Equinor ASA

Equinor ASA (EQNR) Stock Analysis

$45.290

+0.272 (+0.60%)At close

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High
45.635
Open
45.250
VWAP
45.32
Volume
3.76M
Mkt Cap
82.48B
Low
45.050
Amount
170.36M
EV/EBITDA, TTM
2.44

Equinor ASA, formerly Statoil ASA is a Norway-based international energy company. The Company’s purpose is to turn natural resources into energy. Equinor sells crude oil and delivers natural gas to the European market. It is also engaged in processing, refining, offshore wind and carbon capture and storage activities. Equinor ASA has five reporting segments: Exploration & Production Norway (E&P Norway), Exploration & Production International (E&P International), Exploration & Production USA (E&P USA), Marketing, Midstream & Processing (MMP) and Renewables (REN). The Company has several subsidiaries such as Equinor Nigeria Energy Company Ltd, Equinor Wind Power AS, Equinor International Netherlands BV and Equinor Brasil Energia Ltda.

AI analysis of Equinor ASA (EQNR)

Buy

Equinor ASA is a good buy right now due to its strong recent performance, including a year-to-date change of +75.19% and a gross margin of 46.34% in Q2 2026. The current price of $43.01 is below the analyst target of $41, indicating potential upside. However, a risk to consider is the downgrade from Grupo Santander, which set a price target of NOK 425, reflecting some caution in the energy sector.

Valuation Metrics

The current forward P/E ratio for Equinor ASA (EQNR) is 10.62, compared to its 5-year average forward P/E of 7.33.

Forward P/E

Overvalued
5Y Average P/E
7.33
Current P/E
10.62
Overvalued
9.94
Undervalued
4.73

Forward EV/EBITDA

Overvalued
5Y Average EV/EBITDA
1.89
Current EV/EBITDA
2.44
Overvalued
2.43
Undervalued
1.35

Forward P/S

Overvalued
5Y Average P/S
0.76
Current P/S
0.89
Overvalued
0.86
Undervalued
0.66

Alphio AI Price Scenarios for EQNR

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%EQNR

$24.52

Scenario price

B

Base

Base · 50%EQNR

$23.46

Scenario price

B

Bear

Bear · 25%EQNR

$22.62

Scenario price

Whales holding EQNR

T

The Government Pension Fund - Norway

+ HoldingEQNR

+21.19%

3M Return

E

Energidepartementet

+ HoldingEQNR

+21.19%

3M Return

F

Folketrygdfondet

+ HoldingEQNR

+18.48%

3M Return

A

Arrowstreet Capital, Limited Partnership

+ HoldingEQNR

+7.99%

3M Return

K

KLP Kapitalforvaltning AS

+ HoldingEQNR

+6.77%

3M Return

S

SAFE Investment Company Limited

+ HoldingEQNR

+2.82%

3M Return

Events Timeline

2026-10-08 (ET)

17:00:00

Weatherford Awarded Two-Year Extension with Equinor

2026-08-17 (ET)

16:30:00

Wall Street Major Indices Close Slightly Lower on Monday

13:00:00

Wall Street Slightly Lower as Retail Earnings Awaited

2026-07-22 (ET)

09:00:00

Nasdaq Futures Decline as Investors Remain Cautious

05:30:00

Equinor Launches $1.13B Third Tranche of 2026 Buyback Program

News

EQNR FAQ — answered by Alphio AI

Equinor ASA, formerly Statoil ASA is a Norway-based international energy company. The Company’s purpose is to turn natural resources into energy. Equinor sells crude oil and delivers natural gas to the European market. It is also engaged in processing, refining, offshore wind and carbon capture and storage activities. Equinor ASA has five reporting segments: Exploration & Production Norway (E&P Norway), Exploration & Production International (E&P International), Exploration & Production USA (E&P USA), Marketing, Midstream & Processing (MMP) and Renewables (REN). The Company has several subsidiaries such as Equinor Nigeria Energy Company Ltd, Equinor Wind Power AS, Equinor International Netherlands BV and Equinor Brasil Energia Ltda. It operates in the Energy sector (PETROLEUM REFINING industry).

Equinor ASA is a good buy right now due to its strong recent performance, including a year-to-date change of +75.19% and a gross margin of 46.34% in Q2 2026. The current price of $43.01 is below the analyst target of $41, indicating potential upside. However, a risk to consider is the downgrade from Grupo Santander, which set a price target of NOK 425, reflecting some caution in the energy sector.

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This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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