TD Cowen Issues Positive Forecast for Equinor ASA (NYSE:EQNR) Stock Price

Equinor ASA (NYSE:EQNR) had its price target lifted by equities researchers at TD Cowen from $22.00 to $25.00 in a research note issued to investors on Thursday,Finviz reports. The firm currently has a “hold” rating on the stock. TD Cowen’s price target would indicate a potential downside of 6.86% from the company’s previous close.

A number of other analysts also recently issued reports on EQNR. Jefferies Financial Group began coverage on shares of Equinor ASA in a report on Thursday, January 8th. They set a “hold” rating on the stock. Weiss Ratings upgraded Equinor ASA from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, January 12th. Sanford C. Bernstein cut Equinor ASA from an “outperform” rating to a “market perform” rating in a report on Friday, October 17th. Barclays reissued an “underweight” rating on shares of Equinor ASA in a report on Friday, October 31st. Finally, DZ Bank downgraded Equinor ASA from a “strong-buy” rating to a “strong sell” rating in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and nine have assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $24.71.

Equinor ASA Stock Performance

NYSE EQNR opened at $26.84 on Thursday. The firm has a market capitalization of $79.04 billion, a P/E ratio of 12.72, a PEG ratio of 3.29 and a beta of 0.38. The stock has a 50-day simple moving average of $24.02 and a two-hundred day simple moving average of $24.28. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.38 and a current ratio of 1.48. Equinor ASA has a fifty-two week low of $21.41 and a fifty-two week high of $28.26.

Equinor ASA (NYSE:EQNR) last posted its earnings results on Wednesday, February 4th. The company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.60 by $0.21. Equinor ASA had a return on equity of 14.34% and a net margin of 5.27%.The firm had revenue of $25.30 billion for the quarter, compared to analyst estimates of $21.31 billion. On average, equities analysts forecast that Equinor ASA will post 3.46 earnings per share for the current year.

Hedge Funds Weigh In On Equinor ASA

Institutional investors and hedge funds have recently bought and sold shares of the business. Elevation Point Wealth Partners LLC boosted its holdings in shares of Equinor ASA by 1.9% during the 2nd quarter. Elevation Point Wealth Partners LLC now owns 23,101 shares of the company’s stock worth $581,000 after purchasing an additional 424 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in Equinor ASA by 1.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 37,331 shares of the company’s stock valued at $910,000 after buying an additional 428 shares in the last quarter. Ballentine Partners LLC grew its holdings in Equinor ASA by 5.0% in the 3rd quarter. Ballentine Partners LLC now owns 9,039 shares of the company’s stock valued at $220,000 after buying an additional 434 shares in the last quarter. Legacy Wealth Asset Management LLC increased its stake in shares of Equinor ASA by 1.8% in the 3rd quarter. Legacy Wealth Asset Management LLC now owns 24,805 shares of the company’s stock worth $605,000 after acquiring an additional 437 shares during the last quarter. Finally, National Bank of Canada FI raised its holdings in shares of Equinor ASA by 1.1% during the 3rd quarter. National Bank of Canada FI now owns 39,045 shares of the company’s stock worth $952,000 after acquiring an additional 437 shares during the period. 5.51% of the stock is currently owned by institutional investors and hedge funds.

Key Equinor ASA News

Here are the key news stories impacting Equinor ASA this week:

• Positive Sentiment: Q4 earnings beat — Equinor reported adjusted EPS of $0.81 and revenue of $25.3B, topping analyst estimates and showing stronger operating performance than feared; this drove much of the positive market reaction. Equinor fourth quarter and full year 2025 results
• Positive Sentiment: Capitalised on US gas price spike — Equinor sold ~30% of its U.S. gas volumes on the spot market in January to capture higher prices, lifting near‑term cash flow. Equinor sold about 30% of its US gas on spot market during January price spike
• Positive Sentiment: Argentina onshore divestment — Equinor agreed to sell Vaca Muerta onshore assets to Vista Energy for $1.1B, improving liquidity while keeping offshore exposure — a tidy non‑core monetization. Equinor Divests Argentina Onshore Assets to Vista Energy for $1.1B
• Positive Sentiment: Buy‑back tranche starts — Equinor will commence the first tranche (up to $375M) of its $1.5B 2026 buy‑back programme on Feb 5, supporting shareholder returns. Equinor to commence first tranche of the 2026 share buy-back programme
• Neutral Sentiment: Dividend proposal — The company proposed a Q4 cash dividend of $0.39 (subject to AGM approval), which is supportive for income investors but not unexpected. Equinor ASA: Key information relating to proposed cash dividend
• Neutral Sentiment: Profit decline but better than feared — Q4 profit fell year‑on‑year as oil & gas prices weakened, yet results came in slightly ahead of expectations, tempering the negative reaction. Equinor Q4 profit falls, but less than expected
• Negative Sentiment: Reduced buy‑back headline — Coverage noted Equinor scaled back share‑repurchases relative to prior programs after quarterly profit weakness, which can be read as reduced shareholder return capacity. Equinor Reduces Share Buyback as Quarterly Earnings Tumble
• Negative Sentiment: Earnings slide & cost response — Management flagged weaker oil & gas prices, a slide in earnings and plans for ~10% operating‑cost cuts and lower capex, highlighting near‑term margin pressure. Equinor Posts Earning Slide, Targets Cost Cuts in 2026

About Equinor ASA

Equinor ASA (NYSE: EQNR) is a Norway-based integrated energy company headquartered in Stavanger. Historically established as Statoil in the 1970s to develop Norway’s petroleum resources, the company changed its name to Equinor in 2018 to reflect a strategic shift toward a broader energy portfolio. Equinor’s operations span the full upstream value chain, including exploration, development and production of oil and natural gas, alongside trading and marketing activities that support its global commercial operations.

In recent years Equinor has pursued a transition strategy that combines continued development of conventional oil and gas resources with growing investments in low‑carbon energy.