UBS upgrades Antero Resources to Buy with a price target of $43.
UBS Group has raised its rating on Antero Resources Corporation (NYSE: AR) to "Buy" with a new price target of $43, according to a recent report [1]. The upgrade comes after the company missed earnings expectations but met revenue targets in its latest quarterly report.
In the first quarter, Antero Resources reported earnings per share (EPS) of $0.35, falling short of analysts' consensus estimates of $0.68. However, the company's revenue for the quarter was $1.30 billion, a 32.6% increase from the same period last year, meeting the consensus estimate [1].
Despite the earnings miss, UBS analysts believe that Antero Resources' strong fundamentals and growth prospects warrant a "Buy" rating. The company's debt-to-equity ratio of 0.15 and current ratio of 0.30 indicate a healthy balance sheet, while its net margin of 10.13% and return on equity of 6.48% suggest robust operational efficiency [1].
Institutional investors have shown continued interest in Antero Resources. LPL Financial LLC reduced its position by 56.7% during the first quarter, but the stock remains heavily held by institutional investors, with 83.04% of the shares in their possession [2]. Additionally, Invesco Ltd. increased its stake by 44.3% during the same period [2].
Antero Resources operates in the oil and natural gas sector, focusing on the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States. The company's strong market position and growth prospects have attracted significant investment from large institutional investors [1][2].
The upgrade by UBS follows several other positive analyst ratings and price target increases for Antero Resources. The stock has a consensus rating of "Moderate Buy" with an average price target of $43.65, indicating potential upside despite recent stock performance [1][2].
References:
[1] https://www.marketbeat.com/instant-alerts/filing-antero-resources-corporation-ar-position-reduced-by-lpl-financial-llc-2025-08-18/
[2] https://www.marketbeat.com/instant-alerts/filing-invesco-ltd-increases-holdings-in-antero-resources-corporation-nysear-2025-08-14/
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