Wall Street Zen downgraded EQT Corporation (NYSE:EQT) from hold to sell on July 25, 2026. The rating change followed the release of the company's latest quarterly financial results.
EQT reported earnings per share of $0.39. This figure missed the consensus estimate of $0.41. Quarterly revenue reached $1.68 billion. This total fell short of the $1.76 billion analyst forecast. Revenue declined 29.2% compared to the same period last year.
The downgrade occurred despite EQT raising its 2026 production guidance and reporting record operational performance. Wall Street Zen noted that the financial misses and significant revenue decline outweighed these operational updates. Insider selling also influenced the revised rating.