Parex Resources Inc. (TSX:PXT)
Canada flag Canada · Delayed Price · Currency is CAD
26.68
-0.41 (-1.51%)
Sep 29, 2026, 4:00 PM EST

Parex Resources Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, Parex Resources stock has a consensus rating of "Buy" and an average price target of $31.25. The average 1-year stock price forecast is 17.13% higher than the current stock price, while the lowest is $29.00 (+8.70%) and the highest is $37.00 (+38.68%).

Price Target: $31.25 (+17.13%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$29.00$31.25$30.00$37.00
Change+8.70%+17.13%+12.44%+38.68%

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

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy112222
Buy000000
Hold334555
Sell000000
Strong Sell000000
Total446777

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
BTG Pactual
No rating
BTG Pactual
Buy
Upgrades
$34.00
BuyUpgrades$34.00+27.44%Sep 24, 2026
Roth MKM
Roth MKM
Buy
Reiterates
$37.00
BuyReiterates$37.00+38.68%Aug 4, 2026
RBC Capital
RBC Capital
Hold
Maintains
$30.00 → $29.00
HoldMaintains$30.00 → $29.00+8.70%Aug 2, 2026
Scotiabank
Scotiabank
Hold
Initiates
$29.00
HoldInitiates$29.00+8.70%Jun 22, 2026
Jefferies
Jefferies
Hold
Maintains
$30.00 → $32.50
HoldMaintains$30.00 → $32.50+21.81%May 5, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.53B
from 887.50M
Increased by 72.80%
Revenue Next Year
1.96B
from 1.53B
Increased by 27.73%
EPS This Year
5.96
from 2.31
Increased by 157.98%
EPS Next Year
3.80
from 5.96
Decreased by -36.30%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
900.20M1.31B1.17B1.09B887.50M1.53B
Revenue Growth
69.25%45.60%-10.71%-7.24%-18.25%72.80%
Operating Income
506.44M780.65M513.07M404.25M256.37M771.32M
Net Income
303.11M611.37M459.31M60.68M255.08M578.34M
EPS
----2.315.96
EPS Growth
----311.61%157.98%
Forward PE
5.023.723.865.0012.283.15
Dividend / Share
0.200.661.141.061.121.00
Dividend Growth
-232.87%72.72%-6.38%5.63%-11.40%
Free Cash Flow
----127.51M-373.39M
No. Analysts
-----3
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High1.7B
Avg1.5B
Low1.3B

Revenue Growth

Revenue Growth202620272028
High
89.1%
Avg
72.8%
Low
48.9%

EPS Forecast

EPS202620272028
High7.34
Avg5.96
Low5.27

EPS Growth

EPS Growth202620272028
High
217.4%
Avg
158.0%
Low
127.8%