Zacks Research Forecasts APA’s FY2026 Earnings (NASDAQ:APA)

APA Corporation (NASDAQ:APA) – Analysts at Zacks Research raised their FY2026 earnings estimates for APA in a research report issued on Thursday, August 20th. Zacks Research analyst Team now expects that the company will post earnings per share of $4.40 for the year, up from their prior forecast of $4.22. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for APA’s current full-year earnings is $5.27 per share. Zacks Research also issued estimates for APA’s Q1 2027 earnings at $0.94 EPS, Q3 2027 earnings at $0.72 EPS, Q4 2027 earnings at $0.73 EPS, FY2027 earnings at $3.16 EPS, Q1 2028 earnings at $0.99 EPS and FY2028 earnings at $3.59 EPS.

A number of other analysts have also weighed in on APA. Barclays lowered their price target on shares of APA from $41.00 to $40.00 and set an “equal weight” rating for the company in a report on Monday. Raymond James Financial reduced their target price on APA from $57.00 to $50.00 and set an “outperform” rating on the stock in a report on Monday, July 13th. JPMorgan Chase & Co. raised their price target on APA from $38.00 to $41.00 in a research report on Friday, May 8th. The Goldman Sachs Group cut their price objective on APA from $34.00 to $32.00 and set a “sell” rating on the stock in a report on Tuesday, June 30th. Finally, KeyCorp set a $46.00 target price on APA in a research note on Wednesday, August 12th. Ten research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $41.50.

APA Price Performance

Shares of APA stock opened at $44.39 on Friday. The firm’s 50-day simple moving average is $35.85 and its 200-day simple moving average is $35.74. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.95 and a current ratio of 0.95. The firm has a market cap of $15.55 billion, a P/E ratio of 9.38 and a beta of 0.35. APA has a twelve month low of $19.96 and a twelve month high of $45.66.

APA (NASDAQ:APA) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $1.89 earnings per share for the quarter, missing the consensus estimate of $1.90 by ($0.01). APA had a return on equity of 24.84% and a net margin of 19.48%.The business had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same period in the prior year, the firm posted $0.87 EPS.

Institutional Investors Weigh In On APA

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Altshuler Shaham Ltd increased its holdings in APA by 36.7% in the 1st quarter. Altshuler Shaham Ltd now owns 1,229 shares of the company’s stock valued at $52,000 after buying an additional 330 shares during the period. Rockefeller Capital Management L.P. boosted its position in shares of APA by 0.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 106,667 shares of the company’s stock worth $2,609,000 after acquiring an additional 375 shares in the last quarter. Coldstream Capital Management Inc. boosted its position in shares of APA by 1.4% during the 4th quarter. Coldstream Capital Management Inc. now owns 28,171 shares of the company’s stock worth $689,000 after acquiring an additional 396 shares in the last quarter. Fortitude Family Office LLC increased its stake in APA by 37.9% in the second quarter. Fortitude Family Office LLC now owns 1,489 shares of the company’s stock valued at $48,000 after acquiring an additional 409 shares during the last quarter. Finally, IRON Financial LLC raised its position in APA by 7.2% during the second quarter. IRON Financial LLC now owns 7,279 shares of the company’s stock valued at $237,000 after purchasing an additional 490 shares in the last quarter. Institutional investors and hedge funds own 83.01% of the company’s stock.

Trending Headlines about APA

Here are the key news stories impacting APA this week:

• Positive Sentiment: Argus upgraded APA Corporation from Hold to Buy and assigned a $48 price target, implying additional upside from the referenced $44.39 price. The upgrade provides a stronger bullish signal for the stock. APA Raised to Buy at Argus
• Positive Sentiment: Zacks Research raised its EPS forecasts for FY2026 to $4.40 from $4.22, FY2027 to $3.16 from $2.99, and FY2028 to $3.59 from $3.38. It also lifted estimates for Q1 2027 to $0.94 from $0.84, Q3 2027 to $0.72 from $0.68, and Q4 2027 to $0.73 from $0.69. The revisions suggest improving expectations for APA’s medium-term earnings.
• Neutral Sentiment: Despite the higher forecasts for most periods, Zacks trimmed its Q1 2028 EPS estimate to $0.99 from $1.03. Zacks maintained a Hold rating, indicating that the improved outlook has not yet justified a fully bullish recommendation.
• Negative Sentiment: APA’s latest reported quarter slightly missed expectations, with EPS of $1.89 versus a $1.90 consensus estimate and revenue of $2.37 billion versus $2.46 billion. That recent earnings and revenue shortfall may limit the impact of the more favorable longer-term estimate revisions.

APA Company Profile

APA Corporation (NASDAQ: APA) is an independent exploration and production company engaged in the acquisition, development and production of oil and natural gas resources. The company operates through three core regions: the United States, Egypt and the North Sea. Through its integrated approach, APA combines geological and geophysical expertise with technical innovation to identify and develop hydrocarbons in both onshore and offshore settings.

In the United States, APA’s largest position is in the Permian Basin of West Texas and southeastern New Mexico, where it holds substantial acreage dedicated to oil-focused drilling and production.