EQT (NYSE:EQT) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

EQT (NYSE:EQT) had its target price upped by analysts at Wells Fargo & Company from $66.00 to $70.00 in a report issued on Friday,MarketScreener reports. The brokerage currently has an “overweight” rating on the oil and gas producer’s stock. Wells Fargo & Company‘s price target would suggest a potential upside of 15.72% from the company’s previous close.

Several other brokerages have also issued reports on EQT. Siebert Williams Shank raised their price target on shares of EQT from $59.00 to $62.00 and gave the stock a “hold” rating in a research note on Monday, January 26th. Citigroup reduced their price objective on EQT from $63.00 to $62.00 and set a “buy” rating for the company in a report on Friday, December 19th. JPMorgan Chase & Co. raised their target price on EQT from $58.00 to $68.00 and gave the stock an “overweight” rating in a research report on Thursday. Sanford C. Bernstein boosted their target price on EQT from $72.00 to $73.00 and gave the company an “outperform” rating in a research note on Monday, January 5th. Finally, UBS Group reaffirmed a “buy” rating on shares of EQT in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $65.27.

EQT Price Performance

EQT opened at $60.49 on Friday. The firm has a market cap of $37.76 billion, a P/E ratio of 18.27, a PEG ratio of 0.47 and a beta of 0.74. The firm has a 50-day moving average of $54.68 and a 200 day moving average of $54.57. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.58 and a current ratio of 0.76. EQT has a fifty-two week low of $43.57 and a fifty-two week high of $62.23.

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

Institutional Trading of EQT

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Greykasell Wealth Strategies Inc. bought a new position in EQT in the 4th quarter worth about $26,000. Aventura Private Wealth LLC purchased a new position in shares of EQT during the fourth quarter worth about $31,000. Fortitude Family Office LLC increased its position in shares of EQT by 95.6% in the fourth quarter. Fortitude Family Office LLC now owns 573 shares of the oil and gas producer’s stock worth $31,000 after purchasing an additional 280 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in EQT in the second quarter valued at approximately $41,000. Finally, Elyxium Wealth LLC bought a new stake in EQT during the fourth quarter valued at approximately $49,000. 90.81% of the stock is currently owned by institutional investors.

EQT News Summary

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Q4 earnings beat and operational drivers — EQT reported quarterly results that topped EPS expectations, driven by higher realized gas-equivalent prices and stronger sales volumes, which underpinned the earnings beat. Article Title
• Positive Sentiment: Large free cash flow and upgraded 2026 outlook — Management highlighted roughly $750M of Q4 free cash flow and raised 2026 production guidance while increasing its ownership in the Mountain Valley Pipeline to about 53%, signaling more control of midstream capacity and flexibility to fund buybacks, debt paydown or reinvestment. Article Title Article Title
• Positive Sentiment: Analyst upgrades lift sentiment — TD Cowen raised its target to $70 (buy) and JPMorgan lifted its target to $68 (overweight), both citing the company’s improved cash profile and outlook, which supports upside from current trading levels. TD Cowen Article JPMorgan Article
• Neutral Sentiment: CEO starts nonprofit with the Rockefellers — Toby Rice is launching a nonprofit to address energy access in low-income countries; positive for ESG/brand but unlikely to move fundamentals near-term. Article Title
• Neutral Sentiment: Call transcripts and summaries available — Full earnings call transcript and third‑party summaries provide more detail on capital allocation, production plans and commodity sensitivities for investors doing deeper due diligence. Call Transcript Earnings Summary
• Neutral Sentiment: Analyst/industry takeaways — Independent pieces (e.g., Seeking Alpha) are highlighting the strategic implications of the company’s “2x” production ambitions; useful for medium-term thesis but not an immediate catalyst. Seeking Alpha

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.