Corporation Schedules Fourth Quarter and Year-End 2025 Earnings Release and Conference Call
• Neutral Sentiment: Management is signaling strategic moves beyond U.S. gas (including overseas markets and tech/AI investments in portfolio companies), which could broaden long‑term revenue streams but increases execution risk. US natural gas producer EQT eyes overseas markets
• Negative Sentiment: Several major brokers cut price targets this week (Goldman, Scotiabank, Barclays, Stephens trimmed their targets), a signal that analysts see limited near‑term upside from current valuation or are incorporating deal‑related dilution/cash needs; this put downward pressure on the stock after the initial rally. Goldman Sachs adjusts price target on EQT to $66 from $70
• Negative Sentiment: FY‑2025 net income was reported lower on weaker revenues despite margin gains — a reminder that commodity exposure still ties results to gas prices and volumes. EQT AB FY25 Net Income Down On Weak Revenues; EBITDA, Margin Rise; To Buy Coller Capital

About EQT

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.