All You Need to Know About EQT (EQT) Rating Upgrade to Buy

Core Viewpoint - EQT Corporation has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][2]. Earnings Estimates and Stock Price Movement - The change in a company's future earnings potential, as reflected in earnings estimate revisions, is strongly correlated with near-term stock price movements [3]. - Institutional investors utilize earnings estimates to determine the fair value of a company's shares, leading to buying or selling actions that affect stock prices [3]. Recent Performance of EQT - For the fiscal year ending December 2025, EQT is expected to earn $3.27 per share, representing a 103.1% increase from the previous year's reported figure [7]. - Over the past three months, the Zacks Consensus Estimate for EQT has increased by 6%, indicating a positive trend in earnings estimates [7]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks generating an average annual return of +25% since 1988 [6]. - The upgrade of EQT to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [9].