Antero Resources Plunges 8.58% on Earnings Disappointment

Antero Resources (AR) experienced a significant decline, with its share price falling to its lowest level since December 2024, marking an intraday drop of 8.58%.

Antero Resources' stock price has been under pressure since its last earnings report, which was released on March 15, 2025. The report triggered a 9.4% decline in the company's stock price, indicating that investors were disappointed with the financial performance or outlook presented in the report.

Despite the recent decline, some analysts remain optimistic about Antero Resources' prospects. TD Cowen upgraded the company to a Buy rating, citing expectations of a surge in free cash flow starting in 2026. This positive outlook is based on the company's operational improvements and cost-cutting measures, which are expected to drive profitability in the coming years.

Morgan Stanley also maintains a Buy rating for Antero Resources, with a target price of $42. The firm's analysts believe that the company's strong asset base and strategic investments will position it well for future growth, despite current market challenges.

Scotiabank has raised its target price for Antero Resources from $44 to $46, reflecting a positive outlook on the company's long-term prospects. The firm's analysts highlight the company's robust balance sheet and disciplined capital allocation as key factors driving its growth potential.

Overall, while the recent earnings report has weighed on Antero Resources' stock price, the mixed analyst sentiment suggests that the company's long-term prospects remain promising. Investors will be closely watching the company's upcoming developments and financial performance to gauge its ability to deliver on these positive forecasts.