EQT (EQT) Stock Forecast, Price Target & Predictions

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EQT Stock Forecast

EQT stock forecast is as follows: an average price target of $41.53 (represents a -11.43% downside from EQT’s last price of $46.89) and a rating consensus of 'Buy', based on 28 wall street analysts offering a 1-year stock forecast.

EQT Price Target

The average price target for EQT (EQT) is $41.53 based on 1-year price targets from 28 Wall Street analysts in the past 3 months, with a price target range of $57.00 to $23.00. This represents a potential -11.43% downside from EQT's last price of $46.89.

EQT Analyst Ratings

Buy

According to 28 Wall Street analysts, EQT's rating consensus is 'Buy'. The analyst rating breakdown for EQT stock is 0 'Strong Buy' (0.00%), 19 'Buy' (67.86%), 9 'Hold' (32.14%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

EQT Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 30, 2024	Mike Scialla	Stephens	$38.00	$37.31	1.85%	-18.96%
Oct 04, 2024	Nitin Kumar	Mizuho Securities	$41.00	$36.94	10.99%	-12.56%
Oct 03, 2024	Scott Gruber	Citigroup	$44.00	$37.27	18.07%	-6.16%
Sep 16, 2024	Nitin Kumar	Mizuho Securities	$43.00	$33.19	29.56%	-8.30%
Aug 22, 2024	Paul Diamond	Citigroup	$37.00	$32.90	12.46%	-21.09%
Aug 15, 2024	Mark Lear	Piper Sandler	$32.00	$31.48	1.65%	-31.76%
Aug 13, 2024	Roger Read	Wells Fargo	$42.00	$31.15	34.83%	-10.43%
Jul 25, 2024	Mark Lear	Piper Sandler	$43.00	$34.38	25.07%	-8.30%
Jul 18, 2024	Mark Lear	Piper Sandler	$47.00	$35.60	32.02%	0.23%
Jul 12, 2024	Cameron Bean	Scotiabank	$55.00	$37.11	48.21%	17.30%

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The latest EQT stock forecast, released on Oct 30, 2024 by Mike Scialla from Stephens, set a price target of $38.00, which represents a 1.85% increase from the stock price at the time of the forecast ($37.31), and a -18.96% decrease from EQT last price ($46.89).

EQT Price Target by Period

	1M	3M	12M
# Anlaysts	1	5	22
Avg Price Target	$38.00	$40.60	$43.41
Last Closing Price	$46.89	$46.89	$46.89
Upside/Downside	-18.96%	-13.41%	-7.42%

In the current month, the average price target of EQT stock is $38.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -18.96% decrease as opposed to EQT's last price of $46.89. This month's average price target is down -6.40% compared to last quarter, and down -12.46% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 04, 2024	Piper Sandler	Neutral	Neutral	Hold
Oct 30, 2024	Stephens	Equal-Weight	Equal-Weight	Hold
Oct 04, 2024	BMO Capital	Outperform	Outperform	Hold
Oct 03, 2024	UBS	Underperform	Underperform	Hold
Oct 03, 2024	Wells Fargo	Sector Outperform	Sector Outperform	Hold
Aug 15, 2024	Piper Sandler	Overweight	Neutral	Downgrade
Aug 13, 2024	Wells Fargo	Market Perform	Overweight	Upgrade
Jul 18, 2024	Piper Sandler	Overweight	Overweight	Hold
Jul 12, 2024	Scotiabank	Outperform	Outperform	Hold
Jun 30, 2024	Jefferies	Buy	Buy	Hold

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EQT's last stock rating was published by Piper Sandler on Nov 04, 2024. The company gave EQT a "Neutral" rating, the same as its previous rate.

EQT Financial Forecast

EQT 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	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.01B	$854.37M	$1.84B	$2.57B	$3.70B	$3.37B	$2.50B	$2.82B	$1.79B	$1.09B	$1.14B	$841.05M	$599.31M	$500.65M	$717.62M	$850.80M	$771.26M
Avg Forecast	$2.30B	$2.19B	$2.11B	$2.28B	$2.08B	$1.82B	$1.74B	$2.13B	$1.80B	$1.35B	$1.06B	$1.58B	$1.59B	$1.15B	$1.01B	$1.74B	$1.44B	$1.75B	$1.61B	$1.62B	$1.47B	$1.12B	$1.01B	$1.09B	$891.33M	$838.44M	$799.86M	$928.69M	$939.48M	$871.44M
High Forecast	$2.52B	$2.40B	$2.32B	$2.50B	$2.28B	$2.00B	$1.91B	$2.17B	$1.94B	$1.42B	$1.06B	$1.58B	$1.72B	$1.33B	$1.11B	$1.91B	$1.58B	$1.75B	$1.61B	$1.62B	$1.47B	$1.12B	$1.01B	$1.09B	$891.33M	$838.44M	$799.86M	$928.69M	$939.48M	$871.44M
Low Forecast	$2.09B	$2.00B	$1.92B	$2.08B	$1.89B	$1.66B	$1.59B	$2.06B	$1.70B	$1.29B	$1.06B	$1.58B	$1.44B	$933.78M	$919.39M	$1.59B	$1.31B	$1.75B	$1.61B	$1.62B	$1.47B	$1.12B	$1.01B	$1.09B	$891.33M	$838.44M	$799.86M	$928.69M	$939.48M	$871.44M
# Analysts	3	3	3	3	4	4	4	6	6	3	7	11	14	12	9	9	5	5	5	5	6	6	6	6	9	5	9	6	4	4
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.88%	0.85%	1.05%	1.79%	2.11%	2.09%	1.54%	1.92%	1.60%	1.08%	1.04%	0.94%	0.71%	0.63%	0.77%	0.91%	0.89%

EQT's average Quarter revenue forecast for Dec 23 based on 14 analysts is $1.59B, with a low forecast of $1.44B, and a high forecast of $1.72B. EQT's average Quarter revenue forecast represents a 57.41% increase compared to the company's last Quarter revenue of $1.01B (Sep 23).

EQT 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	3	3	3	3	4	4	4	6	6	3	7	11	14	12	9	9	5	5	5	5	6	6	6	6	9	5	9	6	4	4
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	$-154.17M	$-194.28M	$813.10M	$1.52B	$2.57B	$2.25B	$1.40B	$2.98B	$-2.11B	$-815.90M	$408.17M	$522.62M	$-396.12M	$39.19M	$296.36M	$-1.10B	$6.06M
Avg Forecast	$655.61M	$626.20M	$602.85M	$651.62M	$593.51M	$519.73M	$497.85M	$607.99M	$513.08M	$386.73M	$303.01M	$-1.49B	$452.98M	$328.49M	$288.00M	$-1.60B	$411.13M	$424.14M	$389.54M	$-1.71B	$354.85M	$271.54M	$243.78M	$336.09M	$215.55M	$202.76M	$18.39M	$224.59M	$227.20M	$210.74M
High Forecast	$718.60M	$686.37M	$660.77M	$714.24M	$650.54M	$569.67M	$545.69M	$619.57M	$552.55M	$404.20M	$303.01M	$-1.20B	$491.72M	$379.02M	$315.67M	$-1.28B	$450.64M	$424.14M	$389.54M	$-1.37B	$354.85M	$271.54M	$243.78M	$403.31M	$215.55M	$202.76M	$22.07M	$224.59M	$227.20M	$210.74M
Low Forecast	$597.38M	$570.58M	$549.30M	$593.75M	$540.80M	$473.57M	$453.64M	$587.72M	$485.76M	$369.25M	$303.01M	$-1.79B	$411.26M	$266.52M	$262.42M	$-1.92B	$374.62M	$424.14M	$389.54M	$-2.05B	$354.85M	$271.54M	$243.78M	$268.88M	$215.55M	$202.76M	$14.71M	$224.59M	$227.20M	$210.74M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.47%	-0.67%	-0.51%	3.68%	6.06%	5.78%	-0.82%	8.40%	-7.77%	-3.35%	1.21%	2.42%	-1.95%	2.13%	1.32%	-4.85%	0.03%

9 analysts predict EQT's average Quarter EBITDA for Jun 23 to be $288.00M, with a high of $315.67M and a low of $262.42M. This is -64.58% lower than EQT's previous annual EBITDA (Mar 23) of $813.10M.

EQT 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	3	3	3	3	4	4	4	6	6	3	7	11	14	12	9	9	5	5	5	5	6	6	6	6	9	5	9	6	4	4
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	$81.25M	$-66.63M	$1.22B	$1.71B	$683.67M	$891.36M	$-1.51B	$1.80B	$-1.98B	$-936.46M	$-40.52M	$63.69M	$-600.64M	$-263.07M	$-167.14M	$-1.18B	$-361.03M
Avg Forecast	$667.61M	$500.01M	$501.00M	$677.47M	$472.51M	$313.55M	$278.74M	$515.38M	$259.90M	$42.40M	$-108.76M	$-1.53B	$264.57M	$-48.23M	$-146.13M	$-1.64B	$2.32B	$463.38M	$341.66M	$-1.75B	$212.14M	$-20.17M	$20.90M	$-34.28M	$-120.37M	$-107.98M	$-161.89M	$2.92M	$55.09M	$-76.54M
High Forecast	$751.01M	$562.46M	$563.58M	$762.10M	$531.53M	$352.72M	$313.56M	$1.03B	$316.29M	$47.70M	$-96.21M	$-1.23B	$363.79M	$440.09M	$-129.26M	$-1.31B	$2.78B	$463.38M	$341.66M	$-1.40B	$212.14M	$-20.17M	$20.90M	$-27.43M	$-120.37M	$-107.98M	$-129.51M	$2.92M	$55.09M	$-76.54M
Low Forecast	$590.53M	$442.27M	$443.15M	$599.24M	$417.95M	$277.34M	$246.56M	$255.14M	$179.96M	$37.51M	$-122.35M	$-1.84B	$181.89M	$-361.72M	$-164.39M	$-1.97B	$1.85B	$463.38M	$341.66M	$-2.10B	$212.14M	$-20.17M	$20.90M	$-41.14M	$-120.37M	$-107.98M	$-194.27M	$2.92M	$55.09M	$-76.54M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-1.68%	0.46%	-0.74%	0.74%	1.48%	2.61%	0.86%	8.50%	98.15%	-44.80%	1.18%	-0.53%	5.56%	1.63%	-57.17%	-21.36%	4.72%

EQT's average Quarter net income forecast for Dec 23 is $264.57M, with a range of $181.89M to $363.79M. EQT's average Quarter net income forecast represents a 225.61% increase compared to the company's last Quarter net income of $81.25M (Sep 23).

EQT 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	3	3	3	3	4	4	4	6	6	3	7	11	14	12	9	9	5	5	5	5	6	6	6	6	9	5	9	6	4	4
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	$56.94M	$60.16M	$51.89M	$57.04M	$67.23M	$59.28M	$69.10M	$52.34M	$49.11M	$49.85M	$45.01M	$40.16M	$56.33M	$43.34M	$34.94M	$38.44M	$79.38M
Avg Forecast	$104.93M	$100.22M	$96.49M	$104.29M	$94.99M	$83.18M	$79.68M	$97.31M	$82.12M	$61.90M	$48.50M	$69.84M	$72.50M	$52.58M	$46.09M	$74.70M	$68.87M	$80.12M	$73.59M	$79.89M	$67.03M	$51.29M	$46.05M	$38.08M	$40.72M	$38.30M	$26.67M	$42.43M	$42.92M	$39.81M
High Forecast	$115.01M	$109.86M	$105.76M	$114.32M	$104.12M	$91.18M	$87.34M	$99.16M	$88.44M	$64.69M	$48.50M	$83.81M	$78.70M	$60.66M	$50.52M	$89.64M	$82.64M	$80.12M	$73.59M	$95.87M	$67.03M	$51.29M	$46.05M	$45.70M	$40.72M	$38.30M	$32.01M	$42.43M	$42.92M	$39.81M
Low Forecast	$95.61M	$91.32M	$87.92M	$95.03M	$86.56M	$75.80M	$72.61M	$94.07M	$77.75M	$59.10M	$48.50M	$55.88M	$65.82M	$42.66M	$42.00M	$59.76M	$55.09M	$80.12M	$73.59M	$63.91M	$67.03M	$51.29M	$46.05M	$30.47M	$40.72M	$38.30M	$21.34M	$42.43M	$42.92M	$39.81M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	1.08%	1.31%	0.69%	0.83%	0.84%	0.81%	0.86%	0.78%	0.96%	1.08%	1.18%	0.99%	1.47%	1.63%	0.82%	0.90%	1.99%

EQT's average Quarter SG&A projection for Dec 23 is $72.50M, based on 14 Wall Street analysts, with a range of $65.82M to $78.70M. The forecast indicates a 27.32% rise compared to EQT last annual SG&A of $56.94M (Sep 23).

EQT 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	3	3	3	3	4	4	4	6	6	3	7	11	14	12	9	9	5	5	5	5	6	6	6	6	9	5	9	6	4	4
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	$0.21	$-0.18	$3.37	$4.67	$1.85	$2.41	$-4.05	$4.77	$-5.55	$-3.35	$-0.15	$0.23	$-2.35	$-1.03	$-0.65	$-4.61	$-1.41
Avg Forecast	$1.19	$0.89	$0.90	$1.21	$0.84	$0.56	$0.50	$0.92	$0.46	$0.08	$-0.19	$0.65	$0.47	$-0.09	$-0.26	$1.30	$0.54	$1.04	$0.77	$0.92	$0.48	$-0.05	$0.05	$0.26	$-0.27	$-0.24	$-0.13	$0.01	$0.12	$-0.17
High Forecast	$1.34	$1.01	$1.01	$1.36	$0.95	$0.63	$0.56	$1.83	$0.57	$0.09	$-0.17	$0.65	$0.65	$0.79	$-0.23	$1.36	$0.60	$1.04	$0.77	$0.92	$0.48	$-0.05	$0.05	$0.26	$-0.27	$-0.24	$-0.13	$0.01	$0.12	$-0.17
Low Forecast	$1.06	$0.79	$0.79	$1.07	$0.75	$0.50	$0.44	$0.46	$0.32	$0.07	$-0.22	$0.65	$0.33	$-0.65	$-0.29	$1.23	$0.47	$1.04	$0.77	$0.92	$0.48	$-0.05	$0.05	$0.26	$-0.27	$-0.24	$-0.13	$0.01	$0.12	$-0.17
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-2.44%	0.69%	2.60%	8.70%	1.78%	3.14%	-4.38%	10.00%	122.39%	-71.30%	-0.58%	-0.85%	9.68%	7.63%	-98.92%	-37.23%	8.20%

According to 14 Wall Street analysts, EQT's projected average Quarter EPS for Dec 23 is $0.47, with a low estimate of $0.33 and a high estimate of $0.65. This represents a 125.14% increase compared to EQT previous annual EPS of $0.21 (Sep 23).

EQT Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
DVN	Devon Energy	$38.70	$58.88	52.14%	Buy
MTDR	Matador Resources Company	$60.16	$73.11	21.53%	Buy
AR	Antero Resources	$33.40	$37.58	12.51%	Buy
PR	Permian Resources	$15.99	$17.92	12.07%	Buy
COP	ConocoPhillips	$111.90	$122.71	9.66%	Buy
CTRA	Coterra Energy	$27.44	$29.63	7.98%	Buy
FANG	Diamondback Energy	$182.70	$191.60	4.87%	Buy
EOG	EOG Resources	$135.50	$132.29	-2.37%	Buy
RRC	Range Resources	$35.57	$31.53	-11.36%	Buy
EQT	EQT	$46.89	$41.53	-11.43%	Buy
CRK	Comstock Resources	$15.23	$9.25	-39.26%	Hold

EQT Forecast FAQ

Is EQT a good buy?

Yes, according to 28 Wall Street analysts, EQT (EQT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 19 'Buy' recommendations, accounting for 67.86% of EQT's total ratings.

What is EQT's price target?

EQT (EQT) average price target is $41.53 with a range of $23 to $57, implying a -11.43% from its last price of $46.89. The data is based on 28 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will EQT stock go up soon?

According to Wall Street analysts' prediction for EQT stock, the company can go down by -11.43% (from the last price of $46.89 to the average price target of $41.53), up by 21.56% based on the highest stock price target, and down by -50.95% based on the lowest stock price target.

Can EQT stock reach $70?

EQT's average twelve months analyst stock price target of $41.53 does not support the claim that EQT can reach $70 in the near future.

What is EQT's current price target trend?

1 Wall Street analyst forecast a $38 price target for EQT (EQT) this month, down -18.96% from its last price of $46.89. Compared to the last 3 and 12 months, the average price target decreased by -13.41% and decreased by -7.42%, respectively.

What are EQT's analysts' financial forecasts?

EQT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $7.77B (high $8.36B, low $7.2B), average EBITDA is $2.22B (high $2.39B, low $2.06B), average net income is $1.58B (high $2.22B, low $1.2B), average SG&A $355.17M (high $381.8M, low $329.02M), and average EPS is $2.82 (high $3.97, low $2.14). EQT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $8.89B (high $9.74B, low $8.1B), average EBITDA is $2.54B (high $2.78B, low $2.31B), average net income is $2.35B (high $2.64B, low $2.08B), average SG&A $405.94M (high $444.94M, low $369.88M), and average EPS is $4.19 (high $4.72, low $3.71).

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

Based on EQT's last annual report (Dec 2023), the company's revenue was $7.53B, beating the average analysts forecast of $5.49B by 37.20%. Apple's EBITDA was $1.91B, missing the average prediction of $-529M by -461.51%. The company's net income was $1.91B, missing the average estimation of $-1.569B by -221.90%. Apple's SG&A was $27.72M, missing the average forecast of $245.87M by -88.73%. Lastly, the company's EPS was $5.02, beating the average prediction of $1.42 by 252.89%. In terms of the last quarterly report (Sep 2023), EQT's revenue was $1.01B, missing the average analysts' forecast of $1.15B by -12.40%. The company's EBITDA was $-154M, missing the average prediction of $328.49M by -146.93%. EQT's net income was $81.26M, missing the average estimation of $-48.229M by -268.48%. The company's SG&A was $56.94M, beating the average forecast of $52.58M by 8.30%. Lastly, the company's EPS was $0.21, missing the average prediction of $-0.0862 by -343.66%