Piper Sandler Raises Eqt PT to $49, Maintains Neutral Rating

Piper Sandler Raises Eqt PT to $49, Maintains Neutral Rating

Piper Sandler, a leading investment research firm, has raised its price target for EQT Corporation (NYSE:EQT) to $49.00, while maintaining a neutral rating on the stock. The update comes amidst a flurry of analyst activity surrounding EQT, with several other research firms also adjusting their estimates and ratings for the oil and gas producer.

On July 22, 2025, Zacks Research boosted their Q3 2025 earnings per share estimates for EQT to $0.66, up from their prior forecast of $0.62. This optimism was echoed by Mizuho, which raised EQT to an "outperform" rating and set a $66.00 target price [1]. Royal Bank of Canada also upgraded their price target on EQT from $55.00 to $60.00, giving the stock a "sector perform" rating [1].

EQT's strong performance has been driven by robust natural gas prices and a growing demand for natural gas liquids. The company's latest earnings report showed a net margin of 15.87% and a return on equity of 6.24%. Despite missing analysts' consensus estimates for earnings per share, EQT's revenue of $1.60 billion during the quarter exceeded expectations.

Institutional investors have also shown confidence in EQT, with several large investors increasing their stakes in the company. Zions Bancorporation National Association UT, Harbour Investments Inc., University of Texas Texas AM Investment Management Co., Mascagni Wealth Management Inc., and Colonial Trust Co SC all increased their holdings in EQT during the first and fourth quarters of 2025 [1].

Piper Sandler's neutral rating suggests that while the firm sees potential in EQT, it is not currently bullish on the stock. The firm's price target of $49.00 is higher than the current market price of $54.09, indicating a degree of optimism about EQT's future prospects. However, the firm's neutral rating also reflects a cautious approach, given the volatile nature of the energy sector.

Overall, the recent analyst activity surrounding EQT suggests that the stock is being closely watched by the investment community. While Piper Sandler's update indicates a level of optimism about EQT's future, the firm's neutral rating also reflects a degree of caution. As with any investment, it is essential for investors to conduct their own research and consider their risk tolerance before making any decisions.

References:
[1] https://www.marketbeat.com/instant-alerts/zacks-research-issues-optimistic-estimate-for-eqt-earnings-2025-07-25/
[2] https://www.cnbc.com/2025/07/25/friday-stocks-to-watch-from-analyst-calls-like-nvidia.html