APA (NASDAQ:APA) Price Target Raised to $29.00

APA (NASDAQ:APA) had its target price increased by The Goldman Sachs Group from $23.00 to $29.00 in a research note published on Wednesday, Marketbeat Ratings reports. The firm currently has a sell rating on the stock.

A number of other research analysts have also issued reports on APA. BMO Capital Markets boosted their target price on shares of APA from $30.00 to $35.00 and gave the company a “market perform” rating in a research note on Tuesday, March 3rd. Royal Bank Of Canada raised their price target on shares of APA from $26.00 to $29.00 and gave the company a “sector perform” rating in a research note on Thursday, March 5th. Wolfe Research lifted their price target on APA from $39.00 to $45.00 in a report on Monday, March 9th. Sanford C. Bernstein decreased their price objective on APA from $26.00 to $25.00 and set a “market perform” rating for the company in a report on Monday, January 5th. Finally, Mizuho raised their target price on APA from $22.00 to $24.00 and gave the company an “underperform” rating in a research report on Thursday, February 26th. Seven investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $30.08.

APA Price Performance

Shares of NASDAQ APA opened at $34.47 on Wednesday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $12.18 billion, a price-to-earnings ratio of 8.64, a price-to-earnings-growth ratio of 18.11 and a beta of 0.67. APA has a twelve month low of $13.58 and a twelve month high of $34.59. The business has a 50 day simple moving average of $27.88 and a 200-day simple moving average of $25.34.

APA (NASDAQ:APA) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.29. The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.89 billion. APA had a net margin of 15.55% and a return on equity of 19.89%. APA’s quarterly revenue was down 26.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.79 earnings per share. As a group, equities research analysts expect that APA will post 4.03 earnings per share for the current year.

APA Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Wednesday, April 22nd will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Wednesday, April 22nd. APA’s payout ratio is 25.06%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in APA. Coldstream Capital Management Inc. raised its holdings in APA by 1.4% during the fourth quarter. Coldstream Capital Management Inc. now owns 28,171 shares of the company’s stock worth $689,000 after purchasing an additional 396 shares in the last quarter. Patriot Financial Group Insurance Agency LLC lifted its position in APA by 3.2% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 14,648 shares of the company’s stock worth $358,000 after purchasing an additional 461 shares during the period. Howard Capital Management Inc. boosted its stake in APA by 0.5% during the 3rd quarter. Howard Capital Management Inc. now owns 94,848 shares of the company’s stock valued at $2,303,000 after purchasing an additional 485 shares in the last quarter. one8zero8 LLC boosted its stake in APA by 1.2% during the 3rd quarter. one8zero8 LLC now owns 42,254 shares of the company’s stock valued at $1,026,000 after purchasing an additional 488 shares in the last quarter. Finally, Arizona State Retirement System increased its position in shares of APA by 0.5% during the 3rd quarter. Arizona State Retirement System now owns 106,734 shares of the company’s stock valued at $2,592,000 after purchasing an additional 517 shares during the period. Institutional investors and hedge funds own 83.01% of the company’s stock.

APA News Summary

Here are the key news stories impacting APA this week:

• Positive Sentiment: Piper Sandler raised its price target to $37 (neutral rating), signaling upside relative to recent levels and providing near-term buy-side support. Piper Sandler raises APA target
• Positive Sentiment: Goldman Sachs published a bullish forecast for APA, calling for strong price appreciation — this high-profile backing can lift investor sentiment. Goldman Sachs bullish on APA
• Positive Sentiment: RBC Capital raised its target to $29 and reiterated Sector Perform, citing oil strength and earnings momentum — another supportive institutional view. RBC raises APA target
• Neutral Sentiment: Reported short-interest data showed zero shares outstanding for March (likely a data anomaly); it does not appear to be exerting real pressure or squeeze risk at present.
• Negative Sentiment: Barclays raised its target to $28 but maintained an “underweight” rating — the new target still sits below recent trading levels, which could cap upside and weigh on sentiment. Barclays adjusts APA price target
• Negative Sentiment: Zacks Research cut multiple near-term and medium-term EPS estimates (several quarters, FY2026–FY2027 and FY2028 revisions) and retains a “Hold” rating — broad downward revisions reduce forward earnings visibility and are a negative catalyst for valuation.

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.