Parex Resources Inc. (TSX:PXT)
22.30
+0.04 (0.18%)
Jul 10, 2026, 4:00 PM EST
Parex Resources Stock Forecast
Stock Price Forecast
According to 6 analysts polled by S&P Global, Parex Resources stock has a consensus rating of "Buy" and an average price target of $31.58. The average 1-year stock price forecast is 41.61% higher than the current stock price, while the lowest is $26.00 (+16.59%) and the highest is $41.00 (+83.86%).
Price Target: $31.58 (+41.61%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Parex Resources stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 1 | 1 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 5 | 5 | 4 | 4 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Initiates $29.00 | Hold | Initiates | $29.00 | +30.04% | Jun 22, 2026 |
| Roth MKM | Roth MKM | Buy Maintains $39.00 → $41.00 | Buy | Maintains | $39.00 → $41.00 | +83.86% | May 13, 2026 |
| Jefferies | Jefferies | Hold Maintains $30.00 → $32.50 | Hold | Maintains | $30.00 → $32.50 | +45.74% | May 5, 2026 |
| RBC Capital | RBC Capital | Hold Maintains $28.00 → $32.00 | Hold | Maintains | $28.00 → $32.00 | +43.50% | Apr 8, 2026 |
Financial Forecast
Revenue This Year
1.74B
from 887.50M
Increased by 95.77%
Revenue Next Year
1.84B
from 1.74B
Increased by 5.63%
EPS This Year
3.66
from 2.31
Increased by 58.35%
EPS Next Year
4.17
from 3.66
Increased by 14.00%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.7B | ||
| Avg | 1.7B | ||
| Low | 1.7B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 95.8% | ||
| Avg | 95.8% | ||
| Low | 95.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 6.75 | ||
| Avg | 3.66 | ||
| Low | 2.36 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 191.9% | ||
| Avg | 58.3% | ||
| Low | 2.2% |