Equinor ASA (NYSE:EQNR) Stock Price Expected to Rise, TD Cowen Analyst Says

Equinor ASA (NYSE:EQNR) had its target price boosted by equities researchers at TD Cowen from $38.00 to $41.00 in a research note issued on Monday, Benzinga reports. The firm currently has a “hold” rating on the stock. TD Cowen’s price objective would suggest a potential downside of 0.84% from the company’s previous close.

EQNR has been the topic of a number of other research reports. Weiss Ratings upgraded Equinor ASA from a “hold (c+)” rating to a “buy (b)” rating in a research note on Thursday, July 23rd. Wall Street Zen raised Equinor ASA from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 12th. Royal Bank Of Canada upgraded Equinor ASA from an “underperform” rating to a “sector perform” rating in a research note on Thursday, July 23rd. Finally, Bank of America raised Equinor ASA from a “neutral” rating to a “buy” rating and set a $49.00 price objective for the company in a report on Friday, September 18th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $43.47.

Equinor ASA Stock Performance

NYSE EQNR opened at $41.35 on Monday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.18 and a quick ratio of 1.10. Equinor ASA has a 1 year low of $22.26 and a 1 year high of $45.84. The company has a market capitalization of $98.85 billion, a PE ratio of 11.27, a P/E/G ratio of 1.98 and a beta of 0.03. The company has a fifty day moving average of $41.91 and a two-hundred day moving average of $38.82.

Equinor ASA (NYSE:EQNR) last issued its quarterly earnings data on Tuesday, July 21st. The company reported $1.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.39 by ($0.06). Equinor ASA had a return on equity of 23.60% and a net margin of 7.92%.The firm had revenue of $34.02 billion for the quarter, compared to analysts’ expectations of $34.03 billion. As a group, analysts expect that Equinor ASA will post 5.29 earnings per share for the current year.

Hedge Funds Weigh In On Equinor ASA

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. raised its stake in Equinor ASA by 8.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 199,147 shares of the company’s stock valued at $6,253,000 after acquiring an additional 15,122 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in Equinor ASA by 2.6% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 36,842 shares of the company’s stock worth $1,157,000 after acquiring an additional 923 shares during the period. Engineers Gate Manager LP purchased a new position in shares of Equinor ASA in the 2nd quarter valued at approximately $1,195,000. Integrated Wealth Concepts LLC grew its stake in shares of Equinor ASA by 50.4% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 24,266 shares of the company’s stock valued at $762,000 after purchasing an additional 8,136 shares during the last quarter. Finally, Baird Financial Group Inc. grew its stake in shares of Equinor ASA by 38.3% in the 2nd quarter. Baird Financial Group Inc. now owns 11,527 shares of the company’s stock valued at $362,000 after purchasing an additional 3,195 shares during the last quarter. Hedge funds and other institutional investors own 5.51% of the company’s stock.

Equinor ASA News Roundup

Here are the key news stories impacting Equinor ASA this week:

• Positive Sentiment: Equinor continued the third tranche of its 2026 share-buyback program and now holds approximately 0.87% of its shares in treasury. Repurchases can support earnings per share and provide demand for the stock. Equinor ASA Share Buy-back Third Tranche for 2026
• Positive Sentiment: Zacks upgraded Equinor to a Rank #1, or “Strong Buy,” citing improving earnings prospects. EQNR was also included in Zacks’ Strong Buy momentum, value and income-stock lists, reinforcing bullish quantitative and fundamental sentiment. What Makes Equinor a New Strong Buy Stock
• Positive Sentiment: Recent analyst-rating coverage highlighted Equinor’s improving fundamentals and strategic positioning in the energy market, adding to the constructive outlook. Analyst Rating Boosts May Signal More Upside
• Neutral Sentiment: TD Cowen raised its price target from $38 to $41 but maintained a “Hold” rating. The new target is roughly in line with the cited share price, suggesting the analyst sees limited near-term upside despite the increase.
• Negative Sentiment: Put-option volume reached 10,084 contracts, about 169% above the average daily volume. The surge may reflect increased hedging or bearish speculation and can pressure short-term investor sentiment, although options activity alone does not confirm a change in fundamentals.

About Equinor ASA

Equinor ASA is a Norwegian energy company engaged in the exploration, development, production, processing, transportation, marketing and trading of oil and natural gas. The company also operates in renewable energy and other lower-carbon activities, including offshore wind, carbon capture and storage, and hydrogen initiatives.

Equinor’s operations are centered on the Norwegian continental shelf, where it is one of the leading producers of oil and natural gas. The company also has international exploration, production and energy projects across regions including Europe, North America, South America and Africa.