Zacks Research Issues Positive Forecast for APA Earnings

APA Corporation (NASDAQ:APA) – Equities research analysts at Zacks Research increased their Q3 2026 earnings per share estimates for shares of APA in a report issued on Wednesday, January 21st. Zacks Research analyst Team now expects that the company will earn $0.56 per share for the quarter, up from their previous estimate of $0.55. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for APA’s current full-year earnings is $4.03 per share. Zacks Research also issued estimates for APA’s Q4 2026 earnings at $0.50 EPS and Q3 2027 earnings at $0.56 EPS.

APA (NASDAQ:APA) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.74 by $0.19. The business had revenue of $2.12 billion for the quarter, compared to the consensus estimate of $2.06 billion. APA had a net margin of 15.49% and a return on equity of 19.86%. The company’s revenue was down 16.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.00 earnings per share.

A number of other research analysts have also weighed in on APA. The Goldman Sachs Group lifted their price objective on shares of APA from $21.00 to $23.00 and gave the company a “sell” rating in a research note on Thursday. Capital One Financial reduced their price target on APA from $32.00 to $31.00 and set an “overweight” rating for the company in a research report on Friday, January 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of APA in a research note on Monday, December 29th. Roth Mkm raised their target price on APA from $22.00 to $23.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 15th. Finally, JPMorgan Chase & Co. reduced their target price on APA from $26.00 to $25.00 and set a “neutral” rating for the company in a report on Thursday. Six investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $26.39.

APA Price Performance

APA opened at $25.55 on Thursday. The firm has a 50-day moving average price of $25.04 and a 200-day moving average price of $23.04. APA has a twelve month low of $13.58 and a twelve month high of $27.72. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $9.06 billion, a price-to-earnings ratio of 6.14, a PEG ratio of 11.84 and a beta of 0.74.

APA Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 23rd. Shareholders of record on Thursday, January 22nd will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, January 22nd. This represents a $1.00 annualized dividend and a dividend yield of 3.9%. APA’s dividend payout ratio (DPR) is presently 24.04%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Deseret Mutual Benefit Administrators raised its stake in APA by 276.7% in the third quarter. Deseret Mutual Benefit Administrators now owns 1,213 shares of the company’s stock valued at $29,000 after purchasing an additional 891 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in shares of APA in the 3rd quarter worth $34,000. Spire Wealth Management raised its position in shares of APA by 179.6% during the 3rd quarter. Spire Wealth Management now owns 1,521 shares of the company’s stock valued at $37,000 after buying an additional 977 shares in the last quarter. Community Bank N.A. bought a new stake in shares of APA during the 3rd quarter worth $43,000. Finally, CVA Family Office LLC grew its position in APA by 6,096.7% in the second quarter. CVA Family Office LLC now owns 1,859 shares of the company’s stock worth $34,000 after acquiring an additional 1,829 shares in the last quarter. Hedge funds and other institutional investors own 83.01% of the company’s stock.

More APA News

Here are the key news stories impacting APA this week:

• Positive Sentiment: Jefferies raised its price target on APA to $22 (from $21) and kept a “hold” rating — a modest positive signal that trims downside versus prior forecasts. Jefferies PT raise
• Positive Sentiment: The Goldman Sachs team bumped its price target to $23 (from $21) even while retaining a “sell” rating — the higher target is marginally supportive of the share price versus the prior forecast. Goldman Sachs PT raise
• Positive Sentiment: Zacks updated short-term quarterly estimates (small increases to some Q3/Q4 items), indicating analysts are still refining near-term forecasts rather than cutting them uniformly. Zacks estimates update
• Neutral Sentiment: Pre-earnings previews (Yahoo Finance, Barchart) note consensus expects a double-digit earnings contraction for APA in the upcoming quarter — this sets a lower bar for the quarter but is informational until results are released. Yahoo earnings preview Barchart earnings preview
• Negative Sentiment: Zacks downgraded APA from “hold” to a “strong sell” — a substantive negative rating change that increases selling pressure and signals low analyst conviction. Zacks downgrade
• Negative Sentiment: Barclays reaffirmed an underweight/negative stance on APA, contributing to the sell-side consensus pressure. Barclays downgrade
• Negative Sentiment: JPMorgan trimmed its price target to $25 (from $26) and kept a “neutral” rating — a small but incremental cut that removes upside and signals caution. JPMorgan PT cut

APA Company Profile

APA Corporation (NASDAQ: APA) is an independent exploration and production company engaged in the acquisition, development and production of oil and natural gas resources. The company operates through three core regions: the United States, Egypt and the North Sea. Through its integrated approach, APA combines geological and geophysical expertise with technical innovation to identify and develop hydrocarbons in both onshore and offshore settings.

In the United States, APA’s largest position is in the Permian Basin of West Texas and southeastern New Mexico, where it holds substantial acreage dedicated to oil-focused drilling and production.