JPMorgan Chase & Co. Forecasts Strong Price Appreciation for EQT (NYSE:EQT) Stock

EQT (NYSE:EQT) had its price target raised by research analysts at JPMorgan Chase & Co. from $58.00 to $68.00 in a report issued on Thursday,MarketScreener reports. The firm presently has an “overweight” rating on the oil and gas producer’s stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 12.42% from the company’s current price.

Several other brokerages have also commented on EQT. Citigroup dropped their price target on shares of EQT from $63.00 to $62.00 and set a “buy” rating for the company in a research report on Friday, December 19th. Mizuho upped their price objective on EQT from $60.00 to $68.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. Roth Mkm reiterated a “neutral” rating on shares of EQT in a report on Wednesday. Wells Fargo & Company lowered their price target on EQT from $68.00 to $66.00 and set an “overweight” rating for the company in a research report on Thursday, October 23rd. Finally, Siebert Williams Shank raised their price objective on EQT from $59.00 to $62.00 and gave the stock a “hold” rating in a report on Monday, January 26th. Nineteen analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, EQT has an average rating of “Moderate Buy” and a consensus price target of $65.09.

EQT Stock Performance

NYSE EQT opened at $60.49 on Thursday. The business’s 50-day moving average price is $54.68 and its 200 day moving average price is $54.55. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.27. EQT has a twelve month low of $43.57 and a twelve month high of $62.23. The company has a market capitalization of $37.76 billion, a PE ratio of 18.27, a price-to-earnings-growth ratio of 0.47 and a beta of 0.74.

EQT (NYSE:EQT) last posted its quarterly earnings data on Tuesday, February 17th. The oil and gas producer reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.73 by $0.17. The company had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.13 billion. EQT had a net margin of 23.59% and a return on equity of 7.25%. The company’s quarterly revenue was up 24.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.69 EPS. On average, research analysts predict that EQT will post 3.27 earnings per share for the current year.

Hedge Funds Weigh In On EQT

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Greykasell Wealth Strategies Inc. purchased a new position in EQT in the 4th quarter worth approximately $26,000. Aventura Private Wealth LLC acquired a new position in shares of EQT during the fourth quarter worth $31,000. Fortitude Family Office LLC lifted its position in shares of EQT by 95.6% during the fourth quarter. Fortitude Family Office LLC now owns 573 shares of the oil and gas producer’s stock worth $31,000 after purchasing an additional 280 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in shares of EQT in the second quarter valued at $41,000. Finally, Elyxium Wealth LLC acquired a new stake in EQT during the 4th quarter valued at $49,000. 90.81% of the stock is owned by institutional investors and hedge funds.

Key EQT News

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Q4 earnings beat and operational drivers — EQT reported quarterly results that topped EPS expectations, driven by higher realized gas-equivalent prices and stronger sales volumes, which underpinned the earnings beat. Article Title
• Positive Sentiment: Large free cash flow and upgraded 2026 outlook — Management highlighted roughly $750M of Q4 free cash flow and raised 2026 production guidance while increasing its ownership in the Mountain Valley Pipeline to about 53%, signaling more control of midstream capacity and flexibility to fund buybacks, debt paydown or reinvestment. Article Title Article Title
• Positive Sentiment: Analyst upgrades lift sentiment — TD Cowen raised its target to $70 (buy) and JPMorgan lifted its target to $68 (overweight), both citing the company’s improved cash profile and outlook, which supports upside from current trading levels. TD Cowen Article JPMorgan Article
• Neutral Sentiment: CEO starts nonprofit with the Rockefellers — Toby Rice is launching a nonprofit to address energy access in low-income countries; positive for ESG/brand but unlikely to move fundamentals near-term. Article Title
• Neutral Sentiment: Call transcripts and summaries available — Full earnings call transcript and third‑party summaries provide more detail on capital allocation, production plans and commodity sensitivities for investors doing deeper due diligence. Call Transcript Earnings Summary
• Neutral Sentiment: Analyst/industry takeaways — Independent pieces (e.g., Seeking Alpha) are highlighting the strategic implications of the company’s “2x” production ambitions; useful for medium-term thesis but not an immediate catalyst. Seeking Alpha

EQT Company Profile

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.