JPMorgan Chase & Co. Issues Positive Forecast for APA (NASDAQ:APA) Stock Price

APA (NASDAQ:APA) had its price target raised by JPMorgan Chase & Co. from $38.00 to $41.00 in a report published on Friday,MarketScreener reports.

A number of other analysts also recently issued reports on the stock. Evercore lifted their price target on shares of APA from $25.00 to $40.00 and gave the company a “neutral” rating in a report on Tuesday, March 24th. Susquehanna lifted their price target on shares of APA from $37.00 to $47.00 and gave the company a “positive” rating in a report on Tuesday, April 21st. Scotiabank lifted their price objective on shares of APA from $26.00 to $36.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 22nd. Piper Sandler lifted their price objective on shares of APA from $30.00 to $37.00 and gave the stock a “neutral” rating in a research note on Thursday, March 12th. Finally, Wolfe Research lifted their price objective on shares of APA from $45.00 to $47.00 and gave the stock an “outperform” rating in a research note on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nineteen have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat, APA presently has a consensus rating of “Hold” and an average target price of $39.73.

APA Stock Performance

Shares of NASDAQ APA opened at $35.56 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.82 and a current ratio of 0.92. The company has a market cap of $12.57 billion, a P/E ratio of 8.29 and a beta of 0.38. The firm’s fifty day moving average is $37.36 and its two-hundred day moving average is $29.49. APA has a 52-week low of $16.15 and a 52-week high of $45.66.

APA (NASDAQ:APA) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $1.38 earnings per share (EPS) for the quarter, beating 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%. APA’s revenue for the quarter was down 11.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.06 EPS. As a group, analysts anticipate that APA will post 5.14 EPS for the current fiscal year.

Insider Activity at APA

In related news, Director Matthew Regis Bob sold 23,000 shares of APA stock in a transaction dated 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 transaction, the director directly owned 6,634 shares of the company’s stock, valued at approximately $240,349.82. The trade was a 77.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.73% of the company’s stock.

Hedge Funds Weigh In On APA

A number of large investors have recently made changes to their positions in APA. Hollencrest Capital Management boosted its stake in shares of APA by 520.8% during the 1st quarter. Hollencrest Capital Management now owns 596 shares of the company’s stock worth $25,000 after purchasing an additional 500 shares during the period. Cedar Mountain Advisors LLC purchased a new position in shares of APA during the 1st quarter worth about $28,000. Deseret Mutual Benefit Administrators boosted its stake in shares of APA by 276.7% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 1,213 shares of the company’s stock worth $29,000 after purchasing an additional 891 shares during the period. Summit Securities Group LLC boosted its stake in shares of APA by 115.1% during the 4th quarter. Summit Securities Group LLC now owns 1,327 shares of the company’s stock worth $32,000 after purchasing an additional 710 shares during the period. Finally, Atlantic Union Bankshares Corp purchased a new position in shares of APA during the 3rd quarter worth about $34,000. 83.01% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting APA

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

About APA

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.