Zacks Research Weighs in on EQT’s Q3 Earnings (NYSE:EQT)

EQT Corporation (NYSE:EQT) – Research analysts at Zacks Research lowered their Q3 2026 earnings estimates for EQT in a report released on Tuesday, January 27th. Zacks Research analyst Team now anticipates that the oil and gas producer will post earnings of $0.34 per share for the quarter, down from their previous forecast of $0.64. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for EQT’s current full-year earnings is $3.27 per share. Zacks Research also issued estimates for EQT’s Q2 2027 earnings at $0.76 EPS, Q3 2027 earnings at $0.85 EPS and FY2027 earnings at $3.80 EPS.

Several other analysts also recently weighed in on the company. Wells Fargo & Company cut their price target on EQT from $68.00 to $66.00 and set an “overweight” rating on the stock in a research note on Thursday, October 23rd. Sanford C. Bernstein boosted their target price on EQT from $72.00 to $73.00 and gave the stock an “outperform” rating in a report on Monday, January 5th. Wolfe Research increased their target price on EQT from $61.00 to $62.00 and gave the stock an “outperform” rating in a research note on Monday. Citigroup reduced their price target on EQT from $63.00 to $62.00 and set a “buy” rating for the company in a report on Friday, December 19th. Finally, Royal Bank Of Canada upped their price target on shares of EQT from $60.00 to $62.00 and gave the stock a “sector perform” rating in a research note on Tuesday, October 7th. Nineteen analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, EQT presently has a consensus rating of “Moderate Buy” and an average price target of $63.77.

EQT Price Performance

Shares of NYSE EQT opened at $56.36 on Thursday. The company has a 50 day simple moving average of $55.12 and a two-hundred day simple moving average of $54.28. EQT has a fifty-two week low of $43.57 and a fifty-two week high of $62.23. The company has a market capitalization of $35.17 billion, a price-to-earnings ratio of 19.30, a P/E/G ratio of 0.46 and a beta of 0.68. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.58 and a current ratio of 0.58.

Hedge Funds Weigh In On EQT

Hedge funds have recently bought and sold shares of the business. Caxton Associates LLP purchased a new stake in shares of EQT during the 1st quarter valued at about $256,000. Focus Partners Wealth raised its holdings in shares of EQT by 9.0% during the first quarter. Focus Partners Wealth now owns 21,637 shares of the oil and gas producer’s stock valued at $1,156,000 after purchasing an additional 1,789 shares during the last quarter. Praxis Investment Management Inc. lifted its position in EQT by 18.0% during the second quarter. Praxis Investment Management Inc. now owns 32,210 shares of the oil and gas producer’s stock valued at $1,878,000 after purchasing an additional 4,910 shares during the period. Private Trust Co. NA lifted its position in EQT by 38.1% during the second quarter. Private Trust Co. NA now owns 1,026 shares of the oil and gas producer’s stock valued at $60,000 after purchasing an additional 283 shares during the period. Finally, Whittier Trust Co. boosted its holdings in EQT by 2.6% in the second quarter. Whittier Trust Co. now owns 302,900 shares of the oil and gas producer’s stock worth $17,662,000 after purchasing an additional 7,647 shares during the last quarter. Hedge funds and other institutional investors own 90.81% of the company’s stock.

More EQT News

Here are the key news stories impacting EQT this week:

• Positive Sentiment: EQT reported an expected $114 million derivative gain for the fourth quarter, which should boost reported Q4 earnings and improve near-term earnings volatility. Article Title
• Positive Sentiment: An industry ranking moved EQT up to the 6th-largest U.S. oil & gas producer, highlighting scale gains that can support pipeline access, contract leverage and investor interest in larger-cap gas names. Article Title
• Positive Sentiment: Several outlets note EQT is viewed as a core holding among gas producers; some analysts maintain overweight or raise price targets (Siebert/Williams Shank and others raised or affirmed $62 targets), supporting investor confidence. Article Title
• Neutral Sentiment: Operational/HR note — EQT promoted three Australian staffers; largely corporate housekeeping with limited direct market impact. Article Title
• Negative Sentiment: Zacks Research issued multiple downward EPS revisions across quarters and cut FY2027 estimates, and currently carries a “Strong Sell” rating — a prominent negative catalyst that can pressure sentiment and valuations. Article Title
• Negative Sentiment: Scotiabank trimmed its price target to $63 (from $67) while keeping a Sector Perform, reducing upside from some institutional coverage despite a bullish view on broader gas supply deficits. Article Title

About EQT

EQT Corporation (NYSE: EQT) is a U.S.-based energy company focused on the exploration, development and production of natural gas. Headquartered in Pittsburgh, Pennsylvania, the company concentrates its upstream operations in the Appalachian Basin, producing from major shale formations including the Marcellus and Utica. EQT’s primary product is natural gas, with production activities supported by associated liquids and conventional gas assets where applicable.

In addition to drilling and well development, EQT operates and coordinates the infrastructure and commercial activities necessary to bring gas to market.