---
title: "Scotiabank Has Negative Estimate for APA FY2026 Earnings"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/273655471.md"
description: "Scotiabank has revised its FY2026 EPS estimate for APA Corporation from $1.15 to $1.05, maintaining a \"Sector Perform\" rating with a price target of $26.00. The consensus estimate for APA's full-year earnings is $4.03 per share. APA reported $0.93 EPS for the last quarter, exceeding expectations. The company also declared a quarterly dividend of $0.25 per share, with a yield of 3.9%. Institutional investors hold 83.01% of APA's stock, reflecting strong interest in the company despite recent downgrades from various analysts."
datetime: "2026-01-26T06:35:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/273655471.md)
  - [en](https://longbridge.com/en/news/273655471.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/273655471.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/273655471.md) | [English](https://longbridge.com/en/news/273655471.md)


# Scotiabank Has Negative Estimate for APA FY2026 Earnings

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APA Corporation (NASDAQ:APA - Free Report) - Investment analysts at Scotiabank dropped their FY2026 EPS estimates for shares of APA in a report released on Friday, January 23rd. Scotiabank analyst P. Cheng now forecasts that the company will post earnings per share of $1.05 for the year, down from their previous estimate of $1.15. Scotiabank has a "Sector Perform" rating and a $26.00 price objective on the stock. The consensus estimate for APA's current full-year earnings is $4.03 per share. Scotiabank also issued estimates for APA's FY2027 earnings at $1.65 EPS.

APA (NASDAQ:APA - Get Free Report) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.74 by $0.19. APA had a net margin of 15.49% and a return on equity of 19.86%. The business had revenue of $2.12 billion for the quarter, compared to analysts' expectations of $2.06 billion. During the same period in the prior year, the firm earned $1.00 earnings per share. APA's revenue was down 16.4% compared to the same quarter last year.

Several other equities analysts have also issued reports on APA. Susquehanna upped their price target on APA from $30.00 to $32.00 and gave the company a "positive" rating in a research note on Wednesday, November 12th. Jefferies Financial Group boosted their price objective on APA from $21.00 to $22.00 and gave the stock a "hold" rating in a report on Tuesday, January 20th. Zacks Research downgraded shares of APA from a "hold" rating to a "strong sell" rating in a research report on Tuesday, January 20th. Capital One Financial lowered their price target on shares of APA from $32.00 to $31.00 and set an "overweight" rating for the company in a research report on Friday, January 9th. Finally, Evercore ISI dropped their price target on shares of APA from $21.00 to $16.00 in a research note on Tuesday, November 4th. Six investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $26.30.

**View Our Latest Analysis on APA**

## APA Stock Up 1.0%

NASDAQ:APA opened at $25.80 on Monday. The company has a market cap of $9.15 billion, a price-to-earnings ratio of 6.20, a P/E/G ratio of 11.57 and a beta of 0.74. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.78 and a current ratio of 0.78. The stock's fifty day moving average price is $25.06 and its two-hundred day moving average price is $23.13. APA has a 52-week low of $13.58 and a 52-week high of $27.72.

## Institutional Trading of APA

Several hedge funds have recently added to or reduced their stakes in APA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in APA by 6.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,300 shares of the company's stock valued at $700,000 after acquiring an additional 2,070 shares during the period. NewEdge Advisors LLC grew its position in shares of APA by 49.6% in the 1st quarter. NewEdge Advisors LLC now owns 10,785 shares of the company's stock valued at $227,000 after purchasing an additional 3,578 shares during the period. Goldman Sachs Group Inc. increased its stake in APA by 43.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,668,505 shares of the company's stock worth $56,092,000 after purchasing an additional 806,252 shares in the last quarter. Focus Partners Wealth increased its stake in APA by 10.6% during the 1st quarter. Focus Partners Wealth now owns 44,833 shares of the company's stock worth $942,000 after purchasing an additional 4,297 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in APA by 227.2% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 98,145 shares of the company's stock worth $1,917,000 after buying an additional 68,149 shares during the period. Institutional investors and hedge funds own 83.01% of the company's stock.

## APA Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, February 23rd. Stockholders of record on Thursday, January 22nd will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Thursday, January 22nd. APA's dividend payout ratio (DPR) is currently 24.04%.

## Key Headlines Impacting APA

Here are the key news stories impacting APA this week:

-   Positive Sentiment: Zacks Research raised several near-term EPS forecasts for APA (Q1–Q4 2027 and FY2027 estimates were nudged higher), which can be read as modestly constructive on forward earnings expectations. (Zacks research notes)
-   Positive Sentiment: The Goldman Sachs price target was increased to $23 from $21 rating: sell, a small upward reframe of fair value that could limit downside. Goldman Sachs raises PT to $23
-   Positive Sentiment: AmericanBankingNews reported an analyst-implied price-target increase to $22, another incremental supportive datapoint. Price Target Raised to $22
-   Neutral Sentiment: Local community event — APA's "Paws & Pins" fundraiser scheduled for Feb. 20 — is PR/CSR positive but unlikely to move the stock materially. Paws & Pins fundraiser
-   Neutral Sentiment: Market commentary piece outlines how fresh analyst targets are reframing APA’s fair value; useful context for investors but not a direct market mover. Why APA story is shifting
-   Negative Sentiment: JPMorgan cut its price target to $25 (maintained neutral), and that move was reported alongside an intraday share drop — a clear near-term headwind for the stock. JPMorgan lowers PT to $25
-   Negative Sentiment: Barclays downgraded APA to an Underweight/“downgrade,” which increases sell-side pressure and may keep the stock capped until clearer operational/commodity signals emerge. Barclays downgrade
-   Negative Sentiment: Zacks moved the stock from Hold to Strong Sell even while nudging some short-term EPS estimates; the retained negative rating undercuts the constructive EPS revisions. Zacks rating change

## About APA

(Get Free Report)

APA Corporation NASDAQ: APA is an independent exploration and production company engaged in the acquisition, development and production of oil and natural gas resources. The company operates through three core regions: the United States, Egypt and the North Sea. Through its integrated approach, APA combines geological and geophysical expertise with technical innovation to identify and develop hydrocarbons in both onshore and offshore settings.

In the United States, APA's largest position is in the Permian Basin of West Texas and southeastern New Mexico, where it holds substantial acreage dedicated to oil-focused drilling and production.

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_This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._

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