Expand Energy (EXE) Price Target Cut to $137 at Piper Sandler

Expand Energy Corporation (NASDAQ:EXE) is included among the 10 Best American Oil and Gas Stocks to Buy.

Formed in 2024 by the merger of Chesapeake Energy Corporation and Southwestern Energy Company, Expand Energy Corporation (NASDAQ:EXE) operates as an independent natural gas production company in the United States.

On January 28, Piper Sandler lowered its price target on Expand Energy Corporation (NASDAQ:EXE) from $138 to $137, while keeping an ‘Overweight’ rating on the shares. The analyst expects strong prints from the gas equities in the fourth quarter, while WAHA pricing and weak oil and NGL prices have put pressure on oil operators. As we head into FY 2026, Piper expects a number of gas producers to push for growth in response to the ballooning demand for LNG.

Earlier, on January 21, Barclays reduced its price target on Expand Energy Corporation (NASDAQ:EXE) from $136 to $126 but maintained its ‘Overweight’ rating on the shares. The downward revision comes as the firm adjusted its ratings and targets in the exploration and production group as part of a Q4 preview. The analyst noted that the upstream sector’s cash return model ‘remains resilient’ amid macroeconomic volatility and sees attractive opportunities in the US onshore. However, Barclays advised investors to ‘tread carefully’ through the near-term commodity uncertainty.

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