BMO Capital Markets Forecasts Strong Price Appreciation for EQT (NYSE:EQT) Stock

EQT (NYSE:EQT) had its target price increased by equities research analysts at BMO Capital Markets from $68.00 to $76.00 in a report issued on Friday,Benzinga reports. The firm currently has an “outperform” rating on the oil and gas producer’s stock. BMO Capital Markets’ price objective suggests a potential upside of 12.49% from the company’s previous close.

Several other research firms have also weighed in on EQT. JPMorgan Chase & Co. lifted their target price on shares of EQT from $68.00 to $72.00 and gave the company an “overweight” rating in a report on Tuesday, March 17th. The Goldman Sachs Group dropped their price target on shares of EQT from $70.00 to $66.00 and set a “buy” rating on the stock in a research report on Thursday, January 22nd. UBS Group cut their price objective on shares of EQT from $76.00 to $75.00 and set a “buy” rating for the company in a report on Thursday, March 5th. Piper Sandler upped their price objective on shares of EQT from $50.00 to $55.00 and gave the stock a “neutral” rating in a research report on Thursday, March 5th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of EQT in a research note on Sunday, January 18th. Three analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, EQT presently has an average rating of “Moderate Buy” and a consensus price target of $67.04.

EQT Stock Up 1.1%

EQT stock opened at $67.56 on Friday. The business’s 50-day moving average price is $59.65 and its 200 day moving average price is $56.57. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.27. The firm has a market cap of $42.22 billion, a price-to-earnings ratio of 20.41, a price-to-earnings-growth ratio of 1.27 and a beta of 0.72. EQT has a 52 week low of $43.57 and a 52 week high of $68.24.

EQT (NYSE:EQT) last announced its quarterly earnings results on Tuesday, February 17th. The oil and gas producer reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.14. EQT had a return on equity of 7.25% and a net margin of 23.59%.The company had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.13 billion. During the same period in the previous year, the company posted $0.69 earnings per share. EQT’s revenue for the quarter was up 24.8% on a year-over-year basis. As a group, sell-side analysts anticipate that EQT will post 3.27 earnings per share for the current year.

Insider Buying and Selling

In related news, CAO Todd James sold 32,514 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $61.12, for a total value of $1,987,255.68. Following the completion of the sale, the chief accounting officer owned 58,796 shares of the company’s stock, valued at approximately $3,593,611.52. The trade was a 35.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Lesley Evancho sold 20,000 shares of the company’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $60.69, for a total transaction of $1,213,800.00. Following the transaction, the insider owned 184,607 shares of the company’s stock, valued at $11,203,798.83. This represents a 9.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 61,158 shares of company stock valued at $3,742,983. 0.72% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Greykasell Wealth Strategies Inc. purchased a new position in EQT in the 4th quarter valued at about $26,000. Aventura Private Wealth LLC acquired a new stake in EQT in the 4th quarter worth about $31,000. Fortitude Family Office LLC increased its stake in EQT by 95.6% during the 4th quarter. Fortitude Family Office LLC now owns 573 shares of the oil and gas producer’s stock worth $31,000 after buying an additional 280 shares in the last quarter. Twin Peaks Wealth Advisors LLC acquired a new position in shares of EQT during the second quarter valued at approximately $41,000. Finally, Elyxium Wealth LLC acquired a new position in shares of EQT during the fourth quarter valued at approximately $49,000. Institutional investors and hedge funds own 90.81% of the company’s stock.

EQT News Summary

Here are the key news stories impacting EQT this week:

• Positive Sentiment: BMO Capital Markets raised its price target on EQT from $68 to $76 and maintained an “outperform” rating — a material upside to the current market level that likely helped lift the stock. EQT price target raise by BMO (Benzinga)
• Positive Sentiment: Zacks Research upgraded EQT to “Strong-Buy” and raised multiple near‑term and FY estimates (Q1 2027, Q4 2026, FY2026 and FY2028), signaling higher expected earnings that support valuation expansion. Zacks upgrades and estimate raises (MarketBeat)
• Positive Sentiment: Market commentary highlights that EQT is “printing cash” and attracting Wall Street attention after strong operational results and YTD outperformance — reinforcing investor appetite for the stock. EQT Is Printing Cash and Wall Street Is Starting to Notice (24/7 Wall St.)
• Neutral Sentiment: Ares is reported to be circling a roughly $650M industrial portfolio tied to EQT — a transaction that could monetize non‑core assets and affect cash/real estate holdings but its direct impact on EQT Corp’s core gas business is unclear. Ares circles $650M EQT industrial portfolio (The Real Deal)
• Neutral Sentiment: Truist Financial initiated coverage on EQT (coverage start can add liquidity/visibility but the note did not contain a headline upgrade). Truist begins coverage on EQT (American Banking News)
• Neutral Sentiment: Several articles referencing “EQT” in buyout bids (e.g., Vitabiotics) refer to the private‑equity firm EQT, not EQT Corporation (the energy producer). Investors should not conflate PE dealflow with EQT Corp’s operating performance. Bain, EQT, TPG race for Vitabiotics (LiveMint)

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.