EQT (EQT) Stock Forecast & Price Target

$45.44 +0.16 (+0.35%)

(As of 11/29/2024 05:27 PM ET)

EQT - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 18 Analyst Ratings

Sell
0

Hold
7

Buy
11

Based on 18 Wall Street analysts who have issued ratings for EQT in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 18 analysts, 7 have given a hold rating, and 11 have given a buy rating for EQT.

Consensus Price Target

$44.67
-1.70% Downside

According to the 18 analysts' twelve-month price targets for EQT, the average price target is $44.67. The highest price target for EQT is $56.00, while the lowest price target for EQT is $34.00. The average price target represents a forecasted downside of -1.70% from the current price of $45.44.

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EQT Analyst Ratings Over Time

Type	Current Forecast 12/1/23 to 11/30/24	1 Month Ago 11/1/23 to 10/31/24	3 Months Ago 9/2/23 to 9/1/24	1 Year Ago 12/1/22 to 12/1/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	11 Buy rating(s)	11 Buy rating(s)	9 Buy rating(s)	10 Buy rating(s)
Hold	7 Hold rating(s)	7 Hold rating(s)	7 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$44.67	$42.17	$44.35	$46.38
Forecasted Upside	-1.70% Downside	15.37% Upside	32.36% Upside	15.25% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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EQT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

EQT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

EQT Stock vs. The Competition

Type	EQT	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.61	2.62	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	-1.77% Downside	1,528.11% Upside	6.53% Upside
News Sentiment Rating	Positive News See Recent EQT News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/26/2024	Mizuho 2 of 5 stars		Boost Target	Neutral ➝ Neutral	$45.00 ➝ $48.00	+6.88%
11/26/2024	Truist Financial 2 of 5 stars		Boost Target	Hold ➝ Hold	$32.00 ➝ $41.00	-10.77%
11/25/2024	Wells Fargo & Company 3 of 5 stars	R. Read Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$42.00 ➝ $52.00	+9.82%
11/25/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$45.00 ➝ $56.00	+17.52%
11/4/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Lear Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$32.00 ➝ $34.00	-7.03%
11/4/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$40.00 ➝ $42.00	+15.32%
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10/30/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$37.00 ➝ $38.00	-1.12%
10/28/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$50.00	+35.94%
10/4/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$39.00 ➝ $40.00	+6.89%
10/3/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Diamond Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$37.00 ➝ $44.00	+19.68%
9/26/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$37.00 ➝ $39.00	+10.67%
7/18/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$51.00	+43.30%
7/12/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Bean Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sector Outperform ➝ Sector Outperform	$54.00 ➝ $55.00	+47.81%
6/4/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$43.00 ➝ $48.00	+18.90%
4/19/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$43.00	+18.07%
4/10/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Market Perform	$27.00 ➝ $34.00	-10.38%
4/2/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$48.00 ➝ $43.00	+17.55%
3/5/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$46.00	+21.53%
6/20/2023	Tudor Pickering Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
6/20/2023	Tudor, Pickering, Holt & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
2/17/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$60.00 ➝ $50.00	+62.76%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 01:27 AM ET.

Should I Buy EQT Stock? EQT Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, November 26, 2024. Please send any questions or comments about these EQT pros and cons to contact@marketbeat.com.

EQT
Bull Case

Here are some ways that investors could benefit from investing in EQT Co.:

Recent upgrades from multiple analysts, including a target price increase from BMO Capital Markets to $40.00, indicate strong market confidence in EQT Co.'s performance.
The current stock price is $45.92, which is near its 1-year high of $48.02, suggesting potential for further appreciation.
EQT Co. reported a quarterly earnings per share (EPS) of $0.12, exceeding analysts' expectations, which reflects strong operational performance.
The company has a consensus rating of "Moderate Buy" from analysts, with a target price averaging $42.83, indicating positive sentiment in the market.
With a dividend yield of 1.37% and a consistent dividend payout ratio of 75.00%, EQT Co. provides a steady income stream for investors.

EQT
Bear Case

Investors should be bearish about investing in EQT Co. for these reasons:

The company has a relatively high P/E ratio of 54.67, which may indicate that the stock is overvalued compared to its earnings.
Despite a year-over-year revenue increase of 8.2%, EQT Co. reported revenue of $1.28 billion, which fell short of analysts' expectations of $1.35 billion.
One analyst has rated the stock with a sell rating, suggesting that there are concerns about its future performance.
The company has a debt-to-equity ratio of 0.65, which, while manageable, indicates that it relies on debt financing, potentially increasing financial risk.
Market volatility, as indicated by a beta of 1.06, suggests that EQT Co.'s stock price may be more sensitive to market fluctuations, posing a risk for investors.

EQT Forecast - Frequently Asked Questions

: According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for EQT is $44.67, with a high forecast of $56.00 and a low forecast of $34.00.
: 18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for EQT in the last twelve months. There are currently 7 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" EQT shares.
: According to analysts, EQT's stock has a predicted downside of -1.70% based on their 12-month stock forecasts.
: Over the previous 90 days, EQT's stock had 1 upgrade by analysts.
: EQT has been rated by research analysts at Bank of America, BMO Capital Markets, Citigroup, JPMorgan Chase & Co., Mizuho, Morgan Stanley, Piper Sandler, Stephens, Truist Financial, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like EQT less than other "oils/energy" companies. The consensus rating score for EQT is 2.61 while the average consensus rating score for "oils/energy" companies is 2.62. Learn more on how EQT compares to other companies.

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This page (NYSE:EQT) was last updated on 11/30/2024 by MarketBeat.com Staff

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EQT (EQT) Stock Forecast & Price Target