APA Corporation (APA)
NASDAQ: APA · IEX Real-Time Price · USD
31.99
-0.07 (-0.22%)
Apr 24, 2024, 1:45 PM EDT - Market open
APA Corporation Stock Forecast
Stock Price Forecast
The 21 analysts with 12-month price forecasts for APA Corporation stock have an average target of 42.24, with a low estimate of 28 and a high estimate of 57. The average target predicts an increase of 32.04% from the current stock price of 31.99.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for APA stock from 21 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
---|---|---|---|---|---|---|
Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
Buy | 3 | 3 | 2 | 2 | 2 | 2 |
Hold | 8 | 8 | 10 | 10 | 10 | 10 |
Sell | 1 | 1 | 1 | 1 | 2 | 3 |
Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Total | 18 | 18 | 19 | 19 | 20 | 21 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Wells Fargo | Wells Fargo | Buy Initiates $55 | Buy | Initiates | $55 | +71.93% | Apr 24, 2024 |
Susquehanna | Susquehanna | Buy Maintains $50 → $54 | Buy | Maintains | $50 → $54 | +68.80% | Apr 22, 2024 |
Piper Sandler | Piper Sandler | Hold Maintains $33 → $35 | Hold | Maintains | $33 → $35 | +9.41% | Apr 19, 2024 |
Morgan Stanley | Morgan Stanley | Sell Initiates $28 | Sell | Initiates | $28 | -12.47% | Apr 15, 2024 |
JP Morgan | JP Morgan | Hold Maintains $38 → $40 | Hold | Maintains | $38 → $40 | +25.04% | Apr 11, 2024 |
Financial Forecast
Revenue This Year
8.94B
from 8.19B
Increased by 9.16%
Revenue Next Year
9.87B
from 8.94B
Increased by 10.36%
EPS This Year
4.34
from 9.25
Decreased by -53.10%
EPS Next Year
5.24
from 4.34
Increased by 20.77%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 9.8B | 10.6B | 10.8B |
Avg | 8.9B | 9.9B | 10.1B |
Low | 8.4B | 9.2B | 9.5B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 19.4% | 18.9% | 9.1% |
Avg | 9.2% | 10.4% | 2.2% |
Low | 3.0% | 2.3% | -3.6% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 7.05 | 7.71 | 7.32 | 4.62 | 4.73 |
Avg | 4.34 | 5.24 | 4.60 | 4.44 | 4.55 |
Low | 2.14 | 2.33 | 2.26 | 4.31 | 4.41 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -23.8% | 77.6% | 39.7% | 0.4% | 6.3% |
Avg | -53.1% | 20.8% | -12.2% | -3.5% | 2.3% |
Low | -76.9% | -46.2% | -56.8% | -6.3% | -0.8% |
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.