Wolfe Research Forecasts Strong Price Appreciation for APA (NASDAQ:APA) Stock

APA (NASDAQ:APA) had its price target increased by equities research analysts at Wolfe Research from $36.00 to $39.00 in a report issued on Thursday,MarketScreener reports. The firm currently has an “outperform” rating on the stock. Wolfe Research’s price target would suggest a potential upside of 28.42% from the company’s current price.

A number of other equities research analysts have also recently weighed in on the company. Capital One Financial lowered their price target on APA from $32.00 to $31.00 and set an “overweight” rating on the stock in a report on Friday, January 9th. Susquehanna upped their target price on APA from $30.00 to $32.00 and gave the company a “positive” rating in a report on Wednesday, November 12th. Morgan Stanley lowered their target price on APA from $23.00 to $21.00 and set an “underweight” rating on the stock in a report on Friday, January 23rd. JPMorgan Chase & Co. raised their price target on APA from $25.00 to $29.00 and gave the company a “neutral” rating in a research report on Friday. Finally, The Goldman Sachs Group boosted their price objective on shares of APA from $21.00 to $23.00 and gave the stock a “sell” rating in a research report on Thursday, January 22nd. Seven equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $27.39.

APA Stock Up 4.4%

Shares of NASDAQ APA opened at $30.37 on Thursday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.62. APA has a 52 week low of $13.58 and a 52 week high of $30.42. The firm has a 50-day moving average price of $26.28 and a 200 day moving average price of $24.53. The stock has a market capitalization of $10.77 billion, a price-to-earnings ratio of 7.61, a price-to-earnings-growth ratio of 13.30 and a beta of 0.74.

APA (NASDAQ:APA) last issued its earnings results on Wednesday, February 25th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.29. APA had a net margin of 15.55% and a return on equity of 20.08%. The company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.89 billion. During the same period in the prior year, the business posted $0.79 earnings per share. The firm’s revenue for the quarter was down 26.6% compared to the same quarter last year. Equities research analysts anticipate that APA will post 4.03 EPS for the current fiscal year.

Institutional Investors Weigh In On APA

A number of hedge funds and other institutional investors have recently modified their holdings of APA. Deseret Mutual Benefit Administrators increased its holdings in shares of APA by 276.7% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 1,213 shares of the company’s stock worth $29,000 after buying an additional 891 shares during the last quarter. Summit Securities Group LLC increased its stake in APA by 115.1% during the fourth quarter. Summit Securities Group LLC now owns 1,327 shares of the company’s stock worth $32,000 after acquiring an additional 710 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new position in shares of APA in the 3rd quarter worth about $34,000. Spire Wealth Management lifted its stake in shares of APA by 179.6% in the 3rd quarter. Spire Wealth Management now owns 1,521 shares of the company’s stock valued at $37,000 after purchasing an additional 977 shares in the last quarter. Finally, Camelot Portfolios LLC acquired a new position in shares of APA in the 4th quarter valued at about $37,000. 83.01% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting APA

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

About APA

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.