Analysts Set Expectations for APA’s Q4 Earnings (NASDAQ:APA)

APA Corporation (NASDAQ:APA) – Zacks Research increased their Q4 2026 earnings per share (EPS) estimates for APA in a note issued to investors on Tuesday, May 19th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $0.62 for the quarter, up from their previous forecast of $0.48. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for APA’s current full-year earnings is $5.20 per share. Zacks Research also issued estimates for APA’s Q3 2027 earnings at $0.60 EPS, Q4 2027 earnings at $0.42 EPS and FY2028 earnings at $2.83 EPS.

A number of other equities research analysts have also recently issued reports on APA. Wells Fargo & Company boosted their target price on shares of APA from $21.00 to $39.00 and gave the company an “equal weight” rating in a research report on Thursday, April 9th. Wolfe Research upped their price target on APA from $45.00 to $47.00 and gave the company an “outperform” rating in a research report on Monday, April 6th. Sanford C. Bernstein lifted their price objective on APA from $37.00 to $40.00 and gave the stock a “market perform” rating in a research note on Monday, May 11th. Susquehanna increased their target price on shares of APA from $37.00 to $47.00 and gave the company a “positive” rating in a research report on Tuesday, April 21st. Finally, Benchmark boosted their price target on shares of APA from $33.00 to $40.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seventeen have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $39.92.

APA Stock Up 1.9%

Shares of APA stock opened at $40.91 on Wednesday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.92 and a quick ratio of 0.92. The company has a market capitalization of $14.46 billion, a P/E ratio of 9.54 and a beta of 0.38. The business has a 50-day moving average of $38.49 and a two-hundred day moving average of $30.33. APA has a 1 year low of $16.15 and a 1 year high of $45.66.

APA (NASDAQ:APA) last announced its quarterly 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. The business had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.13 billion. APA had a return on equity of 20.70% and a net margin of 17.38%.APA’s quarterly revenue was down 11.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.06 EPS.

Hedge Funds Weigh In On APA

Institutional investors have recently made changes to their positions in the stock. Arkadios Wealth Advisors lifted its stake in shares of APA by 3.5% in the 1st quarter. Arkadios Wealth Advisors now owns 79,048 shares of the company’s stock valued at $3,355,000 after acquiring an additional 2,703 shares during the last quarter. Altshuler Shaham Ltd boosted its holdings in shares of APA by 36.7% during the first quarter. Altshuler Shaham Ltd now owns 1,229 shares of the company’s stock worth $52,000 after purchasing an additional 330 shares during the period. Amundi purchased a new position in APA during the 1st quarter valued at about $584,000. EverSource Wealth Advisors LLC raised its holdings in shares of APA by 27.5% during the first quarter. EverSource Wealth Advisors LLC now owns 5,482 shares of the company’s stock valued at $233,000 after acquiring an additional 1,181 shares in the last quarter. Finally, Empyrean Capital Partners LP purchased a new stake in shares of APA in the 1st quarter worth about $6,026,000. Institutional investors own 83.01% of the company’s stock.

Insider Buying and Selling at APA

In related news, Director Matthew Regis Bob sold 23,000 shares of APA stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $36.23, for a total value of $833,290.00. Following the sale, the director owned 6,634 shares of the company’s stock, valued at approximately $240,349.82. The trade was a 77.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.73% of the stock is owned by corporate insiders.

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.