APA (NASDAQ:APA – Get Free Report) had its price target hoisted by stock analysts at Piper Sandler from $30.00 to $37.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Piper Sandler’s target price indicates a potential upside of 9.33% from the stock’s current price.
Other equities research analysts also recently issued reports about the company. Mizuho increased their price objective on APA from $22.00 to $24.00 and gave the stock an “underperform” rating in a research note on Thursday, February 26th. JPMorgan Chase & Co. lifted their target price on APA from $25.00 to $29.00 and gave the company a “neutral” rating in a research note on Friday, February 27th. Raymond James Financial reissued an “outperform” rating and issued a $31.00 price target on shares of APA in a research report on Monday, November 24th. Susquehanna raised their price target on shares of APA from $32.00 to $37.00 and gave the stock a “positive” rating in a report on Tuesday, March 3rd. Finally, Capital One Financial upped their price objective on shares of APA from $31.00 to $32.00 and gave the company an “overweight” rating in a research note on Wednesday. Seven 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’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $29.92.
Get Our Latest Stock Report on APA
APA Trading Up 2.6%
APA (NASDAQ:APA – Get Free Report) last announced its earnings results on Wednesday, February 25th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.29. The company had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.89 billion. APA had a net margin of 15.55% and a return on equity of 19.89%. The company’s revenue was down 26.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.79 EPS. Equities analysts anticipate that APA will post 4.03 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Allspring Global Investments Holdings LLC increased its stake in shares of APA by 869.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 194,418 shares of the company’s stock valued at $4,872,000 after buying an additional 174,369 shares in the last quarter. United Capital Management of KS Inc. bought a new stake in APA during the 3rd quarter worth about $1,214,000. Prudential Financial Inc. grew its holdings in APA by 38.8% during the 2nd quarter. Prudential Financial Inc. now owns 284,275 shares of the company’s stock worth $5,199,000 after acquiring an additional 79,451 shares during the last quarter. Jackson Creek Investment Advisors LLC acquired a new stake in APA in the 3rd quarter valued at about $2,337,000. Finally, AE Wealth Management LLC raised its stake in shares of APA by 2,049.4% in the third quarter. AE Wealth Management LLC now owns 403,511 shares of the company’s stock worth $9,797,000 after acquiring an additional 384,738 shares during the last quarter. 83.01% of the stock is currently owned by institutional investors and hedge funds.
APA News Roundup
Here are the key news stories impacting APA this week:
- Positive Sentiment: RBC Capital raised its price target to $29 (from $26) and cited stronger oil prices and earnings momentum as support for the shares, giving additional upward pressure on sentiment. RBC Capital Raises APA Target
- Positive Sentiment: Capital One increased its price target to $32 and maintained an Overweight rating — another bullish broker move that supports upside expectations. Capital One target raise
- Positive Sentiment: Jefferies raised its price target (coverage note reported) and Wolfe Research published a bullish outlook forecasting strong price appreciation, adding to the constructive analyst tone around APA. Jefferies increases target Wolfe Research bullish note
- Positive Sentiment: A bullish deep-dive on Seeking Alpha argues APA remains undervalued while advancing operationally, which can attract value-oriented investors and support the rally. Seeking Alpha bullish piece
- Neutral Sentiment: Goldman Sachs raised its target to $29 from $23 but kept a Sell rating — the higher target narrows downside risk but the persistent sell call tempers the positive signal. Goldman Sachs update
- Neutral Sentiment: Reported short-interest figures for early March appear anomalous (showing zero/NaN) and are not providing a meaningful signal on squeeze risk or bearish positioning at this time.
- Negative Sentiment: Zacks Research trimmed near-term EPS estimates — lowering Q2 2026 and Q4 2026 EPS forecasts to $0.44 and $0.46 respectively and publishing a FY2028 EPS projection of $2.64 — and keeps a Hold rating. Lower near-term estimates add caution on near-term earnings momentum.
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.
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