​

APA (APA) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

APA Stock Forecast

APA stock forecast is as follows: an average price target of $28.08 (represents a 27.12% upside from APA’s last price of $22.09) and a rating consensus of 'Buy', based on 18 wall street analysts offering a 1-year stock forecast.

APA Price Target

The average price target for APA (APA) is $28.08 based on 1-year price targets from 18 Wall Street analysts in the past 3 months, with a price target range of $34.00 to $23.00. This represents a potential 27.12% upside from APA's last price of $22.09.

APA Analyst Ratings

Buy

According to 18 Wall Street analysts, APA's rating consensus is 'Buy'. The analyst rating breakdown for APA stock is 1 'Strong Buy' (5.56%), 10 'Buy' (55.56%), 7 'Hold' (38.89%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

APA Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 15, 2024Stephen RichardsonEvercore ISI$30.00$22.6032.74%35.81%
Oct 01, 2024Nitin KumarMizuho Securities$28.00$25.669.12%26.75%
Oct 01, 2024Roger ReadWells Fargo$23.50$12.2392.15%6.38%
Sep 12, 2024Paul ChengScotiabank$30.00$23.8126.00%35.81%
Sep 11, 2024Neal DingmannTruist Financial$23.00$11.5998.45%4.12%
Jul 18, 2024Mark LearPiper Sandler$34.00$32.225.52%53.92%
Jun 14, 2024Stephen RichardsonEvercore ISI$39.00$28.5736.51%76.55%
May 21, 2024Nitin KumarMizuho Securities$35.00$30.9013.27%58.44%
May 14, 2024Mark LearPiper Sandler$33.00$30.209.27%49.39%
Apr 15, 2024Devin McDermottMorgan Stanley$28.00$33.72-16.96%26.75%
Apr 09, 2024Betty JiangBarclays$40.00$34.8914.65%81.08%
Apr 05, 2024Neal DingmannTruist Financial$53.00$35.3749.84%139.93%
Jan 26, 2024Leo MarianiRoth Capital$37.00$16.02130.96%67.50%
Mar 23, 2023Roger ReadWells Fargo$52.00$34.3551.38%135.40%
Mar 23, 2023John FreemanRaymond James$61.00$34.3577.58%176.14%
Mar 23, 2023Arun JayaramJ.P. Morgan$56.00$34.3563.03%153.51%
Dec 14, 2022Morgan Stanley$52.00$45.0815.35%135.40%
Dec 01, 2022Raymond James$68.00$46.8545.14%207.83%
Nov 17, 2022Piper Sandler$49.00$47.433.31%121.82%
Nov 14, 2022Citigroup$62.00$48.7627.15%180.67%
Oct 05, 2022John FreemanRaymond James$70.00$40.3773.40%216.89%
Sep 19, 2022Neal DingmannTruist Financial$39.01$40.38-3.38%76.60%
Sep 19, 2022Truist Financial$37.50$20.3084.73%69.76%
Aug 31, 2022Barclays$53.00$38.4038.02%139.93%
Aug 29, 2022Morgan Stanley$54.00$41.2330.97%144.45%
Aug 26, 2022MKM Partners$50.00$40.1824.44%126.35%
Aug 18, 2022Mizuho Securities$54.00$35.0354.13%144.45%
Aug 05, 2022Susquehanna$49.00$32.4950.82%121.82%
Aug 01, 2022Mark LearPiper Sandler$47.00$37.1726.45%112.77%
Jul 27, 2022Leo MarianiMKM Partners$45.00$34.1231.89%103.71%
Jul 19, 2022Mizuho Securities$56.00$33.3467.97%153.51%
Jul 13, 2022Barclays$55.00$32.7068.20%148.98%
Jul 06, 2022Goldman Sachs$41.00$32.7325.27%85.60%
Jun 23, 2022Jeanine WaiBarclays$62.00$37.1466.94%180.67%
Jun 03, 2022Vincent LovaglioMizuho Securities$60.00$47.9725.08%171.62%
May 25, 2022Barclays$54.00$43.6223.80%144.45%
May 10, 2022Paul ChengScotiabank$60.00$37.1861.38%171.62%
Apr 25, 2022Raymond James$37.50$20.3684.18%69.76%
Apr 22, 2022Morgan Stanley$57.00$41.7036.69%158.04%
Apr 22, 2022Barclays$56.00$41.6734.39%153.51%
Apr 05, 2022Leo MarianiKeyBanc$45.00$41.697.94%103.71%
Mar 04, 2022Leo MarianiKeyBanc$41.00$39.483.85%85.60%
Feb 23, 2022John GerdesMKM Partners$44.00$30.8342.72%99.19%
Feb 23, 2022Scott HanoldRBC Capital$40.00$30.8329.74%81.08%
Jan 25, 2022Devin McDermottMorgan Stanley$41.00$33.0723.98%85.60%
Jan 06, 2022Jeanine WaiBarclays$30.00$29.501.69%35.81%
Nov 17, 2021Lloyd ByrneUBS$35.00$27.5527.04%58.44%
Sep 30, 2021Scott GruberCitigroup$23.00$21.307.98%4.12%
Jun 21, 2021Bob BrackettBernstein$35.00$21.9959.16%58.44%
Jun 08, 2021Charles MeadeJohnson Rice$38.00$22.9665.51%72.02%
May 12, 2021Josh SilversteinWolfe Research$24.00$20.9714.45%8.65%
Apr 20, 2021Neil MehtaGoldman Sachs$21.50$16.8527.60%-2.67%

The latest APA stock forecast, released on Nov 15, 2024 by Stephen Richardson from Evercore ISI, set a price target of $30.00, which represents a 32.74% increase from the stock price at the time of the forecast ($22.60), and a 35.81% increase from APA last price ($22.09).

APA Price Target by Period

1M3M12M
# Anlaysts-313
Avg Price Target-$27.17$33.35
Last Closing Price$22.09$22.09$22.09
Upside/Downside-100.00%23.00%50.97%

In the current month, the average price target of APA stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to APA's last price of $22.09. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 15, 2024Evercore ISIPositivePositiveHold
Oct 01, 2024UBSUnderperformUnderperformHold
Oct 01, 2024Wells FargoSector PerformSector PerformHold
Oct 01, 2024Wells FargoOverweightOverweightHold
Sep 12, 2024ScotiabankSector PerformSector PerformHold
Sep 11, 2024Cowen & Co.HoldHoldHold
Sep 04, 2024Wells FargoMarket PerformMarket PerformHold
Sep 04, 2024UBSUnderperformUnderperformHold
Aug 02, 2024Wells FargoUnderperformUnderperformHold
Aug 02, 2024William BlairMarket PerformMarket PerformHold
Jul 18, 2024Piper SandlerNeutralNeutralHold
Jul 10, 2024Wells FargoUnderperformUnderperformHold
Jul 10, 2024William BlairSector PerformSector PerformHold
Jun 14, 2024William BlairSector PerformSector PerformHold
Jun 14, 2024Wells FargoUnderperformUnderperformHold
May 14, 2024Piper SandlerNeutralNeutralHold
May 07, 2024William BlairSector PerformSector PerformHold
May 07, 2024Wells FargoUnderperformUnderperformHold
Apr 19, 2024Piper SandlerNeutralNeutralHold
Apr 02, 2024Truist FinancialSector PerformSector PerformHold
Apr 02, 2024SusquehannaUnderperformUnderperformHold
Mar 11, 2024Raymond JamesStrong BuyStrong BuyHold
Jan 26, 2024Raymond JamesStrong BuyStrong BuyHold
Jan 26, 2024Wells FargoOverweightOverweightHold
Jan 05, 2024Wells FargoSector PerformSector PerformHold
Jan 05, 2024UBSUnderperformUnderperformHold
Nov 13, 2023BenchmarkBuyBuyHold
Apr 18, 2023Wells FargoOverweightOverweightHold
Mar 23, 2023Raymond JamesStrong BuyStrong BuyHold
Dec 14, 2022Morgan StanleyOverweightOverweightHold
Dec 07, 2022BarclaysOverweightOverweightHold
Dec 05, 2022B. Riley SecuritiesBuyBuyHold
Dec 05, 2022Wolfe ResearchOutperformUpgrade
Dec 05, 2022Wells FargoOverweightOverweightHold
Dec 01, 2022Raymond JamesStrong BuyStrong BuyHold
Nov 17, 2022Piper SandlerNeutralNeutralHold
Oct 05, 2022Raymond JamesStrong BuyStrong BuyHold
Sep 19, 2022B. RileyBuyBuyHold
Sep 12, 2022CitigroupBuyUpgrade
Aug 29, 2022Morgan StanleyOverweightOverweightHold
Aug 26, 2022MKM PartnersBuyBuyHold
Aug 05, 2022SusquehannaPositivePositiveHold
Jul 22, 2022Piper SandlerNeutralNeutralHold
Jul 06, 2022Goldman SachsNeutralNeutralHold
Jun 23, 2022BarclaysOverweightOverweightHold
May 25, 2022BarclaysOverweightOverweightHold
May 10, 2022ScotiabankSector OutperformSector OutperformHold
Apr 05, 2022KeyBancOverweightOverweightHold
Mar 04, 2022KeyBancOverweightOverweightHold
Feb 24, 2022Raymond JamesStrong BuyStrong BuyHold
Jan 25, 2022Morgan StanleyOverweightOverweightHold
Dec 29, 2021Raymond JamesStrong BuyStrong BuyHold

APA's last stock rating was published by Evercore ISI on Nov 15, 2024. The company gave APA a "Positive" rating, the same as its previous rate.

APA Financial Forecast

APA Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$2.31B$1.80B$2.01B$2.47B$2.89B$3.05B$2.67B$2.30B$2.06B$1.76B$1.87B$1.22B$1.12B$752.00M$1.34B$1.63B$1.44B
Avg Forecast$2.08B$2.06B$2.03B$2.02B$2.12B$2.09B$2.04B$2.08B$2.28B$2.27B$2.28B$1.89B$2.07B$2.03B$1.74B$1.86B$2.12B$2.38B$2.62B$2.42B$1.93B$1.67B$1.50B$1.48B$1.06B$994.60M$700.33M$1.31B$1.62B$1.45B
High Forecast$2.30B$2.29B$2.25B$2.24B$2.35B$2.31B$2.26B$2.39B$2.55B$2.31B$2.28B$1.89B$2.27B$2.10B$1.93B$2.07B$2.35B$2.38B$2.62B$2.42B$1.93B$1.67B$1.50B$1.48B$1.06B$994.60M$700.33M$1.31B$1.62B$1.45B
Low Forecast$1.85B$1.84B$1.80B$1.79B$1.88B$1.86B$1.81B$1.89B$2.10B$2.22B$2.28B$1.88B$1.95B$1.89B$1.55B$1.66B$1.88B$2.38B$2.62B$2.42B$1.93B$1.67B$1.50B$1.48B$1.06B$994.60M$700.33M$1.31B$1.62B$1.45B
# Analysts33454527843478544343545459991313
Surprise %-------------1.14%1.03%1.08%1.17%1.21%1.16%1.10%1.19%1.24%1.17%1.27%1.15%1.13%1.07%1.03%1.01%0.99%

APA's average Quarter revenue forecast for Dec 23 based on 7 analysts is $2.07B, with a low forecast of $1.95B, and a high forecast of $2.27B. APA's average Quarter revenue forecast represents a -10.12% decrease compared to the company's last Quarter revenue of $2.31B (Sep 23).

APA EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33454527843478544343545459991313
EBITDA-------------$1.51B$1.37B$832.00M$1.02B$1.57B$1.88B$1.35B$1.06B$504.00M$886.00M$687.00M$153.00M$156.00M$-300.00M$-4.30B$-2.65B$121.00M
Avg Forecast$564.94M$561.75M$552.01M$548.31M$576.08M$567.74M$554.78M$566.29M$619.83M$616.51M$621.77M$428.03M$564.50M$553.25M$473.01M$389.12M$1.31B$732.18M$805.08M$353.75M$591.88M$512.17M$461.30M$426.77M$325.10M$305.61M$215.19M$-6.22B$496.75M$444.17M
High Forecast$626.82M$623.27M$612.47M$608.36M$639.18M$629.92M$615.54M$651.37M$693.23M$629.21M$621.77M$513.64M$616.82M$572.65M$524.82M$466.95M$1.58B$732.18M$805.08M$424.50M$591.88M$512.17M$461.30M$512.13M$325.10M$305.61M$215.19M$-4.98B$496.75M$444.17M
Low Forecast$502.33M$499.49M$490.83M$487.54M$512.23M$504.81M$493.29M$513.12M$570.90M$603.82M$621.77M$342.43M$531.46M$514.34M$420.59M$311.30M$1.05B$732.18M$805.08M$283.00M$591.88M$512.17M$461.30M$341.42M$325.10M$305.61M$215.19M$-7.46B$496.75M$444.17M
Surprise %-------------2.72%2.90%2.14%0.77%2.15%2.33%3.82%1.80%0.98%1.92%1.61%0.47%0.51%-1.39%0.69%-5.34%0.27%

7 analysts predict APA's average Quarter EBITDA for Dec 23 to be $564.50M, with a high of $616.82M and a low of $531.46M. This is -62.54% lower than APA's previous annual EBITDA (Sep 23) of $1.51B.

APA Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33454527843478544343545459991313
Net Income-------------$459.00M$381.00M$326.00M$443.00M$422.00M$926.00M$1.81B$485.00M$-83.00M$340.00M$407.00M$30.00M$15.00M$-367.00M$-4.46B$-2.96B$-152.00M
Avg Forecast$377.94M$367.01M$340.31M$345.44M$322.89M$294.64M$269.77M$331.39M$362.54M$359.26M$326.51M$-93.05M$510.00M$400.76M$277.03M$-84.59M$581.54M$647.46M$865.20M$-76.90M$544.41M$345.29M$210.57M$252.83M$-38.04M$-126.22M$-368.41M$-6.45B$-24.84M$-75.95M
High Forecast$431.75M$419.27M$388.77M$394.63M$368.86M$336.59M$308.18M$480.51M$450.42M$410.41M$328.65M$-74.44M$602.39M$656.11M$316.48M$-67.67M$697.85M$647.46M$865.20M$-61.52M$544.41M$345.29M$210.57M$303.40M$-38.04M$-126.22M$-368.41M$-5.16B$-24.84M$-75.95M
Low Forecast$323.48M$314.13M$291.28M$295.67M$276.37M$252.18M$230.90M$128.41M$208.73M$307.49M$324.38M$-111.66M$454.57M$173.78M$237.11M$-101.51M$465.23M$647.46M$865.20M$-92.28M$544.41M$345.29M$210.57M$202.27M$-38.04M$-126.22M$-368.41M$-7.74B$-24.84M$-75.95M
Surprise %-------------1.15%1.38%-3.85%0.76%0.65%1.07%-23.58%0.89%-0.24%1.61%1.61%-0.79%-0.12%1.00%0.69%119.14%2.00%

APA's average Quarter net income forecast for Dec 23 is $510.00M, with a range of $454.57M to $602.39M. APA's average Quarter net income forecast represents a 11.11% increase compared to the company's last Quarter net income of $459.00M (Sep 23).

APA SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33454527843478544343545459991313
SG&A-------------$139.00M$72.00M$65.00M$169.00M$69.00M$89.00M$156.00M$137.00M$70.00M$86.00M$83.00M$76.00M$52.00M$94.00M$68.00M$83.00M$98.00M
Avg Forecast$109.11M$108.49M$106.61M$105.90M$111.26M$109.65M$107.15M$109.37M$119.71M$119.07M$120.09M$207.37M$109.03M$106.85M$91.36M$188.52M$169.15M$125.23M$137.70M$171.38M$101.23M$87.60M$78.90M$51.56M$55.60M$52.27M$36.81M$98.29M$84.96M$75.97M
High Forecast$121.06M$120.38M$118.29M$117.50M$123.45M$121.66M$118.88M$125.80M$133.89M$121.52M$120.09M$248.84M$119.13M$110.60M$101.36M$226.22M$202.98M$125.23M$137.70M$205.66M$101.23M$87.60M$78.90M$61.87M$55.60M$52.27M$36.81M$117.95M$84.96M$75.97M
Low Forecast$97.02M$96.47M$94.80M$94.16M$98.93M$97.50M$95.27M$99.10M$110.26M$116.62M$120.09M$165.90M$102.64M$99.34M$81.23M$150.81M$135.32M$125.23M$137.70M$137.10M$101.23M$87.60M$78.90M$41.25M$55.60M$52.27M$36.81M$78.63M$84.96M$75.97M
Surprise %-------------1.30%0.79%0.34%1.00%0.55%0.65%0.91%1.35%0.80%1.09%1.61%1.37%0.99%2.55%0.69%0.98%1.29%

APA's average Quarter SG&A projection for Dec 23 is $109.03M, based on 7 Wall Street analysts, with a range of $102.64M to $119.13M. The forecast indicates a -21.56% fall compared to APA last annual SG&A of $139.00M (Sep 23).

APA EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33454527843478544343545459991313
EPS-------------$1.49$1.24$1.05$1.38$1.28$2.72$5.44$1.34$-0.22$0.83$1.02$0.03$-0.01$-1.02$-11.86$-7.89$-0.45
Avg Forecast$1.02$0.99$0.92$0.93$0.87$0.80$0.73$0.90$0.98$0.97$0.88$0.95$1.38$1.08$0.75$0.98$1.30$1.74$2.33$2.20$1.46$0.93$0.57$0.71$-0.10$-0.34$-0.99$-0.33$-0.07$-0.20
High Forecast$1.17$1.13$1.05$1.07$1.00$0.91$0.83$1.30$1.22$1.11$0.89$0.96$1.63$1.77$0.86$1.12$1.48$1.74$2.33$2.20$1.46$0.93$0.57$0.71$-0.10$-0.34$-0.99$-0.33$-0.07$-0.20
Low Forecast$0.87$0.85$0.79$0.80$0.75$0.68$0.62$0.35$0.56$0.83$0.88$0.94$1.23$0.47$0.64$0.84$1.11$1.74$2.33$2.20$1.46$0.93$0.57$0.71$-0.10$-0.34$-0.99$-0.33$-0.07$-0.20
Surprise %-------------1.38%1.66%1.07%1.06%0.74%1.17%2.48%0.92%-0.24%1.47%1.44%-0.29%0.03%1.03%35.52%118.14%2.20%

According to 7 Wall Street analysts, APA's projected average Quarter EPS for Dec 23 is $1.38, with a low estimate of $1.23 and a high estimate of $1.63. This represents a -7.49% decrease compared to APA previous annual EPS of $1.49 (Sep 23).

APA Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MURMurphy Oil$28.66$47.6066.09%Buy
DVNDevon Energy$31.20$50.5061.86%Buy
COPConocoPhillips$96.92$142.0046.51%Buy
PRPermian Resources$13.85$20.0044.40%Buy
FANGDiamondback Energy$158.34$221.8240.09%Buy
OXYOccidental Petroleum$48.56$65.3834.64%Buy
HESHess$130.58$169.0029.42%Hold
APAAPA$22.09$28.0827.12%Buy
EOGEOG Resources$120.40$147.0022.09%Buy
RRCRange Resources$34.79$35.883.13%Buy

APA Forecast FAQ

Is APA a good buy?

Yes, according to 18 Wall Street analysts, APA (APA) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 10 'Buy' recommendations, accounting for 61.11% of APA's total ratings.

What is APA's price target?

APA (APA) average price target is $28.08 with a range of $23 to $34, implying a 27.12% from its last price of $22.09. The data is based on 18 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will APA stock go up soon?

According to Wall Street analysts' prediction for APA stock, the company can go up by 27.12% (from the last price of $22.09 to the average price target of $28.08), up by 53.92% based on the highest stock price target, and up by 4.12% based on the lowest stock price target.

Can APA stock reach $30?

APA's highest twelve months analyst stock price target of $34 supports the claim that APA can reach $30 in the near future.

What are APA's analysts' financial forecasts?

APA's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $8.32B (high $9.32B, low $7.44B), average EBITDA is $2.26B (high $2.54B, low $2.02B), average net income is $1.22B (high $1.49B, low $887.86M), average SG&A $437.44M (high $489.8M, low $390.81M), and average EPS is $3.29 (high $4.04, low $2.4). APA's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $8.18B (high $9.08B, low $7.28B), average EBITDA is $2.23B (high $2.47B, low $1.98B), average net income is $1.43B (high $1.63B, low $1.22B), average SG&A $430.12M (high $477.23M, low $382.45M), and average EPS is $3.87 (high $4.42, low $3.31).

Did the APA's actual financial results beat the analysts' financial forecasts?

Based on APA's last annual report (Dec 2022), the company's revenue was $11.08B, beating the average analysts forecast of $9.54B by 16.11%. Apple's EBITDA was $5.23B, beating the average prediction of $3.2B by 63.20%. The company's net income was $3.6B, beating the average estimation of $2.02B by 78.65%. Apple's SG&A was $483M, missing the average forecast of $603.46M by -19.96%. Lastly, the company's EPS was $11.05, beating the average prediction of $7.56 by 46.15%. In terms of the last quarterly report (Sep 2023), APA's revenue was $2.31B, beating the average analysts' forecast of $2.03B by 13.52%. The company's EBITDA was $1.51B, beating the average prediction of $553.25M by 172.39%. APA's net income was $459M, beating the average estimation of $400.76M by 14.53%. The company's SG&A was $139M, beating the average forecast of $106.85M by 30.09%. Lastly, the company's EPS was $1.49, beating the average prediction of $1.08 by 37.56%