Paramount Resources Stock Forecast

Stock Price Forecast

According to 11 analysts polled by S&P Global, Paramount Resources stock has a consensus rating of "Buy" and an average price target of $39.18. The average 1-year stock price forecast is 12.07% higher than the current stock price, while the lowest is $36.00 (+2.97%) and the highest is $44.00 (+25.86%).

Price Target: $39.18 (+12.07%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$36.00	$39.18	$40.00	$44.00
Change	+2.97%	+12.07%	+14.42%	+25.86%

Analyst Ratings

The average analyst rating for Paramount Resources stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart

Rating	May '26	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26
Strong Buy	5	5	5	5	5	5
Buy	2	2	2	2	3	3
Hold	2	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	9	10	10	10	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sam Burwell Jefferies	Jefferies	Buy Maintains $37.00 → $41.00	Buy	Maintains	$37.00 → $41.00	+17.28%	Oct 20, 2026
Michael Harvey RBC Capital	RBC Capital	Hold Maintains $37.00	Hold	Maintains	$37.00	+5.84%	Oct 20, 2026
Chris MacCulloch Scotiabank	Scotiabank	Hold Maintains $36.00 → $40.00	Hold	Maintains	$36.00 → $40.00	+14.42%	Oct 19, 2026
Luke Davis Raymond James	Raymond James	Buy Maintains $39.00 → $40.00	Buy	Maintains	$39.00 → $40.00	+14.42%	Oct 14, 2026
Jamie Kubik CIBC	CIBC	Buy Maintains $35.00 → $36.00	Buy	Maintains	$35.00 → $36.00	+2.97%	Oct 9, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.02B

from 965.70M

5.48%

from 965.70M

Revenue Next Year

1.19B

from 1.02B

16.60%

from 1.02B

EPS This Year

1.79

EPS Next Year

1.97

from 1.79

10.06%

from 1.79

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.33B	2.19B	1.80B	1.85B	965.70M	1.02B
Revenue Growth	124.00%	64.34%	-17.81%	3.08%	-47.93%	5.48%
Operating Income	336.30M	779.10M	472.60M	374.20M	65.00M	718.00M
Net Income	236.90M	680.60M	470.20M	335.90M	1.29B	282.50M
EPS	-	-	-	-	-	1.79
Forward PE	15.35	4.85	7.43	10.80	7.34	19.53
Dividend / Share	0.20	1.13	1.50	1.70	0.70	0.60
Dividend Growth	-	465.00%	32.74%	13.33%	-58.82%	-14.29%
Free Cash Flow	-	-	-	-	-385.50M	-366.00M
No. Analysts	-	-	-	-	-	3

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	1.0B
Avg	1.0B
Low	982.0M

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	7.6%
Avg	5.5%
Low	1.7%

EPS Forecast

Chart

EPS	2026	2027	2028
High	1.79
Avg	1.79
Low	1.79

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	-47.3%
Avg	-47.3%
Low	-47.3%