EQT (NYSE:EQT) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

EQT (NYSE:EQT) had its price target increased by investment analysts at Wells Fargo & Company from $66.00 to $70.00 in a research note issued on Friday,MarketScreener reports. The brokerage presently has an “overweight” rating on the oil and gas producer’s stock. Wells Fargo & Company‘s target price would suggest a potential upside of 15.72% from the company’s previous close.

Other equities research analysts have also recently issued reports about the company. Wall Street Zen upgraded EQT from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. Citigroup decreased their target price on shares of EQT from $63.00 to $62.00 and set a “buy” rating for the company in a research report on Friday, December 19th. JPMorgan Chase & Co. boosted their price objective on EQT from $58.00 to $68.00 and gave the stock an “overweight” rating in a research report on Thursday. Sanford C. Bernstein lifted their target price on EQT from $72.00 to $73.00 and gave the company an “outperform” rating in a research note on Monday, January 5th. Finally, Capital One Financial boosted their price target on EQT from $52.00 to $55.00 and gave the stock an “overweight” rating in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, EQT currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.27.

EQT Stock Up 1.2%

NYSE EQT traded up $0.72 on Friday, hitting $60.49. 12,240,416 shares of the stock traded hands, compared to its average volume of 9,267,684. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.27. The stock has a 50-day moving average of $54.68 and a 200 day moving average of $54.55. EQT has a twelve month low of $43.57 and a twelve month high of $62.23. The company has a market capitalization of $37.76 billion, a P/E ratio of 18.27, a price-to-earnings-growth ratio of 0.47 and a beta of 0.74.

EQT (NYSE:EQT) last posted its quarterly earnings results on Tuesday, February 17th. The oil and gas producer reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.17. EQT had a return on equity of 7.25% and a net margin of 23.59%.The business had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.13 billion. During the same period in the prior year, the company posted $0.69 EPS. The business’s revenue was up 24.8% compared to the same quarter last year. As a group, analysts expect that EQT will post 3.27 earnings per share for the current fiscal year.

Hedge Funds Weigh In On EQT

A number of hedge funds have recently modified their holdings of EQT. Sound Shore Management Inc CT acquired a new position in EQT during the second quarter valued at $67,539,000. Reaves W H & Co. Inc. increased its stake in shares of EQT by 213.3% in the third 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 acquiring an additional 700,732 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of EQT by 1,286.2% during the second quarter. SG Americas Securities LLC now owns 735,936 shares of the oil and gas producer’s stock worth $42,920,000 after acquiring an additional 682,844 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its position in EQT by 116.4% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 534,485 shares of the oil and gas producer’s stock valued at $29,092,000 after purchasing an additional 287,538 shares during the last quarter. Finally, KTF Investments LLC purchased a new position in EQT in the fourth quarter valued at about $8,885,000. 90.81% of the stock is currently owned by institutional investors and hedge funds.

More EQT News

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Q4 earnings beat and operational drivers — EQT reported quarterly results that topped EPS expectations, driven by higher realized gas-equivalent prices and stronger sales volumes, which underpinned the earnings beat. Article Title
• Positive Sentiment: Large free cash flow and upgraded 2026 outlook — Management highlighted roughly $750M of Q4 free cash flow and raised 2026 production guidance while increasing its ownership in the Mountain Valley Pipeline to about 53%, signaling more control of midstream capacity and flexibility to fund buybacks, debt paydown or reinvestment. Article Title Article Title
• Positive Sentiment: Analyst upgrades lift sentiment — TD Cowen raised its target to $70 (buy) and JPMorgan lifted its target to $68 (overweight), both citing the company’s improved cash profile and outlook, which supports upside from current trading levels. TD Cowen Article JPMorgan Article
• Neutral Sentiment: CEO starts nonprofit with the Rockefellers — Toby Rice is launching a nonprofit to address energy access in low-income countries; positive for ESG/brand but unlikely to move fundamentals near-term. Article Title
• Neutral Sentiment: Call transcripts and summaries available — Full earnings call transcript and third‑party summaries provide more detail on capital allocation, production plans and commodity sensitivities for investors doing deeper due diligence. Call Transcript Earnings Summary
• Neutral Sentiment: Analyst/industry takeaways — Independent pieces (e.g., Seeking Alpha) are highlighting the strategic implications of the company’s “2x” production ambitions; useful for medium-term thesis but not an immediate catalyst. Seeking Alpha

EQT Company Profile

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.