Wells Fargo sets USD 123.00 target for Expand Energy stock

Published on 10/17/2026 at 22:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was USD 2.96 billion on June 30, 2026. Expand Energy stock closed at USD 93.41 on October 16, 2026 after USD 90.80.

Analyst target and reporting date

Wells Fargo assigned a USD 123.00 target and Hold rating on October 16, 2026.
Second-quarter revenue was USD 2.96 billion for the period ending June 30, 2026.
Expand Energy stock last traded at USD 93.41 on October 16, 2026, after USD 90.80.
Expand Energy will release third-quarter results after market close on October 27, 2026.

Expand Energy, US1651677353, Illustration mit AI erstellt.

Wells Fargo assigned a Hold rating and a USD 123.00 price target to Expand Energy on October 16, 2026, according to Markets Insider. Against the USD 93.41 last price on Nasdaq, the target stands 31.68 percent higher. Expand Energy stock had closed at USD 93.41 on October 16, 2026, versus USD 90.80 previously.

Revenue reached USD 2.96 billion

The second-quarter results provide the latest operating benchmark. Revenue was USD 2.96 billion for the quarter ended June 30, 2026, while net income was USD 522.0 million. Simply Wall St reported that revenue increased 5.4 percent from the year-earlier quarter, while net income fell 46 percent and earnings per share came to USD 2.19, down from USD 4.07.

The combination gives the analyst target a mixed operating backdrop. Revenue expanded on the year, but the lower net income and earnings per share point to a sharper profit comparison than the sales figure alone suggests.

Stock stays below its yearly high

Expand Energy last traded at USD 93.41 on Nasdaq on October 16, 2026 at 4:00 p.m. ET. The price was USD 33.21 below the 52-week high of USD 126.62 and USD 10.16 above the 52-week low of USD 83.25. Market capitalization was USD 21.6 billion, and the trailing P/E ratio was 8.07.

Results date is October 27

GlobeNewswire reported on October 14, 2026 that Expand Energy will release its third-quarter operational and financial results after market close on October 27, 2026. The conference call is scheduled for October 28, 2026 at 9:00 a.m. EDT.

Comparison with peers

Expand Energy: plus 2.87 percent, P/E 8.07, market capitalization USD 21.6 billion
Cheniere Energy (NYSE, USD): plus 3.68 percent, P/E 21.55, market capitalization USD 59.8 billion
EQT (NYSE, USD): plus 3.56 percent, P/E 11.96, market capitalization USD 34.0 billion

Nasdaq listing and company profile

Expand Energy operates as an independent natural gas producer in the United States and is listed on Nasdaq under the ticker EXE. The company described itself in its October 14 release as North America's largest natural gas producer.

Expand Energy stock last traded at USD 93.41 on Nasdaq on October 16, 2026 at 4:00 p.m. ET.