Equinor ASA (NYSE:EQNR) Price Target Raised to $38.00

Posted by Stanley Muller on Jul 27th, 2026

Equinor ASA (NYSE:EQNR – Free Report) had its target price raised by TD Cowen from $37.00 to $38.00 in a report published on Friday morning, Marketbeat Ratings reports. TD Cowen currently has a hold rating on the stock.

A number of other research firms have also recently commented on EQNR. DZ Bank upgraded shares of Equinor ASA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 6th. Weiss Ratings raised Equinor ASA from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. Royal Bank Of Canada upgraded Equinor ASA from an “underperform” rating to a “sector perform” rating in a research note on Thursday. Rothschild & Co Redburn upgraded Equinor ASA from a “strong sell” rating to a “hold” rating in a research note on Thursday, April 9th. Finally, Pareto Securities downgraded Equinor ASA from a “strong-buy” rating to a “hold” rating in a report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $39.20.

Get Our Latest Research Report on Equinor ASA

Equinor ASA Price Performance

EQNR opened at $40.38 on Friday. The firm has a market cap of $118.91 billion, a PE ratio of 11.00, a P/E/G ratio of 2.70 and a beta of 0.06. The stock has a 50-day moving average price of $35.69 and a 200-day moving average price of $34.03. Equinor ASA has a 1 year low of $22.26 and a 1 year high of $43.46. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.18 and a quick ratio of 1.10.

Equinor ASA (NYSE:EQNR – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The company reported $1.33 EPS for the quarter, missing the consensus estimate of $1.39 by ($0.06). The firm had revenue of $34.02 billion for the quarter, compared to analysts’ expectations of $34.03 billion. Equinor ASA had a net margin of 7.92% and a return on equity of 23.60%. Sell-side analysts predict that Equinor ASA will post 4.85 earnings per share for the current fiscal year.

Equinor ASA Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Friday, August 14th will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Friday, August 14th. Equinor ASA’s payout ratio is 34.88%.

Hedge Funds Weigh In On Equinor ASA

Several hedge funds and other institutional investors have recently modified their holdings of the company. Arrowstreet Capital Limited Partnership lifted its holdings in Equinor ASA by 599.3% in the first quarter. Arrowstreet Capital Limited Partnership now owns 12,966,671 shares of the company’s stock valued at $547,194,000 after acquiring an additional 11,112,362 shares during the period. Bank of America Corp DE grew its stake in shares of Equinor ASA by 30.2% during the 3rd quarter. Bank of America Corp DE now owns 15,759,942 shares of the company’s stock valued at $384,227,000 after purchasing an additional 3,659,611 shares during the period. DV Equities LLC purchased a new stake in shares of Equinor ASA during the 4th quarter valued at about $16,217,000. Voloridge Investment Management LLC increased its position in shares of Equinor ASA by 143.2% during the 4th quarter. Voloridge Investment Management LLC now owns 880,931 shares of the company’s stock valued at $20,816,000 after purchasing an additional 518,646 shares during the last quarter. Finally, Morgan Stanley lifted its stake in shares of Equinor ASA by 5.6% in the 4th quarter. Morgan Stanley now owns 9,250,933 shares of the company’s stock worth $218,600,000 after purchasing an additional 493,801 shares during the period. 5.51% of the stock is owned by institutional investors.

About Equinor ASA

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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.