APA Corporation (APA)
NASDAQ: APA · Real-Time Price · USD
23.15
-1.42 (-5.78%)
At close: Sep 26, 2024, 4:00 PM
23.20
+0.05 (0.22%)
After-hours: Sep 26, 2024, 6:27 PM EDT
APA Corporation Stock Forecast
Stock Price Forecast
The 21 analysts with 12-month price forecasts for APA Corporation stock have an average target of 36.43, with a low estimate of 27 and a high estimate of 52. The average target predicts an increase of 57.37% from the current stock price of 23.15.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for APA stock from 22 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 4 | 4 | 4 |
| Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Hold | 10 | 10 | 11 | 11 | 11 | 10 |
| Sell | 3 | 3 | 4 | 4 | 4 | 4 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 21 | 20 | 22 | 23 | 23 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $35 → $29 | Hold | Maintains | $35 → $29 | +25.27% | Sep 18, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $41 | Hold | Reiterates | $41 | +77.11% | Sep 17, 2024 |
| Mizuho | Mizuho | Sell Maintains $35 → $28 | Sell | Maintains | $35 → $28 | +20.95% | Sep 16, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $36 → $27 | Hold | Maintains | $36 → $27 | +16.63% | Sep 12, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $39 | Hold | Maintains | $39 | +68.47% | Sep 12, 2024 |
Financial Forecast
Revenue This Year
9.11B
from 8.09B
Increased by 12.60%
Revenue Next Year
9.53B
from 9.11B
Increased by 4.60%
EPS This Year
4.42
from 9.25
Decreased by -52.25%
EPS Next Year
4.66
from 4.42
Increased by 5.54%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.2B | 11.4B | 10.7B |
| Avg | 9.1B | 9.5B | 9.5B |
| Low | 8.2B | 8.3B | 8.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 25.8% | 25.3% | 11.9% |
| Avg | 12.6% | 4.6% | -0.5% |
| Low | 1.8% | -9.4% | -9.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.52 | 7.04 | 6.58 | ||
| Avg | 4.42 | 4.66 | 4.36 | ||
| Low | 3.02 | 1.74 | 1.57 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -40.3% | 59.3% | 41.1% | ||
| Avg | -52.3% | 5.5% | -6.5% | ||
| Low | -67.4% | -60.5% | -66.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.