Evercore Forecasts Strong Price Appreciation for APA (NASDAQ:APA) Stock

APA (NASDAQ:APA) had its price target increased by stock analysts at Evercore from $21.00 to $25.00 in a research note issued to investors on Thursday,MarketScreener reports. Evercore’s target price indicates a potential downside of 17.68% from the company’s previous close.

A number of other research firms also recently commented on APA. Stephens boosted their price target on shares of APA from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 17th. Roth Mkm boosted their target price on APA from $23.00 to $27.00 and gave the stock a “neutral” rating in a report on Thursday. Jefferies Financial Group upped their target price on APA from $21.00 to $22.00 and gave the stock a “hold” rating in a research report on Tuesday, January 20th. Raymond James Financial reiterated an “outperform” rating and set a $31.00 price target on shares of APA in a research report on Monday, November 24th. Finally, Wolfe Research reissued an “outperform” rating and issued a $35.00 price objective on shares of APA in a research note on Wednesday, January 21st. Seven analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $27.39.

APA Trading Up 4.4%

NASDAQ:APA opened at $30.37 on Thursday. The stock has a market cap of $10.77 billion, a price-to-earnings ratio of 7.61, a PEG ratio of 13.30 and a beta of 0.74. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.78 and a current ratio of 0.78. APA has a 1 year low of $13.58 and a 1 year high of $30.42. The business has a fifty day moving average of $26.28 and a 200-day moving average of $24.53.

APA (NASDAQ:APA) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.29. The business had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.89 billion. APA had a net margin of 15.55% and a return on equity of 20.08%. The company’s revenue was down 26.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.79 earnings per share. Equities analysts predict that APA will post 4.03 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Deseret Mutual Benefit Administrators increased its position in shares of APA by 276.7% in the third quarter. Deseret Mutual Benefit Administrators now owns 1,213 shares of the company’s stock worth $29,000 after acquiring an additional 891 shares in the last quarter. Summit Securities Group LLC boosted its stake in APA by 115.1% in the 4th quarter. Summit Securities Group LLC now owns 1,327 shares of the company’s stock worth $32,000 after purchasing an additional 710 shares during the period. Atlantic Union Bankshares Corp acquired a new position in APA in the 3rd quarter worth approximately $34,000. Spire Wealth Management grew its position in APA by 179.6% during the 3rd quarter. Spire Wealth Management now owns 1,521 shares of the company’s stock worth $37,000 after purchasing an additional 977 shares in the last quarter. Finally, Camelot Portfolios LLC acquired a new stake in APA during the 4th quarter valued at $37,000. 83.01% of the stock is currently owned by institutional investors and hedge funds.

More APA News

Here are the key news stories impacting APA this week:

• Positive Sentiment: Q4 results and free cash flow beat — APA reported better‑than‑expected EPS and revenue and highlighted robust free cash flow and disciplined capital allocation, supporting the rally. APA beats quarterly profit estimates
• Positive Sentiment: Strategic capital plan & cost savings — Management signaled a $2.1B 2026 capital plan and is targeting roughly $450M in annual cost savings, which improves free cash flow outlook and supports share gains. APA signals $2.1B capital plan
• Positive Sentiment: Bullish analyst move — Wolfe Research raised its price target to $39 and kept an “outperform” rating, implying material upside and likely helping buying interest. Wolfe raises PT to $39
• Neutral Sentiment: Major bank neutral adjustments — Roth MKM and JPMorgan raised targets to $27 and $29 respectively but maintained neutral ratings, narrowing upside and signaling mixed conviction. Roth raises PT to $27 JPMorgan raises PT to $29
• Negative Sentiment: Some analysts still see downside — Mizuho and Evercore raised price targets but keep below‑current valuations (to $24 and $25) with underperform/in‑line stances, which likely caps gains for investors focused on downside risk. Mizuho adjusts PT to $24 Evercore adjusts PT to $25

About APA

APA Corporation (NASDAQ: APA) is an independent exploration and production company engaged in the acquisition, development and production of oil and natural gas resources. The company operates through three core regions: the United States, Egypt and the North Sea. Through its integrated approach, APA combines geological and geophysical expertise with technical innovation to identify and develop hydrocarbons in both onshore and offshore settings.

In the United States, APA’s largest position is in the Permian Basin of West Texas and southeastern New Mexico, where it holds substantial acreage dedicated to oil-focused drilling and production.