EQT (EQT) Upgraded to Buy: Here's What You Should Know

Core Viewpoint - EQT Corporation has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Rising earnings estimates for EQT suggest an improvement in the company's underlying business, likely leading to increased stock prices [5][10]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7][9]. - Only the top 20% of Zacks-covered stocks receive a 'Strong Buy' or 'Buy' rating, indicating superior earnings estimate revisions [10]. Specific Earnings Estimates for EQT - For the fiscal year ending December 2025, EQT is expected to earn $3.48 per share, reflecting a 116.2% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for EQT has increased by 3.7%, indicating a positive trend in earnings expectations [8].