KeyBanc analyst Tim Rezvan has increased the price target for Expand Energy (EXE, Financial) from $130 to $135, maintaining an Overweight rating on the stock. After visiting the company's headquarters in Oklahoma City, the firm expressed greater confidence in EXE. KeyBanc anticipates improving profit margins driven by transformative marketing agreements in the near to medium term, which reinforces their positive outlook on the shares.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Expand Energy Corp (EXE, Financial) is $94.91 with a high estimate of $120.00 and a low estimate of $77.00. The average target implies an downside of 17.44% from the current price of $114.96. More detailed estimate data can be found on the Expand Energy Corp (EXE) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, Expand Energy Corp's (EXE, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Expand Energy Corp (EXE, Financial) in one year is $82.47, suggesting a downside of 28.26% from the current price of $114.96. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Expand Energy Corp (EXE) Summary page.
