APA (NASDAQ:APA) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

APA (NASDAQ:APAGet Free Report) had its price objective lifted by Wells Fargo & Company from $21.00 to $39.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price target indicates a potential downside of 1.55% from the company’s current price.

Several other equities research analysts also recently weighed in on APA. JPMorgan Chase & Co. raised their price target on APA from $29.00 to $38.00 and gave the stock a “neutral” rating in a report on Friday, March 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of APA in a report on Monday, December 29th. BMO Capital Markets boosted their price target on APA from $35.00 to $47.00 and gave the company a “market perform” rating in a report on Tuesday. Benchmark boosted their price target on APA from $33.00 to $40.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Finally, Sanford C. Bernstein decreased their price target on APA from $26.00 to $25.00 and set a “market perform” rating for the company in a report on Monday, January 5th. Seven equities research analysts have rated the stock with a Buy rating, twenty have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, APA currently has a consensus rating of “Hold” and a consensus target price of $37.23.

Read Our Latest Analysis on APA

APA Price Performance

APA opened at $39.62 on Thursday. The business’s 50-day moving average is $33.30 and its two-hundred day moving average is $27.55. APA has a 1 year low of $14.10 and a 1 year high of $45.66. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market capitalization of $13.99 billion, a PE ratio of 9.95 and a beta of 0.49.

APA (NASDAQ:APAGet Free Report) last posted its earnings results on Wednesday, February 25th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm’s quarterly revenue was down 26.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.79 earnings per share. Research analysts anticipate that APA will post 4.03 earnings per share for the current fiscal year.

Insider Activity at APA

In related news, Director Matthew Regis Bob sold 23,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $36.23, for a total transaction of $833,290.00. Following the transaction, the director owned 6,634 shares in the company, valued at $240,349.82. This trade represents a 77.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.69% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of APA. Rockefeller Capital Management L.P. boosted its stake in APA by 0.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 106,667 shares of the company’s stock valued at $2,609,000 after purchasing an additional 375 shares in the last quarter. Coldstream Capital Management Inc. lifted its holdings in shares of APA by 1.4% in the fourth quarter. Coldstream Capital Management Inc. now owns 28,171 shares of the company’s stock valued at $689,000 after purchasing an additional 396 shares in the last quarter. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of APA by 3.2% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 14,648 shares of the company’s stock valued at $358,000 after purchasing an additional 461 shares in the last quarter. Howard Capital Management Inc. lifted its holdings in shares of APA by 0.5% in the third quarter. Howard Capital Management Inc. now owns 94,848 shares of the company’s stock valued at $2,303,000 after purchasing an additional 485 shares in the last quarter. Finally, one8zero8 LLC lifted its holdings in shares of APA by 1.2% in the third quarter. one8zero8 LLC now owns 42,254 shares of the company’s stock valued at $1,026,000 after purchasing an additional 488 shares in the last quarter. Hedge funds and other 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: Major analyst price-target lifts from RBC (to $45) and BMO (to $47) increase upside expectations and signal institutional support; both firms kept neutral/market‑perform ratings but raised targets materially. RBC raises price target on APA BMO raises price target on APA
  • Positive Sentiment: APA reported a new onshore gas discovery in Egypt’s Western Desert — a production/resource development item that can improve medium‑term reserves and diversify production mix away from crude exposure. APA’s New Egypt Gas Find Raises Questions
  • Positive Sentiment: Analyst commentary (Wolfe Research) and Zacks momentum ranking highlight continued analyst interest and positive technical/momentum factors that support further share strength. Wolfe Research bullish on APA Zacks: APA top-ranked momentum stock
  • Neutral Sentiment: Analytical pieces assessing whether APA’s large one‑year rally (100%+ range) leaves it overextended — useful for investor positioning but not immediate catalysts. Is It Too Late To Consider APA
  • Negative Sentiment: Short‑term sell pressure after a sharp drop in crude prices tied to a reported two‑week US‑Iran ceasefire led APA to fall sharply alongside peers; oil sensitivity remains the primary downside risk. APA Corp. Tumbles on Oil Plunge
  • Negative Sentiment: Broader coverage noting that some energy stocks are sliding despite market rallies after the ceasefire — underscores sector correlation to geopolitics and oil moves. Investopedia: These Stocks Are Sliding

APA Company Profile

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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.

Further Reading

Analyst Recommendations for APA (NASDAQ:APA)

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