Key Takeaways:
- EQT (EQT, Financial) outperformed Q1 earnings expectations with a notable Non-GAAP EPS of $1.18, surpassing predictions by $0.17.
- Revenue experienced a significant 25% year-over-year increase, reaching $2.15 billion.
- Investors can expect significant capital expenditures in 2025, with a focus on optimizing sales volumes between 2,200–2,300 Bcfe.
EQT's Impressive Q1 Performance
EQT Corp's (EQT) first-quarter results have exceeded market expectations, marking a strong start to the year. The company's Non-GAAP EPS of $1.18 reflects a positive surprise of $0.17 above analysts' estimates. A substantial revenue increase of 25% year-over-year has brought the quarterly figure to $2.15 billion. Looking ahead to 2025, EQT is positioning itself strategically, targeting sales volumes of 2,200–2,300 Bcfe. To support this growth, the company plans to allocate substantial capital expenditures while simultaneously cutting previous cost guidance.
Wall Street Analysts' Predictions
Wall Street analysts have set their sights on EQT Corp (EQT, Financial) with a diverse range of one-year price targets. Out of 24 analysts, the average target price stands at $55.80, with bullish projections reaching as high as $73.00 and more conservative estimates dipping to $36.00. With the current stock price at $48.57, the average target suggests a potential upside of 14.88%. For further insights, visit the EQT Corp (EQT) Forecast page.
Brokerage Recommendations
The consensus among 26 brokerage firms reinforces EQT Corp's (EQT, Financial) robust outlook, currently assigning an average brokerage recommendation of 2.1. This position denotes an "Outperform" rating, indicative of confidence among analysts. The rating spectrum ranges from 1, meaning Strong Buy, to 5, indicating Sell.
Analyzing GuruFocus' GF Value
Within the framework of GuruFocus' proprietary metrics, the estimated GF Value for EQT Corp (EQT, Financial) stands at $27.40 over the next year. This estimation suggests a notable downside of 43.59% from the current market price of $48.57. The GF Value metric is a comprehensive evaluation of what the stock's fair market value should be, derived from its historical trading multiples, historical business growth, and future performance projections. For a deeper dive into EQT Corp's valuation and financial metrics, explore the EQT Corp (EQT) Summary page.
