Mizuho Forecasts Strong Price Appreciation for APA (NASDAQ:APA) Stock

APA (NASDAQ:APA) had its price objective hoisted by equities researchers at Mizuho from $29.00 to $32.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has an “underperform” rating on the stock. Mizuho’s target price points to a potential downside of 10.01% from the stock’s current price.

Several other analysts also recently weighed in on APA. Benchmark lifted their price objective on shares of APA from $33.00 to $40.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Zacks Research upgraded shares of APA from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Citigroup cut their price objective on shares of APA from $45.00 to $40.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. Piper Sandler lifted their price objective on shares of APA from $30.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, March 12th. Finally, Barclays raised shares of APA from an “underweight” rating to an “equal weight” rating and set a $35.00 target price on the stock in a research note on Monday, March 23rd. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nineteen have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $39.62.

APA Trading Down 1.9%

APA stock opened at $35.56 on Thursday. The firm’s 50-day moving average is $37.36 and its 200-day moving average is $29.49. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.82 and a current ratio of 0.92. APA has a 1 year low of $16.15 and a 1 year high of $45.66. The company has a market cap of $12.57 billion, a P/E ratio of 8.29 and a beta of 0.38.

APA (NASDAQ:APA) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.27. The company had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.13 billion. APA had a net margin of 17.38% and a return on equity of 20.70%. The company’s revenue for the quarter was down 11.7% on a year-over-year basis. During the same period last year, the firm posted $1.06 EPS. On average, equities analysts expect that APA will post 5.14 earnings per share for the current year.

Insider Transactions at APA

In related news, Director Matthew Regis Bob sold 23,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $36.23, for a total transaction of $833,290.00. Following the completion of the sale, the director directly owned 6,634 shares in the company, valued at approximately $240,349.82. This trade represents a 77.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.73% of the company’s stock.

Institutional Trading of APA

Several institutional investors have recently made changes to their positions in APA. Rockefeller Capital Management L.P. lifted its stake in APA by 0.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 106,667 shares of the company’s stock valued at $2,609,000 after acquiring an additional 375 shares during the last quarter. Coldstream Capital Management Inc. lifted its stake in shares of APA by 1.4% in the fourth quarter. Coldstream Capital Management Inc. now owns 28,171 shares of the company’s stock worth $689,000 after buying an additional 396 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its stake in shares of APA by 3.2% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 14,648 shares of the company’s stock worth $358,000 after buying an additional 461 shares during the last quarter. Howard Capital Management Inc. lifted its stake in shares of APA by 0.5% in the third quarter. Howard Capital Management Inc. now owns 94,848 shares of the company’s stock worth $2,303,000 after buying an additional 485 shares during the last quarter. Finally, one8zero8 LLC lifted its stake in shares of APA by 1.2% in the third quarter. one8zero8 LLC now owns 42,254 shares of the company’s stock worth $1,026,000 after buying an additional 488 shares during the last quarter. 83.01% of the stock is currently owned by institutional investors and hedge funds.

Key APA News

Here are the key news stories impacting APA this week:

• Positive Sentiment: APA posted Q1 earnings of $1.38 per share on revenue of $2.33 billion, topping Wall Street expectations and signaling solid near-term execution. APA (APA) Surpasses Q1 Earnings and Revenue Estimates
• Positive Sentiment: One research note highlighted APA as a long-term growth stock, and Mizuho also raised its price target to $32, suggesting some analysts still see value despite the cautionary rating. Why APA (APA) Is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Seeking Alpha noted APA was a top contributor for Ariel Focus Fund in Q1, which may reinforce investor interest in the stock’s longer-term fundamental story. Ariel Focus Fund Q1 2026 Performers And Detractors
• Negative Sentiment: Investors are still focused on weaker oil prices and APA’s Permian gas curtailments, which pressured sentiment after the earnings report and raised concerns about near-term production mix and realized pricing. APA slides as oil prices fall and investors digest Q1 details, including Permian gas curtailments
• Negative Sentiment: Several recent analyst reports remain cautious, including Mizuho’s underperform rating and other sell-side downgrades, which can cap upside even after the earnings beat. Mizuho Issues Positive Forecast for APA (NASDAQ:APA) Stock Price

APA Company Profile

APA Corporation (NASDAQ: APA) is an independent exploration and production company engaged in the acquisition, development and production of oil and natural gas resources. The company operates through three core regions: the United States, Egypt and the North Sea. Through its integrated approach, APA combines geological and geophysical expertise with technical innovation to identify and develop hydrocarbons in both onshore and offshore settings.

In the United States, APA’s largest position is in the Permian Basin of West Texas and southeastern New Mexico, where it holds substantial acreage dedicated to oil-focused drilling and production.