EQT Corp's stock rose by 3.01% and reached a 20-day high amid a broader market decline, with the Nasdaq-100 down 0.20% and the S&P 500 down 0.17%.
The company is benefiting from a forecast by Wood Mackenzie that U.S. natural gas demand will increase by 22 billion cubic feet per day by 2030, driven by strong demand from AI data centers. Additionally, EQT's low production cost of $2 per MMBtu provides a competitive advantage, allowing it to generate substantial free cash flow, with $2.3 billion accumulated over the past year. This financial strength positions EQT well for future growth as it expands its pipeline projects and LNG export agreements.
EQT's strategic advantages and robust financial health suggest that the company is well-prepared to capitalize on the anticipated demand surge in the natural gas market, enhancing its market position and shareholder value.
Wall Street analysts forecast EQT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EQT is 65.18 USD with a low forecast of 50.00 USD and a high forecast of 76.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
19 Analyst Rating
Wall Street analysts forecast EQT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EQT is 65.18 USD with a low forecast of 50.00 USD and a high forecast of 76.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Buy
6 Hold
0 Sell
Moderate Buy
Current: 55.960
Low
50.00
Averages
65.18
High
76.00
Current: 55.960
Low
50.00
Averages
65.18
High
76.00
Stephens
Mike Scialla
Overweight
downgrade
$69 -> $68
2026-01-22
Reason
Stephens
Mike Scialla
Price Target
$69 -> $68
AI Analysis
2026-01-22
downgrade
Overweight
Reason
Stephens analyst Mike Scialla lowered the firm's price target on EQT Corporation to $68 from $69 and keeps an Overweight rating on the shares. The firm's Q4 cash flow per share and production estimates are 5% and 1% below consensus, respectively, notes the analyst, who looks for the stock to maintain its premium valuation to its natural gas peer group given the company's integrated assets and low-cost structure.
Barclays
Overweight
downgrade
$67 -> $64
2026-01-21
Reason
Barclays
Price Target
$67 -> $64
2026-01-21
downgrade
Overweight
Reason
Barclays lowered the firm's price target on EQT Corporation to $64 from $67 and keeps an Overweight rating on the shares. The firm adjusted ratings and targets in the exploration and production group as part of a Q4 preview. The upstream sector's cash return model "remains resilient" amid macro volatility, the analyst tells investors in a research note. Barclays see attractive opportunities in U.S. onshore. It tells investors to "tread carefully" through the near-term commodity uncertainty.
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Scotiabank
Cameron Bean
Sector Perform
downgrade
$67 -> $63
2026-01-21
Reason
Scotiabank
Cameron Bean
Price Target
$67 -> $63
2026-01-21
downgrade
Sector Perform
Reason
Scotiabank analyst Cameron Bean lowered the firm's price target on EQT Corporation to $63 from $67 and keeps a Sector Perform rating on the shares. The firm is updating its price targets for North American Natural Gas stocks under its coverage, the analyst tells investors. Scotiabank's forecasts continue to show supply deficits in U.S. and Western Canada, leading the firm to believe natural gas commodity and equity prices will increase over the next year.
Jefferies
Lloyd Byrne
maintain
$68 -> $71
2026-01-18
Reason
Jefferies
Lloyd Byrne
Price Target
$68 -> $71
2026-01-18
maintain
Reason
Jefferies analyst Lloyd Byrne raised the firm's price target on EQT Corporation to $71 from $68 and keeps a Buy rating on the shares as part of a Q4 preview. The firm expects to report Q4 EBITA near the high end of guidance. It marked to market EQT's model for the latest oil prices.
About EQT
EQT Corporation is a premier, vertically integrated American natural gas company with production and midstream operations focused on the Appalachian Basin. It has operations in Pennsylvania, West Virginia and Ohio. It owns or leases approximately 610,000 net acres in Pennsylvania. Most of the acreage is located in the southwestern region of the state, with the majority located in Greene and Washington Counties. It is developing the Marcellus Shale and Upper Devonian Shale in this area. It also owns or leases 405,000 net acres in West Virginia. Most of the acreage is located in the northwestern region of the state, with the majority located in Doddridge, Marion, Tyler and Wetzel Counties. It owns or leases 65,000 net acres in eastern Ohio and is developing the Utica Shale in Belmont County. It operates Utica wells throughout its Ohio acreage. The Marcellus Shale lies nearly a mile or more beneath the surface throughout much of Ohio, Pennsylvania, New York and West Virginia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
