APA (NASDAQ:APA) Upgraded at Zacks Research

APA (NASDAQ:APA) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Thursday,Zacks.com reports.

Several other equities research analysts also recently issued reports on APA. Evercore increased their target price on APA from $21.00 to $25.00 in a research report on Thursday. Citigroup raised their target price on APA from $24.00 to $25.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 26th. Roth Mkm upped their price target on APA from $23.00 to $27.00 and gave the company a “neutral” rating in a research report on Thursday. Jefferies Financial Group raised their price objective on shares of APA from $21.00 to $22.00 and gave the company a “hold” rating in a research report on Tuesday, January 20th. Finally, Sanford C. Bernstein decreased their target price on shares of APA from $26.00 to $25.00 and set a “market perform” rating on the stock in a report on Monday, January 5th. Seven investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, APA has a consensus rating of “Hold” and a consensus price target of $27.39.

APA Stock Up 4.4%

Shares of NASDAQ APA opened at $30.37 on Thursday. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.78 and a quick ratio of 0.78. The stock has a market capitalization of $10.77 billion, a PE ratio of 7.61, a P/E/G ratio of 13.30 and a beta of 0.74. APA has a one year low of $13.58 and a one year high of $30.42. The business’s fifty day moving average price is $26.28 and its 200-day moving average price is $24.53.

APA (NASDAQ:APA) last announced 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 company had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.89 billion. APA had a return on equity of 20.08% and a net margin of 15.55%.The firm’s revenue for the quarter was down 26.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.79 EPS. On average, equities research analysts anticipate that APA will post 4.03 EPS for the current year.

Hedge Funds Weigh In On APA

Institutional investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in APA by 6.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,300 shares of the company’s stock worth $700,000 after buying an additional 2,070 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of APA by 49.6% during the first quarter. NewEdge Advisors LLC now owns 10,785 shares of the company’s stock worth $227,000 after acquiring an additional 3,578 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of APA by 43.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,668,505 shares of the company’s stock worth $56,092,000 after acquiring an additional 806,252 shares during the last quarter. Focus Partners Wealth boosted its stake in shares of APA by 10.6% in the 1st quarter. Focus Partners Wealth now owns 44,833 shares of the company’s stock valued at $942,000 after purchasing an additional 4,297 shares in the last quarter. Finally, Teacher Retirement System of Texas grew its holdings in shares of APA by 2.3% during the 2nd quarter. Teacher Retirement System of Texas now owns 55,330 shares of the company’s stock valued at $1,012,000 after purchasing an additional 1,245 shares during the last quarter. 83.01% of the stock is currently owned by institutional investors.

Trending Headlines about APA

Here are the key news stories impacting APA this week:

• Positive Sentiment: Q4 results and free cash flow beat — APA reported better‑than‑expected EPS and revenue and highlighted robust free cash flow and disciplined capital allocation, supporting the rally. APA beats quarterly profit estimates
• Positive Sentiment: Strategic capital plan & cost savings — Management signaled a $2.1B 2026 capital plan and is targeting roughly $450M in annual cost savings, which improves free cash flow outlook and supports share gains. APA signals $2.1B capital plan
• Positive Sentiment: Bullish analyst move — Wolfe Research raised its price target to $39 and kept an “outperform” rating, implying material upside and likely helping buying interest. Wolfe raises PT to $39
• Neutral Sentiment: Major bank neutral adjustments — Roth MKM and JPMorgan raised targets to $27 and $29 respectively but maintained neutral ratings, narrowing upside and signaling mixed conviction. Roth raises PT to $27 JPMorgan raises PT to $29
• Negative Sentiment: Some analysts still see downside — Mizuho and Evercore raised price targets but keep below‑current valuations (to $24 and $25) with underperform/in‑line stances, which likely caps gains for investors focused on downside risk. Mizuho adjusts PT to $24 Evercore adjusts PT to $25

About APA

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.