EQNR's stock price has shown recent bullish momentum, crossing above its 200-day moving average, which is a positive signal. The stock is currently trading at $25.20, within its 52-week range of $21.85 to $29.32. This crossover indicates potential strength in the stock's price trend.

Valuation Analysis:

EQNR's valuation metrics show a moderate valuation compared to industry peers. The stock's price-to-earnings ratio and other valuation metrics are in line with sector averages, suggesting it is fairly valued at current levels.

Analyst Sentiment:

Analysts have a Moderate Buy consensus rating for EQNR, with an average price target of NOK320.38. This indicates cautious optimism about the stock's potential.

Financial Performance:

EQNR reported a quarterly revenue of NOK25.42 billion and a net profit of NOK2.28 billion, showing a slight decline from the previous year. This could indicate challenges in maintaining growth momentum.

Energy Transition and ESG Factors:

EQNR has adjusted its energy transition targets, scaling back its renewable investments and emission goals. While this may impact its long-term sustainability efforts, the company maintains its commitment to net-zero emissions by 2050.

Market Trends:

The energy sector has been performing well, with midstream companies like EQNR benefiting from increased demand and strategic investments. However, the broader market is overvalued, which could pose risks.

Conclusion:

Given the technical strength, moderate valuation, and analyst optimism, EQNR stock presents a buying opportunity. However, consider the broader market risks and the company's adjusted transition targets before making a decision.

What is price prediction 2025 for EQNR Stock?

The price prediction for EQNR stock in 2025 is $28. This forecast is based on analyst consensus and the company's share buyback program.

What is surpport and resistant level for EQNR Stock?

The S1 support level for EQNR Stock is $25.14 ,The R1 resistant level for EQNR Stock is $26.72.

What is the current price of EQNR Stock?

As of the end of day on 2025-04-01, the price of EQNR Stock was $26.98.

What is the target price of EQNR Stock?

The target price for EQNR Stock according to analyst rating is 29.08, with the highest price target at 30.34 and the lowest at 28.20. Analysts have a Moderate Buy rating on EQNR Stock overall.

What is the market cap of Equinor ASA?

The market cap of EQNR is $75.2B.

Is Equinor ASA (EQNR) overvalued?

Analysis and Insights

To determine if Equinor ASA (EQNR) is overvalued, we analyze its valuation metrics, financial performance, and market sentiment.

Valuation Metrics:

P/E Ratio: EQNR's P/E ratio ranges from 7.61 to 8.32, which is lower than the industry average, indicating undervaluation.
EV/EBITDA: The ratio is 1.53 to 1.58, below the industry average, suggesting the stock is undervalued.
P/S Ratio: At 0.65 to 0.83, it is lower than peers, indicating undervaluation relative to revenue.
P/B Ratio: 1.31 to 1.57, moderate and in line with industry standards.
Dividend Yield: 7.53% to 12.84%, attractive and higher than many peers.

Financial Performance:

Revenue: Steady increase, showing strong operational performance.
Net Income: Stable with minor fluctuations, reflecting consistent profitability.
ROE: 17.89% to 20.23%, indicating efficient use of equity.
Net Margin: 7.53% to 10.65%, decent but with room for improvement.
Current Ratio: 1.88 to 2.57, indicating good liquidity.
Debt/Equity: 57.73% to 71.01%, manageable but warrants monitoring.

Technical Analysis:

RSI: 68.16 to 84.94, nearing overbought territory but not crossed.
MACD: Positive, indicating a bullish trend.
Moving Averages: Trading above 20, 50, and 200-day MA, strong bullish signal.
Bollinger Bands: Near upper band, suggesting potential overbought conditions.

Market Sentiment:

Fear & Greed Index: Extreme Fear, presenting a buying opportunity.
VIX: Moderate volatility, stable market sentiment.

Analyst Consensus:

Moderate Buy rating with an average price target of NOK320.38, indicating upside potential.

Conclusion:

While some metrics like high dividend yield and low EV/EBITDA suggest undervaluation, the RSI and Bollinger Bands hint at short-term overvaluation. However, overall analysis suggests EQNR is undervalued with growth potential, supported by bullish technical indicators and analyst consensus.

What is Equinor ASA (EQNR)'s business?

Equinor ASA, formerly Statoil ASA is a Norway-based international energy company. The Company’s purpose is to turn natural resources into energy. Equinor sells crude oil and delivers natural gas to the European market. It is also engaged in processing, refining, offshore wind and carbon capture and storage activities. Equinor ASA has five reporting segments: Exploration & Production Norway (E&P Norway), Exploration & Production International (E&P International), Exploration & Production USA (E&P USA), Marketing, Midstream & Processing (MMP) and Renewables (REN). The Company has several subsidiaries such as Equinor Nigeria Energy Company Ltd, Equinor Wind Power AS, Equinor International Netherlands BV and Equinor Brasil Energia Ltda.

What is price prediction 2030 for EQNR Stock?

Equinor (EQNR) stock is projected to reach $35 per share by 2030. This forecast is based on the company's plans to increase oil and gas production by over 10% from 2024 to 2027, its $5 billion share buyback program, and expectations of stable oil prices.