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EQT (EQT) Stock Forecast & Price Target

EQT logo
$46.88 +0.34 (+0.73%)
(As of 11/21/2024 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

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

$42.83
-8.64% Downside
According to the 18 analysts' twelve-month price targets for EQT, the average price target is $42.83. The highest price target for EQT is $55.00, while the lowest price target for EQT is $32.00. The average price target represents a forecasted downside of -8.64% from the current price of $46.89.
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EQT Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
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)
10 Buy rating(s)
9 Buy rating(s)
10 Buy rating(s)
Hold
7 Hold rating(s)
7 Hold rating(s)
8 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$42.83$42.18$44.67$46.31
Forecasted Upside-8.64% Downside17.25% Upside32.80% Upside14.89% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

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.
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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.
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EQT Stock vs. The Competition

TypeEQTOils/Energy CompaniesS&P 500
Consensus Rating Score
2.61
2.62
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-8.64% Downside1,511.15% Upside8.55% Upside
News Sentiment Rating
Positive News

See Recent EQT News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/5/2024Mizuho
2 of 5 stars
 Boost TargetNeutral ➝ Neutral$41.00 ➝ $45.00+19.46%
11/4/2024Piper Sandler
2 of 5 stars
M. Lear
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Boost TargetNeutral ➝ Neutral$32.00 ➝ $34.00-7.03%
11/4/2024UBS Group
4 of 5 stars
 Boost TargetNeutral ➝ Neutral$40.00 ➝ $42.00+15.32%
10/30/2024Stephens
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 Boost TargetEqual Weight ➝ Equal Weight$37.00 ➝ $38.00-1.12%
10/28/2024Bank of America
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 Initiated CoverageBuy$50.00+35.94%
10/4/2024BMO Capital Markets
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 Boost TargetOutperform ➝ Outperform$39.00 ➝ $40.00+6.89%
10/3/2024Citigroup
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P. Diamond
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UpgradeNeutral ➝ Buy$37.00 ➝ $44.00+19.68%
9/26/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$37.00 ➝ $39.00+10.67%
9/13/2024Morgan Stanley
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 Reiterated RatingOverweight ➝ Overweight$45.00 ➝ $45.00+36.94%
8/14/2024Wells Fargo & Company
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R. Read
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UpgradeEqual Weight ➝ Overweight$40.00 ➝ $42.00+34.83%
7/22/2024Truist Financial
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 Lower TargetHold ➝ Hold$36.00 ➝ $32.00-10.76%
7/18/2024Wolfe Research
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 Initiated CoverageOutperform$51.00+43.30%
7/12/2024Scotiabank
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C. Bean
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Boost TargetSector Outperform ➝ Sector Outperform$54.00 ➝ $55.00+47.81%
6/4/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$43.00 ➝ $48.00+18.90%
4/19/2024TD Cowen
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 Initiated CoverageHold$43.00+18.07%
4/10/2024Sanford C. Bernstein
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 UpgradeUnderperform ➝ Market Perform$27.00 ➝ $34.00-10.38%
4/2/2024The Goldman Sachs Group
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 Lower TargetBuy ➝ Buy$48.00 ➝ $43.00+17.55%
3/5/2024Royal Bank of Canada
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 Reiterated RatingOutperform ➝ Outperform$46.00+21.53%
6/20/2023Tudor Pickering
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 UpgradeHold ➝ Buy
6/20/2023Tudor, Pickering, Holt & Co.
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 UpgradeHold ➝ Buy
2/17/2023TD Securities
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 Lower TargetBuy$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 Thursday at 08:25 PM 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 Thursday, October 31, 2024. Please send any questions or comments about these EQT pros and cons to contact@marketbeat.com.

EQT
Bull Case

green Wall Street bull icon

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

  • EQT Co.'s stock price is currently trading at a discount compared to its historical averages, presenting a potential buying opportunity for investors.
  • Positive earnings results with EQT Co. beating the consensus estimate, indicating strong financial performance.
  • Consistent dividend payments with a reasonable dividend yield, providing investors with a steady income stream.
  • Analysts' price targets suggest potential upside for EQT Co.'s stock, indicating growth opportunities.
  • EQT Co.'s focus on natural gas production in the United States aligns with the increasing demand for cleaner energy sources, positioning the company well for future growth.

EQT
Bear Case

red Wall Street bear icon

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

  • Volatility in the oil and gas industry can impact EQT Co.'s stock price, leading to potential fluctuations in investment returns.
  • Market analysts have issued mixed ratings on EQT Co.'s stock, indicating uncertainty about the company's future performance.
  • Decline in quarterly revenue compared to analyst estimates may raise concerns about EQT Co.'s ability to meet financial expectations.
  • Recent reduction in price targets by some financial institutions may signal caution regarding EQT Co.'s growth prospects.
  • Debt-to-equity ratio of EQT Co. is a factor to consider as it reflects the company's financial leverage and risk exposure.

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 $42.83, with a high forecast of $55.00 and a low forecast of $32.00.

18 Wall Street 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 analysts is that investors should "moderate buy" EQT shares.

According to analysts, EQT's stock has a predicted downside of -8.64% 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, and UBS Group 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.


This page (NYSE:EQT) was last updated on 11/21/2024 by MarketBeat.com Staff
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