These are top 10 stocks traded on the Robinhood UK platform in July
Investing.com - Mizuho (NYSE:MFG) raised its price target on Expand Energy (NASDAQ:EXE) to $154.00 from $142.00 on Wednesday, while maintaining an Outperform rating on the stock. According to InvestingPro data, the company, currently trading at $104.74 with a market capitalization of $24.83 billion, appears to be trading above its Fair Value.
The price target increase follows Expand Energy’s quarterly results, which Mizuho described as "solid" both operationally and financially. The company reported volumes at the high end of guidance and lowered its fiscal 2025 capital guidance by approximately $100 million while maintaining volume guidance. The company has demonstrated strong revenue growth of 35.62% over the last twelve months, though InvestingPro analysis indicates it operates with a moderate debt level, with a debt-to-equity ratio of 0.31.
Expand Energy raised its free cash flow outlook for 2025 and 2026 by approximately $425 million and $500 million respectively, maintaining the same commodity price outlook. The improved cash flow stems from operating cost savings, synergies from the SWN acquisition, lower taxes, and improved capital efficiencies. InvestingPro analysts expect the company to return to profitability this year, with 8 additional exclusive insights available to subscribers.
The company returned $585 million to shareholders through its base dividend ($137 million), variable dividend (approximately $0.90 per share), and share buybacks ($100 million). Expand Energy also increased its debt repayment target for 2025 by $500 million to $1 billion total.
Mizuho’s updated price target is based on a net asset value (NAV) analysis, with the firm noting that the increased debt repayment target signals confidence in the outlook for natural gas prices despite recent market weakness.
In other recent news, Expand Energy Corp reported its Q2 2025 earnings, showing a revenue of $3.69 billion. This figure significantly exceeded the forecasted revenue of $2.57 billion, representing a 43.58% surprise. However, the company’s earnings per share (EPS) were $1.10, slightly below the anticipated $1.13. Despite the minor EPS miss, the revenue beat was a notable highlight for investors. There were no reports of mergers or acquisitions in the recent updates. Analyst firms have yet to issue any upgrades or downgrades following the earnings announcement. These developments reflect the latest financial performance and market reactions concerning Expand Energy Corp.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.