Mizuho Raises APA (NASDAQ:APA) Price Target to $24.00

APA (NASDAQ:APA) had its price objective increased by equities researchers at Mizuho from $22.00 to $24.00 in a report released on Thursday,MarketScreener reports. The firm presently has an “underperform” rating on the stock. Mizuho’s price objective would indicate a potential downside of 20.97% from the company’s current price.

Several other research firms also recently commented on APA. Morgan Stanley reduced their price objective on APA from $23.00 to $21.00 and set an “underweight” rating for the company in a research note on Friday, January 23rd. Stephens raised their price target on shares of APA from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 17th. Weiss Ratings restated a “hold (c)” rating on shares of APA in a research report on Monday, December 29th. Jefferies Financial Group increased their price objective on shares of APA from $21.00 to $22.00 and gave the company a “hold” rating in a report on Tuesday, January 20th. Finally, William Blair started coverage on shares of APA in a research note on Wednesday, November 26th. They issued an “outperform” rating and a $32.00 target price on the stock. Seven equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $27.39.

APA Trading Up 4.4%

Shares of APA stock opened at $30.37 on Thursday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.62. APA has a twelve month low of $13.58 and a twelve month high of $30.42. The firm has a market capitalization of $10.77 billion, a PE ratio of 7.61, a P/E/G ratio of 13.30 and a beta of 0.74. The firm’s 50-day moving average price is $26.28 and its 200 day moving average price is $24.53.

APA (NASDAQ:APA) last announced its earnings results on Wednesday, February 25th. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.29. The business had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.89 billion. APA had a return on equity of 20.08% and a net margin of 15.55%.The business’s revenue was down 26.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.79 earnings per share. On average, sell-side analysts predict that APA will post 4.03 EPS for the current fiscal year.

Institutional Investors Weigh In On APA

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. grew its holdings in shares of APA by 76.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 7,171,963 shares of the company’s stock worth $175,426,000 after purchasing an additional 3,117,032 shares during the period. AQR Capital Management LLC lifted its position in APA by 157.1% in the second quarter. AQR Capital Management LLC now owns 3,060,135 shares of the company’s stock valued at $55,970,000 after buying an additional 1,869,891 shares during the last quarter. Morgan Stanley boosted its stake in APA by 21.8% during the fourth quarter. Morgan Stanley now owns 10,425,586 shares of the company’s stock worth $255,010,000 after buying an additional 1,864,900 shares during the period. Dimensional Fund Advisors LP increased its position in shares of APA by 13.6% during the third quarter. Dimensional Fund Advisors LP now owns 14,030,230 shares of the company’s stock valued at $340,657,000 after acquiring an additional 1,674,739 shares during the last quarter. Finally, Northern Trust Corp raised its stake in shares of APA by 29.6% in the 3rd quarter. Northern Trust Corp now owns 4,462,476 shares of the company’s stock valued at $108,349,000 after acquiring an additional 1,018,326 shares during the period. Hedge funds and other institutional investors own 83.01% of the company’s stock.

APA News Roundup

Here are the key news stories impacting APA this week:

• Positive Sentiment: Q4 results and free cash flow beat — APA reported better‑than‑expected EPS and revenue and highlighted robust free cash flow and disciplined capital allocation, supporting the rally. APA beats quarterly profit estimates
• Positive Sentiment: Strategic capital plan & cost savings — Management signaled a $2.1B 2026 capital plan and is targeting roughly $450M in annual cost savings, which improves free cash flow outlook and supports share gains. APA signals $2.1B capital plan
• Positive Sentiment: Bullish analyst move — Wolfe Research raised its price target to $39 and kept an “outperform” rating, implying material upside and likely helping buying interest. Wolfe raises PT to $39
• Neutral Sentiment: Major bank neutral adjustments — Roth MKM and JPMorgan raised targets to $27 and $29 respectively but maintained neutral ratings, narrowing upside and signaling mixed conviction. Roth raises PT to $27 JPMorgan raises PT to $29
• Negative Sentiment: Some analysts still see downside — Mizuho and Evercore raised price targets but keep below‑current valuations (to $24 and $25) with underperform/in‑line stances, which likely caps gains for investors focused on downside risk. Mizuho adjusts PT to $24 Evercore adjusts PT to $25

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.