APA Corporation (APA)
NASDAQ: APA · Real-Time Price · USD
23.31
-0.39 (-1.65%)
At close: Oct 29, 2024, 4:00 PM
23.36
+0.05 (0.21%)
After-hours: Oct 29, 2024, 7:27 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 34.71, with a low estimate of 26 and a high estimate of 48. The average target predicts an increase of 48.91% from the current stock price of 23.31.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Hold | 10 | 11 | 11 | 11 | 10 | 10 |
| Sell | 3 | 4 | 4 | 4 | 4 | 4 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 20 | 22 | 23 | 23 | 22 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Buy Maintains $52 → $48 | Buy | Maintains | $52 → $48 | +105.92% | Oct 18, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $29 → $28 | Hold | Maintains | $29 → $28 | +20.12% | Oct 15, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $30 → $27 | Hold | Maintains | $30 → $27 | +15.83% | Oct 10, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $34 → $36 | Strong Buy | Maintains | $34 → $36 | +54.44% | Oct 9, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $30 → $26 | Strong Sell | Maintains | $30 → $26 | +11.54% | Oct 7, 2024 |
Financial Forecast
Revenue This Year
9.12B
from 8.09B
Increased by 12.70%
Revenue Next Year
9.25B
from 9.12B
Increased by 1.44%
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 | 10.0B | 10.6B | 10.3B |
| Avg | 9.1B | 9.3B | 9.2B |
| Low | 8.2B | 8.3B | 8.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 23.4% | 16.5% | 11.4% |
| Avg | 12.7% | 1.4% | -0.4% |
| Low | 1.8% | -9.5% | -9.6% |
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.