JPMorgan Chase & Co. Raises APA (NASDAQ:APA) Price Target to $29.00

APA (NASDAQ:APA) had its price objective increased by equities researchers at JPMorgan Chase & Co. from $25.00 to $29.00 in a research note issued to investors on Friday,MarketScreener reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price points to a potential downside of 4.51% from the company’s previous close.

A number of other equities research analysts also recently commented on APA. Jefferies Financial Group upped their price objective on APA from $21.00 to $22.00 and gave the company a “hold” rating in a report on Tuesday, January 20th. Capital One Financial lowered their price target on APA from $32.00 to $31.00 and set an “overweight” rating for the company in a research note on Friday, January 9th. Zacks Research downgraded shares of APA from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 20th. Susquehanna lifted their price objective on shares of APA from $30.00 to $32.00 and gave the stock a “positive” rating in a research note on Wednesday, November 12th. Finally, Barclays set a $24.00 target price on shares of APA in a research note on Wednesday, January 21st. Seven analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $27.39.

APA Price Performance

Shares of APA stock opened at $30.37 on Friday. The firm’s 50 day moving average price is $26.28 and its two-hundred day moving average price is $24.56. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.78 and a current ratio of 0.78. APA has a 52-week low of $13.58 and a 52-week high of $30.42. The stock has a market cap of $10.77 billion, a PE ratio of 7.61, a PEG ratio of 13.88 and a beta of 0.74.

APA (NASDAQ:APA) last issued its earnings results on Wednesday, February 25th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.62 by $0.29. The company had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.89 billion. APA had a net margin of 15.55% and a return on equity of 20.08%. The business’s revenue for the quarter was down 26.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.79 EPS. As a group, analysts forecast that APA will post 4.03 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Coldstream Capital Management Inc. lifted its holdings in shares of APA by 1.4% during the fourth quarter. Coldstream Capital Management Inc. now owns 28,171 shares of the company’s stock valued at $689,000 after purchasing an additional 396 shares during the last quarter. Patriot Financial Group Insurance Agency LLC increased its position in APA by 3.2% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 14,648 shares of the company’s stock valued at $358,000 after buying an additional 461 shares in the last quarter. Howard Capital Management Inc. increased its position in APA by 0.5% during the 3rd quarter. Howard Capital Management Inc. now owns 94,848 shares of the company’s stock valued at $2,303,000 after buying an additional 485 shares in the last quarter. one8zero8 LLC raised its stake in APA by 1.2% during the third quarter. one8zero8 LLC now owns 42,254 shares of the company’s stock valued at $1,026,000 after buying an additional 488 shares during the last quarter. Finally, Arizona State Retirement System boosted its holdings in APA by 0.5% in the third quarter. Arizona State Retirement System now owns 106,734 shares of the company’s stock worth $2,592,000 after acquiring an additional 517 shares in the last quarter. Institutional investors and hedge funds 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

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.