Equitrans Midstream (ETRN) Stock Forecast, Price Target & Predictions
ETRN Stock Forecast
Equitrans Midstream stock forecast is as follows: an average price target of $11.61 (represents a -6.52% downside from ETRN’s last price of $12.42) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
ETRN Price Target
The average price target for Equitrans Midstream (ETRN) is $11.61 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $17.00 to $6.00. This represents a potential -6.52% downside from ETRN's last price of $12.42.
ETRN Analyst Ratings
According to 4 Wall Street analysts, Equitrans Midstream's rating consensus is 'Buy'. The analyst rating breakdown for ETRN stock is 0 'Strong Buy' (0.00%), 2 'Buy' (50.00%), 2 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Equitrans Midstream Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 10, 2024 | Robert Kad | Morgan Stanley | $17.00 | $14.04 | 21.08% | 36.88% |
| Mar 12, 2024 | Michael Blum | Wells Fargo | $12.00 | $11.39 | 5.36% | -3.38% |
| Sep 11, 2023 | TJ Schultz | RBC Capital | $13.00 | $9.46 | 37.42% | 4.67% |
| Aug 24, 2023 | Spiro Dounis | Citigroup | $9.25 | $9.72 | -4.88% | -25.52% |
| Feb 01, 2023 | Goldman Sachs | $6.00 | $7.25 | -17.24% | -51.69% | |
| Dec 16, 2022 | Wells Fargo | $8.00 | $6.71 | 19.31% | -35.59% | |
| Dec 09, 2022 | Citigroup | $8.00 | $7.16 | 11.73% | -35.59% | |
| Apr 28, 2022 | Wells Fargo | $9.00 | $7.89 | 14.00% | -27.54% | |
| Oct 18, 2021 | Eduardo Seda | JonesTrading | $13.00 | $10.93 | 18.94% | 4.67% |
| Sep 28, 2021 | Chase Mulvehill | Bank of America Securities | $11.00 | $9.85 | 11.68% | -11.43% |
The latest Equitrans Midstream stock forecast, released on Jun 10, 2024 by Robert Kad from Morgan Stanley, set a price target of $17.00, which represents a 21.08% increase from the stock price at the time of the forecast ($14.04), and a 36.88% increase from ETRN last price ($12.42).
Equitrans Midstream Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 4 |
| Avg Price Target | - | $17.00 | $12.81 |
| Last Closing Price | $12.42 | $12.42 | $12.42 |
| Upside/Downside | -100.00% | 36.88% | 3.14% |
In the current month, the average price target of Equitrans Midstream stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Equitrans Midstream's last price of $12.42. 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 |
|---|---|---|---|---|
| Jun 10, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Mar 07, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Mar 07, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Oct 10, 2023 | RBC Capital | Outperform | Outperform | Hold |
| Sep 11, 2023 | Wells Fargo | Overweight | Overweight | Hold |
| Aug 24, 2023 | Citigroup | Neutral | Neutral | Hold |
| Aug 24, 2023 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jul 25, 2023 | Raymond James | Market Perform | Initialise | |
| Jul 25, 2023 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jun 06, 2023 | Citigroup | Neutral | Neutral | Hold |
| Jun 05, 2023 | Morgan Stanley | Overweight | Upgrade | |
| Jun 01, 2023 | Wolfe Research | Outperform | Upgrade | |
| May 30, 2023 | RBC Capital | Outperform | Upgrade | |
| Dec 16, 2022 | Wells Fargo | Overweight | Equal-Weight | Downgrade |
| Dec 09, 2022 | Citigroup | Neutral | Initialise | |
| Sep 28, 2022 | Bank of America Securities | Underperform | Downgrade | |
| Aug 10, 2022 | Wells Fargo | Equal-Weight | Overweight | Upgrade |
| Apr 28, 2022 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Feb 24, 2022 | Wells Fargo | Equal-Weight | Downgrade |
Equitrans Midstream's last stock rating was published by Morgan Stanley on Jun 10, 2024. The company gave ETRN a "Overweight" rating, the same as its previous rate.
Equitrans Midstream Financial Forecast
Equitrans Midstream Revenue Forecast
| 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 | Jun 19 | Mar 19 | Dec 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $338.51M | $328.61M | $376.34M | $355.24M | $331.75M | - | $342.15M | $246.67M | $342.07M | $348.30M | $380.00M | $367.12M | $350.00M | $340.59M | $453.11M | $425.86M | $408.43M | $406.17M | $389.78M | $384.79M |
| Avg Forecast | $425.28M | $400.84M | $405.53M | $410.60M | $410.19M | $385.01M | $345.56M | $345.79M | $366.87M | $331.47M | $329.99M | $363.02M | $341.20M | $336.44M | $337.34M | $384.23M | $330.88M | $363.71M | $354.69M | $385.98M | $380.15M | $366.97M | $356.33M | $366.63M | $419.83M | $409.27M | $402.02M | $400.59M | $142.01M |
| High Forecast | $425.28M | $400.84M | $405.53M | $410.60M | $410.19M | $385.01M | $369.38M | $345.79M | $389.38M | $341.53M | $329.99M | $363.02M | $341.20M | $336.44M | $337.34M | $392.16M | $337.71M | $371.22M | $362.01M | $393.95M | $387.99M | $374.55M | $363.68M | $374.20M | $428.49M | $417.72M | $410.32M | $408.85M | $170.41M |
| Low Forecast | $425.28M | $400.84M | $405.53M | $410.60M | $410.19M | $385.01M | $329.80M | $345.79M | $350.57M | $325.06M | $329.99M | $363.02M | $341.20M | $336.44M | $337.34M | $374.59M | $322.57M | $354.58M | $345.78M | $376.29M | $370.60M | $357.76M | $347.38M | $357.43M | $409.28M | $398.99M | $391.93M | $390.53M | $113.60M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.02% | 1.00% | 1.04% | 1.04% | 0.99% | - | 0.89% | 0.75% | 0.94% | 0.98% | 0.98% | 0.97% | 0.95% | 0.96% | 1.24% | 1.01% | 1.00% | 1.01% | 0.97% | 2.71% |
Equitrans Midstream's average Quarter revenue forecast for Dec 23 based on 3 analysts is $366.87M, with a low forecast of $350.57M, and a high forecast of $389.38M. ETRN's average Quarter revenue forecast represents a 8.38% increase compared to the company's last Quarter revenue of $338.51M (Sep 23).
Equitrans Midstream EBITDA Forecast
| 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 | Jun 19 | Mar 19 | Dec 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | $154.29M | $129.53M | $207.26M | $185.69M | $179.27M | - | $287.54M | $-1.81B | $295.87M | $230.84M | $273.07M | $327.89M | $362.29M | $236.91M | $231.55M | $-120.76M | $75.73M | $218.21M | $210.60M | $1.03M |
| Avg Forecast | $294.95M | $278.00M | $281.26M | $284.77M | $284.49M | $267.03M | $239.66M | $239.82M | $254.44M | $229.89M | $228.87M | $251.78M | $236.64M | $233.34M | $233.96M | $358.44M | $-4.30B | $252.25M | $261.62M | $310.30M | $356.82M | $254.52M | $299.66M | $105.40M | $-77.08M | $51.73M | $135.08M | $290.35M | $730.26K |
| High Forecast | $294.95M | $278.00M | $281.26M | $284.77M | $284.49M | $267.03M | $256.18M | $239.82M | $270.05M | $236.87M | $228.87M | $251.78M | $236.64M | $233.34M | $233.96M | $430.12M | $-3.44B | $257.46M | $313.94M | $372.36M | $428.19M | $259.77M | $359.59M | $126.48M | $-61.66M | $62.08M | $162.10M | $348.42M | $876.31K |
| Low Forecast | $294.95M | $278.00M | $281.26M | $284.77M | $284.49M | $267.03M | $228.73M | $239.82M | $243.14M | $225.44M | $228.87M | $251.78M | $236.64M | $233.34M | $233.96M | $286.75M | $-5.16B | $245.92M | $209.29M | $248.24M | $285.46M | $248.12M | $239.73M | $84.32M | $-92.50M | $41.39M | $108.07M | $232.28M | $584.21K |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.67% | 0.57% | 0.82% | 0.78% | 0.77% | - | 0.80% | 0.42% | 1.17% | 0.88% | 0.88% | 0.92% | 1.42% | 0.79% | 2.20% | 1.57% | 1.46% | 1.62% | 0.73% | 1.41% |
3 analysts predict ETRN's average Quarter EBITDA for Dec 23 to be $254.44M, with a high of $270.05M and a low of $243.14M. This is 64.91% upper than Equitrans Midstream's previous annual EBITDA (Sep 23) of $154.29M.
Equitrans Midstream Net Income Forecast
| 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 | Jun 19 | Mar 19 | Dec 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | $112.80M | $46.16M | $101.68M | $80.61M | $-503.60M | - | $101.13M | $-1.57B | $87.35M | $37.11M | $72.68M | $132.44M | $164.47M | $56.49M | $69.73M | $-268.74M | $-65.83M | $74.52M | $56.30M | $-144.30M |
| Avg Forecast | $88.43M | $91.62M | $86.29M | $109.06M | $100.80M | $86.19M | $55.60M | $154.57M | $71.13M | $25.81M | $40.12M | $140.52M | $68.92M | $118.69M | $51.29M | $127.75M | $-3.74B | $107.90M | $42.06M | $82.59M | $144.13M | $169.61M | $71.46M | $31.74M | $-171.53M | $-44.97M | $46.13M | $77.62M | $-102.41M |
| High Forecast | $88.43M | $91.62M | $86.29M | $109.06M | $100.80M | $86.19M | $80.88M | $185.49M | $102.74M | $89.15M | $40.12M | $168.63M | $68.92M | $142.43M | $51.29M | $153.30M | $-2.99B | $129.48M | $50.47M | $99.11M | $172.95M | $203.53M | $85.75M | $38.09M | $-137.23M | $-35.97M | $55.36M | $93.14M | $-81.92M |
| Low Forecast | $88.43M | $91.62M | $86.29M | $109.06M | $100.80M | $86.19M | $20.22M | $123.66M | $39.51M | $7.04M | $40.12M | $112.42M | $68.92M | $94.95M | $51.29M | $102.20M | $-4.49B | $86.32M | $33.65M | $66.08M | $115.30M | $135.68M | $57.17M | $25.39M | $-205.84M | $-53.96M | $36.91M | $62.10M | $-122.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | 4.37% | 1.15% | 0.72% | 1.17% | -4.24% | - | 0.79% | 0.42% | 0.81% | 0.88% | 0.88% | 0.92% | 0.97% | 0.79% | 2.20% | 1.57% | 1.46% | 1.62% | 0.73% | 1.41% |
Equitrans Midstream's average Quarter net income forecast for Dec 23 is $71.13M, with a range of $39.51M to $102.74M. ETRN's average Quarter net income forecast represents a -36.95% decrease compared to the company's last Quarter net income of $112.80M (Sep 23).
Equitrans Midstream SG&A Forecast
| 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 | Jun 19 | Mar 19 | Dec 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | $55.63M | $56.93M | $32.62M | $36.40M | $33.35M | - | $28.13M | $34.11M | $33.56M | $35.48M | $35.49M | $35.78M | $31.63M | $32.82M | $68.16M | $58.72M | $48.30M | $54.45M | $64.36M | $34.44M |
| Avg Forecast | $41.64M | $39.25M | $39.71M | $40.21M | $40.17M | $37.70M | $33.84M | $42.99M | $35.92M | $32.46M | $32.31M | $39.08M | $33.41M | $45.60M | $33.03M | $35.53M | $80.94M | $41.46M | $40.21M | $40.33M | $38.94M | $32.61M | $41.51M | $31.03M | $37.48M | $33.00M | $33.71M | $88.73M | $24.44M |
| High Forecast | $41.64M | $39.25M | $39.71M | $40.21M | $40.17M | $37.70M | $36.17M | $51.59M | $38.13M | $33.44M | $32.31M | $46.90M | $33.41M | $54.72M | $33.03M | $42.63M | $97.12M | $49.75M | $48.26M | $48.40M | $46.73M | $39.14M | $49.82M | $37.23M | $44.98M | $39.60M | $40.45M | $106.47M | $29.33M |
| Low Forecast | $41.64M | $39.25M | $39.71M | $40.21M | $40.17M | $37.70M | $32.29M | $34.39M | $34.33M | $31.83M | $32.31M | $31.26M | $33.41M | $36.48M | $33.03M | $28.42M | $64.75M | $33.17M | $32.17M | $32.27M | $31.15M | $26.09M | $33.21M | $24.82M | $29.99M | $26.40M | $26.96M | $70.98M | $19.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.71% | 1.76% | 0.83% | 1.09% | 0.73% | - | 0.79% | 0.42% | 0.81% | 0.88% | 0.88% | 0.92% | 0.97% | 0.79% | 2.20% | 1.57% | 1.46% | 1.62% | 0.73% | 1.41% |
Equitrans Midstream's average Quarter SG&A projection for Dec 23 is $35.92M, based on 3 Wall Street analysts, with a range of $34.33M to $38.13M. The forecast indicates a -35.42% fall compared to ETRN last annual SG&A of $55.63M (Sep 23).
Equitrans Midstream EPS Forecast
| 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 | Jun 19 | Mar 19 | Dec 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | $0.26 | $0.11 | $0.20 | $0.15 | $-1.16 | - | $0.20 | $-3.63 | $0.17 | $0.05 | $0.13 | $0.27 | $0.35 | $0.10 | $0.28 | $-1.05 | $-0.26 | $0.29 | $0.22 | $-0.19 |
| Avg Forecast | $0.20 | $0.21 | $0.20 | $0.25 | $0.23 | $0.20 | $0.13 | $0.23 | $0.16 | $0.06 | $0.09 | $0.14 | $0.16 | $0.14 | $0.12 | $0.19 | $0.11 | $0.16 | $0.15 | $0.20 | $0.34 | $0.32 | $0.29 | $0.24 | $0.46 | $0.42 | $0.40 | $0.47 | $0.22 |
| High Forecast | $0.20 | $0.21 | $0.20 | $0.25 | $0.23 | $0.20 | $0.18 | $0.23 | $0.23 | $0.20 | $0.09 | $0.14 | $0.16 | $0.14 | $0.12 | $0.19 | $0.11 | $0.16 | $0.15 | $0.20 | $0.35 | $0.33 | $0.30 | $0.25 | $0.47 | $0.43 | $0.41 | $0.49 | $0.26 |
| Low Forecast | $0.20 | $0.21 | $0.20 | $0.25 | $0.23 | $0.20 | $0.05 | $0.23 | $0.09 | $0.02 | $0.09 | $0.14 | $0.16 | $0.14 | $0.12 | $0.18 | $0.11 | $0.15 | $0.14 | $0.19 | $0.33 | $0.31 | $0.28 | $0.23 | $0.44 | $0.41 | $0.38 | $0.46 | $0.18 |
| Surprise % | - | - | - | - | - | - | - | - | - | 4.45% | 1.21% | 1.39% | 0.96% | -8.43% | - | 1.07% | -33.29% | 1.08% | 0.34% | 0.66% | 0.80% | 1.09% | 0.34% | 1.17% | -2.30% | -0.62% | 0.73% | 0.46% | -0.86% |
According to 3 Wall Street analysts, Equitrans Midstream's projected average Quarter EPS for Dec 23 is $0.16, with a low estimate of $0.09 and a high estimate of $0.23. This represents a -38.08% decrease compared to ETRN previous annual EPS of $0.26 (Sep 23).
Equitrans Midstream Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PAGP | Plains GP | $18.80 | $23.00 | 22.34% | Buy |
| PAA | Plains All American Pipeline | $17.44 | $20.00 | 14.68% | Hold |
| ENLC | EnLink Midstream | $14.32 | $15.20 | 6.15% | Hold |
| WES | Western Midstream Partners, LP | $39.22 | $40.00 | 1.99% | Hold |
| MPLX | MPLX LP | $47.70 | $46.00 | -3.56% | Buy |
| TRGP | Targa Resources | $181.22 | $173.56 | -4.23% | Buy |
| HESM | Hess Midstream LP | $36.04 | $34.33 | -4.74% | Hold |