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 $41.00 (represents a 23.53% upside from EQT’s last price of $33.19) and a rating consensus of 'Buy', based on 30 wall street analysts offering a 1-year stock forecast.

EQT Price Target


The average price target for EQT (EQT) is $41.00 based on 1-year price targets from 30 Wall Street analysts in the past 3 months, with a price target range of $57.00 to $23.00. This represents a potential 23.53% upside from EQT's last price of $33.19.

EQT Analyst Ratings


Buy

According to 30 Wall Street analysts, EQT's rating consensus is 'Buy'. The analyst rating breakdown for EQT stock is 0 'Strong Buy' (0.00%), 20 'Buy' (66.67%), 10 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

EQT Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 22, 2024Paul DiamondCitigroup$37.00$32.9012.46%11.48%
Aug 15, 2024Mark LearPiper Sandler$32.00$31.481.65%-3.59%
Aug 13, 2024Roger ReadWells Fargo$42.00$31.1534.83%26.54%
Jul 25, 2024Mark LearPiper Sandler$43.00$34.3825.07%29.56%
Jul 18, 2024Mark LearPiper Sandler$47.00$35.6032.02%41.61%
Jul 12, 2024Cameron BeanScotiabank$55.00$37.1148.21%65.71%
Jun 30, 2024Lloyd ByrneJefferies$49.00$36.9832.50%47.63%
Jun 03, 2024Lloyd ByrneJefferies$48.00$40.9817.13%44.62%
May 24, 2024Stephen RichardsonEvercore ISI$50.00$39.9125.28%50.65%
May 13, 2024Phillip JungwirthBMO Capital$47.00$39.3519.44%41.61%
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The latest EQT stock forecast, released on Aug 22, 2024 by Paul Diamond from Citigroup, set a price target of $37.00, which represents a 12.46% increase from the stock price at the time of the forecast ($32.90), and a 11.48% increase from EQT last price ($33.19).

EQT Price Target by Period


1M3M12M
# Anlaysts1718
Avg Price Target$37.00$43.57$43.83
Last Closing Price$33.19$33.19$33.19
Upside/Downside11.48%31.27%32.06%

In the current month, the average price target of EQT stock is $37.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 11.48% increase as opposed to EQT's last price of $33.19. This month's average price target is down -15.08% compared to last quarter, and down -15.58% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 15, 2024Piper SandlerOverweightNeutralDowngrade
Aug 13, 2024Wells FargoMarket PerformOverweightUpgrade
Jul 18, 2024Piper SandlerOverweightOverweightHold
Jul 12, 2024ScotiabankOutperformOutperformHold
Jun 30, 2024JefferiesBuyBuyHold
Jun 04, 2024Truist FinancialUnderperformUnderperformHold
Jun 04, 2024Wells FargoMarket PerformMarket PerformHold
Jun 03, 2024JefferiesBuyBuyHold
May 24, 2024Evercore ISIOutperformOutperformHold
May 13, 2024BMO CapitalOutperformOutperformHold
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EQT's last stock rating was published by Piper Sandler on Aug 15, 2024. The company Downgrade its EQT rating from "Overweight" to "Neutral".

EQT Financial Forecast


EQT Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$1.01B$854.37M$1.84B$2.57B$3.70B-$2.50B$2.82B$1.79B$1.09B$1.14B$841.05M$599.31M$500.65M$717.62M$850.80M$771.26M
Avg Forecast$2.31B$2.20B$2.13B$2.27B$2.16B$1.91B$1.80B$2.19B$1.78B$1.46B$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$3.87B$3.69B$3.57B$3.80B$3.62B$3.20B$3.02B$3.67B$2.99B$1.55B$1.78B$2.65B$1.72B$1.33B$1.69B$2.93B$2.42B$2.94B$1.61B$1.78B$1.61B$1.23B$1.11B$1.20B$977.50M$919.49M$877.18M$1.02B$1.03B$955.68M
Low Forecast$1.88B$1.79B$1.73B$1.85B$1.76B$1.55B$1.47B$1.78B$1.45B$1.42B$864.65M$1.29B$1.44B$933.78M$821.79M$1.42B$1.17B$1.43B$1.61B$1.46B$1.32B$1.01B$905.77M$983.07M$800.88M$753.35M$718.69M$834.45M$844.14M$783.00M
# Analysts545443435851114129955556664474435
Surprise %-------------0.88%0.85%1.05%1.79%2.11%-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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts545443435851114129955556664474435
EBITDA-------------$-154.17M$-194.28M$813.10M$1.52B$2.57B-$1.40B$2.98B$-2.11B$-815.90M$408.17M$522.62M$-396.12M$39.19M$296.36M$-1.10B$6.06M
Avg Forecast$557.92M$531.35M$514.67M$548.43M$522.24M$461.57M$435.53M$528.91M$430.49M$353.86M$256.74M$-1.49B$383.80M$278.32M$244.01M$-1.60B$348.34M$-9.23B$389.54M$-1.71B$354.85M$-8.39B$-762.98M$336.09M$882.05M$-523.50M$18.39M$224.59M$-1.84B$9.19M
High Forecast$936.05M$891.47M$863.48M$920.13M$876.19M$774.39M$730.70M$887.37M$722.24M$373.79M$430.73M$-1.20B$416.62M$321.13M$409.39M$-1.28B$584.43M$-7.39B$389.54M$-1.37B$389.16M$-6.72B$-610.39M$403.31M$1.06B$-418.80M$22.07M$246.30M$-1.47B$11.03M
Low Forecast$454.40M$432.76M$419.18M$446.67M$425.34M$375.92M$354.72M$430.77M$350.61M$343.89M$209.10M$-1.79B$348.45M$225.82M$198.74M$-1.92B$283.71M$-11.08B$389.54M$-2.05B$318.84M$-10.07B$-915.58M$268.88M$705.64M$-628.20M$14.71M$201.80M$-2.21B$7.35M
Surprise %--------------0.55%-0.80%-0.51%4.35%-0.28%--0.82%8.40%0.25%1.07%1.21%0.59%0.76%2.13%1.32%0.60%0.66%

9 analysts predict EQT's average Quarter EBITDA for Jun 23 to be $244.01M, with a high of $409.39M and a low of $198.74M. This is -69.99% lower than EQT's previous annual EBITDA (Mar 23) of $813.10M.

EQT Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts545443435851114129955556664474435
Net Income-------------$81.25M$-66.63M$1.22B$1.71B$683.67M-$-1.51B$1.80B$-1.98B$-936.46M$-40.52M$63.69M$-600.64M$-263.07M$-167.14M$-1.18B$-361.03M
Avg Forecast$606.57M$470.04M$465.41M$594.39M$453.27M$312.79M$257.44M$473.59M$216.74M$82.11M$-86.47M$-1.53B$210.35M$-38.35M$-116.19M$-1.64B$238.88M$-8.63B$341.70M$-1.75B$2.11B$-7.84B$-863.94M$-34.28M$110.05M$-769.28M$-161.89M$2.93M$-1.97B$-547.24M
High Forecast$1.14B$884.18M$875.47M$1.12B$852.62M$588.38M$484.25M$890.85M$407.70M$458.09M$-65.62M$-1.23B$289.24M$349.90M$-88.16M$-1.31B$449.34M$-6.90B$341.70M$-1.40B$2.53B$-6.27B$-691.15M$-27.43M$132.06M$-615.42M$-129.51M$3.29M$-1.57B$-437.79M
Low Forecast$460.25M$356.66M$353.15M$451.02M$343.93M$237.34M$195.34M$359.35M$164.46M$-82.11M$-162.66M$-1.84B$144.62M$-287.59M$-218.55M$-1.97B$181.26M$-10.35B$341.70M$-2.10B$1.69B$-9.41B$-1.04B$-41.14M$88.04M$-923.14M$-194.27M$2.54M$-2.36B$-656.69M
Surprise %--------------2.12%0.57%-0.74%7.17%-0.08%-0.86%0.86%0.25%1.08%1.18%0.58%0.78%1.63%-57.11%0.60%0.66%

EQT's average Quarter net income forecast for Dec 23 is $210.35M, with a range of $144.62M to $289.24M. EQT's average Quarter net income forecast represents a 158.88% increase compared to the company's last Quarter net income of $81.25M (Sep 23).

EQT SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts545443435851114129955556664474435
SG&A-------------$56.94M$60.16M$51.89M$57.04M$67.23M-$69.10M$52.34M$49.11M$49.85M$45.01M$40.16M$56.33M$43.34M$34.94M$38.44M$79.38M
Avg Forecast$105.39M$100.37M$97.22M$103.60M$98.65M$87.19M$82.27M$99.91M$81.32M$66.84M$48.50M$69.84M$72.50M$52.58M$46.09M$74.70M$65.80M$213.94M$73.59M$79.89M$62.61M$194.49M$45.99M$38.08M$69.40M$72.15M$26.67M$42.43M$64.26M$120.32M
High Forecast$176.82M$168.40M$163.12M$173.82M$165.52M$146.29M$138.03M$167.63M$136.43M$70.61M$81.37M$83.81M$78.70M$60.66M$77.33M$89.64M$110.40M$256.72M$73.59M$95.87M$75.13M$233.38M$55.19M$45.70M$83.28M$86.57M$32.01M$46.53M$77.11M$144.38M
Low Forecast$85.84M$81.75M$79.18M$84.38M$80.35M$71.01M$67.01M$81.37M$66.23M$64.96M$39.50M$55.88M$65.82M$42.66M$37.54M$59.76M$53.59M$171.15M$73.59M$63.91M$50.09M$155.59M$36.79M$30.47M$55.52M$57.72M$21.34M$38.12M$51.41M$96.25M
Surprise %-------------1.08%1.31%0.69%0.87%0.31%-0.86%0.84%0.25%1.08%1.18%0.58%0.78%1.63%0.82%0.60%0.66%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts545443435851114129955556664474435
EPS-------------$0.21$-0.18$3.37$4.67$1.85-$-4.05$4.77$-5.55$-3.35$-0.15$0.23$-2.35$-1.03$-0.65$-4.61$-1.41
Avg Forecast$1.36$1.06$1.05$1.34$1.02$0.70$0.58$1.06$0.49$0.18$-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$2.56$1.99$1.97$2.51$1.92$1.32$1.09$2.00$0.92$1.03$-0.15$1.21$0.65$0.79$-0.20$2.44$1.01$1.96$0.77$1.04$0.54$-0.04$0.05$0.29$-0.23$-0.21$-0.12$0.01$0.14$-0.15
Low Forecast$1.03$0.80$0.79$1.01$0.77$0.53$0.44$0.81$0.37$-0.18$-0.37$0.49$0.33$-0.65$-0.49$0.98$0.41$0.79$0.77$0.80$0.41$-0.05$0.04$0.22$-0.30$-0.27$-0.15$0.01$0.11$-0.19
Surprise %--------------2.44%0.69%2.60%8.70%1.78%--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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DVNDevon Energy$39.45$64.0462.33%Buy
MTDRMatador Resources Company$49.84$78.0056.50%Buy
ARAntero Resources$26.49$39.6549.68%Buy
SWNSouthwestern Energy Company$6.26$8.8541.37%Hold
CHKChesapeake Energy$73.22$103.2741.04%Buy
PRPermian Resources$13.49$18.2535.29%Buy
CTRACoterra Energy$22.78$29.5329.63%Buy
EQTEQT$33.19$41.0023.53%Buy
COPConocoPhillips$103.50$123.8619.67%Buy
EOGEOG Resources$119.37$131.7910.40%Buy
RRCRange Resources$29.03$31.006.79%Buy
FANGDiamondback Energy$172.42$182.385.78%Buy
CRKComstock Resources$10.02$8.33-16.87%Hold

EQT Forecast FAQ


Yes, according to 30 Wall Street analysts, EQT (EQT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 20 'Buy' recommendations, accounting for 66.67% of EQT's total ratings.

EQT (EQT) average price target is $41 with a range of $23 to $57, implying a 23.53% from its last price of $33.19. The data is based on 30 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for EQT stock, the company can go up by 23.53% (from the last price of $33.19 to the average price target of $41), up by 71.74% based on the highest stock price target, and down by -30.70% based on the lowest stock price target.

EQT's highest twelve months analyst stock price target of $57 supports the claim that EQT can reach $50 in the near future.

1 Wall Street analyst forecast a $37 price target for EQT (EQT) this month, up 11.48% from its last price of $33.19. Compared to the last 3 and 12 months, the average price target increased by 31.27% and increased by 32.06%, respectively.

EQT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $8.06B (high $13.52B, low $6.56B), average EBITDA is $1.95B (high $3.27B, low $1.59B), average net income is $1.5B (high $2.82B, low $1.14B), average SG&A $368.03M (high $617.46M, low $299.74M), and average EPS is $3.36 (high $6.33, low $2.55). EQT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $8.9B (high $14.93B, low $7.25B), average EBITDA is $2.15B (high $3.61B, low $1.75B), average net income is $2.14B (high $4.02B, low $1.62B), average SG&A $406.59M (high $682.16M, low $331.15M), and average EPS is $4.8 (high $9.03, low $3.64).

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 $-692M by -376.22%. The company's net income was $1.91B, missing the average estimation of $-1.583B by -220.80%. 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 $278.32M by -155.39%. EQT's net income was $81.26M, missing the average estimation of $-38.345M by -311.90%. 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%