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APA (APA) Stock Forecast & Price Target

$30.13
-0.59 (-1.92%)
(As of 05/22/2024 ET)

APA - 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

Hold
Based on 19 Analyst Ratings

Consensus Price Target

$42.10
39.73% Upside
High Forecast$57.00
Average Forecast$42.10
Low Forecast$28.00
TypeCurrent Forecast
5/24/23 to 5/23/24
1 Month Ago
4/24/23 to 4/23/24
3 Months Ago
2/23/23 to 2/23/24
1 Year Ago
5/24/22 to 5/24/23
Consensus Rating
Hold
Hold
Hold
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
9 Buy rating(s)
Hold
10 Hold rating(s)
10 Hold rating(s)
9 Hold rating(s)
6 Hold rating(s)
Sell
3 Sell rating(s)
3 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$42.10$42.10$44.17$46.88
Forecasted Upside39.73% Upside19.31% Upside22.36% Upside20.89% Upside
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APA 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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APA 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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APA Stock vs. The Competition

TypeAPAOils/Energy CompaniesS&P 500
Consensus Rating Score
2.21
2.55
2.49
Consensus RatingHoldModerate BuyHold
Predicted Upside39.73% Upside529.88% Upside8.94% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/22/2024Wells Fargo & Company
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 Lower TargetOverweight ➝ Overweight$53.00 ➝ $52.00+70.83%
5/21/2024Mizuho
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 Boost TargetUnderperform ➝ Underperform$34.00 ➝ $35.00+13.27%
5/14/2024Piper Sandler
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 Lower TargetNeutral ➝ Neutral$35.00 ➝ $33.00+9.27%
5/7/2024Susquehanna
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 Boost TargetPositive ➝ Positive$54.00 ➝ $57.00+90.51%
5/2/2024Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$40.00 ➝ $38.00+29.08%
4/15/2024Morgan Stanley
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 Reiterated RatingUnderweight$28.00-17.04%
4/11/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$38.00 ➝ $40.00+14.12%
4/8/2024Royal Bank of Canada
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 Reiterated RatingSector Perform ➝ Sector Perform$45.00+27.66%
4/5/2024Truist Financial
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 Lower TargetBuy ➝ Buy$59.00 ➝ $53.00+49.00%
4/2/2024Roth Mkm
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 Boost TargetBuy ➝ Buy$37.00 ➝ $39.00+11.24%
3/26/2024The Goldman Sachs Group
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 Lower TargetSell ➝ Sell$35.00 ➝ $31.00-8.28%
1/24/2024Raymond James
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 Lower TargetStrong-Buy ➝ Strong-Buy$44.00 ➝ $43.00+37.25%
1/16/2024Scotiabank
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 Reiterated RatingSector Outperform ➝ Sector Perform$43.00 ➝ $37.00+17.46%
1/5/2024Johnson Rice
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 DowngradeBuy ➝ Hold$40.00+17.03%
12/14/2023UBS Group
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 Lower TargetNeutral ➝ Neutral$48.00 ➝ $41.00+14.40%
11/22/2023Citigroup
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 DowngradeBuy ➝ Neutral$52.00 ➝ $37.00+1.04%
11/13/2023Benchmark
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 Lower TargetBuy ➝ Buy$46.00 ➝ $43.00+16.72%
10/17/2023Sanford C. Bernstein
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 DowngradeOutperform ➝ Market Perform$51.00 ➝ $50.00+18.51%
9/27/2023Bank of America
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 Boost Target$55.00 ➝ $57.00+38.86%
8/28/2023Jefferies Financial Group
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 Boost TargetHold ➝ Hold$39.00 ➝ $43.00+0.63%
6/14/202358.com
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 Reiterated RatingMaintains
6/14/2023VNET Group
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 Reiterated RatingMaintains
2/8/2023Roth Capital
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L. Mariani
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Reiterated RatingBuy
8/26/2022MKM Partners
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John Gerdes
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Boost TargetBuy ➝ Buy$45.00 ➝ $50.00+23.76%
8/5/2022Susquehanna Bancshares
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 Lower TargetPositive$52.00 ➝ $49.00+51.00%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:53 AM ET.

APA Frequently Asked Questions

What is APA's stock forecast and purchase recommendation?

According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for APA is $42.10, with a high forecast of $57.00 and a low forecast of $28.00. The consensus rating for APA stock is Hold based on the current 3 sell ratings, 10 hold ratings, 5 buy ratings and 1 strong buy rating for APA. Learn more on APA's analyst rating history.

Do Wall Street analysts like APA more than its competitors?

Analysts like APA less than other "oils/energy" companies. The consensus rating for APA is Hold while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how APA compares to other companies.

Does APA's stock price have much upside?

According to analysts, APA's stock has a predicted upside of 22.32% based on their 12-month stock forecasts.

What analysts cover APA?

Stock Forecasts and Research Tools

This page (NASDAQ:APA) was last updated on 5/23/2024 by MarketBeat.com Staff

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