Expand Energy (NASDAQ:EXE) Stock Price Target Raised at Truist Financial

Key Points

• Truist Financial raised Expand Energy’s price target from $120 to $122 and maintained a “buy” rating, implying approximately 33.85% upside from the prior close. Analysts overall rate the stock “Moderate Buy,” with an average target of $123.21.
• Expand Energy exceeded third-quarter expectations, reporting $1.46 in EPS versus $1.29 expected and $3.29 billion in revenue versus $2.85 billion forecast. The company also declared a $0.575 quarterly dividend, an indicated annual yield of about 2.5%.
• Shares slipped 0.5% to $91.15, while weaker natural-gas prices have led the company to curb some production. Institutional investors own approximately 97.93% of the stock.

Expand Energy (NASDAQ:EXE - Get Free Report) had its price target upped by analysts at Truist Financial from $120.00 to $122.00 in a research report issued on Thursday, Benzinga reports. The firm presently has a "buy" rating on the stock. Truist Financial's price target would indicate a potential upside of 33.85% from the company's previous close.

Several other research firms have also weighed in on EXE. Morgan Stanley reduced their target price on Expand Energy from $129.00 to $124.00 and set an "overweight" rating on the stock in a report on Thursday, October 15th. Mizuho lowered their price target on Expand Energy from $145.00 to $138.00 and set an "outperform" rating for the company in a report on Tuesday, October 6th. Weiss Ratings lowered Expand Energy from a "hold (c+)" rating to a "hold (c)" rating in a research report on Wednesday, August 12th. Freedom Broker upgraded Expand Energy to a "strong-buy" rating in a report on Thursday, September 3rd. Finally, Scotiabank assumed coverage on Expand Energy in a research report on Wednesday, October 14th. They issued an "outperform" rating and a $111.00 price objective for the company. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Expand Energy currently has an average rating of "Moderate Buy" and an average target price of $123.21.

Expand Energy Trading Down 0.5%

Shares of EXE traded down $0.42 during trading hours on Thursday, hitting $91.15. 378,084 shares of the stock traded hands, compared to its average volume of 3,549,046. The firm has a market capitalization of $21.10 billion, a PE ratio of 7.89 and a beta of 0.41. Expand Energy has a 1-year low of $83.25 and a 1-year high of $126.62. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.19. The business has a fifty day moving average of $92.17 and a 200-day moving average of $96.92.

Expand Energy (NASDAQ:EXE - Get Free Report) last released its earnings results on Tuesday, October 27th. The company reported $1.46 EPS for the quarter, topping analysts' consensus estimates of $1.29 by $0.17. Expand Energy had a net margin of 20.46% and a return on equity of 10.33%. The firm had revenue of $3.29 billion during the quarter, compared to analyst estimates of $2.85 billion. Analysts expect that Expand Energy will post 8.59 EPS for the current year.

Institutional Trading of Expand Energy

Large investors have recently bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. purchased a new position in Expand Energy in the 3rd quarter worth $5,162,000. Vise Technologies Inc. lifted its position in Expand Energy by 134.8% during the third quarter. Vise Technologies Inc. now owns 8,727 shares of the company's stock valued at $734,000 after buying an additional 5,011 shares during the period. MGO One Seven LLC grew its stake in shares of Expand Energy by 23.2% in the 3rd quarter. MGO One Seven LLC now owns 10,144 shares of the company's stock worth $853,000 after buying an additional 1,909 shares during the last quarter. Brooklands Fund Management Ltd raised its holdings in Expand Energy by 1.5% in the third quarter. Brooklands Fund Management Ltd now owns 134,190 shares of the company's stock worth $11,284,000 after buying an additional 2,000 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its stake in Expand Energy by 8.2% during the 3rd quarter. D.A. Davidson & CO. now owns 15,020 shares of the company's stock valued at $1,263,000 after purchasing an additional 1,144 shares during the last quarter. 97.93% of the stock is owned by institutional investors and hedge funds.

Key Expand Energy News

Here are the key news stories impacting Expand Energy this week:

• Positive Sentiment: Q3 earnings and revenue significantly exceeded expectations. Expand Energy reported adjusted earnings of $1.46 per share versus the $1.29 consensus estimate, while revenue reached $3.29 billion compared with expectations of $2.85 billion. Earnings also increased from $0.97 per share a year earlier. The company reported a 20.46% net margin and 10.33% return on equity. Expand Energy Surpasses Q3 Earnings Estimates
• Positive Sentiment: Revenue growth was helped by the Twin Eagle deal. Coverage characterized the quarter as a record-breaking performance, with the Twin Eagle transaction contributing to an 83% revenue beat. The results have renewed focus on Expand Energy’s valuation and investment outlook, particularly as the stock trades at a relatively low reported P/E ratio of 7.91. Expand Energy Q3 2026: Twin Eagle Deal Drives an 83% Revenue Beat
• Positive Sentiment: Shareholder returns remain supported by the dividend. Expand Energy declared a quarterly dividend of $0.575 per share, or $2.30 annualized, representing an indicated yield of approximately 2.5%. The dividend is payable December 3 to shareholders of record November 12. Expand Energy Plans Quarterly Dividend
• Neutral Sentiment: Options activity reflects heightened uncertainty. Investors purchased 11,605 put options, 51% above average volume. This may indicate increased hedging or bearish positioning ahead of and after earnings, but it does not confirm the direction of the stock.
• Negative Sentiment: Lower natural-gas prices prompted production curtailments. Expand Energy said it is curbing some production as weaker prices reduce the immediate economics of selling additional gas. The move could protect cash flow, but it also signals commodity-price pressure and may limit near-term production and revenue growth. Expand Energy Curbs Some Production on Weaker Natural Gas Prices

About Expand Energy

Expand Energy Corporation NASDAQ: EXE is an independent energy company focused on the exploration, development and production of natural gas, crude oil and natural gas liquids in the United States. The company's activities include drilling and operating unconventional oil and gas wells, primarily in major shale formations.

Expand Energy was formed through the combination of Chesapeake Energy Corporation and Southwestern Energy Company, a transaction completed in October 2024. Chesapeake's portfolio included assets in the Marcellus, Haynesville and Eagle Ford shale plays, while Southwestern was also a major operator in the Appalachian and Haynesville regions.

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