Equinor ASA (NYSE:EQNR) Upgraded at Royal Bank Of Canada

Posted by Stanley Muller on Jul 23rd, 2026

Equinor ASA (NYSE:EQNR – Get Free Report) was upgraded by stock analysts at Royal Bank Of Canada from an “underperform” rating to a “sector perform” rating in a report issued on Thursday.

Several other equities analysts have also recently weighed in on EQNR. TD Cowen dropped their price objective on Equinor ASA from $42.00 to $37.00 and set a “hold” rating for the company in a report on Monday, June 29th. Pareto Securities lowered Equinor ASA from a “strong-buy” rating to a “hold” rating in a report on Friday, March 27th. Rothschild & Co Redburn upgraded Equinor ASA from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 9th. Zacks Research downgraded Equinor ASA from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. Finally, Wall Street Zen cut shares of Equinor ASA from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $38.70.

Read Our Latest Analysis on EQNR

Equinor ASA Stock Up 6.6%

Shares of EQNR opened at $40.06 on Thursday. The company has a current ratio of 1.24, a quick ratio of 1.12 and a debt-to-equity ratio of 0.57. Equinor ASA has a 12 month low of $22.26 and a 12 month high of $43.46. The firm’s 50 day moving average is $35.62 and its 200-day moving average is $33.80. The stock has a market capitalization of $117.96 billion, a PE ratio of 18.37, a P/E/G ratio of 2.47 and a beta of 0.06.

Equinor ASA (NYSE:EQNR – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $1.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.38 by ($0.05). The company had revenue of $34.02 billion during the quarter, compared to the consensus estimate of $34.03 billion. Equinor ASA had a net margin of 5.30% and a return on equity of 20.01%. Equities research analysts forecast that Equinor ASA will post 4.73 EPS for the current year.

Hedge Funds Weigh In On Equinor ASA

Several hedge funds and other institutional investors have recently modified their holdings of the business. Ashton Thomas Private Wealth LLC acquired a new position in shares of Equinor ASA in the fourth quarter valued at approximately $4,734,000. QRG Capital Management Inc. boosted its position in Equinor ASA by 38.5% during the 4th quarter. QRG Capital Management Inc. now owns 125,044 shares of the company’s stock worth $2,955,000 after buying an additional 34,757 shares during the period. DJE Kapital AG acquired a new stake in Equinor ASA during the 1st quarter worth approximately $2,913,000. Jennison Associates LLC bought a new stake in Equinor ASA during the 1st quarter worth approximately $8,582,000. Finally, John G Ullman & Associates Inc. grew its holdings in Equinor ASA by 58.7% during the 4th quarter. John G Ullman & Associates Inc. now owns 128,809 shares of the company’s stock worth $3,044,000 after acquiring an additional 47,650 shares during the last quarter. Institutional investors own 5.51% of the company’s stock.

Trending Headlines about Equinor ASA

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

Positive Sentiment: Equinor’s Q2 results showed a sharp jump in profitability, with adjusted operating income of $11.48 billion and adjusted EPS of $1.33, driven by stronger oil and gas realizations and improved trading conditions. Equinor second quarter 2026 results
Positive Sentiment: The company kept its quarterly dividend at $0.39 per share and launched the third tranche of its 2026 buyback program, reinforcing its capital-return story for shareholders. Equinor ASA: Key information relating to cash dividend for second quarter 2026
Positive Sentiment: Higher oil prices and tighter European gas markets are improving the earnings backdrop for Equinor and other large upstream energy producers. Equinor profit soars on wartime oil and gas prices
Neutral Sentiment: A Seeking Alpha analyst downgraded the shares to Hold, arguing the recent rally has pushed valuation closer to fair value despite strong operations and buybacks. Equinor: Strategic Importance Isn’t Enough At This Valuation (Downgrade)
Neutral Sentiment: Equinor’s CEO said Europe is unlikely to meet its gas-storage target, highlighting continued tightness in the regional gas market. Europe unlikely to reach 80% gas storage target, Equinor CEO says
Negative Sentiment: Despite the stronger headline results, EPS came in slightly below analyst expectations, which may temper some of the enthusiasm around the quarter. Equinor earnings report

Equinor ASA Company Profile

(Get Free Report)

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.