Expand Energy (NASDAQ:EXE) Price Target Raised to $122.00

Expand Energy (NASDAQ:EXE) had its target price upped by Truist Financial from $120.00 to $122.00 in a research report released on Thursday morning,Benzinga reports. The firm currently has a buy rating on the stock.

EXE has been the subject of a number of other research reports. Raymond James Financial reduced their target price on Expand Energy from $147.00 to $141.00 and set a “strong-buy” rating for the company in a report on Monday, October 5th. Morgan Stanley lowered their price target on Expand Energy from $129.00 to $124.00 and set an “overweight” rating on the stock in a research note on Thursday, October 15th. Mizuho lowered their price target on Expand Energy from $145.00 to $138.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 6th. Weiss Ratings cut Expand Energy from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. Finally, Jefferies Financial Group reduced their price objective on Expand Energy from $143.00 to $136.00 and set a “buy” rating for the company in a research note on Thursday, October 1st. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $123.00.

Expand Energy Stock Up 0.1%

Expand Energy stock opened at $90.55 on Thursday. The firm has a market cap of $20.91 billion, a price-to-earnings ratio of 7.85 and a beta of 0.41. Expand Energy has a 52 week low of $83.25 and a 52 week high of $126.62. The business’s 50-day moving average price is $91.95 and its 200 day moving average price is $96.81. The company has a quick ratio of 0.96, a current ratio of 0.90 and a debt-to-equity ratio of 0.24.

Expand Energy (NASDAQ:EXE) last released its quarterly earnings results on Tuesday, October 27th. The company reported $1.46 EPS for the quarter, beating the consensus estimate of $1.29 by $0.17. The company had revenue of $3.29 billion for the quarter, compared to analyst estimates of $2.85 billion. Expand Energy had a net margin of 19.78% and a return on equity of 10.69%. As a group, sell-side analysts anticipate that Expand Energy will post 8.69 earnings per share for the current year.

Expand Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 12th will be given a $0.5750 dividend. The ex-dividend date of this dividend is Thursday, November 12th. This represents a $2.30 dividend on an annualized basis and a yield of 2.5%. Expand Energy’s dividend payout ratio is presently 19.93%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of EXE. Core Capital Management & Research inc. purchased a new stake in Expand Energy in the 2nd quarter valued at approximately $5,406,000. NewEdge Advisors LLC increased its position in Expand Energy by 336.0% during the 2nd quarter. NewEdge Advisors LLC now owns 35,673 shares of the company’s stock worth $3,253,000 after purchasing an additional 27,492 shares during the period. Nicholas Investment Partners LP acquired a new position in Expand Energy during the 2nd quarter worth approximately $3,739,000. Nykredit A S acquired a new position in Expand Energy during the 2nd quarter worth approximately $2,151,000. Finally, Amundi raised its stake in shares of Expand Energy by 5.7% during the 2nd quarter. Amundi now owns 1,006,632 shares of the company’s stock worth $91,795,000 after buying an additional 54,218 shares in the last quarter. 97.93% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Expand Energy

Here are the key news stories impacting Expand Energy this week:

• Positive Sentiment: Expand Energy exceeded third-quarter earnings expectations as higher production and stronger liquids prices boosted results. The company also benefited from increased marketing activity following the Twin Eagle integration. EXE Q3 Earnings Beat on Higher Output and Strong Liquids Prices
• Positive Sentiment: Management maintained the midpoint of its full-year 2026 production guidance, while hedging covers approximately 67% of expected fourth-quarter 2026 natural-gas production and 55% of 2027 production. These hedges provide some protection if gas prices remain weak. Expand Energy: Hedges And Marketing Income Help Partially Offset Weak Natural Gas Prices
• Positive Sentiment: Truist raised its price target to $122 from $120, while Bernstein increased its target to $139 from $127. These targets indicate analysts continue to see substantial potential upside from current trading levels. Truist Financial price target Bernstein price target
• Neutral Sentiment: Expand Energy is targeting $500 million in marketing EBITDA by 2028, suggesting a potentially important earnings-growth avenue beyond commodity prices. Execution and the pace of Twin Eagle-related benefits remain key uncertainties. EXE Q3 Earnings Call Eyes Marketing Growth Amid Gas Price Weakness
• Negative Sentiment: Weak natural-gas prices prompted the company to curtail some production, and free cash flow declined despite the quarterly earnings beat. UBS, Morgan Stanley and JPMorgan lowered their price targets, reflecting continued commodity-price and valuation concerns, although their respective ratings remain bullish or constructive. Expand Energy curbs some production on weaker natural gas prices

About Expand Energy

Expand Energy Corporation (NASDAQ:EXE) is an independent energy company focused on the exploration, development and production of natural gas, crude oil and natural gas liquids in the United States. The company’s activities include drilling and operating unconventional oil and gas wells, primarily in major shale formations.

Expand Energy was formed through the combination of Chesapeake Energy Corporation and Southwestern Energy Company, a transaction completed in October 2024. Chesapeake’s portfolio included assets in the Marcellus, Haynesville and Eagle Ford shale plays, while Southwestern was also a major operator in the Appalachian and Haynesville regions.