Zacks Research Forecasts APA’s Q3 Earnings (NASDAQ:APA)

APA Corporation (NASDAQ:APA) – Research analysts at Zacks Research boosted their Q3 2026 EPS estimates for shares of APA in a research report issued on Thursday, August 20th. Zacks Research analyst Team now expects that the company will earn $0.63 per share for the quarter, up from their previous forecast of $0.54. Zacks Research has a “Hold” rating on the stock. The consensus estimate for APA’s current full-year earnings is $5.54 per share. Zacks Research also issued estimates for APA’s Q4 2026 earnings at $0.50 EPS, Q2 2027 earnings at $0.77 EPS and Q2 2028 earnings at $0.82 EPS.

Other research analysts have also recently issued research reports about the stock. BMO Capital Markets dropped their price target on shares of APA from $47.00 to $45.00 and set a “market perform” rating on the stock in a research note on Wednesday, May 13th. Wells Fargo & Company boosted their price objective on APA from $39.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, August 13th. Stephens upped their target price on shares of APA from $43.00 to $47.00 in a report on Wednesday, June 10th. Roth Capital set a $39.00 target price on APA in a research note on Thursday, August 6th. Finally, Truist Financial increased their price objective on shares of APA from $38.00 to $39.00 and gave the company a “hold” rating in a report on Monday, August 10th. Ten analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $41.50.

APA Stock Performance

NASDAQ:APA opened at $41.35 on Monday. The company has a fifty day moving average of $36.28 and a 200-day moving average of $36.08. APA has a twelve month low of $21.57 and a twelve month high of $45.66. The firm has a market capitalization of $14.49 billion, a P/E ratio of 8.74, a P/E/G ratio of 0.78 and a beta of 0.35. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.47.

APA (NASDAQ:APA) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $1.89 earnings per share for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.01). APA had a return on equity of 24.84% and a net margin of 19.48%.The company had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.46 billion. During the same period in the prior year, the company posted $0.87 EPS.

Institutional Investors Weigh In On APA

Several institutional investors have recently bought and sold shares of APA. Hollencrest Capital Management increased its stake in APA by 520.8% during the 1st quarter. Hollencrest Capital Management now owns 596 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares in the last quarter. Cedar Mountain Advisors LLC acquired a new stake in shares of APA during the first quarter worth $28,000. Summit Securities Group LLC lifted its stake in shares of APA by 115.1% during the fourth quarter. Summit Securities Group LLC now owns 1,327 shares of the company’s stock worth $32,000 after buying an additional 710 shares during the period. MidFirst Bank purchased a new stake in shares of APA during the second quarter valued at $33,000. Finally, Compass Financial Management LLC acquired a new position in shares of APA in the 2nd quarter valued at $33,000. 83.01% of the stock is currently owned by institutional investors and hedge funds.

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.