EQT

EQT CORP

$0.00

-2.28%
Apr 3, 2026
Bobby Quantitative Model
EQT Corp is an independent natural gas production company operating in the Oil & Gas Exploration & Production industry. It is a leading player in the Appalachian Basin, focusing on the prolific Marcellus and Utica shale formations.

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BobbyInvestment Opinion: Should I buy EQT Today?

Based on a synthesis of strong fundamental performance, positive analyst sentiment, and a robust financial position, EQT Corp merits a 'Buy' rating for investors with a tolerance for energy sector volatility. The company's impressive revenue growth, expanding net margins, and substantial free cash flow generation are key strengths. The forward P/E of 13.65, based on estimated EPS of $7.80, appears reasonable given the growth profile and strong balance sheet (debt-to-equity of 0.33). This assessment is an objective evaluation of the available data, not personalized financial advice.

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EQT 12-Month Price Forecast

The data supports a bullish stance due to excellent fundamentals and positive momentum, but confidence is tempered by the stock's proximity to its 52-week high and the cyclical nature of the industry.

Historical Price
Current Price $59.7
Average Target $70
High Target $85
Low Target $50

Wall Street consensus

Most Wall Street analysts maintain a constructive view on EQT CORP's 12-month outlook, with a consensus price target around $0.00 and implied upside of — versus the current price.

Average Target

$0.00

3 analysts

Implied Upside

vs. current price

Analyst Count

3

covering this stock

Price Range

$0 - $0

Analyst target range

Buy
0 (0%)
Hold
1 (33%)
Sell
2 (67%)

Wall Street analyst consensus shows strong positive sentiment, with recent ratings from major firms including 'Outperform' from BMO Capital and Barclays, 'Overweight' from JP Morgan and Stephens & Co., and 'Buy' from Truist Securities, UBS, and TD Cowen. The consensus estimates project an average EPS of $7.80 and average revenue of $11.93 billion. However, a specific consensus target price and ratings distribution (e.g., buy/hold/sell percentages) are not provided in the data.

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Bulls vs Bears: EQT Investment Factors

EQT presents a compelling mix of strong fundamentals, financial discipline, and positive momentum, supported by favorable industry dynamics. However, the stock trades near its yearly high and faces inherent commodity price risks. The overall picture is positive but suggests caution at current elevated levels.

Bullish

  • Strong Revenue and Earnings Growth: Q4 2025 revenue grew 25.75% YoY; net margin improved to 29.8%.
  • Robust Free Cash Flow Generation: TTM free cash flow of $2.85B supports financial flexibility and shareholder returns.
  • Conservative Financial Leverage: Low debt-to-equity ratio of 0.33 indicates a strong balance sheet.
  • Positive Industry Tailwinds: News suggests geopolitical events may benefit U.S. natural gas exporters.

Bearish

  • Commodity Price Volatility: Earnings are highly sensitive to fluctuating natural gas prices.
  • Trading Near 52-Week High: Current price of $63.64 is near the 52-week high of $68.24, limiting near-term upside.
  • Elevated Short Interest: A short ratio of 2.57 suggests notable bearish sentiment from some investors.
  • Moderate Valuation Multiples: Forward P/E of 13.65 is reasonable but not deeply undervalued.

EQT Technical Analysis

The stock has demonstrated strong positive momentum over the observed period, rising from around $55.76 in early October 2025 to a recent close of $63.64. This represents a significant upward trend, culminating in a price near the upper end of its 52-week range. Over the short term, the stock has gained 3.61% over the past month and 18.73% over the past three months, significantly outperforming the broader market as indicated by positive relative strength figures of 8.86 and 23.36, respectively. The current price of $63.64 sits near the top of its 52-week range of $43.57 to $68.24, indicating the stock is trading at a relatively high level. The price has retreated slightly from a recent peak of $67.93 on March 25, 2026, but remains well above its starting point in the data.

Beta

0.69

0.69x market volatility

Max Drawdown

-18.6%

Largest decline past year

52-Week Range

$44-$68

Price range past year

Annual Return

+9.3%

Cumulative gain past year

PeriodEQT ReturnS&P 500
1m-3.1%-4.3%
3m+11.7%-4.0%
6m+6.6%-2.0%
1y+9.3%+22.2%
ytd+11.7%-3.8%

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EQT Fundamental Analysis

Revenue and profitability have shown strong improvement. For Q4 2025, revenue was $2.27 billion, representing a 25.75% year-over-year growth. The net income for the quarter was $677.1 million, yielding a healthy net margin of 29.8%, a significant improvement from the prior-year Q4 margin of 23.1%. The company maintains a conservative financial structure with a debt-to-equity ratio of 0.33, indicating a low reliance on debt financing. Operating cash flow for Q4 2025 was a robust $1.13 billion, and the trailing twelve-month free cash flow stands at $2.85 billion, supporting financial flexibility. Operational efficiency metrics are solid, with a Return on Equity (ROE) of 8.59% and a Return on Assets (ROA) of 5.35% as of the latest data, reflecting effective use of shareholder capital and company assets.

Quarterly Revenue

$2.3B

2025-12

Revenue YoY Growth

+0.25%

YoY Comparison

Gross Margin

+0.45%

Latest Quarter

Free Cash Flow

$2.8B

Last 12 Months

Revenue & Net Income Trends (2 Years)

Revenue Breakdown

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Valuation Analysis: Is EQT Overvalued?

Given the company's positive net income, the primary valuation metric is the Price-to-Earnings (P/E) ratio. The trailing P/E ratio is 16.42, while the forward P/E is 13.65 based on analyst EPS estimates. The Price-to-Sales (P/S) ratio is 3.69, and the Enterprise Value-to-EBITDA (EV/EBITDA) ratio is 7.01. Data for direct peer or industry average comparisons is not available in the provided inputs, so a relative assessment cannot be made. The forward P/E of 13.65 suggests the market is pricing in future earnings growth, which is supported by a very low PEG ratio of 0.026.

PE

16.4x

Latest Quarter

vs. Historical

Low-End

5-Year PE Range -56x~426x

vs. Industry Avg

N/A

Industry PE ~N/A*

EV/EBITDA

7.0x

Enterprise Value Multiple

Investment Risk Disclosure

The primary risk for EQT is its exposure to volatile natural gas prices, which directly drive revenue and profitability. While the company has demonstrated strong operational execution and cost control, a significant downturn in commodity prices could pressure margins and cash flow. The company's low debt level mitigates financial risk, but the high short interest (short ratio 2.57) indicates a segment of the market is betting against the stock, potentially increasing volatility. Furthermore, the stock's strong recent run-up (up ~19% YTD) and proximity to its 52-week high increase its vulnerability to a broader market pullback or profit-taking, despite its positive relative strength. Regulatory and environmental pressures on the fossil fuel industry also pose long-term structural risks.