Zacks Research Issues Pessimistic Outlook for AR Earnings

Key Points

• Zacks Research lowered Antero Resources’ Q3 2026 EPS estimate to $0.90 from $1.01 and maintains a “Hold” rating. Its full-year 2026 earnings forecast is $3.80 per share.
• Analyst sentiment remains broadly positive, with a consensus rating of “Moderate Buy” and an average price target of $48.31, despite recent target-price reductions from Citigroup and Barclays.
• Antero Resources shares opened at $38.55, while institutional ownership stands at 83.04%; BlackRock and California State Teachers’ Retirement System made notably large purchases during the second quarter.

Antero Resources Corporation (NYSE:AR - Free Report) - Investment analysts at Zacks Research reduced their Q3 2026 earnings estimates for shares of Antero Resources in a note issued to investors on Wednesday, August 26th. Zacks Research analyst Team now expects that the oil and natural gas company will post earnings per share of $0.90 for the quarter, down from their previous forecast of $1.01. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Antero Resources' current full-year earnings is $4.17 per share. Zacks Research also issued estimates for Antero Resources' Q4 2026 earnings at $1.05 EPS, FY2026 earnings at $3.80 EPS, Q1 2027 earnings at $1.07 EPS, Q4 2027 earnings at $1.04 EPS, FY2027 earnings at $3.64 EPS, Q1 2028 earnings at $1.07 EPS, Q2 2028 earnings at $1.18 EPS and FY2028 earnings at $4.48 EPS.

Several other brokerages also recently commented on AR. Texas Capital upgraded Antero Resources to a "strong-buy" rating in a research report on Thursday, June 25th. Citigroup cut their target price on Antero Resources from $53.00 to $45.00 and set a "buy" rating for the company in a research report on Monday, August 3rd. Roth Capital reissued a "neutral" rating and set a $38.00 target price on shares of Antero Resources in a research note on Thursday, April 30th. Barclays dropped their price target on Antero Resources from $46.00 to $45.00 and set an "equal weight" rating for the company in a research note on Monday, August 17th. Finally, Wolfe Research reiterated an "outperform" rating and set a $48.00 price objective on shares of Antero Resources in a research report on Thursday, July 30th. Three analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $48.31.

Antero Resources Trading Up 0.1%

Shares of AR stock opened at $38.55 on Friday. Antero Resources has a 52-week low of $29.10 and a 52-week high of $45.75. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.40 and a current ratio of 0.40. The firm has a market capitalization of $11.85 billion, a PE ratio of 11.08 and a beta of 0.34. The stock has a fifty day simple moving average of $35.43 and a two-hundred day simple moving average of $36.85.

Institutional Investors Weigh In On Antero Resources

Hedge funds have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in shares of Antero Resources in the 2nd quarter worth $966,982,000. California State Teachers Retirement System raised its position in shares of Antero Resources by 3,427.9% during the 2nd quarter. California State Teachers Retirement System now owns 11,957,720 shares of the oil and natural gas company's stock valued at $420,194,000 after buying an additional 11,618,775 shares in the last quarter. Bank of New York Mellon Corp bought a new position in shares of Antero Resources in the 2nd quarter valued at about $106,063,000. Diamond Hill Capital Management LLC Investment Advisor bought a new position in shares of Antero Resources in the 2nd quarter valued at about $100,212,000. Finally, Palo Duro Investment Partners LP bought a new position in shares of Antero Resources in the 2nd quarter valued at about $95,985,000. Hedge funds and other institutional investors own 83.04% of the company's stock.

Antero Resources Company Profile

Antero Resources Corporation is an independent exploration and production company focused on the development of natural gas, natural gas liquids (NGLs) and oil properties in the Appalachian Basin of the United States. The company's operations target the Marcellus and Utica shales, where it applies advanced drilling and completion techniques to optimize recovery from its large acreage position. Antero's portfolio encompasses significant reserves of ethane, propane and other NGLs, alongside dry gas volumes that are positioned to serve both domestic and export markets.

Headquartered in Denver, Colorado, Antero Resources holds approximately 1.8 million net acres of leasehold interests across parts of West Virginia and Ohio.

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