APA (NASDAQ:APA) Price Target Raised to $37.00

APA (NASDAQ:APAFree Report) had its price target upped by Piper Sandler from $30.00 to $37.00 in a research note published on Thursday,Benzinga reports. They currently have a neutral rating on the stock.

Several other research analysts also recently weighed in on APA. Benchmark lifted their target price on APA from $33.00 to $40.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Sanford C. Bernstein cut their price target on APA from $26.00 to $25.00 and set a “market perform” rating for the company in a research note on Monday, January 5th. Royal Bank Of Canada increased their price target on APA from $26.00 to $29.00 and gave the stock a “sector perform” rating in a report on Thursday, March 5th. Morgan Stanley lowered their price objective on shares of APA from $23.00 to $21.00 and set an “underweight” rating on the stock in a research report on Friday, January 23rd. Finally, Johnson Rice raised shares of APA from a “hold” rating to an “accumulate” rating and boosted their price objective for the company from $35.00 to $40.00 in a research note on Thursday, December 4th. Seven equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $30.08.

Check Out Our Latest Analysis on APA

APA Price Performance

Shares of APA opened at $34.47 on Thursday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.82 and a current ratio of 0.82. APA has a fifty-two week low of $13.58 and a fifty-two week high of $34.59. The firm has a 50-day simple moving average of $27.88 and a 200-day simple moving average of $25.37. The company has a market capitalization of $12.18 billion, a price-to-earnings ratio of 8.64, a price-to-earnings-growth ratio of 18.58 and a beta of 0.67.

APA (NASDAQ:APAGet Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.29. The firm had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.89 billion. APA had a return on equity of 19.89% and a net margin of 15.55%.The firm’s revenue for the quarter was down 26.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.79 EPS. On average, equities research analysts anticipate that APA will post 4.03 earnings per share for the current year.

APA Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Wednesday, April 22nd will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Wednesday, April 22nd. APA’s dividend payout ratio (DPR) is currently 25.06%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Goldman Sachs Group Inc. lifted its holdings in APA by 76.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 7,171,963 shares of the company’s stock valued at $175,426,000 after acquiring an additional 3,117,032 shares during the period. AQR Capital Management LLC grew its stake in shares of APA by 157.1% during the 2nd quarter. AQR Capital Management LLC now owns 3,060,135 shares of the company’s stock worth $55,970,000 after purchasing an additional 1,869,891 shares during the period. Morgan Stanley grew its stake in shares of APA by 21.8% during the 4th quarter. Morgan Stanley now owns 10,425,586 shares of the company’s stock worth $255,010,000 after purchasing an additional 1,864,900 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of APA by 13.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 14,030,230 shares of the company’s stock valued at $340,657,000 after purchasing an additional 1,674,739 shares in the last quarter. Finally, Northern Trust Corp increased its holdings in shares of APA by 29.6% in the 3rd quarter. Northern Trust Corp now owns 4,462,476 shares of the company’s stock valued at $108,349,000 after purchasing an additional 1,018,326 shares in the last quarter. Institutional investors and hedge funds own 83.01% of the company’s stock.

Trending Headlines about APA

Here are the key news stories impacting APA this week:

  • Positive Sentiment: Piper Sandler raised its price target to $37 (neutral rating), signaling upside relative to recent levels and providing near-term buy-side support. Piper Sandler raises APA target
  • Positive Sentiment: Goldman Sachs published a bullish forecast for APA, calling for strong price appreciation — this high-profile backing can lift investor sentiment. Goldman Sachs bullish on APA
  • Positive Sentiment: RBC Capital raised its target to $29 and reiterated Sector Perform, citing oil strength and earnings momentum — another supportive institutional view. RBC raises APA target
  • Neutral Sentiment: Reported short-interest data showed zero shares outstanding for March (likely a data anomaly); it does not appear to be exerting real pressure or squeeze risk at present.
  • Negative Sentiment: Barclays raised its target to $28 but maintained an “underweight” rating — the new target still sits below recent trading levels, which could cap upside and weigh on sentiment. Barclays adjusts APA price target
  • Negative Sentiment: Zacks Research cut multiple near-term and medium-term EPS estimates (several quarters, FY2026–FY2027 and FY2028 revisions) and retains a “Hold” rating — broad downward revisions reduce forward earnings visibility and are a negative catalyst for valuation.

APA Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for APA (NASDAQ:APA)

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