EQT Corporation stock misses estimates as Zacks cuts forecasts

EQT Corporation stock faces a fresh estimate reset after Zacks Research cut its Q1 2027 EPS forecast to USD 1.43 from USD 1.47. The revision follows a quarterly result that missed both earnings and revenue expectations, sharpening the debate over natural gas prices and production economics.

Zacks lowers the earnings bar

According to MarketBeat on September 30, 2026, Zacks Research kept its Hold rating while reducing the Q1 2027 estimate from USD 1.47 to USD 1.43 per share. Zacks also projected USD 3.91 EPS for fiscal year 2026 and USD 3.42 for fiscal year 2027.

The adjustment matters because EQT's latest reported quarter produced USD 0.39 EPS against a USD 0.41 consensus estimate. Revenue reached USD 1.68 billion, below the USD 1.76 billion forecast, and fell 29.20 percent year over year, according to MarketBeat.

Targets stay above the stock

The broader analyst picture remains more constructive than the latest estimate cut. MarketBeat reported on September 25, 2026, that 28 brokerages assigned EQT a Moderate Buy consensus and an average 12-month target of USD 68.18. The same report listed 19 Buy ratings, 7 Holds and 2 Strong Buy ratings.

That split leaves investors weighing a favorable target structure against softer near-term earnings evidence. EQT's operating profile is tied to natural gas production in the Appalachian Basin, making realized gas prices and capital discipline central variables for the next report.

Market value and operating scale

On September 30, 2026, EQT had a market capitalization of USD 30.6 billion on the NYSE. Its 52-week range was USD 47.94 to USD 68.24, a spread that frames the distance between recent valuation pressure and the analyst consensus target.