Equinor ASA (NYSE:EQNR) Stock Price Expected to Rise, TD Cowen Analyst Says

Equinor ASA (NYSE:EQNR) had its target price raised by research analysts at TD Cowen from $25.00 to $37.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. TD Cowen’s price target would indicate a potential downside of 11.01% from the company’s current price.

EQNR has been the subject of a number of other research reports. Bank of America lowered Equinor ASA from a “buy” rating to a “neutral” rating in a research report on Thursday, February 5th. Zacks Research raised Equinor ASA from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. Weiss Ratings upgraded Equinor ASA from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 12th. UBS Group raised Equinor ASA from a “sell” rating to a “neutral” rating in a research note on Friday. Finally, Jefferies Financial Group began coverage on Equinor ASA in a report on Thursday, January 8th. They set a “hold” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Hold rating and seven have given a Sell rating to the company’s stock. According to MarketBeat.com, Equinor ASA currently has a consensus rating of “Reduce” and an average target price of $28.71.

Equinor ASA Price Performance

Shares of NYSE:EQNR opened at $41.58 on Friday. The firm has a market cap of $122.43 billion, a price-to-earnings ratio of 21.88, a P/E/G ratio of 4.73 and a beta of 0.35. The firm has a fifty day moving average price of $29.27 and a 200 day moving average price of $25.70. Equinor ASA has a fifty-two week low of $21.41 and a fifty-two week high of $42.06. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.16 and a current ratio of 1.27.

Equinor ASA (NYSE:EQNR) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.21. The company had revenue of $25.30 billion for the quarter, compared to the consensus estimate of $21.31 billion. Equinor ASA had a net margin of 4.74% and a return on equity of 15.23%. As a group, sell-side analysts expect that Equinor ASA will post 3.46 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Equinor ASA

Several institutional investors have recently made changes to their positions in the company. Mirabella Financial Services LLP purchased a new position in shares of Equinor ASA during the 3rd quarter worth about $730,757,000. Bank of America Corp DE raised its position in Equinor ASA by 30.2% in the 3rd quarter. Bank of America Corp DE now owns 15,759,942 shares of the company’s stock worth $384,227,000 after purchasing an additional 3,659,611 shares during the period. Morgan Stanley lifted its stake in Equinor ASA by 5.6% in the fourth quarter. Morgan Stanley now owns 9,250,933 shares of the company’s stock worth $218,600,000 after purchasing an additional 493,801 shares during the last quarter. Earnest Partners LLC boosted its position in shares of Equinor ASA by 10.3% during the fourth quarter. Earnest Partners LLC now owns 4,288,512 shares of the company’s stock valued at $101,338,000 after buying an additional 401,424 shares during the period. Finally, Wellington Management Group LLP boosted its position in shares of Equinor ASA by 0.7% during the third quarter. Wellington Management Group LLP now owns 3,852,448 shares of the company’s stock valued at $93,923,000 after buying an additional 25,250 shares during the period. Institutional investors own 5.51% of the company’s stock.

Key Headlines Impacting Equinor ASA

Here are the key news stories impacting Equinor ASA this week:

• Positive Sentiment: Equinor announced a new oil discovery in the Norwegian Barents Sea tied to the Johan Castberg area, which increases near-field resource potential and supports tie‑back development upside. Equinor Expands Barents Sea Potential With New Oil Discovery
• Positive Sentiment: Equinor published its 2025 annual report showing record production and solid financial results, reinforcing cash‑flow strength that supports dividends and capital returns. Equinor’s annual report for 2025
• Positive Sentiment: Higher crude prices driven by Middle East supply‑risk have pushed investors into upstream and LNG names; this macro tailwind is boosting Equinor’s outlook as an oil & gas producer. Wall Street Is Buying These 3 LNG Stocks After Iran Missiles Hit Qatar’s Gas Facilities
• Positive Sentiment: Equinor’s 2026 capital-return plan, including an active share‑buyback that started in February, adds technical and fundamental support for the stock amid rising commodity prices. Equinor jumps as oil prices stay elevated amid Middle East supply fears
• Neutral Sentiment: Equinor was a big mover on higher-than-average volume and momentum indicators; earnings estimate revisions could support near‑term upside, but this is momentum-driven rather than fundamental news. Equinor (EQNR) Soars 5.1%: Is Further Upside Left in the Stock?
• Neutral Sentiment: Broader analyst coverage has been active (sector upgrades and lists of LNG/energy stocks getting interest); these flows help sentiment but do not change Equinor’s fundamentals by themselves. 5 Stocks Wall Street Is Rushing to Upgrade as Iran Conflict Reshapes Global Energy Markets
• Negative Sentiment: TD Cowen maintained a Hold rating and set a $37 price target (recently raised from $25), which is below the current share level and signals some analyst caution on upside from here. Equinor: Strong Run and Stable Norwegian Growth Pipeline Justify Neutral Stance Despite Higher Commodity Price Outlook

Equinor ASA Company Profile

Equinor ASA (NYSE: EQNR) is a Norway-based integrated energy company headquartered in Stavanger. Historically established as Statoil in the 1970s to develop Norway’s petroleum resources, the company changed its name to Equinor in 2018 to reflect a strategic shift toward a broader energy portfolio. Equinor’s operations span the full upstream value chain, including exploration, development and production of oil and natural gas, alongside trading and marketing activities that support its global commercial operations.

In recent years Equinor has pursued a transition strategy that combines continued development of conventional oil and gas resources with growing investments in low‑carbon energy.