On March 23, 2026, Barclays upgraded APA Corporation (NasdaqGS: APA) from an Underweight to an Equal-Weight rating. The average one-year price target for APA is now $26.80 per share, which indicates a potential decrease of 31.31% from its latest closing price of $39.02.
The projected annual revenue for APA is $8.277 billion, down 4.70%. Institutional ownership declined by 29.45%, with 872 funds reporting positions, totaling 353,026K shares— a 15.02% decrease in the last three months. Despite this, the average portfolio weight for these funds increased by 27.86% to 0.11%, and the put/call ratio stands at 0.46, suggesting a bullish market sentiment.
