The Goldman Sachs Group Issues Pessimistic Forecast for EQT (NYSE:EQT) Stock Price

EQT (NYSE:EQT) had its price objective decreased by investment analysts at The Goldman Sachs Group from $68.00 to $65.00 in a report issued on Wednesday,MarketScreener reports. The brokerage currently has a “buy” rating on the oil and gas producer’s stock. The Goldman Sachs Group’s price objective would suggest a potential upside of 11.19% from the stock’s current price.

Other equities analysts have also recently issued reports about the company. Royal Bank Of Canada boosted their price target on EQT from $64.00 to $69.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 8th. Wolfe Research boosted their price target on EQT from $64.00 to $69.00 and gave the stock an “outperform” rating in a report on Monday, April 6th. Scotiabank cut their price target on EQT from $67.00 to $63.00 and set a “sector perform” rating for the company in a report on Wednesday, January 21st. JPMorgan Chase & Co. boosted their price target on EQT from $68.00 to $72.00 and gave the stock an “overweight” rating in a report on Tuesday, March 17th. Finally, Sanford C. Bernstein cut their price target on EQT from $73.00 to $69.00 and set an “outperform” rating for the company in a report on Monday. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $68.46.

EQT Stock Up 3.0%

EQT opened at $58.46 on Wednesday. The business’s fifty day moving average is $61.01 and its two-hundred day moving average is $57.39. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.76 and a current ratio of 0.76. The company has a market cap of $36.53 billion, a price-to-earnings ratio of 17.66, a PEG ratio of 1.07 and a beta of 0.70. EQT has a one year low of $47.14 and a one year high of $68.24.

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

Insider Activity at EQT

In related news, EVP Sarah Fenton sold 4,876 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $64.49, for a total value of $314,453.24. Following the completion of the transaction, the executive vice president directly owned 52,953 shares in the company, valued at approximately $3,414,938.97. This represents a 8.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Todd James sold 32,514 shares of the company’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 transaction, the chief accounting officer owned 58,796 shares of the company’s stock, valued at $3,593,611.52. The trade was a 35.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 61,158 shares of company stock worth $3,742,983. 0.72% of the stock is currently owned by insiders.

Hedge Funds Weigh In On EQT

Several institutional investors have recently added to or reduced their stakes in EQT. Caxton Associates LLP acquired a new position in EQT in the first quarter valued at $256,000. Focus Partners Wealth increased its stake in EQT by 9.0% in the first quarter. Focus Partners Wealth now owns 21,637 shares of the oil and gas producer’s stock valued at $1,156,000 after purchasing an additional 1,789 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S increased its stake in EQT by 495.2% in the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 128,060 shares of the oil and gas producer’s stock valued at $7,468,000 after purchasing an additional 106,545 shares during the last quarter. Captrust Financial Advisors increased its stake in EQT by 39.4% in the second quarter. Captrust Financial Advisors now owns 30,617 shares of the oil and gas producer’s stock valued at $1,786,000 after purchasing an additional 8,658 shares during the last quarter. Finally, First American Bank acquired a new stake in EQT during the third quarter worth about $1,915,000. 90.81% of the stock is currently owned by institutional investors and hedge funds.

Key EQT News

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Restarted sale of contact-lens maker Ginko, expected to fetch at least $1 billion — reduces EQT’s private-asset exposure and would free cash for buybacks, debt paydown or deals. Ginko sale restarted
• Positive Sentiment: Goldman Sachs maintained a Buy rating on EQT (while trimming its price target), which supports upside sentiment from institutional investors despite the lower target. Goldman Sachs buy
• Positive Sentiment: Board declared a quarterly dividend (annualized yield ~1.2%), which provides income-supportive demand for the shares and signals confidence in cash flow. (Company announcement)
• Neutral Sentiment: Shareholders approved an expanded long-term incentive plan — aligns management and shareholders over time but may increase share-based compensation/dilution depending on vesting and issuance. LTIP approved
• Neutral Sentiment: RBC Capital reaffirmed a Sector Perform/hold on EQT with a $69 target — keeps a modestly constructive medium-term view but no near-term upgrade catalyst. RBC hold
• Negative Sentiment: EQT’s unsolicited ~£5,150-per-share (~$11bn) takeover approach for UK testing firm Intertek was rejected as “undervalued,” and Intertek shares surged — the failed approach raises questions about deal execution and potential cash/financing plans tied to the bid. Intertek rejection
• Negative Sentiment: EQT expects a roughly $238 million derivatives loss for Q1 2026 — an identifiable near-term hit to earnings that could pressure margins and guidance. Derivatives loss
• Negative Sentiment: Several analyst moves weigh on sentiment: Sanford C. Bernstein cut its price target to $69, Citigroup downgraded EQT from Strong-Buy to Hold, and Goldman trimmed its PT to $65 despite keeping a Buy — a mix that can cap near-term upside until results/strategy clarity. Analyst changes

About EQT

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.