Expand Energy Earns 'Buy' Rating with 23% Upside Potential
Expand Energy Corporation (EXE) has caught the attention of Freedom Broker analysts, who have initiated coverage of the company with a 'Buy' rating and a $122 target price. The upside potential for EXE is currently at 23.17%, given its current price of $99.05.
The company's diversified asset portfolio, which spans three major U.S. gas-producing regions, provides a resilient production base that can adapt to regional pricing and market conditions. With the acquisition of Twin Eagle Holdings, Expand Energy will be able to control a broader portion of the value chain from gas production to delivery to end markets.
The analysts at Freedom Broker believe that rising liquefied natural gas exports and electricity consumption will support gas prices and the company's financial results. They forecast revenue of $13.31m and adjusted EPS of $7.54 for 2026, with a five-year discounted cash flow model serving as the basis for their $122 target price.