APA (APA) Stock Forecast, Price Target & Predictions

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APA Stock Forecast

APA stock forecast is as follows: an average price target of $42.95 (represents a 95.05% upside from APA’s last price of $22.02) 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 $42.95 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 95.05% upside from APA's last price of $22.02.

APA Analyst Ratings

Buy

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
Oct 01, 2024	Nitin Kumar	Mizuho Securities	$28.00	$25.66	9.12%	27.16%
Oct 01, 2024	Roger Read	Wells Fargo	$47.00	$24.46	92.15%	113.44%
Sep 12, 2024	Paul Cheng	Scotiabank	$30.00	$23.81	26.00%	36.24%
Sep 11, 2024	Neal Dingmann	Truist Financial	$46.00	$23.17	98.53%	108.90%
Jul 18, 2024	Mark Lear	Piper Sandler	$34.00	$32.22	5.52%	54.41%
Jun 14, 2024	Stephen Richardson	Evercore ISI	$39.00	$28.57	36.51%	77.11%
May 21, 2024	Nitin Kumar	Mizuho Securities	$35.00	$30.90	13.27%	58.95%
May 14, 2024	Mark Lear	Piper Sandler	$33.00	$30.20	9.27%	49.86%
Apr 15, 2024	Devin McDermott	Morgan Stanley	$28.00	$33.72	-16.96%	27.16%
Apr 09, 2024	Betty Jiang	Barclays	$40.00	$34.89	14.65%	81.65%

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The latest APA stock forecast, released on Oct 01, 2024 by Nitin Kumar from Mizuho Securities, set a price target of $28.00, which represents a 9.12% increase from the stock price at the time of the forecast ($25.66), and a 27.16% increase from APA last price ($22.02).

APA Price Target by Period

	1M	3M	12M
# Anlaysts	-	4	12
Avg Price Target	-	$37.75	$40.58
Last Closing Price	$22.02	$22.02	$22.02
Upside/Downside	-100.00%	71.44%	84.29%

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 $22.02. 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

Date	Company	Previous Rating	New Rating	Rating Change
Oct 01, 2024	UBS	Underperform	Underperform	Hold
Oct 01, 2024	Wells Fargo	Sector Perform	Sector Perform	Hold
Oct 01, 2024	Wells Fargo	Overweight	Overweight	Hold
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	Wells Fargo	Underperform	Underperform	Hold
Aug 02, 2024	William Blair	Market Perform	Market Perform	Hold
Jul 18, 2024	Piper Sandler	Neutral	Neutral	Hold

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APA's last stock rating was published by UBS on Oct 01, 2024. The company gave APA a "Underperform" 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	Jun 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	$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	$2.14B	$2.13B	$2.10B	$2.10B	$2.17B	$2.14B	$2.09B	$2.11B	$2.29B	$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	$2.34B	$2.33B	$2.30B	$2.30B	$2.37B	$2.34B	$2.29B	$2.33B	$2.54B	$2.31B	$2.28B	$1.89B	$2.27B	$2.10B	$1.90B	$2.04B	$2.32B	$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	$1.96B	$1.96B	$1.93B	$1.93B	$1.99B	$1.97B	$1.92B	$1.90B	$2.11B	$2.22B	$2.28B	$1.88B	$1.95B	$1.89B	$1.60B	$1.71B	$1.95B	$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
# Analysts	4	4	4	4	3	3	3	5	5	4	3	4	7	8	5	4	4	3	4	3	5	4	5	4	5	9	9	9	13	13
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 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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	4	4	4	4	3	3	3	5	5	4	3	4	7	8	5	4	4	3	4	3	5	4	5	4	5	9	9	9	13	13
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	$656.68M	$654.81M	$644.98M	$645.48M	$665.41M	$657.41M	$641.80M	$648.76M	$702.91M	$696.18M	$702.11M	$428.03M	$637.44M	$624.74M	$534.13M	$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	$718.99M	$716.95M	$706.18M	$706.73M	$728.54M	$719.79M	$702.70M	$716.58M	$779.64M	$710.51M	$702.11M	$513.64M	$696.52M	$646.64M	$584.82M	$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	$603.57M	$601.85M	$592.81M	$593.28M	$611.59M	$604.24M	$589.89M	$583.88M	$647.66M	$681.84M	$702.11M	$342.43M	$600.13M	$580.80M	$490.94M	$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 %	-	-	-	-	-	-	-	-	-	-	-	-	-	2.41%	2.56%	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 $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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	4	4	4	4	3	3	3	5	5	4	3	4	7	8	5	4	4	3	4	3	5	4	5	4	5	9	9	9	13	13
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	$397.45M	$379.41M	$362.09M	$372.08M	$329.24M	$311.54M	$282.48M	$331.59M	$354.70M	$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	$446.48M	$426.21M	$406.76M	$417.98M	$369.85M	$349.97M	$317.33M	$440.86M	$467.25M	$403.57M	$328.65M	$-74.44M	$602.39M	$656.11M	$311.20M	$-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	$355.67M	$339.52M	$324.02M	$332.96M	$294.62M	$278.78M	$252.78M	$124.35M	$194.40M	$321.49M	$324.38M	$-111.66M	$454.57M	$173.78M	$247.90M	$-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 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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	4	4	4	4	3	3	3	5	5	4	3	4	7	8	5	4	4	3	4	3	5	4	5	4	5	9	9	9	13	13
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	$112.32M	$112.00M	$110.32M	$110.40M	$113.81M	$112.44M	$109.77M	$110.96M	$120.22M	$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	$122.97M	$122.62M	$120.78M	$120.88M	$124.61M	$123.11M	$120.19M	$122.56M	$133.35M	$121.52M	$120.09M	$248.84M	$119.13M	$110.60M	$100.03M	$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	$103.23M	$102.94M	$101.39M	$101.47M	$104.60M	$103.35M	$100.89M	$99.87M	$110.77M	$116.62M	$120.09M	$165.90M	$102.64M	$99.34M	$83.97M	$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 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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	4	4	4	4	3	3	3	5	5	4	3	4	7	8	5	4	4	3	4	3	5	4	5	4	5	9	9	9	13	13
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	$1.07	$1.03	$0.98	$1.01	$0.89	$0.84	$0.76	$0.90	$0.96	$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	$1.21	$1.15	$1.10	$1.13	$1.00	$0.95	$0.86	$1.19	$1.26	$1.09	$0.89	$0.96	$1.63	$1.77	$0.84	$1.10	$1.46	$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	$0.96	$0.92	$0.88	$0.90	$0.80	$0.75	$0.68	$0.34	$0.53	$0.87	$0.88	$0.94	$1.23	$0.47	$0.67	$0.88	$1.16	$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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
APA	APA	$22.02	$42.95	95.05%	Buy
DVN	Devon Energy	$39.11	$58.88	50.55%	Buy
MUR	Murphy Oil	$32.45	$46.08	42.00%	Buy
OXY	Occidental Petroleum	$51.12	$60.85	19.03%	Buy
PR	Permian Resources	$15.13	$17.92	18.44%	Buy
CTRA	Coterra Energy	$25.61	$29.68	15.89%	Buy
COP	ConocoPhillips	$111.82	$122.71	9.74%	Buy
FANG	Diamondback Energy	$182.24	$191.60	5.14%	Buy
HES	Hess	$142.80	$143.19	0.27%	Hold
EOG	EOG Resources	$134.35	$132.29	-1.53%	Buy
RRC	Range Resources	$33.91	$31.53	-7.02%	Buy

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 $42.95 with a range of $24 to $74, implying a 95.05% from its last price of $22.02. 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 95.05% (from the last price of $22.02 to the average price target of $42.95), up by 236.06% based on the highest stock price target, and up by 8.99% based on the lowest stock price target.

Can APA stock reach $30?

APA's average twelve months analyst stock price target of $42.95 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 $8.51B (high $9.33B, low $7.78B), average EBITDA is $2.61B (high $2.87B, low $2.39B), average net income is $1.25B (high $1.48B, low $950.54M), average SG&A $446.98M (high $490.47M, low $408.71M), and average EPS is $3.39 (high $3.99, low $2.57). APA's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $8.47B (high $9.27B, low $7.78B), average EBITDA is $2.6B (high $2.85B, low $2.39B), average net income is $1.51B (high $1.7B, low $1.35B), average SG&A $445.03M (high $487.26M, low $409.04M), and average EPS is $4.08 (high $4.59, low $3.65).

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 $624.74M by 141.22%. 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%