FY2026 EPS Forecast for Equinor ASA Increased by Analyst

Equinor ASA (NYSE:EQNR) – Research analysts at Erste Group Bank increased their FY2026 EPS estimates for shares of Equinor ASA in a research note issued on Thursday, April 2nd. Erste Group Bank analyst H. Engel now expects that the company will post earnings per share of $3.94 for the year, up from their previous forecast of $3.05. The consensus estimate for Equinor ASA’s current full-year earnings is $3.46 per share.

Several other analysts also recently commented on the stock. Jefferies Financial Group initiated coverage on shares of Equinor ASA in a research report on Thursday, January 8th. They set a “hold” rating for the company. Weiss Ratings raised shares of Equinor ASA from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, January 12th. Bank of America downgraded shares of Equinor ASA from a “buy” rating to a “neutral” rating in a research report on Thursday, February 5th. Morgan Stanley raised shares of Equinor ASA from an “underweight” rating to an “equal weight” rating and set a $40.40 price objective for the company in a research report on Tuesday, March 24th. Finally, UBS Group raised shares of Equinor ASA from a “sell” rating to a “neutral” rating in a research report on Friday, March 20th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $34.61.

Equinor ASA Stock Performance

Shares of EQNR stock opened at $38.55 on Thursday. The company has a market cap of $113.51 billion, a price-to-earnings ratio of 20.29 and a beta of 0.13. Equinor ASA has a 52 week low of $21.96 and a 52 week high of $43.46. The company has a quick ratio of 1.16, a current ratio of 1.27 and a debt-to-equity ratio of 0.64. The firm has a 50 day moving average of $33.64 and a 200-day moving average of $27.30.

Equinor ASA (NYSE:EQNR) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.60 by $0.21. The company had revenue of $25.26 billion during 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%.

Equinor ASA Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 27th. Investors of record on Friday, May 15th will be issued a $0.39 dividend. The ex-dividend date is Friday, May 15th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.0%. This is an increase from Equinor ASA’s previous quarterly dividend of $0.37. Equinor ASA’s dividend payout ratio (DPR) is 64.21%.

Hedge Funds Weigh In On Equinor ASA

A number of large investors have recently modified their holdings of EQNR. UMB Bank n.a. lifted its holdings in shares of Equinor ASA by 1,794.0% in the 4th quarter. UMB Bank n.a. now owns 1,269 shares of the company’s stock worth $30,000 after purchasing an additional 1,202 shares in the last quarter. Global Retirement Partners LLC lifted its holdings in shares of Equinor ASA by 86.2% in the 4th quarter. Global Retirement Partners LLC now owns 1,318 shares of the company’s stock worth $31,000 after purchasing an additional 610 shares in the last quarter. McIlrath & Eck LLC bought a new position in shares of Equinor ASA in the 2nd quarter worth $36,000. Sound Income Strategies LLC lifted its holdings in shares of Equinor ASA by 119.2% in the 4th quarter. Sound Income Strategies LLC now owns 1,876 shares of the company’s stock worth $48,000 after purchasing an additional 1,020 shares in the last quarter. Finally, Arax Advisory Partners lifted its holdings in shares of Equinor ASA by 78.6% in the 4th quarter. Arax Advisory Partners now owns 2,377 shares of the company’s stock worth $56,000 after purchasing an additional 1,046 shares in the last quarter. 5.51% of the stock is currently owned by institutional investors.

About Equinor ASA

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.