JPMorgan Chase & Co. Forecasts Strong Price Appreciation for APA (NASDAQ:APA) Stock

09 May 2026, 09:42 by Amy Steele · The Cerbat Gem

APA (NASDAQ:APA – Get Free Report) had its target price boosted by analysts at JPMorgan Chase & Co. from $38.00 to $41.00 in a research report issued to clients and investors on Friday,MarketScreener reports. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 15.30% from the stock’s current price.

Other research analysts have also recently issued reports about the stock. Raymond James Financial raised their target price on shares of APA from $31.00 to $45.00 and gave the stock an “outperform” rating in a report on Wednesday, March 25th. Scotiabank lifted their price objective on APA from $26.00 to $36.00 and gave the company a “sector perform” rating in a report on Wednesday, April 22nd. Capital One Financial reduced their target price on APA from $51.00 to $50.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. UBS Group boosted their price target on APA from $44.00 to $45.00 and gave the company a “neutral” rating in a research note on Friday, April 17th. Finally, Mizuho upped their price objective on shares of APA from $29.00 to $32.00 and gave the stock an “underperform” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nineteen have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $39.73.

View Our Latest Research Report on APA

APA Stock Down 1.9%

APA stock opened at $35.56 on Friday. APA has a fifty-two week low of $16.15 and a fifty-two week high of $45.66. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.92 and a quick ratio of 0.82. The stock has a market capitalization of $12.57 billion, a price-to-earnings ratio of 8.29 and a beta of 0.38. The business’s fifty day moving average price is $37.36 and its two-hundred day moving average price is $29.49.

APA (NASDAQ:APA – Get Free Report) last announced its 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. APA had a net margin of 17.38% and a return on equity of 20.70%. The company had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.13 billion. During the same quarter in the previous year, the business posted $1.06 earnings per share. APA’s quarterly revenue was down 11.7% on a year-over-year basis. On average, equities analysts anticipate that APA will post 5.14 earnings per share for the current year.

Insider Buying and Selling

In other APA 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 value of $833,290.00. Following the sale, the director owned 6,634 shares in the company, valued at $240,349.82. This trade represents a 77.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.73% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of APA. Goldman Sachs Group Inc. grew its position in APA by 76.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 7,171,963 shares of the company’s stock worth $175,426,000 after acquiring an additional 3,117,032 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of APA by 157.1% during the second quarter. AQR Capital Management LLC now owns 3,060,135 shares of the company’s stock valued at $55,970,000 after purchasing an additional 1,869,891 shares in the last quarter. Morgan Stanley grew its holdings in shares of APA by 21.8% during the fourth quarter. Morgan Stanley now owns 10,425,586 shares of the company’s stock worth $255,010,000 after purchasing an additional 1,864,900 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of APA by 13.6% in the third quarter. Dimensional Fund Advisors LP now owns 14,030,230 shares of the company’s stock valued at $340,657,000 after buying an additional 1,674,739 shares during the period. Finally, Northern Trust Corp raised its holdings in APA by 29.6% in the 3rd quarter. Northern Trust Corp now owns 4,462,476 shares of the company’s stock valued at $108,349,000 after buying an additional 1,018,326 shares during the last quarter. 83.01% of the stock is currently owned by institutional investors.

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

(Get Free Report)

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.