EQT Corp Truist revises price target, shares trade near recent lows

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-25, 15:10.

EQT Corp. (US26884L1098) sits among the major US natural gas producers, and its shares trade on the NYSE in the S&P 500 energy cohort under the ticker EQT. Truist Securities has adjusted its price target on the stock ahead of the second quarter earnings report, while maintaining a Buy stance, according to an analyst update published on Investing.com.Investing.com note on Truist's EQT target cut

What Truist now expects

Truist Securities lowered its price target for EQT Corp shares from 74 to 65 US dollars, citing evolving commodity price assumptions and interest rate dynamics around the natural gas market, while keeping a Buy rating in place.Investing.com coverage of Truist's revised projections The research house framed its new target within updated fiscal 2026 and 2027 estimates, highlighting rising global energy demand but more cautious near term pricing.

The Truist update points to EQT's current share price around 51.95 US dollars, described as close to the recent 52 week low near 48 dollars, underscoring a marked pullback versus earlier levels in 2026.Investing.com data on EQT valuation metrics Despite the reduced target, Truist references a low price to earnings ratio and a strong internal financial health rating as signals of robust fundamentals.

Analyst and rating backdrop

Alongside Truist's call, EQT Corp has recently attracted attention from credit markets, with Moody's Ratings upgrading its outlook on the company from stable to positive while affirming its Baa3 credit ratings, reflecting tangible progress in debt reduction.Simply Wall St summary of Moody's positive outlook Since a major acquisition of midstream assets in mid 2020, EQT is reported to have reduced its debt by around 8 billion US dollars and is moving towards a long term debt objective near 5 billion dollars.Investing.com discussion of EQT's deleveraging

Equity research coverage captured by MarketScreener indicates that other houses, including Bank of America and Barclays, have recently updated views on EQT around first half results and sector positioning, with a mix of Buy and Equal Weight ratings providing a nuanced consensus picture.MarketScreener aggregation of EQT-related analyst actions For retail investors on the NYSE, this combination of a positive credit outlook and trimmed equity targets defines a cautious but constructive narrative on the stock.

The business behind EQT

EQT Corp focuses on the exploration and production of natural gas, with a core footprint in the Marcellus and Utica shale plays across Appalachia, complemented by gathering and processing infrastructure and contractual access to major pipeline corridors.EQT Corp operations overview The company markets produced volumes into US utility and industrial demand centers and into international markets via liquefied natural gas export-linked arrangements, seeking to lock in cash flows through hedging and long term offtake agreements.

Where the EQT shares trade today

The EQT Corp shares (US26884L1098) last traded on the NYSE at 51.56 US dollars as of 2026-06-24, 15:59 Eastern Time, based on MarketBeat closing data, with an extended trading quote of 51.59 dollars shortly thereafter.MarketBeat quote and trading venue data for EQT Corp

Disclaimer: This article provides factual information and context on EQT Corp shares and does not contain investment advice, buy or sell recommendations, or price forecasts. Retail investors should perform their own research or consult a licensed advisor before making investment decisions.