
EQT (EQT) Stock Forecast & Price Target
EQT (EQT) Analyst Ratings
Bulls say
EQT is strategically positioned to capitalize on long-term natural gas demand in the Appalachian Basin, with increased well drilling and spud guidance suggesting a potential for maintained or improved production outputs in the coming fiscal years. The company anticipates a substantial free cash flow uplift of approximately $250 million by FY29, stemming from new gas supply contracts and infrastructure developments, further strengthening its financial outlook. Additionally, enhanced well performance in West Virginia, driven by recent investments in compression technology, underscores the effectiveness of EQT's operational strategies and investment decisions.
Bears say
The financial outlook for EQT's stock is negatively impacted by weak global economic activity, which poses a risk of reduced demand for natural gas. Additionally, an increase in the overall supply of natural gas further exacerbates this demand-supply imbalance, potentially leading to lower prices. These factors collectively contribute to a challenging operating environment for the company, particularly in its primary markets in the Appalachian Basin.
This aggregate rating is based on analysts' research of EQT and is not a guaranteed prediction by Public.com or investment advice.
EQT (EQT) Analyst Forecast & Price Prediction
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