Should You Buy EQT Corp (EQT) Today? Analysis, Price Targets, and 2026 Outlook.
Conclusion
Buy
Latest Price
56.330
1 Day change
0.66%
52 Week Range
62.230
Analysis Updated At
2026/01/28
Buy EQT now for a beginner, long-term investor. The technicals are turning bullish (positive/expanding MACD) and options positioning is call-skewed (put/call ratios well below 1), while the news flow supports a multi-year demand tailwind for U.S. natural gas (data centers/power demand). Near-term, the next major catalyst is earnings (Feb 17 after-hours), but given your preference to act now (not wait for an “ideal” entry), the current ~$55.7 level is a reasonable long-term entry with upside implied by Street targets mostly in the mid-$60s to $70s.
Technical Analysis
Price/Trend: EQT is in a strengthening up-move after the recent gas-price-driven rally.
- MACD: Histogram is positive (0.612) and expanding → bullish momentum building.
- RSI(6): 64.7 → bullish/near-upper-neutral, not yet an overbought extreme.
- Moving averages: Converging → often precedes a larger directional move; with MACD positive, tilt is upward.
- Key levels: Pivot 53.19 is the main near-term support; price (~55.74 post-market) is just below R1 56.11 (near resistance). A clean move above ~56.1 improves odds of a push toward R2 ~57.91.
**Intellectia Proprietary Trading Signals**
- [AI Stock Picker](module://ai_stock_pick): No signal on given stock today.
- [SwingMax](module://swingmax): Entry signal triggered on 2026-01-21; price is up ~2.28% since. This is still close enough to the entry to treat the setup as valid (momentum hasn’t meaningfully reversed).
Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
Sentiment: Bullish/call-skewed.
- Put/Call (Open Interest) 0.61 and Put/Call (Volume) 0.42 → more call positioning and call activity than puts (risk-on bias).
- IV (30d) ~35.15 vs HV ~36.03; IV percentile ~39 and IV rank ~20 → options are not unusually expensive; fear is not elevated.
- Today’s volume is ~52.5% of 30-day average → no “panic” participation; sentiment is constructive rather than euphoric.
Technical Summary
Sell
4
Buy
10
Positive Catalysts
- EQT positioned as a low-cost producer with integrated assets and contracting capability (supports durability through cycles).
Neutral/Negative Catalysts
- Recent quarter profitability was weak YoY (net income and EPS down sharply), showing earnings can be volatile even when revenue rises.
- Analyst commentary flags longer-dated supply risk (e.g., oversupply concerns into 2027), which could pressure long-term gas pricing.
- Near-term resistance overhead around ~56.1; a rejection there could pull price back toward the pivot support (~53.2) before resuming higher.
Financial Performance
Latest reported quarter: 2025/Q3.
- Revenue: $1.822B, +49.78% YoY (strong top-line growth).
- Gross margin: 36.15, up sharply YoY (improving unit economics/realizations or cost structure).
- Net income: $335.9M, down -211.65% YoY; EPS: $0.53, down -198.15% YoY (profitability was notably weaker despite higher revenue, highlighting commodity/hedging/one-time impacts and earnings volatility).
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Trend (recent): Ratings remain broadly positive (Buy/Overweight/Outperform) but price targets have been mixed-to-lower recently (several small cuts in January, one raise from Jefferies).
- Recent target changes: Stephens $68 (down), Barclays $64 (down), Scotiabank $63 (down), BofA $74 (down), Citi $62 (down), Jefferies $71 (up), UBS $76 (up), Bernstein $73 (up), Mizuho $68 (up).
Wall Street pros vs cons:
- Pros: Low-cost/integrated asset base, positioned to benefit from rising U.S. gas demand; many firms keep Buy/Overweight despite trimming targets.
- Cons: Targets were trimmed by multiple banks due to commodity uncertainty and longer-dated oversupply risk; near-term estimates (cash flow/production) flagged as slightly below consensus by at least one firm.
Trading by influential groups:
- Hedge funds: Neutral (no significant trend last quarter).
- Insiders: Neutral (no significant trend last month).
- Congress: No recent congress trading data available.
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 USD and a high forecast of 76 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 USD and a high forecast of 76 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
Averages
65.18
High
76
Current: 55.960
Low
50
Averages
65.18
High
76
Stephens
Mike Scialla
Overweight
downgrade
$69 -> $68
AI Analysis
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.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for EQT
