EQT Corporation At $74 PT Reflects A Shift That May Not Reverse Anytime Soon

EQT Corporation (NYSE:EQT) is among the 10 Most Profitable Natural Gas Stocks to Buy Now. On March 27, Morgan Stanley raised its price target on EQT Corporation (NYSE:EQT) to $74 from $69 while maintaining an Overweight rating, citing structurally higher energy prices and tightening supply-demand dynamics across oil, LNG, and refining markets. The firm significantly…


EQT Corporation At  PT Reflects A Shift That May Not Reverse Anytime Soon

EQT Corporation (NYSE:EQT) is among the 10 Most Profitable Natural Gas Stocks to Buy Now.

On March 27, Morgan Stanley raised its price target on EQT Corporation (NYSE:EQT) to $74 from $69 while maintaining an Overweight rating, citing structurally higher energy prices and tightening supply-demand dynamics across oil, LNG, and refining markets. The firm significantly increased its long-term commodity price assumptions, noting that global energy markets are unlikely to revert to prior levels given ongoing geopolitical and structural constraints. This shift has driven a substantial upward revision in EBITDA forecasts across the sector, highlighting the scale of earnings leverage available to leading natural gas producers.

On the same day, BMO Capital raised its price target on EQT Corporation (NYSE:EQT) to $76 from $68 while maintaining an Outperform rating, emphasizing the companyโ€™s ability to generate outsized free cash flow. EQTโ€™s integrated midstream and marketing platform allows it to capitalize on pricing dislocations, while growing in-basin demandโ€”particularly from LNG exports and AI-driven data center energy consumptionโ€”provides additional tailwinds. The firm also noted continued progress on takeaway capacity expansions, which enhance long-term growth optionality.

EQT Corporation (NYSE:EQT) is the largest natural gas producer in the United States, with core operations in the Marcellus and Utica shale formations. With a history dating back to 1888, the company has evolved into a scale-driven, low-cost operator with significant exposure to structural demand growth. As global energy markets tighten and demand from LNG and AI infrastructure accelerates, EQT is uniquely positioned to deliver strong free cash flow and sustained growth, supporting a high-conviction investment thesis.

While we acknowledge the potential of EQT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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