Piper Sandler Forecasts Strong Price Appreciation for EQT (NYSE:EQT) Stock

EQT (NYSE:EQT) had its target price hoisted by equities researchers at Piper Sandler from $50.00 to $55.00 in a research note issued on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the oil and gas producer’s stock. Piper Sandler’s price target suggests a potential downside of 10.93% from the company’s current price.

Other equities research analysts also recently issued reports about the stock. Scotiabank dropped their price target on shares of EQT from $67.00 to $63.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 21st. Citigroup cut their target price on EQT from $63.00 to $62.00 and set a “buy” rating for the company in a research report on Friday, December 19th. Siebert Williams Shank upped their price objective on shares of EQT from $59.00 to $62.00 and gave the stock a “hold” rating in a research report on Monday, January 26th. The Goldman Sachs Group dropped their target price on shares of EQT from $70.00 to $66.00 and set a “buy” rating for the company in a research report on Thursday, January 22nd. Finally, Wall Street Zen upgraded EQT from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $66.09.

EQT Stock Performance

NYSE:EQT traded up $0.44 during mid-day trading on Thursday, hitting $61.75. 2,775,031 shares of the stock were exchanged, compared to its average volume of 10,645,373. EQT has a fifty-two week low of $43.57 and a fifty-two week high of $63.06. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a market capitalization of $38.59 billion, a price-to-earnings ratio of 18.66, a price-to-earnings-growth ratio of 0.41 and a beta of 0.72. The firm’s 50-day simple moving average is $55.68 and its 200 day simple moving average is $55.04.

EQT (NYSE:EQT) last released its quarterly earnings results on Tuesday, February 17th. The oil and gas producer reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.14. EQT had a net margin of 23.59% and a return on equity of 7.25%. The business had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.13 billion. During the same period last year, the firm earned $0.69 earnings per share. EQT’s revenue for the quarter was up 24.8% compared to the same quarter last year. As a group, equities analysts anticipate that EQT will post 3.27 EPS for the current fiscal year.

Insider Transactions at EQT

In other EQT news, EVP Sarah Fenton sold 3,768 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $60.37, for a total value of $227,474.16. Following the completion of the sale, the executive vice president directly owned 52,806 shares in the company, valued at approximately $3,187,898.22. This trade represents a 6.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Todd James sold 32,514 shares of the stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $61.12, for a total transaction of $1,987,255.68. Following the transaction, the chief accounting officer directly owned 58,796 shares in the company, valued at $3,593,611.52. This trade represents a 35.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.72% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Sound Shore Management Inc CT grew its holdings in EQT by 31.8% during the third quarter. Sound Shore Management Inc CT now owns 1,526,821 shares of the oil and gas producer’s stock worth $83,105,000 after buying an additional 368,748 shares in the last quarter. Reaves W H & Co. Inc. grew its position in EQT by 12.9% during the fourth quarter. Reaves W H & Co. Inc. now owns 1,161,975 shares of the oil and gas producer’s stock valued at $62,282,000 after buying an additional 132,741 shares during the period. Rhumbline Advisers increased its holdings in EQT by 4.7% during the third quarter. Rhumbline Advisers now owns 1,108,307 shares of the oil and gas producer’s stock worth $60,325,000 after buying an additional 49,714 shares during the last quarter. SG Americas Securities LLC grew its position in shares of EQT by 1,286.2% during the 2nd quarter. SG Americas Securities LLC now owns 735,936 shares of the oil and gas producer’s stock valued at $42,920,000 after acquiring an additional 682,844 shares during the period. Finally, Whittier Trust Co. increased its stake in shares of EQT by 2.3% during the 4th quarter. Whittier Trust Co. now owns 587,172 shares of the oil and gas producer’s stock worth $31,361,000 after purchasing an additional 13,232 shares during the last quarter. 90.81% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about EQT

Here are the key news stories impacting EQT this week:

• Positive Sentiment: UBS kept a “Buy” rating on EQT while trimming its price target slightly from $76 to $75 — the target still implies meaningful upside from current levels. Article Title
• Positive Sentiment: GIP and EQT agreed on a roughly $10.7B deal to acquire U.S. power producer AES — a strategic expansion into power generation and infrastructure that diversifies EQT’s business beyond upstream gas and could support longer-term growth. GIP, EQT strike $10.7bn deal to acquire US power producer AES
• Positive Sentiment: EQT AB resolved to repurchase its own ordinary shares — a buyback that reduces float, supports EPS and typically underpins near-term share-price support. EQT AB resolves on repurchase of own ordinary shares
• Positive Sentiment: Press and analyst pieces highlight rising clean-energy demand and higher U.S. LNG exports as bullish for natural-gas cash flows — a sector tailwind for EQT’s upstream business. 3 Natural Gas Stocks to Gain on Mounting Clean Energy Demand
• Neutral Sentiment: Zacks and other outlets are re‑running valuation and coverage notes on EQT as the stock consolidates; these pieces help frame investor expectations but are primarily analytical rather than new fundamental changes. Assessing EQT (EQT) Valuation After Recent Share Price Consolidation And 1 Year Return
• Neutral Sentiment: Zacks Research has submitted a series of mixed estimate changes — raising several 2026–2027 quarterly and annual EPS forecasts while trimming one Q4‑2027 estimate; Zacks currently carries a “Hold” rating, creating mixed signals for traders. Zacks Research Weighs in on EQT’s Q1 Earnings (NYSE:EQT)
• Negative Sentiment: One Zacks note explicitly cut its Q4‑2027 EPS estimate (from $1.23 to $1.14), a reminder that some near-term quarter-level uncertainty remains and could pressure sentiment if guidance or results miss expectations. Market coverage summary

About EQT

EQT Corporation (NYSE: EQT) is a U.S.-based energy company focused on the exploration, development and production of natural gas. Headquartered in Pittsburgh, Pennsylvania, the company concentrates its upstream operations in the Appalachian Basin, producing from major shale formations including the Marcellus and Utica. EQT’s primary product is natural gas, with production activities supported by associated liquids and conventional gas assets where applicable.

In addition to drilling and well development, EQT operates and coordinates the infrastructure and commercial activities necessary to bring gas to market.