APA (APA) Stock Forecast, Price Target & Predictions
APA Stock Forecast
APA stock forecast is as follows: an average price target of $43.52 (represents a 81.79% upside from APA’s last price of $23.94) and a rating consensus of 'Buy', based on 17 wall street analysts offering a 1-year stock forecast.
APA Price Target
The average price target for APA (APA) is $43.52 based on 1-year price targets from 17 Wall Street analysts in the past 3 months, with a price target range of $74.00 to $24.00. This represents a potential 81.79% upside from APA's last price of $23.94.
APA Analyst Ratings
According to 17 Wall Street analysts, APA's rating consensus is 'Buy'. The analyst rating breakdown for APA stock is 1 'Strong Buy' (5.88%), 9 'Buy' (52.94%), 7 'Hold' (41.18%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
APA Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 12, 2024 | Paul Cheng | Scotiabank | $30.00 | $23.81 | 26.00% | 25.31% |
| Sep 11, 2024 | Neal Dingmann | Truist Financial | $46.00 | $23.17 | 98.53% | 92.15% |
| Jul 18, 2024 | Mark Lear | Piper Sandler | $34.00 | $32.22 | 5.52% | 42.02% |
| Jun 14, 2024 | Stephen Richardson | Evercore ISI | $39.00 | $28.57 | 36.51% | 62.91% |
| May 21, 2024 | Nitin Kumar | Mizuho Securities | $35.00 | $30.90 | 13.27% | 46.20% |
| May 14, 2024 | Mark Lear | Piper Sandler | $33.00 | $30.20 | 9.27% | 37.84% |
| Apr 15, 2024 | Devin McDermott | Morgan Stanley | $28.00 | $33.72 | -16.96% | 16.96% |
| Apr 09, 2024 | Betty Jiang | Barclays | $40.00 | $34.89 | 14.65% | 67.08% |
| Apr 05, 2024 | Neal Dingmann | Truist Financial | $53.00 | $35.37 | 49.84% | 121.39% |
| Jan 26, 2024 | Leo Mariani | Roth Capital | $74.00 | $32.04 | 130.96% | 209.11% |
The latest APA stock forecast, released on Sep 12, 2024 by Paul Cheng from Scotiabank, set a price target of $30.00, which represents a 26.00% increase from the stock price at the time of the forecast ($23.81), and a 25.31% increase from APA last price ($23.94).
APA Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 3 | 10 |
| Avg Price Target | $38.00 | $36.67 | $41.20 |
| Last Closing Price | $23.94 | $23.94 | $23.94 |
| Upside/Downside | 58.73% | 53.17% | 72.10% |
In the current month, the average price target of APA stock is $38.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 58.73% increase as opposed to APA's last price of $23.94. This month's average price target is up 3.63% compared to last quarter, and down -7.77% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 12, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Sep 11, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Sep 04, 2024 | Wells Fargo | Market Perform | Market Perform | Hold |
| Sep 04, 2024 | UBS | Underperform | Underperform | Hold |
| Aug 02, 2024 | William Blair | Market Perform | Market Perform | Hold |
| Aug 02, 2024 | Wells Fargo | Underperform | Underperform | Hold |
| Jul 18, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 10, 2024 | Wells Fargo | Underperform | Underperform | Hold |
| Jul 10, 2024 | William Blair | Sector Perform | Sector Perform | Hold |
| Jun 14, 2024 | William Blair | Sector Perform | Sector Perform | Hold |
APA's last stock rating was published by Scotiabank on Sep 12, 2024. The company gave APA a "Sector Perform" rating, the same as its previous rate.
APA Financial Forecast
APA Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.31B | $1.80B | $2.01B | $2.47B | $2.89B | - | $2.67B | $2.30B | $2.06B | $1.76B | $1.87B | $1.22B | $1.12B | $752.00M | $1.34B | $1.63B | $1.44B |
| Avg Forecast | $2.25B | $2.24B | $2.22B | $2.23B | $2.39B | $2.36B | $2.29B | $2.32B | $2.42B | $2.32B | $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 | $2.38B | $2.37B | $2.35B | $2.35B | $2.53B | $2.50B | $2.42B | $2.45B | $2.55B | $2.48B | $2.41B | $1.99B | $2.27B | $2.10B | $1.84B | $1.97B | $2.24B | $2.52B | $2.62B | $2.63B | $2.10B | $1.82B | $1.64B | $1.61B | $1.15B | $1.08B | $763.32M | $1.43B | $1.76B | $1.58B |
| Low Forecast | $2.06B | $2.05B | $2.03B | $2.03B | $2.18B | $2.16B | $2.09B | $2.12B | $2.21B | $2.21B | $2.09B | $1.72B | $1.95B | $1.89B | $1.59B | $1.70B | $1.93B | $2.18B | $2.62B | $2.17B | $1.73B | $1.50B | $1.35B | $1.33B | $949.96M | $893.02M | $628.81M | $1.18B | $1.45B | $1.30B |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 7 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 1.03% | 1.08% | 1.17% | 1.21% | - | 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 7 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.51B | $1.37B | $832.00M | $1.02B | $1.57B | - | $1.35B | $1.06B | $504.00M | $886.00M | $687.00M | $153.00M | $156.00M | $-300.00M | $-4.30B | $-2.65B | $121.00M |
| Avg Forecast | $692.36M | $689.80M | $683.17M | $683.92M | $734.77M | $726.24M | $703.85M | $713.73M | $742.17M | $711.63M | $702.11M | $428.03M | $637.44M | $624.74M | $534.13M | $389.12M | $650.98M | $573.09M | $805.08M | $353.75M | $1.19B | $453.03M | $623.48M | $426.77M | $212.81M | $216.62M | $-380.20M | $-6.22B | $-7.96B | $63.05M |
| High Forecast | $731.52M | $728.82M | $721.81M | $722.61M | $776.32M | $767.32M | $743.66M | $754.09M | $784.15M | $762.89M | $741.82M | $513.64M | $696.52M | $646.64M | $564.35M | $466.95M | $687.80M | $687.71M | $805.08M | $424.50M | $1.43B | $543.64M | $748.18M | $512.13M | $255.37M | $259.94M | $-304.16M | $-4.98B | $-6.36B | $75.66M |
| Low Forecast | $632.26M | $629.93M | $623.87M | $624.56M | $670.99M | $663.20M | $642.76M | $651.77M | $677.75M | $678.46M | $641.17M | $342.43M | $600.13M | $580.80M | $487.77M | $311.30M | $594.48M | $458.47M | $805.08M | $283.00M | $955.43M | $362.43M | $498.79M | $341.42M | $170.25M | $173.30M | $-456.24M | $-7.46B | $-9.55B | $50.44M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.41% | 2.56% | 2.14% | 1.56% | 2.75% | - | 3.82% | 0.89% | 1.11% | 1.42% | 1.61% | 0.72% | 0.72% | 0.79% | 0.69% | 0.33% | 1.92% |
7 analysts predict APA's average Quarter EBITDA for Dec 23 to be $637.44M, with a high of $696.52M and a low of $600.13M. This is -57.70% lower than APA's previous annual EBITDA (Sep 23) of $1.51B.
APA Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 7 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $459.00M | $381.00M | $326.00M | $443.00M | $422.00M | - | $1.81B | $485.00M | $-83.00M | $340.00M | $407.00M | $30.00M | $15.00M | $-367.00M | $-4.46B | $-2.96B | $-152.00M |
| Avg Forecast | $480.13M | $460.04M | $441.30M | $443.15M | $445.66M | $432.35M | $393.23M | $405.06M | $423.51M | $410.38M | $328.28M | $-93.05M | $512.76M | $402.93M | $278.53M | $-84.59M | $482.34M | $-94.38M | $702.39M | $-76.90M | $528.67M | $-74.61M | $239.26M | $252.83M | $41.73M | $20.83M | $-465.11M | $-6.45B | $-8.88B | $-79.20M |
| High Forecast | $515.44M | $493.87M | $473.75M | $475.73M | $478.42M | $464.14M | $422.15M | $434.84M | $454.65M | $531.29M | $352.41M | $-74.44M | $605.65M | $659.66M | $299.01M | $-67.67M | $517.80M | $-75.50M | $702.39M | $-61.52M | $634.41M | $-59.69M | $287.11M | $303.40M | $50.07M | $24.99M | $-372.09M | $-5.16B | $-7.10B | $-63.36M |
| Low Forecast | $425.95M | $408.13M | $391.51M | $393.14M | $395.37M | $383.56M | $348.86M | $359.35M | $375.72M | $260.15M | $291.24M | $-111.66M | $457.02M | $174.72M | $247.10M | $-101.51M | $427.91M | $-113.25M | $702.39M | $-92.28M | $422.94M | $-89.53M | $191.41M | $202.27M | $33.38M | $16.66M | $-558.13M | $-7.74B | $-10.66B | $-95.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 1.37% | -3.85% | 0.92% | -4.47% | - | -23.58% | 0.92% | 1.11% | 1.42% | 1.61% | 0.72% | 0.72% | 0.79% | 0.69% | 0.33% | 1.92% |
APA's average Quarter net income forecast for Dec 23 is $512.76M, with a range of $457.02M to $605.65M. APA's average Quarter net income forecast represents a 11.71% increase compared to the company's last Quarter net income of $459.00M (Sep 23).
APA SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 7 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $139.00M | $72.00M | $65.00M | $169.00M | $69.00M | - | $156.00M | $137.00M | $70.00M | $86.00M | $83.00M | $76.00M | $52.00M | $94.00M | $68.00M | $83.00M | $98.00M |
| Avg Forecast | $118.42M | $117.98M | $116.85M | $116.98M | $125.67M | $124.21M | $120.39M | $122.07M | $126.94M | $121.72M | $120.09M | $207.37M | $109.03M | $106.85M | $91.36M | $188.52M | $111.34M | $79.60M | $137.70M | $171.38M | $153.78M | $62.92M | $60.52M | $51.56M | $105.71M | $72.21M | $119.13M | $98.29M | $249.00M | $51.06M |
| High Forecast | $125.12M | $124.65M | $123.46M | $123.59M | $132.78M | $131.24M | $127.19M | $128.98M | $134.12M | $130.48M | $126.88M | $248.84M | $119.13M | $110.60M | $96.52M | $226.22M | $117.64M | $95.51M | $137.70M | $205.66M | $184.53M | $75.51M | $72.62M | $61.87M | $126.85M | $86.65M | $142.95M | $117.95M | $298.80M | $61.28M |
| Low Forecast | $108.14M | $107.74M | $106.70M | $106.82M | $114.76M | $113.43M | $109.94M | $111.48M | $115.92M | $116.04M | $109.66M | $165.90M | $102.64M | $99.34M | $83.43M | $150.81M | $101.68M | $63.68M | $137.70M | $137.10M | $123.02M | $50.34M | $48.41M | $41.25M | $84.57M | $57.76M | $95.30M | $78.63M | $199.20M | $40.85M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.30% | 0.79% | 0.34% | 1.52% | 0.87% | - | 0.91% | 0.89% | 1.11% | 1.42% | 1.61% | 0.72% | 0.72% | 0.79% | 0.69% | 0.33% | 1.92% |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 7 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.49 | $1.24 | $1.05 | $1.38 | $1.28 | - | $5.44 | $1.34 | $-0.22 | $0.83 | $1.02 | $0.03 | $-0.01 | $-1.02 | $-11.86 | $-7.89 | $-0.45 |
| Avg Forecast | $1.29 | $1.24 | $1.19 | $1.19 | $1.20 | $1.16 | $1.06 | $1.09 | $1.14 | $1.10 | $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 | $1.39 | $1.33 | $1.27 | $1.28 | $1.29 | $1.25 | $1.13 | $1.17 | $1.22 | $1.43 | $0.95 | $1.02 | $1.63 | $1.77 | $0.80 | $1.06 | $1.39 | $1.87 | $2.33 | $2.45 | $1.63 | $1.04 | $0.63 | $0.79 | $-0.09 | $-0.29 | $-0.86 | $-0.29 | $-0.06 | $-0.18 |
| Low Forecast | $1.15 | $1.10 | $1.05 | $1.06 | $1.06 | $1.03 | $0.94 | $0.97 | $1.01 | $0.70 | $0.78 | $0.84 | $1.23 | $0.47 | $0.66 | $0.87 | $1.15 | $1.54 | $2.33 | $1.91 | $1.27 | $0.80 | $0.49 | $0.61 | $-0.11 | $-0.38 | $-1.11 | $-0.37 | $-0.07 | $-0.23 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.38% | 1.66% | 1.07% | 1.06% | 0.74% | - | 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| APA | APA | $23.94 | $43.52 | 81.79% | Buy |
| DVN | Devon Energy | $39.45 | $64.04 | 62.33% | Buy |
| MUR | Murphy Oil | $34.17 | $47.90 | 40.18% | Buy |
| PR | Permian Resources | $13.49 | $18.25 | 35.29% | Buy |
| CTRA | Coterra Energy | $22.78 | $29.53 | 29.63% | Buy |
| OXY | Occidental Petroleum | $51.05 | $62.35 | 22.14% | Buy |
| COP | ConocoPhillips | $103.50 | $123.86 | 19.67% | Buy |
| EOG | EOG Resources | $119.37 | $131.79 | 10.40% | Buy |
| RRC | Range Resources | $29.03 | $31.00 | 6.79% | Buy |
| FANG | Diamondback Energy | $172.42 | $182.38 | 5.78% | Buy |
| HES | Hess | $128.57 | $132.79 | 3.28% | Hold |
APA Forecast FAQ
Is APA a good buy?
Yes, according to 17 Wall Street analysts, APA (APA) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 9 'Buy' recommendations, accounting for 58.82% of APA's total ratings.
What is APA's price target?
APA (APA) average price target is $43.52 with a range of $24 to $74, implying a 81.79% from its last price of $23.94. The data is based on 17 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 81.79% (from the last price of $23.94 to the average price target of $43.52), up by 209.11% based on the highest stock price target, and up by 0.25% based on the lowest stock price target.
Can APA stock reach $40?
APA's average twelve months analyst stock price target of $43.52 supports the claim that APA can reach $40 in the near future.
What is APA's current price target trend?
2 Wall Street analysts forecast a $38 price target for APA (APA) this month, up 58.73% from its last price of $23.94. Compared to the last 3 and 12 months, the average price target increased by 53.17% and increased by 72.10%, respectively.
What are APA's analysts' financial forecasts?
APA's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $9.37B (high $9.9B, low $8.55B), average EBITDA is $2.88B (high $3.04B, low $2.63B), average net income is $1.68B (high $1.8B, low $1.49B), average SG&A $492.35M (high $520.19M, low $449.61M), and average EPS is $4.51 (high $4.84, low $4). APA's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $8.95B (high $9.45B, low $8.17B), average EBITDA is $2.75B (high $2.9B, low $2.51B), average net income is $1.82B (high $1.96B, low $1.62B), average SG&A $470.23M (high $496.82M, low $429.41M), and average EPS is $4.9 (high $5.27, low $4.35).
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 $2.38B by 119.48%. The company's net income was $3.6B, beating the average estimation of $1.01B by 255.62%. Apple's SG&A was $483M, missing the average forecast of $500.02M by -3.40%. 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 $624.74M by 141.22%. APA's net income was $459M, beating the average estimation of $402.93M by 13.92%. 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%