
EQT (EQT) Stock Forecast & Price Target
EQT (EQT) Analyst Ratings
Bulls say
EQT's focus on natural gas production in the rich Marcellus and Utica shales positions the company favorably within the growing energy sector, as evidenced by significant inbound investor interest. As the demand for natural gas continues to rise, particularly among utilities and industrial operators, EQT's operational segments stand to benefit from enhanced revenue streams and market share gains. Additionally, the upward trends in associated job postings and overall economic indicators within the energy sector reinforce the positive outlook for EQT's performance and growth potential.
Bears say
EQT's stock outlook is tempered by several fundamental concerns, including a notable decline in retail fuel margins, which shifted from ~42.0¢/g the previous week to ~38.0¢/g. Additionally, the company's acquisition activities, specifically the delayed acquisition of Tug Hill, heighten uncertainty, with the potential for further delays negatively influencing revenue estimates. The risks surrounding commodity price volatility and inflationary pressures, along with the lack of expected well completions from November 2024 to January 2025, contribute further to an unfavorable financial outlook for EQT.
This aggregate rating is based on analysts' research of EQT and is not a guaranteed prediction by Public.com or investment advice.
EQT (EQT) Analyst Forecast & Price Prediction
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