Truist Financial Forecasts Strong Price Appreciation for Expand Energy (NASDAQ:EXE) Stock

Expand Energy (NASDAQ:EXE) had its price objective hoisted by stock analysts at Truist Financial from $117.00 to $121.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial’s target price would indicate a potential upside of 32.12% from the stock’s current price.

Several other brokerages have also issued reports on EXE. KeyCorp reaffirmed a “sector weight” rating on shares of Expand Energy in a research report on Thursday, April 2nd. Weiss Ratings downgraded Expand Energy from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 19th. Roth Capital restated a “neutral” rating and set a $93.00 price target on shares of Expand Energy in a research note on Wednesday. UBS Group restated a “buy” rating on shares of Expand Energy in a report on Thursday. Finally, Barclays lowered shares of Expand Energy from an “overweight” rating to a “reduce” rating in a research report on Tuesday, May 26th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Expand Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.18.

Expand Energy Stock Down 1.0%

NASDAQ EXE traded down $0.88 on Thursday, hitting $91.58. The stock had a trading volume of 837,922 shares, compared to its average volume of 3,754,519. The business’s fifty day moving average price is $90.16 and its 200 day moving average price is $98.86. The stock has a market cap of $21.91 billion, a price-to-earnings ratio of 7.89 and a beta of 0.34. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.11 and a quick ratio of 1.11. Expand Energy has a 52-week low of $84.99 and a 52-week high of $126.62.

Expand Energy (NASDAQ:EXE) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $1.33 EPS for the quarter, beating the consensus estimate of $1.13 by $0.20. The firm had revenue of $2.96 billion during the quarter, compared to analyst estimates of $3.05 billion. Expand Energy had a return on equity of 10.42% and a net margin of 20.46%. Equities research analysts anticipate that Expand Energy will post 8.53 earnings per share for the current year.

Insider Activity

In other news, CEO Michael Wichterich acquired 1,000 shares of Expand Energy stock in a transaction dated Friday, June 12th. The stock was purchased at an average cost of $88.90 per share, for a total transaction of $88,900.00. Following the completion of the purchase, the chief executive officer directly owned 85,498 shares in the company, valued at $7,600,772.20. This trade represents a 1.18% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Marcel Teunissen bought 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The shares were purchased at an average cost of $96.43 per share, with a total value of $192,860.00. Following the acquisition, the chief financial officer directly owned 9,144 shares of the company’s stock, valued at approximately $881,755.92. This trade represents a 28.00% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders have acquired 4,000 shares of company stock worth $375,120. Company insiders own 0.22% of the company’s stock.

Hedge Funds Weigh In On Expand Energy

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Siemens Fonds Invest GmbH lifted its stake in Expand Energy by 6.8% during the 3rd quarter. Siemens Fonds Invest GmbH now owns 1,383 shares of the company’s stock valued at $147,000 after acquiring an additional 88 shares during the period. Atlantic Union Bankshares Corp increased its stake in shares of Expand Energy by 74.6% in the fourth quarter. Atlantic Union Bankshares Corp now owns 234 shares of the company’s stock worth $26,000 after acquiring an additional 100 shares during the period. McGowan Group Asset Management Inc. increased its stake in shares of Expand Energy by 0.4% in the fourth quarter. McGowan Group Asset Management Inc. now owns 24,073 shares of the company’s stock worth $2,657,000 after acquiring an additional 105 shares during the period. Smartleaf Asset Management LLC raised its holdings in shares of Expand Energy by 25.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 543 shares of the company’s stock worth $61,000 after purchasing an additional 110 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Expand Energy by 4.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,590 shares of the company’s stock worth $286,000 after purchasing an additional 111 shares during the last quarter. Institutional investors and hedge funds own 97.93% of the company’s stock.

Expand Energy News Roundup

Here are the key news stories impacting Expand Energy this week:

• Positive Sentiment: Q2 earnings beat estimates: Expand Energy reported adjusted earnings of $1.33 per share, exceeding consensus estimates of $1.13–$1.22. Net income was $522 million, operating cash flow reached $1.096 billion and adjusted EBITDAX was $1.183 billion. Higher production helped offset weaker gas prices. Reuters earnings report
• Positive Sentiment: Shareholder returns increased: The company repurchased approximately $530 million of stock during the quarter, bringing year-to-date buybacks to about $849 million, and authorized roughly $1 billion in additional repurchases. It also declared a $0.575 per-share quarterly dividend, payable September 3 to shareholders of record August 13. Expand Energy second-quarter results
• Positive Sentiment: Twin Eagle acquisition adds growth potential: Expand Energy agreed to acquire Twin Eagle Holdings for $1.25 billion. Management expects the transaction to be immediately accretive, initially adding more than $200 million of annual EBITDA, with anticipated synergies of $150 million annually by the end of 2028. The deal expands EXE’s natural-gas marketing and midstream platform. Twin Eagle acquisition report
• Neutral Sentiment: Operational outlook remains intact: Management reaffirmed 2026 production guidance of 7.4–7.6 billion cubic feet equivalent per day, supporting confidence in execution despite commodity-price volatility. Q2 earnings call highlights
• Negative Sentiment: Revenue miss and cautious analyst stance: Quarterly revenue of $2.96 billion fell short of the $3.05 billion consensus estimate, reflecting lower gas prices. Barclays maintained a “Hold” rating, signaling limited conviction in near-term upside. Barclays rating report

About Expand Energy

Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.