Morgan Stanley Reiterates Buy Rating on Expand Energy Corporation
Morgan Stanley maintains its buy rating on Expand Energy Corporation with a target price of $131, a 43.66% upside from the current price.
Key Points
- Morgan Stanley reiterated its buy rating for Expand Energy Corporation (EXE) with a target price of $131 on June 29, 2026.
- Morgan Stanley's $131 price target implies 43.66% upside from Expand Energy Corporation's ($EXE) current $91.19 share price.
- Shares of EXE traded at $88.47 on Monday, with a market cap of approximately $21.16 billion and a P/E ratio of 6.58.
- Recent insider activity includes multiple purchases, and analysts generally recommend a buy, with a mean target price of $129.52.
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Morgan Stanley reiterated its buy rating for Expand Energy Corporation (NasdaqGS: EXE) on June 29, 2026. Analyst Devin McDermott set a target price of $131 for the energy company. Shares of Expand Energy traded at $88.47 on Monday.
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Expand Energy Corporation Stock Down 7.1%
Shares of NasdaqGS:EXE traded near $88.47 on Monday. Expand Energy Corporation has a market cap of about $21.16 billion and a P/E ratio of 6.58. The stock has a 52-week low of $86.37 and a high of $126.62, with a 50-day moving average of $94.12 and a 200-day moving average of $104.12. Its current ratio is 1.11, with a quick ratio of 0.89 and a debt-to-equity ratio of 25.88.
$EXE price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
In its recent earnings report, Expand Energy Corporation posted revenue of $12.96 billion, reflecting a growth rate of 41%. The company's net margin stood at 24.91%, with a return on equity of 17.57%. The next earnings date is scheduled for July 28, 2026.
Dividend
Expand Energy Corporation pays an annual dividend rate of $3.19, yielding 3.61%. The payout ratio is 23.74%.
Insider Buying and Selling at Expand Energy Corporation
Recent insider activity at Expand Energy Corporation includes several purchases. Interim President and CEO Michael Wichterich bought 1,000 shares at an average price of $88.90 on June 12, 2026. On June 4, 2026, insiders including Brian Steck and Shameek Konar each purchased 2,331 shares at $96.53.
Analysts Set New Price Targets
On June 29, 2026, Morgan Stanley maintained its buy rating with a price target of $131. Barclays recently downgraded the stock to hold with a $110 target on May 26, 2026. The consensus among 25 analysts is a buy, with a mean target price of $129.52.
About Expand Energy Corporation
Expand Energy Corporation, headquartered in Spring, Texas, is an independent natural gas production company. It focuses on acquiring, exploring, and developing properties for oil, natural gas, and natural gas liquids production. The company operates in several U.S. regions, including the Marcellus Shale in Pennsylvania and the Haynesville Shale in Louisiana. Led by CEO Joshua J. Viets, Expand Energy employs around 1,600 people.
Bottom Line
Morgan Stanley's reiteration of a buy rating for Expand Energy Corporation with a target of $131 suggests continued confidence in the company's prospects. Investors track such analyst opinions closely, even though they reflect past data and may not indicate future performance. With a solid market position and recent insider purchases, Expand Energy remains a company to watch in the energy sector.
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