EQT Corporation (NYSE:EQT) Stock Has Average Target Price of $68.18 According to Brokerages

Key Points

• Analysts remain moderately bullish: Twenty-eight brokerages give EQT a consensus “Moderate Buy” rating, with 19 buys, seven holds and two strong buys. The average 12-month price target is $68.18 versus the reported share price of $51.92.
• Recent results fell short of expectations: EQT reported quarterly EPS of $0.39, below the $0.41 consensus, while revenue of $1.68 billion declined 29.2% year over year and missed estimates. The company pays a quarterly dividend of $0.165 per share, implying a 1.3% yield.
• Operational outlook offers potential support: Management expects U.S. natural-gas production to rise in 2026 while capital spending declines, potentially improving efficiency and cash flow, though performance remains sensitive to natural-gas prices. Institutional investors own approximately 90.81% of the company’s shares.

EQT Corporation (NYSE:EQT - Get Free Report) has been assigned an average rating of "Moderate Buy" from the twenty-eight brokerages that are presently covering the company, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $68.18.

Several analysts recently issued reports on the company. Freedom Capital raised EQT to a "strong-buy" rating in a research note on Tuesday, June 30th. Stifel Nicolaus began coverage on EQT in a report on Wednesday, September 9th. They issued a "buy" rating and a $66.00 price objective for the company. Zacks Research upgraded EQT from a "strong sell" rating to a "hold" rating in a research report on Thursday, August 27th. Citigroup boosted their target price on EQT from $67.00 to $68.00 and gave the company a "buy" rating in a research note on Wednesday. Finally, Sanford C. Bernstein restated an "outperform" rating on shares of EQT in a report on Thursday, July 30th.

EQT Trading Up 1.7%

NYSE:EQT opened at $51.92 on Friday. The firm has a market capitalization of $32.48 billion, a P/E ratio of 12.05 and a beta of 0.58. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.19. The company has a fifty day moving average of $53.08 and a 200 day moving average of $55.58. EQT has a 52 week low of $47.94 and a 52 week high of $68.24.

EQT (NYSE:EQT - Get Free Report) last released its quarterly earnings data on Tuesday, July 21st. The oil and gas producer reported $0.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by ($0.02). The firm had revenue of $1.68 billion during the quarter, compared to analysts' expectations of $1.76 billion. EQT had a net margin of 28.44% and a return on equity of 9.31%. EQT's revenue was down 29.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.45 EPS. On average, research analysts predict that EQT will post 3.92 earnings per share for the current year.

EQT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Wednesday, August 5th were given a dividend of $0.1650 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Wednesday, August 5th. EQT's payout ratio is presently 15.31%.

Insider Buying and Selling

In other EQT news, CEO Toby Rice sold 175,328 shares of the company's stock in a transaction on Friday, August 14th. The shares were sold at an average price of $55.03, for a total value of $9,648,299.84. Following the completion of the transaction, the chief executive officer directly owned 2,157,865 shares in the company, valued at approximately $118,747,310.95. This represents a 7.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.72% of the company's stock.

Hedge Funds Weigh In On EQT

Institutional investors have recently bought and sold shares of the stock. Reaves W H & Co. Inc. boosted its stake in EQT by 12.9% in the 4th quarter. Reaves W H & Co. Inc. now owns 1,161,975 shares of the oil and gas producer's stock worth $62,282,000 after purchasing an additional 132,741 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new stake in EQT during the 2nd quarter valued at about $163,705,000. Bank of America Corp DE increased its stake in EQT by 7.2% during the 2nd quarter. Bank of America Corp DE now owns 4,240,709 shares of the oil and gas producer's stock valued at $225,478,000 after purchasing an additional 284,244 shares in the last quarter. Allstate Corp increased its stake in EQT by 114.0% during the 4th quarter. Allstate Corp now owns 48,523 shares of the oil and gas producer's stock valued at $2,601,000 after purchasing an additional 25,852 shares in the last quarter. Finally, Bank of Nova Scotia purchased a new position in EQT in the second quarter worth about $6,477,000. 90.81% of the stock is owned by institutional investors.

Key Headlines Impacting EQT

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Higher production with lower spending: EQT Corporation’s CEO said the company expects U.S. natural-gas production to increase in 2026 while capital spending declines. The combination could improve operating efficiency and cash flow, although results will remain sensitive to gas prices. EQT expects higher 2026 U.S. gas production with lower spending
• Positive Sentiment: Long-term European gas demand: EQT Corporation was advised on a long-term gas supply agreement between Lithuania and the United States, a development that could support export demand and add visibility to future sales. EQT Lithuania-U.S. gas supply contract
• Neutral Sentiment: Analyst outlook remains favorable: A market review noted that EQT Corporation has underperformed the broader energy sector over the past year, but analysts continue to maintain a generally bullish view of its prospects. The stock remains below its 50-day and 200-day moving averages, indicating that investors are still waiting for stronger operational or commodity-price momentum. EQT Corporation stock performance and analyst outlook
• Neutral Sentiment: Private-equity headlines are unrelated: Reports about EQT launching an Abu Dhabi platform, leading Fever’s $250 million financing, and joining Blackstone in the $6.6 billion Urbaser acquisition refer to the separate private-equity firm EQT—not EQT Corporation—and therefore are not direct drivers of the energy company’s valuation. EQT Abu Dhabi platform

About EQT

EQT Corporation is a natural gas exploration and production company headquartered in Pittsburgh, Pennsylvania. The company primarily develops and operates unconventional oil and gas properties in the Appalachian Basin, with a focus on natural gas production from the Marcellus and Utica shale formations.

EQT's products include natural gas, natural gas liquids and condensate. Its operations span drilling, well completion, production and related gathering activities, supporting the delivery of energy to utilities, industrial customers, marketers and other buyers.

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