APA Corporation (APA)
NASDAQ: APA · Real-Time Price · USD
22.13
+0.21 (0.96%)
At close: Nov 20, 2024, 4:00 PM
22.15
+0.02 (0.09%)
After-hours: Nov 20, 2024, 7:59 PM EST

APA Corporation Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for APA Corporation stock have an average target of 32.84, with a low estimate of 25 and a high estimate of 48. The average target predicts an increase of 48.40% from the current stock price of 22.13.

Analyst Consensus: Hold
Target Low Average Median High
Price $25 $32.84 $31 $48
Change +12.97% +48.40% +40.08% +116.90%

Analyst Ratings

The average analyst rating for APA stock from 20 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 444443
Buy 233333
Hold 111111101010
Sell 444443
Strong Sell 111111
Total 222323222220

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Hold
Maintains
$29$28
Hold Maintains $29$28 +26.53% Nov 18, 2024
Piper Sandler
Piper Sandler
Hold
Maintains
$28$26
Hold Maintains $28$26 +17.49% Nov 18, 2024
JP Morgan
JP Morgan
Hold
Maintains
$29$25
Hold Maintains $29$25 +12.97% Nov 13, 2024
RBC Capital
RBC Capital
Hold
Maintains
$34$32
Hold Maintains $34$32 +44.60% Nov 11, 2024
Barclays
Barclays
Hold
Maintains
$30$27
Hold Maintains $30$27 +22.01% Nov 8, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
8.94B
from 8.09B
Increased by 10.49%
Revenue Next Year
8.80B
from 8.94B
Decreased by -1.61%
EPS This Year
3.90
from 9.25
Decreased by -57.79%
EPS Next Year
3.15
from 3.90
Decreased by -19.39%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
6.35B4.39B8.03B10.96B8.09B8.94B8.80B9.04B
Revenue Growth
-15.90%-30.86%82.68%36.57%-26.16%10.49%-1.61%2.78%
EPS
-9.43-12.862.5911.029.253.903.153.40
EPS Growth
---325.48%-16.06%-57.79%-19.39%8.01%
Forward PE
-----5.677.036.51
No. Analysts -----313019
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 10.0B 10.1B 10.8B
Avg 8.9B 8.8B 9.0B
Low 8.1B 7.9B 7.8B

Revenue Growth

Revenue Growth 202420252026
High
23.4%
13.4%
22.4%
Avg
10.5%
-1.6%
2.8%
Low
0.4%
-11.7%
-11.2%

EPS Forecast

EPS 20242025202620272028
High 4.67 5.35 5.66
Avg 3.90 3.15 3.40
Low 2.55 -1.26 1.31

EPS Growth

EPS Growth 20242025202620272028
High
-49.5%
37.1%
79.8%
Avg
-57.8%
-19.4%
8.0%
Low
-72.5%
-
-58.3%
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.