Mizuho Issues Pessimistic Forecast for Expand Energy (NASDAQ:EXE) Stock Price

Key Points

• Mizuho lowered Expand Energy’s price target from $145 to $138 while maintaining an “outperform” rating, implying approximately 59.7% upside from the stock’s $86.43 price.
• Analyst sentiment remains broadly positive: Expand Energy has a consensus “Moderate Buy” rating and an average price target of $125.32, despite several recent target-price reductions.
• The company beat quarterly EPS expectations, reporting $1.33 versus the $1.13 consensus, although revenue of $2.96 billion came in below the $3.05 billion estimate. Institutional investors own 97.93% of the stock.

Expand Energy (NASDAQ:EXE - Get Free Report) had its target price dropped by Mizuho from $145.00 to $138.00 in a research note issued on Tuesday, Benzinga reports. The brokerage currently has an "outperform" rating on the stock. Mizuho's price objective points to a potential upside of 59.67% from the company's current price.

Other equities research analysts have also recently issued reports about the stock. Roth Capital reaffirmed a "neutral" rating and issued a $93.00 target price on shares of Expand Energy in a research report on Wednesday, July 29th. Wolfe Research reiterated an "outperform" rating and set a $114.00 price target on shares of Expand Energy in a research report on Wednesday, July 29th. Jefferies Financial Group decreased their price target on shares of Expand Energy from $143.00 to $136.00 and set a "buy" rating for the company in a research note on Thursday. Stifel Nicolaus assumed coverage on shares of Expand Energy in a report on Wednesday, September 9th. They issued a "buy" rating and a $135.00 price objective for the company. Finally, Raymond James Financial cut their price objective on Expand Energy from $147.00 to $141.00 and set a "strong-buy" rating on the stock in a research report on Monday. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $125.32.

Expand Energy Price Performance

EXE opened at $86.43 on Tuesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.96 and a current ratio of 0.96. The stock has a market capitalization of $20.01 billion, a PE ratio of 7.46 and a beta of 0.41. The stock's 50 day moving average price is $93.07 and its 200-day moving average price is $94.54. Expand Energy has a 52-week low of $83.25 and a 52-week high of $126.62.

Expand Energy (NASDAQ:EXE - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $1.33 EPS for the quarter, topping analysts' consensus estimates of $1.13 by $0.20. The company had revenue of $2.96 billion during the quarter, compared to analyst estimates of $3.05 billion. Expand Energy had a return on equity of 10.33% and a net margin of 20.46%. On average, equities research analysts predict that Expand Energy will post 8.7 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. BlackRock Inc. bought a new stake in Expand Energy during the second quarter worth about $1,778,004,000. Oaktree Capital Management LP increased its stake in shares of Expand Energy by 3.5% during the first quarter. Oaktree Capital Management LP now owns 5,237,477 shares of the company's stock valued at $574,970,000 after purchasing an additional 175,114 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Expand Energy by 94.7% during the first quarter. Bank of New York Mellon Corp now owns 4,498,905 shares of the company's stock valued at $493,890,000 after purchasing an additional 2,188,422 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Expand Energy by 192.0% during the fourth quarter. Victory Capital Management Inc. now owns 3,286,361 shares of the company's stock valued at $362,683,000 after purchasing an additional 2,160,979 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Expand Energy by 7.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,466,772 shares of the company's stock worth $270,838,000 after purchasing an additional 166,407 shares in the last quarter. 97.93% of the stock is currently owned by institutional investors.

About Expand Energy

Expand Energy Corporation is an independent energy company engaged in the exploration, development and production of oil, natural gas and natural gas liquids in the United States. The company's operations are focused primarily on unconventional, or shale, formations, and its products are sold to customers in domestic energy and industrial markets.

Expand Energy was created through the combination of Chesapeake Energy Corporation and Southwestern Energy Company, a transaction completed in October 2024.

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