APA (NASDAQ:APA) Price Target Raised to $37.00 at Piper Sandler

APA (NASDAQ:APA) had its target price increased by stock analysts at Piper Sandler from $30.00 to $37.00 in a report released on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Piper Sandler’s price objective would suggest a potential upside of 9.33% from the company’s current price.

APA has been the topic of a number of other reports. Stephens boosted their price target on shares of APA from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 17th. Citigroup raised their price objective on shares of APA from $24.00 to $25.00 and gave the company a “neutral” rating in a research note on Wednesday, November 26th. Roth Mkm boosted their target price on APA from $23.00 to $27.00 and gave the stock a “neutral” rating in a report on Thursday, February 26th. Raymond James Financial reaffirmed an “outperform” rating and set a $31.00 price target on shares of APA in a research note on Monday, November 24th. Finally, BMO Capital Markets lifted their price target on APA from $30.00 to $35.00 and gave the company a “market perform” rating in a research report on Tuesday, March 3rd. Seven research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, APA currently has a consensus rating of “Hold” and an average price target of $29.92.

APA Stock Performance

APA stock traded up $0.87 during trading on Thursday, reaching $33.84. 2,957,221 shares of the company’s stock were exchanged, compared to its average volume of 7,140,940. APA has a 1-year low of $13.58 and a 1-year high of $34.16. The firm has a market cap of $11.95 billion, a PE ratio of 8.49, a P/E/G ratio of 16.50 and a beta of 0.67. The company’s fifty day moving average price is $27.51 and its 200-day moving average price is $25.20. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.61.

APA (NASDAQ:APA) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.29. The company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.89 billion. APA had a return on equity of 19.89% and a net margin of 15.55%.The company’s quarterly revenue was down 26.6% compared to the same quarter last year. During the same period last year, the company earned $0.79 earnings per share. On average, research analysts expect that APA will post 4.03 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Deseret Mutual Benefit Administrators boosted its stake in shares of APA by 276.7% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 1,213 shares of the company’s stock worth $29,000 after acquiring an additional 891 shares in the last quarter. Summit Securities Group LLC raised its position in shares of APA by 115.1% during the fourth quarter. Summit Securities Group LLC now owns 1,327 shares of the company’s stock worth $32,000 after purchasing an additional 710 shares during the period. Atlantic Union Bankshares Corp purchased a new stake in shares of APA during the third quarter valued at $34,000. Spire Wealth Management boosted its position in shares of APA by 179.6% in the 3rd quarter. Spire Wealth Management now owns 1,521 shares of the company’s stock valued at $37,000 after purchasing an additional 977 shares during the period. Finally, Camelot Portfolios LLC acquired a new position in shares of APA in the 4th quarter valued at $37,000. Institutional investors own 83.01% of the company’s stock.

Key APA News

Here are the key news stories impacting APA this week:

• Positive Sentiment: RBC Capital raised its price target to $29 (from $26) and cited stronger oil prices and earnings momentum as support for the shares, giving additional upward pressure on sentiment. RBC Capital Raises APA Target
• Positive Sentiment: Capital One increased its price target to $32 and maintained an Overweight rating — another bullish broker move that supports upside expectations. Capital One target raise
• Positive Sentiment: Jefferies raised its price target (coverage note reported) and Wolfe Research published a bullish outlook forecasting strong price appreciation, adding to the constructive analyst tone around APA. Jefferies increases target Wolfe Research bullish note
• Positive Sentiment: A bullish deep-dive on Seeking Alpha argues APA remains undervalued while advancing operationally, which can attract value-oriented investors and support the rally. Seeking Alpha bullish piece
• Neutral Sentiment: Goldman Sachs raised its target to $29 from $23 but kept a Sell rating — the higher target narrows downside risk but the persistent sell call tempers the positive signal. Goldman Sachs update
• Neutral Sentiment: Reported short-interest figures for early March appear anomalous (showing zero/NaN) and are not providing a meaningful signal on squeeze risk or bearish positioning at this time.
• Negative Sentiment: Zacks Research trimmed near-term EPS estimates — lowering Q2 2026 and Q4 2026 EPS forecasts to $0.44 and $0.46 respectively and publishing a FY2028 EPS projection of $2.64 — and keeps a Hold rating. Lower near-term estimates add caution on near-term earnings momentum.

About APA

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.