Plains GP Holdings, L.P. (PAGP)

Plains GP Holdings Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Plains GP Holdings stock have an average target of 20.44, with a low estimate of 16 and a high estimate of 24. The average target predicts a decrease of -5.72% from the current stock price of 21.68.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$16	$20.44	$20	$24
Change	-26.20%	-5.72%	-7.75%	+10.70%

Analyst Ratings

The average analyst rating for Plains GP Holdings stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	5	3	3	2	3	3
Buy	3	2	2	1	2	2
Hold	1	2	2	3	3	3
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	11	9	9	8	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Justin Jenkins Raymond James	Raymond James	Strong Buy Maintains $23 → $24	Strong Buy	Maintains	$23 → $24	+10.70%	Jan 28, 2025
Theresa Chen Barclays	Barclays	Sell Maintains $18 → $19	Sell	Maintains	$18 → $19	-12.36%	Jan 16, 2025
Keith Stanley Wolfe Research	Wolfe Research	Hold → Buy Upgrades n/a	Hold → Buy	Upgrades	n/a	n/a	Jan 10, 2025
Michael Blum Wells Fargo	Wells Fargo	Buy → Hold Downgrades $22 → $20	Buy → Hold	Downgrades	$22 → $20	-7.75%	Dec 18, 2024
Robert Kad Morgan Stanley	Morgan Stanley	Buy → Hold Downgrades $22 → $19	Buy → Hold	Downgrades	$22 → $19	-12.36%	Oct 25, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

58.19B

Increased by 16.20%

from 50.07B

Revenue Next Year

56.81B

Decreased by -2.37%

from 58.19B

EPS This Year

1.76

Increased by 140.90%

from 0.73

EPS Next Year

1.74

Decreased by -1.51%

from 1.76

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	23.29B	42.08B	57.34B	48.71B	50.07B	58.19B	56.81B	-
Revenue Growth	-30.83%	80.67%	36.28%	-15.05%	2.79%	16.20%	-2.37%	-
EPS	-3.08	0.31	0.87	1.02	0.73	1.76	1.74	1.52
EPS Growth	-	-	180.00%	17.25%	-27.89%	140.90%	-1.51%	-12.22%
Forward PE	-	-	-	-	-	12.29	12.48	14.22
No. Analysts	-	-	-	-	-	11	10	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	68.2B	62.1B
Avg	58.2B	56.8B
Low	50.5B	50.9B

Revenue Growth

Revenue Growth	2025	2026
High	36.2%	6.6%
Avg	16.2%	-2.4%
Low	0.8%	-12.5%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	2.54	2.58	2.02
Avg	1.76	1.74	1.52
Low	1.03	1.04	1.05

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	246.5%	46.4%	16.0%
Avg	140.9%	-1.5%	-12.2%
Low	40.5%	-41.1%	-39.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.