Equinor ASA (NYSE:EQNR) Price Target Raised to $40.00

Equinor ASA (NYSE:EQNR) had its target price lifted by investment analysts at TD Cowen from $38.00 to $40.00 in a research report issued on Thursday. The firm currently has a “hold” rating on the stock. TD Cowen’s target price would indicate a potential upside of 5.18% from the stock’s previous close.

EQNR has been the topic of several other reports. Bank of America downgraded Equinor ASA from a “buy” rating to a “neutral” rating in a report on Thursday, February 5th. UBS Group raised Equinor ASA from a “sell” rating to a “neutral” rating in a research report on Friday, March 20th. DZ Bank upgraded Equinor ASA from a “strong sell” rating to a “hold” rating in a research note on Friday, March 20th. Morgan Stanley upgraded shares of Equinor ASA from an “underweight” rating to an “equal weight” rating and set a $40.40 price target on the stock in a report on Tuesday, March 24th. Finally, Jefferies Financial Group initiated coverage on Equinor ASA in a research report on Thursday, January 8th. They set a “hold” rating for the company. One analyst has rated the stock with a Strong Buy rating, twelve have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Equinor ASA has an average rating of “Reduce” and a consensus price target of $35.61.

Equinor ASA Trading Down 8.1%

EQNR stock opened at $38.03 on Thursday. Equinor ASA has a twelve month low of $22.26 and a twelve month high of $43.46. The stock has a market capitalization of $111.99 billion, a price-to-earnings ratio of 20.02, a price-to-earnings-growth ratio of 1.43 and a beta of 0.07. The company has a quick ratio of 1.16, a current ratio of 1.27 and a debt-to-equity ratio of 0.64. The firm’s fifty day simple moving average is $37.26 and its two-hundred day simple moving average is $29.01.

Equinor ASA (NYSE:EQNR) last released its quarterly earnings results on Wednesday, May 6th. The company reported $1.48 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.47. The firm had revenue of $28.40 billion during the quarter, compared to analysts’ expectations of $28.73 billion. Equinor ASA had a net margin of 4.74% and a return on equity of 15.23%. As a group, analysts anticipate that Equinor ASA will post 4.73 earnings per share for the current year.

Hedge Funds Weigh In On Equinor ASA

Large investors have recently added to or reduced their stakes in the company. Mirabella Financial Services LLP bought a new position in shares of Equinor ASA during the 3rd quarter worth approximately $7,314,000. JPMorgan Chase & Co. raised its stake in Equinor ASA by 1,437.7% in the third quarter. JPMorgan Chase & Co. now owns 2,286,328 shares of the company’s stock valued at $55,741,000 after buying an additional 2,137,642 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new stake in Equinor ASA in the 3rd quarter worth approximately $21,366,000. Fisher Asset Management LLC grew its position in Equinor ASA by 2.2% during the 3rd quarter. Fisher Asset Management LLC now owns 1,827,302 shares of the company’s stock worth $44,550,000 after purchasing an additional 39,524 shares during the last quarter. Finally, ABC Arbitrage SA increased its stake in Equinor ASA by 100.8% during the 3rd quarter. ABC Arbitrage SA now owns 515,544 shares of the company’s stock valued at $12,569,000 after purchasing an additional 258,767 shares in the last quarter. 5.51% of the stock is currently owned by institutional investors.

Trending Headlines about Equinor ASA

Here are the key news stories impacting Equinor ASA this week:

• Positive Sentiment: Q1 profit and EPS beat expectations; operating profit and net income rose (adjusted EPS reported above consensus), underpinned by higher production and a March price surge tied to the Iran war. Article Title
• Positive Sentiment: Equinor will start the second tranche of its 2026 share‑buyback program (up to roughly $375M), a direct shareholder return that typically supports the stock. Article Title
• Positive Sentiment: Board approved a cash dividend of $0.39 for Q1, reinforcing shareholder returns alongside the buyback. Article Title
• Positive Sentiment: Near‑term demand: elevated interest from Asia‑Pacific buyers for Norwegian petroleum and LNG after disruptions in Gulf exports — a bullish demand signal for Equinor’s exports. Article Title
• Neutral Sentiment: Equinor warns Europe is unlikely to hit an 80% pre‑winter gas storage target — this can keep gas prices elevated (beneficial to producers) but also increases supply‑security concerns and volatility. Article Title
• Negative Sentiment: Revenue slightly missed Street estimates and some line items weakened: revenue down year‑over‑year and cash from operations fell materially (reported operating cash decline and lower cash balances), which raises short‑term liquidity and free‑cash‑flow questions for investors. Article Title Article Title
• Negative Sentiment: Institutional selling noted in recent filings (several large funds materially trimmed positions), which could add selling pressure despite buybacks. Article Title

Equinor ASA Company Profile

Equinor ASA (NYSE: EQNR) is a Norway-based integrated energy company headquartered in Stavanger. Historically established as Statoil in the 1970s to develop Norway’s petroleum resources, the company changed its name to Equinor in 2018 to reflect a strategic shift toward a broader energy portfolio. Equinor’s operations span the full upstream value chain, including exploration, development and production of oil and natural gas, alongside trading and marketing activities that support its global commercial operations.

In recent years Equinor has pursued a transition strategy that combines continued development of conventional oil and gas resources with growing investments in low‑carbon energy.